Pre-Market Analysis: Occidental Petroleum Corp., Oasis Petroleum Inc., Pioneer Natural Resources Co., and Gran Tierra Energy Inc.

LONDON, October 16, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

On Tuesday, October 15, 2013, all three benchmark indexes of the US equity market edged lower, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite falling by 0.71%, 0.87%, and 0.56%, respectively. Shares in the independent oil and gas industry mostly ended on a lower note, tracking losses in the broader market. The major movers included Occidental Petroleum Corporation (NYSE: OXY), Oasis Petroleum Inc. (NYSE: OAS), Pioneer Natural Resources Company (NYSE: PXD), and Gran Tierra Energy Inc. (NYSE MKT: GTE). All these companies are tracked by AAAResearchReports.com. Free technical research on OXY, OAS, PXD, and GTE can be downloaded upon signing up at:

http://www.aaaresearchreports.com/register/  

On Tuesday, shares in Occidental Petroleum Corp. edged lower, after hitting a new 52-week high of $96.30. The company's shares closed the day at $95.23, down 0.50% from the previous day's price of $95.71. A total of 3.06 million shares were traded, which is less than the daily average volume of 3.48 million. Despite Tuesday's losses, Occidental Petroleum Corp.'s shares have gained 6.41% in the last one month and 5.21% in the previous three months, compared to a gain of 0.60% and 0.92% in the S&P 500 during the respective periods. Moreover, the company's stock is trading above its 50-day and 200-day moving averages of $90.42 and $87.35, respectively. Sign up and read the complimentary report on OXY at:

http://www.AAAResearchReports.com/OXY101613.pdf  

Shares in Oasis Petroleum Inc. declined on Tuesday, reversing some of the gains from the previous trading session. The company's shares ended the day 1.09% lower at $53.70, after vacillating between $53.09 and $54.39. A total of 2.73 million shares were traded, which is above the daily average volume of 1.75 million. Despite Tuesday's pullback, Oasis Petroleum Inc.'s shares have surged 26.29% in the last one month and 29.18% in the previous 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 $54.46 and above its 50-day and 200-day moving averages of $44.15 and $39.19, respectively. The free report on OAS can be downloaded by signing up now at:

http://www.AAAResearchReports.com/OAS101613.pdf

On Tuesday, shares in Pioneer Natural Resources Co. advanced to close at $199.72, up 2.42% from the previous day's closing price of $195.01. The company's shares oscillated between $193.50 and $202.40 during the trading session. A total of 2.58 million shares were traded, which is above the daily average volume of 1.06 million. The company's shares have surged 8.06% in the last one month and 30.96% in the previous three months, outperforming the S&P 500 which has advanced 0.60% and 0.92% during the respective periods. Further, Pioneer Natural Resources Co.'s stock is trading near its 52-week high of $202.81 and above its 50-day and 200-day moving averages of $181.90 and $144.29, respectively. A free report on PXD can be accessed by registering at:

http://www.AAAResearchReports.com/PXD101613.pdf

Gran Tierra Energy Inc.'s stock plummeted on Tuesday, reversing all the gains from the previous trading session. The company's shares ended the day 5.88% lower at $7.20, after fluctuating between $7.15 and $7.66. A total of 1.82 million shares were traded, which is above the daily average volume of 0.80 million. Despite Tuesday's decline, Gran Tierra Energy Inc.'s shares have gained 3.30% in the last one month and 18.42% in the previous three months, compared to a gain of 0.60% and 0.92% in the S&P 500 during the respective periods. Additionally, the company's stock is trading above its 50-day and 200-day moving averages of $6.90 and $6.13, respectively. Register with AAAResearchReports.com and download research on GTE for free at:

http://www.AAAResearchReports.com/GTE101613.pdf

EDITOR NOTES:

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  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 making mistakes. If you notice any errors or omissions, please notify us below.
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SOURCE AAA Research Reports



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