Oil & Gas Equipment & Services

Dahlman Rose initiated Newpark Resources (NYSE: NR) coverage with a Buy rating and $12 price target in a research report published today. In the report, Dahlman Rose states, "We believe Newpark is well positioned for continued growth in this extended oil-driven upcycle. The company has emerged...

Baker Hughes (NYSE: BHI) announces its next round of earnings this Monday, July 25, 2011. Here's Benzinga's essential guide to Baker Hughes' second quarter earnings report. Earnings and Revenue: Analysts are predicting a positive EPS reading of 91 cents per share and revenues of $4.53 billion. We...

FMC Technologies (NYSE: FTI) releases its next round of earnings this Monday, July 25, 2011. Here's Benzinga's advanced look at FMC's second quarter earnings report. Earnings and Revenue: Analysts are predicting a positive EPS reading of 39 cents per share and revenues of $1.19 billion. We'll...

Riverbed Tech (NASDAQ: RVBD) is trading over 22% lower after the company's revenue missed estimates. Fortinet (NASDAQ: FTNT) is trading over 21% lower after releasing earnings. Lufkin Industries (NASDAQ: LUFK) is trading over 20% lower after reducing 2011 output forecast. Hanesbrands (NYSE: HBI...

National Oilwell Varco, Inc. (NYSE: NOV) announced today that it has acquired STSA Pte Ltd. Terms of the all-cash acquisition were not disclosed. STSA, based in Singapore, services subsea blowout preventers (“BOP's”) and related pressure control equipment for offshore drilling rigs in the Asia...

Dahlman Rose reiterated its Buy rating on Halliburton (NYSE: HAL). At the same time, the rating agency raised its price target on the company's stock from $74 to $92. On Tuesday, HAL added 4.25% to its value to finish the day at $55.38. Its shares continued to climb in today's pre-market trading,...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to lowest): 1) Apple (NASDAQ: AAPL): Shares of Apple...

Shares of Baker Hughes Incorporated (NYSE: BHI) are trading higher on the session by 1.92%, at $78.48. The stock has been moving higher over the past six months and is currently trading above the 50-day and 200-day moving averages. The name is pushing toward its 52-week high, at $79.24. There...

Get ready for Schlumberger (NYSE: SLB) earnings! Don't be the last to know: The company announces its next round of earnings this Friday, July 22, 2011. Want to know what analysts are expecting to see in Schlumberger's lastest earnings numbers? We thought so. Here's an advanced look at the...

Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of Halliburton Company (NYSE: HAL) are hitting new 52-week...

According to Morgan Keegan, Halliburton (NYSE: HAL) Outperform rating is maintained. Morgan Keegan said that NAM and pressure pumping delivered another great quarterly result and support our significantly raised expectations for 2H'11 and 2012. “Our $68 price target for Halliburton is based on 15....

Susquehanna has raised the price target on Halliburton (NYSE: HAL) from $62 to $64 and maintains its Positive rating.

Goldman Sachs is out with its report today on Halliburton (NYSE: HAL), raising its PT from $66 to $70. In a note to clients, Goldman Sachs writes, "HAL reported adjusted 2Q11 EPS of $0.81 vs. our estimate of $0.75 and consensus of $0.74. Stronger results in N.A. (+$0.09) more than offset lower...

Pritchard Capital is out with a research report on Mitcham Industries, Inc. (NASDAQ: MIND) and is reiterating its Buy rating and $24 price target on shares. In a note to clients, Pritchard writes, "Following the equity raise that MIND did in June, we are adjusting our EPS estimates. Taking into...

Pritchard Capital is out with a research report on Halliburton Company (NYSE: HAL) and is raising its price target to $75 on better than expected earnings. In a note to clients, Pritchard Capital writes, "New eps estimates $3.35/$4.58 for 2011/2012 up from $3.16/$4.24. U.S. land market remains...