StockCall.com Provides Stock Research on Suncor Energy, Devon Energy, Anadarko Petroleum, Linn Energy, and Plains Exploration & Production
New York City, New York -- (April 24, 2013)
Despite a fake Tweet scare in the mid-session, the markets concluded Tuesday’s trading session on a positive note. The main catalyst for the stocks came from earnings reported by major companies. The Basic Materials sector followed the broad market trend and companies like Suncor Energy Inc. (NYSE: SU), Devon Energy Corp (NYSE: DVN), Anadarko Petroleum Corporation (NYSE: APC), Linn Energy LLC (NASDAQ: LINE) and Plains Exploration & Production Company (NYSE: PXP) from the Independent Oil & Gas industry posted good growth for the session. StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at
Suncor Energy Inc. rose in Tuesday’s trading session. The stock closed 0.82 percent higher at $28.13 with above average volume of 5.50 million shares, showing a bullish trend. Suncor has its first support level at $27.95. Upon breaching this level, its next support level is at $26.73. The company has its 52-week high at $35.82, while its 52-week low stands at $25.95. It commands market capitalization of $42.57 million. The stock is also trading above its short-term and long-term average price, further confirming a bullish trend. Sign up for the free report on SU at
www.StockCall.com/SU042413.pdf
Devon Energy Corp. closed yesterday’s trading session with strong upward movement, accompanied with above average volume. The stock ended at $52.93, up 2.38 percent from its previous close. It traded in the range of $51.11 and $52.96 during Tuesday’s session. Stock of DVN is highly volatile as it commands beta of 1.21. The company’s current market capitalization stands at $21.49 billion. The stock has gained 3.48 percent on a YTD basis while its 52 weeks loss stands at 18.86 percent. DVN free technical report can be accessed by signing up at
www.StockCall.com/DVN042413.pdf
Anadarko Petroleum Corporation gained marginally with below volume to end its latest session at $81.57. The stock ended 0.64 percent higher than its previous close. Its volume for the day stood at 3.20 million shares. The stock is currently trading higher than its 20-day SMA and its 50-day SMA, showing a neutral trend. Its first resistance level is at $83.79 while it may tumble down to $81.55 before receiving any support. Free report on APC can be accessed by registering at
www.StockCall.com/APC042413.pdf
Linn Energy LLC extended its 52 weeks gain by closing 1.14 percent higher. The stock ended its Tuesday session at $38.95, while its highest price point for the session stood at $38.99. It traded 780,820 shares, down from its average daily volume of 1.47 million. The stock traded in the range of $34.27 and $42.57 in the past 52 weeks. The company commands market capitalization of $9.16 billion. Linn Energy’s stock gained more than 10 percent so far in the current calendar year.Register withStockCall and download the research on LINE for free at
www.StockCall.com/LINE042413.pdf
Plains Exploration & Production Company’s stock is down 1.76 percent on a YTD basis, despite its 0.67 percent gain in the previous trading session. The stock closed at $45.26 after trading in the range of $44.56 and $45.29. The stock shows a neutral streak and may touch $46.27 level. Its second resistance level is at $47.83. It traded 2.55 million shares during the session, up from its average trading volume of 2.25 million. Read the full free research on PXP by signing up to StockCall at
www.StockCall.com/PXP042413.pdf
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