Pre-Market Analysis: Baker Hughes Inc., Cameron Intl. Corp., Precision
Drilling Corp., and Oil States Intl. Inc.
Editor Note: For more information about this release, please scroll to bottom.
LONDON, November 11, 2013
LONDON, November 11, 2013 /PRNewswire/ --
The U.S. equity market surged on Friday, November 08, 2013. All three
benchmark indexes posted gains, with the S&P 500, the Dow Jones Industrial
Average, and the NASDAQ Composite gaining 1.34%, 1.08% and 1.60%,
respectively. Shares in the oil and gas equipment and services industry
finished on a higher note, tracking gains in the broader market. The major
movers in the industry included Baker Hughes Inc. (NYSE: BHI), Cameron
International Corp. (NYSE: CAM), Precision Drilling Corp. (NYSE: PDS), and Oil
States International Inc. (NYSE: OIS). All these companies are tracked by
AAAResearchReports.com. Free technical research on BHI, CAM, PDS, and OIS can
be downloaded upon signing up at:
Baker Hughes Inc.'s stock surged 3.48% on Friday, finishing the day at $57.92
after fluctuating between $56.04 and $57.95 during the trading session. A
total of 5.42 million shares were traded, which is above the daily average
volume of 3.69 million. The company's shares have surged 22.09% in the
previous three months and 16.68% in the last one month, outperforming the S&P
500, which has gained 4.68% and 3.96% during the respective periods.
Furthermore, Baker Hughes Inc.'s stock is trading near its 52-week high of
$58.83 and also above its 50-day and 200-day moving averages of $52.04 and
$47.69, respectively. Sign up and read the complimentary report on BHI at:
On Friday, Cameron International Corp.'s stock posted gains to end the day at
$54.65, which is 2.57% higher than the previous day's closing price of $53.28.
The company's shares vacillated between $53.26 and $54.70 during the trading
session. A total of 2.87 million shares were traded, which is below the daily
average volume of 3.22 million. The company's shares have gained 1.24% in the
previous three trading sessions, outperforming the S&P 500, which has gained
0.43% during the same period. However, Cameron International Corp.'s stock is
trading below its 50-day and 200-day moving averages of $59.08 and $61.36,
respectively. The free report on CAM can be downloaded by signing up now at:
Precision Drilling Corp.'s stock advanced 1.00% on Friday, tracking gains in
the broader market. The company's shares closed the day at $10.07 after
oscillating between $9.90 and $10.11 during the trading session. A total of
0.63 million shares were traded, which is below the daily average volume of
0.82 million. Despite Friday's gains, the company's shares have fell by 1.08%
in the previous one month, underperforming the S&P 500, which has advanced
3.96% during the same period. Additionally, Precision Drilling Corp.'s stock
is trading above its 200-day moving average of $9.27. A free report on PDS can
be accessed by registering at:
Shares in Oil States International Inc. gained 1.43% on Friday, closing the
day at $106.70, after fluctuating between $105.19 and $107.36 during the
trading session. A total of 0.53 million shares were traded, which is below
the daily average volume of 0.63 million. Oil States International Inc.'s
stock has gained 14.47% in the previous three months, compared to a gain of
4.68% in the S&P 500 during the same period. Moreover, the company's stock is
trading above its 50-day and 200-day moving averages of $104.07 and $91.60,
respectively. Register with AAA Research Reports and download research on OIS
for free at:
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 make 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
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
5.For any urgent concerns or inquiries, please contact us at
6.Are you a public company? Would you like to see similar coverage on your
company? Send us a full investors' package to
research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This
document, article or report is prepared and authored by Equity News Network.
An outsourced research services provider represented by Ananya Ghosh, CFA, has
only reviewed the information provided by Equity News Network in this article
or report according to the Procedures outlined by Equity News Network. Equity
News Network is not entitled to veto or interfere in the application of such
procedures by the outsourced provider to the articles, documents or reports,
as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the
accuracy or completeness or fitness for a purpose (investment or otherwise),
of the information provided in this document. This information is not to be
construed as personal financial advice. Readers are encouraged to consult
their personal financial advisor before making any decisions to buy, sell or
hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is 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 by Equity News Network whatsoever for any direct,
indirect or consequential loss arising from the use of this document. Equity
News Network expressly disclaims any fiduciary responsibility or liability for
any consequences, financial or otherwise arising from any reliance placed on
the information in this document. Equity News Network does 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.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA
SOURCE AAA Research Reports
Contact: :+ 1 (646) 396-9126: Peter F. Jones: firstname.lastname@example.org
Press spacebar to pause and continue. Press esc to stop.