Pre-Market Analysis: Phillips 66, Marathon Petroleum, Delek US, and Eagle Rock
LONDON, July 2, 2013
LONDON, July 2, 2013 /PRNewswire/ --
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On Monday, July 1, 2013, shares in U.S. oil & gas refining & marketing
companies ended mostly lower even as the broader market kicked off the third
quarter of 2013 on a positive note. All three benchmark indexes ended in
green, supported by a set of strong economic reports. The major movers in the
industry included Phillips 66 (NYSE: PSX), Marathon Petroleum Corp. (NYSE:
MPC), Delek US Holdings Inc. (NYSE: DK), and Eagle Rock Energy Partners L.P.
(NASDAQ: EROC). All these companies are tracked by AAAResearchReports.com.
Free technical research on PSX, MPC, DK, and EROC can be downloaded upon sign
Shares in Phillips 66 ended nearly flat on Monday after fluctuating between
gains and losses. The company's shares oscillated between $58.67 and $60.24
before finishing the day 0.02% lower at $58.90. A total of 3.49 million shares
were traded which is slightly below the daily average volume of 3.53 million.
The stock is currently trading below its 50-day moving average. Sign up and
read the complimentary report on PSX at:
Marathon Petroleum Corp.'s stock slipped on Monday, extending its losses from
previous trading sessions. The company's shares ended the day 0.96% lower at
$70.38 after fluctuating between $70.05 and $72.65. A total of 2.78 million
shares were traded which is below the daily average volume of 2.91 million.
Marathon Petroleum's shares have fallen 2.83% in the last three trading
sessions. The free report on MPC can be downloaded by signing up now at:
Shares in Delek US Holdings Inc. fell sharply on Monday, extending their
losses from previous trading sessions. The company's shares ended the day
2.57% lower at $28.04 after oscillating between $28.02 and $29.26. A total of
847,640 shares were traded which is above the daily average volume of 712,198.
Delek's shares have fallen 6.60% in the last three trading sessions. A free
report on DK can be accessed by registering at:
Eagle Rock Energy Partners L.P.'s stock ended 0.25% lower on Monday even as
the broader market edged higher. The company's shares closed the day at $7.85
after oscillating between $7.80 and $7.90. A total of 685,397 shares were
traded which is above the daily average volume of 579,085. The stock is
currently trading below its 50-day and 200-day moving averages. Register with
AAA Research Reports and download research on EROC for free at:
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