Technical Research on Oil & Gas Equities -- National Oilwell Varco, Schlumberger, Superior Energy Services, and Weatherford

NEW YORK, Nov. 16, 2017 /PRNewswire/ -- If you want a Stock Review on NOV, SLB, SPN, or WFT then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today's research on DailyStockTracker.com is centered on the Oil and Gas Equipment and Services space, which includes companies that are engaged in cleaning, testing, repairing, erecting, and dismantling oil and gas field rigs and derricks. Equities to be assessed this morning are: National Oilwell Varco Inc. (NYSE: NOV), Schlumberger Ltd (NYSE: SLB), Superior Energy Services Inc. (NYSE: SPN), and Weatherford International PLC (NYSE: WFT). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:

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National Oilwell Varco

On Wednesday, shares in Houston, Texas-based National Oilwell Varco Inc. recorded a trading volume of 2.89 million shares. The stock ended the day at $31.94, declining 1.02% from the last trading session. The Company's shares have advanced 6.15% in the previous three months. The stock is trading below its 50-day moving average by 7.11%. Furthermore, shares of the Company, which designs, manufactures, and sells equipment and components used in oil and gas drilling, completion, and production operations; and provides oilfield services to the upstream oil and gas industry worldwide, have a Relative Strength Index (RSI) of 33.61.

On October 26^th, 2017, National Oilwell Varco reported its Q3 2017 results. Net loss for Q3 2017 was $26 million, revenues were $1.84 billion, and operating loss was $7 million. Adjusted EBITDA for the quarter was $167 million and cash flow from operations was $232 million. As of September 30^th, 2017, the Company had $1.72 billion in cash and cash equivalents and total debt of $3.21 billion. 

On November 06^th, 2017, research firm R. F. Lafferty reiterated its 'Hold' rating on the Company's stock with a decrease of the target price from $33 a share to $31 a share. Sign up and read the free research report on NOV at:

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Schlumberger

Houston, Texas-based Schlumberger Ltd's stock saw a correction of 1.96%, finishing yesterday's session at $61.55. A total volume of 11.20 million shares was traded, which was above their three months average volume of 7.23 million shares. The Company's shares are trading below their 50-day moving average by 7.37%. Additionally, shares of Schlumberger, which supplies technology products and services to the oil and gas exploration and production industry worldwide, have an RSI of 33.91.

On October 16^th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $86 a share to $70 a share.

On October 18^th, 2017, Schlumberger's Board of Directors approved a quarterly cash dividend of $0.50 per share of outstanding common stock, payable on January 12^th, 2018, to stockholders of record on December 06^th, 2017. The complimentary research report on SLB can be downloaded at:

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Superior Energy Services

At the closing bell on Wednesday, Houston, Texas headquartered Superior Energy Services Inc.'s stock rose 0.12%, finishing at $8.32. A total volume of 4.71 million shares was traded, which was above their three months average volume of 3.71 million shares. The Company's shares have gained 1.46% over the previous three months. The stock is trading 13.62% below its 50-day moving average. Additionally, shares of the Company, which provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the US, the Gulf of Mexico, and internationally, have an RSI of 37.92. 

On October 23^rd, 2017, Superior Energy Services announced its Q3 2017 results. Net loss from continuing operations for Q3 2017 was $57.2 million on revenue of $506.0 million. The Company also recorded a pre-tax charge of $9.9 million for reduction in value of assets during the quarter. Subsequent to the end of Q3, the Company extended its revolving credit facility maturity to 2022 with a $300 million asset based, revolving credit facility on October 20^th, 2017. Register for free on DailyStockTracker.com and access the latest report on SPN at:

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Weatherford International

Shares in Baar, Switzerland headquartered Weatherford International PLC ended the session 4.13% lower at $3.48. The stock recorded a trading volume of 27.67 million shares, which was above its three months average volume of 19.00 million shares. The Company's shares are trading 13.07% below their 50-day moving average. Moreover, shares of Weatherford have an RSI of 38.73.  

On November 06^th, 2017, Weatherford announced that the Company and its partners presented a check for $345,000 to three Houston-area, non-profit organizations at the annual Weatherford Walks charity event on November 04^th, 2017, at Sam Houston Race Park. The donation will be split equally among the Houston Area Women's Center, Camp Hope, and Small Steps Nurturing Center. Since its inception, Weatherford Walks has raised more than $1.2 million for the Houston community. Get free access to your research report on WFT at:

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