Technical Briefing: Noble Corp., Nabors Industries Ltd, Pengrowth Energy Corp., and Vantage Drilling Co.
LONDON, September 24, 2013 /PRNewswire/ --
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On Monday, September 23, 2013, all three benchmark indexes of the US equity market closed lower, with the Dow Jones Industrial Average, the S&P 500, and the NASDAQ Composite falling by 0.32%, 0.47%, and 0.25%, respectively. Shares in the oil and gas drilling and exploration industry ended on a mixed note, even as the broader market declined. The major movers included Noble Corporation (NYSE: NE), Nabors Industries Ltd. (NYSE: NBR), Pengrowth Energy Corporation (NYSE: PGH), and Vantage Drilling Company (NYSE MKT: VTG). All these companies are tracked by AAAResearchReports.com. Free technical research reports on NE, NBR, PGH, and VTG can be accessed by signing up at:
Shares in Noble Corp. fell by 0.37% on Monday as the broader market ended on a negative note. The company's stock fluctuated between $37.61 and $38.27 before ending the day at $38.11. A total of 3.23 million shares were traded, which is more than the daily average volume of 2.66 million. Noble Corp.'s shares have gained 2.53% in the previous three months, underperforming the S&P 500 which has advanced 6.87% during the same period. Moreover, the company's stock is trading above its 200-day moving average of $38.00. Download free report on NE upon registration at:
On Monday, Nabors Industries Ltd's stock fell sharply to close at $16.15, which is 1.28% lower than the previous day's closing price of $16.36. The company's shares oscillated between $16.13 and $16.34 during the trading session. A total of 2.54 million shares were traded, which is below the daily average volume of 3.80 million. The company's shares have gained 3.00% in the previous three months, compared to a gain of 6.87% in the S&P 500 during the same period. Additionally, Nabors Industries Ltd's stock is trading above its 50-day and 200-day moving averages of $15.66 and $15.75, respectively. NBR technical report can be accessed for free by signing up at:
Pengrowth Energy Corp.'s stock rose 0.69% on Monday, recovering some of the losses from the previous trading session. The company's shares closed the day at $5.84 after oscillating between $5.74 and $5.85. A total of 1.40 million shares were traded, which is below the daily average volume of 1.54 million. The company's shares have surged 21.41% in the previous three months and 5.61% in the last one month, compared to a gain of 6.87% and 2.30% in the S&P 500 during the respective periods. Moreover, Pengrowth Energy Corp's stock is trading above its 50-day and 200-day moving averages of $5.69 and $5.11, respectively. A free report on PGH can be accessed by registering at:
Shares in Vantage Drilling Co. rose sharply on Monday, even as the US equity market finished on a lower note. The company's shares ended the day 1.12% higher at $1.80 after fluctuating between $1.74 and $1.80. A total of 0.71 million shares were traded, which is below the daily average volume of 1.63 million. The company's shares have gained 3.45% in the previous one month, outperforming the S&P 500 which has gained 2.30% during the same period. Further, Vantage Drilling Co.'s stock is trading above its 50-day and 200-day moving averages of $1.77 and $1.78, respectively. Register with AAA Research Reports and download research on VTG for free at:
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SOURCE AAA Research Reports
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