NEW YORK, April 6, 2017 /PRNewswire/ --
On Wednesday, April 05, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged lower at the closing bell. Eight out of nine sectors ended Wednesday's trading session in bearish territories. Taking into consideration yesterday's market sentiment, Stock-Callers.com assessed the following Oil & Gas Drilling & Exploration equities this morning: W&T Offshore Inc. (NYSE: WTI), Concho Resources Inc. (NYSE: CXO), Pioneer Energy Services Corporation (NYSE: PES), and Tellurian Inc. (NASDAQ: TELL). Download the free research reports on these stocks today:
Houston, Texas headquartered W&T Offshore Inc.'s stock finished Wednesday's session 1.12% lower at $2.64 with a total volume of 1.92 million shares traded. W&T Offshore's shares have gained 26.92% in the past one year. The Company's shares are trading above its 200-day moving average by 19.57%. Shares of W&T Offshore, which engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico, have a Relative Strength Index (RSI) of 39.18. See our free and comprehensive research report on WTI at:
Midland, Texas headquartered Concho Resources Inc.'s stock fell 2.24%, to close the day at $127.25. The stock recorded a trading volume of 1.47 million shares, which was above its three months average volume of 1.37 million shares. Concho Resources' shares have gained 24.88% in the past one year. The Company's shares are trading 5.19% and 3.53% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which engages in the acquisition, development, exploration, and production of oil and natural gas properties in the US, have an RSI of 42.76. CXO free research report PDF is just a click away at:
On Wednesday, shares in San Antonio, Texas-based Pioneer Energy Services Corp. ended the session 3.85% higher at $4.05 with a total volume of 2.08 million shares traded. Pioneer Energy Services' shares have rallied 81.61% in the past one year. The stock is trading 22.97% below its 50-day moving average and 13.27% below its 200-day moving average. Moreover, shares of the Company, which provides land-based drilling and production services to oil and gas exploration and production companies in the US and Colombia, have an RSI of 37.86. Sign up for your complimentary report on PES at:
On Wednesday, shares in Houston, Texas-based Tellurian Inc. recorded a trading volume of 614,860 shares. The stock ended the day 1.36% lower at $11.58. Shares of the Company, which offers mid-scale natural gas liquefaction and export projects, are trading at a PE ratio of 165.43. Tellurian's stock has rallied 5.66% in the last three months and 1,186.67% in the previous one year. The Company's shares are trading above its 200-day moving average by 58.21%. Furthermore, Tellurian's shares have an RSI of 46.49. Register for free on Stock-Callers.com and download the latest research report on TELL at:
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