01.12.2016 13:25:00
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How These Oil & Gas Stocks are Faring? -- Forum Energy Technologies, CARBO Ceramics, Oil States, and Newpark Resources
NEW YORK, December 1, 2016 /PRNewswire/ --
Oil and Gas Equipment and Services industry is a diverse and cyclical one that is focused on the exploration, production, and extraction of oil and gas. While companies in this space may not be directly exposed to commodity prices, they are still indirectly affected by them. This morning, Stock-Callers.com draws investors' attention to the following equities: Forum Energy Technologies Inc. (NYSE: FET), CARBO Ceramics Inc. (NYSE: CRR), Oil States International Inc. (NYSE: OIS), and Newpark Resources Inc. (NYSE: NR). Register now and get full and free access to our downloadable research reports on these stocks at:
http://stock-callers.com/registration
Forum Energy Technologies
Houston, Texas headquartered Forum Energy Technologies Inc.'s stock finished Wednesday's session at $21.75, jumping 13.87% from the last trading session. A total volume of 1.83 million shares was traded, which was above their three months average volume of 881,710 shares. Over the last month and the previous three months, the Company's shares have surged 20.83% and 23.79%, respectively. Additionally, the stock has gained 74.56% since the start of this year. Shares of the Company, which designs, manufactures, and distributes products to the oil and natural gas industry in the US and internationally, are trading above their 50-day and 200-day moving averages by 10.13% and 30.98%, respectively. Moreover, shares of Forum Energy Technologies have a Relative Strength Index (RSI) of 62.04.
On October 27th, 2016, Forum Energy Technologies announced Q3 2016 revenue of $138 million, a decrease 3%, from Q2 2016. Net loss for Q3 2016 was $18 million, or $0.20 per diluted share, compared to a net loss of $29 million, or $0.31 per diluted share, for Q2 2016. New inbound orders in Q3 2016 were $145 million, a 13% increase from Q2 2016, resulting in a book to bill ratio of 104%. Access our complete research report on FET for free at:
http://stock-callers.com/registration/?symbol=FET
CARBO Ceramics
Shares in Houston, Texas headquartered CARBO Ceramics Inc. ended yesterday's session 21.39% higher at $8.23. A total volume of 1.88 million shares was traded, which was higher than their three months average volume of 820,610 shares. The stock has gained 34.92% in the past month. The Company's shares are trading 8.49% below their 50-day moving average. Moreover, shares of CARBO Ceramics, which manufactures and sells ceramic proppants, resin-coated ceramic, and resin-coated sand proppants for use in the hydraulic fracturing of natural gas and oil wells in the US and internationally, have an RSI of 54.63.
On October 27th, 2016, Carbo's revenue for Q3 2016 decreased 73%, or $55.6 million, compared to Q3 2015. Operating loss for Q3 2016 was $30.5 million compared to $19.2 million in Q3 2015. The company's net loss for Q3 2016 was $20.0 million compared to net loss of $13.9 million in Q3 2015.The complimentary research report on CRR can be downloaded at:
http://stock-callers.com/registration/?symbol=CRR
Oil States
On Wednesday, Houston, Texas headquartered Oil States International Inc.'s stock surged 10.48%, to close the day at $35.85. A total volume of 900,867 shares was traded, which was above their three months average volume of 633,470 shares. The Company's shares have advanced 22.56% in the last one month, 15.57% in the previous three months, and 31.56% on an YTD basis. The stock is trading 15.37% above its 50-day moving average and 15.25% above its 200-day moving average. Additionally, shares of Oil States International, which through its subsidiaries, provides specialty products and services to oil and natural gas companies worldwide, have an RSI of 73.47.
On October 27th, 2016, Oil States reported Q3 2016 net loss of $10.8 million, or $0.22 per diluted share, compared to net income of $1.7 million, or $0.03 per diluted share, for Q3 2015. During Q3 2016, the Company generated revenues of $179.0 million and Adjusted Consolidated EBITDA of $16.2 million. Register for free on Stock-Callers.com and get access to the latest PDF format report on OIS at:
http://stock-callers.com/registration/?symbol=OIS
Newpark Resources
Shares in The Woodlands, Texas-based Newpark Resources Inc. ended the day 12.21% higher at $7.35. A total volume of 2.92 million shares was traded, which was above their three months average volume of 571,820 shares. The stock has gained 16.67% in the last one month, 4.11% in the previous three months, and 39.20% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 5.11% and 27.79%, respectively. Furthermore, shares of Newpark Resources, which provides various products and services primarily to the oil and gas exploration industry, have an RSI of 53.24.
On November 30th, 2016, Newpark announced the pricing of its offering of $87.5 million aggregate principal amount of 4.00% convertible senior notes due 2021 in private placement to qualified institutional buyers. Newpark expects closing of this offering to occur on December 05th, 2016. Download your free research report on NR at:
http://stock-callers.com/registration/?symbol=NR
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Aktien in diesem Artikel
Newpark Resources Inc. | 7,30 | -0,68% | |
Oil States International Inc. | 4,72 | -1,67% |