Today's Research: ConocoPhillips, Halcon Resources Corp., Occidental Petroleum Corp., and Turquoise Hill Resources Ltd

Tue Sep 17, 2013 8:01am EDT

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Today's Research: ConocoPhillips, Halcon Resources Corp., Occidental Petroleum Corp., and Turquoise Hill Resources Ltd

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PR Newswire

LONDON, September 17, 2013 /PRNewswire/ --

On Monday, September 16, 2013, the U.S equity market ended on a mixed note. The S&P 500 closed at 1,697.60, up 0.57%; the Dow Jones Industrial Average ended at 15,494.78, up 0.77%; while the NASDAQ Composite closed at 3,717.85, down 0.12%. Shares in the basic materials-oil and gas sector ended higher, even as the broader market finished on a mixed note. The major movers in the sector included ConocoPhillips (NYSE: COP), Halcon Resources Corporation (NYSE: HK), Occidental Petroleum Corporation (NYSE: OXY), and Turquoise Hill Resources Ltd. (NYSE: TRQ). AAAResearchReports.com has completed their technical analysis on COP, HK, OXY, and TRQ and these free reports are accessible by registering at:

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

On Monday, shares in ConocoPhillips edged slightly higher, hitting a new 52-week high of $69.81. The company's shares fluctuated between $69.14 and $69.81 before finishing the day 0.22% higher at $69.34. A total of 4.79 million shares were traded, which is below the daily average volume of 5.66 million. The company's shares have surged 13.62% in the previous three months and 2.91% in the last one month, outperforming the S&P 500 which has gained 4.36% and 2.52% during the respective periods. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages of $66.25 and $61.26, respectively. Sign up for free technical research on COP at:

http://www.AAAResearchReports.com/COP091713.pdf

Halcon Resources Corp.'s shares edged higher on Monday, reversing some of the losses from the previous trading session. The company's shares closed at $4.72, up 0.21%, after oscillating between $4.66 and $4.77. A total of 6.00 million shares were traded, which is above the daily average volume of 5.54 million. The company's shares have lost 4.26% in the previous three trading sessions, underperforming the S&P 500 which has gained 0.50% during the same period. Further, Halcon Resources Corp.'s stock is trading below its 50-day and 200-day moving averages of $5.40 and $6.41, respectively. Be sure to read our latest technical research on HK by registering at:

http://www.AAAResearchReports.com/HK091713.pdf

Shares in Occidental Petroleum Corp. advanced on Monday, finishing at $89.68, up 0.21% from the previous day's closing price of $89.49. The company's shares oscillated between $89.46 and $90.45 during the trading session. A total of 4.20 million shares were traded, which is above the daily average volume of 3.56 million. The company's stock has gained 3.66% in the last one month, compared to a gain of 2.52% in the S&P 500 during the same period. Additionally, Occidental Petroleum Corp.'s stock is trading above its 50-day and 200-day moving averages of $89.12 and $85.54, respectively. Sign up and read the complimentary report on OXY at:

http://www.AAAResearchReports.com/OXY091713.pdf

On Monday, Turquoise Hill Resources Ltd's stock surged to close at $5.18, up 2.37% from the previous day's closing price of $5.06. The company's shares oscillated between $5.12 and $5.22 during the trading session. A total of 1.87 million shares were traded, which is below the daily average volume of 3.48 million. The company's stock has gained 3.60% in the last one month, compared to a gain of 2.52% in the S&P 500 during the same period. Moreover, Turquoise Hill Resources Ltd's stock is trading above its 50-day moving averages of $5.15. The free report on TRQ can be downloaded by signing up now at:

http://www.AAAResearchReports.com/TRQ091713.pdf

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