Advertisement
Canada markets close in 6 hours 22 minutes

  • S&P/TSX

    21,792.37
    +83.93 (+0.39%)
     

  • S&P 500

    5,005.83
    -5.29 (-0.11%)
     

  • DOW

    37,884.62
    +109.24 (+0.29%)
     

  • CAD/USD

    0.7276
    +0.0013 (+0.18%)
     

  • CRUDE OIL

    82.56
    -0.17 (-0.21%)
     

  • Bitcoin CAD

    88,832.02
    +3,226.60 (+3.77%)
     

  • CMC Crypto 200

    1,332.43
    +19.81 (+1.51%)
     

  • GOLD FUTURES

    2,396.80
    -1.20 (-0.05%)
     

  • RUSSELL 2000

    1,942.96
    -4.99 (-0.26%)
     

  • 10-Yr Bond

    4.6100
    -0.0370 (-0.80%)
     

  • NASDAQ

    15,516.57
    -84.93 (-0.54%)
     

  • VOLATILITY

    18.65
    +0.65 (+3.61%)
     

  • FTSE

    7,833.09
    -43.96 (-0.56%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • CAD/EUR

    0.6812
    -0.0009 (-0.13%)
     
MARKETS LIVE BLOG:

STOCKS OPEN MIXED AFTER ISRAEL STRIKE-FUELLED TUMBLE

Shares of Netflix, the first of the megacap techs to report, slide in early trading

Wall Street Fundamentals Releases New In-Depth Stock Reports on DNR, FST, TLM and WPX

ACCESSWIRE

On Wednesday, U.S. crude-oil futures fell after the Energy Information Administration reported a larger than expected rise in crude inventories. Inventories increased by 4.087 million barrels (1.1 percent) last week to 383.9 million barrels, up approximately 2.9 percent when compared to a year ago and above analysts’ forecasts of 3.5 million barrels, according to Platts. Currently levels are the highest since June 21st and are approaching the highest end-October levels seen since 1930. Here is how some energy stocks reacted Wednesday:

Denbury Resources Inc. (NYSE:DNR - News) shares traded in the range of $18.76 to $19.50 Wednesday before settling to close at $19.03, a decrease of 1.65 percent. The stock appears to be facing some resistance at the $19.09 and $19.48 levels with some support at $18.91. Shares of Denbury Resources have gained approximately 17.0 percent in 2013.

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

Forest Oil Corporation (NYSE:FST - News) shares traded in the range of $4.66 to $4.99 Wednesday before settling to close at $4.77, a decrease 3.25 percent. The stock appears to be facing some resistance at the $5.00 and $5.31 levels with some support at $4.59. Shares of Forest Oil have fallen approximately 28.0 percent in 2013.

ADVERTISEMENT

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

Talisman Energy Inc. (NYSE:TLM - News)(TSX:TLM.TO - News) shares traded in the range of $12.40 to $12.71 Wednesday before settling to close at $12.55, a decrease of 0.71 percent. The stock appears to be facing some resistance at the $12.44 and $13.38 levels with some support at $12.30. Shares of Talisman Energy have gained approximately 10.0 percent in 2013.

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

WPX Energy Inc. (NYSE:WPX - News) shares traded in the range of $22.49 to $23.69 Wednesday before settling to close at $22.74, a decrease of 3.03 percent. The stock appears to be facing some resistance at the $22.79 and $23.34 levels with some support at $20.64. Shares of WPX Energy have gained approximately 52.0 percent in 2013.

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

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