Oil & Gas Stocks on Investors' Radar -- National Oilwell Varco, Baker Hughes, Superior Energy Services, and Helix Energy Solutions

19 Aug, 2016, 07:50 ET from Chelmsford Park SA

NEW YORK, August 19, 2016 /PRNewswire/ --

The Oil and Gas Equipment and Services space is a diverse industry that includes companies which provide the tools and services needed for exploration and drilling for new oil and gas supplies. These providers get their revenue from oil and gas producers' capital expenditures. Stock-Callers.com turns investors' attention to these names and see where they stand in the market today: National Oilwell Varco Inc. (NYSE: NOV), Baker Hughes Inc. (NYSE: BHI), Superior Energy Services Inc. (NYSE: SPN), and Helix Energy Solutions Group Inc. (NYSE: HLX). Learn more about these stocks by downloading their comprehensive and free reports at: http://stock-callers.com/registration

National Oilwell Varco  

On Thursday, shares in Houston, Texas headquartered National Oilwell Varco Inc. recorded a trading volume of 4.00 million shares. The stock ended the day at $36.09, climbing 2.85%. The Company's shares have gained 9.53% in the last one month, 16.24% over the previous three months, and 9.51% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.68% and 11.46%, respectively. Furthermore, shares of National Oilwell Varco, which designs, manufactures, and sells equipment and components used in oil and gas drilling, completion, and production operations; and provides oilfield services to the upstream oil and gas industry worldwide, have a Relative Strength Index (RSI) of 63.84.

On July 29th, 2016, research firm Johnson Rice upgraded the Company's stock rating from 'Hold' to 'Accumulate'.

On August 18th, 2016, National Oilwell Varco announced that its Board of Directors declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on September 30th, 2016 to stockholder of record on September 16th, 2016. NOV complete research report is just a click away and free at: http://stock-callers.com/registration/?symbol=NOV

Baker Hughes  

Houston-headquartered Baker Hughes Inc.'s stock finished yesterday's session 2.62% higher at $52.05. A total volume of 3.58 million shares was traded, which was above their three months average volume of 3.42 million shares. The Company's shares have gained 14.28% in the last one month, 15.90% over the previous three months, and 14.05% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 13.04% and 14.72%, respectively. Furthermore, shares of Baker Hughes, which supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide, have an RSI of 69.69.

On August 01st, 2016, research firm Deutsche Bank reiterated its 'Hold' rating on the Company's stock while increasing the target price from $38 a share to $52 a share. The complimentary report on BHI can be downloaded at: http://stock-callers.com/registration/?symbol=BHI

Superior Energy Services  

At the closing bell on Thursday, shares in Houston-headquartered Superior Energy Services Inc. soared 4.97%, ending the day at $18.36. The stock recorded a trading volume of 1.75 million shares. The Company's shares have advanced 1.83% in the last one month, 15.98% in the previous three months, and 37.48% since the start of this year. The stock is trading 4.26% above its 50-day moving average and 27.50% above its 200-day moving average. Moreover, shares of Superior Energy Services, which provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the US, the Gulf of Mexico, and internationally, have an RSI of 60.59.

On July 25th, 2016, Superior Energy Services Inc. announced a net loss from continuing operations for Q2 2016 of $468.6 million, on revenue of $356.3 million. This compares to a net loss from continuing operations for Q2 2015 of $775.1 million, on revenue of $710.8 million.

On July 27th, 2016, research firm Scotia Howard Weil reiterated its 'Focus Stock' rating on the Company's stock with a decrease of the target price from $27 a share to $25 a share. Sign up for your complimentary research report on SPN at: http://stock-callers.com/registration/?symbol=SPN

Helix Energy Solutions Group  

Houston-headquartered Helix Energy Solutions Group Inc.'s stock ended the day 5.37% higher at $8.44 and with a total trading volume of 1.55 million shares. The Company's shares have gained 7.93% in the last month, 18.87% over the previous three months, and 60.46% on an YTD basis. The stock is trading 12.87% above its 50-day moving average and 39.18% above its 200-day moving average. Additionally, shares of Helix Energy Solutions Group, which together with its subsidiaries, provides specialty services to the offshore energy industry primarily in the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions, have an RSI of 59.47.

As per notes filed with the SEC on August 11th, 2016, the company entered into an Equity Distribution Agreement with Wells Fargo Securities, LLC., pursuant to which, it may sell from time to time shares of its common stock, no par value, having an aggregate gross sales price of up to $50 million. Get free access to your research report on HLX at: http://stock-callers.com/registration/?symbol=HLX

--

Stock Callers: 

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 info@stock-callers.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.  

NO WARRANTY 

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 http://stock-callers.com/legal-disclaimer/

CONTACT 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: Email: info@stock-callers.com 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