Early Morning Insight: Concho Resources Inc., Rowan Companies Inc., Whiting
Petroleum Corp., and Bill Barrett Corp.
LONDON, September 17, 2013
LONDON, September 17, 2013 /PRNewswire/ --
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The U.S. equity market ended on a mixed note on Monday, September 16, 2013.
The S&P 500 and the Dow Jones Industrial Average gained 0.57% and 0.77%,
respectively, while the NASDAQ Composite fell by 0.12%. Shares in the oil and
gas drilling and exploration industry ended mostly lower, even as the broader
market finished on a mixed note. The major movers included Concho Resources
Inc. (NYSE: CXO), Rowan Co. PLC (NYSE: RDC), Whiting Petroleum Corporation
(NYSE: WLL), and Bill Barrett Corporation (NYSE: BBG). All these companies are
tracked by AAAResearchReports.com. Download free technical analysis and
charting reports on CXO, RDC, WLL, and BBG now at:
Shares in Concho Resources Inc. edged marginally lower on Monday, even as the
broader market fluctuated between gains and losses. The company's shares
closed the day 0.07% lower at$103.06after oscillating between $102.59 and
$104.56 during the trading session. A total of 0.72 million shares were
traded, which is less than the daily average volume of 1.04 million. Despite
Monday's losses, Concho Resources Inc.'s shares have gained 19.41% in the
previous three months and 9.27% in the last one month, compared to a gain of
4.36% and 2.52% in the S&P 500 during the respective periods. Additionally,
the company's stock is currently trading above its 50-day and 200-day averages
of $93.45 and $88.66, respectively. Download free research on CXO today by
On Monday, shares in Rowan Cos. PLC fluctuated between $37.91 and $38.24
before finishing the day 0.40% higher at $38.02. A total of 1.54 million
shares were traded, which is above the daily average volume of 1.06 million.
The company's shares have gained 13.70% in the last three months and 6.50% in
the previous one month, outperforming the S&P 500 which has gained 4.36% and
2.52% during the respective periods. Furthermore, the company's stock is
trading above its 50-day and 200-day moving averages of $35.72 and $34.24,
respectively. Sign up and have access to our free report on RDC at:
On Monday, Whiting Petroleum Corp.'s stock ended the session 0.97% lower than
the previous day's price of $53.34. The company's shares oscillated between
$52.70 and $54.18 before closing the day at $52.82. A total of 1.25 million
shares were traded, which is below the daily average volume of 1.41 million.
The company's shares have gained 6.51% in the last one month and 9.88% in the
last three month, outperforming the S&P 500 which has gained 2.52% and 4.36%
during the respective periods. Whiting Petroleum Corp.'s stock is trading
above its 50-day and 200-day moving averages of $50.66 and $47.79,
respectively. Sign up and read the complimentary report on WLL at:
Shares in Bill Barrett Corp. fell sharply on Monday, even as the broader
market ended on a mixed note. The company's shares closed the day 2.16% lower
at $23.56 after fluctuating between $23.46 and $24.30 during the trading
session. A total of 0.84 million shares were traded, which is below the daily
average volume of 0.90 million. Despite Monday's sharp decline, the company's
shares have advanced 11.66% in the previous one month and 6.65% in the last
three months, compared to a gain of 2.52% and 4.36% in the S&P 500 during the
respective periods. Moreover, Bill Barrett Corp.'s stock is trading above its
50-day and 200-day moving averages of $22.09 and $20.17, respectively. The
free report on BBG can be downloaded by signing up now at:
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