Market Momentum on Independent Oil & Gas Stocks - Ultra Petroleum, Bonanza Creek Energy, Eclipse Resources, and Midcoast Energy Partners

NEW YORK, NY / ACCESSWIRE / December 15, 2015 / Park Lane Advisor has initiated coverage on the following equities: Ultra Petroleum Corporation (NYSE: UPL), Bonanza Creek Energy Inc. (NYSE: BCEI), Eclipse Resources Corporation (NYSE: ECR), and Midcoast Energy Partners L.P. (NYSE: MEP). Free research report on Ultra Petroleum can be accessed at https://www.ParkLaneAdvisor.com/UPL.pdf. On Monday, December 14, 2015, the NASDAQ Composite ended at 4,952.23, up 0.38%, the Dow Jones Industrial Average advanced 0.60%, to finish the day at 17,368.50, and the S&P 500 closed at 2,021.94, up 0.48%. The gains were broad based as seven out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.

Ultra Petroleum Corp.'s stock plummeted 21.17%, to finish Monday's session at $2.16. A total of 12.47 million shares were traded, which was much above its three months average volume of 3.19 million shares. Over the last one month and the previous three months, Ultra Petroleum Corp.'s shares have declined 51.24% and 68.33%, respectively. Additionally, the stock has plummeted 83.59% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 58.66% and 79.13%, respectively. Ultra Petroleum Corp.'s stock traded at a PE ratio of 1.61 and has a Relative Strength Index (RSI) of 19.11. Sign up and read the free notes on UPL at:

https://www.ParkLaneAdvisor.com/UPL.pdf

On Monday, shares in Bonanza Creek Energy Inc. ended the session 0.33% lower at $6.10. The stock reported a trading volume of 2.96 million shares, below its three months average volume of 3.07 million shares. Although, Bonanza Creek Energy Inc.'s shares have advanced 1.16% in the previous three months, it has declined 19.53% in the last one month and 74.58% on YTD basis. The company is trading 15.00% below its 50-day moving average and 58.15% below its 200-day moving average. Moreover, shares of Bonanza Creek Energy Inc. have an RSI of 37.00. The complimentary notes on BCEI can be downloaded in PDF format at:

https://www.ParkLaneAdvisor.com/BCEI.pdf

Eclipse Resources Corp.'s stock lost 3.12%, to close the day at $1.86. The stock recorded a trading volume of 1.11 million shares, close to its three months average volume of 1.07 million shares. Eclipse Resources Corp.'s shares have declined 22.18% in the last one month and 43.64% in the previous three months. Furthermore, the stock has plummeted 73.54% since the start of this year. The company's shares are trading 27.32% below their 50-day moving average. Additionally, Eclipse Resources Corp. has an RSI of 30.20. Register for free on Park Lane Advisor and access the latest research on ECR at:

https://www.ParkLaneAdvisor.com/ECR.pdf

On Monday, shares in Midcoast Energy Partners L.P. recorded a trading volume of 0.52 million shares, higher than their three months average volume of 0.10 million shares. The stock ended the day 18.00% lower at $7.20. Midcoast Energy Partners L.P.'s stock has declined 31.49% in the last one month, 28.67% in the previous three months and 41.24% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 34.55% and 36.55%, respectively. Furthermore, shares of Midcoast Energy Partners L.P. have an RSI of 28.21. The complete research on MEP is available for free at:

https://www.ParkLaneAdvisor.com/MEP.pdf

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