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 August 23, 2013 - 9:01 AM EDT
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Wall Street Fundamentals Releases New In-Depth Stock Reports on EOG, RRC, WPX and XCO

On Thursday, natural gas prices spiked after inventories grew less than forecast. The Energy Information Administration reported supplies increased 57 billion cubic feet for the week ended Aug. 16th. According to data form Bloomberg analysts had expected an increase of 65 billion. "The data has supportive implications for the balance going forward, with below-average injections now possible for the next few weeks given the current temperatures outlook," said Tim Evans, an energy analyst at Citi Futures Perspective.

EOG Resources Inc. (NYSE: EOG) shares traded in the range of $152.45 to $155.36 Thursday before settling to close at $154.40, an increase of 1.69percent. The stock appears to be facing some resistance at the $160.31 and $165.31 levels with some support at $153.64. Shares of EOG Resources have gained approximately 28.0 percent in 2013.

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

Range Resources Corp. (NYSE: RRC) shares traded in the range of $76.05 to $77.46 Thursday before settling to close at $77.28, an increase of 1.75 percent. The stock appears to be facing some resistance at the $77.31 and $78.29 levels with some support at $76.58. Shares of Range Resources have gained approximately 23.0 percent in 2013.

More information on Range Resources and access to the free equity report can be found at:
www.WallStreetFundamentals.com/RRC

WPX Energy Inc. (NYSE: WPX) shares traded in the range of $18.82 to $19.60 Thursday before settling to close at $19.45, an increase of 3.40 percent. The stock appears to be facing some resistance at the $19.55 and $19.70 levels with some support at $19.30. Shares of WPX Energy have gained approximately 30.0 percent in 2013.

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

EXCO Resources Inc. (NYSE: XCO) shares traded in the range of $7.40 to $7.71 Thursday before settling to close at $7.54, an increase of 2.17 percent. The stock appears to be facing some resistance at the $7.72 and $7.95 levels with some support at $7.49. Shares of EXCO Resources have gained approximately 11.0 percent in 2013.

More information on EXCO Resources and access to the free equity report can be found at:
www.WallStreetFundamentals.com/XCO

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.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com


Source: Accesswire IA (August 23, 2013 - 9:01 AM EDT)

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