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:
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