Trader’s Buzzers: Louisiana-Pacific Corporation (LPX), Superior Energy Services, Inc. (SPN), Cadence Design Systems, Inc. (CDNS)

Louisiana-Pacific Corporation (LPX) traded within a range of $23.54 to $24.3 after opening the day at $23.56. The company has seen its stock increase in value by 28.37% so far this year. The stock was up close to 2.97% on active volume in last trading session and closed at $24.3 per share. After the recent gain, the stock is currently holding 2.4% above its 52 week high of $24.3 and 71.01% above its 12-month low of $14.65. The shares are up by over 32.71% in the last three months, and the RSI indicator value of 81.37 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and sells building products primarily for use in new home construction, repair and remodeling, and outdoor structures, as well as light industrial and commercial construction. It operates in four segments: North America Oriented Strand Board; Siding; Engineered Wood Products; and South America. The company offers structural panel products comprising plywood, including roof decking, sidewall sheathing, and floor underlayment; SmartSide siding products and related accessories, such as wood-based sidings, trim, soffit, and fascia; and CanExel siding and accessory products, including pre-finished lap and trim products. It also provides laminated veneer lumber, I-joists, laminated strand lumber, and other related products for residential and commercial flooring, roofing systems, headers and beams, and other structural applications; and timber and timberlands, and other products and services. The company sells its products to retail home centers, manufactured housing producers, distributors, and wholesalers primarily in North America and South America, as well as in Asia, Australia, and Europe. Louisiana-Pacific Corporation was founded in 1972 and is headquartered in Nashville, Tennessee.

Superior Energy Services, Inc. (SPN) failed to extend gains with the stock declining -2.89% or $-0.53 to close the day at $17.79 on light trading volume of 2.42M shares, compared to its three month average trading volume of 2.92M. The Houston Texas 77002 based company has been outperforming the oil & gas equipment & services group over the past 52 weeks, with the stock gaining 84.74%, compared to the industry which has advanced 30.27% over the same period. With RSI of 49.76, the stock should still continue to rise and get closer to its one year target estimate of $20.3, making it a hold for now.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

Cadence Design Systems, Inc. (CDNS) gained $0.18 to close the day at a new closing price of $30.1, a 0.6% increase in value from its previous closing price that moved the stock 48.13% above its 52 week low of $20.41. A total of 2.38M shares exchanged hands during the day compared with its three month average trading volume of 1.86M. The stock, which fluctuated between $29.56 and $30.18 during the day, currently situated 0.53% above its 52 week high. The stock is up by 16.67% in the past one month and up by 17.99% over the past three months. With a one year target estimate of $29.67 and RSI of 81.37, the stock still has upside potential, making it a sell for now.

Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (IP) for semiconductor and electronics systems industries worldwide. It offers functional verification products, including logic verification software that enables customers to coordinate verification activities across multiple teams and various specialists for verification planning and closure; and system design and verification products for hardware-software verification, as well as for system power exploration, analysis, and optimization. The company also provides digital integrated circuit (IC) design products, such as logic design products for chip planning, design, verification, and test technologies and services; physical implementation tools, including place and route, signal integrity, optimization, and double patterning preparation; and signoff products to signoff the design as ready for manufacture by a silicon foundry, as well as design for manufacturing products for use in the product development process. In addition, it offers custom IC design and verification products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and RF designs; and system interconnect design products to develop printed circuit boards and IC packages. Further, the company provides design IP products consisting of pre-verified and customizable functional blocks to integrate into customer’s system-on-chips; and VIP and memory models for use in system-level verification to model correct behavior of full systems interacting with their environments. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company was founded in 1988 and is headquartered in San Jose, California.

 

Stocks Buzz: Xylem Inc. (XYL), Superior Energy Services, Inc. (SPN), Banc of California, Inc. (BANC)

Xylem Inc. (XYL) continued its upward trend with the stock climbing 0.84% or $0.4 to close the day at $48.28 on active trading volume of 1.61M shares, compared to its three month average trading volume of 1.49M. The Rye Brook New York 10573 based company has been outperforming the diversified machinery group over the past 52 weeks, with the stock gaining 32.2%, compared to the industry which has advanced 25.74% over the same period. With RSI of 44.87, the stock should still continue to rise and get closer to its one year target estimate of $54.31, making it a hold for now.

Xylem Inc. engages in the design, manufacture, and application of engineered technologies for the water and wastewater applications. It operates through two segments, Water Infrastructure and Applied Water. The Water Infrastructure segment offers various products, including water and wastewater pumps, treatment and testing equipment, and controls and systems, as well as filtration, disinfection, and biological treatment equipment under the Flygt, WEDECO, Godwin, WTW, Sanitaire, YSI, and Leopold names for the transportation, treatment, and testing of water and wastewater for public utilities and industrial applications. The Applied Water segment provides pumps, valves, heat exchangers, controls, and dispensing equipment systems under the Goulds Water Technology, Bell & Gossett, A-C Fire Pump, Standard Xchange, Lowara, Jabsco, Flojet, and Flowtronex names for residential and commercial building services, industrial water, and irrigation applications. Xylem Inc. also provides smart metering, network technologies and advanced data analytics to water, gas, and electric utilities. The company markets and sells its products through a network of direct sales force, resellers, distributors, and value-added solution providers in the United States, Europe, the Asia Pacific, and internationally. Xylem Inc. is headquartered in Rye Brook, New York.

Superior Energy Services, Inc. (SPN) retreated with the stock falling -0.38% or $-0.07 to close at $18.19 on light trading volume of 1.6M compared its three months average trading volume of 2.94M. The Houston Texas 77002 based company operating under the Oil & Gas Equipment & Services industry has been trending up for the last 52 weeks, with the shares price now 105.07% up for the period and up by 7.76% so far this year. With price target of $20.3 and a 120.48% rebound from 52-week low, Superior Energy Services, Inc. has plenty of upside potential, making it a hold with a view buy.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

Banc of California, Inc. (BANC) continued its upward trend with the stock climbing 1.26% or $0.25 to close the day at $20.15 on lower than average trading volume of 1.59M shares, compared to its three month average trading volume of 1.66M. The Irvine California 92612 based company has been outperforming the regional – pacific banks companies by 45.307% for last three months and its recent gains have pushed the stock slightly up 16.14% YTD, versus the regional – pacific banks industry which is up 2.27% for the same period. The RSI of 74.02 indicates the stock is overbought at the current levels, sell for now.

Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. It operates through Commercial Banking, Mortgage Banking, Financial Advisory, and Corporate/Other segments. The company’s deposits consist of savings, checking, money market, and demand accounts, as well as certificates of deposit; and commercial and consumer loan products include commercial and industrial loans, commercial real estate loans, multi-family loans, SBA guaranteed business loans, construction and renovation loans, lease financing, single family residential mortgage loans, warehouse loans, asset or security backed loans, home equity lines of credit, consumer and business lines of credit, home equity loans, and other consumer loans. It also provides private banking products for high net worth individuals and entrepreneurs; and other banking services to financial institutions, as well as invests in mortgage-backed securities. In addition, the company offers automated bill payment, cash and treasury management, master demand accounts, foreign exchange, interest rate swaps, trust services, card payment services, remote and mobile deposit capture, ACH origination, wire transfer, direct deposit, and safe deposit boxes, as well as online, telephone, and mobile banking services. Further, it provides financial advisory and asset management services to third parties; and manages and sells other real estate owned properties. As of December 31, 2015, the company operated 35 branches in San Diego, Orange, Santa Barbara, and Los Angeles Counties in California; and 68 loan production offices in California, Arizona, Oregon, Virginia, Indiana, Colorado, Idaho, and Nevada. Banc of California, Inc. was formerly known as First PacTrust Bancorp, Inc. and changed its name to Banc of California, Inc. in July 2013. The company was founded in 1941 and is headquartered in Irvine, California.

 

Stocks in Review: Superior Energy Services, Inc. (SPN), Tenet Healthcare Corp. (THC), Pebblebrook Hotel Trust (PEB)

Superior Energy Services, Inc. (SPN) traded within a range of $17.41 to $17.91 after opening the day at $17.55. The company has seen its stock increase in value by 5.69% so far this year. The stock was up close to 3.06% on light volume in last trading session and closed at $17.84 per share. After the recent gain, the stock is currently holding -10.04% below its 52 week high of $19.83 and 116.24% above its 12-month low of $8.25. The shares are up by over 23.29% in the last three months, and the RSI indicator value of 50.07 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

Tenet Healthcare Corp. (THC) continued its upward trend with the stock climbing 3.44% or $0.63 to close the day at $18.97 on light trading volume of 1.88M shares, compared to its three month average trading volume of 3.25M. The Dallas Texas 75202 based company has been underperforming the hospitals group over the past 52 weeks, with the stock losing -23.88%, compared to the industry which has advanced 0.6% over the same period. With RSI of 64.49, the stock should still continue to rise and get closer to its one year target estimate of $24.19, making it a hold for now.

Tenet Healthcare Corp., together with its subsidiaries, primarily operates acute care hospitals and related healthcare facilities. The company operates through three segments: Hospital Operations and Other, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operating and recovery rooms, radiology services, respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive, critical, and coronary care units; physical therapy, orthopedic, oncology, and outpatient services; tertiary care services, including open-heart surgery, neonatal intensive care, and neurosciences; quaternary care services for heart, liver, kidney, and bone marrow transplants; quaternary pediatric and burn services; gamma-knife brain surgery; and cyberknife radiation therapy for tumors and lesions in the brain, lung, neck, and spine. In addition, it offers clinical research programs related to cardiovascular and pulmonary diseases, musculoskeletal disorders, neurological disorders, genitourinary diseases, and various cancers, as well as drug and medical device studies. Further, the company operates freestanding ambulatory surgery and imaging centers, short-stay surgical facilities, and Aspen’s hospitals and clinics. Additionally, it offers operational management for patient access, accounts receivable management, health information management, revenue integrity, and patient financial services; communications and engagement solutions; and clinical integration, financial risk management, and population health management services. As of December 31, 2015, the company operated 86 hospitals, 20 short-stay surgical hospitals, and approximately 475 outpatient centers; and 9 private hospitals and clinics, as well as 249 ambulatory surgery, 20 imaging, and 35 urgent care centers in the United Kingdom. Tenet Healthcare Corp. was founded in 1967 and is headquartered in Dallas, Texas.

Pebblebrook Hotel Trust (PEB) gained $0.31 to close the day at a new closing price of $29.39, a 1.07% increase in value from its previous closing price that moved the stock 37.71% above its 52 week low of $23.08. A total of 1.87M shares exchanged hands during the day compared with its three month average trading volume of 850.76K. The stock, which fluctuated between $29.05 and $29.69 during the day, currently situated -7.37% below its 52 week high. The stock is up by 0.03% in the past one month and up by 20.26% over the past three months. With a one year target estimate of $28.11 and RSI of 45.16, the stock still has upside potential, making it a hold for now.

Pebblebrook Hotel Trust, through Pebblebrook Hotel, L.P., operates as a real estate investment trust. The company acquires and invests primarily in hotel properties located in the United States. It holds interests in the Doubletree Bethesda Hotel and Executive Meeting Center located in Bethesda, Maryland; Sir Francis Drake Hotel located in San Francisco, California; and InterContinental Buckhead Hotel located in Atlanta, Georgia. As a REIT, the company is not subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 2009 and is based in Bethesda, Maryland.

 

Stocks in the Spotlight: Wolverine World Wide, Inc. (WWW), Newfield Exploration Company (NFX), Superior Energy Services, Inc. (SPN)

Wolverine World Wide, Inc. (WWW) had a light trading with around 2.57M shares changing hands compared to its three month average trading volume of 968.08K. The stock traded between $22.14 and $23.04 before closing at the price of $22.26 with 5.9% change on the day. The Rockford Michigan 49351 based company is currently trading 41.84% above its 52 week low of $15.88 and -12.38% below its 52 week high of $25.54. Both the RSI indicator and target price of 44.83 and $24.2 respectively, lead us to believe that it should be put on hold over the coming weeks.

Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories. The company operates through Lifestyle Group, Performance Group, and Heritage Group segments. It offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; children’s footwear; industrial work shoes, boots, and apparel; and uniform shoes and boots. The company sources and markets a range of footwear styles, such as shoes, boots, and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, HyTest, Keds, Merrell, Saucony, Sebago, Soft Style, Sperry, Stride Rite, and Wolverine brand names. It also markets apparel and accessories under the Merrell, Wolverine, Saucony, Sebago, Keds, and Sperry brands, as well as licenses its brands for use on non-footwear products, including the Hush Puppies brand apparel, eyewear, watches, socks, handbags, and plush toys; the Wolverine brand eyewear and gloves; and the Keds, Saucony, Sperry, and Stride Rite brand apparel. In addition, the company markets pigskin leather under the Wolverine Warrior Leather, Weather Tight, and All Season Weather Leathers trademarks for use in the footwear industry. It directly sells its products in the United States, Canada, and countries in Europe to various customers, including department stores, national chains, catalog and specialty retailers, mass merchants and Internet retailers, and to governments and municipalities; and through retail stores, as well as through third-party licensees and distributors. As of January 2, 2016, the company operated 390 retail stores in the United States and Canada, as well as 70 consumer-direct Websites. Wolverine World Wide, Inc. was founded in 1883 and is based in Rockford, Michigan.

Newfield Exploration Company (NFX) continued its downward trend with the stock declining -4.15% or $-1.69 to close the day at $39.02 on active trading volume of 2.54M shares, compared to its three month average trading volume of 2.51M. The The Woodlands Texas 77380 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 53.2%, compared to the industry which has advanced 44.66% over the same period. With RSI of 33.66, the stock should still continue to rise and get closer to its one year target estimate of $53.7, making it a hold for now.

Newfield Exploration Company, an independent energy company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids in the United States. Its principal areas of operation include the Anadarko and Arkoma basins of Oklahoma, the Williston Basin of North Dakota, the Uinta Basin of Utah, and the Maverick and Gulf Coast basins of Texas. The company also holds offshore oil developments in China. As of December 31, 2015, it had proved reserves of approximately 509 million barrels of oil equivalent. The company was founded in 1988 and is headquartered in The Woodlands, Texas.

Superior Energy Services, Inc. (SPN) shares were down in last trading by -0.73% to $17.56. It experienced lighter than average volume on day. The stock decreased in value by almost -0.62% over the past week and fell -6.35% in the past month. It is currently trading 0.39% above its 50 day moving average and 3.47% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -11.45% decrease in value from its one year high of $19.83. The RSI indicator value of 46.78, lead us to believe that it is a hold for now.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

 

Stocks on the Move: Diplomat Pharmacy, Inc. (DPLO), Superior Energy Services, Inc. (SPN), SM Energy Company (SM)

Diplomat Pharmacy, Inc. (DPLO) failed to extend gains with the stock declining -1.74% or $-0.27 to close the day at $15.26 on active trading volume of 2.23M shares, compared to its three month average trading volume of 1.38M. The Flint Michigan 48507 based company has been underperforming the drugs – generic group over the past 52 weeks, with the stock losing -47.43%, compared to the industry which has dropped -7.9% over the same period. With RSI of 64.22, the stock should still continue to rise and get closer to its one year target estimate of $15.95, making it a hold for now.

Diplomat Pharmacy, Inc. operates as an independent specialty pharmacy in the United States. The company stocks, dispenses, and distributes prescriptions for various biotechnology and specialty pharmaceutical manufacturers. It also provides specialty infusion pharmacy, patient care coordination, clinical, compliance and persistency program, patient financial assistance, specialty pharmacy training/consulting, benefits investigation, prior authorization, risk evaluation and medication strategy, retail specialty, and hub services, as well as clinical and administrative support services to hospitals and health systems. The company’s primary focus is on medication management programs for individuals with complex chronic diseases, including oncology, immunology, hepatitis, multiple sclerosis, specialized infusion therapy, and various other serious or long-term conditions. Diplomat Pharmacy, Inc. has 16 pharmacy locations in Arizona, California, Connecticut, Florida, Illinois, Iowa, Maryland, Massachusetts, Michigan, Minnesota, North Carolina, Ohio, and Pennsylvania. The company was founded in 1975 and is headquartered in Flint, Michigan.

Superior Energy Services, Inc. (SPN) climbed 4.65% during last trading as the stock added $0.82 to finish the day at $18.47 with about 2.22M shares changing hands, compared to its three month average trading volume of 3.06M. The $2.8B market cap company, which fluctuated between $17.6 and $18.54 during the day, currently situated 123.88% above its 52 week low of $8.25 and -6.86% away from its one year high of $19.83. The RSI of 56.71 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

SM Energy Company (SM) saw its value decrease by -1.78% as the stock dropped $-0.54 to finish the day at a closing price of $29.81. The stock was lighter in trading and has fluctuated between $6.99-$43.09 per share for the past year. The shares, which traded within a range of $29.8 to $30.78 during the day, are down by -8.14% in the past three months and up by 3.93% over the past six months. It is currently trading -9.47% below its 20 day moving average and -14.18% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $44.23 a share over the next twelve months. The current relative strength index (RSI) reading is 33.95. The technical indicator lead us to believe there will be no major movement any time soon, hold.

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. It primarily has operations in the South Texas and Gulf Coast region, which focuses primarily on Eagle Ford shale program; Rocky Mountain region comprising the Bakken and Three Forks formations in the North Dakota; and Permian region covering western Texas and southeastern New Mexico. As of December 31, 2015, the company had 471.3 million barrels of oil equivalent of estimated proved reserves; and working interests in 872 net productive oil wells and 653 net productive gas wells. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.

 

Stocks Buzz: Diamond Offshore Drilling, Inc. (DO), Delcath Systems, Inc. (DCTH), Superior Energy Services, Inc. (SPN)

Diamond Offshore Drilling, Inc. (DO) managed to rebound with the stock declining 0% or $0 to close the day at $16.38 on active trading volume of 3.22M shares, compared to its three month average trading volume of 2.67M. The Houston Texas 77094 based company has been underperforming the oil & gas drilling & exploration group over the past 52 weeks, with the stock losing -5.97%, compared to the industry which has advanced 103.39% over the same period. With RSI of 33.28, the stock should still continue to rise and get closer to its one year target estimate of $17.56, making it a hold for now.

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. It provides services in floater market, including ultra-deepwater, deepwater, and mid-water. The company operates a fleet of 32 offshore drilling rigs, which comprise 8 ultra-deepwater, 7 deepwater, and 8 mid-water semisubmersibles; 5 jack-ups; and 4 drillships. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1989 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. operates as a subsidiary of Loews Corporation.

Delcath Systems, Inc. (DCTH) retreated with the stock falling -8.15% or $-0.03 to close at $0.33 on active trading volume of 3.21M compared its three months average trading volume of 1.54M. The New York New York 10019 based company operating under the Drug Delivery industry has been trending down for the last 52 weeks, with the shares price now -99.52% down for the period and down by -63.6% so far this year. With price target of $16 and a 11.6% rebound from 52-week low, Delcath Systems, Inc. has plenty of upside potential, making it a hold with a view buy.

Delcath Systems, Inc. operates as a specialty pharmaceutical and medical device company focusing on cancers of the liver. The company is developing its proprietary product-Melphalan Hydrochloride for injection for use with the Delcath Hepatic Delivery System; and markets melphalan hydrochloride as a device under the trade name Delcath Hepatic CHEMOSAT Delivery System for Melphalan in Europe. Its primary focus is on the execution of its clinical development program in ocular melanoma liver metastases, intrahepatic cholangiocarcinoma, hepatocellular carcinoma, and certain other cancers that are metastatic to the liver. Delcath Systems, Inc. was founded in 1988 and is headquartered in New York, New York.

Superior Energy Services, Inc. (SPN) continued its upward trend with the stock climbing 1.3% or $0.23 to close the day at $17.9 on lower than average trading volume of 3.18M shares, compared to its three month average trading volume of 3.1M. The Houston Texas 77002 based company has been outperforming the oil & gas equipment & services companies by 26.2645% for last three months and its recent gains have pushed the stock slightly up 6.04% YTD, versus the oil & gas equipment & services industry which is up 0.67% for the same period. The RSI of 52.99 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

 

Momentum Stocks: Superior Energy Services, Inc. (SPN), Sprouts Farmers Market, Inc. (SFM), STORE Capital Corporation (STOR)

Superior Energy Services, Inc. (SPN) retreated with the stock falling -1.39% or $-0.24 to close at $17.08 on light trading volume of 3.08M compared its three months average trading volume of 3.14M. The Houston Texas 77002 based company operating under the Oil & Gas Equipment & Services industry has been trending up for the last 52 weeks, with the shares price now 65.66% up for the period and up by 1.18% so far this year. With price target of $20.29 and a 107.03% rebound from 52-week low, Superior Energy Services, Inc. has plenty of upside potential, making it a hold with a view buy.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

Sprouts Farmers Market, Inc. (SFM) had a active trading with around 3.07M shares changing hands compared to its three month average trading volume of 2.69M. The stock traded between $17.96 and $18.77 before closing at the price of $18.46 with -1.39% change on the day. The Phoenix Arizona 85054 based company is currently trading -0.97% below its 52 week low of $17.96 and -38.47% below its 52 week high of $30. Both the RSI indicator and target price of  and $23.81 respectively, lead us to believe that it could rise over the coming weeks.

Sprouts Farmers Market, Inc., together with its subsidiaries, operates as a retailer of fresh, natural, and organic food in the United States. The company’s retail stores offer fresh produce, bulk foods, vitamins and supplements, grocery, meat and seafood, deli, bakery, dairy, frozen foods, body care and natural household items, beer and wine, and dairy alternatives. As of November 3, 2016, it operated 252 stores in 13 states. Sprouts Farmers Market, Inc. was founded in 2002 and is headquartered in Phoenix, Arizona.

STORE Capital Corporation (STOR) saw its value decrease by -1.85% as the stock dropped $-0.44 to finish the day at a closing price of $23.37. The stock was higher in trading and has fluctuated between $22.98-$31.44 per share for the past year. The shares, which traded within a range of $22.98 to $23.78 during the day, are down by -11.94% in the past three months and down by -23.42% over the past six months. It is currently trading -6.93% below its 20 day moving average and -4.81% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $28.82 a share over the next twelve months. The current relative strength index (RSI) reading is 32.7.The technical indicator lead us to believe there will be no major movement any time soon, hold.

STORE Capital Corporation is a privately owned real estate investment trust. The firm invests in the real estate markets. It primarily invests in single-tenant properties including chain restaurants, supermarkets, drugstores and other retail, service and distribution facilities. It was formerly known as STORE Capital. STORE Capital Corporation is based in Scottsdale, Arizona.

 

Stocks Buzz: Mentor Graphics Corporation (MENT), Superior Energy Services, Inc. (SPN), Sally Beauty Holdings, Inc. (SBH)

Mentor Graphics Corporation (MENT) failed to extend gains with the stock declining -0.03% or $-0.01 to close the day at $36.93 on light trading volume of 2.57M shares, compared to its three month average trading volume of 3.13M. The Wilsonville Oregon 97070 based company has been outperforming the technical & system software group over the past 52 weeks, with the stock gaining 124.81%, compared to the industry which has advanced 28.33% over the same period. With RSI of 61.96, the stock should still continue to rise and get closer to its one year target estimate of $37.25, making it a hold for now.

Mentor Graphics Corporation provides electronic design automation software and hardware solutions to design, analyze, and test electro-mechanical systems, electronic hardware, and embedded systems software worldwide. It offers printed circuit boards; Mentor Graphics Scalable Verification tools; Questa platform to verify systems and integrated circuits (ICs); FastSPICE, Eldo, and ADVance MS analog/mixed signal simulation tools; and Veloce hardware emulation system. The company also provides Calibre DRC and Calibre LVS-H physical verification tools; Calibre xRC and xACT transistor-level extraction and device modeling tools; Calibre resolution enhancement technology tools; Calibre OPCverify tool to check and report the mask pattern corrections; Calibre RET tools; Calibre LFD for manufacturing (DFM) area; Calibre CMPAnalyzer tool; Calibre MPCpro for systematic errors; Calibre nmMPC; Calibre PERC to check electrical design of an IC; Tessent suite of integrated silicon test products; Olympus-SoC place and route product; Calibre InRoute design and verification platform; and Oasys-RTL tool. In addition, it offers PCB-FPGA Systems Design software; products for DFM and manufacturing execution systems; FloEFD three-dimensional computational fluid dynamics and heat transfer analysis tool; FloTHERM three-dimensional computational fluid dynamics software; Flowmaster one-dimensional computational fluid dynamics analysis software; and MicReD T3Ster temperature measurement system. Further, the company provides software, tools, and professional engineering services; and methodology development, enterprise integration, and deployment services. It sells and licenses its products through direct sales force, distributors, and sales representatives to the communications, computer, consumer electronics, semiconductor, networking, multimedia, military and aerospace, and transportation industries. Mentor Graphics Corporation was founded in 1981 and is headquartered in Wilsonville, Oregon.

Superior Energy Services, Inc. (SPN) retreated with the stock falling -2.09% or $-0.37 to close at $17.32 on light trading volume of 2.55M compared its three months average trading volume of 3.21M. The Houston Texas 77002 based company operating under the Oil & Gas Equipment & Services industry has been trending up for the last 52 weeks, with the shares price now 73.37% up for the period and up by 2.61% so far this year. With price target of $20.29 and a 109.94% rebound from 52-week low, Superior Energy Services, Inc. has plenty of upside potential, making it a hold with a view buy.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

Sally Beauty Holdings, Inc. (SBH) continued its downward trend with the stock declining -1.58% or $-0.39 to close the day at $24.22 on higher than average trading volume of 2.48M shares, compared to its three month average trading volume of 1.72M. The Denton Texas 76210 based company has been outperforming the specialty retail, other companies by -5.1794% for last three months and its recent losses have pulled the stock down -8.33% YTD, versus the specialty retail, other industry which is up 10.83% for the same period. The RSI of 29.04 indicates the stock is oversold at the current levels, buy for now.

Sally Beauty Holdings, Inc., together with its subsidiaries, operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care, skin and nail care, beauty sundries, and styling tools for retail customers and salon professionals. This segment also provides products under third-party brands, such as Clairol, CHI, China Glaze, OPI, and Conair, as well as exclusive-label merchandise. As of September 30, 2016, it operated 3,763 company-operated retail stores under the Sally Beauty banner in the United States, Canada, Mexico, Chile, Colombia, Peru, the United Kingdom, Ireland, Belgium, France, Germany, the Netherlands, and Spain; and 18 franchised stores in the United Kingdom, Belgium, and certain other European countries. The Beauty Systems Group segment offers professional beauty products, including hair color and care, skin and nail care, beauty sundries, and styling tools directly to salons and salon professionals through its sales force, as well as through company-operated and franchised stores. This segment also sells products under third-party brands, such as Paul Mitchell, Wella, Sebastian, Goldwell, Joico, and Aquage. This segment had 1,174 company-operated stores under the CosmoProf banner in the United States and Canada, as well as 164 franchised stores in the United States, Canada, Mexico, and certain European countries. The company also distributes its products through full-service/exclusive distribution, open-line distribution, directly, and mega-salon stores. Sally Beauty Holdings, Inc. was founded in 1964 and is headquartered in Denton, Texas.

 

Traders Watch list: Tesoro Corporation (TSO), Superior Energy Services, Inc. (SPN), MannKind Corporation (MNKD)

Tesoro Corporation (TSO) saw its value decrease by -0.11% as the stock dropped $-0.09 to finish the day at a closing price of $81.94. The stock was lighter in trading and has fluctuated between $67.8-$93.5 per share for the past year. The shares, which traded within a range of $81.53 to $82.51 during the day, are down by -0.41% in the past three months and up by 9.36% over the past six months. It is currently trading -1.98% below its 20 day moving average and -4.55% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $104.8 a share over the next twelve months. The current relative strength index (RSI) reading is 42.93.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Tesoro Corporation, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. Its Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 875 thousand barrels per day. The company’s TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; and approximately 15 million barrels of storage capacity. This segment also owns and operates four natural gas processing complexes and one fractionation facility. The company’s Marketing segment sells gasoline and diesel fuel through retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2015, this segment operated a network of 2,397 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.

Superior Energy Services, Inc. (SPN) shares were down in last trading by -1.34% to $17.69. It experienced lighter than average volume on day. The stock decreased in value by almost -1.78% over the past week and grew 7.73% in the past month. It is currently trading 2.89% above its 50 day moving average and 5% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -10.79% decrease in value from its one year high of $19.83. The RSI indicator value of 51.54, lead us to believe that it is a hold for now.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

MannKind Corporation (MNKD) traded within a range of $0.66 to $0.68 after opening the day at $0.68. The company has seen its stock increase in value by 6.8% so far this year. The stock was down close to -0.06% on light volume in last trading session and closed at $0.68 per share. After the recent fall, the stock is currently holding -69.64% below its 52 week high of $2.24 and 65.85% above its 12-month low of $0.41. The shares are up by over 29.52% in the last three months, and the RSI indicator value of 54.62 is neither bullish nor bearish, tempting investors to stay on the sidelines.

MannKind Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic products for diabetes patients in the United States. Its approved product is AFREZZA, a rapid-acting, inhaled insulin used to control high blood sugar in adults with type 1 and type 2 diabetes. MannKind Corporation has license and collaboration agreement with Sanofi-Aventis Deutschland GmbH for the development of AFREZZA. The company was founded in 1991 and is headquartered in Valencia, California.

 

Worth Watching Stocks: Express Scripts Holding Company (ESRX), Superior Energy Services, Inc. (SPN), Time Warner Inc. (TWX)

Express Scripts Holding Company (ESRX) saw its value increase by 1.12% as the stock gained $0.79 to finish the day at a closing price of $71.4. The stock was lighter in trading and has fluctuated between $64.46-$80.02 per share for the past year. The shares, which traded within a range of $70.06 to $71.5 during the day, are up by 2.57% in the past three months and down by -7.74% over the past six months. It is currently trading 0.75% above its 20 day moving average and -2.05% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $81.11 a share over the next twelve months. The current relative strength index (RSI) reading is 47.98.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Express Scripts Holding Company operates as a pharmacy benefit management (PBM) company in the United States, Canada, and Europe. The company operates through two segments, PBM and Other Business Operations. The company’s PBM segment’s products and services include clinical solutions to enhance health outcomes; specialized pharmacy care; home delivery pharmacy; specialty pharmacy, including the distribution of fertility pharmaceuticals that require special handling or packaging; and retail network pharmacy administration. It also provides benefit design consultation; drug utilization review; drug formulary management; an array of Medicare, Medicaid, and health insurance marketplace; administration of a group purchasing organization; and consumer health and drug information services. In addition, the company distributes specialty pharmaceuticals and medical supplies to providers, clinics, and hospitals; and offers consulting services, including design, implementation, and project management for pharmaceutical, biotechnology, and device manufacturers to collect scientific evidence to guide the use of medicines. It serves managed care organizations, health insurers, third-party administrators, employers, union-sponsored benefit plans, workers’ compensation plans, government health programs, providers, clinics, hospitals, and others. As of December 31, 2015, the company operated four automated dispensing home delivery pharmacies; one non-automated dispensing home delivery pharmacy; and one non-dispensing home delivery pharmacy maintained for business continuity purpose, as well as several non-dispensing order processing centers, patient contact centers, specialty drug pharmacies, and fertility pharmacies. The company was formerly known as Aristotle Holding, Inc. and changed its name to Express Scripts Holding Company in April 2012. Express Scripts Holding Company was founded in 1986 and is headquartered in St. Louis, Missouri.

Superior Energy Services, Inc. (SPN) shares were up in last trading by 0.12% to $17.34. It experienced lighter than average volume on day. The stock decreased in value by almost -6.12% over the past week and grew 3.03% in the past month. It is currently trading 1.4% above its 50 day moving average and 3.18% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -12.56% decrease in value from its one year high of $19.83. The RSI indicator value of 47.2, lead us to believe that it is a hold for now.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

Time Warner Inc. (TWX) traded within a range of $95.94 to $96.9 after opening the day at $96.79. The company has seen its stock decrease in value by -0.19% so far this year. The stock was down close to -0.43% on light volume in last trading session and closed at $96.35 per share. After the recent fall, the stock is currently holding -0.88% below its 52 week high of $97.21 and 77.18% above its 12-month low of $55.53. The shares are up by over 8.15% in the last three months, and the RSI indicator value of 61.31 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. The Turner segment owns and operates a portfolio of cable television networks and related properties that offer entertainment, sports, kids, and news programming on television and digital platforms for consumers. It operates approximately 180 channels in 200 countries. The Turner segment’s networks and related properties include TNT, TBS, Adult Swim, truTV, Turner Classic Movies, Turner Sports, Cartoon Network, Boomerang, CNN, and HLN; and digital media properties comprise bleacherreport.com, NBA.com, NBA Mobile, NCAA.com, PGA.com, tntdrama.com, TBS.com, adultswim.com, and cartoonnetwork.com. It also licenses original programming to subscription-video-on-demand (SVOD) services and other over-the-top services, and its brands and characters for consumer products other business ventures. This segment serves cable system operators, satellite service distributors, telephone companies, and other distributors. The Home Box Office segment provides premium pay and basic tier television services comprising HBO and Cinemax; sells its original programming through physical and digital formats; and licenses home entertainment and content to international television networks and SVOD services. As of December 31, 2015, this segment had 49 million domestic subscribers. The Warner Bros. segment produces, distributes, and licenses television programming and feature films; distributes digital and physical home entertainment products; and produces and distributes videogames, as well as licenses consumer products and brands. The company was formerly known as AOL Time Warner, Inc. and changed its name to Time Warner Inc. in 2003. Time Warner Inc. was founded in 1985 and is headquartered in New York, New York.