NEW YORK, April 11, 2017 /PRNewswire/ --
Stock-Callers.com is currently assessing the performances of SeaDrill Ltd (NYSE: SDRL), Whiting Petroleum Corp. (NYSE: WLL), Transocean Ltd (NYSE: RIG), and Diamond Offshore Drilling Inc. (NYSE: DO). Services provided by companies in the Oil and Gas Drilling and Exploration industry include directional drilling, well drilling, and reconditioning of oil and gas field wells. Learn more about these stocks by downloading their free report at:
On Monday, shares in Hamilton, Bermuda-based SeaDrill Ltd recorded a trading volume of 12.55 million shares, and ended the session 16.16% higher at $0.81. The stock is trading 50.15% below its 50-day moving average. Shares of the Company, which provides offshore drilling services to the oil and gas industry worldwide, have a Relative Strength Index (RSI) of 34.05.
On April 04th, 2017, SeaDrill announced that it has reached an agreement with its banking group to extend a series of key dates as part of its ongoing restructuring efforts. The Company has reached an agreement to extend the milestone to implement a restructuring plan from April 30th, 2017, to July 31st, 2017, and also to extend the related covenant amendments and waivers expiring on June 30th, 2017, to September 30th, 2017. The free research report on SDRL is available at:
Denver, Colorado-based Whiting Petroleum Corp.'s stock closed the day 5.59% higher at $9.63 with a total trading volume of 10.68 million shares. The Company's shares have advanced 5.25% in the past month. The stock is trading 1.16% above its 200-day moving average. Additionally, shares of Whiting Petroleum, which engages in the development, production, acquisition, and exploration of crude oil, natural gas liquids, and natural gas primarily in the Rocky Mountains region of the US, have an RSI of 52.54.
On March 23rd, 2017, research firm UBS downgraded the Company's stock rating from 'Neutral' to 'Sell' while revising its previous target price from $12 a share to $8 a share. The complimentary report on WLL can be downloaded at:
Shares in Vernier, Switzerland-based Transocean Ltd recorded a trading volume of 6.44 million shares. The stock ended yesterday's trading session 2.57% higher at $12.75. The Company's shares have advanced 4.00% in the past month, and are trading above their 200-day moving average by 5.99%. Furthermore, shares of Transocean, which together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide, have an RSI of 53.79.
On April 05th, 2017, Transocean announced that the harsh-environment semisubmersible Transocean Spitsbergen was awarded two contracts with Statoil. The estimated firm backlog associated with these contracts is $83 million, which excludes performance incentive opportunities, integrated services, and mobilization. The initial contract is expected to commence in Q3 2017. Visit us today and download our complete research report on RIG for free at:
Houston, Texas headquartered Diamond Offshore Drilling Inc.'s stock finished Monday's session 3.04% higher at $16.27 with a total trading volume of 2.16 million shares. The Company's shares have advanced 7.11% in the last month. The stock is trading below its 50-day moving average by 0.64%. Additionally, shares of Diamond Offshore Drilling, which provides contract drilling services to the energy industry worldwide, have an RSI of 52.65. Get free access to your technical report on DO at:
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