Wall Street Fundamentals Releases New In-Depth Stock Reports on BBG, CVE, PTEN and VTG


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Companies Mentioned

NYSE:BBG / NYSE:CVE / NASDAQ:PTEN / NYSE:VTG
03/21/2014 [ACCESSWIRE]

Oil futures closed below $100 a barrel Thursday as the dollar surged on positive economic data. “After the [Fed] pointed to potential interest-rate rises starting next year, broader markets have responded with general trepidation — with the crude complex included,” said Schneider Electric commodity analyst, Matt Smith. “Once again [West Texas Intermediate crude] drops below both the 200-day moving average and the $100 level, with the dollar rallying and supply fears easing relating to Crimea.”

Bill Barrett Corporation (NYSE: BBG) shares traded in the range of $25.17 to $26.37 Thursday before settling to close at $26.13, an increase of 1.59 percent. The stock appears to be facing some resistance at the $26.29 and $26.75 levels with some support at $25.93 and $25.17. Shares of Bill Barrett have fallen approximately 2.5 percent year-to-date.

More information on Bill Barrett and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/BBG

Cenovus Energy Inc. (NYSE: CVE)(TSX: CVE) shares traded in the range of $26.10 to $26.75 Thursday before settling to close at $26.66, an increase of 1.33 percent. The stock appears to be facing some resistance at the $26.99 and $27.70 levels with some support at $26.63 and $26.11. Shares of Cenovus Energy are down approximately 7.0 percent year-to-date.

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

Patterson-UTI Energy, Inc. (NASDAQ: PTEN) shares traded in the range of $30.58 to $31.03 Thursday before settling to close at $30.74, a decrease of 0.95 percent. The stock appears to have some support at the $30.73, $30.43 and $29.59 levels. Shares of Patterson-UTI Energy have gained approximately 20.0 percent year-to-date.

More information on Patterson-UTI Energy and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/PTEN

Vantage Drilling Company (NYSEMKT: VTG) shares traded in the range of $1.69 to $1.75 Thursday before settling to close at $1.72, a decrease of 0.58 percent. The stock appears to be facing some resistance at the $1.72 and $1.74 levels with some support at $1.70 and $1.67. Shares of Vantage Drilling are down approximately 6.0 percent year-to-date.

More information on Vantage Drilling and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/VTG

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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

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