NEW YORK, December 9, 2016 /PRNewswire/ --
Stock-Callers.com turns investors' attention to the Oil and Gas Equipment and Services space with the following equities under evaluation: Superior Energy Services Inc. (NYSE: SPN), Precision Drilling Corp. (NYSE: PDS), RPC Inc. (NYSE: RES), and Oceaneering International Inc. (NYSE: OII). As per an article on The Motley Fool, the segment, which has been stagnant due to production shut-ins, could benefit from Trump's pro-US energy independence platform, which includes infrastructure spending, deregulation, and increased drilling. You can access of our complimentary research reports on these stocks now at:
Superior Energy Services
On Thursday, shares in Houston, Texas headquartered Superior Energy Services Inc. recorded a trading volume of 2.00 million shares. The stock ended the session 1.43% higher at $18.46. The Company's shares have advanced 27.57% in the last one month, 15.02% in the previous three months, and 38.22% since the start of this year. The stock is trading 11.60% above its 50-day moving average and 15.25% 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 64.69.
On October 24th, 2016, Superior Energy announced net loss from continuing operations for Q3 2016 of $113.9 million, or $0.75 per share, on revenue of $326.2 million, compared to net loss from continuing operations for Q3 2015 of $816.6 million, or $5.42 per share, on revenue of $601.4 million.
On November 18th, 2016, research firm Goldman initiated a 'Neutral' rating on the Company's stock. Visit us today and download your complete report on SPN for free at:
Shares in Calgary, Canada headquartered Precision Drilling Corp. closed the day 2.72% higher at $5.67. The stock recorded a trading volume of 3.05 million shares. The Company's shares have surged 31.86% in the last month, 41.04% over the previous three months, and 43.91% on an YTD basis. The stock is trading 21.52% above its 50-day moving average and 24.69% above its 200-day moving average. Additionally, shares of Precision Drilling, which provides oil and natural gas drilling and related services and products, have an RSI of 67.03.
On November 29th, 2016, research firm Tudor Pickering upgraded the Company's stock rating from 'Hold' to 'Buy'.
On December 05th, 2016, Precision Drilling announced that planned capital expenditures for 2017 are $109 million. The 2017 capital expenditure plan includes $51 million to upgrade existing rigs, expansion capital of $7 million, which is carried forward from 2016 international new build drilling rigs, and $51 million for sustaining and infrastructure. The complimentary research report on PDS can be accessed at:
At the close, shares in Georgia headquartered RPC Inc. finished 0.66% higher at $21.38. The stock recorded a trading volume of 1.70 million shares. The Company's shares have advanced 26.36% in the last one month, 39.78% in the previous three months, and 79.44% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 18.30% and 37.74%, respectively. Furthermore, shares of RPC, which provides a range of oilfield services and equipment for oil and gas companies involved in the exploration, production, and development of oil and gas properties in the US, Africa, Canada, Argentina, China, Mexico, Eastern Europe, Latin America, the Middle East, and New Zealand, have an RSI of 72.51.
On October 26th, 2016, RPC reported that for Q3 2016 its revenues decreased 39.8% to $175.9 million compared to $291.9 million in Q3 2015. The company's net loss for Q3 2016 was $38.9 million, or $0.18 loss per share, compared to net loss of $35.2 million, or $0.16 loss per share, in Q3 2015.
On December 01st, 2016, research firm Seaport Global Securities upgraded the Company's stock rating from 'Neutral' to 'Buy'. The research firm also revised upwards its previous target price from $17 to $23. Register for free on Stock-Callers.com and download the PDF research report on RES at:
Houston, Texas-based Oceaneering International Inc.'s stock finished Thursday's session 4.79% higher at $29.11. A total volume of 2.30 million shares was traded, which was above their three months average volume of 1.71 million shares. The Company's shares have advanced 28.70% in the past month and 14.86% over the previous three months. The stock is trading 12.43% above its 50-day moving average and 0.95% above its 200-day moving average. Additionally, shares of Oceaneering International, which provides engineered services and products to the offshore oil and gas industry worldwide, have a Relative Strength Index (RSI) of 71.47.
On December 01st, 2016, research firm Seaport Global Securities downgraded the Company's stock rating from 'Accumulate' to 'Neutral'. The research firm also revised downwards its previous target price from $29 to $27. Get free access to your research report on OII 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 firstname.lastname@example.org. 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