Energy Sector Technical Briefing:Occidental Petroleum, Oasis Petroleum, Pioneer Natural Resources, and Gran Tierra Energy

LONDON, January 3, 2014 /PRNewswire/ --

On Thursday, January 02, 2013, the US equity market edged lower. The S&P 500 ended the day 0.89% lower at 1,831.98; the Dow Jones Industrial Average finished 0.82% lower at 16,441.35; and the NASDAQ Composite closed 0.80% lower at 4,143.07. The S&P 500 Energy Sector Index ended the day at 643.16, down 1.31%; and the S&P 500 Oil & Gas Exploration and Production Sub Industry Index fell 1.54% to end the day at 609.40. The S&P 500 Oil & Gas Exploration and Production Sub Industry Index has fallen by 2.81%in the last one month and 2.50% in the previous three months, underperforming the S&P 500, which has gained 1.45% and 8.08%, during the respective periods. The major movers in the industry included Occidental Petroleum Corporation (NYSE: OXY), Oasis Petroleum Inc. (NYSE: OAS), Pioneer Natural Resources Company (NYSE: PXD), and Gran Tierra Energy Inc. (NYSE MKT: GTE). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:

http://www.aaaresearchreports.com/register/  

Shares in Occidental Petroleum Corp. fell 1.31% on Thursday, closing the day at $93.85. The company's shares oscillated between $93.41 and $94.84 during the trading session. A total of 2.77 million shares were traded, which is below the daily average volume of 3.45 million. The company's shares have fallen by 0.96% in the last one month and 1.01% in the previous three months, underperforming the S&P 500, which has gained 1.45% and 8.08% during the respective periods. However, Occidental Petroleum Corp.'s stock is trading above its 200-day moving average of $90.57.  Sign up for free report on OXY at:

http://www.AAAResearchReports.com/OXY010314.pdf

On Thursday, Oasis Petroleum Inc.'s stock plummeted to end the day at $45.05, down 4.09% from the previous day's closing price of $46.97. The company's shares fluctuated between $44.27 and $47.28 during the trading session. A total of 2.46 million shares were traded, which is above the daily average volume of 2.23 million. The company's shares have fallen by 1.81% in the last one month and 10.81% in the previous three months, underperforming the S&P 500, which has gained 1.45% and 8.08% during the respective periods. However, Oasis Petroleum Inc.'s stock is trading above its 200-day moving average of $42.71. OAS free technical report can be accessed by signing up at:

http://www.AAAResearchReports.com/OAS010314.pdf

Shares in Pioneer Natural Resources Co. traded between $175.00 and $182.95 before finishing Thursday's session 4.10% lower at $176.53. A total of 2.08 million shares were traded, which is above the daily average volume of 1.89 million. The company's shares have fallen by 0.89% in the last one month and 9.69% in the previous three months, underperforming the S&P 500, which has gained 1.45% and 8.08% during the respective periods. However, Pioneer Natural Resources Co.'s stock is trading above its 200-day moving average of $163.66. A free report on PXD can be accessed by registering at:

http://www.AAAResearchReports.com/PXD010314.pdf  

On Thursday, shares in Gran Tierra Energy Inc. ended the day at $7.15, which is 2.19% lower than the previous day's closing price of $7.31. The company's shares vacillated between $7.15 and $7.31 during the trading session. A total of 0.91 million shares were traded, which is below the daily average volume of 1.12 million. Despite Thursday's pullback, the company's shares have gained 1.42% in the previous three trading sessions and 4.23% in the last one month, outperforming the S&P 500, which has fallen by 0.51% and has gained 1.45% during the respective periods. Additionally, Gran Tierra Energy Inc.'s stock is trading above its 200-day moving average of $6.58. Register with AAA Research Reports and download research on GTE for free at:

http://www.AAAResearchReports.com/GTE010314.pdf

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