Pre-Market Analysis: Cobalt Intl. Energy Inc., Denbury Resources Inc., WPX Energy Inc., and Continental Resources Inc.

LONDON, October 18, 2013 /PRNewswire/ --

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On Thursday, October 17, 2013, the S&P 500 ended the day at 1,733.15, up 0.67%; the NASDAQ Composite closed at 3,863.15, up 0.62%; while the Dow Jones Industrial Average finished at 15,371.65, down 0.01%. Shares in the independent oil and gas industry ended on a mixed note, as the broader market fluctuated between gains and losses. The major movers in the industry included Cobalt International Energy Inc. (NYSE: CIE), Denbury Resources Inc. (NYSE: DNR), WPX Energy Inc. (NYSE: WPX), and Continental Resources Inc. (NYSE: CLR). All these companies are tracked by AAAResearchReports.com. Free technical research on CIE, DNR, WPX, and CLR can be downloaded upon signing up at:

http://www.aaaresearchreports.com/register/

Cobalt International Energy Inc's stock fell by 2.89% on Thursday, even as the U.S. equity market fluctuated between the gains and losses. The company's shares fluctuated between $22.77 and $23.63 during the trading session before finishing the day at $22.81. A total of 3.84 million shares were traded, which is above the daily average volume of 2.65 million. Cobalt International Energy Inc's shares have lost 4.12% in the previous three trading sessions, underperforming the S&P 500, which has gained 1.35% during the same period. Further, the company's stock is trading below its 50-day and 200-day moving averages of $25.40 and $26.34, respectively. Sign up and read the complimentary report on CIE at:

http://www.AAAResearchReports.com/CIE101813.pdf

On Thursday, Denbury Resources Inc.'s stock ended the session 0.94% lower than the previous day's price of $19.10. The company's shares oscillated between $18.75 and $19.08 before closing the day at $18.92. A total of 3.98 million shares were traded, which is below the daily average volume of 4.63 million. Despite Thursday's losses, the company's shares have advanced 6.95% in the previous one month and 5.35% in the last three months, outperforming the S&P 500, which has gained 1.67% and 3.11% during the respective periods. Additionally, Denbury Resources Inc.'s stock is trading above its 50-day and 200-day moving averages of $17.77 and $17.94, respectively. The free report on DNR can be downloaded by signing up now at:

http://www.AAAResearchReports.com/DNR101813.pdf

Shares in WPX Energy Inc. rose on Thursday, hitting a new 52-week high of $22.23. The company's shares ended the day 1.85% higher at $22.00 after fluctuating between $21.52 and $22.23 during the trading session. A total of 3.30 million shares were traded, which is above the daily average volume of 1.83 million. The company's shares have gained 10.06% in the previous three months and 12.19% in the last one month, outperforming the S&P 500, which has gained 3.11% and 1.67% during the respective periods. Moreover, WPX Energy Inc.'s stock is trading above its 50-day and 200-day moving averages of $19.27 and $17.64, respectively. A free report on WPX can be accessed by registering at:

http://www.AAAResearchReports.com/WPX101813.pdf

Continental Resources Inc.'s stock gained 0.56% on Thursday, extending the gains from the previous trading session. The company's shares vacillated between $115.37 and $117.80 before ending the day at $117.61. A total of 0.96 million shares were traded, which is below the daily average volume of 1.09 million. The company's shares have surged 27.12% in the previous three months and 16.14% in the last one month, outperforming the S&P 500, which has advanced 3.11% and 1.67% during the respective periods. Further, Continental Resources Inc.'s stock is trading near its 52-week high of $117.99 and also above its 50-day and 200-day moving averages of $101.17 and $89.20, respectively. Register with AAAResearchReports.com and download research on CLR for free at:

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