Technical briefing on Noble, Halc, Kodiak Oil & Gas, Nabors Industries, and Pengrowth Energy
Wednesday, Mar 06, 2013
LONDON, March 5, 2013 /PRNewswire/ --The shale revolution in the U.S. has been the biggest trend in the oil and gas drilling & exploration industry. The International Energy Agency expects the U.S. to become the world's top oil producer before 2020. For companies such as Noble Corporation (NYSE: NE), Halcon Resources Corp. (NYSE: HK), Kodiak Oil & Gas Corp. (NYSE: KOG), Nabors Industries Ltd. (NYSE: NBR), and Pengrowth Energy Corp. (NYSE: PGH) this is will be a boon. StockCall has posted free technical research reports on N,E HK, KOG, NBR, and PGH and these can be accessed by signing up at http://www.stockcall.com/analysis.
Shares of Noble Corp. fell in Monday's trading session. The stock closed 1.50% lower at $34.84 on volume of 3.76 million. The stock has now fallen more than 4% in the last three trading sessions. Year-to-date, Noble Corp.'s shares have gained just 0.06%, even as the S&P 500 is up nearly 7%. The company's shares have slipped below their 50-day and 200-day moving averages, which is a bearish signal. The bearish trend is further confirmed by the MACD. The stock's MACD is trading well below the signal line and the zero-line. Noble Corporation shares currently have support at around $34. Download the free report on NE upon registration at
Shares of Halcon Resources Corp. fell sharply in Monday's trading session even as the broad market edged higher. The stock closed 4.36% lower at $6.36 on above average volume of 6.26 million. The company's shares have fallen more than 11% in the last three trading sessions, indicating that market sentiment is currently bearish on the stock. The bearish trend is confirmed by the MACD chart. The stock's MACD has slipped below the signal line and the zero-line. The stock is also trading well below its 50-day and 200-day moving averages. Its shares currently have support at around $6. HK technical report can be accessed for free by signing up at
Shares of Kodiak Oil & Gas Corp. ended marginally higher in Monday's trading session. The stock closed 0.34% higher at $8.88 on above average volume of 6.66 million. Year-to-date, the stock has gained just 0.34%, underperforming the S&P 500, which is up nearly 7% for the year. The company's shares are currently trading close to $8.80, which is a key support level for the stock. The stock currently faces resistance at around $9. Recent volume activity suggests that market sentiment has turned bullish on Kodiak Oil & Gas. Free report on KOG can be accessed by registering at
Shares of Nabors Industries Ltd. fell sharply in Monday's trading session. The stock closed 1.95% lower at $16.13 on volume of 4.62 million. Despite the sharp decline yesterday, the company's shares are still up more than 11% for the year. The stock is currently trading above its 50-day and 200-day moving averages. Register with StockCall and download the research on NBR for free at
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