NEW YORK, October 27, 2016 /PRNewswire/ --

Stock-Callers.com today has uncovered reports on the following Oil and Gas Drilling and Exploration equities: Atwood Oceanics Inc. (NYSE: ATW), Rowan Cos. PLC (NYSE: RDC), Diamond Offshore Drilling Inc. (NYSE: DO), and Patterson-UTI Energy Inc. (NASDAQ: PTEN). On Wednesday, October 26, 2016, oil prices fell on doubts that OPEC would cut output. Register now and get full and free access to our downloadable research reports on these stocks at: http://stock-callers.com/registration

Atwood Oceanics  

At the close on Wednesday, shares in Houston, Texas headquartered Atwood Oceanics Inc. declined 0.24%, ending the day at $8.43. The stock recorded a trading volume of 3.83 million shares. The Company's shares have advanced 17.08% in the last one month. The stock is trading above its 50-day moving average by 2.22%. Moreover, shares of Atwood Oceanics, which engages in the drilling and completion of exploratory and developmental oil and gas wells worldwide, have a Relative Strength Index (RSI) of 45.46.

On October 24th, 2016, Atwood Oceanics announced that it will release Q4 FY16 and Year-End earnings after the market closes on November 11th, 2016. The Company will hold its conference call and webcast in conjunction with the earnings release on November 14th, 2016 at 10:00 A.M. EDT.

Yesterday, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'. Access our complete research report on ATW for free at: http://stock-callers.com/registration/?symbol=ATW

Rowan  

Shares in Houston, Texas-based Rowan Cos. PLC ended the day 2.18% higher at $14.09. A total volume of 4.38 million shares was traded, which was above their three months average volume of 3.91 million shares. In the last month, the stock has gained 5.54%. The Company's shares are trading above their 50-day moving average by 2.14%. Furthermore, shares of Rowan, which provides offshore oil and gas contract drilling services, have an RSI of 48.24.

On October 3rd, 2016, Rowan announced that it plans to report earnings for the three months ended September 30th, 2016, on November 1st, 2016, before the open of the financial markets in the US. Following the earnings report, the Company will conduct a conference call at 10:00 a.m. Central Time to discuss its operating results. On October 7th, 2016, research firm Seaport Global Securities downgraded the Company's stock rating from 'Buy' to 'Neutral'. The complimentary research report on RDC can be downloaded at: http://stock-callers.com/registration/?symbol=RDC

Diamond Offshore Drilling  

On Wednesday, shares in Houston, Texas headquartered Diamond Offshore Drilling Inc. finished 2.47% higher at $17.40 with a total trading volume of 2.73 million shares. The stock has advanced 8.68% in the last one month. The Company's shares are trading above their 50-day moving average by 0.97%. Additionally, shares of Diamond Offshore Drilling, which provides contract drilling services to the energy industry worldwide, have an RSI of 50.39.

On October 10th, 2016, Diamond Offshore Drilling announced that has been notified by its customer, BP PLC, that BP will no longer pursue a drilling campaign in the Great Australian Bight. In 2013, BP entered into a contract with Diamond Offshore Drilling for its harsh environment ultra-deepwater semi, the Ocean GreatWhite, and had intended to use the rig on the Great Australian Bight campaign. BP has confirmed that its decision will not impact Diamond Offshore's rig contract. BP and Diamond Offshore are exploring alternative locations for the Ocean GreatWhite.

On October 17th, 2016, research firm CLSA upgraded the Company's stock rating from 'Sell' to 'Underperform'. Register for free on Stock-Callers.com and get access to the latest PDF format report on DO at: http://stock-callers.com/registration/?symbol=DO

Patterson-UTI Energy  

Houston, Texas headquartered Patterson-UTI Energy Inc.'s shares recorded a trading volume of 4.91 million shares, which was above their three months average volume of 3.47 million shares. The stock closed the day flat at $23.37. The Company's shares have surged 24.18% in the last one month, 21.46% over the previous three months, and 56.13% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 10.19% and 25.95%, respectively. Additionally, shares of Patterson-UTI Energy, which through its subsidiaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the US and Canada, have an RSI of 54.60.

On October 5th, 2016, Patterson-UTI Energy reported that for September 2016, the Company had an average of 62 drilling rigs operating in the US and two rigs in Canada.  For the three months ended September 30th, 2016, the Company had an average of 60 drilling rigs operating in the US and two rigs in Canada. Download your free research report on PTEN at: http://stock-callers.com/registration/?symbol=PTEN

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA(R) charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer

        
         
        CONTACT 
        For any questions, inquiries, or comments reach out to us directly. If you're a company
         we are covering and wish to no longer feature on our coverage list contact us via
         email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: 
        Email: info@stock-callers.com 
        Phone number:  +44 330 808 3765 
        Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2
         1BP 

 

CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA