What's Happening With These Oil & Gas Stocks? -- CARBO Ceramics, Core Laboratories, Halliburton, and Helix Energy Solutions
NEW YORK, Feb. 21, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on CRR, CLB, HAL, and HLX which can be accessed for free by signing up to www.wallstequities.com/registration. Featured on WallStEquities.com is the Oil and Gas Equipment and Services industry, which includes companies that are engaged in cleaning, testing, repairing, erecting, and dismantling oil and gas field rigs and derricks. In this morning's lineup are: CARBO Ceramics Inc. (NYSE: CRR), Core Laboratories N.V. (NYSE: CLB), Halliburton Co. (NYSE: HAL), and Helix Energy Solutions Group Inc. (NYSE: HLX). All you have to do is sign up today for this free limited time offer by clicking the link below.
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CARBO Ceramics
On Tuesday, shares in Houston, Texas headquartered CARBO Ceramics Inc. saw a decline of 2.64%, ending the day at $7.38. The stock recorded a trading volume of 479,120 shares. The Company's shares are trading below their 200-day moving average by 9.26%. Moreover, shares of CARBO Ceramics, which provides products and services to the oil and gas and industrial markets worldwide, have a Relative Strength Index (RSI) of 34.44.
On January 25th, 2018, CARBO Ceramics reported its financial results for Q4 FY17 and FY17. For Q4 2017, revenues were $60.3 million, net cash provided by operations was $1.3 million, and operating loss was $17.3 million. For the twelve months ended December 31st, 2017, revenues were $188.8 million, and operating loss was $248.4 million.
On January 29th, 2018, research firm Evercore ISI downgraded the Company's stock rating from 'Outperform' to 'In-line'. Get the full research report on CRR for free by clicking below at: www.wallstequities.com/registration/?symbol=CRR
Core Laboratories
Shares in Amsterdam, the Netherlands-based Core Laboratories N.V. ended the day 0.23% lower at $106.19 with a total trading volume of 248,417 shares. In the previous three months, the stock has gained 6.16%. The Company's shares are trading above their 200-day moving average by 3.89%. Furthermore, shares of Core Laboratories, which provides reservoir description, and production enhancement services and products to the oil and gas industry in the US, Canada, and internationally, have an RSI of 41.67.
On January 31st, 2018, Core Laboratories (CLB) reported its Q4 2017 results. Revenue for Q4 2017 was $171.9 million, total operating expenses were $139.5 million, and net income attributable to CLB was $21.7 million. During the quarter, the Company continued to generate free cash flow (FCF), with cash from operations of $45.9 million and capital expenditures of $4.5 million, yielding $41.4 million of FCF. Today's complimentary research report on CLB is accessible at: www.wallstequities.com/registration/?symbol=CLB
Halliburton
At the close of trading on Tuesday, shares in Houston, Texas-based Halliburton Co. finished 0.72% lower at $47.16 with a total trading volume of 7.38 million shares. The stock has advanced 13.61% over the previous three months. The Company's shares are trading above their 200-day moving average by 5.24%. Additionally, shares of Halliburton, which provides a range of services and products to oil and natural gas companies worldwide, have an RSI of 39.19.
On January 29th, 2018, research firm Atlantic Equities upgraded the Company's stock rating from 'Underweight' to 'Neutral'.
On February 19th, 2018, Halliburton announced that its Board of Directors has declared a Q1 2018 dividend of $0.18 a share on the Company's common stock, payable on March 28th, 2018, to shareholders of record at the close of business on March 07th, 2018. The Company also announced that its annual meeting of shareholders will take place on May 16th, 2018 in Houston, Texas. The record date for determination of shareholders entitled to vote at the meeting is March 19th, 2018. Register now for your free research document on HAL at: www.wallstequities.com/registration/?symbol=HAL
Helix Energy Solutions Group
Houston, Texas headquartered Helix Energy Solutions Group Inc.'s shares recorded a trading volume of 2.16 million shares at the end of yesterday's session, which was above their three months average volume of 1.29 million shares. The stock closed the day 7.33% lower at $6.45. The Company's shares have advanced 1.42% in the previous three months. The stock is trading below its 200-day moving average by 2.63%. Additionally, shares of the Company, which together with its subsidiaries, provides specialty services to the offshore energy industry primarily in the Gulf of Mexico, North Sea, Asia/Pacific, and West Africa regions, have an RSI of 32.51.
On February 19th, 2018, Helix Energy Solutions reported its Q4 2017 results. Net income for Q4 2017 was $50.6 million, adjusted EBITDA was $32.4 million, and net revenues were $163.3 million. Cash and cash equivalents at December 31st, 2017 were approximately $267 million. Click on the link below and see our free report HLX at: www.wallstequities.com/registration/?symbol=HLX
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