Technical Perspectives on Oil & Gas Stocks -- McDermott, NOW, Precision Drilling, and ProPetro

NEW YORK, Feb. 27, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on MDR, DNOW, PDS, and PUMP which can be accessed for free by signing up to www.wallstequities.com/registration. Today's research on WallStEquities.com is dedicated to the Oil and Gas Equipment and Services industry, which is engaged in oil-and-gas-related services on a contract basis, such as cleaning, testing, erecting, repairing, and dismantling oil and gas field rigs and derricks, as well as pipeline-related services. Under assessment this morning are: McDermott International Inc. (NYSE: MDR), NOW Inc. (NYSE: DNOW), Precision Drilling Corp. (NYSE: PDS), and ProPetro Holding Corp. (NYSE: PUMP). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

McDermott International

Shares in Houston, Texas headquartered McDermott International Inc. rose slightly by 0.79%, ending Monday's trading session at $7.62. The stock recorded a trading volume of 4.25 million shares. The Company's shares have gained 2.97% over the last three months and 1.74% over the past year. The stock is trading 9.09% above its 200-day moving average. Moreover, shares of McDermott, which provides engineering, procurement, construction and installation, front-end engineering and design, and module fabrication services for upstream field developments worldwide, have a Relative Strength Index (RSI) of 48.00.  

On February 21^st, 2018, McDermott announced its results for Q4 and full year ended December 31^st, 2017. For Q4 2017, GAAP earnings attributable to Company stockholders were $25.5 million, revenues were $718.1 million, and operating income was $53.9 million. For the full year 2017, GAAP earnings attributable to Company stockholders were $178.5 million, revenues were $2,984.8 million, and operating income was $324.2 million. Get the full research report on MDR for free by clicking below at: www.wallstequities.com/registration/?symbol=MDR

NOW

Houston, Texas headquartered NOW Inc.'s stock climbed 1.28%, closing the day at $10.29 with a total trading volume of 823,216 shares. The stock is trading 7.69% below their 50-day moving average. Shares of the Company, which distributes energy and industrial products in the US, Canada, and internationally, have an RSI of 46.19. 

On February 14^th, 2018, NOW announced its results for Q4 and full year ended December 31^st, 2017. For Q4 2017, revenue was $669 million, net loss was $(3) million, and non-GAAP EBITDA excluding other costs was $13 million. For the full year 2017, revenue was $2,648 million, net loss was $(52) million, and non-GAAP EBITDA excluding other costs was $7 million.

On February 15^th, 2018, research firm Stifel reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $15 a share to $13 a share. Access the free research report on DNOW now by signing up at: www.wallstequities.com/registration/?symbol=DNOW

Precision Drilling

On Monday, shares in Calgary, Canada headquartered Precision Drilling Corp. recorded a trading volume of 2.03 million shares. The stock ended the day 0.58% higher at $3.48. The Company's shares have advanced 32.32% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 5.08% and 12.82%, respectively. Furthermore, shares of Precision Drilling, which provides oil and natural gas drilling and related services and products, have an RSI of 53.88.  

On February 15^th, 2018, Precision Drilling announced its Q4 2017 and year-end financial results. For Q4 2017, revenue was $347 million, net loss was $(47) million, and adjusted EBITDA was $91 million. For the full year 2017, revenue was $1,321 million, net loss was $(132) million, and adjusted EBITDA was $305 million. Are you already registered with Wall St. Equities? Do so now for free, and get the report on PDS at: www.wallstequities.com/registration/?symbol=PDS

ProPetro Holding

Midland, Texas headquartered ProPetro Holding Corp.'s stock dropped 1.55%, finishing yesterday's session at $16.51 with a total trading volume of 1.11 million shares. The stock is trading above their 200-day moving average by 8.30%. Shares of the Company, which provides oilfield services, have an RSI of 40.67.

On February 07^th, 2018, research firm Cowen initiated a 'Market Perform' rating on the Company's stock, with a target price of $17 per share. Aspiring Member, please take a moment to register below for your free research report on PUMP at: www.wallstequities.com/registration/?symbol=PUMP

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