December 2, 2013 - 9:02 AM EST
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Wall Street Fundamentals Releases New In-Depth Stock Reports on CIE, FST, SFY and SN

Energy stocks fell Wednesday as prices for the commodity dropped to its lowest levels since June. Data from the Energy Information Administration showed that crude supplies increased by 2.95 million barrel to 391.4 million last week, marking the 10 consecutive weekly gain. "Crude supplies are rising because of the production gains, which we don’t expect to abate anytime soon," Chip Hodge, of Manulife Asset Management, told Bloomberg. "There’s plenty of crude in the U.S., which we need to get refined so we can export it as fuel. The WTI-Brent spread is widening on the U.S. supply picture."

Cobalt International Energy, Inc. (NYSE: CIE) shares traded in the range of $22.09 to $22.75 Wednesday before settling to close at $22.36, a decrease of 1.93 percent. The stock appears to be facing some resistance at the $22.63 and $23.42 levels with some support at $21.74. Shares of Cobalt International Energy have fallen approximately 9.0 percent in 2013.

More information on Cobalt International Energy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CIE

Forest Oil Corporation (NYSE: FST) shares traded in the range of $4.32 to $4.49 Wednesday before settling to close at $4.34, a decrease of 2.69 percent. The stock appears to be facing some resistance at the $4.36 and $4.49 levels with some support at $4.08. Shares of Forest Oil have fallen approximately 35.0 percent in 2013.

More information on Forest Oil and access to the free equity report can be found at:
www.WallStreetFundamentals.com/FST

Swift Energy Company (NYSE: SFY) shares traded in the range of $13.02 to $13.59 Wednesday before settling to close at $13.22, a decrease of 2.44 percent. The stock appears to be facing some resistance at the $13.52 and $14.18 levels with some support at $12.96. Shares of Swift Energy have fallen approximately 14.0 percent in 2013.

More information on Swift Energy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SFY

Sanchez Energy Corp. (NYSE: SN) shares traded in the range of $25.39 to $26.38 Wednesday before settling to close at $25.71, a decrease of 3.16 percent. The stock appears to be facing some resistance at the $26.33 and $26.82 levels with some support at $25.68. Shares of Sanchez Energy have gained approximately 42.0 percent in 2013.

More information on Sanchez Energy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SN

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.

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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.

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Wall Street Fundamentals
Website: http://www.wallstreetfundamentals.com/
Email: editor@wallstreetfundamentals.com


Source: ACCESSWIRE Investor Awareness (December 2, 2013 - 9:02 AM EST)

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