, April 21, 2017
Oil and Gas Drilling and Exploration companies search for potential underground or underwater crude oil or natural gas fields, and drill and operate wells that bring the crude oil or natural gas to the surface. Pre-market stock-Callers.com recalls the performances of these four stocks: Petroleo Brasileiro S.A. - Petrobras (NYSE: PBR), Rowan Cos. PLC (NYSE: RDC), Bill Barrett Corp. (NYSE: BBG), and Rex Energy Corp. (NASDAQ: REXX). Learn more about these stocks by downloading their free research reports in PDF format at: stock-callers.com/registration
On Thursday, shares in Rio de Janeiro, Brazil headquartered Petroleo Brasileiro S.A. - Petrobras recorded a trading volume of 24.79 million shares, which was higher than their three months average volume of 20.50 million shares. The stock ended the day at $9.00, rising 1.01% from the last trading session. The Company's shares have advanced 2.16% in the past month. The stock is trading below its 50-day moving average by 8.28%. Furthermore, shares of Petrobras, which together with its subsidiaries, engages in the exploration, exploitation, and production of oil and gas, and energy in Brazil and internationally, have a Relative Strength Index (RSI) of 37.59.
On March 22nd, 2017, research firm Credit Suisse upgraded the Company's stock rating from 'Neutral' to 'Outperform'. Sign up and read the free research report on PBR at: stock-callers.com/registration/?symbol=PBR
Houston, Texas-based Rowan Cos. PLC's stock climbed 0.14%, finishing yesterday's session at $14.26. A total volume of 3.35 million shares was traded, which was above their three months average volume of 3.01 million shares. The Company's shares are trading below their 200-day moving average by 11.32%. Additionally, shares of Rowan, which provides offshore oil and gas contract drilling services, have an RSI of 36.36.
On April 19th, 2017, Rowan announced that its report of drilling rig status and contract information has been updated as of April 19th, 2017. The report titled "Fleet Status Report" can be found on the Company's website. Rowan intends to provide quarterly updates to this report in advance of earnings. The complimentary research report on RDC can be downloaded at: stock-callers.com/registration/?symbol=RDC
Shares in Denver, Colorado headquartered Bill Barrett Corp. ended the session 0.26% lower at $3.85 with a total trading volume of 1.09 million shares. The stock is trading 20.97% below its 50-day moving average. Shares of the Company, which acquires, explores for, and develops oil and natural gas resources in the US, have an RSI of 32.16.
On April 13th, 2017, research firm Stifel initiated a 'Buy' rating on the Company's stock, with a target price of $8 per share.
On April 18th, 2017, Bill Barrett announced that it plans to issue its Q1 2017 financial and operating results press release after the market close on Tuesday, May 02nd, 2017. The Company will host a conference call on Wednesday, May 03rd, 2017, to discuss the results. The call is scheduled at 10:00 a.m. ET. Register for free on Stock-Callers.com and access the latest report on BBG at: stock-callers.com/registration/?symbol=BBG
At the closing bell on Thursday, State College, Pennsylvania headquartered Rex Energy Corp.'s stock dropped 5.05%, finishing at $0.33 with a total trading volume of 932,708 shares. The Company's shares are trading 37.07% below their 50-day moving average. Shares of the Company, which operates as an independent condensate, natural gas liquid, and natural gas company in the Appalachian basin in the US, have an RSI of 18.71. Get free access to your research report on REXX at: stock-callers.com/registration/?symbol=REXX
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