NEW YORK, August 11, 2016 /PRNewswire/ --
Ahead of today's session, Stock-Callers.com looks for growth opportunities in the Oil and Gas Equipment and Services space by issuing research reports on the following equities: Bristow Group Inc. (NYSE: BRS), MRC Global Inc. (NYSE: MRC), CARBO Ceramics Inc. (NYSE: CRR), and Glori Energy Inc. (NASDAQ: GLRI). The industry comprises oil and gas companies focused on related products and contract-based services, such as pumping, cleaning, erecting, repairing, geological surveying, and mapping. These stocks research reports can be downloaded now by simply registering for free at:
On Wednesday, Houston, Texas headquartered Bristow Group Inc.'s stock recorded a trading volume of 960,917 shares and ended the day at $11.43, which was a decline of 2.89%. Shares of the Company, which provides industrial aviation services to the offshore energy industry in Africa, the Americas, the Asia Pacific, and Europe Caspian, are trading below their 50-day moving average by 11.19%. The stock has a Relative Strength Index (RSI) of 46.17.
On August 04th, 2016, Bristow Group reported a GAAP net loss of $40.8 million and diluted loss per share of $1.17 for the three months ended on 30th, June, 2016, compared to a GAAP net loss of $3.3 million and diluted loss per share of $0.27 for the June 2015 quarter. Additionally, the company reported operating revenue of $356.18 million for the June 2016 quarter, compared to operating revenue of $440.11 million for the June 2015 quarter. Your complete research report on BRS can be retrieved for free at:
Houston, Texas headquartered MRC Global Inc.'s stock finished yesterday's session 0.41% higher at $14.81. A total volume of 1.54 million shares was traded, which was above their three months average volume of 1.10 million shares. The Company's shares have gained 2.14% in the last one month, 6.55% over the previous three months, and 14.81% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.46% and 13.73%, respectively. Furthermore, shares of MRC Global, which through its subsidiaries, distributes pipes, valves, fittings, and related products and services to the energy industry in the US, Canada, and internationally, have an RSI of 62.76.
On August 2nd, 2016, MRC Global reported sales of $746 million for Q2 2016, which were 38% lower than Q2 2015. The company noted that net loss attributable to common stockholders for Q2 2016 was $(23) million, or $(0.24) per diluted share, compared to net income attributable to common stockholders of $15 million, or $0.15 per diluted share for Q2 2015.
On August 04th, 2016, research firm Maxim Group upgraded the Company's stock rating from 'Hold' to 'Buy', issuing a target price of $16 per share. MRC free report is just a click away at:
At the closing bell on Wednesday, shares in Houston, Texas headquartered CARBO Ceramics Inc. saw a decline of 4.10%, ending the day at $14.03. The stock recorded a trading volume of 558,994 shares. The Company's shares have advanced 21.05% in the previous three months. The stock is trading 5.71% above its 50-day moving average. Moreover, shares of CARBO Ceramics, which manufactures and sells ceramic proppants, resin-coated ceramic, and resin-coated sand proppants for use in the hydraulic fracturing of natural gas and oil wells in the United States and internationally, have an RSI of 54.94.
On July 28th, 2016, CARBO Ceramics reported a GAAP net loss of $20.3 million for the quarter ended June 30th, 2016, compared to $17.0 million in the same period in 2015. The company's revenue of $20.7 million for Q2 2016 decreased 72%, or $52.6 million, compared to the same period in 2015. The decrease was primarily attributable to a 53% reduction in the average North American rig count. Sign up for your complimentary research report on CRR at:
Houston, Texas headquartered Glori Energy Inc.'s stock ended the day 7.36% lower at $0.22 and with a total volume of 230,957 shares traded. The Company's shares have gained 2.09% over the previous three months. The stock is trading 9.25% below its 50-day moving average. Additionally, shares of Glori Energy, which provides services to third party exploration and production companies in North America and Brazil, have an RSI of 45.16.
On July 26th, 2016, Glori Energy announced that it will release its Q2 2016 financial results on August 11th, 2016 before the market opens. In conjunction with the news release, the company has scheduled a conference call for the same day at 2:00 p.m. Eastern Time. Register for free on Stock-Callers.com and download the latest research report on GLRI at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA