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. If you notice any errors or omissions, please notify us below. 3.This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4.If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5.For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com. 6.Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration. COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be. NOT FINANCIAL ADVICE Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein. NO WARRANTY OR LIABILITY ASSUMED Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. AAAresearchreports.com SOURCE AAA Research Reports Contact: +1(646)396-9126, Contact Name: Peter F. Jones, Email ID: firstname.lastname@example.org
Market Expert Opinion:Denbury Resources, Cobalt Intl. Energy, WPX Energy, and Continental Resources
Press spacebar to pause and continue. Press esc to stop.