NEW YORK, December 6, 2016 /PRNewswire/ --
On Monday, major US indices were bullish as the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 ended the trading session higher. The US markets at large saw broad based gains with all the sectors trading green at the close of the day. In light of the recent positive sentiment, Stock-Callers.com is reviewing these four Oil & Gas stocks: Baker Hughes Inc. (NYSE: BHI), Basic Energy Services Inc. (NYSE: BAS), National Oilwell Varco Inc. (NYSE: NOV), and FMC Technologies Inc. (NYSE: FTI). Learn more about these stocks by accessing their free research reports at:
On Monday, shares in Houston, Texas headquartered Baker Hughes Inc. recorded a trading volume of 4.77 million shares, which was higher than their three months average volume of 4.29 million shares. The stock ended the day 1.55% higher at $66.31. Baker Hughes' stock has gained 20.11% in the last one month, 33.14% in the previous three months, and 27.84% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 19.03% and 37.21%, respectively. Furthermore, shares of Baker Hughes, which supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide, have a Relative Strength Index (RSI) of 74.85.
On December 2nd, 2016, research firm Bernstein initiated a 'Market Perform' rating on the Company's stock. Free research report on BHI is available at:
Basic Energy Services
On Monday, shares in Fort Worth, Texas headquartered Basic Energy Services Inc. ended the session 2.90% higher at $0.49 with a total volume of 1.45 million shares traded. Basic Energy Services' shares have gained 23.48% in the last one month and 20.46% in the previous three months. The stock is trading 8.33% below its 50-day moving average and 66.25% below its 200-day moving average. Moreover, shares of the Company, which provides well site services to oil and natural gas drilling and producing companies in the US, have an RSI of 50.23.
On November 10th, 2016, research firm Deutsche Bank downgraded the Company's stock rating from 'Buy' to 'Hold', issuing a target price of $2 per share. The complimentary research report on BAS can be downloaded at:
National Oilwell Varco
Houston, Texas headquartered National Oilwell Varco Inc.'s stock finished Monday's session 2.40% higher at $38.80 with a total volume of 4.36 million shares traded. Over the last one month and the previous three months, National Oilwell Varco's shares have gained 20.04% and 13.52%, respectively. Furthermore, the stock has advanced 8.08% in the past one year. Shares of the Company, which designs, manufactures, and sells equipment and components used in oil and gas drilling, completion, and production operations; and provides oilfield services to the upstream oil and gas industry worldwide, are trading above its 50-day and 200-day moving averages by 10.05% and 17.37%, respectively. National Oilwell Varco's stock has an RSI of 67.08.
On December 1st, 2016, research firm Seaport Global Securities downgraded the Company's stock rating from 'Neutral' to 'Sell', issuing a target price of $34 per share. Visit us today and access our complete research report on NOV at:
Houston, Texas headquartered FMC Technologies Inc.'s stock advanced 1.99%, to close the day at $36.31. The stock recorded a trading volume of 3.52 million shares. FMC Technologies' shares have gained 11.24% in the last one month, 27.67% in the previous three months, and 11.24% in the past one year. Shares of the Company, which together with its subsidiaries, designs, manufactures, and services technological systems and products for customers in the energy industry worldwide, are trading 12.34% and 27.47% above its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 69.69 and has an RSI of 66.18. Get free access to your research report on FTI at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA