Stock Review for Oil and Gas Investors -- Oceaneering, Oil States, Parker Drilling, and Recon Technology
NEW YORK, Feb. 8, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on OII, OIS, PKD, and RCON which can be accessed for free by signing up to www.wallstequities.com/registration. For today, WallStEquities.com covers the Oil and Gas Equipment and Services space, which includes companies that provide all the tools and services necessary to do the work of exploring and drilling for new oil and gas supplies. Equities under review this morning are: Oceaneering International Inc. (NYSE: OII), Oil States International Inc. (NYSE: OIS), Parker Drilling Co. Inc. (NYSE: PKD), and Recon Technology Ltd (NASDAQ: RCON). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Oceaneering International
On Wednesday, shares in Houston, Texas headquartered Oceaneering International Inc. recorded a trading volume of 1.31 million shares, which was higher than their three months average volume of 1.24 million shares. The stock ended the day at $19.32, declining 3.88% from the last trading session. The Company's shares are trading below their 50-day moving average by 6.71%. Furthermore, shares of Oceaneering, which provides engineered services and products to the offshore oil and gas, defense, aerospace, and commercial theme park industries worldwide, have a Relative Strength Index (RSI) of 35.18.
On January 12th, 2018, research firm Wells Fargo downgraded the Company's stock rating from 'Market Perform' to 'Underperform'.
On February 01st, 2018, Oceaneering announced that it will report financial results for Q4 and full year 2017 on February 22nd, 2018, after the close of trading on the NYSE. The Company has scheduled a conference call and webcast for February 23rd, 2018, at 10:00 a.m. CT. The call may be accessed under the Investor Relations section of the Company's website. Get the full research report on OII for free by clicking below at:
www.wallstequities.com/registration/?symbol=OII
Oil States International
Houston, Texas headquartered Oil States International Inc.'s stock saw a decline of 2.64%, finishing yesterday's session at $29.45 with a total trading volume of 515,328 shares. The Company's shares have gained 20.45% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 2.62% and 11.27%, respectively. Additionally, shares of Oil States, which through its subsidiaries, provides specialty products and services to oil and natural gas related companies worldwide, an RSI of 42.97.
On January 12th, 2018, research firm Wells Fargo upgraded the Company's stock rating from 'Market Perform' to 'Outperform'.
On February 06th, 2018, Oil States announced that it expects to release its results for Q4 ended December 31st, 2017 on February 14th, 2018, after markets close. The Company has scheduled its earnings conference call for February 15th, 2018, at 10:00 a.m. CT. This call is being webcast and can be accessed on the Company's website. Get access to our top-rated research, including the free report on OIS at:
www.wallstequities.com/registration/?symbol=OIS
Parker Drilling
Shares in Houston, Texas headquartered Parker Drilling Co. Inc. ended the session 4.85% lower at $0.98. The stock recorded a trading volume of 767,097 shares. The Company's shares are trading 10.05% below their 50-day moving average. Moreover, shares of Parker Drilling, which together with its subsidiaries, provides contract drilling and drilling-related services, and rental tools to the energy industry in the US, Russia, Europe, Middle-East, Africa, Asia, Latin America, Canada, and Internationally, have an RSI of 32.74.
On January 30th, 2018, Parker Drilling announced that its 2018 Annual Stockholders' Meeting will be held on May 10th, 2018, at 10:00 a.m. ET at the DoubleTree by Hilton Hotel located at 6 East Greenway Plaza, Houston, Texas 77046. Click here to subscribe for a free membership which welcomes you with our report on PKD at:
www.wallstequities.com/registration/?symbol=PKD
Recon Technology
At the closing bell on Wednesday, Beijing, China headquartered Recon Technology Ltd's stock dropped slightly by 0.81%, finishing at $1.28. A total volume of 366,072 shares was traded. The Company's shares are trading 0.58% above their 200-day moving average. Additionally, shares of Recon Technology, which provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in China, have an RSI of 42.08.
On January 24th, 2018, Recon Technology announced the closing of its previously announced registered direct offering with institutional investors of 3,592,500 ordinary shares, at a purchase price of $1.66 per share, for aggregate gross proceeds of $5,963,550. To get free access to your research report on RCON, sign up at:
www.wallstequities.com/registration/?symbol=RCON
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