Technical Report on Oil and Gas Refining and Marketing Stocks -- Green Plains, Pacific Ethanol, Valero Energy, Marathon Petroleum, and Phillips 66
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LONDON, August 1, 2014 /PRNewswire/ --
On Thursday, July 31, 2014, the NASDAQ Composite ended at 4,369.77, down 2.09%, the Dow Jones Industrial Average finished the day 1.88% lower at 16,563.30, and the S&P 500 closed at 1,930.67, down 2.00%. The losses were broad based as all the ten sectors ended the session in negative. The S&P 500 Energy Sector Index ended the day at 702.87, down 2.42%, and the index has declined 3.40% in the last one month. Investor-Edge has initiated coverage on the following equities: Green Plains Inc. (NASDAQ: GPRE), Pacific Ethanol Inc. (NASDAQ: PEIX), Valero Energy Corporation (NYSE: VLO), Marathon Petroleum Corporation (NYSE: MPC), and Phillips 66 (NYSE: PSX). Free research on these five companies can be accessed at:
http://investor-edge.com/register
On Thursday, Green Plains Inc.'s stock recorded a trading volume of 1.79 million shares, higher than its three months average volume of 1.06 million shares. The stock finished the day at $37.49, down 2.67%, and registered an intraday range of $37.25 and $38.66. Green Plains Inc.'s shares have surged 14.06% in the last one month and 25.38% in the past three months. Also, the stock has gone up 93.45% on YTD basis. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $33.17 is above its 200-day moving average of $25.16. Additionally, shares of Green Plains Inc. traded at a PE ratio of 13.38 and have a Relative Strength Index (RSI) of 64.42. Sign up and read the free notes on GPRE at:
http://www.Investor-Edge.com/GPRE-01Aug2014
Pacific Ethanol Inc.'s stock declined 5.16%, to close Thursday's session at $17.84, after oscillating between $17.17 and $18.23. The stock recorded a trading volume of 1.60 million shares, above its three months average volume of 1.12 million shares. Over the last one month and past three months, Pacific Ethanol Inc.'s shares have gained 16.68% and 14.36%, respectively. Also, from the beginning of 2014, the stock has rallied 250.49%. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $15.21 is above its 200-day moving average of $10.25. Further, the stock traded at a PE ratio of 53.09 and has an RSI of 76.14. On July 30, 2014, Pacific Ethanol Inc. announced its Q2 FY2014 financial results. For Q2 FY2014, the company reported net income attributable to Pacific Ethanol Inc. of $15.30 million, or $0.68 per diluted share. The complimentary notes on PEIX can be downloaded as in PDF format at:
http://www.Investor-Edge.com/PEIX-01Aug2014
On Thursday, shares in Valero Energy Corp. finished the session 1.48% higher at $50.80. A total of 11.04 million shares were traded, which was above its three months average volume of 7.58 million shares. The stock moved between $49.38 and $51.50 during the session. Over the past three trading sessions and last one month, Valero Energy Corp.'s shares have advanced 3.59% and 1.40%, respectively. Also, the stock has gained 0.79% since the start of this year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $52.44 is greater than its 200-day moving average of $50.11. Shares of Valero Energy Corp. traded at a PE ratio of 8.03 and have an RSI of 47.84. Register for free on Investor-Edge and access the latest research on VLO at:
http://www.Investor-Edge.com/VLO-01Aug2014
Marathon Petroleum Corp.'s stock fluctuated between $81.28 and $84.98 before ending Thursday's session up 5.70%, at $83.48. The stock reported a trading volume of 7.91 million shares, above its three months average volume of 3.20 million shares. Further, Marathon Petroleum Corp.'s shares have surged 7.31% over the past three trading sessions and 6.93% over the last one month. However, the stock has lost 8.99% on YTD basis. The company's stock is trading above its 50-day moving average. The stock's 200-day moving average of $84.51 is greater than its 50-day moving average of $83.06. Moreover, shares of the company traded at a PE ratio of 13.42 and have an RSI of 47.16. On the same day, Marathon Petroleum Corp. announced its Q2 FY2014 financial results. For Q2 FY2014, the company reported net income attributable to Marathon Petroleum Corp. of $855.00 million, or $2.95 per diluted share. The complete research on MPC is available for free at:
http://www.Investor-Edge.com/MPC-01Aug2014
Phillips 66's stock fell by 0.75%, to close Thursday's session at $81.11, after vacillating between $80.56 and $82.51. The stock recorded a trading volume of 3.12 million shares, below its three months average volume of 3.38 million shares. Over the last one month and from the beginning of 2014, Phillips 66' shares have gone up 0.85% and 5.16%, respectively. However, over the past three months, the stock has declined 2.54%. The company's stock is trading above its 200-day moving average. The stock's 50-day moving average of $82.35 is above its 200-day moving average of $76.38. Further, Phillips 66's stock traded at a PE ratio of 15.04 and has an RSI of 50.68. Free in depth research on PSX is available at:
http://www.Investor-Edge.com/PSX-01Aug2014
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