NEW YORK, March 30, 2017 /PRNewswire/ --
Today's research on Stock-Callers.com brings investors' attention to four Oil and Gas Equipment and Services stocks, namely: Weatherford International PLC (NYSE: WFT), Halliburton Co. (NYSE: HAL), Schlumberger Ltd (NYSE: SLB), and Helix Energy Solutions Group Inc. (NYSE: HLX). These companies provide all the tools and services necessary to explore and drill for new oil and gas supplies. Learn more about these stocks by downloading their free research reports in PDF format at:
On Wednesday, shares in Baar, Switzerland headquartered Weatherford International PLC recorded a trading volume of 15.84 million shares. The stock ended the day at $6.63, rising 2.00% from the last trading session. The Company's shares have advanced 17.14% in the past month, 30.51% in the previous three months, and 32.87% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 13.19% and 18.33%, respectively. Furthermore, shares of Weatherford International, which together with its subsidiaries, operates as a multinational oilfield service company worldwide, have a Relative Strength Index (RSI) of 63.63.
On March 24th, 2017, Weatherford International and Schlumberger announced an agreement to create OneStim, a joint venture to deliver completions products and services for the development of unconventional resource plays in the US and Canada land markets. Schlumberger and Weatherford will have 70/30 ownership of the joint venture, respectively. The transaction is expected to close in H2 2017.
On March 27th, 2017, research firm Wells Fargo upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Sign up and read the free research report on WFT at:
Houston, Texas-based Halliburton Co.'s stock climbed 2.50%, finishing yesterday's session at $49.22. A total volume of 10.83 million shares was traded, which was above their three months average volume of 8.32 million shares. The Company's shares are trading above their 200-day moving average by 1.69%. Additionally, shares of Halliburton, which provides a range of services and products to the upstream oil and natural gas industry worldwide, have an RSI of 36.77.
On March 06th, 2017, Halliburton announced that CFO Mark McCollum is leaving the Company effective immediately to become CEO at Weatherford International PLC. Halliburton Executive Vice President and General Counsel, Robb L. Voyles, has been named interim CFO and will manage the CFO responsibilities in addition to his current responsibilities until a replacement is found. The complimentary research report on HAL can be downloaded at:
Shares in Houston, Texas-based Schlumberger Ltd ended the session 0.46% higher at $78.67. The stock recorded a trading volume of 4.40 million shares. The Company's shares are trading 1.63% below their 200-day moving average. Moreover, shares of Schlumberger, which supplies technology products and services to the oil and gas exploration and production industry worldwide, have an RSI of 45.22. Register for free on Stock-Callers.com and access the latest report on SLB at:
At the closing bell on Wednesday, Houston, Texas headquartered Helix Energy Solutions Group Inc.'s stock edged 3.70% higher, finishing at $7.56. A total volume of 1.80 million shares was traded. The Company's shares are trading 4.12% below their 50-day moving average. Additionally, shares of Helix Energy Solutions, 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 50.10. Get free access to your research report on HLX at:
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