Oil & Gas Stocks Under Review -- SeaDrill, Petroleo Brasileiro, Ensco, and Nabors Industries

NEW YORK, January 26, 2017 /PRNewswire/ --

Stock-Callers.com revisits the Oil and Gas Drilling and Exploration space which develops and operates fields to extract crude oil and natural gas. Profitability of individual companies in this category is driven by the success rate of new wells drilled and the ability to increase production from existing wells. Equities in this morning's lineup are: SeaDrill Ltd (NYSE: SDRL), Petroleo Brasileiro S.A. - Petrobras (NYSE: PBR-A), Ensco PLC (NYSE: ESV), and Nabors Industries Ltd (NYSE: NBR). Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

SeaDrill  

On Wednesday, shares in Bermuda-based SeaDrill Ltd recorded a trading volume of 7.98 million shares. The stock ended the day at $3.03, rising 3.41% from the last trading session. The Company's shares have advanced 34.07% in the previous three months. The stock is trading above its 200-day moving average by 0.54%. Furthermore, shares of SeaDrill, which provides offshore drilling services to the oil and gas industry worldwide, have a Relative Strength Index (RSI) of 43.45.

On January 11^th, 2017, SeaDrill announced that Michael Grant and David Weinstein have been appointed as Directors of the Company with effect from January 10^th, 2017. Mr. Grant has held Senior Management positions in a number of private and listed entities, including Al Jaber Group (UAE), Cable & Wireless (US & UK), Houses of Parliament (UK) and Eurotunnel Group (UK/France). Mr. Weinstein is the Chairman of THE ONEIDA GROUP and Deputy Chairman of TORM PLC. Sign up and read the free research report on SDRL at:

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

Petroleo Brasileiro - Petrobras

Brazil headquartered Petrobras' stock saw a slight decline of 0.50%, finishing yesterday's session at $9.97 with a total trading volume of 5.70 million shares. The Company's shares have gained 17.85% in the last month and 13.17% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.88% and 30.10%, respectively. Additionally, shares of Petrobras, which operates as an integrated energy company in Brazil and internationally, have an RSI of 59.11.

On January 24^th, 2017, Petrobras announced that the volume of its proved petroleum reserves (oil, condensate and natural gas) assessed on December 31^st, 2016, per ANP/SPE (Brazilian National Agency of Petroleum, Natural Gas and Biofuels / Society of Petroleum Engineers) and SEC criteria, reached 12.514 billion barrels of oil equivalent (boe). In 2015, those volumes were 13.279 billion boe. The complimentary research report on PBR-A can be downloaded at:

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

Ensco  

Shares in the UK headquartered Ensco PLC ended Wednesday's session 2.70% higher at $11.81. The stock recorded a trading volume of 10.72 million shares, which was above its three months average volume of 10.30 million shares. The Company's shares have gained 17.75% in the last one month, 36.83% over the previous three months, and 21.50% since the start of this year. The stock is trading 17.51% above its 50-day moving average and 25.53% above its 200-day moving average. Moreover, shares of Ensco, which provides offshore contract drilling services to the oil and gas industry worldwide, have an RSI of 64.56.

On January 05^th, 2017, Ensco reported the final results of its private offers to exchange outstanding notes issued by Ensco and Pride International, Inc., a wholly owned subsidiary of Ensco. As of 11:59 p.m., New York City time, on January 04^th, 2017, approximately $650 million aggregate principal amount of outstanding notes were tendered and not validly withdrawn in the offers. The aggregate cash consideration payable in the offers does not exceed the aggregate maximum cash consideration for the offers. As a result, Ensco is accepting all outstanding notes validly tendered and not validly withdrawn.

On January 11^th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. Register for free on Stock-Callers.com and access the latest report on ESV at:

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

Nabors Industries  

At the close, Bermuda headquartered Nabors Industries Ltd's stock climbed 0.41%, finishing at $17.21. A total volume of 6.80 million shares was traded, which was higher than their three months average volume of 6.68 million shares. The Company's shares have gained 4.68% in the last month, 32.46% over the previous three months, and 4.94% on an YTD basis. The stock is trading 7.56% above its 50-day moving average and 48.54% above its 200-day moving average. Additionally, shares of Nabors Industries, which together with its subsidiaries, provides drilling and rig services, have an RSI of 54.42.

On January 18^th, 2017, research firm SunTrust initiated a 'Buy' rating on the Company's stock.

On January 20^th, 2017, Nabors Industries announced that it will release earnings for Q4 2016 after the market closes on February 22^nd, 2017. In conjunction with the release, the Company will host a conference call on February 23^rd, 2017 at 10:00 a.m. CT.  Get free access to your research report on NBR at:

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

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do 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. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@stock-callers.com

Phone number:  +44 330 808 3765

Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

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

SOURCE Chelmsford Park SA