Research Reports Initiation on Oil & Gas Stocks -- Core Laboratories, Parker Drilling, Dril-Quip, and Tesoro Logistics

NEW YORK, December 7, 2016 /PRNewswire/ --

Stock-Callers.com explores the Oil and Gas Equipment and Services segment, which is engaged in cleaning, testing, repairing, erecting, and dismantling oil and gas field rigs and derricks. In some cases, companies in this category are also involved in discovery-related tasks such as geological surveying and mapping. Let us now review today's lineup to see how current oil prices have influenced their most recent performances: Core Laboratories N.V. (NYSE: CLB), Parker Drilling Co. (NYSE: PKD), Dril-Quip Inc. (NYSE: DRQ), and Tesoro Logistics L.P. (NYSE: TLLP). Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

Core Laboratories  

Amsterdam, the Netherlands-based Core Laboratories N.V.'s stock finished Tuesday's session 0.72% higher at $116.83 with a total trading volume of 361,272 shares. The Company's shares have advanced 20.02% in the past month, 6.06% over the previous three months, and 9.56% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.11% and 2.66%, respectively. Furthermore, shares of Core Laboratories, which provides reservoir description, production enhancement, and reservoir management services to the oil and gas industry in the US, Canada, and internationally, have a Relative Strength Index (RSI) of 66.07. The free research report on CLB is available at:

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

Parker Drilling  

Shares in Houston, Texas headquartered Parker Drilling Co. ended at $2.45, up 2.08% from the last trading session. The stock recorded a trading volume of 809,526 shares, which was above its three months average volume of 538,980 shares. The Company's shares have gained 32.43% in the last one month, 7.46% in the previous three months, and 34.62% since the start of this year. The stock is trading 14.74% above its 50-day moving average and 10.39% above its 200-day moving average. Moreover, shares of Parker Drilling, which together with its subsidiaries, provides contract drilling and drilling-related services, and rental tools to the energy industry in the US, Latin America, Europe, the Middle-East, Africa, Asia, Russia, the Commonwealth of Independent States, and internationally, have an RSI of 68.90.

On October 27^th, 2016, Parker Drilling reported that its revenues for Q3 2016 decreased 7.7% to $97.2 million, compared to Q2 2016 revenue of $105.3 million. The Company's operating gross margin excluding depreciation and amortization expense (gross margin) decreased 22.4% to $12.5 million in Q3 2016 from $16.1 million in Q2 2016. Parker Drilling reported Q3 2016 net loss of $46.2 million, or a $0.37 loss per share, compared to net loss of $39.8 million, or a $0.32 loss per share, for Q2 2016. The complimentary report on PKD can be downloaded at:

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

Dril-Quip  

Houston, Texas headquartered Dril-Quip Inc.'s stock ended yesterday's session 0.50% higher at $60.40. A total volume of 569,062 shares was traded, which was higher than their three months average volume of 474,170 shares. The Company's shares have advanced 26.76% in the past month, 9.46% in the previous three months, and 1.98% on an YTD basis. The stock is trading 13.42% and 6.06% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Dril-Quip, which together with its subsidiaries, designs, manufactures, sells, and services offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide, have an RSI of 74.71.

On November 11^th, 2016, Dril-Quip announced that it has completed its previously announced acquisition of TIW Corporation. TIW, based in Houston, Texas, is a global provider of liner hanger systems and related equipment and services. Visit us today and download our complete research report on DRQ for free at:

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

Tesoro Logistics  

At the close on Tuesday, shares in San Antonio, Texas-based Tesoro Logistics L.P. recorded a trading volume of 413,172 shares. The stock finished 1.85% lower at $47.73. The Company's shares have gained 7.33% in the last one month, 0.82% over the previous three months, and 1.80% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.34% and 5.51%, respectively. Furthermore, shares of Tesoro Logistics, which owns, operates, develops, and acquires logistics assets related to crude oil and refined products in the US, have an RSI of 57.44.

On November 29^th, 2016, Tesoro Logistics announced that it, together with its wholly-owned subsidiary, Tesoro Logistics Finance Corp., has finalized the terms of its previously announced Senior Notes offering. The Issuers will issue $750 million aggregate principal amount of 5.25% Senior Notes due 2025. The notes will be issued to the public at an offering price of 100.000% of the principal amount thereof, plus accrued interest from December 02^nd, 2016. The Company intends to use the gross proceeds of the offering of the notes to repay amounts outstanding under its dropdown credit facility. Get free access to your technical report on TLLP at:

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

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