Technical Roundup on Oil & Gas Stocks -- Atwood Oceanics, Antero Resources, Rowan, and Vanguard Natural Resources

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

Stock-Callers.com today takes a closer look at these Oil and Gas Drilling and Exploration equities: Atwood Oceanics Inc. (NYSE: ATW), Antero Resources Corp. (NYSE: AR), Rowan Cos. PLC (NYSE: RDC), and Vanguard Natural Resources LLC (NASDAQ: VNR). In the week ending January 27^th, 2017, US energy companies added oil rigs for a 12^th week in the last 13, extending an eight-month recovery as drillers take advantage of a deal by OPEC to cut production. Drillers added 15 oil rigs last week, bringing the total oil rig count to 566, the most since November 2015, according to energy firm Baker Hughes. Sign up today and download for free the research reports for the stocks covered today at:

http://stock-callers.com/registration

Atwood Oceanics  

Houston, Texas headquartered Atwood Oceanics Inc.'s stock finished Monday's session 7.87% lower at $12.18. A total volume of 4.81 million shares was traded, which was above their three months average volume of 4.48 million shares. Over the previous three months, the Company's shares have surged 41.96%. The stock is trading above its 50-day and 200-day moving averages by 1.11% and 18.11%, respectively. Moreover, shares of Atwood Oceanics, which engages in the drilling and completion of exploratory and developmental oil and gas wells, have a Relative Strength Index (RSI) of 43.60.

On January 11^th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Sell' to 'Neutral'.

On January 18^th, 2017, Atwood announced that it will release Q1 FY17 earnings after the market closes on February 03^rd, 2017. The Company will hold its conference call and webcast to discuss its Q1 FY17 earnings release on February 06^th, 2017 at 9:00 A.M. CT. ATW complete research report is just a click away at:

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

Antero Resources  

Shares in Denver, Colorado headquartered Antero Resources Corp. dropped 4.68%, ending yesterday's session at $24.63. A total volume of 4.30 million shares was traded, which was higher than their three months average volume of 3.50 million shares. The stock has gained 2.84% in the past month and 4.14% on an YTD basis. The Company's shares are trading 1.79% below their 50-day moving average. Moreover, shares of Antero Resources, which acquires, explores, and develops natural gas, natural gas liquids, and oil properties in the US, have an RSI of 44.62.

On January 04^th, 2017, Antero announced capital budget for full year 2017 of $1.5 billion, including $1.3 billion for drilling and completion and $200 million for core leasehold additions and extensions. Net production is expected to average 2,160 to 2,250 MMcfe/d in full year 2017, which represents y-o-y growth of 20% to 25%. The Company stated that approximately 70% of the drilling and completion budget for full year 2017 is allocated to the Marcellus Shale and the remaining 30% is allocated to the Ohio Utica Shale.

On January 13^th, 2017, research firm Piper Jaffray upgraded the Company's stock rating from 'Neutral' to 'Overweight'. The complimentary report on AR can be downloaded at:

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

Rowan  

On Monday, Houston, Texas-based Rowan Cos. PLC's stock saw a decline of 7.68%, to close the day at $17.79. A total volume of 3.86 million shares was traded, which was above their three months average volume of 3.10 million shares. The Company's shares have advanced 27.25% in the previous three months. The stock is trading 8.45% above its 200-day moving average. Additionally, shares of Rowan, which provides offshore oil and gas contract drilling services, have an RSI of 40.69.

On January 23^rd, 2017, Rowan announced that it plans to report earnings for Q4 2016 and full year 2016 on February 24^th, 2017, before the open of the financial markets in the US via a press release. Following the earnings report, the Company will conduct a conference call at 10:00 a.m. CT to discuss its operating results.  

On January 30^th, 2017, research firm Jefferies downgraded the Company's stock rating from 'Buy' to 'Hold'. Sign up for your complimentary report on RDC at:

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

Vanguard Natural Resources  

Shares in Houston, Texas headquartered Vanguard Natural Resources LLC ended the day 1.78% lower at $0.98, with a total trading volume of 1.44 million shares. The stock has gained 32.73% in the last one month, 16.93% in the previous three months, and 46.60% since the start of this year. The Company's shares are trading above their 50-day moving average by 20.75%. Furthermore, shares of Vanguard Natural Resources, which acquires and develops oil and natural gas properties in the US, have an RSI of 62.76.

As per a SEC filing dated January 05^th, 2017, Vanguard paid the second $37.5 million deficiency payment installment under the Senior Secured Reserve-Based Credit Facility on January 03^rd, 2017. As of January 04^th, 2017, there were approximately $1.25 billion of outstanding borrowings under the Credit Facility with a current borrowing base of $1.1 billion. Download the research report for free on VNR at:

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

--

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