Stock Review for Oil & Gas Investors -- Patterson-UTI Energy, Diamond Offshore Drilling, Petroleo Brasileiro, and W&T Offshore
NEW YORK, Dec. 15, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on PTEN, DO, PBR-A, and WTI which is a click away at www.wallstequities.com/registration. WallStEquities.com revisits the Oil and Gas Drilling and Exploration space, which comprises companies that search for potential underground or underwater crude oil or natural gas fields, and drill and operate wells that bring the crude oil or natural gas to the surface. Equities under review this morning are: Patterson-UTI Energy Inc. (NASDAQ: PTEN), Diamond Offshore Drilling Inc. (NYSE: DO), Petroleo Brasileiro S.A. – Petrobras (NYSE: PBR-A), and W&T Offshore Inc. (NYSE: WTI). Sign up today for free and learn why our members refer to our research coverage as the 'best out there': www.wallstequities.com/registration
Patterson-UTI Energy
On Thursday, shares in Houston, Texas headquartered Patterson-UTI Energy Inc. recorded a trading volume of 2.67 million shares. The stock ended the day at $20.62, declining 3.24% from the last trading session. The Company's shares have advanced 3.51% in the past month and 10.50% in the previous three months. The stock is trading above its 50-day moving average by 1.00%. Furthermore, shares of Patterson-UTI Energy, which through its subsidiaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the US and Canada, have a Relative Strength Index (RSI) of 46.84.
On December 05th, 2017, Patterson-UTI Energy reported that for the month of November 2017, it had an average of 161 drilling rigs operating. For the two months ended November 30th, 2017, the Company had an average of 159 drilling rigs operating. Signing up now gives you access to the free research coverage on PTEN at: www.wallstequities.com/registration/?symbol=PTEN
Diamond Offshore Drilling
Houston, Texas headquartered Diamond Offshore Drilling Inc.'s stock saw a correction of 1.19%, finishing yesterday's session at $16.63 with a total trading volume of 1.77 million shares. The Company's shares have gained 5.32% in the last month and 25.60% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 4.05% and 20.03%, respectively. Additionally, shares of the Company, which provides contract drilling services to the energy industry worldwide, have an RSI of 55.18. Get access to our top-rated research, including the free report on DO at: www.wallstequities.com/registration/?symbol=DO
Petroleo Brasileiro
Shares in Rio de Janeiro, Brazil headquartered Petroleo Brasileiro S.A. – Petrobras ended the session 2.07% lower at $9.00. The stock recorded a trading volume of 5.40 million shares. The Company's shares have gained 2.16% on an YTD basis. The stock is trading 0.19% above its 200-day moving average. Moreover, shares of Petrobras, which operates in the oil, natural gas, and energy industries, have an RSI of 36.01. Click here to subscribe for a free membership which welcomes you with our report on PBR-A at: www.wallstequities.com/registration/?symbol=PBR-A
W&T Offshore
At the closing bell on Thursday, Houston, Texas headquartered W&T Offshore Inc.'s stock dropped 4.47%, finishing at $2.78. A total volume of 2.13 million shares was traded. The Company's shares have gained 15.83% over the previous three months and 0.36% on an YTD basis. The stock is trading 12.49% above its 200-day moving average. Additionally, shares of W&T Offshore, which engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico, have an RSI of 36.74. To get free access to your research report on WTI, sign up at: www.wallstequities.com/registration/?symbol=WTI
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