Review on Energy Sector Stocks: Kodiak Oil & Gas, Halcón Resources, Transocean, and SeaDrill
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LONDON, March 14, 2014 /PRNewswire/ --
On Thursday, March 13, 2014, the NASDAQ Composite ended at 4,260.42, down 1.46%, the S&P 500 fell 1.17% to 1,846.34, and the Dow Jones Industrial Average closed at 16,108.89, down 1.41%. The losses were broad based as nine of ten sectors ended the session in negative. The S&P 500 Energy Sector Index finished the day at 628.11, down 0.97%, while the same has gained 1.62% in the last one month. Investor-Edge.com has initiated coverage on the following equities: Kodiak Oil & Gas Corporation (NYSE: KOG), Halcon Resources Corporation (NYSE: HK), Transocean Ltd (NYSE: RIG), and Seadrill Ltd (NYSE: SDRL). Free research on these four companies can be accessed at:
http://investor-edge.com/register
On Thursday, shares in Kodiak Oil & Gas Corp. edged 0.18% lower finishing the session at $11.37. The stock recorded trading volume of 5.98 million shares as compared to a three months average volume of 5.76 million shares. The stock fluctuated between $11.21 and $11.58 during the session. The company's shares traded at a PE ratio of 17.77. Kodiak Oil's shares have lost 3.73% in the previous three trading sessions and 3.81% in the last one month, while the same has gained 1.43% on YTD basis. The company's shares are trading above their 50-day and 200-day moving averages. Kodiak Oil & Gas Corp.'s 50-day moving average of $11.19 is above the 200-day moving average of $10.79. Moreover, the stock is trading at the Relative Strength Index (RSI) of 47.18. Sign up and read the free notes on KOG at:
http://www.Investor-Edge.com/03142014/KOG/report.pdf
Shares in Halcon Resources Corp. saw a trading of 3.63 million shares, as compared with a three months average volume of 5.21 million shares. The stock ended the day at $3.73, down 2.10% and at an intraday range of $3.67 and $3.84. The company's shares have advanced 0.81% in the last one month. Halcon Resources Corp.'s shares have fallen by 8.58% in the previous three trading sessions and 3.37% on YTD basis. The company's shares are trading above their 50-day moving average. Halcon Resources Corp.'s 200-day moving average of $4.66 is above the 50-day moving average of $3.65. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 49.34. The complimentary notes on HK can be downloaded as in PDF format at:
http://www.Investor-Edge.com/03142014/HK/report.pdf
On Thursday, Transocean Ltd's stock declined 3.06% lower to close at $39.54. A total of 14.66 million shares were traded, which is above the three months average volume of 4.65 million. The company's shares oscillated between $39.14 and $40.97 during the trading session. The stock is trading at a PE ratio of 9.76. Transocean Ltd's shares have lost 5.54% in the previous three trading sessions, 8.81% in the last one month, and 19.99% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages. Transocean Ltd's 200-day moving average of $47.40 is above the 50-day moving average of $44.60. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 30.82. Register for free on Investor-Edge and access the latest research on RIG at:
http://www.Investor-Edge.com/03142014/RIG/report.pdf
Seadrill Ltd's stock recorded a trading volume of 8.19 million shares, as compared with a three months average volume of 4.24 million shares. The stock ended the day at $33.70, down 3.13%, after vacillating between $33.16 and $34.99. Seadrill Ltd's shares have fallen by 4.64% in the previous three trading sessions, 5.81% in the last one month, and 17.96% on YTD basis. The company's shares are trading below their 50-day and 200-days moving averages. Seadrill Ltd's 200-day moving average of $42.02 is above the 50-day moving average of $37.60. Additionally, shares of the company are trading at the Relative Strength Index (RSI) of 37.54. The complete research on SDRL is available for free at:
http://www.Investor-Edge.com/03142014/SDRL/report.pdf
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