Before the Bell Scans: Occidental Petroleum, Halcon Resources, Turquoise Hill Resources, and Statoil ASA

LONDON, August 9, 2013 /PRNewswire/ --

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On Thursday, August 8, 2013, the S&P 500 closed 0.39% higher at 1,697.48. Shares in oil and gas companies ended mostly higher, tracking gains in the broader market. The major movers in the sector included Occidental Petroleum Corporation (NYSE: OXY), Halcon Resources Corporation (NYSE: HK), Turquoise Hill Resources Ltd. (NYSE: TRQ), and Statoil ASA (NYSE: STO). All these companies are tracked by AAAResearchReports.com. Free technical research on OXY, HK, TRQ, and STO can be downloaded upon signing up at:

http://www.aaaresearchreports.com/register/  

Shares in Occidental Petroleum Corporation ended higher on Thursday.  The company's shares reached an intraday high of $88.82 before ending the day 0.68% above the previous closing price at $88.48. A total of 4.00 million shares were traded, which is below the daily average volume of 4.38 million. Occidental Petroleum's shares have gained 0.37% in the last three trading sessions, compared to a decline of 0.57% in the S&P 500 during the same period. Sign up today to read free research report on OXY at:

http://www.AAAResearchReports.com/OXY080913.pdf

Halcon Resources Corporation's stock plummeted on Thursday, closing at $5.23, down 10.90% from its previous closing price. The company's shares oscillated between $5.10 and $5.33. A total of 40.72 million shares were traded, which is significantly above the daily average volume of 4.42 million. The company's shares have declined 10.60% in the last one month and 15.51% in the last three months, underperforming the S&P 500 which has gained 3.48% and 3.97% during the respective periods. Register to download free technical analysis on HK at:

http://www.AAAResearchReports.com/HK080913.pdf

Shares in Turquoise Hill Resources Ltd. surged on Thursday, extending their gains from previous trading sessions. The company's shares oscillated between $4.50 and $5.12 before finishing the day 13.76% higher at $4.96. A total of 18.72 million shares were traded, which is notably above the daily average volume of 2.91 million. Turquoise Hill's shares are up 7.83% in the last three trading sessions, outperforming the S&P 500 which has lost 0.57% during the same period.  However, the stock is currently trading below its 50-day and 200-day moving average. A free report on TRQ can be accessed by registering at:

http://www.AAAResearchReports.com/TRQ080913.pdf

Statoil ASA's stock rose sharply on Thursday as the broader market moved higher. The company's shares closed the day 1.03% higher at $21.50 after fluctuating between $21.33 and $21.51. A total of 0.94 million shares were traded, which is below the daily average volume of 1.85 million. In the last one month, the stock has gained 3.56%, outperforming the S&P 500 which has gained 3.48% during the same period. However, the company's shares are trading below their 50-day and 200-day moving averages. Register with AAA Research Reports and download the research on STO for free at:

http://www.AAAResearchReports.com/STO080913.pdf

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SOURCE AAA Research Reports