How These Oil & Gas Stocks are Performing? -- Diamond Offshore Drilling, W&T Offshore, Ocean Rig, and Patterson UTI Energy

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

If you want a Stock Review on DO, WTI, ORIG, or PTEN then come over to and sign up for your free customized report today. On Friday, August 25, 2017, the Dow Jones Industrial Average and the S&P 500 edged 0.14% and 0.17% higher, respectively at the closing bell, while the NASDAQ Composite stayed bearish, finishing marginally lower by 0.09%. Seven out of nine sectors ended Friday's trading session in bullish territories. Taking into consideration Friday's market sentiment, assessed the following Oil & Gas Drilling & Exploration equities this morning: Diamond Offshore Drilling Inc. (NYSE: DO), W&T Offshore Inc. (NYSE: WTI), Ocean Rig UDW Inc. (NASDAQ: ORIG), and Patterson-UTI Energy Inc. (NASDAQ: PTEN). Learn more about these stocks by registering for free on and accessing the complimentary research reports at:

Diamond Offshore Drilling 

On Friday, shares in Houston, Texas headquartered Diamond Offshore Drilling Inc. recorded a trading volume of 2.48 million shares. The stock ended at $11.38, rising 2.25% from the last trading session. The stock is trading above its 50-day moving average by 1.12%. Furthermore, shares of Diamond Offshore Drilling, which provides contract drilling services to the energy industry worldwide, have a Relative Strength Index (RSI) of 52.70.

On August 25th, 2017, research firm RBC Capital Markets upgraded the Company's stock rating from 'Underperform' to 'Sector Perform', with a target price of $15 per share. See our free and comprehensive research report on DO at:

W&T Offshore 

Houston, Texas headquartered W&T Offshore Inc.'s stock finished last Friday session 1.05% higher at $1.92. A total volume of 1.91 million shares was traded, which was above their three months average volume of 1.56 million shares. The Company's shares have gained 5.49% in the last twelve months. The stock is trading below its 50-day moving average by 2.00%. Furthermore, shares of W&T Offshore, which engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico, have an RSI of 49.14. WTI free research report PDF is just a click away at:

Ocean Rig 

At the close of trading on Friday, shares in Houston, Texas-based Ocean Rig UDW Inc. saw a decline of 2.35%, ending the day at $0.16. The stock recorded a trading volume of 288,501 shares. The stock is trading below its 50-day moving average by 11.82%. Moreover, shares of Ocean Rig UDW, which operates as a subsidiary of Ocean Rig UDW Inc., have an RSI of 38.92. Sign up for your complimentary report on ORIG at:

Patterson UTI Energy 

Houston, Texas headquartered Patterson-UTI Energy Inc.'s shares ended the day 3.87% higher at $15.85 with a total trading volume of 3.70 million shares. The Company's shares are trading below their 50-day moving average by 16.21%. Additionally, shares of Patterson-UTI Energy, which through its subsidiaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the US and Canada, have an RSI of 33.97. Register for free on and download the latest research report on PTEN at:


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