StockCall Study on Valero Energy, Marathon Oil, HollyFrontier, Western Refining, and PBF Energy
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For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130411:nPn4119621 LONDON, April 11, 2013 /PRNewswire/ -- 2012 was a challenging year for the oil and gas refining & marketing industry due to an uncertain global economic environment. Meanwhile, geopolitical tensions in the Middle-East pushed prices of crude oil higher, hurting refiners' margins. However, economic outlook has improved significantly since the start of this year. Refining and marketing companies such as Valero Energy Corporation (NYSE: VLO), Marathon Oil Corporation (NYSE: MRO), HollyFrontier Corp. (NYSE: HFC), Western Refining Inc. (NYSE: WNR), and PBF Energy Inc. (NYSE: PBF) are also expected to benefit from the shale boom in the U.S. Oil and gas stocks ended on a mixed note on Wednesday even as the broad market edged higher. StockCall free coverage on VLO, MRO, HFC, WNR, and PBF is available upon registration at http://www.stockcall.com/register Valero Energy Corporation's shares edged higher in trading yesterday. The stock closed 0.73% higher at $42.97 on volume of 10 million. The company's shares touched an intra-day high of $43.30 on Wednesday. The stock has gained more than 2.30% so far this week. For the year, Valero Energy's shares have gained nearly 26.50%, outperforming the S&P 500. Despite the gains posted this year, the stock is still trading 12.25% below its 52-week high. Download the free technical research on VLO by signing up at http://www.StockCall.com/VLO041113.pdf Shares of Marathon Oil Corporation rose sharply on Wednesday, extending their gains for the week. The stock closed 1.31% higher at $33.91 on above average volume of 4.78 million. Marathon Oil's shares have now gained more than 4% this week. Year-to-date, the stock has gained more than 11%, outperforming the S&P 500. The stock has seen a series of highs in the last few trading sessions, which is a bullish signal. The company's shares have also crossed above their 50-day moving average, which further confirms the bullish trend. Register now and get access to the free analysis on MRO at http://www.StockCall.com/MRO041113.pdf HollyFrontier Corp.'s shares edged lower yesterday, reversing some of the gains for the week. The stock closed 0.57% lower at $48.55 on volume of 2.90 million. The stock is now up 1.12% for the week. HollyFrontier's shares are currently trading below its 50-day moving average, which is a bearish signal. The downbeat trend is further confirmed by recent volume activity. Year-to-date, HollyFrontier's shares have gained more than 5.80%. Sign up and read the complimentary report on HFC at http://www.StockCall.com/HFC041113.pdf Shares of Western Refining Inc. also slipped on Wednesday despite the rally in the broad market. The stock closed 0.90% lower at $31.98 on volume of 1.72 million. Western Refining's shares have outperformed the S&P 500 so far in 2013, gaining nearly 13.90%. Despite the gains, the stock is still trading nearly 19% below its 52-week high. The free report on WNR can be downloaded by signing up now at http://www.StockCall.com/WNR041113.pdf PBF Energy Inc.'s shares rose yesterday, tracking gains in the broad market. The stock closed 1.18% higher at $34.41 on above average volume of 829,000. PBF Energy's shares are currently trading below their 50-day moving average, which is a bearish signal. The stock's MACD is also trading below the signal line and the zero-line, which further confirms the negative trend. Free report on PBF can be accessed by registering at http://www.StockCall.com/PBF041113.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com William T. Knight, Email: email@example.com, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
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