Pre-Market Analysis: Petroleo Brasileiro S.A., Hercules Offshore Inc., Helmerich & Payne Inc., and W&T Offshore Inc.
Pre-Market Analysis: Petroleo Brasileiro S.A., Hercules Offshore Inc., Helmerich & Payne Inc., and W&T Offshore Inc. PR Newswire LONDON, November 7, 2013 LONDON, November 7, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. On Wednesday, November 06, 2013, the U.S. equity market ended on a mixed note. The S&P 500 and the Dow Jones Industrial Average gained 0.43% and 0.82%, respectively, while the NASDAQ Composite fell by 0.20%. Shares in the oil and gas drilling and exploration industry ended on mixed note, tracking the broader market. The major movers in the industry included Petroleo Brasileiro S.A. (NYSE: PBR), Hercules Offshore Inc. (HERO), Helmerich & Payne Inc. (NYSE: HP), and W&T Offshore Inc. (NYSE: WTI). All these companies are tracked by AAAResearchReports.com. Free technical research on PBR, HERO, HP, and WTI can be downloaded upon signing up at: http://www.aaaresearchreports.com/register/ Shares in Petroleo Brasileiro S.A. traded between $16.95 and $17.14 before finishing the day 0.89% higher at $17.06. A total of 11.94 million shares were traded, which is below the daily average volume of 16.82 million. The company's shares have gained 8.66% in the last one month and 26.75% in the previous three months, outperforming the S&P 500, which has gained 4.73% and 4.31% during the respective periods. Further, Petroleo Brasileiro S.A.'s stock is trading above its 50-day and 200-day moving averages of $15.62 and $15.98, respectively. Sign up and read the complimentary report on PBR at: http://www.AAAResearchReports.com/PBR110713.pdf Hercules Offshore Inc.'s stock edged higher on Wednesday, even as the broader market ended on a mixed note. The company's shares closed the day 0.38% higher at $6.58, after vacillating between $6.40 and $6.69. A total of 3.48 million shares were traded, which is above the daily average volume of 2.10 million. Despite Wednesday's gains, the company's shares have fallen by 1.64% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.50% during the same period. Additionally, Hercules Offshore Inc.'s stock is trading below its 50-day and 200-day moving averages of $7.30 and $7.13, respectively. The free report on HERO can be downloaded by signing up now at: http://www.AAAResearchReports.com/HERO110713.pdf On Wednesday, Helmerich & Payne Inc.'s stock posted losses to close at $77.65, down 0.17% from the previous day's closing price of $77.78. The company's shares vacillated between $77.04 and $78.52 during the trading session. A total of 0.71 million shares were traded, which is below the daily average volume of 1.01 million. Despite Wednesday's losses, the company's shares have gained 5.36% in the last one month and 16.98% in the previous three months, outperforming the S&P 500, which has gained 4.73% and 4.31% during the respective periods. Furthermore, Helmerich & Payne Inc.'s stock is trading near its 52-week high of $79.12 and above its 50-day and 200-day moving averages of $71.22 and $65.28, respectively. A free report on HP can be accessed by registering at: http://www.AAAResearchReports.com/HP110713.pdf W&T Offshore Inc.'s shares fluctuated between $18.74 and $19.87 before ending Wednesday's session 0.99% lower at $18.99. A total of 0.64 million shares were traded, which is above the daily average volume of 0.55 million. Despite Wednesday's pullback, the company's shares have gained 0.32% in the previous three trading sessions and 10.92% in the last three months, compared to a gain of 0.50% and 4.31% in the S&P 500 during the respective periods. Moreover, W&T Offshore Inc.'s stock is trading above its 50-day and 200-day moving averages of $17.98 and $15.72, respectively. Register with AAA Research Reports and download research on WTI for free at: http://www.AAAResearchReports.com/WTI110713.pdf EDITOR NOTES: 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to making mistakes. If you notice any errors or omissions, please notify us below. 3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5. 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