Le Lézard
Classified in: Oil industry, Business
Subject: INO

How These Oil & Gas Stocks are Performing? -- Forum Energy Technologies, Keane, Helix Energy Solutions, and McDermott

NEW YORK, October 23, 2017 /PRNewswire/ --

If you want a Stock Review on FET, FRAC, HLX, or MDR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. On Friday, October 20, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Eight out of nine sectors ended Friday's trading session in bullish territories. Taking into consideration last Friday's market sentiment, DailyStockTracker.com assessed the following Oil & Gas Equipment & Services equities this morning: Forum Energy Technologies Inc. (NYSE: FET), Keane Group Inc. (NYSE: FRAC), Helix Energy Solutions Group Inc. (NYSE: HLX), and McDermott International Inc. (NYSE: MDR). Learn more about these stocks by registering for free on DailyStockTracker.com and accessing the complimentary research reports at:


Forum Energy Technologies 

On Friday, shares in Houston, Texas headquartered Forum Energy Technologies Inc. recorded a trading volume of 590,765 shares. The stock ended at $13.60, declining 0.73% from the last trading session. The stock is trading above its 50-day moving average by 3.24%. Furthermore, shares of the Company, which designs, manufactures, and distributes products to the oil and natural gas industry in the US and internationally, have a Relative Strength Index (RSI) of 43.00.

On October 10th, 2017, research firm Deutsche Bank initiated a 'Hold' rating on the Company's stock, with a target price of $17 per share. See our free and comprehensive research report on FET at:


Keane Group 

Houston, Texas-based Keane Group Inc.'s stock finished last Friday's session 0.53% lower at $15.05. A total volume of 759,679 shares was traded. The Company's shares have gained 2.31% over the previous three months. The stock is trading above its 50-day moving average by 2.67%. Furthermore, shares of Keane, which provides full-service completions that include hydraulic fracturing, wireline, coiled tubing, and nitrogen units, have an RSI of 42.04.

On October 06th, 2017, research firm Barclays initiated an 'Underweight' rating on the Company's stock, with a target price of $16 per share. FRAC free research report PDF is just a click away at:


Helix Energy Solutions Group 

At the close of trading on Friday, shares in Houston, Texas headquartered Helix Energy Solutions Group Inc. saw a drop of 1.65%, ending the day at $7.76. The stock recorded a trading volume of 1.73 million shares, which was higher than its three months average volume of 1.52 million shares. The Company's shares have advanced 31.30% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 12.70% and 13.81%, respectively. Moreover, shares of Helix Energy Solutions, which together with its subsidiaries, provides specialty services to the offshore energy industry primarily in the Gulf of Mexico, North Sea, Asia/Pacific, and West Africa regions, have an RSI of 60.13.

On September 27th, 2017, research firm Piper Jaffray downgraded the Company's stock rating from 'Overweight' to 'Neutral'. Sign up for your complimentary report on HLX at:



Houston, Texas headquartered McDermott International Inc.'s shares ended the day 1.91% higher at $6.41 with a total trading volume of 2.61 million shares, which was above their three months average of 2.57 million shares. The stock has gained 20.49% over the last twelve months. The Company's shares are trading below their 50-day moving average by 2.15%. Additionally, shares of McDermott, which provides engineering, procurement, construction and installation, front-end engineering and design, and module fabrication services for upstream field developments worldwide, have an RSI of 38.15. Register for free on DailyStockTracker.com and download the latest research report on MDR at:


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