Technical Reports on Oil & Gas Equities -- Pioneer Energy Services, Unit, Seadrill Partners, and Halcon Resources

NEW YORK, December 15, 2016 /PRNewswire/ --

Pre-market, Stock-Callers.com scans the most current performances of Pioneer Energy Services Corp. (NYSE: PES), Unit Corp. (NYSE: UNT), Seadrill Partners LLC (NYSE: SDLP), and Halcon Resources Corp. (NYSE: HK). These equities belong to the Oil and Gas Drilling and Exploration industry, which is engaged in contract-based oil and gas drilling services such as directional drilling, well drilling, and oil and gas field wells reconditioning. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:

http://stock-callers.com/registration

Pioneer Energy Services 

On Wednesday, shares in Texas headquartered Pioneer Energy Services Corp. recorded a trading volume of 1.37 million shares, which was above their three months average volume of 1.03 million shares. The stock ended at $5.70, declining 3.39% from the last trading session. The Company's shares have surged 46.15% in the last one month, 71.69% over the previous three months, and 162.67% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 26.48% and 58.18%, respectively. Furthermore, shares of Pioneer Energy Services, which provides land-based drilling and production services to oil and gas exploration and production companies in the US and Colombia, have a Relative Strength Index (RSI) of 58.96.

On December 12^th, 2016, the Company announced the closing of its previously announced underwritten public offering of 12,075,000 shares of common stock at a public offering price of $5.75 per share. Net proceeds received by the Company from the offering were approximately $65.4 million after deducting underwriting discounts and estimated offering expenses payable by the Company. Pioneer Energy intends to use the net proceeds of the offering to repay indebtedness outstanding under its senior secured revolving credit facility.

On December 12^th, 2016, research firm Wunderlich upgraded the Company's stock rating from 'Hold' to 'Buy'. Visit us today and access our complete research report on PES at:

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

Unit 

Tulsa, Oklahoma-based Unit Corp.'s stock finished yesterday's session 5.65% lower at $25.22 with a total trading volume of 678,061 shares. The Company's shares have gained 31.56% in the last one month, 55.30% over the previous three months, and 106.72% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 23.81% and 64.08%, respectively. Furthermore, shares of Unit, which together with its subsidiaries, operates as an oil and natural gas contract drilling company primarily in the US, have an RSI of 60.62.

On November 03^rd, 2016, Unit recorded a net loss of $24.0 million or $0.48 per share for Q3 2016, compared to a net loss of $205.3 million, or $4.18 per share, for Q3 2015. The Company's Q3 2016 total revenues were $153.4 million compared to $212.4 million for Q3 2015.

On December 13^th, 2016, research firm KLR Group downgraded the Company's stock rating from 'Hold' to 'Reduce'. The complimentary report on UNT can be downloaded at:

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

Seadrill Partners 

At the closing bell on Wednesday, shares in London, the UK headquartered Seadrill Partners LLC saw a decline of 4.10%, ending the day at $4.21. The stock recorded a trading volume of 1.20 million shares, which was above its three months average volume of 706,170 shares. The Company's shares have advanced 27.96% in the last one month, 34.18% in the previous three months, and 39.94% on an YTD basis. The stock is trading 21.98% above its 50-day moving average and 5.69% above its 200-day moving average. Moreover, shares of Seadrill Partners, which owns, operates, and acquires offshore drilling units, have an RSI of 63.96.

On December 02^nd, 2016 Seadrill Partners announced that it has received a notice of termination from Tullow Ghana Limited for the West Leo drilling contract dated December 1^st, 2016.  Tullow have purported to terminate the Contract by reason of the alleged Force Majeure claim declared in early October 2016, which the company has disputed. Further or alternatively, Tullow has alleged that the Contract has been discharged by frustration. Seadrill stated that it does not accept that the Contract can be terminated or discharged as alleged and mentioned that its claim in the English High Court proceedings will be amended to reflect this. Register for free on Stock-Callers.com and access the latest research report on SDLP at:

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

Halcon Resources 

Houston, Texas headquartered Halcon Resources Corp.'s stock ended the day 5.49% lower at $8.44. A total volume of 1.31 million shares was traded, which was higher than their three months average volume of 632,400 shares. The Company's shares have gained 3.05% in the last month and 569.84% on an YTD basis. The stock is trading 139.88% above its 200-day moving average. Additionally, shares of Halcon Resources, which engages in the acquisition, production, exploration, and development of onshore oil and natural gas properties in the US, have an RSI of 42.90. Get free access to your research report on HK at:

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

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