Drilling contractor Noble Corp (NYSE:NE) says a “cyclical pause” in global offshore activity will safeguard its Latin America operations from rising cost pressures. Noble Corp (NYSE:NE) stock opened at $34.96 in last session, and closed at $33.13, while the day range of stock is $32.60-$35.36. The stock showed a negative weekly performance of -7.04%.
Hercules Offshore, Inc. (NASDAQ:HERO) stock was lower to Equalweight from Overweight at Capital One on Thursday morning. Capital One declined ratings of Hercules referring to the pessimistic fleet status report. Hercules Offshore, Inc. (NASDAQ:HERO) stock opened at $5.48, in last session and closed at $4.88, by losing -15.13%. The 52 week range of the stock is $4.75 – $7.96. Company’s market capitalization is $779.57 Million.
Trade-Ideas LLC identified YPF SA (ADR) (NYSE:YPF) as a “dead cat bounce” (down big yesterday but up big today) candidate. YPF SA (ADR) (NYSE:YPF) stock decreased -15.11% and finished the last session at $24.11. The EPS of the stock remained 1.55. Company’s market capitalization is $9.46 billion.
Diamond Offshore Drilling (NYSE:DO) was downgraded by analysts at Nordea Equity Research to a “sell” rating in a research report issued to clients and investors on Thursday, Analyst Ratings.Net reports. Diamond Offshore Drilling Inc (NYSE:DO) stock opened the session at $53.87, and closed the session at $51.88. The 52 week range of the stock remained $51.69 – $76.85 and the day range was $51.69 – $53.98.