Pre-Market Analysis: Suncor Energy Inc., Anadarko Petroleum Corp., Devon
Energy Corp., and Newfield Exploration Co.
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LONDON, November 8, 2013
LONDON, November 8, 2013 /PRNewswire/ --
On Thursday, November 07, 2013, all three benchmark indexes of the US equity
market posted losses, with the S&P 500, the Dow Jones Industrial Average, and
the NASDAQ Composite declining by 1.32%, 0.97%, and 1.90%, respectively.
Shares in the Independent oil and gas industry ended on a lower note, tracking
losses in the broader market. The major movers in the industry included Suncor
Energy Inc. (NYSE: SU), Anadarko Petroleum Corporation (NYSE: APC), Devon
Energy Corporation (NYSE: DVN), and Newfield Exploration Company (NYSE: NFX).
All these companies are tracked by AAAResearchReports.com. Free technical
research on SU, APC, DVN, and NFX can be downloaded upon signing up at:
Suncor Energy Inc.'s shares ended the day 2.04% lower at $34.49, after
vacillating between $34.30 and $35.21. A total of 6.61 million shares were
traded, which is above the daily average volume of 3.63 million. Despite
Thursday's losses, the company's shares have gained 7.65% in the previous
three months, outperforming the S&P 500, which has advanced 3.33% during the
same period. Further, Suncor Energy Inc.'s stock is trading above its 200-day
moving average of $32.21. Sign up and read the complimentary report on SU at:
On Thursday, Anadarko Petroleum Corp.'s stock declined by 2.25%, tracking
losses in the broader market. The company's shares traded between $89.47 and
$92.62 before finishing the day at $89.95. A total of 4.51 million shares were
traded, which is more than the daily average volume of 2.68 million. Despite
Thursday's pullback, the company's shares have gained 0.81% in the previous
three months, compared to a gain of 3.33% in the S&P 500 during the same
period. Additionally, Anadarko Petroleum Corp.'s stock is trading above its
200-day moving average of $88.11. The free report on APC can be downloaded by
signing up now at:
Devon Energy Corp.'s stock fluctuated between $59.53 and $61.49 before ending
the Thursday's session 2.67% lower at $59.76. A total of 6.37 million shares
were traded, which is above the daily average volume of 2.95 million. Despite
Thursday's losses, the company's shares have gained 2.40% in the last one
month and 5.43% in the previous three months, compared to a gain of 4.24% and
3.33% in the S&P 500 during the respective periods. Furthermore, Devon Energy
Corp.'s stock is trading above its 200-day moving average of $57.25. A free
report on DVN can be accessed by registering at:
On Thursday, shares in Newfield Exploration Co. closed at $29.03, down 3.52%
from the previous day's closing price of $30.09. The company's shares
vacillated between $28.75 and $30.42 during the trading session. A total of
4.25 million shares were traded, which is above the daily average volume of
2.46 million. Despite Thursday's decline, the company's shares have gained
1.72% in the last one month and 21.41% in the previous three months, compared
to a gain of 4.24% and 3.33% in the S&P 500 during the respective periods.
Moreover, Newfield Exploration Co.'s stock is trading above its 50-day and
200-day moving averages of $27.91 and $25.14, respectively. Register with AAA
Research Reports and download research on NFX for free at:
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