How These Oil & Gas Stocks are Faring? -- Patterson-UTI Energy, Penn West Petroleum, Ocean Rig UDW, and RSP Permian

NEW YORK, January 12, 2017 /PRNewswire/ --

On Wednesday, January 11, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Eight out of nine sectors ended Wednesday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, Stock-Callers.com assessed the following Oil & Gas Drilling & Exploration equities this morning: Patterson-UTI Energy Inc. (NASDAQ: PTEN), Penn West Petroleum Ltd (NYSE: PWE), Ocean Rig UDW LLC (NASDAQ: ORIG), and RSP Permian Inc. (NYSE: RSPP). Download the free research reports on these stocks today:

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Patterson-UTI Energy  

Houston, Texas headquartered Patterson-UTI Energy Inc.'s stock finished Wednesday's session 0.14% lower at $28.22 with a total volume of 3.77 million shares traded. Over the last one month and the previous three months, Patterson-UTI Energy's shares have gained 0.18% and 16.07%, respectively. Furthermore, the stock has rallied 116.85% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 10.53% and 32.42%, respectively. 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 a Relative Strength Index (RSI) of 62.29.

On January 04^th, 2017, research firm Credit Suisse upgraded the Company's stock rating from 'Underperform' to 'Neutral'. See our free and comprehensive research report on PTEN at:

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Penn West Petroleum  

On Wednesday, shares in Calgary, Canada headquartered Penn West Petroleum Ltd ended the session flat at $1.92 with a total volume of 1.31 million shares traded. Penn West Petroleum's shares have advanced 6.08% in the last one month and 1.59% in the previous three months. Furthermore, the stock has rallied 225.42% in the past one year. The stock is trading 11.98% above its 50-day moving average and 34.38% above its 200-day moving average. Moreover, shares of the Company, which explores for, develops, and produces oil and natural gas properties in western Canada, have an RSI of 61.88. PWE free research report PDF is just a click away at:

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Ocean Rig UDW  

On Wednesday, shares in Houston, Texas-based Ocean Rig UDW LLC recorded a trading volume of 982,512 shares. The stock ended the day 2.27% higher at $1.80. Shares of the Company, which operates as a subsidiary of Ocean Rig UDW Inc., are trading at a PE ratio of 0.50. Ocean Rig UDW's stock has surged 95.65% in the previous three months and 42.86% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 13.59% and 11.06%, respectively. Furthermore, Ocean Rig UDW's shares have an RSI of 52.76. Sign up for your complimentary report on ORIG at:

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RSP Permian  

Dallas, Texas headquartered RSP Permian Inc.'s stock edged 0.91% lower, to close the day at $43.40. The stock recorded a trading volume of 2.76 million shares, which was above its three months average volume of 2.36 million shares. RSP Permian's shares have gained 3.98% in the last three months and 108.55% in the past one year. The Company's shares are trading 2.80% and 17.31% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which engages in the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas, have an RSI of 45.27.

On December 19^th, 2016, research firm Guggenheim upgraded the Company's stock rating from 'Neutral' to 'Buy'. Register for free on Stock-Callers.com and download the latest research report on RSPP at:

http://stock-callers.com/registration/?symbol=RSPP

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