Pre-Market Analysis: Forest Oil Corp., EXCO Resources Inc., Quicksilver
Resources Inc., and Canadian Natural Resources Ltd
LONDON, November 19, 2013
LONDON, November 19, 2013 /PRNewswire/ --
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On Monday, November 18, 2013, the S&P 500 ended the day at 1,791.53, down
0.37%; the Dow Jones Industrial Average closed at 15,976.02, up 0.09%; and the
NASDAQ Composite finished at 3,949.07, down 0.93%. Shares in the independent
oil and gas industry ended on a lower note, even as the broader market
fluctuated between gains and losses. The major movers in the industry included
Forest Oil Corp. (NYSE: FST), EXCO Resources Inc. (NYSE: XCO), Quicksilver
Resources Inc. (NYSE: KWK), and Canadian Natural Resources Ltd (NYSE: CNQ).
All these companies are tracked by AAAResearchReports.com. Free technical
research on FST, XCO, KWK, and CNQ can be downloaded upon signing up at:
Forest Oil Corp.'s stock plummeted 5.31% on Monday, closing the day at$4.10,
after oscillating between$4.09 and $4.34 during the trading session. A total
of 4.16 million shares were traded, which is below the daily average volume of
4.52 million. The company's shares have declined 4.65% in the previous three
trading sessions, compared to a gain of 0.53% in the S&P 500 during the same
period. Furthermore, Forest Oil Corp.'s stock is trading below its 50-day and
200-day moving averages of $5.43 and $5.19, respectively. Sign up and read the
complimentary report on FST at:
Shares in EXCO Resources Inc. also plummeted on Monday, even as the broader
market finished on a mixed note. The company's shares closed the day 3.61%
lower at $5.07 after fluctuating between $5.02 and $5.32 during the trading
session. A total of 4.76 million shares were traded, which is above the daily
average volume of 3.49 million. The company's shares have fallen by 3.43% in
the previous three trading sessions, underperforming the S&P 500, which has
gained 0.53% during the same period. Moreover, EXCO Resources Inc.'s stock is
trading below its 50-day and 200-day moving averages of $6.50 and $7.29,
respectively. The free report on XCO can be downloaded by signing up now at:
Quicksilver Resources Inc.'s shares ended the day attheir previous day's
closing price of $2.43, after fluctuating between$2.36 and$2.50 during the
trading session. A total of 1.61 million shares were traded, which is below
the daily average volume of 2.96 million. The company's shares have gained
46.39% in the last three months and 2.97% in the previous three trading
sessions, outperforming the S&P 500, which has gained 8.20% and 0.53% during
the respective periods. Further, Quicksilver Resources Inc.'s stock is trading
above its 50-day and 200-day moving averages of $2.21 and $2.11, respectively.
A free report on KWK can be accessed by registering at:
On Monday, Canadian Natural Resources Ltd's stock declined to end the day at
$32.22, which is 1.04% lower than the previous day's closing price of $32.56.
The company's shares vacillated between $32.09 and $32.71 during the trading
session. A total of 2.79 million shares were traded, which is above the daily
average volume of 2.01 million. Despite Monday's losses, the company's shares
have gained 4.34% in the previous three trading sessions, outperforming the
S&P 500, which has gained 0.53% during the same period. Additionally, Canadian
Natural Resources Ltd's stock is trading above its 50-day and 200-day moving
averages of $31.62 and $30.70, respectively. Register with AAA Research
Reports and download research on CNQ for free at:
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