14.03.2017 12:20:00
|
Technical Roundup on Oil & Gas Stocks -- Bill Barrett, Seadrill Partners, Camber Energy, and Unit
NEW YORK, March 14, 2017 /PRNewswire/ --
Stock-Callers.com today covers the Oil and Gas Drilling and Exploration industry, with focus on Bill Barrett Corp. (NYSE: BBG), Seadrill Partners LLC (NYSE: SDLP), Camber Energy Inc. (NYSE MKT: CEI), and Unit Corp. (NYSE: UNT). Many companies in this space are structured as trusts, limited partnerships or limited liability corporations, and on average pay much higher-than-average dividend yields. Sign up today and download for free the research reports for the stocks covered today at:
http://stock-callers.com/registration
Bill Barrett
Denver, Colorado headquartered Bill Barrett Corp.'s stock finished Monday's session 3.15% higher at $4.58. A total volume of 2.66 million shares was traded, which was above their three months average volume of 2.17 million shares. The Company's shares are trading 27.69% below their 50-day moving average. Additionally, shares of Bill Barrett, which acquires, explores for, and develops oil and natural gas resources in the US, have a Relative Strength Index (RSI) of 24.16.
On March 02nd, 2017, Bill Barrett reported a net loss of $49 million, or $0.79 per diluted share, for Q4 2016. The Company's adjusted net income for Q4 2016 was a net loss of $11 million, or $0.18 per diluted share. EBITDAX for Q4 2016 was $46 million. The Company's total estimated proved reserves at year-end 2016 were 54.9 MMBoe compared to 83.7 MMBoe at year-end 2015.
On March 10th, 2017, research firm FBR & Co. initiated a 'Market Perform' rating on the Company's stock, with a target price of $6 per share. BBG complete research report is just a click away at:
http://stock-callers.com/registration/?symbol=BBG
Seadrill Partners
On Monday, shares in London, the UK headquartered Seadrill Partners LLC recorded a trading volume of 628,745 shares. The stock ended the session 2.97% higher at $3.12. The Company's shares are trading 22.52% below their 200-day moving average. Moreover, shares of Seadrill Partners, which owns, operates, and acquires offshore drilling units, have an RSI of 31.87.
On March 13th, 2017, Seadrill Partners announced that it has secured a one well contract with Total E&P Cyprus B.V. for the West Capella in Cyprus. The contract is expected to commence in H2 2017 and backlog, estimated at 50 days, is expected to be approximately $10 million. The West Capella has recently been upgraded with a Managed Pressure Drilling system which is expected to be utilized as part of the upcoming work scope. The complimentary report on SDLP can be downloaded at:
http://stock-callers.com/registration/?symbol=SDLP
Camber Energy
Houston, Texas headquartered Camber Energy Inc.'s shares closed the day 3.86% lower at $0.57, with a total trading volume of 203,270 shares. The stock is trading 33.84% below its 50-day moving average. Shares of the Company, which engages in the exploitation, development, and production of crude oil, natural gas, and natural gas liquids in Texas and Oklahoma, have an RSI of 31.65.
On February 24th, 2017, Camber Energy announced that its newly formed subsidiary, Camber Permian II LLC ("CPII"), has entered into a definitive Purchase and Sale Agreement with private sellers to acquire oil and gas leases covering approximately 15,500 gross acres (13,000 net acres) in the Permian Basin for $11.03 million (known as the "Arrowhead Project"). The Arrowhead Project covers a contiguous block of acreage across the Yoakum and Cochran County line of the Permian Basin and includes a completed horizontal San Andres well and a salt-water disposal well, both currently shut-in. CPII will put the San Andres well back into production once the salt-water disposal well is placed into service. The transaction, which is targeted to close on or before March 30th, 2017, is subject to, among other things, certain purchase price adjustments pursuant to title confirmation and a customary due diligence investigation. Sign up for your complimentary report on CEI at:
http://stock-callers.com/registration/?symbol=CEI
Unit
Shares in Tulsa, Oklahoma-based Unit Corp. finished 0.50% higher at $22.26. The stock recorded a trading volume of 370,411 shares. The Company's shares are trading above their 200-day moving average by 11.14%. Furthermore, shares of Unit Corp., which together with its subsidiaries, operates as an oil and natural gas contract drilling company primarily in the US, have an RSI of 33.07.
On February 23rd, 2017, Unit recorded net income of $1.7 million, $0.03 per diluted share, for Q4 2016 compared to a net loss of $309.3 million, or $6.29 per share, for Q4 2015. Adjusted net income for Q4 2016 was $12.2 million, or $0.23 per diluted share. The Company's total revenues for Q4 2016 were $174.3 million (51% oil and natural gas, 19% contract drilling, and 30% midstream), compared to $172.3 million (44% oil and natural gas, 29% contract drilling, and 27% midstream) for Q4 2015. Adjusted EBITDA for Q4 2016 was $80.7 million, or $1.58 per diluted share. Download the research report for free on UNT at:
http://stock-callers.com/registration/?symbol=UNT
--
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
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Bill Barrett Corp.mehr Nachrichten
Keine Nachrichten verfügbar. |