press release

Today's Research Reports on MEG Energy Corp., Parex Resources Inc., PrairieSky Royalty Ltd. and Seven Generations Energy Ltd.

2017-07-18

TSX - Toronto Stock Exchange

Today’s Research Reports on MEG Energy Corp., Parex Resources Inc., PrairieSky Royalty Ltd. and Seven Generations Energy Ltd.

NEW YORK, NY / ACCESSWIRE / July 18, 2017 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us free at http://rdinvesting.comand get exclusive access to our numerous research reports and market updates.

RDI has Initiated Coverage Today on:

MEG Energy Corp. https://ub.rdinvesting.com/news/?ticker=MEG-TO

Parex Resources Inc. https://ub.rdinvesting.com/news/?ticker=PXT-TO

PrairieSky Royalty Ltd. https://ub.rdinvesting.com/news/?ticker=PSK-TO

Seven Generations Energy Ltd. https://ub.rdinvesting.com/news/?ticker=VII-TO

MEG Energy Corp.'s stock moved 2.39% higher Monday, to close the day at $3.86. The stock recorded a trading volume of 1,100,176 shares, which was below its three months average volume of 1,612,270 shares. In the last year MEG Energy Corp.'s shares have traded in a range of 3.28 - 9.83. The share price has gained 17.68% from its 52 week low. The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $4.91 is below its 200-day moving average of $6.61. Shares of MEG Energy Corp. have fallen approximately 58.18 percent year-to-date.

Access RDI'sMEG Energy Corp. Research Report at: https://ub.rdinvesting.com/news/?ticker=MEG-TO

On Monday, shares in Parex Resources Inc. recorded a trading volume of 87,560 shares, which was below the three months average volume of 287,611 shares. The stock ended the day 0.40% lower at 14.89. The share price has gained 21.06% from its 52 week low with a 52 week trading range of 12.30 - 18.22.The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $15.78 is below its 200-day moving average of $16.30. Shares of Parex Resources Inc. are trading at a Price to Earnings ratio of 2,127.14. Shares of Parex Resources Inc. have fallen approximately 11.89 percent year-to-date.

Access RDI'sParex Resources Inc. Research Report at: https://ub.rdinvesting.com/news/?ticker=PXT-TO

PrairieSky Royalty Ltd.'s stock edged 0.04% lower Monday, to close the day at $28.10. The stock recorded a trading volume of 284,506 shares, which was below its three months average volume of 372,438 shares. In the last year PrairieSky Royalty Ltd.'s shares have traded in a range of 24.63 - 34.32. The stock is currently trading 18.12% below its 52 week high. The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $29.24 is below its 200-day moving average of $29.90. Shares of the company are trading at a Price to Earnings ratio of 165.29. Shares of PrairieSky Royalty Ltd. have fallen approximately 12.02 percent year-to-date.

Access RDI'sPrairieSky Royalty Ltd. Research Report at: https://ub.rdinvesting.com/news/?ticker=PSK-TO

On Monday, shares in Seven Generations Energy Ltd. recorded a trading volume of 238,520 shares, which was below the three months average volume of 803,070 shares. The stock ended the day 1.84% lower at 20.75. The stock is currently trading 36.93% below its 52 week high with a 52 week trading range of 20.36 - 32.90.The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $24.20 is below its 200-day moving average of $25.54. Shares of the company are trading at a Price to Earnings ratio of 139.26. Shares of Seven Generations Energy Ltd. have fallen approximately 33.73 percent year-to-date.

Access RDI'sSeven Generations Energy Ltd. Research Report at: https://ub.rdinvesting.com/news/?ticker=VII-TO

Our Actionable Research on MEG Energy Corp. (TSX:MEG.TO), Parex Resources Inc. (TSX: PXT.TO), PrairieSky Royalty Ltd. (TSX:PSK.TO) and Seven Generations Energy Ltd. (TSX:VII.TO) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and reviewed by Nadia Noorani, CFA® charter holder. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com