Free Technical Briefing on Oil and Gas Stocks -- Transocean, Unit, Whiting Petroleum, and W&T Offshore
NEW YORK, July 30, 2018 /PRNewswire/ -- If you want a free Stock Review on RIG, UNT, WLL, and WTI sign up now at https://stocktraderreport.com/registration/. On Friday, July 27, 2018, with all sectors in the red at the end of the trading sessions, US markets experienced broad based losses. Benchmark US indices were bearish at the end of last Friday's session - NASDAQ Composite down 1.46% closing at 7,737.42; the Dow Jones Industrial Average 0.30% lower, finishing at 25,451.06; and the S&P 500 ending at 2,818.82, down 0.66%. Pre-market today, StockTraderReport.com scans the performance of the following four Oil & Gas Drilling & Exploration stocks: Transocean Ltd (NYSE: RIG), Unit Corp. (NYSE: UNT), Whiting Petroleum Corp. (NYSE: WLL), and W&T Offshore Inc. (NYSE: WTI). All you have to do is sign up today for this free limited time offer by clicking the link below.
https://stocktraderreport.com/registration/
Transocean
On Friday, shares in Switzerland-headquartered Transocean Ltd recorded a trading volume of 9.11 million shares. The stock ended at $12.91, declining 0.77% from the last trading session. The Company's shares have gained 48.90% in the last twelve months and 20.88% on an YTD basis. The stock is trading above its 200-day moving average by 15.09%. 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 49.66.
On July 09th, 2018, research firm Susquehanna upgraded the Company's stock rating from 'Neutral' to 'Positive'.
On July 23rd, 2018, Transocean issued its quarterly Fleet Status Report that provides the current status of, and contract information for, the Company's fleet of offshore drilling rigs. Since its last Fleet Status Report, the Company has added approximately $405 million in contract backlog. As of that day, the Company's backlog is $11.7 billion, which includes day rate reductions on four of its newbuild drillships related to cost de-escalations attributable to down-manning. Get the full research report on RIG for free by clicking below at:
https://stocktraderreport.com/registration/?symbol=RIG
Unit
USA-based Unit Corp.'s stock finished last Friday's session 2.90% lower at $24.41. A total volume of 355,176 shares was traded. The Company's shares have gained 33.83% in the last twelve months and 10.95% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.44% and 11.80%, respectively. Furthermore, shares of Unit, which together with its subsidiaries, operates as an oil and natural gas contract drilling company in the US, have an RSI of 42.77. UNT's complimentary research coverage is a few simple steps away at:
https://stocktraderreport.com/registration/?symbol=UNT
Whiting Petroleum
At the close of trading on Friday, shares in USA-based Whiting Petroleum Corp. saw a drop of 2.62%, ending the day at $47.92. The stock recorded a trading volume of 1.97 million shares. The Company's shares have advanced 18.79% in the previous three months, 137.23% over the last twelve months, and 80.97% since the start of this year. The stock is trading above its 200-day moving average by 37.73%. Moreover, shares of Whiting Petroleum, which engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas primarily in the Rocky Mountains region of the US, have an RSI of 37.75.
On July 09th, 2018, Whiting Petroleum announced that it will release its Q2 2018 financial and operating results on July 31st, 2018, after the market closes. A conference call with investors, analysts, and other interested parties is scheduled for 11:00 a.m. ET on August 01st, 2018, to discuss these results. Register for your free research report on WLL at:
https://stocktraderreport.com/registration/?symbol=WLL
W&T Offshore
USA-headquartered W&T Offshore Inc.'s shares ended the day 6.49% lower at $6.92 with a total trading volume of 4.19 million shares, which was above their three months average of 4.11 million shares. The stock has gained 17.49% in the previous three months, 254.87% over the last twelve months, and 109.06% on an YTD basis. The Company's shares are trading above their 200-day moving average by 39.62%. Additionally, shares of the Company, which acquires, explores for, and develops oil and natural gas properties in the Gulf of Mexico, have an RSI of 39.09.
On July 20th, 2018, W&T Offshore (WTI) announced the promotion of William Williford to Vice President and General Manager of Gulf of Mexico. He has been with WTI since 2006 and has served in various positions of increasing responsibility with the Company. Mr. Williford has over 20 years of oil and gas technical experience with large independents in the Gulf of Mexico and Domestic Onshore. Stock Trader Report's downloadable research report on WTI is available at:
https://stocktraderreport.com/registration/?symbol=WTI
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