Pre-Market Analysis: Ensco PLC, Key Energy Services Inc., Patterson-UTI Energy
Inc., and Breitburn Energy Partners L.P.
LONDON, November 1, 2013
LONDON, November 1, 2013 /PRNewswire/ --
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On Thursday, October 31, 2013, all three benchmark indexes of the US equity
market edged lower, with the S&P 500, the Dow Jones Industrial Average, and
the NASDAQ Composite falling by 0.38%, 0.47%, and 0.28%, respectively. Shares
in the oil and gas drilling and exploration industry ended on a mixed note,
even as the broader market posted losses. The major movers in the industry
included Ensco PLC (NYSE: ESV), Key Energy Services Inc. (NYSE: KEG),
Patterson-UTI Energy Inc. (NASDAQ: PTEN), and BreitBurn Energy Partners L.P.
(NASDAQ: BBEP). All these companies are tracked by AAAResearchReports.com.
Free technical research on ESV, KEG, PTEN, and BBEP can be downloaded upon
signing up at:
Ensco PLC's stock fluctuated between $57.65 and $58.27 before ending the
Thursday's session 0.71% lower at the intra-day low of $57.65. A total of 1.64
million shares were traded, which is below the daily average volume of 1.92
million. Despite Thursday's pullback, the company's shares have gained 7.26%
in the last one month and 0.54% in the previous three months, compared to a
gain of 4.46% and 4.20% in the S&P 500 during the respective periods.
Furthermore, Ensco PLC's stock is trading above its 50-day moving average of
$55.61. Sign up and read the complimentary report on ESV at:
On Thursday, shares in Key Energy Services Inc. closed at $7.82, which is
3.85% higher than the previous day's closing price of $7.53. The company's
shares vacillated between $6.97 and $8.21 during the trading session. A total
of 8.67 million shares were traded, which is above the daily average volume of
2.06 million. The company's shares have gained 7.27% in the last one month and
23.34% in the previous three months, outperforming the S&P 500, which has
advanced 4.46% and 4.20% during the respective periods. Additionally, Key
Energy Services Inc.'s stock is trading above its 50-day and 200-day moving
averages of $7.35 and $7.16, respectively. The free report on KEG can be
downloaded by signing up now at:
Shares in Patterson-UTI Energy Inc. closed the day 0.87% higher at $24.28,
after fluctuating between $23.73 and $24.41 during the trading session. A
total of 4.11 million shares were traded, which is above the daily average
volume of 2.53 million. The company's stock has surged 13.56% in the last one
month and 22.81% in the previous three months, outperforming the S&P 500,
which has advanced 4.46% and 4.20% during the respective periods. Moreover,
Patterson-UTI Energy Inc.'s stock is trading above its 50-day and 200-day
moving averages of $21.65 and $21.76, respectively. A free report on PTEN can
be accessed by registering at:
BreitBurn Energy Partners L.P.'s stock edged lower on Thursday, reversing all
the gains from the previous trading session. The company's shares ended the
day 0.16% lower at $19.22, after vacillating between $19.17 and $19.36. A
total of 0.52 million shares were traded, which is below the daily average
volume of 0.60 million. Despite Thursday's losses, BreitBurn Energy Partners
L.P.'s shares have advanced 4.86% in the last one month and 6.72% in the
previous three months, outperforming the S&P 500, which has advanced 4.46% and
4.20% during the respective periods. Further, the company's stock is trading
above its 50-day and 200-day moving averages of $18.25 and $18.91,
respectively. Register with AAA Research Reports and download research on BBEP
for free at:
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