Oil & Gas Equipment & Services

Halliburton (NYSE: HAL) says, "drilling boom is stretching our supply chain... improving logistics to combat supply problems... greater shale gas opportunities lie outside U.S."

According to Goldman Sachs, Cabot Oil & Gas (NYSE: COG) price target has been increased to $68.00 from $67.00. Estimates for the current year are $0.87. Cameron International (NYSE: CAM) price target has gone down to $69.00 from $73.00. Estimates for the current year are $2.60. Canadian Natural...

Stifel Nicolaus has raised its price target on Dresser-Rand Group (NYSE: DRC) from $59 to $65 to correspond with increases in estimates. In the report, Stifel Nicolaus writes, “We've increased our 2011/2012 operating EPS estimates to $2.26/$3.54 from $2.25/$3.25 to reflect slight downward...

Goldman Sachs is raising its PT on Tenaris S.A. (NYSE: TS), from $58 to $60. Shares of TS closed Monday at $46.41.

Goldman Sachs is out with its report today on Schlumberger (NYSE: SLB), raising its PT from $115 to $116. Shares of SLB closed Monday at $82.08.

Goldman Sachs is lowering its price target on shares of Bristow Group Inc. (NYSE: BRS) to $56 from $57. Shares of Bristow lost 54 cents yesterday to close at $43.49, a loss of 1.23%.

Goldman Sachs is raising its price target on shares of Baker Hughes Incorporated (NYSE: BHI) to $102 from $101. Shares of Baker Hughes Incorporated lost $1.44 yesterday to close at $68.68, a loss of 2.05%.

Here's news that is real, on the news reel. China inexorably draws its neighboring trade partners into its orbit.  Two generations after the first Greater East Asia Co-Prosperity Sphere, a new hegemon arises to forge a bloc.  The next step is the displacement of value-added manufacturing from Japan...

Direxion Daily China Bull 3x Shares ETF (NYSE: CZM) traded 8.14% lower today as Baidu.com, Inc. (ADR) (NASDAQ: BIDU) fell 3.88%, and China Mobile Ltd. (ADR) (NYSE: CHL) dropped 1.90%. Direxion Daily Emerging Markets Bull 3x Shares(ETF) (NYSE: EDC) dropped 6.18%, and it closed at $34.45. This was...

Dril-Quip, Inc. (NYSE: DRQ) today announced that Larry E. Reimert, its Co-Chairman of the Board and former Co-Chief Executive Officer, passed away earlier today following a battle with cancer.

J.P. Morgan provided color on the North American Oil Service and Equipment sector. In a research report published today, J.P. Morgan stressed its optimism about the sector. In the report, J.P. Morgan states, "We have raised our North American upstream spending forecasts and materially revised...

In a recent report, Jefferies has lowered the price target on Tidewater (NYSE: TDW) from $71.00 to $65.00 after a disappointing near-term earnings guidance. Due to recent events, Jefferies believes the pullback provides a good buying opportunity. In the report, Jefferies said, "TDW shares pulled...

Jefferies & Company has lowered the price target on Tidewater (NYSE: TDW) from $71 to $65 and maintains its Buy rating.

Utility group Scottish amp; Southern Energy (LON:SSE) said this morning it had increased its full year dividend by 5p to 75p – making it one of just six FTSE 100 companies to have delivered real dividend growth every year since 1999, when it paid its first dividend. The move came as the group...

Goldman Sachs reduced its price target on Tidewater (NYSE: TDW) from $69 to $63. In a research report published today, Goldman decided to lower its price target after reducing its earnings per share estimates for 2012 and 2013. These reductions came in spite of Tidewater's Q1 results meeting market...