NEW YORK, February 17, 2017 /PRNewswire/ --
This morning's research on Stock-Callers.com focuses attention to Weatherford International PLC (NYSE: WFT), Halliburton Co.
(NYSE: HAL), Schlumberger Ltd (NYSE: SLB), and Synergy Resources Corp. (NYSE MKT: SYRG). These stocks belong to the Oil and Gas
Equipment and Services space which provides exploration and production companies with all the tools and services they need to
extract oil and gas from the ground. These include drill bits, deepwater rigs, seismic surveys, and sand proppant. Register now
and get full and free access to our downloadable research reports on these stocks at:
http://stock-callers.com/registration
Weatherford
Baar, Switzerland headquartered Weatherford International PLC's stock finished Thursday's
session 3.09% lower at $5.96 with a total trading volume of 14.71 million shares. The Company's
shares have advanced 11.82% in the past month, 15.95% over the previous three months, and 19.44% on an YTD basis. The stock is
trading 8.87% above its 50-day moving average and 6.76% above its 200-day moving average. Additionally, shares of Weatherford
International, which together with its subsidiaries, operates as a multinational oilfield service company worldwide, have a
Relative Strength Index (RSI) of 57.12.
On February 01st, 2017, Weatherford International and Nabors Industries Ltd (NBR)
announced that they have signed a non-binding Memorandum of Understanding (MOU) to form an alliance focused on delivering
enhanced drilling solutions to the oil and gas land market in the lower 48 states of the US. The MOU states that Weatherford will
bring well construction expertise, managed pressure drilling solutions, directional drilling capabilities and drilling hardware,
as well as associated software applications and engineering personnel.
On February 03rd, 2017, research firm Loop Capital upgraded the Company's stock
rating from 'Hold' to 'Buy'. Access our complete research report on WFT for free at:
http://stock-callers.com/registration/?symbol=WFT
Halliburton
On Thursday, shares in Houston, Texas-based Halliburton Co. recorded a trading volume of
10.91 million shares, which was above their three months average volume of 8.14 million shares. The stock ended the session 2.62%
lower at $54.31. The Company's shares have advanced 9.51% in the previous three months and 0.41%
since the start of this year. The stock is trading 15.38% above its 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 41.80.
On January 18th, 2017, research firm SunTrust initiated a 'Buy' rating on the
Company's stock.
On February 14th, 2017, Halliburton announced that it will redeem the entire
outstanding principal amount of its 5.90% Senior Notes due September 2018 and 6.15% Senior Notes
due September 2019. The redemption date for the Notes is March
15th, 2017, while the aggregate principal amount of the Notes outstanding is $1.4
billion. The complimentary research report on HAL can be downloaded at:
http://stock-callers.com/registration/?symbol=HAL
Schlumberger
Shares in Houston, Texas-based Schlumberger Ltd closed the day 0.76% lower at $81.13. The stock recorded a trading volume of 5.10 million shares. The Company's shares have gained 1.17% in
the previous three months. The stock is trading 2.38% above its 200-day moving average. Additionally, shares of Schlumberger,
which supplies technology products and services to the oil and gas exploration and production industry worldwide, have an RSI of
38.71.
On January 18th, 2017, research firm SunTrust initiated a 'Hold' rating on the
Company's stock.
On January 20th, 2017, Schlumberger reported full-year 2016 revenue of $27.8 billion down 22% y-o-y, despite three quarters of activity from the Cameron Group that contributed
$4.2 billion in revenue. Excluding Cameron, consolidated revenue declined 34%. The Company's
full-year 2016 pretax operating income was $3.3 billion, including the $653
million contribution from the Cameron Group, which was a decrease of 50% y-o-y. Schlumberger's consolidated margin fell
658 basis points (bps) to 11.8%. Register for free on Stock-Callers.com and get access to the latest PDF format report on SLB
at:
http://stock-callers.com/registration/?symbol=SLB
Synergy Resources
At the close of trading on Thursday, shares in Denver, Colorado-based Synergy Resources Corp.
finished 0.82% lower at $8.48. The stock recorded a trading volume of 2.89 million shares. The
Company's shares have advanced 1.31% in the previous three months. The stock is trading above its 200-day moving average by
15.00%. 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 41.26.
On February 07th, 2017, Synergy Resources reported that production sales volumes for
three and twelve months ended December 31st, 2016 were 13,269 BOE/day and 11,670
BOE/day, respectively. The Company's drilling and completion capital expenditures for three and twelve months ended December 31st, 2016 were $47.7 million and $130.9 million, respectively. Synergy Resources' proved reserves at year-end 2016 increased 41% over the
December year-end 2015. Download your free research report on SYRG at:
http://stock-callers.com/registration/?symbol=SYRG
--
Stock Callers:
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 info@stock-callers.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.
NO WARRANTY
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
http://stock-callers.com/legal-disclaimer/
CONTACT
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:
Email: info@stock-callers.com
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