NEW YORK, July 6, 2017 /PRNewswire/ --
If you want a Stock Review on RIG, SDRL, CVE or RSPP then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Today's research on DailyStockTracker.com is centered on four Oil and Gas Drilling and Exploration operators, particularly: Transocean Ltd (NYSE: RIG), SeaDrill Ltd (NYSE: SDRL), Cenovus Energy Inc. (NYSE: CVE), and RSP Permian Inc. (NYSE: RSPP). The Oil and Gas Drilling space is powered by companies that extract oil on a contract basis. The industry may involve directional drilling, well drilling, and reconditioning of oil and gas field wells. Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at: http://dailystocktracker.com/register/
On Wednesday, shares in Vernier, Switzerland-based Transocean Ltd recorded a trading volume of 14.59 million shares, which was higher than their three months average volume of 12.64 million shares. The stock ended the day at $8.28, declining 4.50% from the last trading session. The Company's shares are trading below their 50-day moving average by 14.28%. Furthermore, shares of Transocean, which together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide, have a Relative Strength Index (RSI) of 40.59.
On June 26th, 2017, Transocean announced the early results of its previously announced cash tender offers by Transocean Inc., its wholly-owned subsidiary, to purchase up to USD$1.5 billion aggregate principal amount of the following series of notes: 2.500% Senior Notes due 2017; 7.375% Senior Notes due 2018; 6.000% Senior Notes due 2018; 6.500% Senior Notes due 2020; and 6.375% Senior Notes due 2021. Sign up and read the free research report on RIG at: http://dailystocktracker.com/registration/?symbol=RIG
Hamilton, Bermuda headquartered SeaDrill Ltd's stock rose 0.82%, finishing yesterday's session at $0.37 with a total trading volume of 7.96 million shares. The Company's shares are trading below their 50-day moving average by 29.20%. Shares of the Company, which provides offshore drilling services to the oil and gas industry worldwide, have an RSI of 35.11.
On June 28th, 2017, SeaDrill announced that it has amended the revolving credit facility provided to North Atlantic Drilling Ltd, its majority owned subsidiary, to mature on July 31st, 2017, and increased it to $150 million. This interim funding arrangement has been put in place while broader restructuring negotiations continue at both companies. The complimentary research report on SDRL can be downloaded at: http://dailystocktracker.com/registration/?symbol=SDRL
Shares in Calgary, Canada headquartered Cenovus Energy Inc. ended the session 6.63% lower at $7.04. The stock recorded a trading volume of 4.94 million shares, which was above its three months average volume of 4.88 million shares. The Company's shares are trading 19.98% below their 50-day moving average. Moreover, shares of Cenovus Energy, which develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, have an RSI of 35.89.
On June 20th, 2017, Cenovus Energy announced that its President and CEO, Brian Ferguson, will be retiring as an officer and director of the Company on October 31st, 2017. Ferguson will continue in his roles leading the Company and serving on the Board of Directors until that time. The Board will engage immediately in a broad global search for a new President and CEO.
On July 05th, 2017, research firm Raymond James downgraded the Company's stock rating from 'Market Perform' to 'Underperform'. Register for free on DailyStockTracker.com and access the latest report on CVE at: http://dailystocktracker.com/registration/?symbol=CVE
At the closing bell on Wednesday, Dallas, Texas headquartered RSP Permian Inc.'s stock dropped 3.37%, finishing at $32.08. A total volume of 1.72 million shares was traded. The Company's shares are trading 11.67% below their 50-day moving average. Additionally, shares of RSP Permian, which engages in the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas, have an RSI of 41.70.
On June 12th, 2017, research firm Williams Capital Group initiated a 'Buy' rating on the Company's stock, with a target price of $47 per share. Get free access to your research report on RSPP at: http://dailystocktracker.com/registration/?symbol=RSPP
Daily Stock Tracker:
Daily Stock Tracker (DST) 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. DST 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.
DST 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@example.com. 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 DST. DST 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.
DST, 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. DST, 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, DST, 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 DST 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 http://dailystocktracker.com/disclaimer/
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:
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA