Energy Sector Sector Update: Marathon Petroleum, Phillips 66, Delek US Holdings, and Eagle Rock Energy Partners
LONDON, January 2, 2014 /PRNewswire/ --
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On Tuesday, December 31, 2013, the US equity market ended on a higher note as the S&P 500 ended the day at 1,848.36, up 0.40%; the Dow Jones Industrial Average closed at 16,576.66, up 0.44%; and the NASDAQ Composite finished at 4,176.59, up 0.54%. The S&P 500 Energy Sector Index advanced 0.91% to end the day at 651.67. The S&P 500 Oil & Gas Refining & Marketing Sub Industry Index ended the day at 567.02, up 3.45% and the same has advanced 9.82% in the last one month and 39.41% in the previous three months, outperforming the S&P 500, which has gained 2.36% and 9.05% during the respective periods. The major movers in the industry included Marathon Petroleum Corporation (NYSE: MPC), Phillips 66 (NYSE: PSX), Delek US Holdings Inc. (NYSE: DK), and Eagle Rock Energy Partners L.P. (NASDAQ: EROC). All these companies are tracked by AAAResearchReports.com. Free technical research on MPC, PSX, DK, and EROC can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
On Tuesday, Marathon Petroleum Corp.'s stock surged to end the day at $91.73, up 3.65% from the previous day's closing price of $88.50. The company's shares oscillated between $89.13 and $91.95 during the trading session. A total of 3.21 million shares were traded, which is below the daily average volume of 3.69 million. The company's shares have surged 10.87% in the last one month and 42.68% in the previous three months, outperforming the S&P 500, which has gained 2.36% and 9.05% during the respective periods. Furthermore, Marathon Petroleum Corp.'s stock is trading near its 52-week high of $92.73 and above its 50-day and 200-day moving averages of $79.94 and $76.28, respectively. Sign up and read the complimentary report on MPC at:
http://www.AAAResearchReports.com/MPC010214.pdf
Phillips 66's stock edged higher on Tuesday, hitting a new 52-week high of $77.29. The company's stock closed the day at $77.13, up 3.23% from the previous day's closing price of $74.72. A total of 2.99 million shares were traded, which is below the daily average volume of 3.41 million. The company's shares have gained 10.80% in the last one month and 33.21% in the previous three months, outperforming the S&P 500, which has gained 2.36% and 9.05% during the respective periods. Moreover, Phillips 66's stock is trading above its 50-day and 200-day moving averages of $68.74 and $62.70, respectively. The free report on PSX can be downloaded by signing up now at:
http://www.AAAResearchReports.com/PSX010214.pdf
On Tuesday's, shares in Delek US Holdings Inc. finished the day at $34.41, which is 3.64% higher than the previous day's closing price of $33.20. The company's shares vacillated between $33.50 and $34.49 during the trading session. A total of 0.81 million shares were traded, which is below the daily average volume of 0.94 million. The company's shares have surged 13.71% in the last one month and 62.69% in the previous three months, outperforming the S&P 500, which has gained 2.36% and 9.05% during the respective periods. Additionally, Delek US Holdings Inc.'s stock is trading above its 50-day and 200-day moving averages of $28.50 and $29.82, respectively. A free report on DK can be accessed by registering at:
http://www.AAAResearchReports.com/DK010214.pdf
Shares in Eagle Rock Energy Partners L.P. rose 3.66% on Tuesday, closing the day at $5.95. The company's shares fluctuated between $5.76 and $6.03 during the trading session. A total of 2.05 million shares were traded, which is above the daily average volume of 1.14 million. Despite Tuesday's gains, the company's shares have fallen by 4.19% in the previous three trading sessions and 18.16% in the last three months, underperforming the S&P 500, which has gained 0.34% and 9.05% during the respective periods. Furthermore, Eagle Rock Energy Partners L.P.'s stock is trading above its 50-day moving average of $5.92. Register with AAA Research Reports and download research on EROC for free at:
http://www.AAAResearchReports.com/EROC010214.pdf
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SOURCE AAA Research Reports
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