Wall Street Fundamentals Releases New In-Depth Stock Reports on KWK, PQ, QEP and SWN
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.
Quicksilver Resources Inc. (NYSE: KWK) shares traded in the range of $2.69 to $2.90 Friday before settling to close at $2.71, a decrease of 3.21 percent. The stock appears to have some support at the $2.63, $2.60 and $2.50 levels. Shares of Quicksilver Resources have gained approximately 58.0 percent in 2013.
More information on Quicksilver Resources and access to the free equity report can be found at:
Petroquest Energy Inc. (NYSE: PQ) shares traded in the range of $4.05 to $4.15 Friday before settling to close at $4.15, an increase of 0.24 percent. The stock appears to be facing some resistance at the $4.29 and $4.39 levels with some support at $4.14. Shares of Petroquest Energy have gained approximately 110.0 percent in 2013.
More information on Petroquest Energy and access to the free equity report can be found at:
QEP Resources Inc. (NYSE: QEP) shares traded in the range of $33.00 to $33.45 Friday before settling to close at $33.41, an increase of 0.54 percent. The stock appears to be facing some resistance at the $33.45 and $34.36 levels with some support at the $32.80 levels. Shares of QEP Resources have gained approximately 10.0 percent in 2013.
More information on QEP Resources and access to the free equity report can be found at:
Southwestern Energy Company (NYSE: SWN) shares traded in the range of $38.61 to $39.15 Friday before settling to close at $39.14, an increase of 1.16 percent. The stock appears to be facing some resistance at the $39.23 and $39.91 levels with some support at $38.67. Shares of Southwestern Energy have gained approximately 17.0 percent in 2013.
More information on Southwestern Energy 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
(November 25, 2013 - 9:01 AM EST)
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