Technical Research on Oil & Gas Equities -- BP PLC, Chevron, Encana, and Exxon Mobil
NEW YORK, Nov. 8, 2017 /PRNewswire/ -- If you want a Stock Review on BP, CVX, ECA, or XOM then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com explores the Major Integrated Oil and Gas space, which differs from the rest of the industry for the simple fact that its operations involve the integration of most or all aspects of the value chain, from exploration to marketing and retail. Equities in today's lineup are: BP PLC (NYSE: BP), Chevron Corp. (NYSE: CVX), Encana Corp. (NYSE: ECA), and Exxon Mobil Corp. (NYSE: XOM). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
http://dailystocktracker.com/register/
BP PLC
On Tuesday, shares in London, the UK headquartered BP PLC recorded a trading volume of 4.71 million shares, which was higher than their three months average volume of 4.63 million shares. The stock ended the day at $41.48, climbing 0.17% from the last trading session. The Company's shares have advanced 7.85% in the past month, 14.71% in the previous three months, and 10.97% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.72% and 16.27%, respectively. Furthermore, shares of BP PLC, which operates as an integrated oil and gas company worldwide, have a Relative Strength Index (RSI) of 82.54. Sign up and read the free research report on BP at:
http://dailystocktracker.com/registration/?symbol=BP
Chevron
San Ramon, California headquartered Chevron Corp.'s stock rose 0.17%, finishing yesterday's session at $117.24. A total volume of 5.22 million shares was traded, which was above their three months average volume of 5.03 million shares. The Company's shares have gained 5.73% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 1.39% and 6.89%, respectively. Additionally, shares of Chevron, which through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide, have an RSI of 53.19.
On October 18th, 2017, research firm Societe Generale downgraded the Company's stock rating from 'Buy' to 'Hold'.
On October 30th, 2017, Chevron announced a seven-year partnership with Microsoft Corp., establishing it as Chevron's primary cloud provider, accelerating the application of advanced technologies including analytics and the Internet of Things to drive performance and improve efficiencies. The Microsoft strategic partnership is also part of Chevron's overall digitization initiative, a multi-year effort to streamline information technology operations around a digital core connecting the Company's engineers and operations through nimble analytics and increased automation. The complimentary research report on CVX can be downloaded at:
http://dailystocktracker.com/registration/?symbol=CVX
Encana
Shares in Calgary, Canada headquartered Encana Corp. ended the session 1.24% lower at $12.75. The stock recorded a trading volume of 13.38 million shares, which was above its three months average volume of 12.14 million shares. The Company's shares have gained 12.63% in the last one month, 30.37% over the previous three months, and 8.60% on an YTD basis. The stock is trading 16.81% above its 50-day moving average and 19.75% above its 200-day moving average. Moreover, shares of Encana, which together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the US, have an RSI of 71.75.
On October 11th, 2017, research firm Barclays reiterated its 'Overweight' rating on the Company's stock with an increase of the target price from $9 a share to $12 a share.
On November 01st, 2017, Encana announced that it will release its Q3 2017 results on November 08th, 2017. A conference call and webcast will be held for the investment community the same day at 9:00 a.m. ET to discuss the results. The live audio webcast of the conference call, including slides, will be available on the Company's website. Register for free on DailyStockTracker.com and access the latest report on ECA at:
http://dailystocktracker.com/registration/?symbol=ECA
Exxon Mobil
At the closing bell on Tuesday, Irving, Texas headquartered Exxon Mobil Corp.'s stock declined 0.20%, finishing at $83.58. A total volume of 8.43 million shares was traded. The Company's shares have gained 1.89% in the last month and 4.20% over the previous three months. The stock is trading 3.04% and 2.74% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Exxon Mobil have an RSI of 62.20.
On October 27th, 2017, Exxon Mobil announced that it has completed an agreement to purchase half of Statoil's interest in the BM-S-8 block offshore Brazil, which contains part of the pre-salt Carcara oil field. The Carcara field contains an estimated recoverable resource of two billion barrels of high-quality oil. The block is located approximately 200 miles offshore Rio de Janeiro.
On November 07th, 2017, research firm HSBC Securities downgraded the Company's stock rating from 'Hold' to 'Reduce'. The free research report on XOM can be downloaded at:
http://dailystocktracker.com/registration/?symbol=XOM
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