Pre-Market Analysis: Chevron Corp., Statoil ASA, Ecopetrol S.A., and Eni SpA

LONDON, November 7, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

On Wednesday, November 6, 2013, the U.S. equity market ended on a mixed note. The S&P 500 and the Dow Jones Industrial Average gained 0.43% and 0.82%, respectively, while the NASDAQ Composite fell by 0.20%. Shares in the major integrated oil and gas industry ended on a higher note, even as the broader market fluctuated between gains and losses. The major movers in the industry included Chevron Corp. (NYSE: CVX), Statoil ASA (NYSE: STO), Ecopetrol S.A. (NYSE: EC), and Eni SpA (NYSE: E). All these companies are tracked by AAAResearchReports.com. Free technical research on CVX, STO, EC, and E can be downloaded upon signing up at:

http://www.aaaresearchreports.com/register/  

Shares in Chevron Corp. finished the day 2.27% higher at $121.14 after fluctuating between $118.82 and $121.41 during the trading session. A total of 8.36 million shares were traded, which is above the daily average volume of 5.57 million. The company's shares have gained 2.65% in the previous three trading sessions, outperforming the S&P 500, which has advanced 0.50% during the same period. Furthermore, Chevron Corp.'s stock is trading above its 50-day and 200-day moving averages of $120.92 and $120.45, respectively. Sign up and read the complimentary report on CVX at:

http://www.AAAResearchReports.com/CVX110713.pdf

On Wednesday, Statoil ASA's shares gained 1.11%, even as the broader market finished on a mixed note. The company's shares finished the day at $23.77 after fluctuating between $23.68 and $23.85 during the trading session. A total of 0.83 million shares were traded, which is below the daily average volume of 1.37 million. The company's stock has gained 11.81% in the previous three months and 0.68% in the last three trading sessions, compared to a gain of 4.31% and 0.50% in the S&P 500 during the respective periods. Moreover, Statoil ASA's shares are trading above their 50-day and 200-day moving averages of $22.86 and $23.21, respectively. The free report on STO can be downloaded by signing up now at:

http://www.AAAResearchReports.com/STO110713.pdf  

Ecopetrol S.A.'s stock advanced on Wednesday, closing the session at an intra-day high of $46.45, up 1.15% from the previous day's closing price of $45.92. The company's shares oscillated between $45.88 and $46.45 during the trading session. A total of 0.19 million shares were traded, which is below the daily average volume of 0.29 million. The company's shares have advanced 0.96% in the previous one month, compared to a gain of 4.73% in the S&P 500 during the same period. However, Ecopetrol S.A.'s stock is trading below its 50-day and 200-day moving averages of $46.68 and $48.63, respectively. A free report on EC can be accessed by registering at:

http://www.AAAResearchReports.com/EC110713.pdf

Shares in Eni SpA ended the day at $49.44, up 0.02%, after fluctuating between $49.36 and $49.79 during the trading session. A total of 0.10 million shares were traded, which is below the daily average volume of 0.20 million. The company's shares have gained 9.43% in the last three months and 6.12% in the previous one month, compared to a gain of 4.31% and 4.73% in the S&P 500 during the respective periods. Furthermore, Eni SpA's stock is trading above its 50-day and 200-day moving averages of $47.42 and $46.24, respectively. Register with AAA Research Reports and download research on E for free at:

http://www.AAAResearchReports.com/E110713.pdf

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SOURCE AAA Research Reports

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