Technical Roundup on Oil & Gas Stocks -- Bristow, Basic Energy Services, Archrock, and Oil States International
NEW YORK, April 25, 2017 /PRNewswire/ --
Companies in the Oil and Gas Equipment and Services industry provide all the tools and services necessary to explore and drill for new oil and gas supplies, while making a clean profit in the process. Pre-market, Stock-Callers.com presents for review Bristow Group Inc. (NYSE: BRS), Basic Energy Services Inc. (NYSE: BAS), Archrock Inc. (NYSE: AROC), and Oil States International Inc. (NYSE: OIS). Sign up today and download for free the research reports for the stocks covered today at:
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Bristow Group
Houston, Texas headquartered Bristow Group Inc.'s stock finished Monday's session 2.32% higher at $14.11 with a total trading volume of 287,100 shares. The Company's shares have advanced 3.22% in the past month. The stock is trading 2.79% below its 200-day moving average. Additionally, shares of Bristow Group, which provides industrial aviation services to the offshore energy industry in Africa, the Americas, Asia/Pacific, and Europe Caspian, have a Relative Strength Index (RSI) of 44.93. BRS complete research report is just a click away at:
http://stock-callers.com/registration/?symbol=BRS
Basic Energy Services
On Monday, shares in Fort Worth, Texas headquartered Basic Energy Services Inc. recorded a trading volume of 804,359 shares, which was above their three months average volume of 624,510 shares. The stock ended the session 3.78% lower at $29.50. The Company's shares are trading 16.66% below their 50-day moving average. Moreover, shares of Basic Energy Services, which provides well site services to oil and natural gas drilling and producing companies in the US, have an RSI of 33.90.
On March 30th, 2017, research firm Seaport Global Securities upgraded the Company's stock rating from 'Neutral' to 'Buy', with a target price of $39 per share.
On April 20th, 2017, Basic Energy Services announced its financial and operating results for Q1 ended March 31st, 2017. Revenue was $182.0 million, net loss was $38.6 million, adjusted EBITDA was ($1.2) million, general and administrative expense was $34.2 million, and total capital expenditures were approximately $48.3 million. The complimentary report on BAS can be downloaded at:
http://stock-callers.com/registration/?symbol=BAS
Archrock
Houston, Texas headquartered Archrock Inc.'s shares closed the day 1.26% higher at $12.10. The stock recorded a trading volume of 786,158 shares, which was above its three months average volume of 640,600 shares. The Company's shares are trading 2.92% below their 200-day moving averages. Additionally, shares of Archrock, which provides natural gas contract compression services to customers in the oil and natural gas industry in the US, have an RSI of 42.46.
On March 30th, 2017, Archrock Partners, L.P., owned by Archrock, announced that it has closed a new five-year $1.1 billion asset-based revolving credit facility ("New Credit Facility"). The New Credit Facility will mature on March 30th, 2022, except that if as of December 02nd, 2020, any portion of the partnership's existing Senior Notes due April 2021 is outstanding on such date, then the New Credit Facility shall instead mature on December 02nd, 2020. Sign up for your complimentary report on AROC at:
http://stock-callers.com/registration/?symbol=AROC
Oil States International
Shares in Houston, Texas headquartered Oil States International Inc. finished 2.09% higher at $31.75. The stock recorded a trading volume of 640,331 shares, which was above its three months average volume of 545,230 shares. The Company's shares are trading below their 200-day moving average by 5.78%. Furthermore, shares of Oil States International, which through its subsidiaries, provides specialty products and services to oil and natural gas related companies worldwide, have an RSI of 44.40.
On April 17th, 2017, Oil States International announced that it has scheduled its Q1 2017 earnings conference call for Thursday, April 27th, 2017, at 11:00 a.m. ET. During the call, the Company will discuss the results for the quarter ended March 31st, 2017, which are expected to be released on April 26th, 2017 after markets close. The call is being webcast and can be accessed on the Company's website. Download the research report for free on OIS at:
http://stock-callers.com/registration/?symbol=OIS
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