Market Expert Opinion:Denbury Resources, Cobalt Intl. Energy, WPX Energy, and Continental Resources Editor Note: For more information about this release, please scroll to bottom. PR Newswire LONDON, January 6, 2014 LONDON, January 6, 2014 /PRNewswire/ -- On Friday, January 03, 2014, the US equity market closed on a mixed note as the S&P 500 ended the day at 1,831.37, down 0.03%; the Dow Jones Industrial Average closed at 16,469.99, up 0.17%; and the NASDAQ Composite finished at 4,131.91, down 0.27%. The S&P 500 Energy Sector Index edged 0.25% lower to end the day at 641.53. The S&P 500 Oil & Gas Exploration and Production Sub Industry Index ended the day at 607.55, down 0.30%; and the same has fallen by 1.61% in the last one month and 3.51% in the previous three months, underperforming the S&P 500, which has gained 1.46% and 8.33% during the respective periods. The major movers in the industry included Denbury Resources Inc. (NYSE: DNR), Cobalt International Energy Inc. (NYSE: CIE), WPX Energy Inc. (NYSE: WPX), and Continental Resources Inc. (NYSE: CLR). All these companies are tracked by AAAResearchReports.com. Free technical research on DNR, CIE, WPX, and CLR can be downloaded upon signing up at: http://www.aaaresearchreports.com/register/ On Friday's, shares in Denbury Resources Inc. ended the day at $16.55, which is 1.41% higher than the previous day's closing price of $16.32. The company's shares vacillated between $16.48 and $16.77 during the trading session. A total of 8.79 million shares were traded, which is above the daily average volume of 5.27 million. Despite Friday's gains, the company's shares have fallen by 11.45% in the previous three months, underperforming the S&P 500, which has gained 8.33% during the same period. Additionally, Denbury Resources Inc.'s stock is trading below its 50-day and 200-day moving averages of $17.30 and $17.76, respectively. Sign up and read the complimentary report on DNR at: http://www.AAAResearchReports.com/DNR010614.pdf Shares in Cobalt Intl. Energy Inc. edged 0.06% lower on Friday, closing the day at $16.23. The company's shares oscillated between $16.09 and $16.38 during the trading session. A total of 2.59 million shares were traded, which is below the daily average volume of 4.36 million. The company's shares have declined 7.47% in the last one month and 33.54% in the previous three months, underperforming the S&P 500, which has gained 1.46% and 8.33% during the respective periods. Furthermore, Cobalt Intl. Energy Inc.'s stock is trading below its 50-day and 200-day moving averages of $19.78 and $24.93, respectively. The free report on CIE can be downloaded by signing up now at: http://www.AAAResearchReports.com/CIE010614.pdf On Friday, WPX Energy Inc.'s stock declined to end the day at $19.57, down 1.21% from the previous day's closing price of $19.81. The company's shares fluctuated between $19.45 and $19.88 during the trading session. A total of 1.59 million shares were traded, which is below the daily average volume of 2.62 million. Despite Friday's pullback, the company's shares have gained 5.10% in the last one month, outperforming the S&P 500, which has advanced 1.46% during the same period. Moreover, WPX Energy Inc.'s stock is trading above its 200-day moving average of $18.94. A free report on WPX can be accessed by registering at: http://www.AAAResearchReports.com/WPX010614.pdf Continental Resources Inc.'s stock traded between $105.66 and $109.27 before ending Friday's session 0.92% lower at $106.77. A total of 0.95 million shares were traded, which is below the daily average volume of 1.33 million. The company's shares have fallen by 2.07% in the last one month and 5.61% in the previous three months, underperforming the S&P 500, which has gained 1.46% and 8.33% during the respective periods. However, Continental Resources Inc.'s stock is trading above its 200-day moving average of $96.56. Register with AAA Research Reports and download research on CLR for free at: http://www.AAAResearchReports.com/CLR010614.pdf ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. 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Market Expert Opinion:Denbury Resources, Cobalt Intl. Energy, WPX Energy, and Continental Resources
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