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

NEW YORK, February 6, 2017 /PRNewswire/ --

Focus is on the Oil and Gas Equipment and Services industry which is engaged in the design, manufacture, and sale of systems, components, and products used in oil and gas drilling and production. Companies in this Basic Materials category may also provide oilfield services and supplies, and generally offer higher-than-average dividend yields. Pre-market, Stock-Callers.com dedicates investors' attention to these four stocks: Baker Hughes Inc. (NYSE: BHI), National Oilwell Varco Inc. (NYSE: NOV), TechnipFMC PLC (NYSE: FTI), and Superior Energy Services Inc. (NYSE: SPN). Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

Baker Hughes

Last Friday at the close, shares in Texas headquartered Baker Hughes Inc. ended 0.90% lower at $61.85. The stock recorded a trading volume of 2.57 million shares. The Company's shares have advanced 14.24% in the previous three months. The stock is trading above its 200-day moving average by 18.03%. Furthermore, shares of Baker Hughes, which supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide, have a Relative Strength Index (RSI) of 42.59.

On January 18^th, 2017, research firm SunTrust initiated a 'Hold' rating on the Company's stock.

On January 26^th, 2017, Baker Hughes reported revenue of $2.4 billion for Q4 2016, an increase of $57 million, or 2%, sequentially. On a GAAP basis, net loss attributable to Baker Hughes for Q4 2016 was $417 million, or $0.98 per diluted share, compared to $429 million, or $1.00 per diluted share, in Q3 2016. The Company's cash flows provided by operating activities were $632 million for Q4 2016, an increase of $513 million sequentially. Sign up and read the free research report on BHI at:

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

National Oilwell Varco

Texas headquartered National Oilwell Varco Inc.'s stock finished Friday's session 2.04% higher at $38.57 with a total trading volume of 2.63 million shares. The Company's shares have advanced 0.10% in the last one month, 22.89% over the previous three months, and 3.02% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.88% and 10.90%, respectively. Additionally, 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 51.13.

On December 22^nd, 2016, National Oilwell announced that it is expanding the operations of its Fiber Glass Systems business unit with a new composite pipe manufacturing facility located near the city of Dammam, Saudi Arabia. The manufacturing complex will produce spoolable and jointed pipe, including the flagship line of Fiberspar™ spoolable products, STAR™ Glass Reinforced Epoxy high pressure line pipe, and downhole tubing and casing. Operations are expected to begin in Q1 2018.

On January 18^th, 2017, research firm SunTrust initiated a 'Hold' rating on the Company's stock. The complimentary research report on NOV can be downloaded at:

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

TechnipFMC

Shares in UK headquartered TechnipFMC PLC ended the session 1.49% higher at $33.41 with a total trading volume of 3.49 million shares. The stock has gained 3.95% in the previous three months. The Company's shares are trading above their 200-day moving average by 10.49%. Moreover, shares of TechnipFMC, which provides technologies, systems, and services for oil and gas projects worldwide, have an RSI 39.35.

On January 26^th, 2017, a subsidiary of TechnipFMC announced that it has entered into an agreement with INPEX Operations Australia for Riserless Light Well Intervention Services in the Ichthys field, approximately 220-kilometers offshore of Western Australia, for the Ichthys LNG Project. Under the agreement, TechnipFMC will deploy its deepwater RLWI stack and two Schilling Robotics ROVs, from the Island Performer vessel, to perform riserless well access services on up to 20 subsea wells in the Ichthys field, beginning in 2017.

On February 01^st, 2017, research firm Barclays initiated an 'Equal Weight' rating on the Company's stock, with a target price of $38 per share. Register for free on Stock-Callers.com and access the latest report on FTI at:

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

Superior Energy Services

Texas headquartered Superior Energy Services Inc.'s shares recorded a trading volume of 2.22 million shares. The stock edged 4.65% higher at $18.47. The Company's shares have gained 0.38% in the past month, 34.03% over the previous three months, and 9.42% on an YTD basis. The stock is trading 6.08% and 9.01% above its 50-day and 200-day moving averages, respectively. Additionally, 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 an RSI of 56.71.

On January 18^th, 2017, research firm SunTrust initiated a 'Hold' rating on the Company's stock. Get free access to your research report on SPN at:

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

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