Warren Resources (WRES) Receiving Somewhat Positive Press Coverage, Study Shows

News coverage about Warren Resources (NASDAQ:WRES) has trended somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Warren Resources earned a news impact score of 0.14 on Accern’s scale. Accern also gave media coverage about the oil and gas producer an impact score of 44.2250513888463 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Warren Resources (NASDAQ WRES) remained flat at $0.09 during midday trading on Thursday. The stock had a trading volume of 30,812,242 shares. The stock’s 50 day moving average price is $0.13 and its 200 day moving average price is $0.16. Warren Resources has a 12 month low of $0.05 and a 12 month high of $0.72.

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Warren Resources Company Profile

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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