Independent Oil & Gas Stocks in Focus – Chesapeake Energy Corporation (NYSE:CHK), EXCO Resources Inc (NYSE:XCO)
Massapequa Park – April 9, 2013 — (Net PR News) -King Penny Stocks is an elite financial community for investors and traders alike who are looking to potentially gain financial freedom through the markets on undervalued companies and “in-play” momentum penny stocks. Today, we bring a special trend analysis of the following stocks: Chesapeake Energy Corporation (NYSE:CHK), EXCO Resources Inc (NYSE:XCO)
PLUS you’ll get KingPennyStock’s Pro Trading Rules Mini E-book absolutely FREE! Claim Your Copy
The Basic Materials Sector of the Independent Oil & Gas Industry stocks are in focus, as its stocks were gaining high volume during previous trade. Chesapeake Energy Corporation (NYSE:CHK) remained with top volume in its industry and EXCO Resources Inc (NYSE:XCO) was in focus of investors and it was showing bullish movement during previous trade.
The Board of Directors of Chesapeake Energy Corporation (NYSE:CHK) has approved a $0.0875 per share quarterly dividend. CHK will pay this dividend on April 30, 2013, to shareholders of record on April 15, 2013.
How Should Investors Trade CHK Now? Don’t Miss out on a Special Trend Analysis
Basic Materials Sector stock, Chesapeake Energy Corporation (NYSE:CHK) closed at $19.75 with the total traded volume of 9,363,200 shares. The stock’s opening price was $19.75. The company has a total of 667.57 million outstanding shares and its total market capitalization is $13.18 billion.
The 52-week price range of the stock remained $13.32 – $22.97, while during last trade its minimum price was $19.44 and it gained its highest price of $19.94. Company’s last 5 days shows a downtrend with the drop of -3.23%.
Is CHK a Solid Investment at These Levels? Read This Report For Details
EXCO Resources Inc (NYSE:XCO) has decided to release its results, after closing the market, on Tuesday, April 30, 2013, for the first quarter of 2013. To discuss this release and reply to queries, on Wednesday, May 1, 2013, at 9:00 a.m. Dallas Time, XCO will host a conference call.
Independent Oil & Gas company showing positive momentum during previous trade, EXCO Resources Inc (NYSE:XCO) reported the upsurge of 1.96% after opening at the price of $7.19. Its closing price for the day was $7.29.
Can Investors Bet on XCO after this News update? Find out in this Research Report
XCO’s total trading volume for the day was 3,623,300 shares, versus its average volume of 3.54 million shares. Company’s current market capitalization stands at $1.59 billion along with 217.57 million shares.
EXCO Resources’ earnings per share is $-6.50. If we look at the previous 5 day’s performance of the stock, it remained optimistic with the gain of 2.24%. In its last one month’s trade it jumped 1.96%.
King Penny Stocks provides up to the minute dissemination of news while reporting on stocks that are actively traded in the small cap arena whether trading on the Nasdaq small caps, AMEX or the OTC markets. Since performance is key in our industry, it’s no wonder why our ground breaking alerts on active stocks have brought us to the forefront of this industry. Our due diligence on trend analysis has caught the attention of the very best chart technicians in the business.
King Penny Stocks is an elite financial community for investors and traders alike who are looking to potentially gain financial freedom through the markets on undervalued companies and “in-play” momentum penny stocks. Get detailed breakdowns of major trends impacting the markets.
Our newsletter, Press Release and website have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company.
An individual should never invest in the securities of any of the companies profiled based solely on information contained in our report. Individuals should assume that all information contained in the report about profiled companies is not trustworthy unless verified by their own independent research. This report/release/advertisement is a commercial advertisement and is for general information purposes only. We are engaged in the business of marketing and advertising companies for monetary compensation.
Read our Full Disclaimer at: http://kingpennystocks.com/disclaimer/