Energy Sector Technical Briefing:Occidental Petroleum, Oasis Petroleum,
Pioneer Natural Resources, and Gran Tierra Energy
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LONDON, January 3, 2014
LONDON, January 3, 2014 /PRNewswire/ --
On Thursday, January 02, 2013, the US equity market edged lower. The S&P 500
ended the day 0.89% lower at 1,831.98; the Dow Jones Industrial Average
finished 0.82% lower at 16,441.35; and the NASDAQ Composite closed 0.80% lower
at 4,143.07. The S&P 500 Energy Sector Index ended the day at 643.16, down
1.31%; and the S&P 500 Oil & Gas Exploration and Production Sub Industry Index
fell 1.54% to end the day at 609.40. The S&P 500 Oil & Gas Exploration and
Production Sub Industry Index has fallen by 2.81%in the last one month and
2.50% in the previous three months, underperforming the S&P 500, which has
gained 1.45% and 8.08%, during the respective periods. The major movers in the
industry included Occidental Petroleum Corporation (NYSE: OXY), Oasis
Petroleum Inc. (NYSE: OAS), Pioneer Natural Resources Company (NYSE: PXD), and
Gran Tierra Energy Inc. (NYSE MKT: GTE). AAAResearchReports.com has released
free charting and technical research on these aforementioned companies.
Register to read these reports at:
Shares in Occidental Petroleum Corp. fell 1.31% on Thursday, closing the day
at $93.85. The company's shares oscillated between $93.41 and $94.84 during
the trading session. A total of 2.77 million shares were traded, which is
below the daily average volume of 3.45 million. The company's shares have
fallen by 0.96% in the last one month and 1.01% in the previous three months,
underperforming the S&P 500, which has gained 1.45% and 8.08% during the
respective periods. However, Occidental Petroleum Corp.'s stock is trading
above its 200-day moving average of $90.57. Sign up for free report on OXY
On Thursday, Oasis Petroleum Inc.'s stock plummeted to end the day at $45.05,
down 4.09% from the previous day's closing price of $46.97. The company's
shares fluctuated between $44.27 and $47.28 during the trading session. A
total of 2.46 million shares were traded, which is above the daily average
volume of 2.23 million. The company's shares have fallen by 1.81% in the last
one month and 10.81% in the previous three months, underperforming the S&P
500, which has gained 1.45% and 8.08% during the respective periods. However,
Oasis Petroleum Inc.'s stock is trading above its 200-day moving average of
$42.71. OAS free technical report can be accessed by signing up at:
Shares in Pioneer Natural Resources Co. traded between $175.00 and $182.95
before finishing Thursday's session 4.10% lower at $176.53. A total of 2.08
million shares were traded, which is above the daily average volume of 1.89
million. The company's shares have fallen by 0.89% in the last one month and
9.69% in the previous three months, underperforming the S&P 500, which has
gained 1.45% and 8.08% during the respective periods. However, Pioneer Natural
Resources Co.'s stock is trading above its 200-day moving average of $163.66.
A free report on PXD can be accessed by registering at:
On Thursday, shares in Gran Tierra Energy Inc. ended the day at $7.15, which
is 2.19% lower than the previous day's closing price of $7.31. The company's
shares vacillated between $7.15 and $7.31 during the trading session. A total
of 0.91 million shares were traded, which is below the daily average volume of
1.12 million. Despite Thursday's pullback, the company's shares have gained
1.42% in the previous three trading sessions and 4.23% in the last one month,
outperforming the S&P 500, which has fallen by 0.51% and has gained 1.45%
during the respective periods. Additionally, Gran Tierra Energy Inc.'s stock
is trading above its 200-day moving average of $6.58. Register with AAA
Research Reports and download research on GTE for free at:
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