Yahoo Finance Wall Street Fundamentals Releases New In-Depth Stock Reports on AGU, IPI, MOS and POT
Oil futures reached an eighteen-month high Tuesday as concerns of a potential military strike in Syria has raised supply concerns. October crude futures closed at $109.01 a barrel on the New York Mercantile Exchange, while Brent futures gained 3.2 percent to close at $114.28. Although Syria is not considered a major oil producer, it is located near major pipelines and sea routes. "This is the largest geo-political risk since the start of the Iraq war," said Mike O'Rourke, chief market strategist at US-based Jones Trading. Here is how some Energy stocks reacted Wednesday:
BP plc (NYSE:BP - News) shares traded in the range of $41.34 to $41.78 Tuesday before settling to close at $41.47, an increase of 0.27 percent. The stock appears to be facing some resistance at the $41.73 and $42.15 levels with some support at $41.29.
More information on BP and access to the free equity report can be found at:
www.WallStreetFundamentals.com/BP
ConocoPhillips (NYSE:COP - News) shares traded in the range of $42.32 to $43.44 Tuesday before settling to close at $66.02, a decrease of 0.44percent. The stock appears to be facing some resistance at the $66.21 and $67.14 levels with some support at $64.88. Shares of ConocoPhillips have gained approximately 14.0 percent in 2013.
More information on ConocoPhillips and access to the free equity report can be found at:
www.WallStreetFundamentals.com/COP
Chevron Corporation (NYSE:CVX - News) shares traded in the range of $118.07 to $119.67 Tuesday before settling to close at $118.81, a decrease of 0.03 percent. The stock appears to be facing some resistance at the $119.76 and $121.27 levels with some support at $116.72. Shares of Chevron have gained approximately 10.0 percent in 2013.
More information on Chevron and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CVX
Exxon Mobil Corporation (NYSE:XOM - News) shares traded in the range of $86.58 to $87.49 Tuesday before settling to close at $86.82, a decrease of 0.31 percent. The stock appears to be facing some resistance at the $87.07 and $87.51 levels with some support at $86.08.
More information on Exxon Mobil and access to the free equity report can be found at:
www.WallStreetFundamentals.com/XOM
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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.
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