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Today’s Research Reports on Paramount Resources Ltd., Parex Resources Inc., Surge Energy Inc. and Tamarack Valley Energy Ltd.

ACCESSWIRE

NEW YORK, NY / ACCESSWIRE / March 12, 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:

Paramount Resources Ltd.
https://rdinvesting.com/news/?ticker=POU.TO

Parex Resources Inc.
https://rdinvesting.com/news/?ticker=PXT.TO

Surge Energy Inc.
https://rdinvesting.com/news/?ticker=SGY.TO

Tamarack Valley Energy Ltd.
https://rdinvesting.com/news/?ticker=TVE.TO

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Paramount Resources' stock moved 1.18% lower Friday, to close the day at $16.79. The stock recorded a trading volume of 412,425 shares, which was above its three months average volume of 394,142 shares. In the last year, Paramount Resources' shares have traded in a range of 14.39 - 25.57. The share price has gained 16.68% 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 $17.65 is below its 200-day moving average of $20.43. Shares of Paramount Resources are trading at a Price to Earnings ratio of 10.63. Shares of Paramount Resources have fallen approximately 13.54 percent year-to-date.

Access RDI’s Paramount Resources Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=POU.TO

On Friday, shares of Parex Resources recorded a trading volume of 603,598 shares, which was above the three months average volume of 501,116 shares. The stock ended the day 1.48% lower at 17.92. The share price has gained 47.01% from its 52 week low with a 52 week trading range of 12.19 - 19.86. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $18.38 is greater than its 200-day moving average of $16.72. Shares of Parex Resources are trading at a Price to Earnings ratio of 52.24. Shares of Parex Resources have fallen approximately 1.32 percent year-to-date.

Access RDI's Parex Resources Inc. Research Report at:
https://rdinvesting.com/news/?ticker=PXT.TO

Surge Energy's stock moved 1.09% lower Friday, to close the day at $1.81. The stock recorded a trading volume of 331,596 shares, which was below its three months average volume of 846,072 shares. In the last year, Surge Energy's shares have traded in a range of 1.58 - 2.91. The stock is currently trading 37.80% below its 52 week high. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $1.90 is below its 200-day moving average of $2.03. Shares of Surge Energy have fallen approximately 13.4 percent year-to-date.

Access RDI's Surge Energy Inc. Research Report at:
https://rdinvesting.com/news/?ticker=SGY.TO

On Friday, shares of Tamarack Valley Energy recorded a trading volume of 333,532 shares, which was below the three months average volume of 477,054 shares. The stock ended the day 1.87% higher at 2.72. The share price has gained 38.78% from its 52 week low with a 52 week trading range of 1.96 - 3.16. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $2.66 is below its 200-day moving average of $2.70. Shares of Tamarack Valley Energy have fallen approximately 4.9 percent year-to-date.

Access RDI's Tamarack Valley Energy Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=TVE.TO

Our Actionable Research on Paramount Resources Ltd. (TSX:POU.TO), Parex Resources Inc. (TSX:PXT.TO), Surge Energy Inc. (TSX:SGY.TO) and Tamarack Valley Energy Ltd. (TSX:TVE.TO) can be downloaded free of charge at Research Driven Investing.

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RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and reviewed by Nadia Noorani, CFA® charter holder. 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