Pre-Market Analysis: Chesapeake Energy Corp., Cabot Oil & Gas Corp.,
Southwestern Energy Co., and EOG Resources Inc.
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LONDON, October 10, 2013
LONDON, October 10, 2013 /PRNewswire/ --
On Wednesday, October 9, 2013, the U.S. equity market ended on a mixed note.
The S&P 500 and the Dow Jones Industrial Average gained 0.06% and 0.18%
respectively, while the NASDAQ Composite fell by 0.46%. Shares in the
independent oil and gas industry ended on a mixed note, as the broader market
fluctuated between gains and losses. The major movers in the industry included
Chesapeake Energy Corporation (NYSE: CHK), Cabot Oil and Gas Corporation
(NYSE: COG), Southwestern Energy Company (NYSE: SWN), and EOG Resources Inc.
(NYSE: EOG). All these companies are tracked by AAAResearchReports.com. Free
technical research on CHK, COG, SWN, and EOG can be downloaded upon signing up
Shares in Chesapeake Energy Corp. edged lower on Wednesday, even as the
broader market finished on a mixed note. The company's shares closed the day
0.23% lower at $25.99 after oscillating between $25.65 and $26.25 during the
trading session. A total of 10.10 million shares were traded, which is above
the daily average volume of 9.24 million. Chesapeake Energy Corp.'s shares
have surged 22.94% in the previous three months, compared to a gain of 0.25%
in the S&P 500 during the same period. Further, the company's stock is
currently trading above its 50-day and 200-day moving averages of $25.83 and
$21.52, respectively. Sign up and read the complimentary report on CHK at:
Cabot Oil and Gas Corp.'s stock posted gains on Wednesday, reversing most of
the losses from the previous trading session. The company's shares vacillated
between $34.67 and $35.76 before ending the day 0.97% higher at $35.43. A
total of 6.11 million shares were traded, which is above the daily average
volume of 4.19 million. The company's shares have lost 1.27% in the previous
three months, underperforming the S&P 500 which has advanced 0.25% during the
same period. Moreover, Cabot Oil and Gas Corp.'s stock is trading above its
200-day moving average of $33.45. The free report on COG can be downloaded by
signing up now at:
On Wednesday, Southwestern Energy Co.'s stock ended the session 1.07% lower
than the previous day's price of $35.54. The company's shares oscillated
between $34.88 and $35.60 before closing the day at $35.16. A total of 6.94
million shares were traded, which is above the daily average volume of 3.04
million. The company's shares have declined 2.03% in the previous three
trading sessions, underperforming the S&P 500 which has lost 2.02% during the
same period. Additionally, Southwestern Energy Co.'s stock is also trading
below its 50-day and 200-day moving averages of $37.54 and $36.58,
respectively. A free report on SWN can be accessed by registering at:
Shares in EOG Resources Inc. fluctuated between gains and losses before
finishing the day nearly flat on Wednesday. The company's shares ended the day
at$171.52, up 0.03%, after fluctuating between$169.60 and$173.56 during the
trading session. A total of 1.92 million shares were traded, which is above
the daily average volume of 1.58 million. The company's shares have gained
20.60% in the last three months and 4.81% in the previous one month, compared
to a gain of 0.25% and a loss of 0.92% in the S&P 500 during the respective
periods. Further, EOG Resources Inc.'s stock is trading above its 50-day and
200-day moving averages of $161.88 and $137.62, respectively. Register with
AAA Research Reports and download research on EOG for free at:
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