Post-Market Data Analysis: Canadian Natural Resources, Forest Oil, Quicksilver
Resources, and EXCO Resources
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LONDON, January 8, 2014
LONDON, January 8, 2014 /PRNewswire/ --
On Tuesday, January 07, 2014, the U.S. equity market posted gains. The S&P 500
ended the day at 1,837.88, up 0.61%; the Dow Jones Industrial Average closed
at 16,530.94, up 0.64%; and the NASDAQ Composite Index finished at 4,153.18,
up 0.96%. The S&P 500 Energy Sector Index closed the session at 647.66, up
0.89%; and the S&P 500 Oil, Gas and Consumable fuels Industry Group Index
gained 1.14% to close at 665.31. The S&P 500 Oil, Gas And Consumable Fuels
Industry Group index has gained 0.95% in the previous three trading sessions
and 2.99% in the last one month, outperforming the S&P 500, which has gained
0.32% and 1.82% during the respective periods. The major movers in the energy
sector included Canadian Natural Resources Ltd(NYSE: CNQ), Forest Oil
Corp.(NYSE: FST),Quicksilver Resources Inc.(NYSE: KWK), and EXCO Resources
Inc. (NYSE: XCO). All these companies are tracked by AAAResearchReports.com.
Free technical research on CNQ, FST, KWK, and XCO can be downloaded upon
signing up at:
Canadian Natural Resources Ltd's stock edged 0.55% lower on Tuesday, even as
the broader market posted gains. The company's shares ended the day at $32.65,
after oscillating between $32.63 and $32.98 during the trading session. A
total of 2.18 million shares were traded, which is below the daily average
volume 2.37 million. The company's shares have advanced 4.55% in the previous
three months, underperforming the S&P 500, which has gained 9.65% during the
same period. However, Canadian Natural Resources Ltd's stock is trading above
its 50-day and 200-day moving averages of $32.32 and $31.01, respectively.
Sign up today to read free research report on CNQ at:
On Tuesday, Forest Oil Corp.'s stock closed the day at $3.47, down 2.25% from
the previous day's closing price of $3.55. The company's shares vacillated
between $3.45 and $3.64 during the trading session. A total of 4.49 million
shares were traded, which is above the daily average volume of 4.40 million.
The company's shares have lost 5.71% in the previous three trading sessions,
underperforming the S&P 500, which has gained 0.32% during the same period.
Furthermore, Forest Oil Corp.'s stock is trading below its 50-day and 200-day
moving averages of $4.13 and $4.81, respectively. Register to download free
technical analysis on FST at:
Quicksilver Resources Inc.'s stock finished the day 1.89% lower at $3.12 on
Tuesday, after oscillating between $3.10 and $3.28 during the trading session.
A total of 4.42 million shares were traded, which is above the daily average
volume 3.37 million. Despite Tuesday's pullback, the company's shares have
gained 4.00% in the previous one month and 30.00% in the last three months,
outperforming the S&P 500, which has gained 1.82% and 9.65% during the
respective periods. Moreover, Quicksilver Resources Inc.'s stock is trading
above its 50-day and 200-day moving averages of $2.70 and $2.23, respectively.
A free report on KWK can be accessed by registering at:
Shares in EXCO Resources Inc. vacillated between $5.03 and $5.15 before
closing the Tuesday's session at $5.07, up 0.20%. A total of 6.39 million
shares were traded, which is above the daily average volume of 4.58 million.
The company's shares have advanced 4.05% in the previous one month,
outperforming the S&P 500, which has gained 1.82% during the same period.
However, shares in EXCO Resources Inc. are trading below their 50-day and
200-day moving averages of $5.30 and $6.94, respectively. Register with AAA
Research Reports and download the research on XCO for free at:
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