NEW YORK, November 28, 2017 /PRNewswire/ --

In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on AROC, BAS, HAL, and HOS which is a click away at http://www.wallstequities.com/registration . Pre-market today, WallStEquities.com recalls the most recent performance of these four Oil and Gas Equipment and Services companies: Archrock Inc. (NYSE: AROC), Basic Energy Services Inc. (NYSE: BAS), Halliburton Co. (NYSE: HAL), and Hornbeck Offshore Services Inc. (NYSE: HOS). According to the report by Zion Market Research, the global Oilfield Services market is expected to reach $127.31 billion by 2022, growing at a CAGR of 3.8% between 2017 and 2022 on account of increasing consumption of oil and gas resources. See what Wall St. Equities' research desk has to say about these stocks, join our members and enjoy of your free research reports at:

http://www.wallstequities.com/registration

Archrock 

On Monday, shares in Houston, Texas headquartered Archrock Inc. saw a drop of 3.61%, ending the day at $9.35. The stock recorded a trading volume of 497,672 shares, which was above its three months average volume of 478,980 shares. The Company's shares are trading below their 50-day moving average by 18.91%. Moreover, shares of Archrock, which provides natural gas contract compression services to customers in the oil and natural gas industry in the US, have a Relative Strength Index (RSI) of 28.02.

On November 02nd, 2017, Archrock reported Q3 2017 results. Net loss for Q3 2017 was $12.7 million, adjusted EBITDA was $62.4 million, and contract operations revenue was $153.5 million. Aftermarket services revenue for the quarter was $44.3 million; SG&A expenses were $29.1 million; and cash available for dividend was $7.5 million. Looking for insightful coverage on AROC sign up for free at:

http://www.wallstequities.com/registration/?symbol=AROC


Basic Energy Services 

Shares in Fort Worth, Texas headquartered Basic Energy Services Inc. ended the day 2.34% lower at $20.83 with a total trading volume of 328,929 shares. In the last month and the previous three months, the stock has surged 25.48% and 42.38%, respectively. The Company's shares are trading above their 50-day moving average by 9.57%. Furthermore, shares of Basic Energy Services, which provides well site services to oil and natural gas drilling and producing companies in the US, have an RSI of 53.44.  

On November 02nd, 2017, Basic Energy Services announced its results for the quarter ended September 30th, 2017. Revenue for Q3 2017 increased to $233.5 million, net loss was $13.8 million, and adjusted EBITDA increased to $26.5 million. On September 30th, 2017, the Company had cash and cash equivalents of approximately $43.1 million, and total liquidity was approximately $74 million. Today's complimentary research report on BAS is accessible at:


http://www.wallstequities.com/registration/?symbol=BAS


Halliburton 

At the close of trading on Monday, shares in Houston, Texas-based Halliburton Co. finished 1.23% lower at $41.07 with a total trading volume of 5.38 million shares. The stock has advanced 5.88% over the previous three months. The Company's shares are trading below their 50-day moving average by 5.90%. Additionally, shares of Halliburton, which provides a range of services and products to the upstream oil and natural gas industry worldwide, has an RSI of 33.97.  

On November 03rd, 2017, Halliburton announced that its Board of Directors has declared a Q4 2017 dividend of $0.18 a share on the Company's common stock, payable on December 28th, 2017 to shareholders of record at the close of business on December 07th, 2017. Register now for your free research document on HAL at:

http://www.wallstequities.com/registration/?symbol=HAL


Hornbeck Offshore Services 

Covington, Louisiana headquartered Hornbeck Offshore Services Inc.'s shares recorded a trading volume of 182,181 shares at the end of yesterday's session. The stock closed the day 1.05% lower at $3.77. The Company's shares have advanced 1.89% in the past month and 42.80% in the previous three months. The stock is trading above its 200-day moving average by 13.33%. Additionally, shares of the Company, which together with its subsidiaries, provides marine transportation, subsea installation, and accommodation support services to exploration and production, oilfield service, offshore construction, and the US military customers, have an RSI of 44.45.

On November 01st, 2017, Hornbeck Offshore Services announced its results for the quarter ended September 30th, 2017. Net loss for Q3 2017 was $(19.0) million, revenues were $53.7 million, and EBITDA was $10.6 million. Operating expenses for the quarter were $30.1 million, and interest expense was $12.0 million. Click on the link below and see our free report HOS at:

http://www.wallstequities.com/registration/?symbol=HOS

--

Wall St. Equities: 

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

WSE, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do 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. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

https://wallstequities.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@wallstequities.com
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Wall St. Equities

Copyright 2017 PR Newswire

Hornbeck Offshore Services (NYSE:HOS)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Hornbeck Offshore Services Charts.
Hornbeck Offshore Services (NYSE:HOS)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Hornbeck Offshore Services Charts.