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Oil and Gas Exploration and Production Equities Technical Study -- Devon Energy, Continental Resources, Newfield Exploration, Comstock Resources, and Enbridge Energy Partners

LONDON, March 3, 2015 /PRNewswire/ --

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Investor-Edge has initiated coverage on the following equities: Devon Energy Corporation (NYSE: DVN), Continental Resources Inc. (NYSE: CLR), Newfield Exploration Company (NYSE: NFX), Comstock Resources Inc. (NYSE: CRK), and Enbridge Energy Partners L.P. (NYSE: EEP). Free research report on Devon Energy can be accessed On Monday, March 02, 2015, the NASDAQ Composite ended at 5,008.10, up 0.90%, the Dow Jones Industrial Average advanced 0.86%, to finish the day at 18,288.63, and the S&P 500 closed at 2,117.39, up 0.61%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Energy Sector Index ended the day at 573.51, down 0.69%, with the index also declining 0.20% in the last one month. Register for your complimentary reports at the links given below.  

Devon Energy Corp.'s stock finished Monday's session 1.19% lower at $60.86. A total of 4.53 million shares were traded, which was close to its three months average volume of 4.51 million shares. The stock moved between $60.23 and $61.55 during the session. Over the last one month and the previous year, Devon Energy Corp.'s shares have declined 3.15% and 5.53%, respectively. However, the stock has gained 1.62% in the past three months. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $67.73 is greater than its 50-day moving average of $61.57. Devon Energy Corp.'s stock traded at a PE ratio of 12.87 and has a Relative Strength Index (RSI) of 44.05. Sign up and read the free notes on DVN at:

On Monday, shares in Continental Resources Inc. fluctuated between $42.20 and $44.48 before ending the session 4.02% lower at $42.70. The stock reported a trading volume of 4.90 million shares, below its three months average volume of 5.66 million shares. Shares of the company traded at a PE ratio of 15.39. Although, Continental Resources Inc.'s shares have advanced 8.49% in the previous three months, it has lost 8.41% in the last one month and 28.55% in the past one year respectively. The stock is trading above its 50-day moving average of $41.63. Moreover, shares of Continental Resources Inc. have an RSI of 48.29. The complimentary notes on CLR can be downloaded as in PDF format at:

Newfield Exploration Co.'s stock lost 1.82%, to close the day at $32.43. The stock recorded a trading volume of 5.18 million shares, above its three months average volume of 4.48 million shares. The stock oscillated between $31.60 and $33.08 during the session. Over the last one month and over the past three months, Newfield Exploration Co.'s shares have gained 4.85% and 22.38%, respectively. Further, the stock has advanced 15.04% in the last one year. The stock is trading above its 50-day moving average of $28.49, while the 50-day moving average is below Newfield Exploration Co.'s 200-day moving average of $34.80. Additionally, the stock traded at a PE ratio of 17.95 and has an RSI of 58.00. Register for free on Investor-Edge and access the latest research on NFX at:

On Monday, shares in Comstock Resources Inc. recorded a trading volume of 2.12 million shares, lower than its three months average volume of 3.30 million shares. The stock ended the day at $5.14, which was 1.15% below its previous day's closing of $5.20, and registered an intraday range of $4.93 and $5.29. Although Comstock Resources Inc.'s shares have gained 1.58% in the last one month, it has declined 12.73% in the previous three trading sessions and 73.99% in the past one year. The stock is trading below its 50-day and 200-day moving averages of $5.69 and $16.43, respectively. Furthermore, shares of Comstock Resources Inc. have an RSI of 44.25. The complete research on CRK is available for free at:

Enbridge Energy Partners L.P.'s stock lost 1.96%, to close Monday's session at $38.42, after oscillating between $38.38 and $39.38. The stock recorded a trading volume of 0.54 million shares, below its three months average volume of 1.15 million shares. Enbridge Energy Partners L.P.'s shares have advanced 1.94% in the last three months and 39.61% in the past one year. However, the stock has lost 1.81% in the last three trading sessions. The stock is trading above its 200-day moving average. The stock's 50-day moving average of $39.10 is above its 200-day moving average of $36.47. Further, Enbridge Energy Partners L.P.'s stock traded at a PE ratio of 42.22 and has an RSI of 50.73. Free in depth research on EEP is available at:


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