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Analysts View on Independent Oil & Gas Stocks - Linn Energy, EXCO Resources, Ultra Petroleum, and Eclipse Resources

Wednesday, 06 January 2016 08:00 AM

Park Lane Advisor

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NEW YORK, NY / ACCESSWIRE / January 6, 2016 / Park Lane Advisor has initiated coverage on the following equities: Linn Energy LLC (NASDAQ: LINE), EXCO Resources Inc. (NYSE: XCO), Ultra Petroleum Corporation (NYSE: UPL), and Eclipse Resources Corporation (NYSE: ECR). Free research report on Linn Energy can be accessed at http://www.parklaneadvisor.com/ On Tuesday, January 05, 2016, the NASDAQ Composite ended at 4,891.43, down 0.24%, the Dow Jones Industrial Average edged 0.06% higher, to finish the day at 17,158.66, and the S&P 500 closed at 2,016.71, up 0.20%. The gains were broad based as six out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.

Linn Energy LLC's stock finished Tuesday's session flat at $1.37. A total of 1.86 million shares were traded, which was below its three months average volume of 3.19 million shares. Over the last one month and the previous three months, Linn Energy LLC's shares have declined 25.14% and 54.33%, respectively. Additionally, the stock has plummeted 86.08% in the past one year. The company's shares are trading below their 50-day and 200-day moving averages by 30.62% and 76.72%, respectively. Linn Energy LLC's stock has a Relative Strength Index (RSI) of 40.64. Sign up and read the free notes on LINE at:

http://www.parklaneadvisor.com/

On Tuesday, shares in EXCO Resources Inc. ended the session 4.03% lower at $1.19. The stock reported a trading volume of 1.76 million shares, below its three months average volume of 3.51 million shares. Although, EXCO Resources Inc.'s shares have gained 19.00% in the previous three months, it has lost 2.46% in the last one month and 40.80% in the past one year. The company is trading 8.01% above its 50-day moving average. Moreover, shares of EXCO Resources Inc. have an RSI of 54.36. The complimentary notes on XCO can be downloaded in PDF format at:

http://www.parklaneadvisor.com/

Ultra Petroleum Corp.'s stock advanced 1.19%, to close the day at $2.56. The stock recorded a trading volume of 2.94 million shares, below its three months average volume of 4.04 million shares. Ultra Petroleum Corp.'s shares have declined 31.73% in the last one month and 62.57% in the previous three months. Furthermore, the stock has plummeted 79.67% in the past one year. The company's shares are trading 34.90% below their 50-day moving average. Additionally, Ultra Petroleum Corp. traded at a PE ratio of 1.91 and has an RSI of 39.21. Register for free on Park Lane Advisor and access the latest research on UPL at:

http://www.parklaneadvisor.com/

On Tuesday, shares in Eclipse Resources Corp. recorded a trading volume of 0.49 million shares, lower than their three months average volume of 0.89 million shares. The stock ended the day 5.91% lower at $1.75. Eclipse Resources Corp.'s stock has declined 27.08% in the last one month, 36.82% in the previous three months and 74.64% in the last one year. The company is trading below its 50-day and 200-day moving averages by 19.63% and 58.01%, respectively. Furthermore, shares of Eclipse Resources Corp. have an RSI of 45.80. The complete research on ECR is available for free at:

http://www.parklaneadvisor.com/

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