NEW YORK, NY / ACCESSWIRE / April 20, 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 moved 2.01% lower Thursday, to close the day at $12.70. The stock recorded a trading volume of 7,368,838 shares, which was above its three months average volume of 4,891,712 shares. In the last year, Cenovus Energy's shares have traded in a range of 8.89 - 14.65. The share price has gained 42.86% 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 $11.09 is below its 200-day moving average of $11.80. Shares of the company are trading at a Price to Earnings ratio of 4.16. Shares of Cenovus Energy have gained approximately 10.63 percent year-to-date.

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

On Thursday, shares of Gran Tierra Energy recorded a trading volume of 2,102,704 shares, which was above the three months average volume of 693,995 shares. The stock ended the day 0.25% lower at 4.00. The share price has gained 65.98% from its 52 week low with a 52 week trading range of 2.41 - 4.05. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $3.49 is greater than its 200-day moving average of $3.18. Shares of Gran Tierra Energy have gained approximately 17.30 percent year-to-date.

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

Paramount's stock moved 4.03% higher Thursday, to close the day at $17.31. The stock recorded a trading volume of 836,642 shares, which was above its three months average volume of 382,070 shares. In the last year, Paramount's shares have traded in a range of 13.93 - 25.57. The share price has gained 24.26% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $15.95 is below its 200-day moving average of $19.01. Shares of the company are trading at a Price to Earnings ratio of 10.96. Shares of Paramount have fallen approximately 10.87 percent year-to-date.

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

On Thursday, shares of Parex recorded a trading volume of 553,542 shares, which was below the three months average volume of 565,975 shares. The stock ended the day 1.11% higher at 20.90. The share price has gained 71.45% from its 52 week low with a 52 week trading range of 12.19 - 21.09. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $18.50 is greater than its 200-day moving average of $17.66. Shares of the company are trading at a Price to Earnings ratio of 21.11. Shares of Parex have gained approximately 15.09 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: RDInvesting.com