Wall Street Fundamentals Releases New In-Depth Stock Reports on CHK, DVN, LNG and SD
Natural gas stocks rose last week as a combination of a larger than forecasted drop in inventories and forecasts for below-normal temperatures across much of the lower 48 states provided a boost for natural gas prices. The United States Natural Gas Fund, LP (NYSEARCA: UNG) posted a gain of 3.21 percent last week. For the week ended November 15th, government data showed inventories declined 45 billion cubic feet to 3.789 trillion, according to Bloomberg analysts had predicted a drop of 38 billion cubic feet.
Chesapeake Energy Corporation (NYSE: CHK) shares traded in the range of $25.91 to $26.61 Friday before settling to close at $26.30, a decrease of 0.11 percent. The stock appears to be facing some resistance at the $27.30 and $28.51 levels with some support at $26.24. Shares of Chesapeake Energy have gained approximately 58.0 percent in 2013.
More information on Chesapeake Energy and access to the free equity report can be found at:
Devon Energy Corp. (NYSE: DVN) shares traded in the range of $62.27 to $63.10 Friday before settling to close at $62.57, a decrease of 0.05 percent. The stock appears to be facing some resistance at the $62.89 and $65.12 levels with some support at $61.95. Shares of Devon Energy have gained approximately 20.0 percent in 2013.
More information on Devon Energy and access to the free equity report can be found at:
Cheniere Energy, Inc. (NYSEMKT: LNG) shares traded in the range of $39.01 to $40.10 Friday before settling to close at $39.98, an increase of 1.76 percent. The stock appears to be facing some resistance at $43.09 with some support at the $39.69 and $36.86 levels. Shares of Cheniere Energy have gained approximately 110.0 percent in 2013.
More information on Cheniere Energy and access to the free equity report can be found at:
SandRidge Energy Inc. (NYSE: SD) shares traded in the range of $5.65 to $5.90 Friday before settling to close at $5.88, an increase of 1.91 percent. The stock appears to be facing some resistance at the $5.89 and $6.01 levels with some support at the $5.79 levels. Shares of SandRidge Energy have fallen approximately 7.0 percent in 2013.
More information on SandRidge Energy and access to the free equity report can be found at:
Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.
Activate your always free membership by signing up at www.WallStreetFundamentals.com today.
Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.
Wall Street Fundamentals
Source: Accesswire IA
(November 25, 2013 - 8:50 AM EST)
News by QuoteMedia