LONDON, August 23, 2013 /PRNewswire/ --
The U.S. equity market rebounded on Thursday, August 22, 2013. The S&P 500 rose 0.86% to close the day at 1,656.96, and the NASDAQ composite rose 1.08% to close the day at 3,638.71. Shares in independent oil & gas companies ended on a higher note, tracking gains in the broader market. The major movers in the industry on Thursday included Forest Oil Corporation (NYSE: FST), Quicksilver Resources Inc. (NYSE: KWK), EXCO Resources Inc. (NYSE: XCO), and Canadian Natural Resources Ltd. (NYSE: CNQ). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on FST, KWK, XCO, and CNQ now at:
Forest Oil Corporation's shares moved higher on Thursday, tracking gains in the broader market. The company's shares ended the day at $5.37, up 0.19%, after oscillating between $5.30 and $5.44. A total of 2.40 million shares were traded, which is below the daily average volume of 3.83 million. The company's stock has gained 10.04% in the last three months, outperforming the S&P 500 which has gained 0.10% during the same period. Further, the stock is trading above its 50-day moving average. Download free research on FST today by registering at:
Quicksilver Resources Inc.'s stock rose sharply on Thursday, finishing at $1.64, up 1.23% from the previous closing price of $1.62. The company's shares fluctuated between $1.62 and $1.67. A total of 1.55 million shares were traded, which is below the daily average volume of 3.20 million. The Company's stock has gained 0.61% in the previous three trading sessions, compared to a gain of 0.66% in the S&P 500 during the same period. Sign up and have access to our free report on KWK at:
On Thursday, shares in EXCO Resources Inc. also rose sharply, reversing their losses from previous trading sessions. The company's shares vacillated between $7.40 and 7.71 to end the day 2.17% higher at $7.54. A total of 2.07 million shares were traded, which is below the daily average volume of 2.73 million. The company's shares have gained 1.34% in the last three trading sessions, outperforming the S&P 500 which has gained 0.66% during the same period. Additionally, EXCO Resources Inc.'s stock is trading above its 200- day moving average of $7.48. Sign up and read the complimentary report on XCO at:
Shares in Canadian Natural Resources Ltd. closed the day 1.43% higher at $29.70 after oscillating between $29.23 and $29.77. A total of 1.13 million shares were traded, which is below the daily average volume of 2.36 million. The company's shares have gained 0.13% in the last three days, compared to a gain of 0.66% in the S&P 500 during the same period. Despite Thursday's advances, Canadian Natural Resources Ltd's stock is trading below its 50-day and 200-day moving averages. The free report on CNQ can be downloaded by signing up now at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA ® charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
SOURCE AAA Research Reports