NEW YORK, May 5, 2017 /PRNewswire/ --
Four Oil and Gas Drilling and Exploration stocks have been lined up for review on Stock-Callers.com today: Noble Corp. PLC (NYSE: NE), Ensco PLC (NYSE: ESV), Nabors Industries Ltd (NYSE: NBR), and Petroleo Brasileiro S.A. - Petrobras (NYSE: PBR-A). These companies operate in the Basic Materials sector, which has received a rating of "Market Perform" from Charles Schwab on April 27th, 2017 due to positive factors such as increased demand for raw materials, an accommodative monetary policy, and easing fiscal restraint measures. Learn more about these stocks by accessing their free research reports at:
London, the UK headquartered Noble Corp. PLC's shares saw a decline of 5.08%, finishing Thursday's trading session at $4.30. A total volume of 15.82 million shares was traded, which was higher than their three months average volume of 12.16 million shares. The stock is trading below its 50-day moving average by 27.05%. Moreover, shares of Noble, which operates as an offshore drilling contractor for the oil and gas industry worldwide, have a Relative Strength Index (RSI) of 19.73.
On April 20th, 2017, Noble announced that its report of drilling rig status and contract information has been updated as of that day. The report, titled "Fleet Status Report," can be found under the Investor Relations section on the Company's website. Free research report on NE is available at:
On Thursday, shares in London, the UK headquartered Ensco PLC recorded a trading volume of 11.46 million shares, which was above their three months average volume of 9.74 million shares. The stock ended the session 4.14% lower at $7.18. The Company's shares are trading 18.46% below their 50-day moving average. Furthermore, shares of Ensco, which provides offshore contract drilling services to the oil and gas industry worldwide, have an RSI of 25.40.
On April 26th, 2017, Ensco reported a loss of $0.09 per share for Q1 2017 compared to earnings per share of $0.74 a year ago. Additionally, revenues for the three months ended March 31st, 2017 were $471 million; contract drilling expense was $278 million; depreciation expense was $109 million; and interest expense was $59 million. The complimentary research report on ESV can be downloaded at:
Shares in Hamilton, Bermuda headquartered Nabors Industries Ltd closed at $9.48, down 5.11% from the last trading session. The stock recorded a trading volume of 10.67 million shares, which was above its three months average volume of 7.01 million shares. The Company's shares are trading 27.22% below their 50-day moving average. Additionally, shares of Nabors Industries, which provides drilling and rig services, have an RSI of 17.43.
On April 05th, 2017, research firm Instinet upgraded the Company's stock rating from 'Neutral' to 'Buy'.
On April 26th, 2017, Nabors Industries reported Q1 2017 earnings results. Operating revenue was $563 million for the quarter; net income from continuing operations attributable to the Company was a loss of $149 million; adjusted operating income was a loss of $104 million; and quarterly adjusted EBITDA represented a sequential decrease to $100 million. Visit us today and access our complete research report on NBR at:
Rio de Janeiro, Brazil headquartered Petroleo Brasileiro S.A. - Petrobras' stock ended 4.81% lower at $8.51. A total volume of 6.91 million shares was traded, which was above their three months average volume of 6.37 million shares. The Company's shares are trading below their 200-day moving average by 5.55%. Furthermore, shares of Petrobras, which operates as an integrated energy company in Brazil and internationally, have an RSI of 39.51. Get free access to your research report on PBR-A 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