Pre-Market Analysis: Kodiak Oil & Gas Corp., Penn West Petroleum Ltd, Energy Transfer Partners L.P., and Enbridge Inc.
LONDON, November 18, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
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
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
AAAresearchreports.com
SOURCE AAA Research Reports
Share this article