Technical Scrutiny: WPX Energy Inc., Denbury Resources Inc., Cobalt Intl. Energy Inc., and Continental Resources Inc.
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LONDON, August 13, 2013 /PRNewswire/ --
The U.S. equity market ended on a mixed note on Monday, August 12, 2013. The NASDAQ Composite posted some gains, while the S&P 500 and the Dow Jones Industrial Average ended slightly lower. Shares in the independent oil and gas industry ended on a mixed note, tracking the broader market. The major movers in the sector included WPX Energy Inc. (NYSE: WPX), Denbury Resources Inc. (NYSE: DNR), Cobalt International Energy Inc. (NYSE: CIE), and Continental Resources Inc. (NYSE: CLR). AAAResearchReports.com tracked WPX, DNR, CIE, and CLR. These reports can be seen for free at:
http://www.aaaresearchreports.com/register/
Shares in WPX Energy Inc. fell sharply on Monday. The company's shares oscillated between $18.91 and $19.23 before finishing the day 1.15% lower at $18.94. A total of 2.02 million shares were traded which is below the daily average volume of 2.44 million. WPX Energy's shares have fallen 0.68% in the last three trading sessions, and 4.58% in the past one month. Despite recent losses, the company's shares have gained 10.63% in the last three months, outperforming the S&P 500 which has gained 3.41% during the same period. Download free research on WPX by signing up now at:
http://www.AAAResearchReports.com/WPX081313.pdf
Denbury Resources Inc.'s shares edged higher on Monday, extending their gains from the previous trading session. The company's shares fluctuated between $17.37 and $17.61 before closing the day 0.11% higher at $17.54. A total of 4.12 million shares were traded which is below the daily average volume of 4.82 million. Denbury Resources' shares have gained 1.62% in the last three trading sessions. Furthermore, the stock is now trading above its 200-day moving average. Register for today's free analysis on DNR at:
http://www.AAAResearchReports.com/DNR081313.pdf
Shares in Cobalt International Energy Inc. oscillated between $29.01 and $29.46 on Monday before finishing the day 0.21% higher at $29.25. A total of 1.34 million shares were traded which is below the daily average volume of 3.00 million. The company's shares have gained 8.53% in the last three months, outperforming the S&P 500 which has gained 3.41% during the same period. A free report on CIE can be accessed by registering at:
http://www.AAAResearchReports.com/CIE081313.pdf
On Monday, Continental Resources Inc.'s stock fell 1.25%. The company's shares fluctuated between $94.37 and $95.95 before finishing the day at $94.57. A total of 1.36 million shares were traded which is above the daily average volume of 1.05 million. Further, the shares have gained 14.69% in the last three months, and are trading above the 50-day and 200-day moving averages. Register with AAA Research Reports and download research on CLR for free at:
http://www.AAAResearchReports.com/CLR081313.pdf
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SOURCE AAA Research Reports
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