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Thursday 21 January 2016
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Current Trade Stocks Roundup: Pengrowth Energy Corp (USA) (NYSE:PGH), Cobalt International Energy, Inc. (NYSE:CIE)

During Wednesday’s Morning trade, Shares of Pengrowth Energy Corp (USA) (NYSE:PGH), lost -4.81% to $0.700.

Park Lane Advisor has initiated coverage on the following equities: Vanguard Natural Resources LLC (VNR), Penn West Petroleum Ltd (PWE), Pengrowth Energy Corporation (PGH), and Midcoast Energy Partners L.P. (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 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.

Pengrowth Energy Corporation engages in the acquisition, development, exploration, and production of oil and natural gas assets in the Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. It primarily explores for crude oil, bitumen, natural gas, and natural gas liquids.

Finally, Cobalt International Energy, Inc. (NYSE:CIE), lost -0.56%, and is now trading at $5.30.

Moments ago, Trader’s Choice released new research updates concerning several important developing situations counting the following equities: Cobalt International Energy Inc. (CIE), Merrimack Pharmaceuticals Inc. (MACK), Spectranetics Corp (SPNC) and Jinpan International Ltd (JST). Trader’s Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.

Highlights from recently’s reports comprise:

On Monday, December 28, 2015, Nasdaq Composite ended at 5,040.99, down 0.15%, Dow Jones Industrial Average declined 0.14%, to finish the day at 17,528.27, and the S&P 500 closed at 2,056.50, down 0.22%.

- The stock of Cobalt International Energy Inc. lost 4.08% to close Monday’s session at USD 5.41. The shares of the company moved in the range of USD 5.34 and USD 5.51. A trading volume of 1.83 million shares was recorded, which was lower than its 150-day daily average volume of 3.71 million shares and was below its 52-week average volume of 3.64 million shares. Over the last five days Cobalt International Energy Inc.’s shares have advanced 1.88% while in the past one month the stock has lost 33.13%. Additionally, over the last three months the stock has declined 21.59% and in the past six months the shares have registered a loss of 44.74%. Moreover, the stock is trading at a price to book ratio of 1.20, which compares to a historical PB ratio near to 1.72. Further, the stock is having a 52-week range of USD 5.14 - USD 11.20.

Cobalt International Energy, Inc., through its auxiliaries, engages in the exploration and production of oil-focused, below-salt exploration prospects. Its project portfolio comprises North Platte, Heidelberg, Shenandoah, and Anchor discovery in the U.S. Gulf of Mexico; Cameia, Lontra, Mavinga, Bicuar, and Orca in the offshore Angola; and Diaman in the offshore Gabon.

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All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




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