Pre-Market Analysis on Patterson-UTI Energy, Key Energy Services, Ensco, and Breitburn Energy

 Pre-Market Analysis on Patterson-UTI Energy, Key Energy Services, Ensco, and
                               Breitburn Energy

PR Newswire

LONDON, April 17, 2013

LONDON, April 17, 2013 /PRNewswire/ --

Earlier this week, a report showed that China's GDP grew 7.7% in the first
quarter of 2013, falling short of consensus forecast of 8% growth. Recent
economic data from U.S. has also been disappointing. U.S. and China are the
biggest consumers of oil in the world, and any sign of slowdown in these
countries is expected to have an impact on oil demand. This does not augur
well for oil & gas drilling & exploration companies such as Patterson-UTI
Energy Inc. (NASDAQ: PTEN), Key Energy Services Inc. (NYSE: KEG), ENSCO Plc
(NYSE: ESV), and BrietBurn Energy Partners L.P. (NASDAQ: BBEP). On Tuesday,
oil and gas stocks ended mostly higher as the broad market rebounded after
Monday's sell-off. StockCall has posted free technical research on PTEN, KEG,
ESV, and BBEP which can be downloaded upon sign up at

http://www.stockcall.com/signup

Shares of Patterson-UTI Energy Inc. edged higher in trading on Tuesday,
tracking gains in the broad market. The stock touched an intra-day high of
$23.34 before finishing the day 0.79% higher at $23.01 on above average volume
of 4.35 million. Despite yesterday's gains, the company's shares are down more
than 7% in the last three sessions. Year-to-date, however, the stock is still
up nearly 23.80%. Shares of PTEN currently face resistance at around $25. The
stock has strong support at around $23. Sign up and read the complimentary
report on PTEN at

http://www.StockCall.com/PTEN041713.pdf

Key Energy Services Inc.'s shares were among the major gainers in the oil and
gas sector yesterday. The stock closed 1.17% higher at $6.94 on above average
volume of 3.73 million after touching an intra-day high of $7.10. However,
shares of KEG are still down more than 11% in the last three sessions. The
stock has slipped below its 50-day and 200-day moving averages, which is a
bearish signal. The negative trend is further confirmed by the stock's MACD
chart. Key Energy Services' shares are now down 0.14% for the year, mainly due
to the recent losses. The stock is currently trading more than 52.70% below
its 52-week high. The free report on KEG can be downloaded by signing up now
at

http://www.StockCall.com/KEG041713.pdf

ENSCO Plc's shares struggled in Tuesday's trading session even as the broad
market rallied. The stock closed 0.06% lower at $53.75 on above average volume
of 4.04 million, taking its losses in the last three sessions to over 8%. The
company's shares have seen a series of lows over the past few sessions, which
is a bearish signal. The downbeat trend is further confirmed by recent volume
activity, and its MACD chart. ENSCO's shares have underperformed the broad
market so far in 2013, falling more than 8.50%. Free report on ESV can be
accessed by registering at

http://www.StockCall.com/ESV041713.pdf

Breitburn Energy Partners L.P.'s shares rose sharply yesterday. The stock
closed 1.69% higher at $19.81 on volume of 456,803 after touching an intra-day
high of $19.99. Shares of BBEP are currently trading close to their 52-week
high of $21.75. The stock has gained nearly 9.70% so far in the year.
Breitburn's shares also moved above their 50-day moving average on Tuesday,
which is a bullish signal. Register with StockCall and download the research
on BBEP for free at

http://www.StockCall.com/BBEP041713.pdf

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