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Oil & Gas Stocks on Investors' Radar -- Baker Hughes, Basic Energy Services, National Oilwell Varco, and FMC Technologies

FTI, NOV

PR Newswire

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:

http://stock-callers.com/registration

Baker Hughes  

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:

http://stock-callers.com/registration/?symbol=BHI


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:

http://stock-callers.com/registration/?symbol=BAS

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:

http://stock-callers.com/registration/?symbol=NOV


FMC Technologies  

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:

http://stock-callers.com/registration/?symbol=FTI

--

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