Pre-Market Analysis on Newfield Exploration, Cabot Oil & Gas, Penn Virginia, and Linn Co.

 Pre-Market Analysis on Newfield Exploration, Cabot Oil & Gas, Penn Virginia,
                                 and Linn Co.

PR Newswire

LONDON, March 27, 2013

LONDON, March 27, 2013 /PRNewswire/ --

Markets buoyed on the positive report about housing data and Fed policies, but
fears about a Cyprus meltdown still looms. Overall market sentiments remained
bullish as energy stocks also surged. Our research team took a look at Basic
Material sector including major companies in the Independent Oil & Gas
industry like Newfield Exploration Co. (NYSE: NFX), Cabot Oil & Gas
Corporation (NYSE: COG), Penn Virginia Corporation (NYSE: PVA) and LinnCo LLC
(NASDAQ: LNCO). StockCall has posted free technical research on NFX, COG, PVA,
and LNCO which can be downloaded upon sign up at

Newfield Exploration Co. closed its latest trading session at $22.64, up 0.40
percent from its previous close. The stock traded in the range of $22.51 and
$22.89 in Tuesday's session with volume of 1.65 million. It is likely to face
its first resistance level at $22.85 and upon breaching this level the stock
may go up to $22.90. On the downside, Newfield Exploration may tumble to
$22.35 level. The stock is highly volatile as it sports the beta of 1.46. So
far in 2013, it declined 36.76 percent whereas in the past 52 weeks, it lost
12.21 percent of its value. The stock is in a bullish mode. Sign up and read
the complimentary report on NFX at

Cabot Oil & Gas Corporation's stock is up 38.75 percent on a YTD basis, thanks
to its 0.49 percent gain in the previous trading session. The stock closed at
$67.75 after trading in the range of $66.76 and $68.21 on Monday. It shows a
bullish streak and may touch $67.90 level. Its second resistance level is at
$71.10. The stock traded 1.67 million shares during yesterday's session, down
from its average trading volume of 2.45 million. Cabot Oil & Gas gained 108.33
percent in the past 52 weeks and has kept up the momentum so far in 2013. It
is currently trading above its short-term moving average price of $65.26. The
free report on COG can be downloaded by signing up now at

Penn Virginia Corporation's stock trimmed its YTD losses with 0.48 percent
gain in Tuesday's trading session. The stock traded in the range of $4.07 and
$4.21 and closed at $4.15 yesterday. However, it traded higher than average
number of shares at 1.89 million. The stock is in a bullish mode and is likely
to maintain its upward ascent in the coming sessions. Its first resistance
level is at $4.39 and it may test the support level of $4.05 in the next
sessions. Free report on PVA can be accessed by registering at

LinnCo LLC closed yesterday's trading session at $38.86, up 1.09 percent from
its previous close. The stock shows a bullish trend and may touch $39.05 in
the coming sessions. On the downside, it may find support at $38.21. Upon
breaching this level, it may go down to $38.05 level. LinnCo traded 524,508
shares during yesterday's session, and the stock oscillated in the range of
$38.48 and $38.88. It has appreciated 1.57 percent in the past 52 weeks while
its YTD gains stand at 8 percent. Register with StockCall and download the
research on LNCO for free at

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