Pre-market Equity Watch on Energy Sector -- Research on Parker Drilling, Oceaneering Intl., RPC Inc. and Oil States Intl.

By PR Newswire,  May 13, 2014, 09:00:00 AM EDT


Editor Note: For more information about this release, please scroll to bottom.

LONDON, May 13, 2014 /PRNewswire/ --

On Monday, May 12, 2014, the NASDAQ Composite ended at 4,143.86, up 1.77%, the Dow Jones Industrial Average advanced 0.68%, to finish the day at 16,695.47, and the S&P 500 closed at 1,896.65, up 0.97%. The gains were broad based with eight out of ten sectors ending the session in positive. The S&P 500 Energy Sector Index ended the day at 689.56, up 0.61%, with the index gaining 6.28% in the last one month. Investor-Edge has initiated coverage on the following equities: Parker Drilling Company (NYSE:PKD), Oceaneering International Inc. (NYSE:OII), RPC Inc. (NYSE:RES) and Oil States International Inc. (NYSE:OIS). Free technical research on PKD, OII, RES and OIS can be downloaded upon signing up at:



http://www.investor-edge.com/2459-register



On Monday, shares in Parker Drilling Co. fluctuated between $6.18 and $6.34 before ending the session 2.60% higher at $6.32. The stock reported a trading volume of 0.92 million shares, close to its three months average volume of 0.88 million shares. Shares of the company traded at a PE ratio of 18.24. Parker Drilling Co.'s shares have lost 2.92% in the previous three trading sessions, 7.47% in the last one month, and 22.26% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $6.98 and $7.02, respectively. Moreover, shares of Parker Drilling Co. have a Relative Strength Index (RSI) of 34.64. Sign up today to read free research on PKD at:



http://www.investor-edge.com/2459-PKD-13May2014.pdf



On Monday, shares in Oceaneering International Inc. edged 0.45% higher, to close the day at $71.97. The stock recorded a trading volume of 0.79 million shares, below its three months average volume of 1.04 million shares. The stock oscillated between $71.18 and $72.10 during the session. Over the past one month and over the previous three months, Oceaneering International Inc.'s shares have advanced 2.57% and 2.26%, respectively. However, the stock has lost 8.76% since the start of this year. The stock is trading above its 50-day moving average of $71.95, while the 50-day moving average is below Oceaneering International Inc.'s 200-day moving average of $77.08. Additionally, the stock traded at a PE ratio of 20.16 and has an RSI of 45.51. Sign up today to read free research on OII at:



http://www.investor-edge.com/2459-OII-13May2014.pdf



On Monday, RPC Inc.'s stock recorded a trading volume of 0.62 million shares, lower than its three months average volume of 1.30 million shares. The stock ended the day at $21.91, which was 0.64% above its previous day's closing of $21.77, and registered an intraday range of $21.52 and $21.96. Shares of the company traded at a PE ratio of 26.85. Although RPC Inc.'s stock has lost 1.79% in the previous three trading sessions, it has gained 11.22% in the last one month and 22.75% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $20.32 and $17.64, respectively. Furthermore, shares of RPC Inc. have an RSI of 56.68. Sign up today to read free research on RES at:



http://www.investor-edge.com/2459-RES-13May2014.pdf



Shares in Oil States International Inc. finished the Monday's session 1.32% higher at $96.26. A total of 0.33 million shares were traded, which was below its three months average volume of 0.60 million shares. The stock vacillated between $94.81 and $96.35 during the session. Over the previous three trading sessions and over the last one month, Oil States International Inc.'s shares have advanced 0.41% and 0.73%, respectively. However, from the beginning of 2014, the company's stock has fallen by 5.37%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $99.17 is greater than its 50-day moving average of $96.62. Oil States International Inc.'s stock traded at a PE ratio of 16.73 and has an RSI of 41.90. Sign up today to read free research on OIS at:



http://www.investor-edge.com/2459-OIS-13May2014.pdf





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EDITOR'S NOTES:

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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.



2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.



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SOURCE Investor-Edge



This article appears in: News Headlines

Referenced Stocks: OII, OIS, PKD, RES


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