Subject: INO
Stock Review for Oil & Gas Investors -- Schlumberger, Superior Energy Services, TETRA Technologies, and Weatherford
NEW YORK, Feb. 6, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on SLB, SPN, TTI, and WFT which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com has initiated research coverage on Schlumberger Ltd (NYSE: SLB), Superior Energy Services Inc. (NYSE: SPN), TETRA Technologies Inc. (NYSE: TTI), and Weatherford International PLC (NYSE: WFT). These stocks belong to the Oilfield Services and Equipment industry, which comprises companies that rent drilling rigs and companies that provide the various services required to evaluate, construct, and maintain oil and gas wells. All you have to do is sign up today for this free limited time offer by clicking the link below.
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Schlumberger
On Monday, shares in Houston, Texas-based Schlumberger Ltd recorded a trading volume of 11.22 million shares, which was higher than their three months average volume of 9.10 million shares. The stock ended the day at $71.35, declining 3.18% from the last trading session. The Company's shares have advanced 12.81% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 2.77% and 5.21%, respectively. Furthermore, shares of Schlumberger, which supplies technology products and services to the oil and gas exploration and production industry worldwide, have a Relative Strength Index (RSI) of 42.54.
On January 19th, 2018, Schlumberger reported results for the three and twelve months ended December 31st, 2017. For Q4 2017, revenue was $8.2 billion, pretax operating income was $1.2 billion, and GAAP net loss was $(2.3) billion. For the full year 2017, revenue was $30.4 billion, pretax operating income was $3.9 billion, and GAAP net loss was $(1.5) billion.
On January 23rd, 2018, research firm SunTrust reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $72 a share to $80 a share. Get the full research report on SLB for free by clicking below at: www.wallstequities.com/registration/?symbol=SLB
Superior Energy Services
Houston, Texas headquartered Superior Energy Services Inc.'s stock saw a drop of 4.63%, finishing yesterday's session at $9.89. A total volume of 5.55 million shares was traded, which was above their three months average volume of 3.31 million shares. The Company's shares have gained 14.60% over the previous three months. The stock is trading below its 50-day moving average by 1.75%. 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 39.05.
On January 12th, 2018, research firm Scotia Howard Weil downgraded the Company's stock rating from 'Sector Outperform' to 'Sector Perform'.
On January 19th, 2018, Superior Energy Services announced that it will release its Q4 2017 results on February 19th, 2018, after the market closes. In conjunction with the release, the Company has scheduled a conference call on February 20th, 2018, at 9:00 a.m. ET. An audio webcast of the call will be available under the Investor Relations section of the Company's website. Get access to our top-rated research, including the free report on SPN at: www.wallstequities.com/registration/?symbol=SPN
TETRA Technologies
Shares in The Woodlands, Texas headquartered TETRA Technologies Inc. ended the session 0.52% higher at $3.83. The stock recorded a trading volume of 1.22 million shares, which was above its three months average volume of 1.14 million shares. The Company's shares have gained 30.72% over the previous three months. The stock is trading 21.74% above its 200-day moving average. Moreover, shares of TETRA Technologies, which together with its subsidiaries, operates as a diversified oil and gas services company, have an RSI of 39.05.
On January 12th, 2018, research firm Scotia Howard Weil downgraded the Company's stock rating from 'Sector Outperform' to 'Sector Perform'.
On February 02nd, 2018, TETRA Technologies announced that its 2018 Annual Meeting of Stockholders will be held on May 04th, 2018, at 11:00 a.m. CT at its Corporate Headquarters at 24955 Interstate 45 North, The Woodlands, Texas. The record date for the meeting will be March 05th, 2018. Click here to subscribe for a free membership which welcomes you with our report on TTI at: www.wallstequities.com/registration/?symbol=TTI
Weatherford International
At the closing bell on Monday, Baar, Switzerland-based Weatherford International PLC's stock plummeted 11.71%, finishing at $3.09. A total volume of 49.36 million shares was traded, which was above their three months average volume of 22.50 million shares. The Company's shares are trading 17.85% below their 50-day moving average. Additionally, shares of Weatherford have an RSI of 30.40.
On February 02nd, 2018, Weatherford International reported its Q4 2017 results. Revenue for Q4 2017 was $1.49 billion, net loss was $1.94 billion, and operating loss was $1.74 billion. Net cash provided by operating activities for Q4 2017 was $96 million, and capital expenditures were $78 million. Get access to the free report on WFT at: www.wallstequities.com/registration/?symbol=WFT
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