NEW YORK, NY / ACCESSWIRE / August 25, 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.com and get exclusive access to our numerous research reports and market updates.

RDI has Initiated Coverage Today on:

Imperial Oil Limited
https://rdinvesting.com/news/?ticker=IMO.TO

Suncor Energy Inc.
https://rdinvesting.com/news/?ticker=SU.TO

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

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

Imperial Oil Limited's stock edged 0.41% higher Thursday, to close the day at $36.44. The stock recorded a trading volume of 719,453 shares, which was below its three months average volume of 770,281 shares. In the last year, Imperial Oil Limited's shares have traded in a range of 35.15 - 48.72. The stock is currently trading 25.21% 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 $36.60 is below its 200-day moving average of $39.26. Shares of the company are trading at a Price to Earnings ratio of 11.46. Shares of Imperial Oil Limited have fallen approximately 21.99 percent year-to-date.

Access RDI?s Imperial Oil Limited Research Report at:
https://rdinvesting.com/news/?ticker=IMO.TO

On Thursday, shares in Suncor Energy Inc. recorded a trading volume of 1,860,153 shares, which was below the three months average volume of 2,535,750 shares. The stock ended the day 0.25% lower at 39.21. The share price has gained 15.29% from its 52 week low with a 52 week trading range of 34.01 - 44.90.The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $39.28 is below its 200-day moving average of $40.75. Shares of the company are trading at a Price to Earnings ratio of 24.26. Shares of Suncor Energy Inc. have fallen approximately 10.68 percent year-to-date.

Access RDI?s Suncor Energy Inc. Research Report at:
https://rdinvesting.com/news/?ticker=SU.TO

MEG Energy Corp.'s stock edged 0.21% lower Thursday, to close the day at $4.65. The stock recorded a trading volume of 819,812 shares, which was below its three months average volume of 1,476,520 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 41.77% 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 $4.47 is below its 200-day moving average of $5.57. Shares of MEG Energy Corp. have fallen approximately 49.62 percent year-to-date.

Access RDI?s MEG Energy Corp. Research Report at:
https://rdinvesting.com/news/?ticker=MEG.TO

On Thursday, shares in Parex Resources Inc. recorded a trading volume of 213,902 shares, which was below the three months average volume of 301,891 shares. The stock ended the day 1.32% lower at 12.73. The stock is currently trading 30.13% below its 52 week high with a 52 week trading range of 12.57 - 18.22.The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $14.45 is below its 200-day moving average of $15.82. Shares of the company are trading at a Price to Earnings ratio of 438.97. Shares of Parex Resources Inc. have fallen approximately 24.67 percent year-to-date.

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

Our Actionable Research on Imperial Oil Limited (TSX:IMO.TO), Suncor Energy Inc. (TSX:SU.TO), MEG Energy Corp. (TSX:MEG.TO) and Parex Resources Inc. (TSX:PXT.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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SOURCE: RDInvesting.com