Pre-Market Analysis: Ultra Petroleum Corp., Apache Corp., Range Resources Corp., and Endeavour Intl. Corp.
LONDON, August 30, 2013 /PRNewswire/ --
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The U.S. equity market managed to post gains on Thursday, August 29, 2013. The S&P 500 ended 0.20% higher at 1,638.17, and the NASDAQ closed the day 0.75% higher at 3,620.30. Shares in the oil & gas companies ended on a declining note, even as the broader market edged higher. The major movers in the sector included Ultra Petroleum Corporation (NYSE: UPL), Apache Corporation (NYSE: APA), Range Resources Corporation (NYSE: RRC), and Endeavour International Corporation (NYSE: END). All these companies are tracked by AAAResearchReports.com. Free technical research on UPL, APA, RRC, and END can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
Shares in Ultra Petroleum Corporation ended almost flat on Thursday. After oscillating between $20.50 and $21.07, the company's shares ended the day 0.05% lower at $21.00. A total of 3.00 million shares were traded which is above the daily average volume of 2.73 million. The shares of the company have lost 0.94% in last three trading sessions, outperforming the S&P 500 which has lost 1.12% during the same period. Further, the shares are trading above their 200-day moving average. Sign up and read the complimentary report on UPL at:
http://www.AAAResearchReports.com/UPL083013.pdf
Apache Corporation's stock ended lower on Thursday, finishing at $78.64, down 0.67% from its previous closing price. The company's shares oscillated between $78.42 and $79.05. A total of 1.74 million shares were traded which is below the daily average volume of 3.40 million. The stock has lost 1.37% in the last three trading sessions, underperforming the S&P 500 which has lost 1.12% during the same period. Moreover, the shares are trading below their 50-day and 200-day moving averages. The free report on APA can be downloaded by signing up now at:
http://www.AAAResearchReports.com/APA083013.pdf
Shares in Range Resources Corporation ended the day 1.50% lower at $75.57 after fluctuating between $75.10 and $76.89. A total of 1.15 million shares were traded which is below the daily average volume of 1.45 million. Range Resources Corporation's shares have lost 1.60% in the last three months as compared to a loss of 0.62% in the S&P 500 during the same period. Furthermore, the company's shares are trading above below the 200-day moving averages. A free report on RRC can be accessed by registering at:
http://www.AAAResearchReports.com/RRC083013.pdf
Shares in Endeavour International Corporation fell sharply on Thursday, even as the broader market edged higher. The company's shares oscillated between $5.01 and $5.24 before finishing the day 2.68% lower at $5.08. A total of 0.39 million shares were traded which is below the daily average volume of 0.56 million. The company's shares have gained 21.82% in the last one month, and 57.76% in the last three months, outperforming the S&P 500 which has declined 2.80% and 0.62% in the respective periods. Additionally, the stock is trading above its 50-day and 200-day moving averages. Register with AAA Research Reports and download research on END for free at:
http://www.AAAResearchReports.com/END083013.pdf
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SOURCE AAA Research Reports
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