18.10.2013 14:14:00
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Early Morning Insight: Tesoro Corp., Hess Corp., Penn Virginia Corp., and Linn Co. LLC
LONDON, October 18, 2013 /PRNewswire/ --
On Thursday, October 17, 2013, the S&P 500 ended the day at 1,733.15, up 0.67%; the Dow Jones Industrial Average closed at 15,371.65, down 0.01%; and the NASDAQ Composite finished at 3,863.15, up 0.62%. Shares in the basic materials-oil and gas sector mostly ended on a higher note, even as the broader market fluctuated between gains and losses. The major movers in the sector included Tesoro Corporation (NYSE: TSO), Hess Corporation (NYSE: HES), Penn Virginia Corporation (NYSE: PVA), and LinnCo LLC (NASDAQ: LNCO). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on TSO, HES, PVA, and LNCO now at:
http://www.aaaresearchreports.com/register/
Shares Tesoro Corp. rallied on Thursday, even as the broader market ended on a mixed note. The company's shares traded between $45.21 and $48.06 before ending the day 5.65% higher at $47.84. A total of 5.48 million shares were traded, which is above the daily average volume of 3.32 million. The company's shares have advanced 4.98% in the previous three and 4.96% in the last one month, outperforming the S&P 500, which has gained 1.35% and 1.67% during the respective periods. Moreover, Tesoro Corp.'s stock is trading above its 50-day moving average of $46.45. Download free research on TSO today by registering at:
http://www.AAAResearchReports.com/TSO101813.pdf
On Thursday, Hess Corp.'s stock edged higher, hitting a new 52-week high of $82.59. The company's shares closed the day at $82.39, up 0.10% from the previous day's price of $82.31. A total of 2.79 million shares were traded, which is above the daily average volume of 2.65 million. The company's shares have gained 5.91% in the last one month and 15.59% in the previous three months, outperforming the S&P 500, which has gained 1.67% and 3.11% during the respective periods. Furthermore, Hess Corp.'s stock is trading above its 50-day and 200-day moving averages of $77.35 and $70.29, respectively. Sign up and have access to our free report on HES at:
http://www.AAAResearchReports.com/HES101813.pdf
Shares in Penn Virginia Corp. ended lower on Thursday, reversing some of the gains from the previous trading session. The company's shares traded between $7.62 and $7.91 before finishing the day 0.77% lower at $7.70. A total of 1.31 million shares were traded, which is below the daily average volume of 1.80 million. Despite Thursday's losses, the company's shares have surged 24.80% in the last one month and 54.31% in the previous three months, outperforming the S&P 500, which has gained 1.67% and 3.11% during the respective periods. Additionally, Penn Virginia Corp.'s stock is trading above its 50-day and 200-day moving averages of $5.81 and $4.85, respectively. Sign up and read the complimentary report on PVA at:
http://www.AAAResearchReports.com/PVA101813.pdf
LinnCo LLC's stock advanced on Thursday, reversing most of the losses from the previous trading session. The company's shares closed the day at $30.65, up 1.32%, after fluctuating between $30.20 and $30.94 during the trading session. A total of 0.30 million shares were traded, which is below the daily average volume of 0.39 million. Moreover, LinnCo LLC's stock is trading above its 50-day moving average of $28.64. Despite Thursday's gains, the company's shares have fallen by 0.26% in the previous three trading sessions, compared to a gain of 1.35% in the S&P 500 during the same period. The free report on LNCO can be downloaded by signing up now at:
http://www.AAAResearchReports.com/LNCO101813.pdf
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SOURCE AAA Research Reports
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