NEW YORK, March 23, 2017 /PRNewswire/ --
Stock-Callers.com has lined up four equities in the Oil and Gas Drilling and Exploration space for review: Noble Corp. PLC (NYSE: NE), Ensco PLC (NYSE: ESV), Petroleo Brasileiro S.A. (NYSE: PBR-A), and Nabors Industries Ltd (NYSE: NBR). According to Research and Markets' report titled "Global Offshore Drilling Rigs Market Analysis & Trends - Industry forecast to 2025," the global offshore drilling rigs market is poised to grow at a CAGR of around 10.2% over the next decade to reach approximately $190.25 billion by 2025. Learn more about these stocks by downloading their free research reports in PDF format at:
On Wednesday, shares in London, the UK headquartered Noble Corp. PLC recorded a trading volume of 11.63 million shares. The stock ended the day at $5.80, climbing 1.40% from the last trading session. The Company's shares are trading below their 200-day moving average by 13.42%. Furthermore, shares of Noble, which operates as an offshore drilling contractor for the oil and gas industry worldwide, have a Relative Strength Index (RSI) of 35.80.
On March 20th, 2017, Noble announced that David W. Williams, Chairman, President, and CEO, will present at the Scotia Howard Weil 45th Annual Energy Conference in New Orleans, Louisiana, on Monday, March 27th, 2017 at 9:15 a.m. CT. Presentations from this conference are not being webcast; however, a copy of Noble's presentation materials will be available on its website under the "Investor Relations" section. Sign up and read the free research report on NE at:
London, the UK headquartered Ensco PLC's stock saw a slight drop of 0.71%, finishing yesterday's session at $8.40 with a total trading volume of 9.77 million shares. The Company's shares are trading below their 200-day moving average by 9.75%. Shares of the Company, which serves government-owned and independent oil and gas companies, have an RSI of 32.62.
On March 15th, 2017, Ensco announced it has extended the expiration date for its offer to exchange any and all of its $332,048,000 outstanding principal amount of 8.00% Senior Notes due 2024 for an equal amount of new 8.00% Senior Notes due 2024 that have been registered under the Securities Act of 1933 as amended. This registered exchange offer has been extended until 5:00 p.m., NYC time, on March 21st, 2017. The complimentary research report on ESV can be downloaded at:
Shares in Rio de Janeiro, Brazil headquartered Petroleo Brasileiro S.A. ended the session 5.14% higher at $8.79. The stock recorded a trading volume of 13.65 million shares, which was above its three months average volume of 5.78 million shares. The Company's shares have gained 4.02% over the last three months. The stock is trading 3.39% above its 200-day moving average. Moreover, shares of Petroleo Brasileiro, which operates as an integrated energy company in Brazil and internationally, have an RSI of 43.22. Register for free on Stock-Callers.com and access the latest report on PBR-A at:
At the closing bell on Wednesday, Hamilton, Bermuda headquartered Nabors Industries Ltd's stock dropped 2.75%, finishing at $12.75. A total volume of 6.83 million shares was traded, which was above their three months average volume of 6.16 million shares. The Company's shares are trading 0.40% above their 200-day moving average. Additionally, shares of Nabors Industries, which provides drilling and rig services, have an RSI of 29.45.
On February 22nd, 2017, Nabors Industries reported full-year 2016 operating revenue of $2.2 billion. Net income from continuing operations for the year was a loss of $1.0 billion, or $3.58 per share, compared to a loss of $330 million, or $1.14 per share, in FY 2015. The Company's revenue for the quarter of $539 million represented an increase of $19.2 million. Get free access to your research report on NBR at:
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