30.07.2013 14:00:00
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Early Briefing and Review: Patterson-UTI Energy, Ensco, Key Energy, and Breitburn Energy
LONDON, July 30, 2013 /PRNewswire/ --
On Monday, July 29, 2013, shares in oil & gas drilling & exploration companies ended mostly lower, tracking the broader market which also edged lower as investors remained on the sidelines ahead of the release of the Federal Reserve's monetary policy statement and some key economic data. The major movers in the industry included Patterson-UTI Energy Inc. (NASDAQ: PTEN), ENSCO Plc (NYSE: ESV), Key Energy Services Inc. (NYSE: KEG), and BreitBurn Energy Partners L.P. (NASDAQ: BBEP). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
http://www.aaaresearchreports.com/register/
Shares in Patterson-UTI Energy Inc. slipped on Monday, extending their losses from previous trading sessions. The company's shares oscillated between $19.61 and $20.16 before finishing the day 2.14% lower at $19.67. A total of 1.94 million shares were traded, which is below the daily average volume of 3.02 million. Patterson-UTI Energy's shares have fallen by 8.04% in the last three trading sessions, underperforming the S&P 500 which has declined by 0.04%. Further, the stock has advanced 1.63% in the last one month as compared to a gain of 4.92% in the S&P 500. Sign up for free report on PTEN at
http://www.AAAResearchReports.com/PTEN073013.pdf
Ensco Plc's stock moved lower on Monday, tracking losses in the broader market. The company's shares ended the day 0.73% lower at $58.42 after fluctuating between $58.30 and $59.09. A total of 1.42 million shares were traded, which is below the daily average volume of 1.54 million. The stock has fallen by 2.71% in the last three trading sessions, underperforming the S&P 500. ESV free technical report can be accessed by signing up at:
http://www.AAAResearchReports.com/ESV073013.pdf
Shares in Key Energy Services Inc. tumbled on Monday, finishing at $6.37, down 6.60% from its previous closing price. The company's shares fluctuated between $6.28 and $6.79. A total of 4.37 million shares were traded, which is nearly double the daily average volume of 2.23 million. Despite Monday's sharp decline, Key Energy Services' shares have gained 7.06% in the last one month, outperforming the S&P 500. A free report on KEG can be accessed by registering at:
http://www.AAAResearchReports.com/KEG073013.pdf
BreitBurn Energy Partners L.P.'s stock gained on Monday even as the broader market moved lower. The company's shares oscillated between $17.90 and $18.16 before ending the session 0.72% higher at $18.12. A total of 509,990 shares were traded, which is below the daily average volume of 1.50 million. The company's shares have fallen by 11.82% in the last three months, underperforming the S&P 500 which has gained 5.76% during the same period. Register with AAA Research Reports and download research on BBEP for free at:
http://www.AAAResearchReports.com/BBEP073013.pdf
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SOURCE AAA Research Reports
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