Pre-Market Analysis: Kodiak Oil & Gas Corp., Penn West Petroleum Ltd, Energy Transfer Partners L.P., and Enbridge Inc.
LONDON, November 18, 2013 /PRNewswire/ --
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The U.S. equity market edged higher on Friday, November 15, 2013. The S&P 500 ended the day at 1,798.18, up 0.42%; the Dow Jones Industrial Average closed at 15,961.70, up 0.54%; and the NASDAQ Composite finished at 3,985.97, up 0.33%. Shares in the basic material-oil and gas sector mostly ended on a positive note, tracking gains in the broader market. The major movers in the sector included Kodiak Oil & Gas Corp. (NYSE: KOG), Penn West Petroleum Ltd (NYSE: PWE), Energy Transfer Partners L.P. (NYSE: ETP), and Enbridge Inc. (NYSE: ENB). All these companies are tracked by AAAResearchReports.com. Free technical research on KOG, PWE, ETP, and ENB can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
Kodiak Oil & Gas Corp.'s stock fell by 1.78% on Friday, even as the U.S. equity market edged higher. The company's shares finished the day at $12.14 after fluctuating between $12.04 and $12.36 during the trading session. A total of 4.57 million shares were traded, which is below the daily average volume of 6.24 million. Despite Friday's decline, the company's shares have gained 25.28% in the previous three months and 2.45% in the last three days, outperforming the S&P 500, which has gained 8.60% and 1.72% during the respective periods. Additionally, Kodiak Oil & Gas Corp.'s stock is trading above its 200-day moving average of $9.80. Sign up and read the complimentary report on KOG at:
http://www.AAAResearchReports.com/KOG111813.pdf
Penn West Petroleum Ltd's stock surged 2.43% on Friday, closing at $8.42 after oscillating between $8.10 and $8.44 during the trading session. A total of 3.80 million shares were traded, which is above the daily average volume of 1.91 million. The company's shares have gained 0.48% in the previous three trading sessions, underperforming the S&P 500, which has gained 1.72% during the same period. Further, Penn West Petroleum Ltd's stock is trading below its 50-day and 200-day moving averages of $10.85 and $10.71, respectively. The free report on PWE can be downloaded by signing up now at:
http://www.AAAResearchReports.com/PWE111813.pdf
Shares in Energy Transfer Partners L.P. edged higher on Friday, closing the day at $53.13, which is 0.66% higher than the previous day's closing price of $52.78. The company's shares fluctuated between $52.65 and $53.26 during the trading session. A total of 0.78 million shares were traded, which is below the daily average volume of 0.92 million. Energy Transfer Partners L.P.'s shares have advanced 4.38% in the previous three months, underperforming the S&P 500, which has gained 8.60% during the same period. However, the company's stock is trading above its 50-day and 200-day moving averages of $52.28 and $50.24, respectively. A free report on ETP can be accessed by registering at:
http://www.AAAResearchReports.com/ETP111813.pdf
Enbridge Inc.'s shares advanced on Friday, tracking gains in the broader market. The company's shares closed at an intra-day high of $43.32, up 0.46%, after oscillating between $42.94 and $43.32 during the trading session. A total of 0.45 million shares were traded, which is below the daily average volume of 0.82 million. The company's shares have gained 3.91% in the previous one month, outperforming the S&P 500, which has gained 3.08% during the same period. Further, Enbridge Inc.'s stock is trading above its 50-day moving average of $42.12. Register with AAA Research Reports and download research on ENB for free at:
http://www.AAAResearchReports.com/ENB111813.pdf
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