Seadrill and Three Additional Stocks Under Scanner in the Oil & Gas Drilling & Exploration Space
Stock Research Monitor: NBR, PBR-A, and RDC
LONDON, UK / ACCESSWIRE / July 2, 2018 / If you want a free Stock Review on SDRL sign up now at www.wallstequities.com/registration. Today, WallStEquities.com covers four Oil and Gas Drilling and Exploration stocks, namely: Nabors Industries Ltd (NYSE: NBR), Petroleo Brasileiro S.A. – Petrobras (NYSE: PBR-A), Rowan Cos. PLC (NYSE: RDC), and Seadrill Ltd (NYSE: SDRL). The oil and gas drilling industry consists of companies that are engaged in oil and gas drilling services on a contract basis. All you have to do is sign up today for this free limited time offer by clicking the link below.
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Nabors Industries
Last Friday, Hamilton, Bermuda headquartered Nabors Industries Ltd's stock climbed slightly by 0.16%, to close the day at $6.41. A total volume of 11.52 million shares was traded. The Company's shares are trading 9.12% below their 200-day moving average. Additionally, shares of Nabors Industries, which provides drilling and drilling-related services and technologies for land-based and offshore oil and natural gas wells, have a Relative Strength Index (RSI) of 39.90.
On June 29th, 2018, research firm Wells Fargo upgraded the Company's stock rating from ‘Market Perform' to ‘Outperform'. Get the full research report on NBR for free by clicking below at:
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Petroleo Brasileiro
Shares in Rio de Janeiro, Brazil headquartered Petroleo Brasileiro S.A. – Petrobras rose 2.91%, finishing Friday's session at $8.84. The stock recorded a trading volume of 7.46 million shares. The Company's shares have gained 20.36% over the past year. The stock is trading below its 200-day moving average by 19.99%. Furthermore, shares of Petrobras, which operates in the oil, natural gas, and energy industries, have an RSI of 45.99. Get access to our top-rated research, including the free report on PBR-A at:
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Rowan Cos.
Houston, Texas-based Rowan PLC's stock finished 1.63% higher at $16.22 last Friday at the close. A total volume of 1.97 million shares was traded. The Company's shares have advanced 3.97% in the past month, 43.79% in the previous three months, and 53.02% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.51% and 14.97%, respectively. Additionally, shares of Rowan Cos., which provides offshore oil and gas contract drilling services to the oil and gas industry have an RSI of 59.90.
On June 07th, 2018, Rowan Cos. announced that the Rowan Relentless, one of its R-Class drillships, has been awarded a contract by ExxonMobil to drill a prospect in the US Gulf of Mexico. The contract is expected to commence in September 2018 and last for 80 days, followed by four, one-well priced options. Click here to subscribe for a free membership which welcomes you with our report on RDC at:
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Seadrill
Hamilton, Bermuda headquartered Seadrill Ltd's shares ended the session 30.40% lower at $0.22. The stock recorded a trading volume of 51.08 million shares, which was above its three months average volume of 8.54 million shares. Shares of the Company are trading 29.23% below their 200-day moving average. Moreover, shares of Seadrill, which provides offshore drilling services to the oil and gas industry worldwide, have an RSI of 30.83.
On June 07th, 2018, Seadrill announced that it anticipates emerging from the chapter 11 process in the first half of July 2018. As previously announced, on April 17th, 2018, the court overseeing the Company's chapter 11 cases entered an order confirming its plan of reorganization. Join our big investor community at Wall St. Equities today and get your free report on SDRL at:
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