Pre-Market Analysis: Whiting Petroleum Corp., Rowan Companies PLC., Bill Barrett Corp., and Concho Resources Inc.
LONDON, October 16, 2013 /PRNewswire/ --
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On Tuesday, October 15, 2013, all three benchmark indexes of the US equity market ended lower, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite declining by 0.71%, 0.87%, and 0.56%, respectively. Shares in oil and gas drilling and exploration industry mostly ended on a higher note, even as the broader market edged lower. The major movers included Whiting Petroleum Corporation (NYSE: WLL), Rowan Cos PLC (NYSE: RDC), Bill Barrett Corporation (NYSE: BBG), and Concho Resources Inc. (NYSE: CXO). All these companies are tracked by AAAResearchReports.com. Free technical research on WLL, RDC, BBG, and CXO can be downloaded upon signing up at:
Shares in Whiting Petroleum Corp. edged higher on Tuesday, hitting a new 52-week high of $65.97. The company's shares closed at $65.41, up 0.83% from the previous day's closing price of $64.87. The company's shares oscillated between $64.52 and $65.97 during the trading session. A total of 1.90 million shares were traded, which is above the daily average volume of 1.69 million. The company's shares have surged 22.63% in the last one month and 35.26% in the previous three months, outperforming the S&P 500 which has gained 0.60% and 0.92% during the respective periods. Further, Whiting Petroleum Corp.'s stock is trading above its 50-day and 200-day moving averages of $54.78 and $49.59, respectively. Sign up and read the complimentary report on WLL at:
Rowan Cos PLC's stock fell by 2.32% on Tuesday, tracking losses in the broader market. The company's shares fluctuated between $36.16 and $36.93 before finishing the day at $36.18. A total of 2.10 million shares were traded, which is above the daily average volume of 1.12 million. Despite Tuesday's losses, Rowan Cos PLC's shares have advanced 2.61% in the previous three months, outperforming the S&P 500 which has gained 0.92% during the same period. Additionally, the company's stock is trading above its 200-day moving average of $34.79. The free report on RDC can be downloaded by signing up now at:
On Tuesday, Bill Barrett Corp.'s shares posted gains to end the day at $26.03, which is 0.12% higher than the previous day's closing price of $26.00. The company's shares fluctuated between $25.66 and $26.24 during the trading session. A total of 1.38 million shares were traded, which is above the daily average volume of 0.94 million. Bill Barrett Corp.'s shares have gained 8.10% in the previous one month and 22.55% in the last three months, outperforming the S&P 500 which has advanced 0.60% and 0.92% during the respective periods. Furthermore, the company's stock is trading near its 52-week high of $26.42 and also above its 50-day and 200-day moving averages of $23.24 and $20.86, respectively. A free report on BBG can be accessed by registering at:
Concho Resources Inc.'s stock rose 0.91% on Tuesday, extending the gains from the previous trading session. The company's shares fluctuated between $109.77 and $113.23 before ending the day at $111.41. A total of 1.31 million shares were traded, which is above the daily average volume of 1.07 million. The company's shares have gained 28.01% in the last three months and 8.03% in the previous one month, outperforming the S&P 500 which has gained 0.92% and 0.60% during the respective periods. Moreover, Concho Resources Inc.'s stock is trading above its 50-day and 200-day moving averages of $101.85 and $91.59, respectively. Register with AAAResearchReports.com and download research on CXO for free at:
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SOURCE AAA Research Reports
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