This Morning's Technical Outlook on Oil & Gas Stocks -- Diamond Offshore Drilling, Halcon Resources, Helmerich & Payne, and Petroleo Brasileiro
NEW YORK, Jan. 24, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on DO, HK, HP, and PBR-A which can be accessed for free by signing up to www.wallstequities.com/registration. On Tuesday, benchmark US indices were mixed as the NASDAQ Composite closed the trading session up 0.71%; the Dow Jones Industrial Average edged 0.01% lower; and the S&P 500 was up 0.22%. US markets saw six out of nine sectors finishing the day in green, two in red, and one in neutral territory. Pre-market today, WallStEquities.com reviews these four Oil & Gas Drilling & Exploration stocks: Diamond Offshore Drilling Inc. (NYSE: DO), Halcon Resources Corp. (NYSE: HK), Helmerich & Payne Inc. (NYSE: HP), and Petroleo Brasileiro S.A. – Petrobras (NYSE: PBR-A). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Diamond Offshore Drilling
Houston, Texas headquartered Diamond Offshore Drilling Inc.'s stock finished Tuesday's session 0.85% lower at $19.75. A total volume of 2.03 million shares was traded, which was above its three months average volume of 1.86 million shares. The Company's shares have advanced 12.09% in the past month, 29.25% over the previous three months, and 12.79% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 12.16% and 38.76%, respectively. Furthermore, shares of the Company, which provides contract drilling services to the energy industry worldwide, have a Relative Strength Index (RSI) of 59.97.
On January 23rd, 2018, research firm Barclays downgraded the Company's stock rating from 'Equal Weight' to 'Underweight'. Get the full research report on DO for free by clicking below at: www.wallstequities.com/registration/?symbol=DO
Halcon Resources
Shares in Houston, Texas headquartered Halcon Resources Corp. ended at $8.30, up 0.12% from the last trading session. The stock recorded a trading volume of 1.59 million shares. The Company's shares have gained 11.71% in the last month and 29.89% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 11.67% and 26.66%, respectively. Moreover, shares of Halcon Resources, which engages in the acquisition, production, exploration, and development of onshore oil and natural gas properties in the US, have an RSI of 60.80. HK's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=HK
Helmerich & Payne
Tulsa, Oklahoma headquartered Helmerich & Payne Inc.'s stock ended yesterday's session 0.63% higher at $71.57 with a total trading volume of 1.59 million shares. The Company's shares have advanced 17.00% in the past month and 37.63% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 16.60% and 28.91%, respectively. Additionally, shares of the company, which engages in drilling oil and gas wells for exploration and production companies, have an RSI of 78.20.
On January 10th, 2018, research firm Stephens initiated an 'Equal-Weight' rating on the Company's stock. Are you already registered with Wall St. Equities? Do so now for free, and get the report on HP at: www.wallstequities.com/registration/?symbol=HP
Petroleo Brasileiro
On Tuesday, shares in Rio de Janeiro, Brazil headquartered Petroleo Brasileiro S.A. - Petrobras recorded a trading volume of 7.99 million shares, which was above their three months average volume of 6.56 million shares. The stock finished the day 2.24% lower at $11.34. The Company's shares have advanced 21.94% in the last month, 11.94% in the previous three months, and 11.83% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 14.03% and 24.24%, respectively. Furthermore, shares of Petrobras, which operates in the oil, natural gas, and energy industries, have an RSI of 70.70. Aspiring Member, please take a moment to register below for your free research report on PBR-A at: www.wallstequities.com/registration/?symbol=PBR-A
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