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Wall Street Fundamentals Releases New In-Depth Stock Reports on DNR, FST, PGH and PWE

ACCESSWIRE

On Wednesday, oil prices continued to surge on concerns that that U.S. would strike against Syria. Benchmark oil for October delivery closed at $110.10 a barrel on the New York Mercantile Exchange, the highest in over two years. Since falling to its 2013 low of $86.68 on April 17th, oil preices have rallied approximately 27 percent. "The market is very concerned that if the US did carry out a missile strike or some kind of military action that it could pull in Iraq and other neighboring states in the Middle East," said Dan Heckman, national investment strategist at U.S. Bank Wealth Management.

Denbury Resources Inc. (NYSE:DNR - News) shares traded in the range of $17.19 to $17.61 Wednesday before settling to close at $17.46, an increase of 1.69 percent. The stock appears to be facing some resistance at the $17.55 and $17.78 levels with some support at $17.44. Shares of Denbury Resources have gained approximately 7.8 percent year-to-date.

More information on Denbury Resources and access to the free equity report can be found at:
www.WallStreetFundamentals.com/DNR

Forest Oil Corporation (NYSE:FST - News) shares traded in the range of $5.56 to $5.70 Wednesday before settling to close at $5.62, a decrease of 0.35 percent. The stock appears to be facing some resistance at $6.35 with some support at the $5.34 and $5.15 levels. Shares of Forest Oil have fallen approximately 16.0 percent year-to-date.

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More information on Forest Oil and access to the free equity report can be found at:
www.WallStreetFundamentals.com/FST

Pengrowth Energy Corp. (NYSE:PGH - News)(TSX:PGF.TO - News) shares traded in the range of $5.47 to $5.60 Wednesday before settling to close at $5.56, an increase of 1.46 percent. The stock appears to be facing some resistance at the $5.83 and $6.01 levels with some support at $5.55. Shares of Pengrowth Energy have gained approximately 12.0 percent year-to-date.

More information on Pengrowth Energy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/PGH

Penn West Petroleum Ltd. (NYSE:PWE - News)(TSX:PWT.TO - News) shares traded in the range of $11.33 to $11.62 Wednesday before settling to close at $11.53, an increase of 1.41 percent. The stock appears to be facing some resistance at the $11.65 and $12.33 levels with some support at $11.26. Shares of Penn West Petroleum have gained approximately 6.0 percent year-to-date.

More information on Penn West Petroleum and access to the free equity report can be found at:
www.WallStreetFundamentals.com/PWE

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Activate your always free membership by signing up at http://www.wallstreetfundamentals.com/ today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

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Wall Street Fundamentals
Website: http://www.wallstreetfundamentals.com/
Email: editor@wallstreetfundamentals.com