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Today's Technical View: Halcon Resources, Occidental Petroleum, Turquoise Hill Resources, and Statoil

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LONDON, July 8, 2013 /PRNewswire/ --

On Friday, July 5, 2013, shares in oil & gas companies ended mostly lower even as the broader market posted strong gains. The major movers in the sector included Halcon Resources Corp. (NYSE: HK), Occidental Petroleum Corporation (NYSE: OXY), Turquoise Hill Resources Ltd. (NYSE: TRQ), and Statoil ASA (ADR) (NYSE: STO). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on HK, OXY, TRQ, and STO are currently available upon sign up at:

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

Shares in Halcon Resources Corp. ended slightly lower on Friday, reversing some of their gains from previous trading sessions. The company's shares oscillated between $5.66 and $5.81 before finishing the day 0.17% lower at $5.75. A total of 2.90 million shares were traded which is below the daily average volume of 5.06 million. Halcon Resources' shares have gained 2.68% in the last three trading sessions. Sign up for free technical analysis on HK at:

http://www.AAAResearchReports.com/HK070813.pdf

Occidental Petroleum Corporation's stock edged higher on Friday, tracking gains in the broader market. The company's shares ended the day 1.19% higher at $90.83 after fluctuating between $89.35 and $91.09. A total of 2.36 million shares were traded which is below the daily average volume of 4.57 million. The company's shares are currently trading near their 52-week high of $95.57. The stock has gained 10.97% in the last three months, thus outperforming the S&P 500. Download free report on OXY by registering at:

http://www.AAAResearchReports.com/OXY070813.pdf

Shares in Turquoise Hill Resources Ltd. fell sharply on Friday, even as the broader market rallied. The company's shares oscillated between $5.43 and $5.56 before ending the day 1.62% lower at $5.46. A total of 721,511 shares were traded which is less than the daily average volume of 1.90 million. Turquoise Hill Resources' shares have fallen 5.54% in the last three trading sessions. The free report on TRQ can be downloaded by signing up now at:

http://www.AAAResearchReports.com/TRQ070813.pdf

Statoil ASA's stock moved lower on Friday, extending its recent losses. The company's shares recorded an intraday low of $20.30 before closing the day 1.49% lower at $20.43. A total of 1.33 million shares were traded which is below the daily average volume of 1.91 million. The company's shares have fallen 2.06% in the last three trading sessions. A free report on STO can be accessed by registering at:

http://www.AAAResearchReports.com/STO070813.pdf

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SOURCE AAA Research Reports

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