Last updated on April 24, 2014 at 21:24 EDT

Early Briefing and Review: Schlumberger Ltd, Weatherford Intl. Ltd, FMC Technologies Inc., and Basic Energy Services Inc.

August 19, 2013

Editor Note: For more information about this release, please scroll to bottom.

LONDON, August 19, 2013 /PRNewswire/ –

The US equity market slipped on Friday, August 16, 2013. All three benchmark indexes
closed lower, with the Dow Jones Industrial Average falling 0.20%, the S&P 500 falling
0.33%, and the NASDAQ composite declining 0.09%. Shares in oil and gas equipment companies
ended mostly lower, tracking losses in the broader market. The major movers in the sector
included Schlumberger Limited (NYSE: SLB), Weatherford International Limited (NYSE: WFT),
FMC Technologies Inc. (NYSE: FTI), and Basic Energy Services Inc. (NYSE: BAS).
AAAResearchReports.com has released free charting and technical research on these
aforementioned companies. Register to read these reports at:


Shares in Schlumberger Limited closed 0.09% lower at $81.92 on Friday after
oscillating between $81.72 and $82.33. A total of 4.75 million shares were traded, which
is below the daily average volume of 6.46 million. The company’s shares have gained 4.38%
in the last one month and 8.16% in the last three months, outperforming the S&P 500 which
has lost 2.14% and 0.70% during the respective periods. Moreover, the stock is trading
above its 50-day and 200-day moving averages. Sign up for free report on SLB at:


Shares in Weatherford International Ltd. fell sharply on Friday, extending their
losses from previous trading sessions. The company’s shares fluctuated between $14.41 and
$14.72 before closing the day at $14.58, down 1.09%. A total of 4.99 million shares were
traded, which is below the daily average volume 6.88 million. Weatherford International’s
shares have gained 2.17% in the last three months, compared to a loss of 0.70% in the S&P
500 during the same period. Moreover, the company’s stock is trading above its 50-day and
200-day moving averages. WFT free technical report can be accessed by signing up at:


Shares in FMC Technologies Inc. posted modest gains on Friday. The company’s shares
traded between $52.76 and $53.43 before finishing the day 0.06% higher at $53.25. A total
of 1.19 million shares were traded, which is below the daily average volume of 1.43
million. Further, the company’s shares have slipped 7.46% in the last three months,
underperforming the S&P 500 which has fallen 0.70% during the same period. Nevertheless,
FMC Technologies’ stock is currently trading above its 200-day moving average. A free
report on FTI can be accessed by registering at:


Shares in Basic Energy Services Inc. fell sharply on Friday, finishing at $11.66, down
1.44% from the previous closing price. The company’s shares oscillated between $11.59 and
$11.84. A total of 0.42 million shares were traded, which is below the daily average
volume of 0.65 million. The company’s shares are currently trading below their 50-day and
200-day moving averages. Furthermore, Basic Energy Services Inc.’s stock has lost 16.24%
in the last three months, compared to a loss of 0.70% in the S&P 500 during the same
period. Register with AAA Research Reports and download research on BAS for free at:



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