NEW YORK, NY / ACCESSWIRE / December 24, 2015 / Park Lane Advisor has initiated coverage on the following equities: Vanguard Natural Resources LLC (NASDAQ: VNR), Penn West Petroleum Ltd (NYSE: PWE), Pengrowth Energy Corporation (NYSE: PGH), and Midcoast Energy Partners L.P. (NYSE: MEP). Free research report on Vanguard Natural Resources can be accessed at http://www.parklaneadvisor.com/. On Wednesday, December 23, 2015, the NASDAQ Composite ended at 5,045.93, up 0.90%, the Dow Jones Industrial Average advanced 1.06%, to finish the day at 17,602.61, and the S&P 500 closed at 2,064.29, up 1.24%. The gains were broad based as all the sectors ended the session in positive. Register for your complimentary reports at the links given below.
On Wednesday, shares in Vanguard Natural Resources LLC ended the session 23.75% higher at $3.23. The stock reported a trading volume of 4.07 million shares, above its three months average volume of 1.43 million shares. Vanguard Natural Resources LLC's shares have plummeted 39.74% in the last one month, 61.26% in the previous three months and 75.73% on YTD basis. The company is trading 45.74% below its 50-day moving average and 68.68% below its 200-day moving average. Moreover, shares of Vanguard Natural Resources LLC have a Relative Strength Index (RSI) of 37.30. Sign up and read the free notes on VNR at:
http://www.parklaneadvisor.com/
Penn West Petroleum Ltd's stock gained 6.06%, to close the day at $0.94. The stock recorded a trading volume of 3.37 million shares, below its three months average volume of 3.76 million shares. Penn West Petroleum Ltd's shares have declined 7.46% in the last one month and 53.51% since the beginning of 2015. However, the stock has rallied 99.50% in the previous three months. The company's shares are trading 14.14% below their 50-day moving average. Additionally, Penn West Petroleum Ltd has an RSI of 47.18. The complimentary notes on PWE can be downloaded in PDF format at:
http://www.parklaneadvisor.com/
On Wednesday, shares in Pengrowth Energy Corp. recorded a trading volume of 1.63 million shares, higher than their three months average volume of 1.52 million shares. The stock ended the day 9.40% higher at $0.79. Pengrowth Energy Corp.'s stock has lost 1.08% in the last one month, 14.76% in the previous three months and 72.67% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 10.64% and 56.30%, respectively. Furthermore, shares of Pengrowth Energy Corp. have an RSI of 48.68. Register for free on Park Lane Advisor and access the latest research on PGH at:
http://www.parklaneadvisor.com/
Midcoast Energy Partners L.P.'s stock finished Wednesday's session 11.69% higher at $8.79. A total of 0.17 million shares were traded, which was above its three months average volume of 0.12 million shares. Over the last one month and the previous three months, Midcoast Energy Partners L.P.'s shares have declined 17.54% and 15.69%, respectively. Additionally, the stock has plummeted 28.26% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 16.46% and 21.01%, respectively. Midcoast Energy Partners L.P.'s stock has an RSI of 47.84. The complete research on MEP is available for free at:
http://www.parklaneadvisor.com/
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