Pre-Market Analysis: Chesapeake Energy Corp., Cabot Oil & Gas Corp.,
Southwestern Energy Co., and EOG Resources Inc.
LONDON, November 6, 2013
LONDON, November 6, 2013 /PRNewswire/ --
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On Tuesday, November 05, 2013, the U.S. equity market ended on a mixed note.
The NASDAQ Composite gained 0.08%, while the S&P 500 and the Dow Jones
Industrial Average fell by 0.28% and 0.13%, respectively. Shares in the
independent oil and gas industry ended on lower note, even as the broader
market traded between gains and losses. The major movers in the industry
included Chesapeake Energy Corporation (NYSE: CHK), Cabot Oil & 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 at:
Chesapeake Energy Corp.'s shares ended the day 2.43% lower at $28.14, after
oscillating between $28.13 and $28.83. A total of 9.30 million shares were
traded, which is above the daily average volume of 9.14 million. Despite
Tuesday's pullback, the company's shares have gained 6.19% in the last one
month and 10.44% in the previous three months, outperforming the S&P 500,
which has gained 4.29% and 3.27% during the respective periods. Furthermore,
Chesapeake Energy Corp.'s stock is trading above its 50-day and 200-day moving
averages of $26.86 and $22.52, respectively. Sign up and read the
complimentary report on CHK at:
On Tuesday, shares in Cabot Oil & Gas Corp. edged lower to end the day at
$34.92, down 0.48% from the previous day's closing price of $35.11. The
company's shares vacillated between $34.63 and $35.30 during the trading
session. A total of 4.68 million shares were traded, which is above the daily
average volume of 4.57 million. The company's shares have fallen by 1.13% in
the previous three trading sessions, underperforming the S&P 500, which has
gained 0.37% during the same period. However, Cabot Oil & Gas Corp.'s stock is
trading above its 200-day moving average of $34.53. The free report on COG can
be downloaded by signing up now at:
Shares in Southwestern Energy Co. plummeted on Tuesday, even as the broader
market ended on a mixed note. The company's shares traded between $36.66 and
$37.82 before ending the day 2.99% lower at $36.72. A total of 4.94 million
shares were traded, which is above the daily average volume of 3.44 million.
Despite Tuesday's decline, the company's shares have gained 2.31% in the last
one month, compared to a gain of 4.29% in the S&P 500 during the same period.
Moreover, Southwestern Energy Co.'s stock is trading below its 50-day and
200-day moving averages of $37.13 and $36.92, respectively. A free report on
SWN can be accessed by registering at:
EOG Resources Inc.'s shares fluctuated between $179.52 and $183.34 before
ending Tuesday's session 2.03% lower at $179.73. A total of 1.83 million
shares were traded, which is above the daily average volume of 1.58
million.Despite Tuesday's losses, the company's shares have gained 2.94% in
the last one month and 16.57% in the previous three months, compared to a gain
of 4.29% and 3.27% in the S&P 500 during the respective periods. Furthermore,
EOG Resources Inc.'s stock is trading above its 50-day and 200-day moving
averages of $171.95 and $143.02, respectively. Register with AAA Research
Reports and download research on EOG for free at:
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