NEW YORK, May 10, 2017 /PRNewswire/ --
Oil and Gas Equipment and Services companies design, manufacture, and sell systems, components, and products used in oil and gas drilling and production. They may also provide oilfield services and supplies. Pre-market, Stock-Callers.com observes the recent performances of Weatherford International PLC (NYSE: WFT), Halliburton Co. (NYSE: HAL), Schlumberger Ltd (NYSE: SLB), and Helix Energy Solutions Group Inc. (NYSE: HLX). Learn more about these stocks by accessing their free research reports at:
Baar, Switzerland headquartered Weatherford International PLC's shares saw a decline of 1.17%, finishing Tuesday's trading session at $5.07. A total volume of 25.77 million shares was traded, which was higher than their three months average volume of 22.15 million shares. The stock has advanced 1.60% since the start of this year, and is trading below its 200-day moving average by 9.69%. Moreover, shares of Weatherford, which together with its subsidiaries, operates as a multinational oilfield service company worldwide, have a Relative Strength Index (RSI) of 32.52.
On April 13th, 2017, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Neutral'.
On April 27th, 2017, Weatherford announced to its shareholders, customers, and employees that the Company has published its 2016 Annual Report. The digital and interactive report shares the Company's strategic achievements throughout 2016, and discusses its priorities for the coming year. Free research report on WFT is available at:
On Tuesday, shares in Houston, Texas-based Halliburton Co. recorded a trading volume of 8.35 million shares, which was above their three months average volume of 8.31 million shares. The stock ended the session 0.73% lower at $45.03. The Company's shares are trading 7.99% below their 200-day moving average. Furthermore, shares of Halliburton, which provides a range of services and products to the upstream oil and natural gas industry worldwide, have an RSI of 31.03.
On April 26th, 2017, research firm Cowen reiterated its 'Market Perform' rating on the Company's stock with a decrease of the target price from $59 a share to $54 a share.
On April 27th, 2017, Halliburton, Trendsetter Engineering, and C-Innovations announced that they have formed a strategic alliance to provide Gulf of Mexico customers with technologically advanced, integrated offshore well intervention packages. The alliance leverages the companies' strengths to create subsea solutions for hydraulic interventions. The combined packages will improve operator efficiency while addressing in-field production and subsea challenges. The complimentary research report on HAL can be downloaded at:
Shares in Houston, Texas-based Schlumberger Ltd closed at $72.28, rising 0.08% from the last trading session. The stock recorded a trading volume of 6.63 million shares. The Company's shares are trading 6.56% below their 50-day moving average. Additionally, shares of Schlumberger, which supplies technology products and services to the oil and gas exploration and production industry worldwide, have an RSI of 31.97.
On April 20th, 2017, research firm SunTrust upgraded the Company's stock rating from 'Hold' to 'Buy'.
On April 21st, 2017, Schlumberger reported results for Q1 2017. Revenue for Q1 2017 was $6.9 billion; GAAP EPS, including Cameron integration charges of $0.05 per share, was $0.20; EPS, excluding Cameron integration charges, was $0.25; and cash flow from operations was $656 million. During the quarter, the Company repurchased 4.7 million shares of its common stock at an average price of $78.97 per share, for a total purchase price of $372 million. Visit us today and access our complete research report on SLB at:
Helix Energy Solutions
Houston, Texas headquartered Helix Energy Solutions Group Inc.'s stock ended 0.17% lower at $5.86 with a total trading volume of 1.20 million shares. The Company's shares are trading below their 50-day moving average by 19.01%. Shares of the Company, which together with its subsidiaries, provides specialty services to the offshore energy industry primarily in the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions, have an RSI of 32.68.
On April 19th, 2017, Helix Energy Solutions announced that the Siem Helix 1 has commenced operations offshore Brazil and is on contract for Petroleo Brasileiro S.A. The vessel will be performing well intervention services under a multi-year contract with Petrobras. The duo has agreed to commence operations at reduced day rates for Siem Helix 1 as they work through certain items identified in the vessel acceptance process. Get free access to your research report on HLX at:
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