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Stock Review for Independent Oil & Gas Investors -- Callon Petroleum, Canadian Natural Resources, Cimarex Energy, and Continental Resources

NEW YORK, Feb. 5, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on CPE, CNQ, XEC, and CLR which can be accessed for free by signing up to www.wallstequities.com/registration. CNBC reported that Goldman Sachs raised its 2018 oil price forecasts on February 01st, 2018, projecting Brent, the international benchmark for oil, to average $75 a barrel over the next three months, up from its previous target of $62. The report further noted that Goldman also raised its six- and 12-month forecasts to $82.50 and $75, respectively. Pre-market today, WallStEquities.com revisits the Independent Oil and Gas space to see how select stocks have fared over the previous trading sessions: Callon Petroleum Co. (NYSE: CPE), Canadian Natural Resources Ltd (NYSE: CNQ), Cimarex Energy Co. (NYSE: XEC), and Continental Resources Inc. (NYSE: CLR). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration.

Callon Petroleum

Last Friday at the close, shares in Natchez, Mississippi headquartered Callon Petroleum Co. ended 1.48% lower at $11.33. The stock recorded a trading volume of 11.69 million shares, which was above its three months average volume of 4.62 million shares. The Company's shares are trading above its their 200-day moving average by 1.38%. Furthermore, shares of Callon Petroleum, which acquires, explores for, develops, and produces oil and natural gas properties in the Permian Basin in West Texas, have a Relative Strength Index (RSI) of 37.23.  

On January 18th, 2018, Callon Petroleum announced plans to release its Q4 2017 results after market close on February 27th, 2018. The Company also plans to host a conference call on February 28th, 2018, at 9:00 a.m. ET to discuss its results. The conference call webcast may be accessed by selecting "IR Calendar" under the "Investors" section of the Company's website.

On February 02nd, 2018, research firm Deutsche Bank initiated a 'Buy' rating on the Company's stock, with a target price of $15 per share. Get the full research report on CPE for free by clicking below at: www.wallstequities.com/registration/?symbol=CPE

Canadian Natural Resources

Calgary, Canada headquartered Canadian Natural Resources Ltd's stock finished Friday's session 2.74% lower at $33.69. A total volume of 2.51 million shares was traded, which was above their three months average volume of 2.12 million shares. The Company's shares have advanced 8.78% over the past year. The stock is trading above its 200-day moving average by 3.73%. Additionally, shares of the Company, which acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids, have an RSI of 32.11. Get access to our top-rated research, including the free report on CNQ at: www.wallstequities.com/registration/?symbol=CNQ

Cimarex Energy

Shares in Denver, Colorado headquartered Cimarex Energy Co. ended the session 2.17% lower at $110.95. A total volume of 1.16 million shares was traded, which was above their three months average volume of 914,580 shares. The stock is trading above its 200-day moving average by 0.96%. Moreover, shares of Cimarex Energy, which operates as an independent oil and gas exploration and production company primarily in Oklahoma, Texas, and New Mexico, have an RSI of 30.03.

On February 02nd, 2018, research firm Deutsche Bank initiated a 'Buy' rating on the Company's stock, with a target price of $164 per share. Click here to subscribe for a free membership which welcomes you with our report on XEC at: www.wallstequities.com/registration/?symbol=XEC

Continental Resources

Oklahoma City, Oklahoma-based Continental Resources Inc.'s shares recorded a trading volume of 2.02 million shares. The stock closed 5.07% lower at $53.74. The Company's shares have gained 28.75% in the previous three months and 11.26% over the past year. The stock is trading 3.73% and 32.24% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Continental Resources, which explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the US, have an RSI of 45.28.

On January 25th, 2018, Continental Resources announced plans to report its Q4 and full-year 2017 results on February 21st, 2018, following the close of trading on the NYSE. The Company also plans to host a conference call on February 22nd, 2018, at 12:00 p.m. ET to discuss its results. The conference call may be accessed on the Company's website.

On February 02nd, 2018, research firm Deutsche Bank initiated a 'Buy' rating on the Company's stock, with a target price of $70 per share. To get free access to your research report on CLR, sign up at: www.wallstequities.com/registration/?symbol=CLR

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