NEW YORK, July 31, 2017 /PRNewswire/ --
If you want a Stock Review on WFT, HAL, TDW, or BAS then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. On Monday,
DailyStockTracker.com revisits the Oil and Gas Equipment and Services space, which is engaged in oil-and-gas-related services on
a contract basis, such as cleaning, testing, erecting, repairing, and dismantling oil and gas field rigs and derricks, as well as
pipeline-related services. Equities to review this morning are: Weatherford International PLC (NYSE: WFT), Halliburton Co. (NYSE:
HAL), Tidewater Inc. (NYSE: TDW), and Basic Energy Services Inc. (NYSE: BAS). Take a look at the free research reports issued
today on DailyStockTracker.com for these stocks by signing up at:
http://dailystocktracker.com/register/
Weatherford
Last Friday at the close, shares in Baar, Switzerland headquartered Weatherford International
PLC ended 2.51% lower at $4.27. The stock recorded a trading volume of 23.63 million shares. The
Company's shares have advanced 13.26% in the last one month. The stock is trading below its 50-day moving average by 1.63%.
Furthermore, shares of Weatherford International, which together with its subsidiaries, operates as a multinational oilfield
service company worldwide, have a Relative Strength Index (RSI) of 50.95.
On July 06 th, 2017, research firm Bernstein downgraded the Company's stock rating
from 'Outperform' to 'Market Perform', with a target price of $5 per share. Sign up and read the
free research report on WFT at:
http://dailystocktracker.com/registration/?symbol=WFT
Halliburton
Houston, Texas-based Halliburton Co.'s stock finished Friday's session 0.37% lower at
$42.93 with a total trading volume of 8.86 million shares. The Company's shares have advanced 2.19%
in the last one month. The stock is trading below its 50-day moving average by 2.82%. Additionally, shares of Halliburton, which
provides a range of services and products to the upstream oil and natural gas industry worldwide, have an RSI of 46.00.
On July 24 th, 2017, Halliburton announced Q2 2017 results. Income from
continuing operations was $28 million for the quarter, adjusted income from continuing operations
was $201 million, operating income was $146 million, and adjusted
operating income was $408 million. Total Company revenue for Q2 2017 was $5.0 billion, representing a 16% increase compared to Q1 2017.
On July 28 th, 2017, research firm FBR & Co. reiterated its 'Outperform' rating
on the Company's stock with a decrease of the target price from $70 a share to $61 a share. The complimentary research report on HAL can be downloaded at:
http://dailystocktracker.com/registration/?symbol=HAL
Tidewater
Shares in New Orleans, Louisiana headquartered Tidewater Inc. ended the session 6.67% higher
at $0.96. A total volume of 1.82 million shares was traded, which was above their three months
average volume of 1.28 million shares. The stock has gained 31.51% in the past month and 9.53% over the previous three months.
The Company's shares are trading above their 50-day moving average by 17.94%. Moreover, shares of Tidewater, which provides
offshore service vessels and marine support services to the offshore energy industry through the operation of a fleet of marine
service vessels worldwide, have an RSI of 63.22.
On July 27 th, 2017, Tidewater announced that the Company received approval to list
its new common stock, with the new CUSIP number 88642R 109, on the NYSE, under the same ticker symbol "TDW" as the shares of its
existing common stock. In addition, the NYSE approved the listing of the Company's Series A Warrants and Series B Warrants, with
the CUSIP numbers 88642R 117 and 88642R 125, respectively, subject to compliance with applicable NYSE listing
standards. Register for free on DailyStockTracker.com and access the latest report on TDW at:
http://dailystocktracker.com/registration/?symbol=TDW
Basic Energy Services
Fort Worth, Texas headquartered Basic Energy Services Inc.'s shares recorded a trading volume
of 1.18 million shares, which was above their three months average volume of 528,930 shares. The stock closed 16.92% lower at
$23.82. The Company's shares have gained 0.80% in the past month. The stock is trading 8.86% below
its 50-day moving average. Additionally, shares of Basic Energy Services, which provides well site services to oil and natural
gas drilling and producing companies in the US, have an RSI of 40.82.
On July 21 st, 2017, research firm Credit Suisse initiated a 'Neutral' rating on the
Company's stock, with a target price of $30 per share.
On July 27 th, 2017, Basic Energy Services announced its financial and operating
results for Q2 ended June 30th, 2017 and the first six months of 2017. For Q2 2017, revenue was $213.3 million, net loss was $23.9 million, and adjusted EBITDA was $12.0 million. For the first half
of the year, revenues were $395.3 million, net loss was $62.6 million, and adjusted EBITDA was $10.8 million. Get
free access to your research report on BAS at:
http://dailystocktracker.com/registration/?symbol=BAS
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