Pre-Market Analysis on Petroleo Brasileiro, Cheniere Energy, Hercules Offshore, QEP Resources, and Helmerich & Payne

LONDON, April 23, 2013 /PRNewswire/ --

The shale boom in the U.S. has emerged as a major trend in the oil and gas industry in the last two years. According to the International Energy Agency (IEA), the U.S. will overtake Saudi Arabia as the world's largest producer of oil in the next few years thanks to shale boom. The shale revolution has also pushed natural gas prices in the U.S. to record low levels, which should benefit the U.S. economy. It has also created significant opportunities for oil & gas drilling & exploration companies such as Petroleo Brasileiro Petrobras SA (NYSE: PBR), Cheniere Energy Inc. (AMEX: LNG), Hercules Offshore Inc. (NASDAQ: HERO), QEP Resources Inc. (NYSE: QEP), and Helmerich & Payne Inc. (NYSE: HP). Oil and gas stocks ended mostly higher on Monday, tracking gains in the broad market. StockCall has posted free technical research on PBR, LNG, HERO, QEP, and HP which can be downloaded upon sign up at


Petroleo Brasileiro Petrobras SA's shares rose sharply in yesterday's trading session. The stock closed 2.24% higher at $16.89 on above average volume of 22.03 million, taking its gains in the last three trading sessions to over 9.30%. Despite the recent gains, the company's shares are down more than 13.20% so far in 2013. The stock is trading nearly 32% below its 52-week high. However, shares of PBR have just crossed above their 50-day moving average, which is a bullish signal. Sign up and read the complimentary report on PBR at


Another major gainer in the oil and gas sector on Monday was Cheniere Energy Inc. The stock touched an intra-day high of $26.91 before finishing the day 1.59% higher at $26.82 on volume of 2.99 million. Cheniere Energy's shares have had an excellent run thus far this year, gaining more than 42.80%. The stock, however, is facing stiff resistance at around $28. The stock's MACD chart also suggests that market sentiment has recently turned bearish. The free report on LNG can be downloaded by signing up now at


Shares of Hercules Offshore Inc. ended marginally higher in yesterday's trading session. The stock rose to an intra-day high of $6.85 before paring some of the gains to finish the day 0.60% higher at $6.74 on volume of 2.74 million. The company's shares have gained nearly 2.60% in the last three sessions. Year-to-date, the stock has gained more than 9.20%. Shares of HERO are currently trading below their 50-day moving average. Free report on HERO can be accessed by registering at


Shares of QEP Resources Inc. struggled on Monday even as the broad market edged higher. The stock closed 0.32% lower at $28.32 on volume of 1.21 million after trading between $27.85 and $28.64. QEP Resources shares have now fallen more than 8% in the last three sessions, which indicates that market sentiment is bearish on the stock. This trend is confirmed by the stock's MACD chart. Register with StockCall and download the research on QEP for free at


Shares of Helmerich & Payne Inc. edged higher in trading yesterday, extending its gains from previous trading sessions. The stock rose to an intra-day high of $58.84 before finishing the day 2.64% higher at $58.79 on volume of 1.11 million. Helmerich & Payne's shares have gained more than 4.50% in the last three trading sessions. Year-to-date, the stock has gained more than 5.20%, compared to a gain of over 9.50% for the S&P 500. The company's shares are currently trading below their 50-day moving average. Read the full free research on HP by signing up to StockCall at


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SOURCE StockCall.com

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