July 6, 2016 - 9:15 AM EDT
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Coverage Initiated on Select Independent Oil & Gas

LONDON, UK / ACCESSWIRE / July 6, 2016 / Active Wall St. announces its industry coverage on the following stocks within the Oil and Gas space: Chesapeake Energy Corporation (NYSE: CHK), Energy Transfer Equity, L.P. (NYSE: ETE), Marathon Petroleum Corp. (NYSE: MPC), and Suncor Energy Inc. (NYSE: SU). Register with us now for your free membership and get more on our industry coverage at:

http://www.activewallst.com/register/

Oil prices tumbled nearly 5% on Tuesday, July 05, 2016, as investors worried about an uptick in U.S. drilling activity and that Britain's exit from the European Union would slow the global economy, making it unlikely that energy demand will grow enough to be able to absorb the supply glut. Brent futures settled down $2.14, or 4.3%, at $47.96 a barrel, while U.S. crude declined $2.39, or 4.9%, to end at $46.60.

Oil prices were pressured by data from last Friday that showed the number of U.S. rigs drilling for oil increased in the past week, as well as the strengthening U.S dollar, which makes dollar-traded oil more expensive for foreign buyers. Active Wall St. takes a look at how the decline in oil is impacting some of the big names in the Oil & Gas industry.

Today, AWS is promoting its coverage on CHK, ETE, MPC, and SU. Get all of our free coverage by signing up to http://www.activewallst.com/register/.

Chesapeake Energy Corporation

Oklahoma headquartered Chesapeake Energy Corp. recorded a trading volume of 31.77 million shares, which was below their three months average volume of 41.53 million shares. The stock ended the day at $4.34, down by 6.32%. The Company's shares have gained 14.36% in the last three months. The stock is trading below its 200-day moving average by 14.27%. Furthermore, shares of Chesapeake Energy Corporation, which engages in the acquisition and development of natural gas and oil, have a Relative Strength Index (RSI) of 44.54. Sign up for more on CHK at:

http://www.activewallst.com/registration-3/?symbol=CHK

Energy Transfer Equity, L.P.

On Tuesday, shares in Dallas, Texas headquartered Energy Transfer Equity, L.P.'s stock finished the trading session up by 2.25% at $14.11. A total volume of 10.27 million shares was traded, which was lower than their three months average volume of 17.03 million shares. The Company's shares have advanced 3.90% in the last one month and 9.14% on an YTD basis. The stock is trading below its 200-day moving average by 9.97%. Company shares traded at 12.20 times its trailing twelve month P/E ratio. Furthermore, shares of Energy Transfer Equity have an RSI of 54.84. Sign up for more on ETE at:

http://www.activewallst.com/registration-3/?symbol=ETE

Marathon Petroleum Corp.

At the closing bell on Tuesday, shares in Houston City, Texas headquartered Marathon Petroleum Corp. were down 1.25%, ending the day at $38.78. The stock recorded a trading volume of 7.32 million shares. The Company's shares have advanced 9.36% in the last one month and 7.86% in the previous three months. The stock is trading 7.01% above its 50-day moving average and 7.57% below its 200-day moving average. The Company's shares traded at 10.63 times its trailing twelve month P/E ratio and have an RSI of 61.04. Register with us for more on MPC at:

http://www.activewallst.com/registration-3/?symbol=MPC

Suncor Energy Inc.

Calgary, Canada headquartered Suncor Energy Inc.'s stock ended the trading session at $28.22 with no change in price as compared to last Friday's session close. A total volume of 5.07 million shares was traded, which was above their three months average volume of 4.64 million shares. The Company's shares have gained 6.74% over the previous three months and 11.22% on an YTD basis. The stock is trading 8.26% above its 200-day moving average. Additionally, shares of Suncor Energy Inc., which focuses on developing petroleum resources, natural gas in Canada and globally, have an Relative Strength Index (RSI) 60.35.

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SOURCE: Active Wall Street


Source: ACCESSWIRE Investor Awareness (July 6, 2016 - 9:15 AM EDT)

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