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Energy Sector Equities Technical Momentum -- Research on Hercules Offshore, Vantage Drilling, Rowan and Pengrowth Energy

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

LONDON, March 21, 2014 /PRNewswire/ --

The trading session on Thursday, March 20, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,331.05, up 0.67% and the NASDAQ Composite closed at 4,319.29, up 0.27%. The S&P 500 finished the session 0.60% higher at 1,872.01. The gains were broad based as nine of ten sectors posted gains. The S&P 500 Energy Sector Index finished the day 0.50% higher at 635.32, while the same has gained 0.17% in the last one month. Investor-Edge has initiated coverage on the following equities: Hercules Offshore Inc. (NASDAQ: HERO), Vantage Drilling Co. (NYSE MKT: VTG), Rowan Cos. PLC (NYSE: RDC) and Pengrowth Energy Corp. (NYSE: PGH). Free technical research on HERO, VTG, RDC and PGH can be downloaded upon signing up at:

http://www.investor-edge.com/400-register

Hercules Offshore Inc.'s shares recorded a trading volume of 2.36 million shares, as compared with a three months average volume of 3.83 million shares. The stock ended the day at $4.73, up 0.75% and recorded an intraday range of $4.64 and $4.80. Hercules Offshore Inc.'s shares have gained 5.82% in the previous three trading sessions and 3.50% in the last one month, while the shares have declined 27.47% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $4.99 and $6.49, respectively. Furthermore, the stock is trading at an Relative Strength Index of 47.21. Sign up today to read free research on HERO at:

http://www.investor-edge.com/400-HERO-.pdf

On Thursday, shares in Vantage Drilling Co. recorded a trading volume of 1.15 million shares, as compared with a three months average volume of 1.83 million shares. The stock ended the day at $1.72, down 0.58% and at an intraday range of $1.69 and $1.75. Vantage Drilling Co.'s shares have advanced 0.58% in the previous three trading sessions, while the shares have declined 0.58% in the last one month and 6.52% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages of $1.75 and $1.80, respectively. Further, the stock is trading at an RSI of 50.45. Sign up today to read free research on VTG at:

http://www.investor-edge.com/400-VTG-.pdf

Shares in Rowan Cos. PLC gained 1.11% to finish the day at $32.75. A total of 1.08 million shares were traded, which is below the three months average volume of 1.53 million. The company's shares oscillated between $32.18 and $32.96 during the session. Shares of the company traded at a PE ratio of 17.51. Rowan Cos Plc's shares have gained 4.60% in the previous three trading sessions and 1.39% in the last one month, while the shares have fallen by 7.38% on YTD basis. The stock is trading above its 50-day moving average. Rowan Cos. PLC's 200-day moving average of $34.77 is above the 50-day moving average of $32.52. Additionally, the stock is trading at an RSI of 49.34. Sign up today to read free research on RDC at:

http://www.investor-edge.com/400-RDC-.pdf

On Thursday, Pengrowth Energy Corp.'s stock edged 0.73% lower, closing the day at $6.01. The stock recorded trading volume of 1.34 million shares as compared to a three months average volume of 1.46 million shares. The stock fluctuated between $5.97 and $6.05 during the trading session. Pengrowth Energy Corp.'s shares have lost 0.50% in the previous three trading sessions, 11.36% in the last one month and 3.06% on YTD basis. The company's stock is trading below its 50-day moving average. Pengrowth Energy Corp.'s 50-day moving average of $6.42 is above the 200-day moving average of $5.98. Moreover, the stock is trading at an RSI of 37.87. Sign up today to read free research on PGH at:

http://www.investor-edge.com/400-PGH-.pdf

EDITOR'S NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

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Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

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