|Day Low/High||0.00 / 0.00|
|52 Wk Low/High||7.77 / 20.87|
Rowan Companies (NYSE:RDC) hit a new 52-week high Monday as it changed hands at $39.04 compared with its previous 52-week high of $39. Rowan Companies is currently trading at $39.03 with 2.8 million shares changing hands as of 3:47 p.m..
Energy stocks have posted middling gains this year. But these have risen up to 73%.
American Eagle Outfitters is upgraded from Neutral to Buy at Janney Montgomery on strong inventory control and good Black Friday sales.
Oil contracts rise on Wednesday ahead of two key reports this week on crude oil inventory levels.
The acquisition by offshore driller Noble of a privately held drilling company is the boldest move made during the BP oil spill crisis.
Oil drilling stocks continue to take a beating, even after a federal ban on offshore oil drilling is reversed by a U.S. District Court.
From reports of a shallow-water drilling ban to the buzz term de rigueur of the BP oil spill -- force majeure -- there was lots of offshore drilling stock news to digest on Thursday.
Several stocks trading near $5, including Hercules Offshore, were poised to move on above-average volume Thursday.
The rally in shares of BP and Transocean on Thursday fails on Friday as the BP top kill seems an uncertain bid to stop the out of control oil spill in the Gulf of Mexico.
Oil drilling stocks rally on the news that President Obama supports offshore drilling, but is the political event reason for a sustained rally?
May crude gained nearly 2% to settle at $83.76 despite a government report showing crude stockpiles rose by 2.9 million barrels for the week ending March 26, topping a Platts estimate forecasting a 2.65 million-barrel buildup.
The April delivery crude contract lost 96 cents, or 1.2%, to settle at $78.70, after trading as high as $80.62.
Rowan 4Q profit falls, but shares spike on growing demand for drilling rigs
Rowan Companies downgraded to 'Sell' on stock price appreciation, fleet status
Guests include Nick Galluccio, portfolio manager for the GAMCO Westwood SmallCap Equity fund, John March, Superior Gold Group Analyst, Deborah Danielson, President of the Danielson Financial Group and Sean O'Hara, President of RevenueShares.
Crude is slumping today, while oil services announce mixed quarterly results.
Rowan Companies stock slips as Credit Suisse downgrades and calls it 'expensive'
Mississippi's LeTourneau Technologies to sell some rig equipment under Vietnam contract
LeTourneau to sell some rig equipment under Vietnam contract
Surging oil prices, uptick in drilling activity give hefty boost to oilfield services sector
Transocean rigs might sit idle as oil and gas producers cut capital spending this year.
Analyst upgrades offshore drillers on rising activity, expectations for recovery
Shares of oil services companies fall amid commodity price uncertainty, dim outlook
Oil driller Rowan cuts costs, boosts revenue to improve 1Q profit
Analyst downgrades Transocean shares on expected decline in dayrates, earnings
Outgoing Rowan CEO McNease gets $4.6 million in 2008, slightly more than 2007
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