Oil & Gas Equipment & Services

This morning, the oil services stocks are all trading higher after a gap lower open. The highly popular Oil Services Holder Trust(NYSE: OIH) is trading higher by 0.77 cents to $152.45 a share. Traders must watch for intra-day resistance around the $153.00 and $154.25 levels. Halliburton Co.(NYSE:...

BWS is out with its report today on Oyo Geospace (NASDAQ: OYOG), initiating OYOG at Strong Buy with a $150 PT. In a note to clients, BWS writes, "Oyo Geospace has a steady business in selling different kinds of solutions to the energy industry to help collect data and assess the scope of the field...

Pritchard Capital is out with its report today on Mitcham Industries (NASDAQ: MIND), raising its PT from $13 to $20. In a note to clients, Pritchard Capital writes, "MIND is expected to report Q1 FY 12 earnings on June 6th. We are buyers in front of the call. We expect good news coming from all...

BWS Financial has initiated coverage on OYO Geospace (NASDAQ: OYOG) with a Strong Buy rating and $150 price target.

Pritchard Capital has raised the price target on Mitcham Industries (NASDAQ: MIND) from $13 to $20 and maintains its Buy rating.

Basic Energy Services, Inc. (NYSE: BAS) today announced the signing of a letter of intent to purchase the outstanding equity interests of the Maverick group of companies for $180 million subject to certain working capital adjustments. Maverick provides a full range of fracturing and stimulation...

Cascade Corporation (NYSE: CASC) is estimated to report its Q1 EPS at $0.82 on revenue of $113.33 million. SAIC Inc (NYSE: SAI) is projected to report its Q1 EPS at $0.33 on revenue of $2.71 billion. The Descartes Systems Group Inc (NASDAQ: DSGX) is projected to report its Q1 EPS at $0.12 on...

Boom!  Russell Investments jumped from sponsoring just one ETF to 17 in a span of less than 10 days.  The firm introduced a 10-fund suite of Russell Factor ETFs last Friday (5/27/11).  The second wave of new products comes quick on the heels of the Russell Investment Discipline Index ETFs rollout....

Insider Monkey follows hedge fund managers because they're the smartest investors around. They leave less to chance than most investors. They go great lengths to get an “edge” over ordinary investors. Hedge fund managers also have the resources to do extensive research on public companies and they...

Jim Cramer is on CNBC now and he is touting National Oilwell Varco (NYSE: NOV) as a strong way to play the natural gas trade. As natural gas continues to rise, investors are increasingly looking for plays in the sector. Cramer said that he likes Natioanl Oilwell Varco because it is the most...

Shares of Superior Energy Services (NYSE: SPN) are higher on the session by 2.98%, trading at $37.65. Overall call volume is now running at 3.78x the daily average, with 79% of all calls traded being purchases on the offer. 1,411 contracts have traded on the session so far. Superior Energy...

Shares of ION Geophysical Corporation (NYSE: IO) are higher on the session by 2.55%, currently trading at $10.05. The stock has been moving largely lower over the past three weeks and is currently consolidating between the 50-day and 200-day moving averages. Options traders are buying calls on the...

Optimer Pharmaceuticals Inc (NASDAQ: OPTR) shares surged 7.24% to $13.92 at 10:40 am. The volume of OPTR shares traded was 815% higher than normal. The US Food and Drug Administration (FDA) has approved its antibacterial drug Dificid to treat Clostridium difficile. The Medicines Company (NASDAQ:...

Pritchard Capital is out with its report today on Dawson Geophysical (NASDAQ: DWSN), maintainting Buy. In a note to clients, Pritchard Capital writes, "We talked to management late last week and got an interim update. We continue to be buyers here. Business conditions continue to improve in the...

J.P. Morgan Chase & Co. is lowering its price target to $80 on shares of Dril-Quip, Inc. (NYSE: DRQ), but is keeping its Overweight rating on shares. In a note to clients, J.P. Morgan writes, "After reviewing our model and adjusting for market changes, we have trimmed both our 2011 and 2012...