Technical Briefing: Hess Corp., Tesoro Corp., Penn Virginia Corp., and LinnCo
LONDON, August 12, 2013
LONDON, August 12, 2013 /PRNewswire/ --
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On Friday, August 9, 2013, the S&P 500 closed 0.36% lower at 1,691.42. Shares
in basic materials sector companies ended mostly lower, tracking the broader
market. The major movers in the sector included Hess Corporation (NYSE: HES),
Tesoro Corporation (NYSE: TSO), Penn Virginia Corporation (NYSE: PVA), and
LinnCo LLC (NASDAQ: LNCO). All these companies are tracked by
AAAResearchReports.com. Free technical research reports on HES, TSO, PVA, and
LNCO can be accessed by signing up at:
Shares in Hess Corporation ended 0.71% higher on Friday, extending their gains
from previous trading sessions. The company's stock oscillated between $74.36
and $75.64 before closing the day at $74.89. A total of 3.41 million shares
were traded, which is above the daily average volume of 3.09 million. In the
last three months, the company's shares have gained 8.07%, outperforming the
S&P 500 which has gained 3.53% during the same period. Moreover, the stock is
trading above its 50-day and 200-day moving averages. Download free report on
HES upon registration at:
Shares in Tesoro Corporation ended lower on Friday after fluctuating between
$52.92 and $53.92. The company's shares ended the day 0.45% lower at $53.08. A
total of 2.84 million shares were traded, which is below the daily average
volume of 3.53 million. Tesoro's shares have fallen 2.07% in the last three
trading sessions and 0.54% in the last one month. Despite recent losses, the
company's shares are trading above their 200-day moving average. TSO technical
report can be accessed for free by signing up at:
Penn Virginia Corporation's stock tumbled 4.81% on Friday, extending its
losses from previous trading sessions. The company's shares ended the day at
$4.55 after fluctuating between $4.54 and $4.78. A total of 1.84 million
shares were traded, which is above the daily average volume of 1.12 million.
The company's shares have slipped 10.26% in the last three trading sessions
and 4.41% in the last one month. A free report on PVA can be accessed by
Shares in LinnCo LLC declined on Friday, closing at $27.29, down 0.87% from
the previous closing price. The company's shares oscillated between $25.13 and
$27.29. A total of 1.31 million shares were traded, which is above the daily
average volume of 0.85 million. In the last three months, the company's shares
have lost 27.79% and are trading below their 50-day and 200-day moving
averages. Register with AAA Research Reports and download research on LNCO for
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