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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/ --

Editor Note: For more information about this release, please scroll to bottom.

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 http://get.Investor-Edge.com/pdf/?c=Devon%20Energy&d=03-Mar-2015&s=DVN. 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:

http://get.Investor-Edge.com/pdf/?c=Devon%20Energy&d=03-Mar-2015&s=DVN

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:

http://get.Investor-Edge.com/pdf/?c=Continental%20Resources&d=03-Mar-2015&s=CLR

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:

http://get.Investor-Edge.com/pdf/?c=Newfield%20Exploration&d=03-Mar-2015&s=NFX

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:

http://get.Investor-Edge.com/pdf/?c=Comstock%20Resources&d=03-Mar-2015&s=CRK

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:

http://get.Investor-Edge.com/pdf/?c=Enbridge%20Energy%20Partners&d=03-Mar-2015&s=EEP

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EDITOR'S NOTES:

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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

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