Triangle Petroleum Corporation (TPLM) Shares are Down -3.66%

Triangle Petroleum Corporation (TPLM) : During the past 4 weeks, traders have been relatively bearish on Triangle Petroleum Corporation (TPLM), hence the stock is down -41.42% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.24% relative to the S&P 500. The 4-week change in the price of the stock is -37.47% and the stock has fallen -3.66% in the past 1 week.

Triangle Petroleum Corporation (NYSEMKT:TPLM): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $0.23 and $0.21 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $0.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $0.22, notching a gain of 0.67% for the day. The total traded volume was 1,373,352 . The stock had closed at $0.22 on the previous day.


The stock has recorded a 20-day Moving Average of 16.98% and the 50-Day Moving Average is 23.39%. Triangle Petroleum Corporation has dropped 48.34% during the last 3-month period . Year-to-Date the stock performance stands at -70.91%.

Triangle Petroleum Corporation is an energy holding company. The Company has three principal lines of business: oil and natural gas exploration, development, and production; oilfield services, and midstream services. It conducts these activities in the Williston Basin of North Dakota and Montana through the Companys two principal wholly owned subsidiaries and its equity joint venture. Triangle USA Petroleum Corporation (TUSA) conducts its exploration and production operations by acquiring and developing unconventional shale oil and natural gas resources. RockPile Energy Services, LLC (RockPile) is a provider of hydraulic pressure pumping and complementary services. Caliber Midstream Partners, L.P. (Caliber) is its 28.3%-owned joint venture with First Reserve Energy Infrastructure Fund (FREIF). Caliber provides crude oil, natural gas and fresh and produced water gathering, processing, and transportation services.

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