Pre-Market Analysis: Phillips 66, Marathon Petroleum, Delek US, and Eagle Rock Energy
LONDON, July 2, 2013 /PRNewswire/ --
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On Monday, July 1, 2013, shares in U.S. oil & gas refining & marketing companies ended mostly lower even as the broader market kicked off the third quarter of 2013 on a positive note. All three benchmark indexes ended in green, supported by a set of strong economic reports. The major movers in the industry included Phillips 66 (NYSE: PSX), Marathon Petroleum Corp. (NYSE: MPC), 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 PSX, MPC, DK, and EROC can be downloaded upon sign up at:
http://www.aaaresearchreports.com/register/
Shares in Phillips 66 ended nearly flat on Monday after fluctuating between gains and losses. The company's shares oscillated between $58.67 and $60.24 before finishing the day 0.02% lower at $58.90. A total of 3.49 million shares were traded which is slightly below the daily average volume of 3.53 million. The stock is currently trading below its 50-day moving average. Sign up and read the complimentary report on PSX at:
http://www.AAAResearchReports.com/PSX070213.pdf
Marathon Petroleum Corp.'s stock slipped on Monday, extending its losses from previous trading sessions. The company's shares ended the day 0.96% lower at $70.38 after fluctuating between $70.05 and $72.65. A total of 2.78 million shares were traded which is below the daily average volume of 2.91 million. Marathon Petroleum's shares have fallen 2.83% in the last three trading sessions. The free report on MPC can be downloaded by signing up now at:
http://www.AAAResearchReports.com/MPC070213.pdf
Shares in Delek US Holdings Inc. fell sharply on Monday, extending their losses from previous trading sessions. The company's shares ended the day 2.57% lower at $28.04 after oscillating between $28.02 and $29.26. A total of 847,640 shares were traded which is above the daily average volume of 712,198. Delek's shares have fallen 6.60% in the last three trading sessions. A free report on DK can be accessed by registering at:
http://www.AAAResearchReports.com/DK070213.pdf
Eagle Rock Energy Partners L.P.'s stock ended 0.25% lower on Monday even as the broader market edged higher. The company's shares closed the day at $7.85 after oscillating between $7.80 and $7.90. A total of 685,397 shares were traded which is above the daily average volume of 579,085. The stock is currently trading below its 50-day and 200-day moving averages. Register with AAA Research Reports and download research on EROC for free at:
http://www.AAAResearchReports.com/EROC070213.pdf
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SOURCE AAA Research Reports
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