Wall Street Fundamentals Releases New In-Depth Stock Reports on HK, MHR, OAS and TPLM
U.S. oil prices surged to 28-month highs as tensions continue to mount in Syria. On the New York Mercantile Exchange, light, sweet crude oil for October delivery closed at $110.53 a barrel, the highest since May 3, 2011. Comments made by Russian President Vladimir Putin pledging to continue to supply weapons and humanitarian aid to Syria raised heightened concerns of a potential supply disruption. "As long as a U.S. Syrian attack remains in an anticipatory phase, the crude benchmarks will remain highly sensitized to even modest tidbits of bullish news," said Jim Ritterbusch, president of Ritterbusch & Associates.
Halcon Resources Corp. (NYSE: HK) shares traded in the range of $4.83 to $5.05 Friday before settling to close at $4.99, an increase of 2.04 percent. The stock appears to be facing some resistance at the $5.12 and $5.36 levels with some support at $4.88. Shares of Halcon Resources have fallen approximately 28.0 percent in 2013.
More information on Halcon Resources and access to the free equity report can be found at:
Magnum Hunter Resources Corp. (NYSE: MHR) shares traded in the range of $5.30 to $5.65 Friday before settling to close at $5.59 an increase of 5.87 percent. The stock appears to have some support at the $5.19, $4.87 and $4.45 levels. Shares of Magnum Hunter Resources have gained approximately 40.0 percent in 2013.
More information on Magnum Hunter Resources and access to the free equity report can be found at:
Oasis Petroleum Inc. (NYSE: OAS) shares traded in the range of $41.98 to $44.00 Friday before settling to close at $43.42, an increase of 3.68 percent. The stock appears to be facing some resistance at $43.59 with some support at the $42.75 and $42.12 levels. Shares of Oasis Petroleum have gained approximately 36.5 percent in 2013.
More information on Oasis Petroleum and access to the free equity report can be found at:
Triangle Petroleum Corporation (NYSEMKT: TPLM) shares traded in the range of $7.26 to $7.69 Friday before settling to close at $7.49, an increase of 2.04 percent. The stock appears to be facing some resistance at the $7.72 and $7.79 levels with some support at $7.40. Shares of Triangle Petroleum have gained approximately 25.0 percent in 2013.
More information on Triangle Petroleum and access to the free equity report can be found at:
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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.
Wall Street Fundamentals
Source: Accesswire IA
(September 9, 2013 - 8:51 AM EDT)
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