NEW YORK, February 16, 2017 /PRNewswire/ --

Independent Oil and Gas is this morning's featured industry on Stock-Callers.com, with focus on Laredo Petroleum Inc. (NYSE: LPI), Suncor Energy Inc. (NYSE: SU), Baytex Energy Corp. (NYSE: BTE), and Murphy Oil Corp. (NYSE: MUR). These companies are exclusively engaged in the exploration and production segment of the industry, with no downstream marketing or refining within their operations. They also receive the majority of their revenue from production at the wellhead. Sign up today and download for free the research reports for the stocks covered today at:

http://stock-callers.com/registration

Laredo Petroleum  

Oklahoma headquartered Laredo Petroleum Inc.'s stock finished Wednesday's session 0.14% higher at $14.33. A total volume of 4.20 million shares was traded, which was above their three months average volume of 3.15 million shares. Over the last month and the previous three months, the Company's shares have advanced 7.18% and 8.07%, respectively. Additionally, the stock has gained 1.34% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 1.40% and 14.08%, respectively. Moreover, shares of Laredo Petroleum, which operates as an independent energy company in the US, have a Relative Strength Index (RSI) of 56.40.

On February 15th, 2017, Laredo Petroleum reported a net loss attributable to common stockholders of $18.4 million, or $0.08 per diluted share for Q4 2016, which includes a loss on derivatives of $43.6 million reflecting matured and new contracts and changes of the market prices in the forward curves of oil, natural gas liquids and natural gas. The Company's adjusted EBITDA for Q4 2016 was $134.9 million. Laredo Petroleum announced that it produced a Company record 53,141 barrels of oil equivalent per day in Q4 2016, resulting in full-year 2016 production growth of approximately 11% on a y-o-y basis.

Yesterday, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $17 a share to $16 a share. LPI complete research report is just a click away at:

http://stock-callers.com/registration/?symbol=LPI

Suncor Energy  

Shares in Calgary, Canada headquartered Suncor Energy Inc. rose 1.37%, ending yesterday's session at $32.45. A total volume of 3.57 million shares was traded, which was above their three months average volume of 3.08 million shares. The stock has gained 10.68% in the previous three months. The Company's shares are trading 0.66% above their 50-day moving average and 12.39% above their 200-day moving average. Moreover, shares of Suncor Energy, which operates as an integrated energy company, have an RSI of 59.29.

On January 24th, 2017, research firm Macquarie downgraded the Company's stock rating from 'Outperform' to 'Neutral'.

On February 09th, 2017, Suncor announced the retirement of James W. Simpson, chair of the Company's Board of Directors. His retirement will take effect at the conclusion of Suncor's annual general meeting on April 27th, 2017, when Michael Wilson, a current member of the board and its governance and human resources and compensation committees, will become chair. The complimentary report on SU can be downloaded at:

http://stock-callers.com/registration/?symbol=SU

Baytex Energy  

On Wednesday, Canada headquartered Baytex Energy Corp.'s stock saw a drop of 1.97%, to close the day at $3.98 with a total trading volume of 1.91 million shares. The Company's shares have advanced 3.92% in the previous three months. The stock is trading 12.01% below its 50-day moving average. Additionally, shares of Baytex Energy, which engages in the acquisition, development, exploitation, and production of oil and natural gas in the Western Canadian Sedimentary Basin and the US, have an RSI of 42.89.

On January 20th, 2017, Baytex Energy reported the closing of its previously announced acquisition of heavy oil assets located in the Peace River area of northern Alberta. Cash consideration for the acquisition of $65 million (net of adjustments) was funded by drawing on Baytex's revolving credit facilities. The Company stated that assets are located immediately adjacent to its existing Peace River lands, add approximately 3,000 boe/d of production and more than double its land base in the area. Sign up for your complimentary report on BTE at:

http://stock-callers.com/registration/?symbol=BTE

Murphy Oil  

Shares in Arkansas headquartered Murphy Oil Corp. ended the day 0.88% lower at $28.19 with a total trading volume of 1.67 million shares. The stock has gained 0.39% in the previous three months. The Company's shares are trading below their 200-day moving average by 3.57%. Furthermore, shares of Murphy Oil, which operates as an oil and gas exploration and production company worldwide, have an RSI of 37.02.

On February 01st, 2017, Murphy Oil's Board of Directors of declared a quarterly cash dividend on the Company's common Stock of $0.25 per share, or $1.00 per share on an annualized basis. The dividend is payable March 01st, 2017, to holders of record February 13th, 2017. Download the research report for free on MUR at:

http://stock-callers.com/registration/?symbol=MUR

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA(R) charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer

        
         
        CONTACT 
        For any questions, inquiries, or comments reach out to us directly. If you're a company
         we are covering and wish to no longer feature on our coverage list contact us via
         email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: 
        Email: info@stock-callers.com 
        Phone number:  +44-330-808-3765 
        Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2
         1BP 

 

CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA