Pre-Market Analysis: Chevron Corp., Statoil ASA, Ecopetrol S.A., and Eni SpA
LONDON, November 7, 2013
LONDON, November 7, 2013 /PRNewswire/ --
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On Wednesday, November 6, 2013, the U.S. equity market ended on a mixed note.
The S&P 500 and the Dow Jones Industrial Average gained 0.43% and 0.82%,
respectively, while the NASDAQ Composite fell by 0.20%. Shares in the major
integrated oil and gas industry ended on a higher note, even as the broader
market fluctuated between gains and losses. The major movers in the industry
included Chevron Corp. (NYSE: CVX), Statoil ASA (NYSE: STO), Ecopetrol S.A.
(NYSE: EC), and Eni SpA (NYSE: E). All these companies are tracked by
AAAResearchReports.com. Free technical research on CVX, STO, EC, and E can be
downloaded upon signing up at:
Shares in Chevron Corp. finished the day 2.27% higher at $121.14 after
fluctuating between $118.82 and $121.41 during the trading session. A total of
8.36 million shares were traded, which is above the daily average volume of
5.57 million. The company's shares have gained 2.65% in the previous three
trading sessions, outperforming the S&P 500, which has advanced 0.50% during
the same period. Furthermore, Chevron Corp.'s stock is trading above its
50-day and 200-day moving averages of $120.92 and $120.45, respectively. Sign
up and read the complimentary report on CVX at:
On Wednesday, Statoil ASA's shares gained 1.11%, even as the broader market
finished on a mixed note. The company's shares finished the day at$23.77
after fluctuating between$23.68 and $23.85 during the trading session. A
total of 0.83 million shares were traded, which is below the daily average
volume of 1.37 million. The company's stock has gained 11.81% in the previous
three months and 0.68% in the last three trading sessions, compared to a gain
of 4.31% and 0.50% in the S&P 500 during the respective periods. Moreover,
Statoil ASA's shares are trading above their 50-day and 200-day moving
averages of $22.86 and $23.21, respectively. The free report on STO can be
downloaded by signing up now at:
Ecopetrol S.A.'s stock advanced on Wednesday, closing the session at an
intra-day high of $46.45, up 1.15% from the previous day's closing price of
$45.92. The company's shares oscillated between $45.88 and $46.45 during the
trading session. A total of 0.19 million shares were traded, which is below
the daily average volume of 0.29 million. The company's shares have advanced
0.96% in the previous one month, compared to a gain of 4.73% in the S&P 500
during the same period. However, Ecopetrol S.A.'s stock is trading below its
50-day and 200-day moving averages of $46.68 and $48.63, respectively. A free
report on EC can be accessed by registering at:
Shares in Eni SpA ended the day at$49.44, up 0.02%, after fluctuating
between$49.36 and$49.79 during the trading session. A total of 0.10 million
shares were traded, which is below the daily average volume of 0.20 million.
The company's shares have gained 9.43% in the last three months and 6.12% in
the previous one month, compared to a gain of 4.31% and 4.73% in the S&P 500
during the respective periods. Furthermore, Eni SpA's stock is trading above
its 50-day and 200-day moving averages of $47.42 and $46.24, respectively.
Register with AAA Research Reports and download research on E for free at:
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