Oil and Gas Stocks Under Review -- Noble, Ensco, Petroleo Brasileiro, and Nabors

NEW YORK, March 23, 2017 /PRNewswire/ --

Stock-Callers.com has lined up four equities in the Oil and Gas Drilling and Exploration space for review: Noble Corp. PLC (NYSE: NE), Ensco PLC (NYSE: ESV), Petroleo Brasileiro S.A. (NYSE: PBR-A), and Nabors Industries Ltd (NYSE: NBR). According to Research and Markets' report titled "Global Offshore Drilling Rigs Market Analysis & Trends - Industry forecast to 2025," the global offshore drilling rigs market is poised to grow at a CAGR of around 10.2% over the next decade to reach approximately $190.25 billion by 2025. Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

Noble  

On Wednesday, shares in London, the UK headquartered Noble Corp. PLC recorded a trading volume of 11.63 million shares. The stock ended the day at $5.80, climbing 1.40% from the last trading session. The Company's shares are trading below their 200-day moving average by 13.42%. Furthermore, shares of Noble, which operates as an offshore drilling contractor for the oil and gas industry worldwide, have a Relative Strength Index (RSI) of 35.80.

On March 20^th, 2017, Noble announced that David W. Williams, Chairman, President, and CEO, will present at the Scotia Howard Weil 45^th Annual Energy Conference in New Orleans, Louisiana, on Monday, March 27^th, 2017 at 9:15 a.m. CT. Presentations from this conference are not being webcast; however, a copy of Noble's presentation materials will be available on its website under the "Investor Relations" section. Sign up and read the free research report on NE at:

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

Ensco  

London, the UK headquartered Ensco PLC's stock saw a slight drop of 0.71%, finishing yesterday's session at $8.40 with a total trading volume of 9.77 million shares. The Company's shares are trading below their 200-day moving average by 9.75%. Shares of the Company, which serves government-owned and independent oil and gas companies, have an RSI of 32.62.

On March 15^th, 2017, Ensco announced it has extended the expiration date for its offer to exchange any and all of its $332,048,000 outstanding principal amount of 8.00% Senior Notes due 2024 for an equal amount of new 8.00% Senior Notes due 2024 that have been registered under the Securities Act of 1933 as amended. This registered exchange offer has been extended until 5:00 p.m., NYC time, on March 21^st, 2017. The complimentary research report on ESV can be downloaded at:
http://stock-callers.com/registration/?symbol=ESV

Petroleo Brasileiro  

Shares in Rio de Janeiro, Brazil headquartered Petroleo Brasileiro S.A. ended the session 5.14% higher at $8.79. The stock recorded a trading volume of 13.65 million shares, which was above its three months average volume of 5.78 million shares. The Company's shares have gained 4.02% over the last three months. The stock is trading 3.39% above its 200-day moving average. Moreover, shares of Petroleo Brasileiro, which operates as an integrated energy company in Brazil and internationally, have an RSI of 43.22. Register for free on Stock-Callers.com and access the latest report on PBR-A at:

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

Nabors  

At the closing bell on Wednesday, Hamilton, Bermuda headquartered Nabors Industries Ltd's stock dropped 2.75%, finishing at $12.75. A total volume of 6.83 million shares was traded, which was above their three months average volume of 6.16 million shares. The Company's shares are trading 0.40% above their 200-day moving average. Additionally, shares of Nabors Industries, which provides drilling and rig services, have an RSI of 29.45.

On February 22^nd, 2017, Nabors Industries reported full-year 2016 operating revenue of $2.2 billion. Net income from continuing operations for the year was a loss of $1.0 billion, or $3.58 per share, compared to a loss of $330 million, or $1.14 per share, in FY 2015. The Company's revenue for the quarter of $539 million represented an increase of $19.2 million. Get free access to your research report on NBR at:

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

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