November 14, 2016 - 8:18 AM EST
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Research Reports Initiated on Energy Stocks MEG Energy, ARC Resources, Chinook Energy, and Penn West Petroleum

LONDON, UK / ACCESSWIRE / November 14, 2016 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Oil & Gas - E&P industry. Companies recently under review include MEG Energy, ARC Resources, Chinook Energy, and Penn West Petroleum. Get all of our free research reports by signing up at: http://www.activewallst.com/register/.

At the close of the Canadian markets on Friday, November 11, 2016, the Toronto Exchange Composite index ended the trading session at 14,555.41, 1.28% lower from its previous closing price.

The Energy Index was also in the red, closing the day at 200.84, down 1.29%.

Active Wall St. has initiated research reports on the following equities: MEG Energy Corporation (TSX: MEG), ARC Resources Ltd. (TSX: ARX), Chinook Energy Inc. (TSX: CKE), and Penn West Petroleum DCM Ltd. (TSX: PWT). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/.

MEG Energy Corp.

Calgary, Canada headquartered MEG Energy Corp.'s stock advanced 4.67%, to finish Friday's session at $5.60 with a total volume of 1.87 million shares traded. Over the last one month and the previous three months, MEG Energy Corp.'s shares have fallen by 2.78% and 1.93%, respectively. Shares of the Company, which develops and produces in situ oil sands in Alberta, Canada, are trading below its 50-day and 200-day moving averages. MEG Energy's 200-day moving average of $5.99 is above its 50-day moving average of $5.71. See our research report on MEG.TO at: http://www.activewallst.com/registration-3/?symbol=MEG.

ARC Resources Ltd.

Calgary, Canada headquartered ARC Resources Ltd.'s stock declined 2.64%, to close the day at $22.11. The stock recorded a trading volume of 1.02 million shares, which was above its three months average volume of 706,869 shares. ARC Resources' shares have gained 22.43% in the previous one year. Shares of the company, which together with its subsidiaries, acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in Western Canada, are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $23.41 is greater than its 200-day moving average of $22.36. The complimentary research report on ARX.TO at: http://www.activewallst.com/registration-3/?symbol=ARX.

Chinook Energy Inc.

On Friday, shares in Calgary, Canada headquartered Chinook Energy Inc. ended the session 3.77% lower at $0.51 with a total volume of 215,869 shares traded. Chinook Energy's shares have advanced 2.00% in the previous three months. Shares of the company, which develops and explores various properties in Canada, are trading below its 50-day moving average. Furthermore, the stock's 50-day moving average of $0.53 is greater than its 200-day moving average of $0.51. Register for free and access the latest research report on CKE.TO at: http://www.activewallst.com/registration-3/?symbol=CKE.

Penn West Petroleum Ltd.

On Friday, shares in Calgary, Canada headquartered Penn West Petroleum DCM Ltd. recorded a trading volume of 932,423 shares. The stock ended the day flat at $2.08. Penn West Petroleum DCM's stock has gained 7.77% in the last three months and 37.75% in the previous one year. Shares of the Company, which explores for, develops, and produces oil and natural gas properties in western Canada, are trading above its 200-day moving average. The stock's 50-day moving average of $2.29 is above its 200-day moving average of $1.83. Get free access to your research report on PWT.TO at: http://www.activewallst.com/registration-3/?symbol=PWT.

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Source: ACCESSWIRE Investor Awareness (November 14, 2016 - 8:18 AM EST)

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