Welcome!

News Feed Item

Energy Equipment and Services Stocks Review -- Helmerich and Payne, Vantage Drilling, Dresser-Rand, RPC Inc., and Weatherford Intl.

Editor Note: For more information about this release, please scroll to bottom

LONDON, August 22, 2014 /PRNewswire/ --


On Thursday, August 21, 2014, the NASDAQ Composite ended at 4,532.10, up 0.12%, the Dow Jones Industrial Average advanced 0.36%, to finish the day at 17,039.49, and the S&P 500 closed at 1,992.37, up 0.29%. The gains were broad based as seven out of ten sectors ended the session in positive. The S&P 500 Energy Sector Index ended the day flat at 708.67, and the index has advanced 2.87% in the previous three months. Investor-Edge has initiated coverage on the following equities: Helmerich and Payne Inc. (NYSE: HP), Vantage Drilling Company (NYSE MKT: VTG), Dresser-Rand Group Inc. (NYSE: DRC), RPC Inc. (NYSE: RES), and Weatherford International PLC (NYSE: WFT). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

Helmerich and Payne Inc.'s stock finished Thursday's session 1.00% lower at $100.04. A total of 1.21 million shares were traded, which was above its three months average volume of 0.97 million shares. The stock moved between $99.00 and $100.89 during the session. Although, Helmerich and Payne Inc.'s shares have declined 5.27% in the last three months, it has advanced 0.71% in the previous three trading sessions and 18.98% on YTD basis. The company's stock is trading above its 200-day moving average of $98.58, while the 200-day moving average is below Helmerich and Payne Inc.'s 50-day moving average of $111.20. The stock traded at a PE ratio of 16.54 and has a Relative Strength Index (RSI) of 35.83. Sign up and read the free notes on HP at:

http://www.Investor-Edge.com/HP-22Aug2014

On Thursday, shares in Vantage Drilling Co. traded between $1.81 and $1.88 before ending the session 3.70% lower at $1.82. The stock reported a trading volume of 1.51 million shares, below its three months average volume of 1.60 million shares. Shares of the company traded at a PE ratio of 8.15. Over the last three trading sessions and since the start of this year, Vantage Drilling Co.'s shares have fallen by 1.62% and 1.09%, respectively. However, the stock has surged 10.30% in the last three months. The company's stock is trading above its 200-day moving average of $1.78. Moreover, shares of Vantage Drilling Co. have an RSI of 55.05. The complimentary notes on VTG can be downloaded as in PDF format at:

http://www.Investor-Edge.com/VTG-22Aug2014

Dresser-Rand Group Inc.'s stock edged 0.28% higher, to close the day at $68.39. The stock recorded a trading volume of 0.83 million shares, below its three months average volume of 1.05 million shares. The stock oscillated between $67.37 and $68.61 during the session. Dresser-Rand Group Inc.'s shares have gained 2.83% in the last three trading sessions and 13.12% in the previous three months. Further, the stock has surged 14.69% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $63.03 is greater than its 200-day moving average of $59.53. Additionally, Dresser-Rand Group Inc. traded at a PE ratio of 28.95 and has an RSI of 66.47. Register for free on Investor-Edge and access the latest research on DRC at:

http://www.Investor-Edge.com/DRC-22Aug2014

On Thursday, shares in RPC Inc. recorded a trading volume of 1.00 million shares, higher than its three months average volume of 0.69 million shares. The stock ended the day at $22.71, which was 2.95% above its previous day's closing of $22.06, and registered an intraday range of $21.79 and $23.02. Shares of the company traded at a PE ratio of 24.53. Although RPC Inc.'s shares have lost 0.13% in the last one month, it has advanced 2.39% in the previous three months and 27.23% on YTD basis. The company's stock is trading above its 200-day moving average of $20.27. Furthermore, shares of RPC Inc. have an RSI of 43.97. The complete research on RES is available for free at:

http://www.Investor-Edge.com/RES-22Aug2014

Weatherford International PLC's stock edged 0.84% lower, to close Thursday's session at $22.47, after oscillating between $22.10 and $22.55. The stock recorded a trading volume of 3.42 million shares, much below its three months average volume of 6.42 million shares. Weatherford International PLC's shares have advanced 1.67% in the previous three trading sessions, 5.39% in the last three months and 45.06% on YTD basis. The company's stock is trading above its 200-day moving average. The stock's 50-day moving average of $22.53 is above its 200-day moving average of $18.36. Further, Weatherford International PLC's stock traded at a PE ratio of 33.54 and has an RSI of 54.34. Free in depth research on WFT is available at:

http://www.Investor-Edge.com/WFT-22Aug2014

About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

===============

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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

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, represented by Rohit Tuli, CFA. An outsourced research services provider 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

Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-Edge is 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 by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does 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.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Tricky charts and visually deceptive graphs often make a case for the impact IT performance has on business. The debate isn't around the obvious; of course, IT performance metrics like website load time influence business metrics such as conversions and revenue. Rather, this presentation will explore various data analysis concepts to understand how, and how not to, assert such correlations. In his session at 20th Cloud Expo, Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Sys...
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Unsecured IoT devices were used to launch crippling DDOS attacks in October 2016, targeting services such as Twitter, Spotify, and GitHub. Subsequent testimony to Congress about potential attacks on office buildings, schools, and hospitals raised the possibility for the IoT to harm and even kill people. What should be done? Does the government need to intervene? This panel at @ThingExpo New York brings together leading IoT and security experts to discuss this very serious topic.
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busine...
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his general session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore...
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, introduced the technologies required for implementing these idea...
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.