Oil & Gas Equipment & Services

IHS Inc. (NYSE: IHS), the leading global source of information and analysis, today announced the acquisition of Chemical Market Associates, Inc., a leading provider of market & business advisory services for the worldwide petrochemical, specialty chemicals, fertilizer, plastics, fibers and...

IHS Inc. (NYSE: IHS) today announced the acquisition of Chemical Market Associates, Inc. As a result of the company's 2011 acquisition activity, IHS is updating its full-year 2011 revenue and adjusted EBITDA guidance. For the year ending November 30, 2011, IHS expects: All-in revenue between $1....

Gainers (% price change): Intl. Coal Group Inc. (ICO) a producer of coal in Northern and Central Appalachia with a range of mid- to high British thermal unit (Btu), low to medium sulfur steam and metallurgical coal is trading at a price of $14.42, a dramatic change of +3.39 (30.73%) from its...

FMC Technologies, Inc. (NYSE: FTI) announced today that it has been awarded a contract by Petrobras (NYSE: PBR, PBRA) to supply two subsea separation and boosting systems for the Congro and Corvina fields, located offshore Brazil in the Campos Basin. The contract has a value of approximately $130...

Bristow Group Inc. (NYSE: BRS) a leading provider of helicopter services to the offshore energy industry, announced today that it has been awarded a renewal contract for work in Norway valued in excess of $167 million in revenue. William E. Chiles, President and Chief Executive Officer, said, "Our...

ProShares Ultra Silver (ETF) (NYSE: AGQ) dropped 17.40% in the regular trading session today on the weakness in silver prices. In the after hours, AGQ jumped 4.19% to $308.93. iShares Silver Trust (ETF) (NYSE: SLV) is another silver bull market ETF that struggled today. SLV fell 8.64%, and it...

1. Charter Communications Inc. (CHTR): Charter Communications, one of the country largest cable companies, has offered to swap its Los Angeles-area cable system with Time Warner Cable's system in Wisconsin, according a recent trade magazine report. Under the proposed trade, Charter, which already...

Morgan Keegan has an Outperform rating and is raising its price target on shares of Key Energy Services (NYSE: KEG) to $23 from $19. In a note to clients, Morgan Keegan writes, "Key initiated a low double-digit price increase during Q1'11 that was only partially implemented by quarter's end. Thus...

Equity Research upgraded its price target and earnings per share estimates on Oceaneering International (NYSE: OII) in a research report published today. In the report, Equity changed its earnings per share estimates for 2011 and 2012 from $3.65 and $4.45 to $3.85 and $4.65, respectfully,...

Jefferies is out with its report today on Key Energy Services (NYSE: KEG), raising its PT from $18 to $20. In a note to clients, Jefferies writes, "With solid 1Q11 results, KEG's business segments, most notably well servicing, are showing signs of finally turning the corner on the back of high oil...

Equity Research lowered its earnings per share estimates on Cameron International (NYSE: CAM) in a research report published today. In the report, Equity Research states, "Our 2011 EPS estimate is being reduced to $2.55 and our 2012 EPS forecast to $3.35 (from $3.65)." Equity also downgraded its...

Altera Corporation (NASDAQ:ALTR)- Up 1.81% to $49.38. Altera Corporation designs, manufactures, and markets programmable logic devices and associated development tools. The Company's products, include a variety of programmable logic devices and hardcopy application-specific integrated circuits....

TGC Industries (NASDAQ: TGE) today announced financial results for the first quarter of 2011. Revenues in the first quarter of 2011 increased 66 percent to $50.2 million from $30.3 million in the first quarter of 2010. Net income grew more than tenfold to $5.8 million, or $0.30 per diluted share...

Jefferies & Company has raised the price target on Key Energy Services (NYSE: KEG) from $18 to $20 and maintains its Buy rating.

Exterran Partners, L.P. (NASDAQ: EXLP) today announced a cash distribution of $0.4775 per limited partner unit, or $1.91 per limited partner unit on an annualized basis, payable on May 13, 2011 to unitholders of record at the close of business on May 10, 2011. The first quarter 2011 distribution...