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
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists examined how DevOps helps to meet the de...
"Loom is applying artificial intelligence and machine learning into the entire log analysis process, from start to finish and at the end you will get a human touch,” explained Sabo Taylor Diab, Vice President, Marketing at Loom Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, highlighted the current challenges of these transformative technologies and shared strategies for preparing your organization for these changes. This “view from the top” outlined the latest trends and developments i...
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists discussed...
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations might...
After more than five years of DevOps, definitions are evolving, boundaries are expanding, ‘unicorns’ are no longer rare, enterprises are on board, and pundits are moving on. Can we now look at an evolution of DevOps? Should we? Is the foundation of DevOps ‘done’, or is there still too much left to do? What is mature, and what is still missing? What does the next 5 years of DevOps look like? In this Power Panel at DevOps Summit, moderated by DevOps Summit Conference Chair Andi Mann, panelists loo...
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
@DevOpsSummit at Cloud Expo taking place Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center, Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is ...
When growing capacity and power in the data center, the architectural trade-offs between server scale-up vs. scale-out continue to be debated. Both approaches are valid: scale-out adds multiple, smaller servers running in a distributed computing model, while scale-up adds fewer, more powerful servers that are capable of running larger workloads. It’s worth noting that there are additional, unique advantages that scale-up architectures offer. One big advantage is large memory and compute capacity...
The financial services market is one of the most data-driven industries in the world, yet it’s bogged down by legacy CPU technologies that simply can’t keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Karthik Lalithraj, a Principal Solutions Architect at Kinetica, discussed how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich...
What's the role of an IT self-service portal when you get to continuous delivery and Infrastructure as Code? This general session showed how to create the continuous delivery culture and eight accelerators for leading the change. Don Demcsak is a DevOps and Cloud Native Modernization Principal for Dell EMC based out of New Jersey. He is a former, long time, Microsoft Most Valuable Professional, specializing in building and architecting Application Delivery Pipelines for hybrid legacy, and cloud ...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...