Morning Analysis on Oil and Gas Drilling and Exploration Equities -- Vantage Drilling, Hercules Offshore, Rowan Cos., Ocean Rig UDW, and Concho Resources

NEW YORK, July 28, 2015 /PRNewswire/ --

Equity Research Institute has initiated coverage on the following equities: Vantage Drilling Company (AMEX: VTG), Hercules Offshore Inc. (NASDAQ: HERO), Rowan Companies PLC (NYSE: RDC), Ocean Rig UDW Inc. (NASDAQ: ORIG), and Concho Resources Inc. (NYSE: CXO). Free research report on Vantage Drilling can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=VTG On Monday, July 27, 2015, the NASDAQ Composite ended at 5,039.78, down 0.96%, the Dow Jones Industrial Average lost 0.73%, to finish the day at 17,440.59, and the S&P 500 closed at 2,067.64, down 0.58%. The losses were broad based as eight out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.  

Vantage Drilling Co.'s stock finished Monday's session 4.90% higher at $0.15. A total of 0.97 million shares were traded, which was much below its three months average volume of 3.56 million shares. Over the last one month and the previous three months, Vantage Drilling Co.'s shares have plummeted 16.30% and 60.17%, respectively. Additionally, the stock has declined 68.49% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 42.59% and 67.77%, respectively. Vantage Drilling Co.'s stock traded at a PE ratio of 1.28 and has a Relative Strength Index (RSI) of 35.70. Sign up and read the free notes on VTG at:

https://www.EquityResearchInstitute.com/reports?keyword=VTG

On Monday, shares in Hercules Offshore Inc. ended the session 8.79% lower at $0.14. Hercules Offshore Inc.'s stock reported a trading volume of 2.68 million shares, below its three months average volume of 3.43 million shares. Hercules Offshore Inc.'s shares have declined 50.00% in the last one month, 80.56% in the previous three months and 86.00% on YTD basis. The stock is trading 69.58% below its 50-day moving average and 83.79% below its 200-day moving average. Moreover, shares of Hercules Offshore Inc. have an RSI of 22.80. The complimentary notes on HERO can be downloaded in PDF format at:

https://www.EquityResearchInstitute.com/reports?keyword=HERO

Rowan Cos. PLC's stock declined 1.85%, to close the day at $16.48. The stock recorded a trading volume of 2.13 million shares, below its three months average volume of 2.91 million shares. Over the last one month and over the past three months, Rowan Cos. PLC's shares have declined 20.23% and 13.60%, respectively. Furthermore, the stock has lost 28.68% since the start of this year. The company's shares are trading 20.56% below their 50-day moving average. Additionally, Rowan Cos. PLC has an RSI of 26.85. Register for free on Equity Research Institute and access the latest research on RDC at:

https://www.EquityResearchInstitute.com/reports?keyword=RDC

On Monday, shares in Ocean Rig UDW Inc. recorded a trading volume of 0.86 million shares, lower than their three months average volume of 1.57 million shares. The stock ended the day 4.66% lower at $3.89. Shares of the company traded at a PE ratio of 1.70. Ocean Rig UDW Inc.'s stock has lost 30.16% in the last one month, 41.75% in the previous three months and 56.02% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 37.10% and 52.93%, respectively. Furthermore, shares of Ocean Rig UDW Inc. have an RSI of 18.88. The complete research on ORIG is available for free at:

https://www.EquityResearchInstitute.com/reports?keyword=ORIG

Concho Resources Inc.'s stock lost 3.71%, to close Monday's session at $99.19. The stock recorded a trading volume of 2.35 million shares, above its three months average volume of 1.37 million shares. Over the last one month and the previous three months, Concho Resources Inc.'s shares have declined 15.27% and 20.67%, respectively. Additionally, the stock has fallen by 0.56% since the start of this year. The company is trading 14.41% and 10.78% below its 50-day and 200-day moving averages, respectively. Furthermore, Concho Resources Inc.'s stock traded at a PE ratio of 24.98 and has an RSI of 30.57. Free in-depth research on CXO is available at:

https://www.EquityResearchInstitute.com/reports?keyword=CXO

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