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Wall Street Fundamentals Releases New In-Depth Stock Reports on GPOR, HK, PGH and PWE

On Wednesday, U.S. crude-oil futures fell after the Energy Information Administration reported a larger than expected rise in crude inventories. Inventories increased by 4.087 million barrels (1.1 percent) last week to 383.9 million barrels, up approximately 2.9 percent when compared to a year ago and above analysts’ forecasts of 3.5 million barrels, according to Platts. Currently levels are the highest since June 21st and are approaching the highest end-October levels seen since 1930. Here is how some energy stocks reacted Wednesday:

Gulfport Energy Corporation (NASDAQ:GPOR - News) shares traded in the range of $59.17 to $62.38 Wednesday before settling to close at $59.25, a decrease of 3.55 percent. The stock appears to be facing some resistance at the $61.75 and $64.11 levels with some support at $57.24. Shares of Gulfport Energy have gained approximately 55.0 percent in 2013.

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

Halcon Resources Corp. (NYSE:HK - News) shares traded in the range of $5.15 to $5.46 Wednesday before settling to close at $5.23, a decrease 3.86percent. The stock appears to be facing some resistance at the $5.28 and $5.59 levels with some support at $5.01. Shares of Halcon Resources have fallen approximately 24.0 percent in 2013.

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

Pengrowth Energy Corp. (NYSE:PGH - News)(TSX:PGF.TO - News) shares traded in the range of $6.20 to $6.40 Wednesday before settling to close at $6.20, a decrease of 1.57 percent. The stock appears to be facing some resistance at the $6.29 and $6.48 levels with some support at $6.04. Shares of Pengrowth Energy have gained approximately 25.0 percent in 2013.

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 $10.97 to $11.42 Wednesday before settling to close at $11.05, a decrease of 2.81 percent. The stock appears to be facing some resistance at the $11.25 and $11.59 levels with some support at $10.79.

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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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: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com