Pre-Market Analysis: Tesoro Corp., Hess Corp., Penn Virginia Corp., and
Editor Note: For more information about this release, please scroll to bottom.
LONDON, September 18, 2013
LONDON, September 18, 2013 /PRNewswire/ --
The U.S. equity market edged higher on Tuesday, September 17, 2013, with the
S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite rising
0.42%, 0.23%, and 0.75%, respectively. Shares in the basic materials oil and
gas sector ended on a mixed note, even as the broader market advanced. The
major movers in the sector included Tesoro Corporation (NYSE: TSO), Hess
Corporation (NYSE: HES), Penn Virginia Corporation (NYSE: PVA), and LinnCo LLC
(NASDAQ: LNCO). All these companies are tracked by AAAResearchReports.com.
Free technical research on TSO, HES, PVA, and LNCO can be downloaded upon
signing up at:
Tesoro Corp.'s stock edged higher on Tuesday, reversing some of the losses
from the previous trading session. The company's shares vacillated between
$44.86 and $45.65 before finishing the day 0.20% higher at $45.58. A total of
2.29 million shares were traded, which is below the daily average volume of
3.22 million. The company's shares have gained 1.70% in the previous three
trading sessions, outperforming the S&P 500 which has advanced 1.27% during
the same period. However, Tesoro Corp.'s stock is trading below its 50-day and
200-day moving averages of $50.70 and $51.71, respectively. Sign up and read
the complimentary report on TSO at:
On Tuesday, Hess Corp.'s stock edged lower to close at $77.79, which is 0.17%
lower than the previous day's closing price of $77.92. The company's shares
oscillated between $77.52 and $78.22 during the trading session. A total of
2.97 million shares were traded, which is above the daily average volume of
2.68 million. Despite Tuesday's decline, the company's shares have advanced
3.62% in the last one month and 15.23% in the previous three months, compared
to a gain of 2.96% and 4.01% in the S&P 500 during the respective periods.
Additionally, Hess Corp.'s stock is trading near its 52-week high of $78.57 as
well as above its 50-day and 200-day moving averages of $74.26 and $67.20,
respectively. The free report on HES can be downloaded by signing up now at:
Penn Virginia Corp.'s stock surged on Tuesday, extending the gains from the
previous trading session. The company's shares ended the day 3.70% higher at
$6.17 after vacillating between $5.88 and $6.19. A total of 1.64 million
shares were traded, which is above the daily average volume of 1.44 million.
Penn Virginia Corp.'s stock has surged 22.91% in the last one month and 32.97%
in the previous three months, outperforming the S&P 500 during the respective
periods. Moreover, the company's shares are trading above their 50-day and
200-day moving averages of $5.00 and $4.59, respectively. A free report on PVA
can be accessed by registering at:
Shares in LinnCo LLC declined on Tuesday, extending the losses from the
previous trading session. The company's shares traded between $30.80 and
$31.58 before finishing the day 0.55% lower at $30.93. A total of 0.24 million
shares were traded, which is below the daily average volume of 0.76 million.
Despite Tuesday's pullback, the company's shares have advanced 11.94% in the
last one month, compared to a gain of 2.96% in the S&P 500 during the same
period. Furthermore, LinnCo LLC's stock is trading above its 50-day moving
average of $28.84. Register with AAA Research Reports and download research on
LNCO for free at:
1.This is not company news. We are an independent source and our views do
not reflect the companies mentioned.
2.Information in this release is fact checked and produced on a best efforts
basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are
only human and are prone to make mistakes. If you notice any errors or
omissions, please notify us below.
3.This information is submitted as a net-positive to companies mentioned, to
increase awareness for mentioned companies to our subscriber base and the
4.If you wish to have your company covered in more detail by our team, or
wish to learn more about our services, please contact us at
5.For any urgent concerns or inquiries, please contact us at
6.Are you a public company? Would you like to see similar coverage on your
company? Send us a full investors' package to
research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This
document, article or report is prepared and authored by Equity News Network.
An outsourced research services provider represented by Ananya Ghosh, CFA, has
only reviewed the information provided by Equity News Network in this article
or report according to the Procedures outlined by Equity News Network. Equity
News Network is not entitled to veto or interfere in the application of such
procedures by the outsourced provider to the articles, documents or reports,
as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the
accuracy or completeness or fitness for a purpose (investment or otherwise),
of the information provided in this document. This information is not to be
construed as personal financial advice. Readers are encouraged to consult
their personal financial advisor before making any decisions to buy, sell or
hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned
at the time of printing of this document or any error, mistake or shortcoming.
No liability is accepted by Equity News Network whatsoever for any direct,
indirect or consequential loss arising from the use of this document. Equity
News Network expressly disclaims any fiduciary responsibility or liability for
any consequences, financial or otherwise arising from any reliance placed on
the information in this document. Equity News Network does not (1) guarantee
the accuracy, timeliness, completeness or correct sequencing of the
information, or (2) warrant any results from use of the information. The
included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA
SOURCE AAA Research Reports
Contact: +1(646)396-9126 Peter F. Jones email@example.com
Press spacebar to pause and continue. Press esc to stop.