Oil & Gas Stocks Under Review -- Petroleo Brasileiro, Whiting Petroleum, Transocean, and Noble

NEW YORK, January 18, 2017 /PRNewswire/ --

This morning, Stock-Callers.com revisits the Oil and Gas Drilling and Exploration industry, which is responsible for drilling wells, exploring for and discovering new crude oil and gas fields, and bringing the products to the surface. Under assessment today are: Petroleo Brasileiro S.A. - Petrobras (NYSE: PBR), Whiting Petroleum Corp. (NYSE: WLL), Transocean Ltd (NYSE: RIG), and Noble Corp. PLC (NYSE: NE). Learn more about these stocks by downloading their free research reports in PDF format at:http://stock-callers.com/registration

Petroleo Brasileiro- Petrobras 

Rio de Janeiro, Brazil headquartered Petrobras' stock finished Tuesday's session 0.44% lower at $11.27 with a total trading volume of 13.72 million shares. Over the last month and the previous three months, the Company's shares have advanced 8.37% and 1.17%, respectively. Additionally, the stock has gained 11.47% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 7.27% and 28.27%, respectively. Moreover, shares of Petrobras, which together with its subsidiaries, engages in the exploration, exploitation, and production of oil and gas, and energy in Brazil and internationally, have a Relative Strength Index (RSI) of 61.47.

On January 17^th, 2017, Petrobras announced that it closed a US$4 billion issuance of 5- and 10-year notes in the international capital markets. The notes were issued by Petrobras' wholly-owned subsidiary Petrobras Global Finance B.V. ("PGF") and constitute general senior unsecured and unsubordinated obligations of PGF that are unconditionally and irrevocably guaranteed by Petrobras. Sign up and read the free research report on PBR at:

http://stock-callers.com/registration/?symbol=PBR

Whiting Petroleum  

Shares in Denver, Colorado-based Whiting Petroleum Corp. declined 0.57%, ending yesterday's session at $12.17 with a total trading volume of 9.41 million shares. The stock has gained 8.95% in the past month, 40.21% in the previous three months, and 1.25% on an YTD basis. The Company's shares are trading 10.09% above their 50-day moving average and 24.82% above their 200-day moving average. Moreover, shares of Whiting Petroleum, which engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the US, have an RSI of 52.91.

On December 21^st, 2016, research firm R. F. Lafferty initiated a 'Buy' rating on the Company's stock, with a target price of $23 per share.

On January 03^rd, 2017, Whiting Petroleum announced that it closed the previously announced sale of its 50% interest in its Robinson Lake natural gas processing plant and associated natural gas gathering system located in Mountrail County, North Dakota and its 50% interest in its Belfield natural gas processing plant and associated natural gas, crude oil and water gathering systems located in Stark, Billings and Dunn Counties, North Dakota. The all-cash purchase price was $375 million, subject to closing and post-closing adjustments. The complimentary research report on WLL can be downloaded at:

http://stock-callers.com/registration/?symbol=WLL

Transocean  

On Tuesday, Vernier, Switzerland-based Transocean Ltd's stock rose 0.71%, to close the day at $15.59. A total volume of 7.61 million shares was traded. The Company's shares have advanced 6.93% in the last one month, 60.72% in the previous three months, and 5.77% on an YTD basis. The stock is trading 17.23% and 40.60% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Transocean, which together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide, have an RSI of 62.20.

On December 09^th, 2016, Transocean announced the closing of the acquisition of Transocean Partners. Each outstanding public common unit of Transocean Partners was converted into the right to receive 1.20 shares of Transocean Ltd, which issued approximately 23.8 million shares related to the transaction. Register for free on Stock-Callers.com and access the latest report on RIG at:

http://stock-callers.com/registration/?symbol=RIG

Noble  

Shares in London, the UK headquartered Noble Corp. PLC ended the day 0.96% lower at $7.21 with a total trading volume of 6.83 million shares. The stock has gained 11.61% in the last one month, 22.20% in the previous three months, and 21.79% since the start of this year. The Company's shares are trading above their 50-day moving average by 17.48%. Furthermore, shares of Noble, which operates as an offshore drilling contractor for the oil and gas industry worldwide, have an RSI of 59.83.

On January 12^th, 2017, Noble announced it plans to report financial results for Q4 2016 and FY16 on February 09^th, 2017, after the close of trading on the NYSE. The Company also has scheduled a conference call and webcast related to its results on February 10^th, 2017, at 8:00 a.m. CT.

Yesterday, research firm CapitalOne upgraded the Company's stock rating from 'Equal Weight' to 'Overweight'. Get free access to your research report on NE at:

http://stock-callers.com/registration/?symbol=NE

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