Advertisement
Canada markets closed

  • S&P/TSX

    21,969.24
    +83.86 (+0.38%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CAD/USD

    0.7316
    -0.0007 (-0.10%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • Bitcoin CAD

    86,326.78
    -1,614.20 (-1.84%)
     

  • CMC Crypto 200

    1,304.48
    -92.06 (-6.59%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • RUSSELL 2000

    2,002.00
    +20.88 (+1.05%)
     

  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     

  • NASDAQ

    15,927.90
    +316.14 (+2.03%)
     

  • VOLATILITY

    15.03
    -0.34 (-2.21%)
     

  • FTSE

    8,139.83
    +60.97 (+0.75%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • CAD/EUR

    0.6838
    +0.0017 (+0.25%)
     

Wall Street Fundamentals Releases New In-Depth Stock Reports on COP, CVX, WPX and XOM

ACCESSWIRE

U.S. stocks fell Wednesday, reversing Tuesday’s gains, on growing concerns that the Federal Reserve will begin to scale back stimulus measures as the U.S. economy continues to show improvement. Earlier this week, economic data showed consumer confidence was at a five-year high and home prices in April posted its largest gain in 7 years. On Wednesday, crude-oil futures declined 2 percent to settle near $93 a barrel, which was a four-week low.

ConocoPhillips (NYSE:COP - News) shares traded in the range of $62.20 to $63.01 Wednesday before settling to close at $62.78, up approximately 8.2 percent year-to-date. The stock appears to be facing resistance at the $64.33 and $64.98 levels. The company has declared a quarterly dividend of $0.66 per share, payable June 3, 2013. As of March 31, 2013, ConocoPhillips held total assets of $118 billion.

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 $124.81 to $126.73 Wednesday before settling to close at $125.49, up approximately 16.0 percent year-to-date. The stock appears to have strong support at $124.96. The company plans to invest approximately $36.7 billion in 2013, with a 90 percent focus on upstream activities.

ADVERTISEMENT

More information on Chevron and access to the free equity report can be found at: www.WallStreetFundamentals.com/CVX

WPX Energy Inc. (NYSE:WPX - News) shares traded in the range of $19.36 to $19.97 Wednesday before settling to close at $19.73, a decrease of 1.05 percent. The stock appears to be facing resistance at $19.76 with some support at $18.51. The company reported a 31 percent sequential increase in consolidated oil revenues for the first quarter of 2013. Shares of WPX Energy have gained approximately 32.5 percent in 2013.

More information on WPX Energy and access to the free equity report can be found at: www.WallStreetFundamentals.com/WPX

Exxon Mobil Corporation (NYSE:XOM - News) shares traded in the range of $91.59 to $92.42 Wednesday before settling to close at $92.08. The stock appears to be some resistance at $93.32 with support at $91.78. The company has recently reported that it has commenced development of the Julia oil field in the Gulf of Mexico. Capital costs are estimated to be more than $4 billion and oil production is expected to commence in 2016. Shares of ExxonMobil have gained approximately 6.4 percent in 2013.

More information on Exxon Mobil and access to the free equity report can be found at: www.WallStreetFundamentals.com/XOM

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

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.

Contact: Wall Street Fundamentals Website: www.WallStreetFundamentals.com Email: editor@wallstreetfundamentals.com