Today's Research: Chevron Corp., Statoil ASA, Ecopetrol S.A., and Eni SpA

LONDON, September 13, 2013 /PRNewswire/ --


Editor Note: For more information about this release, please scroll to bottom.

On Thursday, September 12, 2013, all three benchmark indexes closed lower, with the NASDAQ Composite, Dow Jones Industrial Average and the S&P 500 falling by 0.24%, 0.17% and 0.34%, respectively. Shares in major integrated oil and gas industry ended on a negative note as the broader market edged lower. The major movers in the sector included Chevron Corporation (NYSE: CVX), Statoil ASA (NYSE: STO), Ecopetrol S.A. (NYSE: EC), and EniSpA (NYSE: E). AAAResearchReports.com has completed their technical analysis on CVX, STO, EC, and E and these free reports are accessible by registering at:

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

Chevron Corp.'s stock ended nearly flat on Thursday, even as the broader market finished on a lower note. The company's shares fluctuated between $123.64 and $124.62 before finishing the day at $123.89, down 0.02% from the previous day's price of $123.92. A total of 4.53 million shares were traded, which is below the daily average volume of 5.08 million. The company's shares have gained 1.37% in the previous three trading sessions and 1.72% in the last one month, compared to a gain of 0.70% and a loss of 0.36% in the S&P 500 during the respective periods. Moreover, Chevron Corp.'s stock is currently trading above its 50-day and 200-day moving averages of $122.66 and $118.13, respectively. Sign up for free technical research on CVX at:

http://www.AAAResearchReports.com/CVX091313.pdf

Shares in Statoil ASA edged lower on Thursday as the broader markets ended on a negative note. The company's shares closed the day 0.13% lower at $22.64 after oscillating between $22.60 and $22.77. A total of 1.60 million shares were traded, which is marginally below the daily average volume of 1.62 million. Despite Thursday's losses, Statoil ASA's shares have gained 0.85% in the previous three trading sessions and 5.16% in the last one month, compared to a gain of 0.70% and a loss of 0.36% in the S&P 500 during the respective periods. Further, the company's stock is currently trading above its 50-day moving average of $21.71. Be sure to read our latest technical research on STO by registering at:

http://www.AAAResearchReports.com/STO091313.pdf

On Thursday, Ecopetrol S.A.'s stocks ended the day 0.70% lower at $46.51, reversing some of its gains from the previous trading sessions. The company's shares oscillated between $46.38 and $46.79 during the trading session. A total of 0.17 million shares were traded, which is below the daily average volume of 0.38 million. Despite Thursday's pullback, the company's shares have gained 2.04% in the previous three trading sessions and 11.80% in the last three months, compared to a gain of 0.70% and 4.40% in the S&P 500 during the respective periods. Moreover, Ecopetrol SA's stock is trading above its 50-day moving average of $45.05. Sign up and read the complimentary report on EC at:

http://www.AAAResearchReports.com/EC091313.pdf

On Thursday, EniSpA's stock ended the session 0.50% lower than the previous day's price of $46.15. The company's shares oscillated between $45.90 and $46.30 before closing the day at $45.92. A total of 0.07 million shares were traded, which is below the daily average volume of 0.31 million. The company's shares have gained 0.66% in the last one month, outperforming the S&P 500 which has fallen by 0.36% during the same period. Additionally, EniSpA's stock is trading above its 50-day moving average of $44.52. The free report on E can be downloaded by signing up now at:

http://www.AAAResearchReports.com/E091313.pdf

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SOURCE AAA Research Reports

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