Release

Today’s Research Reports on Paramount Resources, Parex Resources, Surge Energy and Tamarack Valley Energy

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RDI has Initiated Coverage Today on:

Paramount Resources Ltd.
https://rdinvesting.com/news/?ticker=POU.TO

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

Surge Energy Inc.
https://rdinvesting.com/news/?ticker=SGY.TO

Tamarack Valley Energy Ltd.
https://rdinvesting.com/news/?ticker=TVE.TO

Paramount Resources Ltd.’s stock moved 4.98% lower Tuesday, to close the day at $23.64. The stock recorded a trading volume of 246,861 shares, which was below its three months average volume of 406,509 shares. In the last year Paramount Resources Ltd.’s shares have traded in a range of 14.46 – 25.57. The share price has gained 63.49% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $23.08 is greater than its 200-day moving average of $21.02. Shares of Paramount Resources Ltd. are trading at a Price to Earnings ratio of 1.93. Shares of Paramount Resources have gained approximately 30.82 percent year-to-date.

Access RDI’s Paramount Resources Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=POU.TO

On Tuesday, shares in Parex Resources Inc. recorded a trading volume of 320,244 shares, which was below the three months average volume of 519,812 shares. The stock ended the day 3.81% lower at 16.93. The share price has gained 38.88% from its 52 week low with a 52 week trading range of 12.19 – 18.45.The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $16.19 is greater than its 200-day moving average of $15.12. Shares of the company are trading at a Price to Earnings ratio of 583.79. Shares of Parex Resources have gained approximately 0.18 percent year-to-date.

Access RDI’s Parex Resources Inc. Research Report at:
https://rdinvesting.com/news/?ticker=PXT.TO

Surge Energy Inc.’s stock moved 4.63% lower Tuesday, to close the day at $2.06. The stock recorded a trading volume of 966,974 shares, which was above its three months average volume of 586,065 shares. In the last year Surge Energy Inc.’s shares have traded in a range of 1.91 – 3.45. The stock is currently trading 40.29% below its 52 week high. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $2.16 is at its 200-day moving average of $2.16. Shares of Surge Energy have fallen approximately 37.76 percent year-to-date.

Access RDI’s Surge Energy Inc. Research Report at:
https://rdinvesting.com/news/?ticker=SGY.TO

On Tuesday, shares in Tamarack Valley Energy Ltd. recorded a trading volume of 845,057 shares, which was above the three months average volume of 555,912 shares. The stock ended the day 6.34% lower at 2.66. The share price has gained 35.71% from its 52 week low with a 52 week trading range of 1.96 – 3.71.The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $2.80 is greater than its 200-day moving average of $2.44. Shares of Tamarack Valley Energy have fallen approximately 23.12 percent year-to-date.

Access RDI’s Tamarack Valley Energy Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=TVE.TO

Our Actionable Research on Paramount Resources Ltd. (TSX:POU.TO), Parex Resources Inc. (TSX:PXT.TO), Surge Energy Inc. (TSX:SGY.TO) and Tamarack Valley Energy Ltd. (TSX:TVE.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 Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. 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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