Technical Roundup on Independent Oil & Gas Stocks -- Canadian Natural Resources, Ultra Petroleum, Extraction Oil & Gas, and Bellatrix Exploration

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

Pre-market today, Stock-Callers.com scans the recent performances of Canadian Natural Resources Ltd (NYSE: CNQ), Ultra Petroleum Corp. (NASDAQ: UPL), Extraction Oil & Gas LLC (NASDAQ: XOG), and Bellatrix Exploration Ltd (NYSE: BXE). Also known as Non-Integrated Oil and Gas, Independent Oil and Gas companies are exclusively engaged in the exploration and production segment of the industry, with no downstream marketing or refining within their operations. Sign up today and download for free the research reports for the stocks covered today at: http://stock-callers.com/registration

Canadian Natural Resources  

Calgary, Canada headquartered Canadian Natural Resources Ltd's stock finished Monday's session 1.98% higher at $31.42 with a total trading volume of 1.99 million shares. The Company's shares have advanced 5.60% in the previous three months. The stock is trading 0.27% above its 200-day moving average. Additionally, shares of Canadian Natural Resources, which acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids, have a Relative Strength Index (RSI) of 45.68.

On May 04^th, 2017, Canadian Natural Resources announced that the Company's Board of Directors has declared a quarterly cash dividend on its common shares of C$0.275 per common share. The dividend will be payable on July 01^st, 2017 to shareholders of record at the close of business on June 16^th, 2017. CNQ complete research report is just a click away at: http://stock-callers.com/registration/?symbol=CNQ

Ultra Petroleum  

On Monday, shares in Houston, Texas headquartered Ultra Petroleum Corp. recorded a trading volume of 1.11 million shares. The stock ended the session 1.83% lower at $11.78. The Company's shares have advanced 4.25% on an YTD basis. Moreover, shares of Ultra Petroleum, which engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties, are trading 4.18% above its 50-day moving average.

On May 03^rd, 2017, Ultra Petroleum announced financial and operating results for Q1 2017. Total revenues increased 39% to $221.0 million; cash operating margins improved 156% to $2.33 per Mcfe; adjusted net income was $119.3 million, or $1.49 per diluted share; and net loss was $89.7 million, or $1.12 per diluted share, for the quarter ended March 31^st, 2017. The complimentary report on UPL can be downloaded at: http://stock-callers.com/registration/?symbol=UPL

Extraction Oil & Gas  

Denver-based Extraction Oil & Gas LLC's shares closed the day 0.12% lower at $16.45. The stock recorded a trading volume of 1.04 million shares. The Company's shares are trading 3.06% below their 50-day moving average. Additionally, shares of Extraction Oil & Gas, which focuses on the exploration and production of oil and gas reserves in the Rocky Mountains, have an RSI of 50.55.

On May 03^rd, 2017, research firm Wells Fargo downgraded the Company's stock rating from 'Outperform' to 'Market Perform'.

On May 09^th, 2017, the Company reported financial and operational results for Q1 2017. Average net sales volumes were 33,383 barrels of oil equivalent per day, including 13,454 barrels per day of oil; net income was $8.7 million, or $0.03 per basic and diluted share; oil, natural gas, and NGL sales revenue was $89.6 million; and adjusted EBITDAX was $51.5 million for the three months ended March 31^st, 2017. Sign up for your complimentary report on XOG at: http://stock-callers.com/registration/?symbol=XOG

Bellatrix Exploration  

Shares in Calgary, Canada-based Bellatrix Exploration Ltd finished 2.60% higher at $0.76. The stock recorded a trading volume of 448,150 shares, which was higher than its three months average volume of 408,880 shares. The Company's shares are trading below their 50-day moving averages by 0.99%. Furthermore, shares of Bellatrix Exploration, which engages in the acquisition, exploration, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan in Canada, have an RSI of 52.51.

On May 10^th, 2017, Bellatrix Exploration announced its financial and operating results for Q1 ended March 31^st, 2017. Cash flow from operating activities decreased by 19% to CDN$8.3 million for the quarter; net profit was CDN$13.0 million, or CDN$0.05 per basic share and diluted share; total revenue increased by 20% to CDN$66.0 million; and production expenses totaled CDN$29.3 million. Download the research report for free on BXE at: http://stock-callers.com/registration/?symbol=BXE

--

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® 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® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA