NEW YORK, April 6, 2017 /PRNewswire/ --
On Wednesday, April 05, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged lower at the closing bell. Eight out of nine sectors ended Wednesday's trading session in bearish territories. Taking into consideration yesterday's market sentiment, Stock-Callers.com assessed the following Oil & Gas Drilling & Exploration equities this morning: W&T Offshore Inc. (NYSE: WTI), Concho Resources Inc. (NYSE: CXO), Pioneer Energy Services Corporation (NYSE: PES), and Tellurian Inc. (NASDAQ: TELL). Download the free research reports on these stocks today:
Houston, Texas headquartered W&T Offshore Inc.'s stock finished Wednesday's session 1.12% lower at $2.64 with a total volume of 1.92 million shares traded. W&T Offshore's shares have gained 26.92% in the past one year. The Company's shares are trading above its 200-day moving average by 19.57%. Shares of W&T Offshore, which engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico, have a Relative Strength Index (RSI) of 39.18. See our free and comprehensive research report on WTI at:
Midland, Texas headquartered Concho Resources Inc.'s stock fell 2.24%, to close the day at $127.25. The stock recorded a trading volume of 1.47 million shares, which was above its three months average volume of 1.37 million shares. Concho Resources' shares have gained 24.88% in the past one year. The Company's shares are trading 5.19% and 3.53% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which engages in the acquisition, development, exploration, and production of oil and natural gas properties in the US, have an RSI of 42.76. CXO free research report PDF is just a click away at:
On Wednesday, shares in San Antonio, Texas-based Pioneer Energy Services Corp. ended the session 3.85% higher at $4.05 with a total volume of 2.08 million shares traded. Pioneer Energy Services' shares have rallied 81.61% in the past one year. The stock is trading 22.97% below its 50-day moving average and 13.27% below its 200-day moving average. Moreover, shares of the Company, which provides land-based drilling and production services to oil and gas exploration and production companies in the US and Colombia, have an RSI of 37.86. Sign up for your complimentary report on PES at:
On Wednesday, shares in Houston, Texas-based Tellurian Inc. recorded a trading volume of 614,860 shares. The stock ended the day 1.36% lower at $11.58. Shares of the Company, which offers mid-scale natural gas liquefaction and export projects, are trading at a PE ratio of 165.43. Tellurian's stock has rallied 5.66% in the last three months and 1,186.67% in the previous one year. The Company's shares are trading above its 200-day moving average by 58.21%. Furthermore, Tellurian's shares have an RSI of 46.49. Register for free on Stock-Callers.com and download the latest research report on TELL at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA