Pre-Market Technical Pulse on Oil and Gas Stocks -- Valero Energy, Marathon Petroleum, Phillips 66, and HollyFrontier

NEW YORK, June 15, 2017 /PRNewswire/ --

This morning, DailyStockTracker.com draws investors' attention to Valero Energy Corp. (NYSE: VLO), Marathon Petroleum Corp. (NYSE: MPC), Phillips 66 (NYSE: PSX), and HollyFrontier Corp. (NYSE: HFC). Operators in the Oil and Gas Refining and Marketing space are engaged in the operation of oil and gas refineries for the production of heating, lubricating, and fuel oils, as well as gasoline, diesel, jet fuel, propane, kerosene, and other liquefied petroleum gas products. Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:

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Valero Energy 

San Antonio, Texas headquartered Valero Energy Corp.'s stock finished Wednesday's session 2.68% lower at $64.75. A total volume of 6.43 million shares was traded, which was above their three months average volume of 4.16 million shares. The Company's shares are trading 0.29% above their 50-day moving average and 2.49% above their 200-day moving average. Additionally, shares of Valero Energy, which operates as an independent petroleum refining and ethanol producing company in the US, Canada, the UK, and Ireland, have a Relative Strength Index (RSI) of 53.68.

On May 30^th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'.

On June 13^th, 2017, Valero Energy announced that it will host a conference call on July 27^th, 2017 at 10:00 a.m. ET to discuss Q2 earnings results, which will be released earlier that day, and provide an update on the Company's operations. The live presentation may be accessed on the Company's website. VLO complete research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=VLO

Marathon Petroleum 

On Wednesday, shares in Findlay, Ohio headquartered Marathon Petroleum Corp. recorded a trading volume of 5.52 million shares, which was above their three months average volume of 4.44 million shares. The stock ended the session 3.05% lower at $53.35. The Company's shares have advanced 0.68% in the last one month, 3.47% in the previous three months, and 5.96% on an YTD basis. The stock is trading 3.68% above its 50-day moving average and 11.37% above its 200-day moving average. Moreover, shares of Marathon Petroleum, which together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the US, have an RSI of 53.89.

On May 25^th, 2017, research firm Piper Jaffray resumed its 'Overweight' rating on the Company's stock.

On May 30^th, 2017, Marathon Petroleum Chairman, President and CEO - Gary R. Heminger announced changes to the Company's executive team. Donald C. Templin, president of the general partner of MPLX L.P. (MPLX), has been named President, Marathon Petroleum Corp., effective July 01^st, 2017. Replacing Templin as President of MPLX's general partner will be Mike Hennigan, effective June 20^th, 2017. The complimentary report on MPC can be downloaded at:

http://dailystocktracker.com/registration/?symbol=MPC

Phillips 66 

Houston, Texas headquartered Phillips 66's shares closed the day 2.29% lower at $78.78. The stock recorded a trading volume of 2.80 million shares, which was higher than its three months average volume of 2.38 million shares. The Company's shares are trading 0.97% above their 50-day moving average. Additionally, shares of Phillips 66, which operates as an energy manufacturing and logistics company, have an RSI of 54.08.

On May 25^th, 2017, research firm Piper Jaffray resumed its 'Overweight' rating on the Company's stock. Sign up for your complimentary report on PSX at:

http://dailystocktracker.com/registration/?symbol=PSX

HollyFrontier 

Shares in Dallas, Texas-based HollyFrontier Corp. finished 4.68% lower at $25.23. The stock recorded a trading volume of 2.10 million shares. The Company's shares are trading below their 50-day moving average by 5.43%. Furthermore, shares of HollyFrontier, which operates as an independent petroleum refiner in the US, have an RSI of 46.55. Download the research report for free on HFC at:

http://dailystocktracker.com/registration/?symbol=HFC

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