NEW YORK, March 9, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on JAG, PTEN, PBR-A, and REI which can be accessed for free by signing up to www.wallstequities.com/registration. Today, WallStEquities.com presents the following Oil and Gas Drilling and Exploration stocks: Jagged Peak Energy Inc. (NYSE: JAG), Patterson-UTI Energy Inc. (NASDAQ: PTEN), Petroleo Brasileiro S.A. – Petrobras (NYSE: PBR-A), and Ring Energy Inc. (NYSE AMER: REI). The Oil and Gas Drilling industry is powered by companies that extract oil on a contract basis. It may involve directional drilling, well drilling, and reconditioning of oil and gas field wells. All you have to do is sign up today for this free limited time offer by clicking the link below.
Jagged Peak Energy
Denver, Colorado headquartered Jagged Peak Energy Inc.'s shares saw a decline of 1.27%, finishing Thursday's trading session at $11.67. A total volume of 873,245 shares was traded. The stock is trading below its 200-day moving average by 14.12%. Moreover, shares of the Company, which focuses on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware basin, a sub-basin of the Permian basin of West Texas, have a Relative Strength Index (RSI) of 30.27.
On February 26th, 2018, Jagged Peak Energy Chairman, President, and CEO Joseph N. Jaggers announced plans to retire at the end of March 2018 for health and personal reasons. Following an orderly transition, current independent director James J. Kleckner will become President and CEO. Also, as part of the succession plan, current Company director Charles D. Davidson, former CEO of Noble Energy Inc., will assume the role of Chairman. Both appointments will take effect on the date of Mr. Jaggers' retirement. Get the full research report on JAG for free by clicking below at: www.wallstequities.com/registration/?symbol=JAG
On Thursday, shares in Houston, Texas headquartered Patterson-UTI Energy Inc. recorded a trading volume of 4.18 million shares, which was above their three months average volume of 3.85 million shares. The stock ended the session 2.31% higher at $19.46. The Company's shares are trading 3.62% below their 200-day moving average. Furthermore, shares of the Company, which through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the US and Canada, have an RSI of 46.37.
On February 09th, 2018, research firm Cowen reiterated its 'Market Perform' rating on the Company's stock with a decrease of the target price from $30 a share to $23 a share.
On February 21st, 2018, Patterson-UTI Energy announced that it has acquired the business of Superior QC, LLC, including its assets and intellectual property. Founded in 2015 by Chad Hanak, Ph.D., Superior QC is a provider of software used to improve the accuracy of horizontal wellbore placement. To experience our free membership services anytime/ anywhere and access the free report on PTEN, click to register at: www.wallstequities.com/registration/?symbol=PTEN
Shares in Rio de Janeiro, Brazil headquartered Petroleo Brasileiro S.A. – Petrobras closed at $13.31, slightly down 0.15% from the last trading session. The stock recorded a trading volume of 4.38 million shares. The Company's shares have gained 7.51% in the last month, 40.70% over the previous three months, and 45.62% over the past year. The stock is trading 13.43% and 37.79% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Petrobras, which operates in the oil, natural gas, and energy industries, have an RSI of 62.27. Join our big investor community at Wall St. Equities today and get your free report on PBR-A at: www.wallstequities.com/registration/?symbol=PBR-A
Midland, Texas headquartered Ring Energy Inc.'s stock ended 0.79% lower at $13.87 with a total trading volume of 297,141 shares. The Company's shares have advanced 30.85% over the past year. The stock is trading above its 200-day moving average by 3.22%. Furthermore, shares of Ring Energy, which explores for, develops, and produces oil and natural gas in Texas and Kansas, the US, have an RSI of 41.82.
On February 14th, 2018, Ring Energy announced that it has been added to the S&P SmallCap 600 Index, effective February 13th, 2018, prior to the market open. The S&P SmallCap 600 measures the small-cap segment of the US equity market and consists of 600 domestic stocks selected by Standard & Poor's Index Committee based on specific eligibility criteria such as market capitalization, liquidity, and financial viability. Know more about REI in our free research coverage at: www.wallstequities.com/registration/?symbol=REI
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