AAAResearchReports.com Research and Coverage: Tesoro, Penn Virginia, Hess, and LinnCo
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LONDON, December 16, 2013 /PRNewswire/ --
On Friday, December 13, 2013, the U.S. equity market finished on a mixed note. The S&P 500 ended the day at 1,775.32, down 0.01%; the Dow Jones Industrial Average closed at 15,755.36, up 0.10%; and the NASDAQ Composite finished at 4,000.98, up 0.06%. The S&P 500 Energy Sector Index closed the session at 623.30, down 0.38%; and S&P 500 Oil, Gas and Consumable fuels Industry Group Index closed at 636.93, down 0.38%. The S&P 500 Oil, Gas and Consumable Fuels Industry Group Index has gained 2.65% in the previous three months, underperforming the S&P 500, which has gained 4.58% during the same period. The major movers in the industry included Tesoro Corp. (NYSE: TSO), Penn Virginia Corp. (NYSE: PVA), Hess Corp. (NYSE: HES), and LinnCo LLC (NASDAQ: LNCO). AAAResearchReports.com has completed their technical analysis on TSO, PVA, HES, and LNCO and these free reports are accessible by registering at:
http://www.aaaresearchreports.com/register/
Tesoro Corp.'s stock fell 1.12% on Friday, closing the day at $56.30, after oscillating between $55.69 and $57.15 during the trading session. A total of 2.73 million shares were traded, which is below the daily average volume of 3.85 million. Despite Friday's pullback, the company's shares have gained 22.10% in the previous three months and 3.25% in the last one month, outperforming the S&P 500, which has gained 4.58% and has lost 1.27% during the respective periods. Moreover, Tesoro Corp.'s stock is trading above its 50-day and 200-day moving averages of $51.33 and $52.84, respectively. Sign up for free technical research on TSO at:
http://www.AAAResearchReports.com/TSO121613.pdf
Penn Virginia Corp.'s shares finished the day 2.68% lower at $9.81, after oscillating between $9.60 and $10.10 during the trading sessions. A total of 2.49 million shares were traded, which is above the daily average volume of 2.43 million. Despite Friday's decline, the company's shares have rallied 62.96% in the previous three months, outperforming the S&P 500, which has gained 4.58% during the same period. Furthermore, Penn Virginia Corp.'s stock is trading above its 50-day and 200-day moving averages of $9.04 and $5.86, respectively. Be sure to read our latest technical research on PVA by registering at:
http://www.AAAResearchReports.com/PVA121613.pdf
On Friday, Hess Corp.'s stock ended the day at $78.95, up 0.50% from the previous day's closing price of $78.56. The company's shares vacillated between $78.41 and $79.30 during the trading session. A total of 2.67 million shares were traded, which is above the daily average volume of 2.64 million. The company's shares have lost 1.24% in the previous three trading sessions, compared to a loss of 1.51% in the S&P 500 during the same period. Additionally, Hess Corp.'s stock is trading above its 200-day moving average of $74.21. Sign up and read the complimentary report on HES at:
http://www.AAAResearchReports.com/HES121613.pdf
LinnCo LLC's stock declined on Friday, finishing the day 1.80% lower at $29.39, after fluctuating between $29.05 and $30.49 during the trading session. A total of 1.52 million shares were traded, which is above the daily average volume of 0.47 million. The company's shares have lost 3.61% in the previous three trading sessions, underperforming the S&P 500, which has lost 1.51% during the same period. Further, LinnCo LLC's stock is trading below its 50-day and 200-day moving averages of $30.90 and $33.64, respectively. The free report on LNCO can be downloaded by signing up now at:
http://www.AAAResearchReports.com/LNCO121613.pdf
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SOURCE AAA Research Reports
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