SandRidge Energy, Patterson-UTI Energy, Key Energy Services, Transocean, and Magnum Hunter Resources Under StockCall's Microscope PR Newswire LONDON, March 18, 2013 LONDON, March 18, 2013 /PRNewswire/ -- The shale oil boom in the U.S. offers significant opportunities to oil & gas drilling & exploration companies such as SandRidge Energy Inc. (NYSE: SD), Patterson-UTI Energy Inc. (NASDAQ: PTEN), Key Energy Services Inc. (NYSE: KEG), Transocean Ltd. (NYSE: RIG) and Magnum Hunter Resources Corp. (NYSE: MHR). The U.S. is expected to overtake Saudi Arabia as the world's biggest oil producer in the next few years due to the shale oil revolution. Several oil and gas companies have boosted their spending on projects in the U.S. to capitalize on the shale boom. Oil and gas stocks ended on a mixed note on Friday even as the broad market closed lower. StockCall has released full comprehensive research on SD, PTEN, KEG, RIG, and MHR and these free technical analyses can be downloaded by signing up at http://www.stockcall.com/technicalanalysis Shares of SandRidge Energy Inc. fell sharply in Friday's session, ending the day 1.40% lower at $5.63 on above average volume of 25.60 million. The sharp decline on substantial volume suggests that market sentiment has turned bearish on the company. This is confirmed by the stock's MACD chart. The MACD is currently trading well below the zero-line. SandRidge Energy Inc. shares are also trading well below their 50-day and 200-day moving averages, further confirming the bearish trend. Free technical analysis on SD available by signing up at http://www.StockCall.com/SD031813.pdf While SandRidge Energy Inc. shares struggled, shares of Patterson-UTI Energy Inc. rose sharply on Friday. The stock closed 1.60% higher at $25.38 after hitting a 52-week high of $25.48. For the week, Patterson-UTI's shares rose more than 5%, compared to a gain of 0.61% for the S&P 500. The stock has outperformed the S&P 500 for the year as well. Year-to-date, the company's shares have gained more than 36%, compared to a gain of over 9% for the S&P 500. The stock has seen a series of highs over the last few trading sessions. Register today and access the free research on PTEN at http://www.StockCall.com/PTEN031813.pdf Shares of Key Energy Services Inc. also rose sharply in trading on Friday even as the broad market edged lower. The stock closed 2.81% higher at $8.77, taking its gains in the last three trading sessions to over 3%. Key Energy's shares have broken through $8.75 resistance level last week, which is a bullish signal. The positive trend is further confirmed by the stock's MACD chart. The MACD has just crossed above the signal line and is also trading above the zero-line. The free report on KEG can be downloaded by signing up now at http://www.StockCall.com/KEG031813.pdf Shares of Transocean Ltd. posted small losses on Friday, ending the day 0.37% lower at $53.56. However, for the week, the stock rose 0.64%. Year-to-date, Transocean's shares have gained nearly 20%, compared to a gain of over 9% for the S&P 500. The company's shares are currently facing stiff resistance at around $54. The stock's MACD has just crossed above the signal line, which is a bullish signal. Free report on RIG can be accessed by registering at http://www.StockCall.com/RIG031813.pdf Shares of Magnum Hunter Resources Corp. edged higher at the end of last week's session. However, the gains were limited. The stock ended the day 0.49% higher at $4.07. Earlier in the day, it touched an intra-day high of $4.20. Magnum Hunter's shares gained more than 1.20% last week. Recent volume activity suggests that market sentiment is bullish on the stock. This is confirmed by the stock's MACD chart. Year-to-date, the company's shares have gained more than 2%. Register with StockCall and download the research on MHR for free at http://www.StockCall.com/MHR031813.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact: Contact Person: William T. Knight, Email: firstname.lastname@example.org, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
SandRidge Energy, Patterson-UTI Energy, Key Energy Services, Transocean, and Magnum Hunter Resources Under StockCall's
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