Finance

Oil & Gas Stocks New Highs: Southwestern Energy (NYSE:SWN), Abraxas Petroleum (NASDAQ:AXAS), Comstock Resources (NYSE:CRK), Petroquest Energy (NYSE:PQ)

Southwestern Energy Company (NYSE:SWN) stock had its “neutral” rating restated by Zacks in a report released on Thursday, Analyst RN reports. They currently have a $48.00 price target on the stock. Zacks‘s price target would indicate a potential upside of 2.76% from the company’s current price. Southwestern Energy Company (NYSE:SWN) stock performance was -1.03% in last session and finished the day at $46.09. Traded volume was 4.96million shares in the last session and the average volume of the stock remained 4.31million shares. The beta of the stock remained 1.09. Southwestern Energy Company (NYSE:SWN) insider ownership is 0.60%.

Abraxas Petroleum Corp. (NASDAQ:AXAS) which operates as an oil and gas explorer and producer has received upgrades by analysts, following the positive numbers it declared for its fourth quarter financial results. The company had reported that the earnings for the quarter were largely inflated by the sale of one of its key assets- the Eagle Ford Shale. Abraxas Petroleum Corp. (NASDAQ:AXAS) dropped -1.97 percent to $3.99 Monday on volume of 1.90million shares. The intra-day range of the stock was $3.89 to $4.15. Abraxas Petroleum Corp. (NASDAQ:AXAS) has a market capitalization of $370.80million.

Equities researchers at CRT Capital assumed coverage on shares of Comstock Resources (NYSE:CRK) in a research report issued on Monday, AnalystRatingsNetwork reports. The firm set a “buy” rating and a $29.00 price target on the stock. Comstock Resources Inc (NYSE:CRK)’s stock on Mar 24, 2014 reported a decrease of -0.23% to the closing price of $21.27. Its fifty two weeks range is $14.11 -$21.82. The total market capitalization recorded $1.02billion. The overall volume in the last trading session was 1.70million shares. In its share capital, CRK has 46.17million outstanding shares.

Petroquest Energy Inc (NYSE:PQ) reported 302 Billions Of Cubic Feet Equivalent (Bcfe) of estimated proved oil and gas reserve towards end of 2013 with pre-tax discounted value (PV10) of approximately $479 million. On Monday, shares of Petroquest Energy Inc (NYSE:PQ) advanced 0.52% to close the day at $5.75. Company return on investment (ROI) is 2.70% and its monthly performance is recorded as 28.06%. Petroquest Energy Inc (NYSE:PQ) quarterly revenue growth is 49.74%.