NEW YORK, March 10, 2017 /PRNewswire/ --
Today, Stock-Callers.com draws investors' attention to four Oil and Gas Drilling and Exploration companies, namely: Petroleo Brasileiro S.A. - Petrobras (NYSE: PBR), Whiting Petroleum Corp. (NYSE: WLL), SeaDrill Ltd (NYSE: SDRL), and Transocean Ltd (NYSE: RIG). The Oil and Gas Drilling industry is powered by companies that extract oil on a contract basis. It may involve directional drilling, well drilling, and reconditioning of oil and gas field wells. Learn more about these stocks by downloading their free research reports in PDF format at:
On Thursday, shares in Rio de Janeiro, Brazil headquartered Petrobras recorded a trading volume of 30.19 million shares, which was higher than their three months average volume of 17.34 million shares. The stock ended the day at $9.26, declining 1.07% from the last trading session. The Company's shares are trading below their 200-day moving average by 2.22%. Furthermore, shares of Petroleo Brasileiro, which together with its subsidiaries, engages in the exploration, exploitation, and production of oil and gas, and energy in Brazil and internationally, have a Relative Strength Index (RSI) of 32.59.
On March 09th, 2017, Petrobras announced that in addition to the material facts disclosed on 11/30/2016 and 02/10/2017, the injunction that determined the interruption of the sale of 90% of Petrobras stake in Nova Transportadora do Sudeste, was suspended by the president of the Federal Regional Court for the 5th Region. With the favorable decision by said Court, the Company may move forward with this sale process. The transaction is part of Petrobras' partnership and divestment program, which amount to a total of US$ 13.6 billion in the 2015-2016 biennium. Sign up and read the free research report on PBR at:
Denver, Colorado-based Whiting Petroleum Corp.'s stock saw a slight drop of 0.64%, finishing yesterday's session at $9.31. A total volume of 18.22 million shares was traded, which was above their three months average volume of 13.53 million shares. The Company's shares are trading below their 200-day moving average by 5.74%. Additionally, shares of Whiting Petroleum, which engages in the development, production, acquisition, and exploration of crude oil, natural gas liquids, and natural gas primarily in the Rocky Mountains region of the US, have an RSI of 29.35.
On February 21st, 2017, Whiting Petroleum's total operating revenues were $342.70 million for Q4 2016 compared to $417.95 million for Q4 2015. The Company reported net loss available to common shareholders of $173.26 million, or $0.59 loss per diluted share, for Q4 2016 compared to net loss available to common shareholders of $98.69 million, or $0.48 per diluted share, in Q4 FY15. The complimentary research report on WLL can be downloaded at:
Shares in Hamilton, Bermuda-based SeaDrill Ltd ended the session 10.74% higher at $1.34. The stock recorded a trading volume of 27.88 million shares, which was above its three months average volume of 14.82 million shares. The Company's shares are trading 46.49% below their 50-day moving average. Moreover, shares of SeaDrill, which provides offshore drilling services to the oil and gas industry worldwide, have an RSI of 33.29.
On February 28th, 2017, SeaDrill reported Q4 2016 revenue of $667 million, operating income of $118 million, and EBITDA of $354 million. The Company reported net income of $127 million and diluted net income per share of $0.26 for Q4 2016. SeaDrill's underlying net income, excluding non-recurring items and non-cash mark to market movements on derivatives, was $111 million and earnings per share was $0.24 for Q4 2016. Register for free on Stock-Callers.com and access the latest report on SDRL at:
At the closing bell on Thursday, Vernier, Switzerland-based Transocean Ltd's stock dropped 3.31%, finishing at $11.99. A total volume of 19.26 million shares was traded, which was above their three months average volume of 12.62 million shares. The Company's shares are trading 1.37% above their 200-day moving average. Additionally, shares of Transocean, which together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide, have an RSI of 30.91.
On February 23rd, 2017, Transocean announced that revenues were $974 million for Q4 2016 up from $906 million in Q3 2016. The Company's operating and maintenance expense was $314 million, including $30 million in favorable items associated with litigation matters, for Q4 2016 compared with $407 million in the prior period. Net income attributable to controlling interest was $226 million, $0.60 per diluted share, for Q4 2016 compared with $230 million, $0.62 per diluted share, in Q3 2016. Cash flows from operating activities were $633 million for Q4 2016, up from $440 million in the previous quarter. Get free access to your research report on RIG 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