Today's Research: Phillips 66, Marathon Petroleum Corp., Eagle Rock Energy Partners L.P., and Delek US Holdings Inc. Editor Note: For more information about this release, please scroll to bottom.
LONDON, September 13, 2013 /PRNewswire/ --
The U.S. equity market finished on a mixed note on Wednesday, September 11, 2013. The S&P 500 and the Dow Jones posted gains, while the NASDAQ Composite ended slightly lower. Shares in the oil and gas refining and marketing industry also ended on a mixed note. The major movers in the sector included Phillips 66 (NYSE: PSX), Marathon Petroleum Corporation (NYSE: MPC), Eagle Rock Energy Partners LP (NASDAQ: EROC), and Delek US Holdings Inc. (NYSE: DK). AAAResearchReports.com has completed their technical analysis on PSX, MPC, EROC, and DK and these free reports are accessible by registering at:
Shares in Phillips 66 closed slightly higher on Wednesday, even as the broader market ended on a mixed note. The company's shares ended the day 0.25% higher at $56.93 after oscillating between $56.06 and $57.03. A total of 2.60 million shares were traded, which is below the daily average volume of 3.80 million. The company's shares have lost 0.85% in the last three trading sessions, underperforming the S&P 500 which has gained 2.05% during the same period. Additionally, Phillips 66's stock is trading below its 50-day and 200-day moving averages of $58.11 and $59.73, respectively. Sign up for free technical research on PSX at:
On Wednesday, Marathon Petroleum Corp.'s shares oscillated between $66.65 and $68.38 before closing the day at $67.71, which is 0.57% lower than the previous day's closing price of $68.10. A total of 3.77 million shares were traded, which is above the daily average volume of 3.11 million. The company's shares have fallen by 4.43% in the last three days, underperforming the S&P 500 which has gained 2.05% during the same period. Moreover, Marathon Petroleum Corp.'s stock is trading below its 50-day and 200-day moving averages of $71.69 and $74.83, respectively. Be sure to read our latest technical research on MPC by registering at:
Shares in Eagle Rock Energy Partners LP edged higher on Wednesday, even as the U.S equity markets ended on a mixed note. The company's shares ended the day at $6.11, up 0.33%, after fluctuating between $6.05 and $6.14 during the trading session. A total of 0.55 million shares were traded, which is below the daily average volume of 0.82 million. Despite yesterday's gain, the company's shares have lost 0.16% in the last three trading sessions, compared to a gain of 2.05% in the S&P 500 during the same period. Moreover, Eagle Rock Energy Partners LP's stock is trading below its 50-day and 200-day moving averages of $7.01 and $8.61, respectively. Sign up and read the complimentary report on EROC at:
Delek US Holdings Inc.'s shares fell sharply on Wednesday, extending its losses from the previous trading sessions. The company's shares ended the day at $23.04, which is 2.04% lower than the previous day's price of $23.52. The company's shares fluctuated between $22.81 and $23.66 during the trading session. A total of 0.88 million shares were traded, which is above the daily average volume of 0.75 million. The company's shares have declined by 5.30% in the last three trading sessions, underperforming the S&P 500 which has gained 2.05% during the same period. Furthermore, Delek US Holdings Inc.'s stock is trading below its 50-day and 200-day moving averages of $27.75 and $31.99, respectively. The free report on DK can be downloaded by signing up now at:
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SOURCE AAA Research Reports