Today's Technical View: SandRidge Energy, Magnum Hunter Resources, Transocean, and Cenovus Energy

LONDON, July 26, 2013 /PRNewswire/ --

On Thursday, July 25, 2013, shares in oil & gas drilling & exploration companies ended mostly higher, tracking gains in the broader market. The major movers in the industry included SandRidge Energy Inc. (NYSE: SD), Magnum Hunter Resources Corp. (NYSE: MHR), Transocean Ltd. (NYSE: RIG), and Cenovus Energy Inc. (USA) (NYSE: CVE). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on SD, MHR, RIG, and CVE are currently available upon sign up at:

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

Shares in SandRidge Energy Inc. moved higher on Thursday, reversing some of their recent losses. The company's shares fluctuated between $5.31 and $5.49 before finishing the day 1.31% higher at $5.43. A total of 4.93 million shares were traded which is below the daily average volume of 8.27 million. The company's shares have fallen by 2.69% in the last three trading sessions as compared to a loss of 0.31% in the S&P 500. Despite the recent pullback, the stock has managed to outperform the S&P 500 with 10.82% gain in the last one month.  Sign up for free technical analysis on SD at:

http://www.AAAResearchReports.com/SD072613.pdf

Magnum Hunter Resources Corp.'s stock also reversed some recent losses on Thursday. The company's shares oscillated between $3.77 and $3.93 before closing the day 0.79% higher at $3.85. A total of 2.00 million shares were traded which is below the daily average volume of 3.04 million. The company's shares have fallen by 2.53% in the last three trading sessions. However, in the last one month, the stock has outperformed the S&P 500, gaining 12.24%. Download free report on MHR by registering at:

http://www.AAAResearchReports.com/MHR072613.pdf

Shares in Transocean Ltd. moved lower on Thursday, extending their losses from previous trading sessions. The company's shares fluctuated between $48.46 and $49.19 before ending the session 1.44% lower at $48.49. A total of 2.88 million shares were traded which is above the daily average volume of 2.49 million. The company's shares have fallen by 2.24% in the last three trading sessions, underperforming the S&P 500. The free report on RIG can be downloaded by signing up now at:

http://www.AAAResearchReports.com/RIG072613.pdf

Cenovus Energy Inc.'s stock moved higher on Thursday, ending at $29.89, up 1.08% from its previous closing price. The company's shares fluctuated between $29.45 and $30.00. A total of 1.51 million shares were traded which is above the daily average volume of 1.10 million. Despite Thursday's gains, the company's shares have fallen by 4.90% in the last three trading sessions. However, in the last one month, the stock has gained 7.40%, hence outperforming the S&P 500. A free report on CVE can be accessed by registering at:

http://www.AAAResearchReports.com/CVE072613.pdf

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SOURCE AAA Research Reports