T-3 Energy Services Shares Climb 10.3% (TTES, RBN)

Shares of T-3 Energy Services Inc. TTES are trading up 10.3% at $43.79 per share during the Friday morning trading session. The company is planning a merger with Robbins & Myers, Inc. RBN that is awaiting shareholder approval. The day's trading range for shares of T-3 Energy Services Inc has been between $41.92 and a 52-week high of $44.03 per share. Analysts covering T-3 Energy Services Inc. (TTES) stock give it a consensus price target of $32.00 per share. Trading volume for T-3 Energy Services Inc has been average, with 102,000 shares having been traded today, still well below the daily average volume of 242,000 shares. T-3 Energy Services Inc provides a broad range of oilfield products and services primarily to customers in the drilling and completion of new oil and gas wells, the workover of existing wells and the production and transportation of oil and gas. Read more from Benzinga's Company news.