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May 1, 2020, 10:16 a.m. EDT

Evaluating CPE, MRO And SM And Their Performance relative To The Bollinger Band Indicator

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    Callon Petroleum Co. (CPE)
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May 01, 2020 (The Market Signal via Comtex) -- Sector Reports was created as a platform to help investors find the best free Stock Reports on stocks they own. If you are a shareholder or looking to buy /zigman2/quotes/201917664/composite CPE -7.62% , /zigman2/quotes/205031829/composite MRO -3.94% , /zigman2/quotes/209677692/composite SM -9.47% , then we strongly urge you to join our community by signing up with the link below and getting a completely free research report on each company today.

http://www.sectorreports.com.au/lP/?symbol=FREE-REPORT

(Click link above or copy, paste and hit enter in your browser for your report)

The U.S economy has seen worse days courtesy of the coronavirus, especially in the past few weeks, but things are cooling down, allowing for some organic recovery in stock prices.

Callon Petroleum turns to debt restructuring to support its recovery and avoid a cash crunch

http://www.sectorreports.com.au/lp/CPE

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Callon Petroleum Company /zigman2/quotes/201917664/composite CPE -7.62% was up 20.09% on Thursday before closing the trading session at $0.94. Its 20 Days Bollinger Band $0.32 was below the last trading price, and the price outlook is bullish.

The recent slump in the oil industry due to low demand for the commodity manifested as a low blow for Callon. The company is trying to recover, and one of the ways in which it plans to jump on the recovery train is by restructuring its debt, which is currently more than $3 billion.

The decision to restructure its debt is vital and strategic. This is because it is aimed at making sure that the company retains its financial flexibility. The debt is due in 2023, and repaying it within that time will drain its cash.

Marathon Oil enjoys a strong bull run after rolling out new tradable options and as oil prices improve

http://www.sectorreports.com.au/lp/MRO

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Marathon Oil Corporation /zigman2/quotes/205031829/composite MRO -3.94% ended Thursday's trading session at $6.12 after a 4.44% rally during the session. Its 20 Days Bollinger Band $3.03 was below the closing price, and the price currently looks bullish.

One of the probable reasons for the rally on Thursday was the introduction of new tradable options that will expire on June 12. These will allow traders to make money on price direction predictions.

The company also attributes some of the gains to improving oil prices during the session. Brent Crude traded at $25.27 after gaining by $2.73 while WTI Crude traded at $19.20 after a $4.14 gain.

SM Energy enjoys strong rally after announcing Q1 2020 earnings

http://www.sectorreports.com.au/lp/SM

/zigman2/quotes/201917664/composite
US : U.S.: NYSE
$ 4.85
-0.40 -7.62%
Volume: 4.23M
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$192.78 million
Rev. per Employee
$2.70M
loading...
/zigman2/quotes/205031829/composite
US : U.S.: NYSE
$ 4.14
-0.17 -3.94%
Volume: 24.45M
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$3.27 billion
Rev. per Employee
$2.46M
loading...
/zigman2/quotes/209677692/composite
US : U.S.: NYSE
$ 1.72
-0.18 -9.47%
Volume: 8.62M
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
1.16%
Market Cap
$196.87 million
Rev. per Employee
$2.68M
loading...
/zigman2/quotes/201917664/composite
US : U.S.: NYSE
$ 4.85
-0.40 -7.62%
Volume: 4.23M
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$192.78 million
Rev. per Employee
$2.70M
loading...
/zigman2/quotes/205031829/composite
US : U.S.: NYSE
$ 4.14
-0.17 -3.94%
Volume: 24.45M
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$3.27 billion
Rev. per Employee
$2.46M
loading...
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