Oil & Gas Drilling & Exploration Stocks Under Review -- Rowan Cos., Patterson-UTI Energy, Helmerich & Payne, and Diamond Offshore Drilling

NEW YORK, NY / ACCESSWIRE / February 3, 2016 / Park Lane Advisor has initiated coverage on the following equities: Rowan Companies PLC (NYSE: RDC), Patterson-UTI Energy Inc. (NASDAQ: PTEN), Helmerich & Payne Inc. (NYSE: HP), and Diamond Offshore Drilling Inc. (NYSE: DO). Free research report on Rowan Cos. can be accessed at http://www.parklaneadvisor.com/ On Tuesday, February 02, 2016, the NASDAQ Composite ended at 4,516.95, down 2.24%, the Dow Jones Industrial Average declined 1.80%, to finish the day at 16,153.54, and the S&P 500 closed at 1,903.03, down 1.87%. Register for your complimentary reports at the links given below. 

Rowan Cos. PLC's stock finished Tuesday's session 6.64% lower at $11.53. A total of 3.31 million shares were traded, which was below its three months average volume of 3.68 million shares. The company's shares are trading below their 50-day and 200-day moving averages by 29.94% and 37.66%, respectively. Rowan Cos. PLC's stock has a Relative Strength Index (RSI) of 31.46. Sign up and read the free notes on RDC at:

http://www.parklaneadvisor.com/

On Tuesday, shares in Patterson-UTI Energy Inc. ended the session 6.30% lower at $12.49. The stock reported a trading volume of 5.66 million shares, above its three months average volume of 5.06 million shares. The company is trading 13.23% below its 50-day moving average and 24.45% below its 200-day moving average. Moreover, shares of Patterson-UTI Energy Inc. have an RSI of 44.42. The complimentary notes on PTEN can be downloaded in PDF format at: 

http://www.parklaneadvisor.com/

Helmerich & Payne Inc.'s stock declined 6.61%, to close the day at $46.63. The stock recorded a trading volume of 2.88 million shares, above its three months average volume of 2.50 million shares. The company's shares are trading 9.35% below their 50-day moving average. Additionally, Helmerich & Payne Inc. traded at a PE ratio of 12.08 and has an RSI of 45.23. Register for free on Park Lane Advisor and access the latest research on HP at: 

http://www.parklaneadvisor.com/

On Tuesday, shares in Diamond Offshore Drilling Inc. recorded a trading volume of 4.26 million shares, higher than their three months average volume of 2.72 million shares. The stock ended the day 5.12% lower at $17.42. Shares of the company traded at a PE ratio of 34.16. The company is trading below its 50-day and 200-day moving averages by 13.23% and 25.68%, respectively. Furthermore, shares of Diamond Offshore Drilling Inc. have an RSI of 43.91. The complete research on DO is available for free at: 

http://www.parklaneadvisor.com/

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