NEW YORK, October 27, 2016 /PRNewswire/ --
On Wednesday, October 26, 2016, the NASDAQ Composite ended the trading session at 5,250.27, down 0.63%; the Dow Jones Industrial Average edged 0.17% higher, to finish at 18,199.33; and the S&P 500 closed at 2,139.43, down 0.17%. Today, pre-market reviews from Stock-Callers.com include reports on the following Oil and Gas equities: Oceaneering International Inc. (NYSE: OII), RPC Inc. (NYSE: RES), Hornbeck Offshore Services Inc. (NYSE: HOS), and Bristow Group Inc. (NYSE: BRS). Learn more about these stocks by downloading their comprehensive and free reports at http://stock-callers.com/registration
Houston, Texas-based Oceaneering International Inc.'s stock declined 1.28%, to finish Wednesday's session at $25.53 with a total volume of 1.45 million shares traded. Oceaneering International's shares have advanced 2.90% in the past one month. Shares of the Company, which provides engineered services and products to the offshore oil and gas industry worldwide, are trading at a PE ratio of 17.49. The stock is trading 4.47% and 13.90% below its 50-day and 200-day moving averages, respectively. Oceaneering International's stock has a Relative Strength Index (RSI) of 38.23.
On October 18th, 2016, research firm Wells Fargo initiated a 'Market Perform' rating on the Company's stock. OII complete research report is just a click away and free at: http://stock-callers.com/registration/?symbol=OII
Atlanta, Georgia headquartered RPC Inc.'s stock declined 1.11%, to close the day at $17.77. The stock recorded a trading volume of 3.53 million shares, which was above its three months average volume of 1.58 million shares. RPC Inc.'s shares have surged 13.84% in the last one month, 25.41% in the previous three months, and 66.85% in the past one year. Shares of the Company, 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, are trading above its 50-day and 200-day moving averages by 8.45% and 21.56%, respectively. Additionally, the stock has an RSI of 53.68.
On October 4th, 2016, research firm Seaport Global Securities upgraded the Company's stock rating from 'Reduce' to 'Neutral'. The research firm also revised upwards its previous target price from $14 to $17. The complimentary report on RES can be downloaded at: http://stock-callers.com/registration/?symbol=RES
Hornbeck Offshore Services
On Wednesday, shares in Covington, Louisiana headquartered Hornbeck Offshore Services Inc. ended the session 3.10% lower at $4.69 with a total volume of 1.15 million shares traded. Hornbeck Offshore Services' shares have advanced 2.85% in the past one month. The stock is trading 15.13% below its 50-day moving average and 40.81% below its 200-day moving average. Moreover, shares of the Company, which together with its subsidiaries, provides marine transportation, subsea installation, and accommodation support services to exploration and production, oilfield service, offshore construction, and the U.S. military customers, have an RSI of 33.96.
On October 6th, 2016, research firm Cowen reiterated its 'Market Perform' rating on the Company's stock with a decrease of the target price from $8.50 a share to $6 a share. Sign up for your complimentary research report on HOS at: http://stock-callers.com/registration/?symbol=HOS
On Wednesday, shares in Houston, Texas headquartered Bristow Group Inc. recorded a trading volume of 928,215 shares. The stock ended the day flat at $10.88. Shares of Bristow, which provides industrial aviation services to the offshore energy industry in Africa, the Americas, the Asia Pacific, and Europe Caspian, have advanced 0.59% in the last three months. The Company's shares are trading below its 50-day and 200-day moving averages by 10.87% and 28.03%, respectively. Furthermore, shares of Bristow have an RSI of 37.56. Get free access to your research report on BRS at: http://stock-callers.com/registration/?symbol=BRS
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 http://stock-callers.com/legal-disclaimer/
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