Technical Research on Oil and Gas Equities -- Cenovus Energy, Enerplus, Helmerich & Payne, and Pioneer Energy Services

NEW YORK, August 10, 2017 /PRNewswire/ --

If you want a Stock Review on CVE, ERF, HP, or PES then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. This morning's focus is on the Oil and Gas Drilling and Exploration space, which is engaged in contract-based drilling services such as directional drilling, well drilling, and reconditioning of oil and gas field wells. Ahead of today's trading session, DailyStockTracker.com monitors Cenovus Energy Inc. (NYSE: CVE), Enerplus Corp. (NYSE: ERF), Helmerich & Payne Inc. (NYSE: HP), and Pioneer Energy Services Corp. (NYSE: PES). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:

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Cenovus Energy 

On Wednesday, shares in Calgary, Canada headquartered Cenovus Energy Inc. recorded a trading volume of 5.07 million shares. The stock ended the day at $8.20, declining 1.44% from the last trading session. The Company's shares have advanced 14.85% in the past month. The stock is trading above its 50-day moving average by 4.99%. Furthermore, shares of Cenovus Energy, which develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, have a Relative Strength Index (RSI) of 53.89.

On July 19^th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'.

On July 27^th, 2017, Cenovus Energy reported Q2 2017 results. For Q2 2017, operating margin was $778 million; cash from operating activities was $1.2 billion; operating earnings were $398 million; and net earnings were $2.6 billion. The Company ended the quarter with total liquidity of about $5 billion comprised of cash and cash equivalents of approximately $489 million as well as $4.5 billion in undrawn capacity under its committed credit facility and no long-term fixed debt maturities until Q4 2019. Sign up and read the free research report on CVE at:

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Enerplus 

Calgary, Canada headquartered Enerplus Corp.'s stock saw a drop of 1.71%, finishing yesterday's session at $8.63 with a total trading volume of 1.08 million shares. The Company's shares have gained 5.76% in the last month and 7.34% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 3.63% and 3.85%, respectively. Additionally, shares of Enerplus, which together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the US and Canada, have an RSI of 49.76.

On July 11^th, 2017, research firm CapitalOne initiated an 'Overweight' rating on the Company's stock, with a target price of $13 per share.

On July 20^th, 2017, Enerplus announced that a cash dividend in the amount of CDN$0.01 per share will be payable on August 15^th, 2017, to all shareholders of record at the close of business on July 31^st, 2017. The ex-dividend date for this payment is July 27^th, 2017. The complimentary research report on ERF can be downloaded at:

http://dailystocktracker.com/registration/?symbol=ERF

Helmerich & Payne 

Shares in Tulsa, Oklahoma headquartered Helmerich & Payne Inc. ended the session 0.17% higher at $46.48. The stock recorded a trading volume of 2.17 million shares. The Company's shares are trading 12.57% below their 50-day moving average. Moreover, shares of Helmerich & Payne, which engages in the contract drilling of oil and gas wells, have an RSI of 28.56.  

On July 27^th, 2017, Helmerich & Payne reported a net loss of $22 million, or $(0.21) per diluted share, from operating revenues of $499 million for Q3 FY17. Net cash provided by operating activities for the quarter was $90 million. Additionally, US land operations contracted rig count increased by 22 rigs from March 31^st, 2017, to June 30^th, 2017 and by 95 rigs from September 30^th, 2016, to June 30^th, 2017.

On July 31^st, 2017, research firm Iberia downgraded the Company's stock rating from 'Outperform' to 'Sector Perform'. Register for free on DailyStockTracker.com and access the latest report on HP at:

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Pioneer Energy Services 

At the closing bell on Wednesday, San Antonio, Texas-based Pioneer Energy Services Corp.'s stock rose 2.33%, finishing at $2.20. A total volume of 379,425 shares was traded. The Company's shares have gained 4.76% in the last month. The stock is trading 0.27% above its 50-day moving average. Additionally, shares of Pioneer Energy Services, which provides land-based drilling and production services to oil and gas exploration and production companies in the US and Colombia, have an RSI of 48.55.  

On August 01^st, 2017, Pioneer Energy Services reported financial and operating results for the quarter ended June 30^th, 2017. Revenues for Q2 2017 were $107.1 million, net loss was $20.2 million, and adjusted EBITDA was $12.9 million. Revenue for the Production Services Segment was $68.4 million, and revenue for the Drilling Services Segment was $38.8 million for the quarter. Get free access to your research report on PES at:

http://dailystocktracker.com/registration/?symbol=PES

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