Are EP Energy Corp(NYSE:EPE), Denbury Resources Inc.(NYSE:DNR), and Eclipse Resources Corp(NYSE:ECR) Good Options For Day Traders?

Posted by Saimoon October 23, 2014 0 Comment 996 views


New York, NY – GDP INSIDER  –  10/23/2014.

This article discusses three oil and gas companies: EP Energy Corp(NYSE:EPE), Denbury Resources Inc.(NYSE:DNR), and Eclipse Resources Corp(NYSE:ECR)

EP Energy Corp(NYSE:EPE) is a Texas-based independent oil and gas company that acquires and develops unconventional onshore and national gas properties in Texas, Utah, and Louisiana. The company had proved reserves of 547.5 million barrels of oil equivalent on Dec. 31st, 2013. The company has traded within a range of $12.50 to $23.23 over the past 52 weeks and finished yesterday’s trading at a closing price of $14.04, placing the stock just $1.14 above its low for that period.

Is EP Energy A Strong Investment? Receive A Free EPE Analysis.

Denbury Resources Inc.(NYSE:DNR) had a bid price of $11.59 x 400 and an offer price of $13.00 x 200 on Oct. 22nd, 2014, figures which suggest that company’s trading value may soon fluctuate. The Texas-based company will be releasing its third quarter financial results on Nov. 5th, 2014. Additionally, Denbury Resources will also be hosting a conference call at 11PM EST on that same day to discuss the results and the company’s outlook. Denbury Resources has a market capitalization of over $4.25 billion and 352.29 million tradeable shares.

Could Denbury Resources Be Worth Trading On Nov. 5th? Take A Look At Our Free DNR Analysis.

Another company with a pronounced bid and offer price difference on Oct. 22nd was Eclipse Resources Corp(NYSE:ECR), which had respective figures of $10.66 x 100 and $15.31 x 100. As with Denbury Resources, these numbers do suggest a potential fluctuation in Eclipse Resources’ trading price, which has been situated within a range of $12.22 to $27.18 over the past 52 weeks. The company is expected to release its next earnings report before Nov. 10th and Nov. 14th and has a market capitalization of around $2 billion.

What Should You Make Of Eclipse’s Trading History? View Our Free ECR Analysis.

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