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SOURCE AAA Research Reports
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LONDON, September 26, 2013 /PRNewswire/ --
The U.S. equity market ended the day lower on Wednesday, September 25, 2013. The Dow Jones Industrial Average closed at 15,273.26, down 0.40%; the S&P 500 closed at 1,692.77, down 0.27%; and the NASDAQ Composite finished at 3,761.10, down 0.19%. Shares in the basic material - oil and gas sector ended on a mixed note, even as the broader market declined. The major movers in the sector included Kodiak Oil and Gas Corporation (NYSE: KOG), Penn West Petroleum Ltd (NYSE: PWE), Enbridge Inc. (NYSE: ENB), and Energy Transfer Partners L.P. (NYSE: ETP). AAAResearchReports.com has tracked KOG, PWE, ENB, and ETP. These reports can be seen for free at:
Kodiak Oil and Gas Corp.'s stock moved higher on Wednesday, hitting a new 52-week high of $11.73. The company's shares oscillated between $11.33 and $11.73 before closing the day at $11.50, up 0.61% from the previous day's closing price of $11.43. A total of 4.32 million shares were traded, which is below the daily average volume of 6.00 million. The company's shares have surged 31.58% in the last three months and 14.09% in the previous one month, compared to a gain of 6.60% and 1.76% in the S&P 500 during the respective periods. Moreover, Kodiak Oil and Gas Corp.'s shares are trading above their 50-day and 200-day moving averages of $10.08 and $9.14, respectively. Download free research on KOG by signing up now at:
Shares in Penn West Petroleum Ltd. rose sharply on Wednesday, even as the broader market finished on a negative note. The company's shares finished the day 1.43% higher at $11.38 after fluctuating between $11.21 and $11.62 during the trading session. A total of 1.86 million shares were traded, which is below the daily average volume of 1.97 million. The company's shares have gained 0.62% in the previous three trading sessions and 6.36% in the last three months, compared to a loss of 1.00% and a gain of 6.60% in the S&P 500 during the respective periods. Further, Penn West Petroleum Ltd.'s stock is trading above its 200-day moving average of $10.76. Register for today's free analysis on PWE at:
On Wednesday, Enbridge Inc.'s stock ended the session 1.35% lower than the previous day's price of $42.18. The company's shares oscillated between $41.54 and $42.48 before closing the day at $41.61. A total of 1.23 million shares were traded, which is above the daily average volume of 0.90 million. The company's shares have gained 1.39% in the previous one month, underperforming the S&P 500 which has gained 1.76% during the same period. Additionally, Enbridge Inc.'s stock is trading below its 50-day and 200-day moving averages of $42.59 and $44.02, respectively. A free report on ENB can be accessed by registering at:
Energy Transfer Partners L.P.'s shares edged lower on Wednesday, reversing all the gains from the previous trading session. The company's shares vacillated between $51.29 and $51.78 before finishing the day 0.21% lower at $51.60. A total of 0.79 million shares were traded, which is below the daily average volume of 1.15 million. The company's shares have gained 0.51% in the previous three trading sessions and 6.46% in the last three months, compared to a loss of 1.00% and a gain of 6.60% in the S&P 500 during the respective periods. Additionally Energy Transfer Partners L.P.'s stock is trading above its 200-day moving average of $48.80. Register with AAA Research Reports and download research on ETP for free at:
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