Oil & Gas Stocks Under Review -- Superior Energy Services, TechnipFMC, National Oilwell Varco, and McDermott

NEW YORK, May 31, 2017 /PRNewswire/ --

Stock-Callers.com has initiated reports coverage on four Oil and Gas Equipment and Services companies, namely: Superior Energy Services Inc. (NYSE: SPN), TechnipFMC PLC (NYSE: FTI), National Oilwell Varco Inc. (NYSE: NOV), and McDermott International Inc. (NYSE: MDR). According to an article on ETF Trends, oil prices are tumbling, and the energy sector is the worst-performing group in the S&P 500 this year, as has been widely cited. Not surprisingly, oil services stocks and exchange-traded funds - assets that are often highly correlated to oil prices - are stumbling. Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

Superior Energy Services

On Tuesday, shares in Houston, Texas headquartered Superior Energy Services Inc. recorded a trading volume of 5.43 million shares, which was higher than their three months average volume of 4.43 million shares. The stock ended the day at $10.40, declining 4.67% from the last trading session. The Company's shares are trading below their 50-day moving average by 18.22%. Furthermore, shares of Superior Energy Services, which provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the US, the Gulf of Mexico, and internationally, have a Relative Strength Index (RSI) of 35.73.

On May 24^th, 2017, Superior Energy Services announced the results of its 2017 Annual Meeting of Stockholders held on May 23^rd, 2017 in Houston. The stockholders elected Harold J. Bouillion, David D. Dunlap, James M. Funk, Terence E. Hall, Peter D. Kinnear, Janiece M. Longoria, Michael M. McShane, and W. Matt Ralls to serve as directors until the 2018 Annual Meeting of Stockholders. Sign up and read the free research report on SPN at:

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

TechnipFMC

London, the UK headquartered TechnipFMC PLC's stock saw a decline of 1.34%, finishing yesterday's session at $28.68 with a total trading volume of 2.87 million shares. The Company's are trading below their 50-day moving average by 9.84%. Shares of the Company, which provides technologies, systems, and services for oil and gas projects worldwide, have an RSI of 29.19.

On May 16^th, 2017, research firm Bernstein upgraded the Company's stock rating from 'Underperform' to 'Market Perform'.

On May 22^nd, 2017, TechnipFMC announced that it will issue its Q2 2017 earnings release after the close of the NYSE on July 26^th, 2017. The Company will also host its Q2 2017 earnings release teleconference on July 27^th, 2017, at 8:00 a.m.New York time. The event will be webcast simultaneously. The complimentary research report on FTI can be downloaded at:

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

National Oilwell Varco

Shares in Houston, Texas-based National Oilwell Varco Inc. ended the session 0.52% lower at $32.60. The stock recorded a trading volume of 2.56 million shares. The Company's shares are trading 10.34% below their 50-day moving average. Moreover, shares of National Oilwell Varco, which designs, manufactures, and sells equipment and components used in oil and gas drilling, completion, and production operations; and provides oilfield services to the upstream oil and gas industry worldwide, have an RSI of 32.68.

On May 22^nd, 2017, National Oilwell Varco (NOV) announced entering into a memorandum of understanding with Saudi Aramco to form a joint venture in Saudi Arabia. Through its state-of the art manufacturing and fabrication facilities and NOV's market-leading drilling technologies, the joint venture will manufacture high-specification land rigs, rig and drilling equipment, and offer certain aftermarket services. Register for free on Stock-Callers.com and access the latest report on NOV at:

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

McDermott

At the closing bell on Tuesday, Houston, Texas headquartered McDermott International Inc.'s stock dropped 0.97%, finishing at $6.15. A total volume of 1.58 million shares was traded. The Company's shares are trading 3.96% below their 200-day moving average. Additionally, shares of McDermott International, which provides engineering, procurement, construction and installation, front-end engineering and design, and module fabrication services for upstream field developments worldwide, have an RSI of 39.17.

On May 24^th, 2017, McDermott International announced that David Dickson, President and CEO, will speak at the KeyBanc Capital Markets Industrial, Automotive & Transportation Conference in Boston on May 31^st, 2017 at 9:00 a.m. CT. The Company will post the slides to be used prior to the presentation under the Investor Relations area of its website.

On May 25^th, 2017, research firm Scotia Howard Weil upgraded the Company's stock rating from 'Sector Perform' to 'Sector Outperform'. Get free access to your research report on MDR at:

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

--

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