Technical Research on Oil & Gas Equities -- BP PLC, Chevron, Encana, and Exxon Mobil
NEW YORK, Nov. 8, 2017 /PRNewswire/ -- If you want a Stock Review on BP, CVX, ECA, or XOM then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com explores the Major Integrated Oil and Gas space, which differs from the rest of the industry for the simple fact that its operations involve the integration of most or all aspects of the value chain, from exploration to marketing and retail. Equities in today's lineup are: BP PLC (NYSE: BP), Chevron Corp. (NYSE: CVX), Encana Corp. (NYSE: ECA), and Exxon Mobil Corp. (NYSE: XOM). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
http://dailystocktracker.com/register/
BP PLC
On Tuesday, shares in London, the UK headquartered BP PLC recorded a trading volume of 4.71 million shares, which was higher than their three months average volume of 4.63 million shares. The stock ended the day at $41.48, climbing 0.17% from the last trading session. The Company's shares have advanced 7.85% in the past month, 14.71% in the previous three months, and 10.97% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.72% and 16.27%, respectively. Furthermore, shares of BP PLC, which operates as an integrated oil and gas company worldwide, have a Relative Strength Index (RSI) of 82.54. Sign up and read the free research report on BP at:
http://dailystocktracker.com/registration/?symbol=BP
Chevron
San Ramon, California headquartered Chevron Corp.'s stock rose 0.17%, finishing yesterday's session at $117.24. A total volume of 5.22 million shares was traded, which was above their three months average volume of 5.03 million shares. The Company's shares have gained 5.73% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 1.39% and 6.89%, respectively. Additionally, shares of Chevron, which through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide, have an RSI of 53.19.
On October 18(th), 2017, research firm Societe Generale downgraded the Company's stock rating from 'Buy' to 'Hold'.
On October 30(th), 2017, Chevron announced a seven-year partnership with Microsoft Corp., establishing it as Chevron's primary cloud provider, accelerating the application of advanced technologies including analytics and the Internet of Things to drive performance and improve efficiencies. The Microsoft strategic partnership is also part of Chevron's overall digitization initiative, a multi-year effort to streamline information technology operations around a digital core connecting the Company's engineers and operations through nimble analytics and increased automation. The complimentary research report on CVX can be downloaded at:
http://dailystocktracker.com/registration/?symbol=CVX
Encana
Shares in Calgary, Canada headquartered Encana Corp. ended the session 1.24% lower at $12.75. The stock recorded a trading volume of 13.38 million shares, which was above its three months average volume of 12.14 million shares. The Company's shares have gained 12.63% in the last one month, 30.37% over the previous three months, and 8.60% on an YTD basis. The stock is trading 16.81% above its 50-day moving average and 19.75% above its 200-day moving average. Moreover, shares of Encana, which together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the US, have an RSI of 71.75.
On October 11(th), 2017, research firm Barclays reiterated its 'Overweight' rating on the Company's stock with an increase of the target price from $9 a share to $12 a share.
On November 01(st), 2017, Encana announced that it will release its Q3 2017 results on November 08(th), 2017. A conference call and webcast will be held for the investment community the same day at 9:00 a.m. ET to discuss the results. The live audio webcast of the conference call, including slides, will be available on the Company's website. Register for free on DailyStockTracker.com and access the latest report on ECA at:
http://dailystocktracker.com/registration/?symbol=ECA
Exxon Mobil
At the closing bell on Tuesday, Irving, Texas headquartered Exxon Mobil Corp.'s stock declined 0.20%, finishing at $83.58. A total volume of 8.43 million shares was traded. The Company's shares have gained 1.89% in the last month and 4.20% over the previous three months. The stock is trading 3.04% and 2.74% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Exxon Mobil have an RSI of 62.20.
On October 27(th), 2017, Exxon Mobil announced that it has completed an agreement to purchase half of Statoil's interest in the BM-S-8 block offshore Brazil, which contains part of the pre-salt Carcara oil field. The Carcara field contains an estimated recoverable resource of two billion barrels of high-quality oil. The block is located approximately 200 miles offshore Rio de Janeiro.
On November 07(th), 2017, research firm HSBC Securities downgraded the Company's stock rating from 'Hold' to 'Reduce'. The free research report on XOM can be downloaded at:
http://dailystocktracker.com/registration/?symbol=XOM
--
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@dailystocktracker.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://dailystocktracker.com/disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: contact@dailystocktracker.com
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
View original content:http://www.prnewswire.com/news-releases/technical-research-on-oil--gas-equities----bp-plc-chevron-encana-and-exxon-mobil-300551689.html
SOURCE dailystocktracker.com
