NEW YORK, January 10, 2017 /PRNewswire/ --
Operators in the Oil and Gas Equipment and Services space design, manufacture, and sell systems, components, and products used
in oil and gas drilling and production. They may also provide oilfield services and supplies. These companies generally offer
higher-than-average dividend yields. Pre-market, Stock-Callers.com monitors the most recent performances of these four stocks:
Weatherford International PLC (NYSE: WFT), Halliburton Co. (NYSE: HAL), Schlumberger Ltd (NYSE: SLB), and Synergy Resources Corp.
(NYSE MKT: SYRG). Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
Weatherford
Baar, Switzerland headquartered Weatherford International PLC's stock finished Monday's
session 0.51% lower at $5.88 with a total trading volume of 24.33 million shares. Over the last
month and since the start of this year, the Company's shares have advanced 10.94% and 17.84%, respectively. The stock is trading
above its 50-day and 200-day moving averages by 17.08% and 0.38%, respectively. Moreover, shares of Weatherford International,
which together with its subsidiaries, operates as a multinational oilfield service company worldwide, have a Relative Strength
Index (RSI) of 67.02.
On December 15th, 2016, Weatherford International announced the appointment of Mr.
Christoph Bausch as Executive Vice President and Chief Financial Officer, effective December 13th, 2016. Also effective December 13th, 2016,
the Company promoted Mr. Frederico Justus to the position of President - Regional Operations.
Yesterday, research firm Barclays downgraded the Company's stock rating from 'Overweight' to 'Equal Weight' while revising its
previous target price from $8 a share to $7 a share. Sign up and read
the free research report on WFT at:
http://stock-callers.com/registration/?symbol=WFT
Halliburton
Shares in Houston, Texas-based Halliburton Co. declined 1.04%, ending yesterday's session at
$56.07. A total volume of 9.08 million shares was traded, which was above their three months
average volume of 8.31 million shares. The stock has gained 4.73% in the past month, 21.61% in the previous three months, and
3.66% on an YTD basis. The Company's shares are trading 9.39% above their 50-day moving average and 25.77% above their 200-day
moving average. Moreover, shares of Halliburton, which provides a range of services and products to the upstream oil and natural
gas industry worldwide, have an RSI of 65.52.
On December 23rd, 2016, Halliburton announced that it has reached an agreement in
principle to settle, without any admission of liability, the Erica P. John Fund class action lawsuit that has been pending in the
US District Court for the Northern District of Texas for over 14 years. Halliburton will fund
approximately $54 million of the $100 million settlement fund, and
its insurer will fund the balance.
Yesterday, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with an increase of the
target price from $58 a share to $69 a share. The complimentary
research report on HAL can be downloaded at:
http://stock-callers.com/registration/?symbol=HAL
Schlumberger
On Monday, Houston, Texas-based Schlumberger Ltd's stock saw a slight drop of 0.82%, to close
the day at $85.77. A total volume of 4.34 million shares was traded. The Company's shares have
advanced 1.68% in the last one month, 6.11% in the previous three months, and 2.17% on an YTD basis. The stock is trading 4.23%
and 9.27% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Schlumberger, which supplies
technology, integrated project management, and information solutions to the oil and gas exploration and production industry
worldwide, have an RSI of 58.89.
On November 04th, 2016, Schlumberger announced that it will hold a conference call on
January 20th, 2017 to discuss the results for Q4 and full year ending December 31st, 2016. The conference call is scheduled to begin at 7:30 am
CT. A press release regarding the results will be released prior to the call that same day. Register for free on
Stock-Callers.com and access the latest report on SLB at:
http://stock-callers.com/registration/?symbol=SLB
Synergy Resources
Shares in Denver, Colorado-based Synergy Resources Corp. ended the day 1.89% lower at
$8.81 with a total trading volume of 2.70 million shares. The stock has gained 29.94% in the
previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 2.52% and 21.99%,
respectively. Furthermore, shares of Synergy Resources, which engages in the acquisition, development, exploitation, exploration,
and production of oil and natural gas properties primarily located in the Denver-Julesburg Basin in Colorado, have an RSI of 45.50.
On November 03rd, 2016, Synergy reported that revenues in Q3 2016 were $26.2 million, down from $33.4 million in Q3 2015. The Company's Q3 2016 net loss
totaled $19.2 million or $(0.10) per diluted share compared to a net
loss of $77.9 million or $(0.74) per diluted share in Q3 2015.
On January 04th, 2017, research firm Citigroup downgraded the Company's stock rating
from 'Buy' to 'Neutral'. Get free access to your research report on SYRG at:
http://stock-callers.com/registration/?symbol=SYRG
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