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Energy Sector Equities Technical Momentum -- Research on Hercules Offshore, Vantage Drilling, Rowan and Pengrowth Energy

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LONDON, March 21, 2014 /PRNewswire/ --

The trading session on Thursday, March 20, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,331.05, up 0.67% and the NASDAQ Composite closed at 4,319.29, up 0.27%. The S&P 500 finished the session 0.60% higher at 1,872.01. The gains were broad based as nine of ten sectors posted gains. The S&P 500 Energy Sector Index finished the day 0.50% higher at 635.32, while the same has gained 0.17% in the last one month. Investor-Edge has initiated coverage on the following equities: Hercules Offshore Inc. (NASDAQ: HERO), Vantage Drilling Co. (NYSE MKT: VTG), Rowan Cos. PLC (NYSE: RDC) and Pengrowth Energy Corp. (NYSE: PGH). Free technical research on HERO, VTG, RDC and PGH can be downloaded upon signing up at:

http://www.investor-edge.com/400-register

Hercules Offshore Inc.'s shares recorded a trading volume of 2.36 million shares, as compared with a three months average volume of 3.83 million shares. The stock ended the day at $4.73, up 0.75% and recorded an intraday range of $4.64 and $4.80. Hercules Offshore Inc.'s shares have gained 5.82% in the previous three trading sessions and 3.50% in the last one month, while the shares have declined 27.47% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $4.99 and $6.49, respectively. Furthermore, the stock is trading at an Relative Strength Index of 47.21. Sign up today to read free research on HERO at:

http://www.investor-edge.com/400-HERO-.pdf

On Thursday, shares in Vantage Drilling Co. recorded a trading volume of 1.15 million shares, as compared with a three months average volume of 1.83 million shares. The stock ended the day at $1.72, down 0.58% and at an intraday range of $1.69 and $1.75. Vantage Drilling Co.'s shares have advanced 0.58% in the previous three trading sessions, while the shares have declined 0.58% in the last one month and 6.52% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages of $1.75 and $1.80, respectively. Further, the stock is trading at an RSI of 50.45. Sign up today to read free research on VTG at:

http://www.investor-edge.com/400-VTG-.pdf

Shares in Rowan Cos. PLC gained 1.11% to finish the day at $32.75. A total of 1.08 million shares were traded, which is below the three months average volume of 1.53 million. The company's shares oscillated between $32.18 and $32.96 during the session. Shares of the company traded at a PE ratio of 17.51. Rowan Cos Plc's shares have gained 4.60% in the previous three trading sessions and 1.39% in the last one month, while the shares have fallen by 7.38% on YTD basis. The stock is trading above its 50-day moving average. Rowan Cos. PLC's 200-day moving average of $34.77 is above the 50-day moving average of $32.52. Additionally, the stock is trading at an RSI of 49.34. Sign up today to read free research on RDC at:

http://www.investor-edge.com/400-RDC-.pdf

On Thursday, Pengrowth Energy Corp.'s stock edged 0.73% lower, closing the day at $6.01. The stock recorded trading volume of 1.34 million shares as compared to a three months average volume of 1.46 million shares. The stock fluctuated between $5.97 and $6.05 during the trading session. Pengrowth Energy Corp.'s shares have lost 0.50% in the previous three trading sessions, 11.36% in the last one month and 3.06% on YTD basis. The company's stock is trading below its 50-day moving average. Pengrowth Energy Corp.'s 50-day moving average of $6.42 is above the 200-day moving average of $5.98. Moreover, the stock is trading at an RSI of 37.87. Sign up today to read free research on PGH at:

http://www.investor-edge.com/400-PGH-.pdf

EDITOR'S NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

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6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
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