Technical Dimensions to the Market: Petroleo Brasileiro, Hercules Offshore, Helmerich & Payne, and W&T Offshore

 Technical Dimensions to the Market: Petroleo Brasileiro, Hercules Offshore,
                     Helmerich & Payne, and W&T Offshore

PR Newswire

LONDON, December 30, 2013

LONDON, December 30, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

On Friday, December 27, 2013, the US equity market closed on a lower note. The
S&P 500 ended the day at 1,841.40, down 0.03%; the Dow Jones Industrial
Average closed at 16,478.41, down 0.01%; and the NASDAQ Composite finished at
4,156.59, down 0.25%. The S&P 500 Energy Sector Index edged 0.49% higher to
end the day at 650.97; the Energy Equipment & Services Industry Index closed
the day at 618.67, up 0.55% and the Oil, Gas and Consumable Fuels Industry
Group Index edged 0.47% higher to close the day at 667.13. The S&P 500 Energy
Sector Index has advanced 2.89% in the last one month and 7.62% in the
previous three months, compared to a gain of 1.97% and 9.51% in the S&P 500
during the respective periods. The major movers in the industry included
Petroleo Brasileiro S.A. (NYSE: PBR), Hercules Offshore Inc. (NASDAQ: HERO),
and 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/ 

On Friday, shares in Petroleo Brasileiro S.A. advanced to end the day at
$13.67, up 1.26% from the previous day's closing price of $13.50. The
company's shares oscillated between $13.38 and $13.69 during the trading
session. A total of 11.54 million shares were traded, which is below the daily
average volume of 16.16 million. Despite Friday's gains, the company's shares
have fallen by 14.24% in the last one month and 11.23% in the previous three
months, underperforming the S&P 500, which has advanced 1.97% and 9.51% during
the respective periods. Furthermore, Petroleo Brasileiro S.A.'s stock is
trading below its 50-day and 200-day moving averages of $15.55 and $15.69,
respectively. Sign up today to read free research report on PBR at:

http://www.AAAResearchReports.com/PBR123013.pdf

Hercules Offshore Inc.'s stock advanced on Friday, even as the broader market
posted losses. The company's shares finished the day 1.26% higher at $6.45,
after trading between $6.34 and $6.56. A total of 1.59 million shares were
traded, which is below the daily average volume of 2.56 million. The company's
shares have gained 1.42% in the previous three trading sessions and 0.94% in
the last one month, compared to a gain of 0.73% and 1.97% in the S&P 500
during the respective periods. Additionally, Hercules Offshore Inc.'s stock is
trading below its 50-day and 200-day moving averages of $6.63 and $7.06,
respectively. Register to download free technical analysis on HERO at:

http://www.AAAResearchReports.com/HERO123013.pdf

Shares in Helmerich & Payne Inc. edged higher on Friday, hitting a new 52-week
high of $84.16. The company's closed the day at $83.96, up 0.99% from the
previous day's closing price of $83.14. A total of 0.94 million shares were
traded, which is below the daily average volume of 1.01 million. The company's
shares have gained 9.04% in the last one month and 21.56% in the previous
three months, outperforming the S&P 500, which has gained 1.97% and 9.51%
during the respective periods. Furthermore, Helmerich & Payne Inc.'s stock is
trading above its 50-day and 200-day moving averages of $78.74 and $67.96,
respectively. A free report on HP can be accessed by registering at:

http://www.AAAResearchReports.com/HP123013.pdf

On Friday's, shares in W&T Offshore Inc. ended the day at $16.30, which is
1.88% higher than the previous day's closing price of $16.00. The company's
shares vacillated between $15.82 and $16.49 during the trading session. A
total of 0.38 million shares were traded, which is below the daily average
volume of 0.64 million. The company's shares have gained 2.71% in the previous
three trading sessions, outperforming the S&P 500, which has advanced 0.73%
during the same period. Moreover, W&T Offshore Inc.'s stock is trading above
its 200-day moving average of $15.41. Register with AAA Research Reports and
download the research on WTI for free at:

http://www.AAAResearchReports.com/WTI123013.pdf

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