This Morning's Research Reports on Oil & Gas Stocks -- ProPetro, Flotek Industries, McDermott, and TechnipFMC
NEW YORK, Dec. 08, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on PUMP, FTK, MDR, and FTI which is a click away at www.wallstequities.com/registration. Companies in the Oilfield Equipment and Services industry provide products and services associated with the oil and gas exploration and production process, or the upstream Energy industry. Their services include locating energy sources, energy data management, drilling and formation evaluation, well construction, and production and completion services. This morning, WallStEquities.com recalls the performance of ProPetro Holding Corp. (NYSE: PUMP), Flotek Industries Inc. (NYSE: FTK), McDermott International Inc. (NYSE: MDR), and TechnipFMC PLC (NYSE: FTI). Wall St. Equities' downloadable free reports on these stocks are available at:
www.wallstequities.com/registration
ProPetro Holding
Midland, Texas headquartered ProPetro Holding Corp.'s stock finished Thursday's session 3.99% higher at $18.52 with a total trading volume of 861,699 shares. The Company's shares have advanced 12.04% in the past month, 62.60% in the previous three months, and 27.72% since the start of this year. The stock is trading 15.98% above its 50-day moving average and 34.06% above its 200-day moving average. Additionally, shares of ProPetro, which provides oilfield services, have a Relative Strength Index (RSI) of 60.84. The free report on PUMP can be accessed at:
www.wallstequities.com/registration/?symbol=PUMP
Flotek Industries
On Thursday, shares in Houston, Texas headquartered Flotek Industries Inc. recorded a trading volume of 697,312 shares. The stock ended the session 1.53% lower at $4.51. The Company's shares are trading 5.76% below their 50-day moving average. Moreover, shares of Flotek Industries, which develops and supplies chemistry and services to the oil and gas industries in the US and internationally, have an RSI of 43.83. Download our actionable research report on FTK at:
www.wallstequities.com/registration/?symbol=FTK
McDermott International
Houston, Texas headquartered McDermott International Inc.'s shares closed the day 0.28% higher at $7.12. The stock recorded a trading volume of 2.17 million shares, which was higher than its three months average volume of 2.15 million shares. The Company's shares have gained 15.02% over the previous three months. The stock is trading 0.74% and 5.84% above its 50-day and 200-day moving averages, respectively. Additionally, shares of McDermott, 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 45.26. Register for your free report coverage on MDR at:
www.wallstequities.com/registration/?symbol=MDR
TechnipFMC
Shares in London, the UK headquartered TechnipFMC PLC finished 1.38% lower at $27.18. The stock recorded a trading volume of 3.02 million shares. The Company's shares have advanced 6.59% in the previous three months. The stock is trading slightly below its 50-day moving average by 0.45%. Furthermore, shares of TechnipFMC, which provides technologies, systems, and services for oil and gas projects worldwide, have an RSI of 45.43.
On November 29(th), 2017, research firm Tudor Pickering upgraded the Company's stock rating from 'Hold' to 'Buy'.
On December 04(th), 2017, TechnipFMC announced that, jointly with Samsung Engineering and Tecnicas Reunidas, it has been awarded a USD$4.2-billion contract from Bahrain Petroleum Company (Bapco) for the Bapco Modernization Program. The project is located on Bahrain's Eastern coast and entails the expansion of the capacity of the existing Sitra oil refinery from 267,000 up to 360,000 barrels per day, the improvement of energy efficiency, valorization of the heavy part of the crude oil barrel, enhancement of products slate, and the meeting of environmental compliance. Get the free research report on FTI at:
www.wallstequities.com/registration/?symbol=FTI
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