Research Initiated on Energy Stocks: Crescent Point Energy, ARC Resources, Chinook Energy, and Penn West Petroleum

LONDON, UK / ACCESSWIRE / June 23, 2017 / Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the Oil & Gas - E&P industry and that trades on the Toronto Exchanges. This Morning, our team have regrouped these stocks for study: Crescent Point Energy, ARC Resources, Chinook Energy, and Penn West Petroleum. Register for these free reports at:

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At the close of the Canadian markets on Thursday, June 22, 2017, the Toronto Exchange Composite index ended the trading session at 15,219.90, 0.47% higher from its previous closing price.

The Energy Index was also in the black, closing the day at 170.02, up 0.18%.

Pro-Trader Daily's complimentary research reports on the following stocks are now available: Crescent Point Energy Corporation (TSX: CPG), ARC Resources Ltd (TSX: ARX), Chinook Energy Inc. (TSX: CKE), and Penn West Petroleum Ltd (TSX: PWT). Sign up now for your free membership and research reports at:

http://protraderdaily.com/register/

Crescent Point Energy Corp.

Calgary, Canada headquartered Crescent Point Energy Corp.'s stock advanced 2.14%, to finish Thursday's session at $10.07 with a total volume of 2.16 million shares traded. Shares of the Company, which acquires, explores, develops, and produces light and medium oil and natural gas properties in Western Canada and the US, are trading below its 50-day and 200-day moving averages. Crescent Point Energy's 200-day moving average of $14.73 is above its 50-day moving average of $12.23. See our research report on CPG.TO at:

http://protraderdaily.com/optin/?symbol=CPG

ARC Resources Ltd

On Thursday, shares in Calgary, Canada headquartered ARC Resources Ltd recorded a trading volume of 982,583 shares. The stock ended the day 0.30% lower at $16.75. The Company's shares are trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $19.73 is above its 50-day moving average of $17.52. Shares of the Company, which together with its subsidiaries, acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids, are trading at a PE ratio of 21.18. The complimentary research report on ARX.TO at:

http://protraderdaily.com/optin/?symbol=ARX

Chinook Energy Inc.

On Thursday, shares in Calgary, Canada headquartered Chinook Energy Inc. ended the session 5.36% higher at $0.30 with a total volume of 48,781 shares traded. Shares of the Company, which engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas in Canada, are trading below its 50-day and 200-day moving averages. Furthermore, the stock's 200-day moving average of $0.39 is greater than its 50-day moving average of $0.32. Register for free and access the latest research report on CKE.TO at:

http://protraderdaily.com/optin/?symbol=CKE

Penn West Petroleum Ltd

Calgary, Canada headquartered Penn West Petroleum Ltd's stock closed the day 5.59% higher at $1.70. The stock recorded a trading volume of 1.32 million shares, which was above its three months average volume of 925,903 shares. Shares of the Company, which explores for, develops, and produces oil and natural gas properties in western Canada, are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $2.18 is greater than its 50-day moving average of $1.94. Get free access to your research report on PWT.TO at:

http://protraderdaily.com/optin/?symbol=PWT

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