NEW YORK, August 15, 2017 /PRNewswire/ --
If you want a Stock Review on WLL, RIG, RSPP, or SDRL then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com
presents for assessment the following Oil and Gas Drilling and Exploration operators: Whiting Petroleum Corp. (NYSE: WLL),
Transocean Ltd (NYSE: RIG), RSP Permian Inc. (NYSE: RSPP), and SeaDrill Ltd (NYSE: SDRL). The Oil and Gas Drilling industry has
faced a stiff challenge in recent years with the decline in oil prices, according to a report on Owler. Despite the discovery of
new exploration techniques, the volatile nature of oil may continue to pose a problem to the sector. Access
DailyStockTracker.com's complimentary reports for today's stocks line-up at:
http://dailystocktracker.com/register/
Whiting Petroleum
Denver, Colorado-based Whiting Petroleum Corp.'s stock finished Monday's session 4.18% lower
at $4.59 with a total trading volume of 16.91 million shares. The Company's shares are trading
15.63% below their 50-day moving average. Shares of the Company, which engages in the development, production, acquisition, and
exploration of crude oil, natural gas liquids, and natural gas primarily in the Rocky Mountains region of the US, have a Relative
Strength Index (RSI) of 35.83.
On July 26 th, 2017, Whiting Petroleum announced that production for Q2 2017 totaled
10.3 million barrels of oil equivalent (MMBOE) comprised of 83% crude oil/natural gas liquids and averaging 112,660 barrels of
oil equivalent per day (BOE/d). The Company's depreciation, depletion, and amortization rate of $21.46 per BOE during the quarter came in below the low-end of guidance for $22.25 to
$23.25 per BOE.
On July 27 th, 2017, research firm Stifel reiterated its 'Buy' rating on the
Company's stock with a decrease of the target price from $12 a share to $11.50 a share. Visit us today and access your complete report on WLL for free at:
http://dailystocktracker.com/registration/?symbol=WLL
Transocean
On Monday, shares in Vernier, Switzerland-based Transocean Ltd recorded a trading volume of
11.53 million shares. The stock ended the session 0.48% higher at $8.39. The Company's shares have
advanced 0.72% in the last one month. The stock is trading 1.18% below its 50-day moving average. Moreover, shares of Transocean,
which together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide, have an RSI
of 46.60.
On August 03 rd, 2017, Transocean reported Q2 2017 results. Revenues for the quarter
were $751 million; operating and maintenance expense was $333 million; and net loss attributable to
controlling interest was $1.690 billion. Adjusted net income for Q2 2017 was
$1 million; adjusted normalized EBITDA margin was $347 million; and cash flows from operating activities were
$319 million.
On August 09 th, 2017, research firm Goldman upgraded the Company's stock rating from
'Sell' to 'Neutral'. The complimentary research report on RIG can be accessed at:
http://dailystocktracker.com/registration/?symbol=RIG
RSP Permian
Dallas, Texas headquartered RSP Permian Inc.'s shares closed the day 2.32% lower at
$31.61. The stock recorded a trading volume of 2.14 million shares. The Company's shares are
trading 4.05% below their 50-day moving average. Additionally, shares of RSP Permian, which engages in the acquisition,
exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian
Basin of West Texas, have an RSI of 45.27.
On August 07 th, 2017, RSP Permian reported financial and operating results for the
quarter ended June 30th, 2017. Production for Q2 2017 increased 106% to 54.3 MBoe/d; net income
was $31.1 million; and adjusted EBITDAX increased to $135.5 million. Cash operating expenses
were $9.49 per Boe during the quarter, including lease operating expense of $4.72 per Boe. Register for
free on DailyStockTracker.com and download the research report on RSPP at:
http://dailystocktracker.com/registration/?symbol=RSPP
SeaDrill
Shares in Hamilton, Bermuda headquartered SeaDrill Ltd finished 4.67% higher at $0.31. The stock recorded a trading volume of 2.76 million shares. The Company's shares are trading below their
50-day moving average by 20.76%. Furthermore, shares of SeaDrill, which provides offshore drilling services to the oil and gas
industry worldwide, have an RSI of 37.75.
On July 31 st, 2017, SeaDrill announced that it has amended the revolving credit
facility provided to North Atlantic Drilling Ltd., a majority owned subsidiary, to mature on September
12 th, 2017. This interim funding arrangement has been put in place while broader restructuring negotiations
continue at both companies. Get free access to your research report on SDRL at:
http://dailystocktracker.com/registration/?symbol=SDRL
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