Pre-Market Review: Nabors Industries Ltd, Noble Corp., Pengrowth Energy Corp., and Vantage Drilling Co.
Pre-Market Review: Nabors Industries Ltd, Noble Corp., Pengrowth Energy Corp., and Vantage Drilling Co. PR Newswire LONDON, August 16, 2013 LONDON, August 16, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. The U.S. equity market slipped on Thursday, August 15, 2013. All three benchmark indexes closed lower, with the Dow Jones Industrial Average falling 1.47%, the S&P 500 falling 1.43%, and the NASDAQ composite declining 1.72%. Shares in the oil and gas drilling and exploration industry ended on a mixed note as the broader market declined. The major movers in the sector included Nabors Industries Ltd. (NYSE: NBR), Noble Corp. (NYSE: NE), Pengrowth Energy Corporation (NYSE: PGH), and Vantage Drilling Company (NYSE MKT: VTG). AAAResearchReports.com initiated preliminary technical research on NBR, NE, PGH, and VTG. These free reports are accessible by signing today at: http://www.aaaresearchreports.com/register/ On Thursday, shares in Nabors Industries Ltd. edged slightly higher, reversing some of their recent losses. The company's shares ended the day at $15.71, up 0.06%, after fluctuating between $15.53 and $15.80. A total of 2.79 million shares were traded which is below the daily average volume of 4.04 million. The company's shares have gained 5.58% in the last one month, outperforming the S&P 500 which has lost 1.26% during the same period. Furthermore, Nabors Industries Ltd's stock is currently trading above its 50-day and 200-day moving averages. The free technical analysis on NBR is available by signing up at: http://www.AAAResearchReports.com/NBR081613.pdf After fluctuating between $38.76 and $39.34, shares in Noble Corp. ended on a lower note on Thursday. The company's shares finished the day 0.48% lower at $39.04. A total of 1.51 million shares were traded which is below the daily average volume of 2.77 million. The company's shares have lost 2.33% in the last three months, compared to a gain of 0.15% in the S&P 500 during the same period. However, Noble Corp.'s stock is trading above its 50-day and 200-day moving averages. Register now to download free research on NE at: http://www.AAAResearchReports.com/NE081613.pdf Shares in Pengrowth Energy Corporation rose marginally on Thursday. The company's shares vacillated between $5.66 and $5.78 to end the day 0.70% higher at $5.77. A total of 1.31 million shares were traded which is below the daily average volume of 1.59 million. The company's shares have gained 12.48% in the last one month, and 16.33% in the last three months, outperforming the S&P 500 which has lost 1.26% and gained 0.15% in the respective periods. Furthermore, Pengrowth Energy Corp.'s stock is trading above its 50-day and 200- day moving averages. A free report on PGH can be accessed by registering at: http://www.AAAResearchReports.com/PGH081613.pdf Shares in Vantage Drilling Company plummeted as the broader market declined. The company's stock oscillated between $1.70 and $1.79 before closing at $1.71, down 5.00% from its previous closing price. A total of 3.05 million shares were traded which is above the daily average volume of 1.73 million. Vantage Drilling Company's shares have fallen 3.93% in the last three trading sessions, underperforming the S&P 500 which has lost 1.67% during the same period. Moreover, the stock is trading below its 50-day and 200-day moving averages. Register with AAA Research Reports and download research on VTG for free at: http://www.AAAResearchReports.com/VTG081613.pdf ---- EDITOR NOTES: 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. 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