May 14, 2018 - 8:00 AM EDT
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Today’s Research Reports on Cenovus Energy, Gran Tierra Energy, Paramount Resources and Parex Resources

NEW YORK, NY / ACCESSWIRE / May 14, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us free at http://rdinvesting.com and get exclusive access to our numerous research reports and market updates.

RDI has Initiated Coverage Today on:

Cenovus Energy Inc.
https://rdinvesting.com/news/?ticker=CVE.TO

Gran Tierra Energy Inc.
https://rdinvesting.com/news/?ticker=GTE.TO

Paramount Resources Ltd.
https://rdinvesting.com/news/?ticker=POU.TO

Parex Resources Inc.
https://rdinvesting.com/news/?ticker=PXT.TO

Cenovus Energy's stock edged 0.57% lower Friday, to close the day at $13.99. The stock recorded a trading volume of 3,724,429 shares, which was below its three months average volume of 5,476,632 shares. In the last year, Cenovus Energy's shares have traded in a range of 8.89 - 14.65. The share price has gained 57.37% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $12.43 is greater than its 200-day moving average of $11.91. Shares of Cenovus Energy are trading at a Price to Earnings ratio of 6.72. Shares of Cenovus Energy have gained approximately 21.86 percent year-to-date.

Access RDI's Cenovus Energy Inc. Research Report at:
https://rdinvesting.com/news/?ticker=CVE.TO

On Friday, shares of Gran Tierra Energy recorded a trading volume of 626,754 shares, which was below the three months average volume of 782,372 shares. The stock ended the day 0.95% higher at 4.27. The share price has gained 77.18% from its 52 week low with a 52 week trading range of 2.41 - 4.39. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $3.92 is greater than its 200-day moving average of $3.36. Shares of Gran Tierra Energy have gained approximately 25.22 percent year-to-date.

Access RDI's Gran Tierra Energy Inc. Research Report at:
https://rdinvesting.com/news/?ticker=GTE.TO

Paramount Resources' stock moved 2.48% higher Friday, to close the day at $14.48. The stock recorded a trading volume of 1,033,722 shares, which was above its three months average volume of 439,114 shares. In the last year, Paramount Resources' shares have traded in a range of 13.80 - 25.57. The stock is currently trading 43.37% below its 52 week high. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $16.24 is below its 200-day moving average of $18.37. Shares of the company are trading at a Price to Earnings ratio of 9.16. Shares of Paramount Resources have fallen approximately 25.44 percent year-to-date.

Access RDI's Paramount Resources Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=POU.TO

On Friday, shares of Parex Resources recorded a trading volume of 426,323 shares, which was below the three months average volume of 561,759 shares. The stock ended the day 0.13% lower at 23.24. The share price has gained 90.65% from its 52 week low with a 52 week trading range of 12.19 - 23.92. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $20.50 is greater than its 200-day moving average of $18.45. Shares of Parex Resources are trading at a Price to Earnings ratio of 19.68. Shares of Parex Resources have gained approximately 27.97 percent year-to-date.

Access RDI’s Parex Resources Inc. Research Report at:
https://rdinvesting.com/news/?ticker=PXT.TO

Our Actionable Research on Cenovus Energy Inc. (TSX :CVE.TO), Gran Tierra Energy Inc. (TSX :GTE.TO), Paramount Resources Ltd. (TSX :POU.TO) and Parex Resources Inc. (TSX :PXT.TO) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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Source: ACCESSWIRE Investor Awareness (May 14, 2018 - 8:00 AM EDT)

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