Warren Resources (WRES) Receives Daily Coverage Optimism Rating of 0.18
News stories about Warren Resources (NASDAQ:WRES) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Warren Resources earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave news stories about the oil and gas producer an impact score of 44.9118599512115 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Warren Resources (NASDAQ WRES) remained flat at $0.09 during midday trading on Monday. 30,812,242 shares of the company were exchanged. The firm’s 50 day moving average price is $0.13 and its 200-day moving average price is $0.16. Warren Resources has a 52 week low of $0.05 and a 52 week high of $0.72.
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About Warren Resources
Warren Resources, Inc is an independent energy company engaged in the exploration, development and production of domestic onshore crude oil and gas reserves. The Company’s development activities are focused on waterflood oil recovery projects in the Wilmington field in California, coalbed methane (CBM) projects in Wyoming and its Marcellus Shale project that utilizes horizontal drilling and hydraulic fracturing techniques to develop dry natural gas.
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