Morning Technical Recap on Energy Equities -- Research on Marathon Oil, ConocoPhillips, WPX Energy and Anadarko Petroleum

LONDON, March 20, 2014 /PRNewswire/ --

On Wednesday, March 19, 2014, the NASDAQ Composite ended at 4,307.60, down 0.59%, the Dow Jones Industrial Average declined 0.70% to 16,222.17, and the S&P 500 closed at 1,860.77, down 0.61%. The losses were broad based as all the ten sectors ended the session in negative. The S&P 500 Energy Sector Index finished the day at 632.13, down 0.91%, while the same has gained 0.43% in the last one month. Investor-Edge has initiated coverage on the following equities: Marathon Oil Corp. (NYSE: MRO), ConocoPhillips (NYSE: COP), WPX Energy Inc. (NYSE: WPX) and Anadarko Petroleum Corp. (NYSE: APC). Free technical research on MRO, COP, WPX and APC can be downloaded upon signing up at:

http://www.investor-edge.com/363-register

Shares in Marathon Oil Corp. recorded a trading volume of 5.18 million shares on Wednesday, as compared with a three month average volume of 5.50 million shares. The stock ended the day at $33.29, down 1.07% after trading between $33.19 and $33.81. The company's shares traded at a PE ratio of 12.73. Shares in Marathon Oil Corp. have gained 0.63% in the previous three trading sessions, while the same has gone down by 5.69% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Marathon Oil Corp.'s 200-day moving average of $34.99 is above the 50-day moving average of $33.51. Furthermore, shares of the company are trading at the Relative Strength Index (RSI) of 51.49. Sign up today to read free research on MRO at:

http://www.investor-edge.com/363-MRO-20Mar2014.pdf

On Wednesday, ConocoPhillips's stock edged 0.88% lower to close the day at $67.50. A total of 4.32 million shares were traded which is below the three months average volume of 5.24 million. The company's shares oscillated between $67.03 and $68.41 during the trading session. ConocoPhillips's shares have advanced 1.35% in the previous three trading sessions and 3.85% in the last one month, while the same has fallen by 4.46% on YTD basis. The stock is trading above its 50-day moving average. ConocoPhillips's 200-day moving average of $67.78 is above the 50-day moving average of $66.51. Further, the company's stock is trading at a PE ratio of 13.20 and at the Relative Strength Index (RSI) of 65.80. Sign up today to read free research on COP at:

http://www.investor-edge.com/363-COP-20Mar2014.pdf

Shares in WPX Energy Inc. advanced 0.28% on Wednesday, finishing the session at $18.23. The stock recorded a trading volume of 3.80 million shares as compared to a three months average volume of 3.15 million shares. The stock fluctuated between $17.93 and $18.30 during the session. WPX Energy Inc.'s shares have surged 3.64% in the previous three trading sessions and 3.17% in the last one month, while the same has lost 10.55% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. WPX Energy Inc.'s 200-day moving average of $19.29 is above the 50-day moving average of $18.45. Moreover, the stock is trading at the Relative Strength Index (RSI) of 52.68. Sign up today to read free research on WPX at:

http://www.investor-edge.com/363-WPX-20Mar2014.pdf

On Wednesday, shares in Anadarko Petroleum Corp. witnessed a trading volume of 3.05 million shares, as compared with a three month average volume of 4.30 million shares. The stock ended the day at $82.40, down 1.08% after vacillating between $82.04 and $83.45. Shares in Anadarko Petroleum Corp. have advanced 0.49% in the previous three trading sessions, 4.28% in the last three months and 3.88% on YTD basis. The stock is trading at a PE ratio of 20.11 and above its 50-day moving average. Anadarko Petroleum Corp.'s 200-day moving average of $87.66 is above the 50-day moving average of $81.84. Additionally, the company's shares are trading at the Relative Strength Index (RSI) of 51.60. Sign up today to read free research on APC at:

http://www.investor-edge.com/363-APC-20Mar2014.pdf


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EDITOR'S NOTES:
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