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Today’s Research Reports on MEG Energy Corp., Spartan Energy Corp., Tourmaline Oil Corp. and Pine Cliff Energy Ltd.

ACCESSWIRE

NEW YORK, NY / ACCESSWIRE / January 9, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us free at http://rdinvesting.com and get exclusive access to our numerous research reports and market updates.

RDI has Initiated Coverage Today on:

MEG Energy Corp.
https://rdinvesting.com/news/?ticker=MEG.TO

Spartan Energy Corp.
https://rdinvesting.com/news/?ticker=SPE.TO

Tourmaline Oil Corp.
https://rdinvesting.com/news/?ticker=TOU.TO

Pine Cliff Energy Ltd.
https://rdinvesting.com/news/?ticker=PNE.TO

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MEG Energy Corp.'s stock moved 3.11% lower Monday, to close the day at $4.98. The stock recorded a trading volume of 1,415,922 shares, which was above its three months average volume of 1,264,234 shares. In the last year, MEG Energy Corp.'s shares have traded in a range of 3.28 - 9.17. The share price has gained 51.83% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $5.27 is greater than its 200-day moving average of $5.05. Shares of MEG Energy have fallen approximately 3.11 percent year-to-date.

Access RDI's MEG Energy Corp. Research Report at:
https://rdinvesting.com/news/?ticker=MEG.TO

On Monday, shares in Spartan Energy Corp. recorded a trading volume of 842,394 shares, which was below the three months average volume of 967,770 shares. The stock ended the day 1.15% lower at 6.89. The share price has gained 36.98% from its 52 week low with a 52 week trading range of 5.03 - 9.75.The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $6.90 is greater than its 200-day moving average of $6.31. Shares of Spartan Energy have fallen approximately 4.17 percent year-to-date.

Access RDI's Spartan Energy Corp. Research Report at:
https://rdinvesting.com/news/?ticker=SPE.TO

Tourmaline Oil Corp.'s stock moved 1.12% lower Monday, to close the day at $21.16. The stock recorded a trading volume of 728,029 shares, which was below its three months average volume of 752,167 shares. In the last year, Tourmaline Oil Corp.'s shares have traded in a range of 20.44 - 33.71. The stock is currently trading 37.23% below its 52 week high. The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $22.48 is below its 200-day moving average of $24.54. Shares of the company are trading at a Price to Earnings ratio of 17.57. Shares of Tourmaline Oil have fallen approximately 7.11 percent year-to-date.

Access RDI's Tourmaline Oil Corp. Research Report at:
https://rdinvesting.com/news/?ticker=TOU.TO

On Monday, shares in Pine Cliff Energy Ltd. recorded a trading volume of 855,982 shares, which was above the three months average volume of 479,198 shares. The stock ended the day 6.90% lower at 0.41. The stock is currently trading 62.50% below its 52 week high with a 52 week trading range of 0.41 - 1.08.The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.49 is below its 200-day moving average of $0.62. Shares of Pine Cliff Energy have fallen approximately 11.96 percent year-to-date.

Access RDI's Pine Cliff Energy Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=PNE.TO

Our Actionable Research on MEG Energy Corp. (TSX:MEG.TO), Spartan Energy Corp. (TSX:SPE.TO), Tourmaline Oil Corp. (TSX:TOU.TO) and Pine Cliff Energy Ltd. (TSX:PNE.TO) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com