Stock Research Monitor: PUMP, RES, and SOI
LONDON, UK / ACCESSWIRE / May 22, 2018 / If you want a free Stock Review on FTI sign up now at www.wallstequities.com/registration. On Monday, May 21, 2018, US markets saw broad based gains with eight out of nine sectors finishing the trading sessions in green. Major US indices were also bullish at the close of yesterday's session. The NASDAQ Composite ended the day at 7,394.04, up 0.54%; the Dow Jones Industrial Average edged 1.21% higher, to finish at 25,013.29; and the S&P 500 closed at 2,733.01, up 0.74%. This Tuesday morning, WallStEquities.com looks at the performance of these four Oil & Gas Equipment & Services stocks: ProPetro Holding Corp. (NYSE: PUMP), RPC Inc. (NYSE: RES), Solaris Oilfield Infrastructure Inc. (NYSE: SOI), and TechnipFMC PLC (NYSE: FTI). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
ProPetro Holding
On Monday, shares in Midland, Texas headquartered ProPetro Holding Corp. recorded a trading volume of 2.27 million shares, which was above their three months average volume of 1.85 million shares. The stock ended the session 1.90% lower at $19.62. The Company's shares have gained 21.64% over the previous three months and 42.90% in the past twelve months. The stock is trading above its 50-day and 200-day moving averages by 10.06% and 18.82%, respectively. Moreover, shares of ProPetro, which provides pressure pumping and other related services, have a Relative Strength Index (RSI) of 57.66.
On May 10th, 2018, research firm Cowen reiterated its ‘Market Perform' rating on the Company's stock with an increase of the target price from $13 a share to $14 a share. Get the full research report on PUMP for free by clicking below at:
www.wallstequities.com/registration/?symbol=PUMP
RPC Inc.
Atlanta, Georgia headquartered RPC Inc.'s stock closed the day 1.87% higher at $19.02 with a total trading volume of 793,756 shares. The Company's shares have advanced 2.15% in the previous three months. The stock is trading above its 50-day moving average by 1.63%. Additionally, shares of RPC, which provides a range of oilfield services and equipment for the oil and gas companies involved in the exploration, production, and development of oil and gas properties, have an RSI of 51.23.
On April 26th, 2018, research firm Cowen reiterated its ‘Market Perform' rating on the Company's stock with a decrease of the target price from $19 a share to $17 a share. Free research on RES can be accessed at:
www.wallstequities.com/registration/?symbol=RES
Solaris Oilfield Infrastructure
Shares in Solaris Oilfield Infrastructure Inc. recorded a trading volume of 442,908 shares. The stock ended yesterday's trading session 2.70% lower at $16.24. The Company's shares have advanced 37.05% in the past twelve months. The stock is trading below its 50-day moving average by 6.57%. Furthermore, shares of the Company, which manufactures and sells patented mobile proppant management systems to unload, store, and deliver proppant at oil and natural gas well sites in the US, have an RSI of 40.14. Sign up today for the free research report on SOI at:
www.wallstequities.com/registration/?symbol=SOI
TechnipFMC
London, the UK headquartered TechnipFMC PLC's stock finished Monday's session 0.53% lower at $34.01 with a total trading volume of 3.57 million shares, which was above their three months average volume of 3.26 million shares. The Company's shares have advanced 15.76% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 8.21% and 16.06%, respectively. Additionally, shares of TechnipFMC, which engages in the oil and gas projects, technologies, and systems and services businesses, have an RSI of 60.91.
On May 11th, 2018, research firm DNB Markets upgraded the Company's stock rating from ‘Hold' to ‘Buy'. Wall St. Equities' research coverage also includes the downloadable free report on FTI at:
www.wallstequities.com/registration/?symbol=FTI
Wall St. Equities:
Wall St. Equities (WSE) 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. WSE 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.
WSE 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 [email protected]. 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 WSE. WSE 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
WSE, 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. WSE, 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, WSE, 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 WSE 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
https://wallstequities.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: [email protected]
Phone number: 21 32 044 483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Wall St. Equities
