Energy Sector Equities Technical Coverage -- Research on Hercules Offshore, Rowan, Pengrowth Energy, and Vantage Drilling

LONDON, April 9, 2014 /PRNewswire/ --

The trading session on Tuesday, April 08, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,256.14, up 0.06% and the NASDAQ Composite closed at 4,112.99, up 0.81%. The S&P 500 finished the session 0.38% higher at 1,851.96. During the session, positive momentum was observed in Utilities, Consumer Discretionary, and Energy sectors, while the Health Care, Telecommunication Services, and Industrials sectors exerted a drag. The S&P 500 Energy Sector Index finished the day at 655.87, up 0.91%, and the same has gained 2.45% in the last one month. Investor-Edge has initiated coverage on the following equities: Hercules Offshore Inc. (NASDAQ: HERO), Rowan Cos PLC (NYSE: RDC), Pengrowth Energy Corp. (NYSE: PGH) and Vantage Drilling Co. (NYSE MKT: VTG). Free technical research on HERO, RDC, PGH and VTG can be downloaded upon signing up at:

http://www.investor-edge.com/939-register

Hercules Offshore Inc.'s stock finished the session 2.44% higher at $4.62. A total of 7.10 million shares were traded, which is above its three months average volume of 3.97 million shares. The stock fluctuated between $4.50 and $4.68 during the session. Hercules Offshore Inc.'s stock has gained 2.67% in the previous three trading sessions, while the same has fallen by 5.52% in the last one month and 29.15% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $4.69 and $6.35, respectively. Additionally, the stock has a Relative Strength Index (RSI) of 42.88. Sign up today to read free research on HERO at:

http://www.investor-edge.com/939-HERO-09Apr2014.pdf

Shares in Rowan Cos. Plc reported a trading volume of 1.70 million shares, as compared with its three months average volume of 1.68 million shares. The stock ended the day 0.89% higher at $31.57, and at an intraday range of $31.11 and $31.68. The company's shares traded at a PE ratio of 16.88. Rowan Cos. Plc's shares have declined 2.62% in the previous three trading sessions, 5.34% in the last one month and 10.72% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $32.42 and $34.73, respectively. Further, the stock has an RSI of 36.30. Sign up today to read free research on RDC at:

http://www.investor-edge.com/939-RDC-09Apr2014.pdf

On Tuesday, shares in Pengrowth Energy Corp. advanced 1.13% to close the day at $6.25. The stock recorded a trading volume of 0.90 million shares, as compared with its three months average volume of 1.38 million shares. The stock oscillated between $6.17 and $6.29 during the trading session. Pengrowth Energy Corp.'s shares have gained 0.32% in the previous three trading sessions and 0.81% on YTD basis, while the same has declined 2.95% in the last one month. The stock is trading below its 50-day moving average. Pengrowth Energy Corp.'s 50-day moving average of $6.37 is above its 200-day moving average of $6.04. Moreover, the stock has an RSI of 48.74. Sign up today to read free research on PGH at:

http://www.investor-edge.com/939-PGH-09Apr2014.pdf

Vantage Drilling Co.'s stock recorded a trading volume of 1.63 million shares, as compared with its three months average volume of 1.84 million shares. The stock ended the day flat at previous day's closing price of $1.65, after vacillating between $1.61 and $1.68. Vantage Drilling Co.'s shares have lost 1.79% in the previous three trading sessions, 5.71% in the last one month and 10.33% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $1.70 and $1.78, respectively. Furthermore, shares of the company have an RSI of 38.60. Sign up today to read free research on VTG at:

http://www.investor-edge.com/939-VTG-09Apr2014.pdf

EDITOR'S NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

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SOURCE Investor-Edge

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