LONDON, October 17, 2014 /PRNewswire/ --

Investor-Edge has initiated coverage on the following equities: Abraxas Petroleum Corporation (NASDAQ: AXAS), EOG Resources Inc. (NYSE: EOG), Goodrich Petroleum Corporation (NYSE: GDP), Cobalt International Energy Inc. (NYSE: CIE), and Penn Virginia Corporation (NYSE: PVA). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Thursday, October 16, 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 16,117.24, down 0.15% and the NASDAQ Composite closed at 4,217.39, up 0.05%. The S&P 500 finished the session 0.01% higher at 1,862.76. During the trading session, five out of ten sectors finished on a higher note. The S&P 500 Energy Sector Index ended the day at 601.39, up 1.69%, whereas the index has declined 17.80% in the previous three months. Register for your complimentary reports on these five stocks at:

http://investor-edge.com/register

Abraxas Petroleum Corp.'s stock rallied 10.77%, to close the day at $4.01. The stock recorded a trading volume of 5.40 million shares, much above its three months average volume of 2.73 million shares. The company's shares oscillated between $3.47 and $4.15 during the session. Over the last one month, Abraxas Petroleum Corp.'s shares have lost 30.26%. However, the stock has gained 17.25% over the previous three trading sessions and 22.97% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. Abraxas Petroleum Corp.'s 50-day moving average of $5.23 is above its 200-day moving average of $4.67. Additionally, the stock traded at a PE ratio of 22.08 and has a Relative Strength Index (RSI) of 28.58. Sign up and read the free notes on AXAS at:

http://www.Investor-Edge.com/AXAS-17Oct2014

On Thursday, shares in EOG Resources Inc. recorded a trading volume of 10.10 million shares, higher than its three months average volume of 4.08 million shares. The stock ended the day at $91.27, which was 3.52% above its previous day's closing of $88.17, and registered an intraday range of $85.19 and $92.52. Shares of the company traded at a PE ratio of 18.44. Although EOG Resources Inc.'s stock has gained 8.97% in the previous three trading sessions, it has lost 13.26% in the last one month and 22.06% in the past three months. The stock is trading below its 50-day and 200-day moving averages of $102.09 and $100.53, respectively. Furthermore, shares of EOG Resources Inc. have an RSI of 32.12. The complimentary notes on EOG can be downloaded as in PDF format at:

http://www.Investor-Edge.com/EOG-17Oct2014

Goodrich Petroleum Corp.'s stock rallied 16.35% to end Thursday's session at $11.03. The stock recorded a trading volume of 2.92 million shares, above its three months average volume of 1.91 million shares. The company's shares fluctuated between $9.02 and $11.06 during the session. Goodrich Petroleum Corp.'s shares have lost 35.19% since the beginning of 2014 and 40.67% in the last one month. However, the stock has rallied 44.18% over the previous three trading sessions. The company's shares are trading below their 50-day and 200-day moving averages. Goodrich Petroleum Corp.'s 200-day moving average of $19.70 is above its 50-day moving average of $16.90. Additionally, the stock has an RSI of 29.89. Register for free on Investor-Edge and access the latest research on GDP at:

http://www.Investor-Edge.com/GDP-17Oct2014

On Thursday, shares in Cobalt International Energy Inc. fluctuated between $9.84 and $10.88 before ending the session 4.74% higher at $10.61. The stock reported a trading volume of 7.81 million shares, higher than its three months average volume of 3.77 million shares. Cobalt International Energy Inc.'s shares have advanced 5.26% in the previous three trading sessions, while the stock has lost 28.26% in the last one month and 35.50% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $14.07 and $16.69, respectively. Moreover, shares of Cobalt International Energy Inc. have an RSI of 17.67. The complete research on CIE is available for free at:

http://www.Investor-Edge.com/CIE-17Oct2014

Penn Virginia Corp.'s stock finished Thursday's session 11.70% higher at $8.50. A total of 6.06 million shares were traded, which was much above its three months average volume of 2.87 million shares. The stock vacillated between $7.07 and $8.54 during the session. Over the last one month and over the past three months, Penn Virginia Corp.'s shares have lost 37.68% and 44.04%, respectively. However, over the previous three trading sessions, the stock has gained 8.14%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $14.17 is greater than its 50-day moving average of $12.70. Penn Virginia Corp.'s stock has an RSI of 20.84. Free in depth research on PVA is available at:

http://www.Investor-Edge.com/PVA-17Oct2014

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