Technical Research on Oil & Gas Equities -- Weatherford Intl., Halliburton, Tidewater, and Basic Energy Services

NEW YORK, July 31, 2017 /PRNewswire/ --

If you want a Stock Review on WFT, HAL, TDW, or BAS then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. On Monday, DailyStockTracker.com revisits the Oil and Gas Equipment and Services space, which is engaged in oil-and-gas-related services on a contract basis, such as cleaning, testing, erecting, repairing, and dismantling oil and gas field rigs and derricks, as well as pipeline-related services. Equities to review this morning are: Weatherford International PLC (NYSE: WFT), Halliburton Co. (NYSE: HAL), Tidewater Inc. (NYSE: TDW), and Basic Energy Services Inc. (NYSE: BAS). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:

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Weatherford 

Last Friday at the close, shares in Baar, Switzerland headquartered Weatherford International PLC ended 2.51% lower at $4.27. The stock recorded a trading volume of 23.63 million shares. The Company's shares have advanced 13.26% in the last one month. The stock is trading below its 50-day moving average by 1.63%. Furthermore, shares of Weatherford International, which together with its subsidiaries, operates as a multinational oilfield service company worldwide, have a Relative Strength Index (RSI) of 50.95.

On July 06^th, 2017, research firm Bernstein downgraded the Company's stock rating from 'Outperform' to 'Market Perform', with a target price of $5 per share. Sign up and read the free research report on WFT at:

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Halliburton 

Houston, Texas-based Halliburton Co.'s stock finished Friday's session 0.37% lower at $42.93 with a total trading volume of 8.86 million shares. The Company's shares have advanced 2.19% in the last one month. The stock is trading below its 50-day moving average by 2.82%. Additionally, shares of Halliburton, which provides a range of services and products to the upstream oil and natural gas industry worldwide, have an RSI of 46.00.

On July 24^th, 2017, Halliburton announced Q2 2017 results. Income from continuing operations was $28 million for the quarter, adjusted income from continuing operations was $201 million, operating income was $146 million, and adjusted operating income was $408 million. Total Company revenue for Q2 2017 was $5.0 billion, representing a 16% increase compared to Q1 2017. 

On July 28^th, 2017, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $70 a share to $61 a share. The complimentary research report on HAL can be downloaded at:

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Tidewater 

Shares in New Orleans, Louisiana headquartered Tidewater Inc. ended the session 6.67% higher at $0.96. A total volume of 1.82 million shares was traded, which was above their three months average volume of 1.28 million shares. The stock has gained 31.51% in the past month and 9.53% over the previous three months. The Company's shares are trading above their 50-day moving average by 17.94%. Moreover, shares of Tidewater, which provides offshore service vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide, have an RSI of 63.22.

On July 27^th, 2017, Tidewater announced that the Company received approval to list its new common stock, with the new CUSIP number 88642R 109, on the NYSE, under the same ticker symbol "TDW" as the shares of its existing common stock. In addition, the NYSE approved the listing of the Company's Series A Warrants and Series B Warrants, with the CUSIP numbers 88642R 117 and 88642R 125, respectively, subject to compliance with applicable NYSE listing standards. Register for free on DailyStockTracker.com and access the latest report on TDW at:

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Basic Energy Services 

Fort Worth, Texas headquartered Basic Energy Services Inc.'s shares recorded a trading volume of 1.18 million shares, which was above their three months average volume of 528,930 shares. The stock closed 16.92% lower at $23.82. The Company's shares have gained 0.80% in the past month. The stock is trading 8.86% below its 50-day moving average. Additionally, shares of Basic Energy Services, which provides well site services to oil and natural gas drilling and producing companies in the US, have an RSI of 40.82.  

On July 21^st, 2017, research firm Credit Suisse initiated a 'Neutral' rating on the Company's stock, with a target price of $30 per share.

On July 27^th, 2017, Basic Energy Services announced its financial and operating results for Q2 ended June 30^th, 2017 and the first six months of 2017. For Q2 2017, revenue was $213.3 million, net loss was $23.9 million, and adjusted EBITDA was $12.0 million. For the first half of the year, revenues were $395.3 million, net loss was $62.6 million, and adjusted EBITDA was $10.8 million. Get free access to your research report on BAS at:

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