Technical Briefing: Hess Corp., Tesoro Corp., Penn Virginia Corp., and LinnCo LLC

LONDON, August 12, 2013 /PRNewswire/ --

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On Friday, August 9, 2013, the S&P 500 closed 0.36% lower at 1,691.42. Shares in basic materials sector companies ended mostly lower, tracking the broader market. The major movers in the sector included Hess Corporation (NYSE: HES), Tesoro Corporation (NYSE: TSO), Penn Virginia Corporation (NYSE: PVA), and LinnCo LLC (NASDAQ: LNCO). All these companies are tracked by AAAResearchReports.com. Free technical research reports on HES, TSO, PVA, and LNCO can be accessed by signing up at:

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

Shares in Hess Corporation ended 0.71% higher on Friday, extending their gains from previous trading sessions. The company's stock oscillated between $74.36 and $75.64 before closing the day at $74.89. A total of 3.41 million shares were traded, which is above the daily average volume of 3.09 million. In the last three months, the company's shares have gained 8.07%, outperforming the S&P 500 which has gained 3.53% during the same period. Moreover, the stock is trading above its 50-day and 200-day moving averages. Download free report on HES upon registration at:

http://www.AAAResearchReports.com/HES081213.pdf

Shares in Tesoro Corporation ended lower on Friday after fluctuating between $52.92 and $53.92. The company's shares ended the day 0.45% lower at $53.08. A total of 2.84 million shares were traded, which is below the daily average volume of 3.53 million. Tesoro's shares have fallen 2.07% in the last three trading sessions and 0.54% in the last one month. Despite recent losses, the company's shares are trading above their 200-day moving average. TSO technical report can be accessed for free by signing up at:

http://www.AAAResearchReports.com/TSO081213.pdf

Penn Virginia Corporation's stock tumbled 4.81% on Friday, extending its losses from previous trading sessions. The company's shares ended the day at $4.55 after fluctuating between $4.54 and $4.78. A total of 1.84 million shares were traded, which is above the daily average volume of 1.12 million. The company's shares have slipped 10.26% in the last three trading sessions and 4.41% in the last one month. A free report on PVA can be accessed by registering at:

http://www.AAAResearchReports.com/PVA081213.pdf

Shares in LinnCo LLC declined on Friday, closing at $27.29, down 0.87% from the previous closing price. The company's shares oscillated between $25.13 and $27.29. A total of 1.31 million shares were traded, which is above the daily average volume of 0.85 million. In the last three months, the company's shares have lost 27.79% and are trading below their 50-day and 200-day moving averages. Register with AAA Research Reports and download research on LNCO for free at:

http://www.AAAResearchReports.com/LNCO081213.pdf

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SOURCE AAA Research Reports