Oil and Gas Drilling Stocks on our Scanner -- Diamond Offshore Drilling, Rowan Cos, Helmerich and Payne, Vantage Drilling, and Precision Drilling
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LONDON, September 29, 2014 /PRNewswire/ --
On Friday, September 26, 2014, the NASDAQ Composite ended at 4,512.19, up 1.02%, the Dow Jones Industrial Average finished the day 0.99% higher at 17,113.15, and the S&P 500 closed at 1,982.85, up 0.86%. The gains were broad based as all the ten sectors ended the session in positive. The S&P 500 Energy Sector Index ended the day at 671.95, up 1.31%, while the index has lost 6.12% in the last one month. Investor-Edge has initiated coverage on the following equities: Diamond Offshore Drilling Inc. (NYSE: DO), Rowan Companies PLC (NYSE: RDC), Helmerich and Payne Inc. (NYSE: HP), Vantage Drilling Company (NYSE MKT: VTG), and Precision Drilling Corporation (NYSE: PDS). Free research on these five companies can be accessed at:
http://investor-edge.com/register
On Friday, shares in Diamond Offshore Drilling Inc. recorded a trading volume of 1.28 million shares, lower than its three months average volume of 1.50 million shares. The stock finished the day at $36.38, up 0.80%, and registered an intraday range of $36.11 and $36.77. Shares of Diamond Offshore Drilling Inc. have declined 16.90% in the last one month and 25.39% in the past three months. Also, the stock has plummeted 33.07% on YTD basis. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $47.29 is above its 50-day moving average of $43.35. Additionally, shares of Diamond Offshore Drilling Inc. traded at a PE ratio of 12.18 and have a Relative Strength Index (RSI) of 19.96. Sign up and read the free notes on DO at:
http://www.Investor-Edge.com/DO-29Sep2014
Rowan Cos. PLC's stock gained 3.53%, to close Friday's session at $26.11, after oscillating between $25.27 and $26.20. The stock recorded a trading volume of 4.59 million shares, above its three months average volume of 2.39 million shares. Over the last one month and past three months, Rowan Cos. PLC's shares have lost 12.59% and 17.37%, respectively. Also, from the beginning of 2014, the stock has fallen by 26.16%. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $31.40 is above its 50-day moving average of $29.16. Further, Rowan Cos. PLC's stock traded at a PE ratio of 14.97 and has an RSI of 31.91. The complimentary notes on RDC can be downloaded as in PDF format at:
http://www.Investor-Edge.com/RDC-29Sep2014
On Friday, shares in Helmerich and Payne Inc. finished the session 1.36% higher at $99.00. A total of 1.09 million shares were traded, which was above its three months average volume of 1.02 million shares. The stock moved between $97.10 and $99.72 during the session. Over the last one month and past three months, Helmerich and Payne Inc.'s shares have declined 3.95% and 14.27%, respectively. However, the stock has gone up 17.75% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $104.39 is greater than its 200-day moving average of $101.61. Shares of Helmerich and Payne Inc. traded at a PE ratio of 16.37 and have an RSI of 42.41. Register for free on Investor-Edge and access the latest research on HP at:
http://www.Investor-Edge.com/HP-29Sep2014
Vantage Drilling Co.'s stock fluctuated between $1.40 and $1.49 before ending Friday's session up 4.26%, at $1.47. The stock reported a trading volume of 1.05 million shares, below its three months average volume of 1.41 million shares. Further, Vantage Drilling Co.'s shares have plummeted 17.88% over the last one month and 21.39% over the past three months. Also, the stock has declined 20.11% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $1.77 is greater than its 200-day moving average of $1.76. Moreover, shares of Vantage Drilling Co. traded at a PE ratio of 6.59 and have an RSI of 29.18. The complete research on VTG is available for free at:
http://www.Investor-Edge.com/VTG-29Sep2014
Precision Drilling Corp.'s stock advanced 1.76%, to close Friday's session at $10.99, after vacillating between $10.70 and $11.03. The stock recorded a trading volume of 1.66 million shares, above its three months average volume of 1.49 million shares. Over the last one month and past three months, Precision Drilling Corp.'s shares have lost 12.43% and 21.33%, respectively. However, from the beginning of 2014, the stock has surged 17.29%. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $12.14 is above its 200-day moving average of $11.64. Further, Precision Drilling Corp.'s stock has an RSI of 38.35. Free in depth research on PDS is available at:
http://www.Investor-Edge.com/PDS-29Sep2014
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