|Day Low/High||18.63 / 19.18|
|52 Wk Low/High||14.18 / 26.72|
Oil services stocks are mired in bear market territory.
Shares of Murphy Oil slid Monday as crude oil prices dropped to $40 a barrel.
Crude oil was deadweight for Wall Street on Monday as continued worries over an international supply glut kept commodity traders bearish.
The S&P 500 and Dow Jones Industrial Average extend their declines by early afternoon Monday as crude oil prices threaten to break below $40.
Stocks turn higher by late morning Monday as a rally in health care names outweighs losses in the energy sector.
Trade-Ideas LLC identified Diamond Offshore Drilling (DO) as a weak on high relative volume candidate
The S&P 500 is on track to open around record closing highs on Monday as stock futures inch higher.
Diamond Offshore Drilling (DO) stock is advancing in pre-market trading this morning after the company posted better-than-expected second quarter results before Monday's market open.
In an increasingly uncertain investment climate that's getting buffeted by presidential politics, here are the salient events in the days ahead.
Offshore drilling stocks are witnessing their worst nightmares come to life. Diamond Offshore Drilling is no exception. Here is why it is a stock to avoid.
The volatile energy sector continues to taunt investors seeking a turnaround. As prices dip again, Diamond Offshore is riskier than analysts suggest.
Chipotle, Wendy's on the bull side and gold stocks on the bear side.
Trade-Ideas LLC identified Diamond Offshore Drilling (DO) as a strong on high relative volume candidate
Performance varies. McDermott continues to outperform crude oil, while Noble and Tidewater remain in bear market territory.
The day of buyers loading into the market has arrived, but don’t get too comfortable.
A jump in crude prices is the chief driver behind the market's gains Tuesday.
While a possible slowdown in the U.K. economy isn't expected to have a big effect on oil prices, a stronger dollar already is for an industry plagued by uncertainty.
The driller has suffered a significant multiyear decline, and typically a big decline needs a long repair process.
The most recent short interest data has been released for the 05/31/2016 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Unlike McDermott and Diamond Offshore, competitors Noble, Transocean and Tidewater have plunged into bear market territory.
Shares of Southwestern Energy jumped more than six percent in midday trading Tuesday along with industry peer Williams Companies, amid a rally in natural gas prices.