Pre-Market Technical Pulse on Independent Oil & Gas Stocks -- Carrizo Oil & Gas, Diamondback Energy, Gulfport Energy, and Energen

NEW YORK, October 9, 2017 /PRNewswire/ --

If you want a Stock Review on CRZO, FANG, GPOR, or EGN then come over to and sign up for your free customized report. Four Independent Oil and Gas companies have been lined up by for assessment today: Carrizo Oil & Gas Inc. (NASDAQ: CRZO), Diamondback Energy Inc. (NASDAQ: FANG), Gulfport Energy Corp. (NASDAQ: GPOR), and Energen Corp. (NYSE: EGN). According to an article on The Economic Times, the world is propelling fast towards a post-oil future when electric batteries will drive the world. The website further noted that according to futurist and clean energy expert, Toni Seba, the global oil demand will peak at 100 million barrels per day by 2020, dropping to 70 million barrels per day by 2030. Sign up today on and download our free research reports on these featured stocks at:

Carrizo Oil & Gas 

Last Friday, shares in Houston, Texas-based Carrizo Oil & Gas Inc. ended the session 2.21% lower at $16.82. The stock recorded a trading volume of 4.18 million shares, which was above its three months average volume of 3.94 million shares. The Company's shares have advanced 39.93% in the last one month and 7.61% over the previous three months. The stock is trading above its 50-day moving average by 17.52%. Furthermore, shares of Carrizo Oil & Gas, which together with its subsidiaries, engages in the exploration, development, and production of oil and gas primarily in the US, have a Relative Strength Index (RSI) of 63.37.

On September 18th, 2017, research firm Citigroup initiated a 'Neutral' rating on the Company's stock, with a target price of $16 per share.

On October 06th, 2017, Carrizo Oil & Gas announced that on October 05th, 2017, the Company entered into an agreement to sell its assets in the Marcellus Shale to a subsidiary of Kalnin Ventures LLC for $84 million in cash, subject to customary closing terms and conditions. Additionally, the Company could receive contingent payments of up to $7.5 million in aggregate based on natural gas prices exceeding certain thresholds over the next three years. CRZO complete research report is just a click away at:

Diamondback Energy 

Midland, Texas headquartered Diamondback Energy Inc.'s stock finished 0.66% lower at $99.09 with a total trading volume of 701,394 shares. The Company's shares have gained 8.15% in the last one month and 12.56% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 6.39% and 1.47%, respectively. Moreover, shares of Diamondback Energy, which focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas, have an RSI of 61.02.

On October 02nd, 2017, Diamondback Energy announced that production for Q3 2017 was 85.0 Mboe/d (61.7 Mbo/d; 73% oil), an increase of over 10% from Q2 2017 average daily production of 77.0 Mboe/d. Q3 production volumes were not affected by Hurricane Harvey.

On October 03rd, 2017, research firm Williams Capital Group reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $105 a share to $110 a share. The complimentary report on FANG can be downloaded at:

Gulfport Energy 

Shares in Oklahoma City, Oklahoma headquartered Gulfport Energy Corp. closed the day 4.10% lower at $14.38. The stock recorded a trading volume of 2.10 million shares. The Company's shares have gained 12.61% in the last month and 0.35% over the previous three months. The stock is trading above its 50-day moving average by 11.94%. Moreover, shares of Gulfport Energy, which engages in the acquisition, exploration, exploitation, and production of natural gas, natural gas liquids, and crude oil in the US, have an RSI of 59.81.

On September 19th, 2017, research firm Imperial Capital initiated an 'Outperform' rating on the Company's stock, with a target price of $19 per share.

On October 05th, 2017, Gulfport Energy announced that it has priced at par an offering of $450 million aggregate principal amount of its 6.375% Senior Notes due 2026. The Notes offering is expected to close on October 11th, 2017, subject to customary closing conditions. Net proceeds to the Company from the sale of the Notes will be approximately $445.3 million. Sign up for your complimentary report on GPOR at:


Birmingham, Alabama headquartered Energen Corp.'s shares recorded a trading volume of 954,663 shares last Friday. The stock closed 1.96% lower at $52.54. The Company's shares have advanced 2.82% in the past month and 9.05% in the previous three months. The stock is trading 1.85% above its 50-day moving average. Additionally, shares of Energen, which through its subsidiary, Energen Resources Corporation, engages in the exploration, development, and production of oil, natural gas liquids, and natural gas, have an RSI of 47.83. Download the research report for free on EGN at:


Daily Stock Tracker: 

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  


DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.




Please note that this feature is only available as an add-on to YCharts subscriptions.

Please note that this feature requires full activation of your account and is not permitted during the free trial period.

Start My Free Trial {{}} No credit card required.

Already a subscriber? Sign in.