Energy Sector Technical Update: SeaDrill, Superior Energy Services, Enbridge,
and Energy Transfer Partners
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LONDON, January 8, 2014
LONDON, January 8, 2014 /PRNewswire/ --
On Tuesday, January 07, 2014, the U.S. equity market finished on a positive
note. 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 0.89% higher at 647.66; and the same has gained 0.70% in the
previous three trading sessions and 2.33% 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 Seadrill Ltd(NYSE: SDRL),
Superior Energy Services Inc.(NYSE: SPN),Enbridge Inc.(NYSE: ENB), and
Energy Transfer Partners L.P. (NYSE: ETP). AAAResearchReports.com has released
full comprehensive research on SDRL, SPN, ENB, and ETP. These free technical
analyses can be downloaded by signing up at:
On Tuesday, Seadrill Ltd's stock closed the day 0.30% lower at $40.19, after
vacillating between $39.98 and $40.30 during the trading session. A total of
2.54 million shares were traded, which is below the daily average volume of
2.56 million. The company's shares have advanced 0.30% in the previous three
trading sessions, underperforming the S&P 500, which has gained 0.32% during
the same period. Furthermore, Seadrill Ltd's stock is trading below its 50-day
and 200-day moving averages of $43.16 and $42.15, respectively. A free
technical analysis on SDRL available by signing up at:
Shares in Superior Energy Services Inc. declined 1.41% on Tuesday, even as the
US equity market posted gains. The company's shares finished the day at
$25.15, after oscillating between $24.78 and $25.24 during the trading
session. A total of 2.84 million shares were traded, which is above the daily
average volume of 1.83 million. The Superior Energy Services Inc.'s shares
have lost 0.32% in the previous three months, underperforming the S&P 500,
which has gained 9.65% during the same period. Moreover, the company's shares
are trading below their 50-day and 200-day moving averages of $26.23 and
$26.24, respectively. Register today and access free research on SPN at:
Enbridge Inc.'s stock finished flat on Tuesday, closing the day's session at
the previous day's closing price of $42.87, after fluctuating between $42.72
and $43.39 during the trading session. A total of 1.46 million shares were
traded, which is above the daily average volume of 0.80 million. The company's
shares have gained 3.70% in the previous one month, compared to a gain of
1.82% in the S&P 500 during the same period. Additionally, Enbridge Inc.'s
stock is trading above its 50-day moving average of $42.51.The free report on
ENB can be downloaded by signing up now at:
Shares in Energy Transfer Partners L.P. vacillated between $54.16 and $55.24
before closing the Tuesday's session 1.30% lower at $54.46. A total of 1.81
million shares were traded, which is above the daily average volume of 0.92
million. The company's shares have gained 5.89% in the previous three months,
underperforming the S&P 500, which has gained 9.65% during the same period.
However, Energy Transfer Partners L.P.'s shares are trading above their 50-day
and 200-day moving averages of $53.58 and $51.35, respectively. A free report
on ETP can be accessed by registering at:
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