Pre-Market Analysis: Encana Corp., Halcon Resources Corp., Talisman Energy Inc., and ConocoPhillips
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LONDON, November 4, 2013 /PRNewswire/ --
The U.S. equity market posted gains on Friday, November 01, 2013, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite rising 0.29%, 0.45%, and 0.06%, respectively. Shares in the basic materials-oil and gas sector mostly ended on a lower note, even as the broader market advanced. The major movers in the sector included Encana Corporation (NYSE: ECA), Halcon Resources Corporation (NYSE: HK), Talisman Energy Inc. (NYSE: TLM), and ConocoPhillips (NYSE: COP). All these companies are tracked by AAAResearchReports.com. Free technical research on ECA, HK, TLM, and COP can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
On Friday, shares in Encana Corp. declined to close at $17.81, down 0.61% from the previous day's closing price of $17.92. The company's shares vacillated between $17.71 and $17.96 during the trading session. A total of 3.73 million shares were traded, which is below the daily average volume of 4.46 million. Despite Friday's pullback, the company's shares have gained 3.25% in the last one month and 1.08% in the previous three months, compared to a gain of 4.21% and 3.04% in the S&P 500 during the respective periods. Furthermore, Encana Corp.'s stock is trading above its 50-day moving average of $17.58. Sign up and read the complimentary report on ECA at:
http://www.AAAResearchReports.com/ECA110413.pdf
Halcon Resources Corp.'s shares fluctuated between $5.00 and $5.24 before ending the Friday's session 0.19% lower at $5.17. A total of 5.30 million shares were traded, which is below the daily average volume of 6.30 million. Despite Friday's losses, the company's shares have surged 11.42% in the last one month, outperforming the S&P 500, which has gained 4.21% during the same period. Additionally, Halcon Resources Corp.'s stock is trading above its 50-day moving average of $4.93.The free report on HK can be downloaded by signing up now at:
http://www.AAAResearchReports.com/HK110413.pdf
Shares in Talisman Energy Inc. ended flat on Friday, even as the broader traded posted gains. The company's shares closed the day at the previous day's closing price of $12.48, after oscillating between $12.37 and $12.62 during the trading session. A total of 3.38 million shares were traded, which is below the daily average volume of 5.90 million. The company's shares have gained 0.48% in the last one month and 11.53% in the previous three months, compared to a gain of 4.21% and 3.04% in the S&P 500 during the respective periods. Moreover, Talisman Energy Inc.'s stock is trading above its 50-day and 200-day moving averages of $11.63 and $11.72, respectively. A free report on TLM can be accessed by registering at:
http://www.AAAResearchReports.com/TLM110413.pdf
ConocoPhillips' shares ended the day 0.33% lower at $73.09, after oscillating between $72.21 and $73.56. A total of 4.92 million shares were traded, which is below the daily average volume of 4.96 million. Despite Friday's losses, the company's stock has gained 3.88% in the last one month and 8.72% in the previous three months, compared to a gain of 4.21% and 3.04% in the S&P 500 during the respective periods. Additionally, ConocoPhillips' stock is trading near its 52-week high of $74.59 and above its 50-day and 200-day moving averages of $70.38 and $63.60, respectively. Register with AAA Research Reports and download research on COP for free at:
http://www.AAAResearchReports.com/COP110413.pdf
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