Research Report Initiated on Select Oil & Gas Equities

LONDON, UK / ACCESSWIRE / June 17, 2016 / ActiveWallSt.com announces the list of stocks for today’s research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Major Integrated Oil & Gas industry. Companies recently under review include Encana, Exxon Mobil, BP PLC, and Chevron. Register with us now for your free membership and see our complete reports on these equities at:

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Today, ActiveWallSt.com is promoting its equity research coverage. Get all of our research report free by signing up to http://www.activewallst.com/register/.

Oil prices have been volatile in recent days, but for investors some stocks in the Major Integrated Oil and Gas space continue to be enticing. Let us see how some of the big names in the industry are reacting with recent market events. Visit us now and register for the free research reports at:

http://www.activewallst.com/register/

Let us take a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.

Encana Corp. (NYSE: ECA)

Calgary, Canada headquartered Encana Corp.’s stock finished Thursday’s session 2.01% lower at $7.80 with a total volume of 13.35 million shares traded. The Company’s shares have advanced 5.75% in the past month, 26.65% in the previous three months, and 53.96% since the start of this year. The stock is trading 7.58% above its 50-day moving average and 22.66% above its 200-day moving average. Additionally, shares of Encana, which engages in the development, exploration, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the U.S., have a Relative Strength Index (RSI) of 50.17.

Exxon Mobil Corp. (NYSE: XOM)

On Thursday, shares in Irving, Texas headquartered Exxon Mobil Corp. recorded a trading volume of 12.81 million shares, which was above their three moths average volume of 10.59 million shares. The stock ended the session 1.18% higher at $91.22. The Company’s shares have advanced 1.89% in the last one month, 9.38% in the previous three months, and 19.08% on an YTD basis. The stock is trading 3.90% above its 50-day moving average and 13.74% above its 200-day moving average. Moreover, shares of Exxon Mobil, which explores for and produces crude oil and natural gas in the U.S., Canada/South America, Europe, Africa, Asia, and Australia/Oceania, have an RSI of 63.48. On June 02nd, 2016, research firms Bank of America/ Merrill downgraded the Company’s stock rating from ‘Buy’ to ‘Neutral’.

BP PLC (NYSE: BP)

Shares in London, the United Kingdom headquartered BP PLC closed the day 2.83% higher at $32.03. The stock recorded a trading volume of 13.41 million shares, which was higher than its three months average volume of 8.92 million shares. The Company’s shares have gained 3.46% in the previous three months and 6.60% on an YTD basis. The stock is trading 1.34% above its 50-day moving average and 3.99% above its 200-day moving average. Additionally, shares of BP PLC, which operates as an integrated oil and gas Company globally, have an RSI of 51.03. Yesterday, research firm Citigroup issued an upgrade rating from ‘Neutral’ to ‘Buy’ for the Company’s stock.

Chevron Corp. (NYSE: CVX)

At the close, shares in San Ramon, California headquartered Chevron Corp., which engages in integrated energy, chemicals, and petroleum operations globally, finished at $101.07, gaining 0.44%. The stock recorded a trading volume of 8.00 million shares, which was above its three months average volume of 6.99 million shares. The Company’s shares have advanced 0.32% in the last one month, 5.42% in the previous three months, and 14.98% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.09% and 13.73%, respectively. Furthermore, shares of Chevron have an RSI of 49.93.

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