|Day Low/High||11.35 / 11.80|
|52 Wk Low/High||8.78 / 21.92|
Crude oil set a new 2016 high in October, as Diamond Offshore, Noble, Transocean and Tidewater continued to trade lower.
Diamond Offshore (DO) reported third-quarter revenue below analysts' projections.
Industry followers continue to see M&A as a way to fuel a turnaround for the beaten down space, and are now looking for first movers with oil above $50.
McDermott is the one winner in the oil-services sector, the charts show.
All the major market benchmarks fell on Tuesday, but a few stocks posted even bigger declines. Should investors make changes to their positions as a result?
Oil prices were boosted today following a larger-than-expected decrease in U.S. crude supplies.
Here's what to do with four of our suggested trades still open.
The company has a relatively young, high-spec rig fleet and 50 years' experience drilling shallow-to-ultra-deepwater wells for explorers and producers, particularly internationally.
Growing crude supplies and continued aggressive drilling globally are negative signs for energy stocks.
The most recent short interest data has been released for the 08/31/2016 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.
Diamond Offshore, Noble, Transocean and Tidewater are deep in bear market territory.
Jim Cramer shares his views on one-track minds. Apple, Costco and Amazon are among the stocks discussed.
U.S. energy stocks were among the market's biggest losers.
Stocks are falling on Friday as the odds of a September rate hike increase amid hawkish Federal Reserve commentary.
When the market decides only one thing is working, that makes things treacherous for everyone else,
When you have a market that thinks only one thing is working and it doesn't bother with anything else, you have a market that's more treacherous than it seems.
Diamond Offshore Drilling (DO) announced on Thursday that a subsidiary's contract with Petrobras (PBR) has been terminated early and the company plans to defend the original agreement.
AIR, DO, MLNX, HALL and MYGN were all recently downgraded by TheStreet's Quant Ratings.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: ARCO, BOCH, CPSS, CSTE, INFO, NWSA, NXPI, PII, SMRT, TEDU, TOL, WCIC Downgrades: DO, LNN, MLNX, NGS, TPRE, VRTU Initiations: BW Read on to get TheStreet Quant Ratings' detailed report:
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.
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