National Oilwell Varco Under Scanner together with Three Stocks in the Oil & Gas Space
Stock Research Monitor: BAS, MRC, and NR
LONDON, UK / ACCESSWIRE / May 11, 2018 If you want a free Stock Review on NOV sign up now at www.wallstequities.com/registration. On Thursday, May 10, 2018, the NASDAQ Composite ended the trading session at 7,404.97, up 0.89%; the Dow Jones Industrial Average edged 0.80% higher, to finish at 24,739.53; and the S&P 500 closed at 2,723.07, slightly advancing 0.94%. Gains were broad based as eight out of nine sectors ended the day in positive. This Friday, WallStEquities.com has initiated reports coverage on the following Oil & Gas Equipment & Services equities: Basic Energy Services Inc. (NYSE: BAS), MRC Global Inc. (NYSE: MRC), National Oilwell Varco Inc. (NYSE: NOV), and Newpark Resources Inc. (NYSE: NR). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Basic Energy Services
Fort Worth, Texas headquartered Basic Energy Services Inc.'s stock finished Thursday's session 0.07% lower at $14.92 with a total trading volume of 471,428 shares. The stock is trading below its 50-day moving average by 3.87%. Additionally, shares of the Company, which provides well site services to oil and natural gas drilling and producing companies in the US, have a Relative Strength Index (RSI) of 46.07.
On May 07th, 2018, research firm Piper Jaffray upgraded the Company's stock rating from ‘Neutral' to ‘Overweight'. Get the full research report on BAS for free by clicking below at:
www.wallstequities.com/registration/?symbol=BAS
MRC Global
On Thursday, shares in Houston, Texas headquartered MRC Global Inc. recorded a trading volume of 624,520 shares. The stock ended the session 0.25% lower at $19.97. The Company's shares have advanced 10.88% in the last month and 25.52% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 11.31% and 17.10%, respectively. Moreover, shares of MRC Global, which through its subsidiaries, distributes pipes, valves, fittings, and related products and services to the energy industry in the US, Canada, and internationally, have an RSI of 68.87. Get access to our top-rated research, including the free report on MRC at:
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National Oilwell Varco
Houston, Texas-based National Oilwell Varco Inc.'s shares closed the day 0.59% higher at $40.61. The stock recorded a trading volume of 2.81 million shares. The Company's shares have gained 24.42% over the previous three months and 19.16% over the last twelve months. The stock is trading above its 50-day and 200-day moving average by 7.94% and 16.08%, respectively. Additionally, shares of the Company, which designs, manufactures, and sells systems and components used in oil and gas drilling and production; and provides oilfield services to the upstream oil and gas industry worldwide, have an RSI of 65.60.
On April 19th, 2018, research firm Societe Generale downgraded the Company's stock rating from 'Buy' to 'Hold'. Click here to subscribe for a free membership which welcomes you with our report on NOV at:
www.wallstequities.com/registration/?symbol=NOV
Newpark Resources
Shares in The Woodlands, Texas-based Newpark Resources Inc. finished 0.94% lower at $10.55. The stock recorded a trading volume of 258,680 shares. The Company's shares have advanced 17.22% in the last month, 31.88% in the previous three months, and 34.39% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 15.20% and 18.64%, respectively. Furthermore, shares of Newpark Resources, which provides products, rentals, and services primarily to the oil and gas exploration and production industry, have an RSI of 64.31. Join our big investor community at Wall St. Equities today and get your free report on NR at:
www.wallstequities.com/registration/?symbol=NR
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