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Eclipse Resources Corp (NYSE:ECR) has been downgraded to Neutral in a statement by Seaport Global Securities earlier today.

Boasting a price of $2.70, Eclipse Resources Corp (NYSE:ECR) traded -2.87% lower on the day. With the last close up -1.27% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Eclipse Resources Corp has recorded a 50-day average of $2.38 and a two hundred day average of $2.40. Volume of trade was down over the average, with 579,545 shares of ECR changing hands under the typical 965,856

Seaport Global Securities has downgraded Eclipse Resources Corp (NYSE:ECR) to Neutral in a statement released on 6/21/2017.

On 6/19/2017, Stifel Nicolaus released a statement on Eclipse Resources Corp (NYSE:ECR) bumped up the target price from $4.00 to $5.00 that suggested an upside of 0.82%.

Performance Chart

Eclipse Resources Corp (NYSE:ECR)

With a total market value of $0, Eclipse Resources Corp has with a one year low of $1.60 and a one year high of $3.66 .

A total of 13 analysts have released a report on Eclipse Resources Corp. zero analysts rating the company a strong buy, three analysts rating the company a buy, fourteen analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $2.87.

General Company Details For Eclipse Resources Corp (NYSE:ECR)

Eclipse Resources Corporation is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. The Company is the operator of the Utica Core Area and its Marcellus Project Area. The Ordovician-aged Utica Shale is an unconventional reservoir consisting of organic-rich black shale, with production occurring at vertical depths between 6,000 and 10,000 feet. The Marcellus Shale consists of organic-rich black shale, with production occurring at vertical depths between 5,000 and 8,000 feet. As of December 31, 2016, the Company had commenced drilling 202 gross wells within the Utica Core Area and three gross wells within its Marcellus Area. As of December 31, 2016, it had approximately 92,000 net acres in the Utica Shale in Eastern Ohio within the Utica Core Area. As of December 31, 2016, the Company had assembled an acreage position approximating 199,000 net acres in Eastern Ohio.

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