Technical Research on Oil and Gas Equities -- Transocean, SeaDrill, Cenovus Energy, and RSP Permian

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

If you want a Stock Review on RIG, SDRL, CVE or RSPP then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Today's research on DailyStockTracker.com is centered on four Oil and Gas Drilling and Exploration operators, particularly: Transocean Ltd (NYSE: RIG), SeaDrill Ltd (NYSE: SDRL), Cenovus Energy Inc. (NYSE: CVE), and RSP Permian Inc. (NYSE: RSPP). The Oil and Gas Drilling space is powered by companies that extract oil on a contract basis. The industry may involve directional drilling, well drilling, and reconditioning of oil and gas field wells. Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at: http://dailystocktracker.com/register/

Transocean 

On Wednesday, shares in Vernier, Switzerland-based Transocean Ltd recorded a trading volume of 14.59 million shares, which was higher than their three months average volume of 12.64 million shares. The stock ended the day at $8.28, declining 4.50% from the last trading session. The Company's shares are trading below their 50-day moving average by 14.28%. Furthermore, shares of Transocean, which together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide, have a Relative Strength Index (RSI) of 40.59.

On June 26^th, 2017, Transocean announced the early results of its previously announced cash tender offers by Transocean Inc., its wholly-owned subsidiary, to purchase up to USD$1.5 billion aggregate principal amount of the following series of notes: 2.500% Senior Notes due 2017; 7.375% Senior Notes due 2018; 6.000% Senior Notes due 2018; 6.500% Senior Notes due 2020; and 6.375% Senior Notes due 2021. Sign up and read the free research report on RIG at: http://dailystocktracker.com/registration/?symbol=RIG

SeaDrill 

Hamilton, Bermuda headquartered SeaDrill Ltd's stock rose 0.82%, finishing yesterday's session at $0.37 with a total trading volume of 7.96 million shares. The Company's shares are trading below their 50-day moving average by 29.20%. Shares of the Company, which provides offshore drilling services to the oil and gas industry worldwide, have an RSI of 35.11.

On June 28^th, 2017, SeaDrill announced that it has amended the revolving credit facility provided to North Atlantic Drilling Ltd, its majority owned subsidiary, to mature on July 31^st, 2017, and increased it to $150 million. This interim funding arrangement has been put in place while broader restructuring negotiations continue at both companies. The complimentary research report on SDRL can be downloaded at: http://dailystocktracker.com/registration/?symbol=SDRL

Cenovus Energy 

Shares in Calgary, Canada headquartered Cenovus Energy Inc. ended the session 6.63% lower at $7.04. The stock recorded a trading volume of 4.94 million shares, which was above its three months average volume of 4.88 million shares. The Company's shares are trading 19.98% below their 50-day moving average. Moreover, shares of Cenovus Energy, which develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, have an RSI of 35.89.

On June 20^th, 2017, Cenovus Energy announced that its President and CEO, Brian Ferguson, will be retiring as an officer and director of the Company on October 31^st, 2017. Ferguson will continue in his roles leading the Company and serving on the Board of Directors until that time. The Board will engage immediately in a broad global search for a new President and CEO.

On July 05^th, 2017, research firm Raymond James downgraded the Company's stock rating from 'Market Perform' to 'Underperform'. Register for free on DailyStockTracker.com and access the latest report on CVE at: http://dailystocktracker.com/registration/?symbol=CVE 

RSP Permian 

At the closing bell on Wednesday, Dallas, Texas headquartered RSP Permian Inc.'s stock dropped 3.37%, finishing at $32.08. A total volume of 1.72 million shares was traded. The Company's shares are trading 11.67% below their 50-day moving average. Additionally, shares of RSP Permian, which engages in the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas, have an RSI of 41.70.  

On June 12^th, 2017, research firm Williams Capital Group initiated a 'Buy' rating on the Company's stock, with a target price of $47 per share. Get free access to your research report on RSPP at: http://dailystocktracker.com/registration/?symbol=RSPP

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