top oil and gas stock watch january 13 2012

top oil and gas stock watch january 13 2012 : The U.S. bank raised its forecast 8 percent for West Texas Intermediate crude, to $113 a barrel on a three-month basis, from a previous $104.50 a barrel. It also raised its six-month outlook to $115 a barrel from $113.50 a barrel and its 12-month forecast to $123.50 a barrel from $122.50a barrel. It also gave a 2 percent increase to its Brent crude forecast to $120 a barrel on a three-month basis, from $117.50 a barrel previously, and kept its six- and 12-month forecasts at $120 a barrel and $127.50 a barrel respectively.

Exxon Mobil Corp. (NYSE:XOM): XOM shares recently traded at $84.27, down $0.47, or 0.55%. They have traded in a 52-week range of $67.03 to $88.23. Volume today was 5,531,504 shares versus a 3-month average volume of 20,020,500 shares. The company’s trailing P/E is 10.17, while trailing earnings are $8.28 per share.

Chevron Corp. (NYSE:CVX): CVX shares recently traded at $104.88, down $0.09, or 0.09%. They have traded in a 52-week range of $86.68 to $110.99. Volume today was 3,691,841 shares versus a 3-month average volume of 9,165,760 shares. The company’s trailing P/E is 7.77, while trailing earnings are $13.50 per share.

ConocoPhillips (NYSE:COP): COP shares recently traded at $70.47, down $0.29, or 0.41%. They have traded in a 52-week range of $58.65 to $81.80. Volume today was 3,553,197 shares versus a 3-month average volume of 8,155,370 shares. The company’s trailing P/E is 9.04, while trailing earnings are $7.80 per share.

BP plc (NYSE:BP): BP shares recently traded at $43.66, down $0.54, or 1.22%. They have traded in a 52-week range of $33.62 to $49.50. Volume today was 2,270,409 shares versus a 3-month average volume of 6,902,960 shares. The company’s trailing P/E is 6.04, while trailing earnings are $7.22 per share. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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