Oil & Gas Equipment & Services

IHS Inc. (NYSE: IHS) shares are down sharply this afternoon, down more than 7% after the company reported earnings last night. The company reported earnings of 59 cents per share. Excluding one time items, IHS reported earnings of 83 cents per share on $325.1 million. Wall Street had been...

IHS (NYSE: IHS) is down 7% on the lower than expected EPS that was reported yesterday after the close. The company reported EPS of $0.83 vs. $0.87 estimate and revenues of $325M vs. $323.5M Estimate. IHS is currently trading at $81.90.

Goldman Sachs reiterated its Neutral rating on IHS (NYSE: IHS). At the same time, Goldman raised its price target on the company's stock from $82 to $88. In a research report published today, Goldman states, "We think shares could trade in a choppy fashion post the result, before resuming...

Piper Jaffray is lowering its price target on shares of IHS Inc. (NYSE: IHS) to $95 from $97, but it has an Overweight rating on shares. In a note to clients, Piper Jaffray writes, "In a replay of 1Q results, IHS reported 2Q revenues slightly above our forecast, but earnings slightly below. While...

WSP Holdings Limited (NYSE: WH) today announced that its wholly-owned subsidiary, Wuxi Seamless Oil Pipes Company Limited received $97 million in new orders from state-owned oil companies in Venezuela and Ecuador. WSP China received 22 new purchase orders for API and non-API casing pipe, API...

Morgan Stanley is raising its revenue estimate on IHS Inc. (NYSE: IHS) to $1.3bn from $1.29bn, “but maintaining our adj. EBITDA estimate of $395M.” “IHS just missed our Q2 EPS, as costs from acquisitions pressured margins,” Morgan Stanley writes. “Revenue beat our estimates and FY guidance implies...

Piper Jaffray has lowered the price target on IHS (NYSE: IHS) from $97 to $95 and maintains its Overweight rating.

Goldman Sachs has raised the price target on IHS (NYSE: IHS) from $82 to $88 and maintains its Neutral rating.

Below are the top large-cap steel & iron stocks on the NYSE and the NASDAQ in terms of earnings per share. The trailing-twelve-month earnings per share at VALE SA (NYSE: VALE) is $4.56. VALE's operating margin for the same period is 51.15%. The trailing-twelve-month earnings per share at...

IHS (IHS), a provider of research and analysis services, said Q2 EPS rose 6% to 83 cents, missing by 2 cents. Revenue was up 22% to $325.1 mil, just beating views. It guided full-year EPS generally below views. It edged higher.

IHS Inc. (NYSE: IHS) released its second quarter earnings results on Wednesday after the closing bell. The company reported net income of $38.7 million, or $0.59 per share, compared to $38.5 million or $0.60 in the year ago period. On an adjusted basis, the company reported earnings per share of $0...

Pritchard Capital made a number of updates in a research report published today. Gulf Island Fabrication (NASDAQ: GIFI) had its rating reiterated at Buy. The report states, "We reiterate our ‘Buy' recommendation on shares of GIFI as we think the company's outlook remains positive across the...

Dril-Quip (NYSE: DRQ) today announced that Dril-Quip Asia Pacific PTE Ltd, its wholly owned subsidiary located in Singapore, has been awarded a contract valued at approximately US$39 million by Murphy Sabah Oil Company, Ltd. to supply drilling and production equipment for the Kikeh Dry Tree Spar...

Paychex Inc (NASDAQ: PAYX) is projected to report its FQ4 earnings at $0.33 per share on revenue of $515.91 million. FedEx Corp (NYSE: FDX) is estimated to post its FQ4 earnings at $1.72 per share on revenue of $10.42 billion. Red Hat Inc (NYSE: RHT) is estimated to post its Q1 EPS at $0.22 on...

Citi reiterated its Buy rating on Weatherford International (NYSE: WFT). At the same time, Citi left its price target on the company's stock unchanged at $27. In a research report published today, Citi states, "Weatherford's poorly performing stock is unlikely to get a sustained lift from today's...