Early Morning Insight: Valero Energy Corp., HollyFrontier Corp., PBF Energy Inc., and Northern Tier Energy L.P.
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LONDON, August 27, 2013 /PRNewswire/ --
The U.S. equity market kicked off the week on a disappointing note on Monday, August 26, 2013, as all three benchmark indexes edged lower. The Dow Jones Industrial Average fell by 0.43% to close at 14,946.46, the S&P 500 fell by 0.40% to close at 1,656.78, and the NASDAQ composite declined by 0.01% to close at 3,657.57. The oil and gas refining &marketing industry ended mostly lower on Monday, tracking losses in the broader market. The major movers in the sector included Valero Energy Corporation (NYSE: VLO), HollyFrontier Corporation (NYSE: HFC), PBF Energy Inc. (NYSE: PBF), and Northern Tier Energy LP (NYSE: NTI). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on VLO, HFC, PBF, and NTInow at:
http://www.aaaresearchreports.com/register/
Shares in Valero Energy Corporation fell sharply on Monday, as the broader market declined. The company's shares fluctuated between $35.99 and $36.58 before ending the day 1.04% lower at $36.02. A total of 3.85 million shares were traded, which is below the daily average volume of 7.33 million. Despite the recent decline, the company's shares have gained 1.75% in the last three trading sessions, compared to a gain of 0.85% in the S&P 500 during the same period. Further, Valero Energy Corporation's stock is trading above its 50-day moving average. Download free research on VLO today by registering at:
http://www.AAAResearchReports.com/VLO082713.pdf
HollyFrontier Corporation's stock also fell sharply on Monday. The company's shares ended the day at $45.40, down 1.24%, after fluctuating between $45.19 and $46.21. A total of 1.26 million shares were traded, which is below the daily average volume of 2.92 million. HollyFrontier Corporation's stock has fallen by1.02% in the previous three trading sessions. However, the company's shares have gained 3.47% in the last one month, outperforming the S&P 500 which has lost 2.06% during the same period. Additionally, HollyFrontier Corporation's stock is trading above its 50-day moving average. Sign up and have access to our free report on HFC at:
http://www.AAAResearchReports.com/HFC082713.pdf
On Monday, shares in PBF Energy Inc. fell 1.23%, before finishing the day at $22.53. The company's shares fluctuated between $22.46 and $22.89. A total of 0.63 million shares were traded, which is below the daily average volume of 1.31 million. The company's stock has gained 2.97% in the last three trading sessions, compared to a rise of 0.85% in the S&P 500 during the same period. However, PBF Energy Inc.'s stock continues to trade below its 50-day moving average. Sign up and read the complimentary report on PBF at:
http://www.AAAResearchReports.com/PBF082713.pdf
Shares in Northern Tier Energy LP ended 1.06% higher on Monday, extending gains from previous trading sessions. The company's stock oscillated between $20.66 and $21.33 before closing the day at $21.07. A total of 1.30 million shares were traded, which is below the daily average volume of 1.40 million. In the last three trading sessions, the company's shares have gained 2.08%, outperforming the S&P 500 which has gained 0.85% during the same period. The free report on NTI can be downloaded by signing up now at:
http://www.AAAResearchReports.com/NTI082713.pdf
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SOURCE AAA Research Reports
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