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StockCall Early Morning Insight into WFT, SLB, NOV, FTI, and BAS

ACCESSWIRE

StockCall.com Provides Stock Research on Weatherford Intl. Ltd, Schlumberger Ltd, National Oilwell Varco Inc., FMC Technologies Inc., and Basic Energy Services Inc.

New York City, New York -- (June 12, 2013)

The U.S. Department of Energy has said that worldwide shale resources are vast enough to cover over a decade of oil consumption. Already, a shale boom in the U.S. has created a supply shock in the global oil market. It has also prompted oil and gas companies to rethink their global investment strategy. On Tuesday, June 11, 2013, shares in oil and gas stocks ended mostly lower, tracking losses in the broader market. The major movers in the sector includedWeatherford International Ltd (NYSE:WFT - News), Schlumberger Ltd (NYSE:SLB - News), National Oilwell Varco Inc. (NYSE:NOV - News), FMC Technologies Inc. (NYSE:FTI - News), and Basic Energy Services Inc. (NYSE:BAS - News). StockCall has issued technical analysis and charting reports on WFT, SLB, NOV, FTI, and BAS. Download these free reports now at

www.stockcall.com/todaysopinions

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Shares in Weatherford International Ltd showed a steep decline on Tuesday, closing at $13.65 that is down 2.43%. A total of 5.974 million shares were traded during the session, while its average daily trading volume stands at 8.936 million. The stock oscillated between $13.62 and $13.86 yesterday. Over the past five trading days, WFT gained 1.19% while the markets wavered, and so far this year, its shares have increased 29.02%. Weatherford’s shares have high volatility with beta of 2.01, and the company commands market capitalization of $10.45 billion. Download the free research on WFT today by registering at

www.StockCall.com/WFT061213.pdf

Schlumberger Limited’s stock ended lower on Tuesday, finishing 2.54% lower at $71.44. A total of 8.572 million shares were traded during the session. The stock’s usual trading volume stands at 7.072 million shares. In the past 52 weeks, the stock traded between $59.12 and $82.00. Schlumberger commands market capitalization of $94.98 billion, and the stock is highly volatile with beta of 1.48. Sign up and have access to our free report on SLB at

www.StockCall.com/SLB061213.pdf

National Oilwell Varco Inc.’s stock ended lower on Tuesday, down 1.47% at $69.17. A total of 2.394 million shares were traded. Despite the wider market swaying sideways during the past five trading sessions, the company’s shares declined 1.61%. The stock has added 4.99% so far this year. During yesterday’s session, NOV traded between $69.01 and $69.66 while its 52 weeks trading range stands at $59.07 and $89.95. National Oilwell Varco commands market capitalization of $29.55 billion. Its stock is mildly volatile as implied by its beta of 1.76. Sign up and read the complimentary report on NOV at

www.StockCall.com/NOV061213.pdf

FMC Technologies Inc.’s stock hit an intraday low of $54.58 to finish the day 1.52% lower at $55.01. A total of 1.45 million shares were traded in comparison to its usual trading volume of 1.64 million shares. The stock is up 34.8% so far this year. In the past 52 weeks, the stock traded between $36.89 and $59.27. FMC Technologies shows mildly high volatility as implied by its beta of 1.36. It is currently trading below its 20-day moving average price of $56.60 but above its 50-day moving average price of $54.54. The free report on FTI can be downloaded by signing up now at

www.StockCall.com/FTI061213.pdf

Shares in Basic Energy Services Inc. moved lower on Tuesday, tracking losses in the broader market. The stock hit an intraday high of $12.71, before finishing the day 2.19% lower at $12.52. So far this year, the share has grown more than 14%. The company’s stock currently trades below both their 20-day and 50-day moving average price of $13.55 and $13.20 respectively. Basic Energy Services saw volume turnover of 493,041 shares during most recent session. Its beta of 2.42 implies very high volatility. Free report on BAS can be accessed by registering at

www.StockCall.com/BAS061213.pdf

About StockCall.com

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