LONDON, March 14, 2013 /PRNewswire/ --
The shale revolution in the U.S. has been the biggest trend that has emerged in the oil and gas industry over the last year. According to some estimates, the shale boom will help U.S. overtake Saudi Arabia in oil production in the next few years, albeit temporarily. The shale boom is also creating significant opportunities for oil & gas equipment & services companies such as Halliburton Company (NYSE: HAL), Helix Energy Solutions Group Inc. (NYSE: HLX), Cal Dive International Inc. (NYSE: DVR), and Energy XXI (Bermuda) Limited (NASDAQ: EXXI). On Wednesday, oil & gas equipment & services stocks ended on a mixed note even as the broad market edged higher. StockCall has issued technical analysis and charting reports on HAL, HLX, DVR, and EXXI. Download these free reports now at
http://www.stockcall.com/todaysopinions
Shares of Halliburton Company edged lower in Wednesday's trading session, however, the losses were limited. The stock closed 0.29% lower at $41.84 on volume of 8.24 million. Halliburton's shares are currently trading close to their 52-week high of $43.96. Year-to-date, the stock has gained more than 20%, outperforming the broad market. The company's shares are currently facing stiff resistance at around $42. The stock is currently trading above its 50-day and 200-day moving averages, which is a bullish signal. The upbeat trend is further confirmed by the MACD chart. Download the free research on HAL today by registering at
http://www.StockCall.com/HAL031413.pdf
Shares of Helix Energy Solutions Group Inc. rose marginally in yesterday's trading session. The stock closed 0.51% higher at $23.62 on volume of 720,128. Helix Energy's shares have traded in a very tight range over the past few days. The stock is currently facing resistance at around $24. Recent volume activity suggests that market sentiment is currently bullish on the stock. This is confirmed by the MACD chart. The stock is also trading above its 50-day and 200-day moving averages. The company's shares have gained more than 14% this year, outperforming the S&P 500. Sign up and have access to our free report on HLX at
http://www.StockCall.com/HLX031413.pdf
Shares of Cal Dive International Inc. fell sharply in its previous trading session. The stock closed 1.74% lower at $1.69 on volume of 627,611 yesterday. Cal Dive's shares have struggled this year even as the broad market rallied. Year-to-date, the stock has now fallen more than 2.30%. The stock is currently struggling to break through $1.75 resistance level. Its shares are trading well below their 50-day and 200-day moving averages. The stock's MACD is also trading below the signal line and the zero-line, which is a strong bearish signal. Sign up and read the complimentary report on DVR at
http://www.StockCall.com/DVR031413.pdf
Shares of Energy XXI (Bermuda) Limited slipped in Wednesday's trading session, however, the losses were limited. The stock closed 0.36% lower at $30.50 on volume of 1.09 million. The company's shares have underperformed the broad market this year, falling more than 5%. The stock is struggling to break through $31 resistance level. It is currently trading well below its 50-day and 200-day moving averages, which is a bearish signal. The free report on EXXI can be downloaded by signing up now at
http://www.StockCall.com/EXXI031413.pdf
About StockCall.com
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at
http://www.stockcall.com
SOURCE StockCall.com