Sector Analysis: Energy Stocks -- Research on Cameron Intl., Superior Energy Services, National Oilwell Varco and Energy XXI Bermuda
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LONDON, March 19, 2014 /PRNewswire/ --
The trading session on Tuesday, March 18, 2014 ended on a positive note as the S&P 500 finished at 1,872.25, up 0.72%; the NASDAQ Composite closed at 4,333.31, up 1.25%; and the Dow Jones Industrial Average finished the session 0.55% higher at 16,336.19. The gains were broad based as nine out of ten sectors posted gains. The S&P 500 Energy Sector Index finished the day at 637.94, up 0.78%, and the same has advanced 1.40% in the last one month. Investor-Edge has initiated coverage on the following equities: Cameron International Corp. (NYSE: CAM), Superior Energy Services Inc. (NYSE: SPN), National Oilwell Varco Inc. (NYSE: NOV) and Energy XXI Bermuda Ltd (NASDAQ: EXXI). Free technical research on CAM, SPN, NOV and EXXI can be downloaded upon signing up at:
http://www.investor-edge.com/332-register
Cameron International Corp.'s stock saw a trading volume of 3.97 million shares, as compared with a three months average volume of 3.32 million shares. The stock ended the day at $63.03, up 0.90% and at an intraday range of $62.59 and $63.26. Shares of the company traded at a PE ratio of 19.08. Cameron International Corp.'s shares have gained 2.17% in the previous three trading sessions, 2.01% in the last one month, and 5.88% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. Cameron International Corp.'s 50-day moving average of $60.39 is above the 200-day moving average of $59.38. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 54.91. Sign up today to read free research on CAM at:
http://www.investor-edge.com/332-CAM-19Mar2014.pdf
On Tuesday, shares in Superior Energy Services Inc. fell 2.11% to close at $28.28. A total of 4.11 million shares were traded, which is above the three months average volume of 2.17 million. The stock oscillated between $28.22 and 28.97 during the trading session. Shares of the company traded at a PE ratio of 18.13. Superior Energy's shares has advanced 0.46% in the previous three trading session, 4.43% in the last one month, and 6.28% on YTD basis. The company's shares are trading above their 50-day and 200-day moving averages. Superior Energy Services Inc.'s 50-day moving average of $26.43 is above the 200-day moving average of $26.25. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 59.75. Sign up today to read free research on SPN at:
http://www.investor-edge.com/332-SPN-19Mar2014.pdf
Shares in National Oilwell Varco Inc. recorded a trading volume of 3.48 million shares, as compared with a three months average volume of 4.00 million shares. The stock ended the day at $74.29, up 0.30% after vacillating between $74.14 and $75.09. Shares of the company traded at a PE ratio of 13.01. National Oilwell Varco Inc.'s shares have lost 1.18% in the previous three trading sessions, 2.76% in the last one month, and 6.59% on YTD basis. The company's shares are trading below their 50-day and 200-days moving averages. National Oilwell Varco Inc.'s 200-day moving average of $76.28 is above the 50-day moving average of $76.18. Additionally, shares of the company are trading at the Relative Strength Index (RSI) of 38.46. Sign up today to read free research on NOV at:
http://www.investor-edge.com/332-NOV-19Mar2014.pdf
On Tuesday, shares in Energy XXI Bermuda Ltd rose 3.12%, finishing the session at $23.12. The stock recorded trading volume of 2.52 million shares as compared to a three months average volume of 2.03 million shares. The stock fluctuated between $22.26 and $23.12 during the session. Shares of the company traded at a PE ratio of 12.74. Energy XXI Bermuda Ltd's shares have advanced 4.47% in the previous three trading session, but they fell 3.67% in the last one month and 14.56% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages. Energy XXI (Bermuda) Ltd's 200-day moving average of $26.37 is above the 50-day moving average of $23.47. Moreover, the stock is trading at the Relative Strength Index (RSI) of 42.31. Sign up today to read free research on EXXI at:
http://www.investor-edge.com/332-EXXI-19Mar2014.pdf
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