Pre-Market Analysis: Whiting Petroleum Corp., Concho Resources Inc., Bill Barrett Corp., and Rowan Cos PLC
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LONDON, November 8, 2013 /PRNewswire/ --
On Thursday, November 07, 2013, the S&P 500 ended the day at 1,747.15, down 1.32%; the Dow Jones Industrial Average closed at 15,593.98, down 0.97%; and the NASDAQ Composite finished at 3,857.33, down 1.90%. Shares in the oil and gas drilling and exploration industry posted losses, as the broader market declined. The major movers in the industry included Whiting Petroleum Corp. (NYSE: WLL), Concho Resources Inc. (NYSE: CXO), Bill Barrett Corp. (NYSE: BBG), and Rowan Cos PLC (NYSE: RDC). All these companies are tracked by AAAResearchReports.com. Free technical research on WLL, CXO, BBG, and RDC can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
Shares in Whiting Petroleum Corp. plummeted on Thursday, tracking losses in the broader market. The company's shares oscillated between $61.41 and $65.96 before finishing the day 3.61% lower at $62.70. A total of 3.74 million shares were traded, which is above the daily average volume of 2.02 million. Despite Thursday's decline, Whiting Petroleum Corp.'s shares have surged 22.63% in the previous three months, outperforming the S&P 500, which has advanced 3.33% during the same period. Further, the company's stock is trading above its 50-day and 200-day moving averages of $60.38 and $51.32, respectively. Sign up and read the complimentary report on WLL at:
http://www.AAAResearchReports.com/WLL110813.pdf
On Thursday, Concho Resources Inc.'s stock ended the day at $105.80, which is 1.01% lower than the previous day's closing price of $106.88. The company's shares fluctuated between $99.99 and $109.36 during the trading session. A total of 4.09 million shares were traded, which is above the daily average volume of 1.21 million. Despite Thursday's pullback, the company's shares have gained 12.55% in the previous three months, compared to a gain of 3.33% in the S&P 500 during the same period. Additionally, Concho Resources Inc.'s stock is trading above its 200-day moving average $93.91. The free report on CXO can be downloaded by signing up now at:
http://www.AAAResearchReports.com/CXO110813.pdf
Bill Barrett Corp.'s stock also plummeted on Thursday, tracking losses in the U.S. equity markets. The company's shares ended the day 5.57% lower at $27.48, after oscillating between 27.43 and $29.11 during the trading session. A total of 1.95 million shares were traded, which is above the daily average volume of 1.05 million. The company's shares have gained 26.40% in the previous three months and 9.31% in the last one month, outperforming the S&P 500, which has gained 3.33% and 4.24% during the respective periods. Despite Thursday's losses, Bill Barrett Corp.'s stock is trading above its 50-day and 200-day moving averages of $25.44 and $21.70, respectively. A free report on BBG can be accessed by registering at:
http://www.AAAResearchReports.com/BBG110813.pdf
On Thursday, Rowan Cos PLC's stock ended the session 0.08% lower than the previous day's price of $36.90. The company's shares oscillated between $36.48 and $37.40 before closing the day at $36.87. A total of 2.51 million shares were traded, which is above the daily average volume of 1.19 million. The company's shares have gained 1.54% in the last three trading sessions and 3.68% in the previous three months, outperforming the S&P 500, which has lost 1.18% and has gained 3.33% during the respective periods. Further, Rowan Companies PLC's stock is trading above its 50-day and 200-day moving averages of $36.85 and $35.04, respectively. Register with AAA Research Reports and download research on RDC for free at:
http://www.AAAResearchReports.com/RDC110813.pdf
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