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Dec 31, 2012 (Fast Lane via COMTEX) -- Analysis was conducted on the Integrated Oil & Gas industry to measure relative performance to find stocks that have underperformed. Relative underperformance is a possible bearish sign of underlying fundamental and technical weakness should it continue for an extended period of time. We looked at yesterday's price action of all companies in this peer group and measured their performance against one another. Hess (NYSE:HES) ranks first with a loss of 2.23%; Occidental Petroleum (NYSE:OXY) ranks second with a loss of 2.03%; and Exxon Mobil (NYSE:XOM) ranks third with a loss of 2.03%.
Ecopetrol (NYSE:EC) follows with a loss of 1.95% and Chevron (NYSE:CVX) rounds out the bottom five with a loss of 1.91%.Hess Corporation is a global integrated energy company. The Company explores for, produces, markets, and refines crude oil and natural gas. The Company operates in countries that include Algeria, Australia, Azerbaijan, Brazil, Denmark, Egypt, Equatorial Guinea, Gabon, Ghana, Indonesia, Libya, Malaysia, Norway, Peru, Russia, Thailand, the United Kingdom and the United States.
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Copyright, Comtex News Network, Inc. 2012
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