Oil & Gas Equipment & Services

Complete Production Services, Inc. (NYSE: CPX) today reported first quarter revenue of $495.2 million, Adjusted EBITDA (as defined below) of $125.4 million, operating income of $76.2 million and net income of $38.9 million, or $0.50 per diluted share.

US stock futures are higher this morning, after upbeat results from Apple Inc (NASDAQ: AAPL). Investors are awaiting earnings reports from several companies and data on jobless claims. Futures on the Dow Jones Industrial Average gained 53 points to 12,449.00 and futures on the S&P 500 stock...

Schlumberger Ltd (NYSE: SLB) reported 40% rise in its Q1 net income. SLB reported its Q1 earnings at $944 million, or $0.69 per share, up from $672 million, or $0.56 per share, in the year-ago quarter. The company's adjusted profit came in at $0.71 per share. The company's revenue increased to $8...

Shares of Weatherford International Ltd (NYSE: WFT) dropped in pre-market trading after the company reported weaker-than-expected Q1 earnings. WFT swung to a Q1 profit of $59.2 million, or $0.08 per share, from a loss of $68.4 million, or $0.09 per share, in the year-ago quarter. The company's...

Advanced Micro Devices Inc (NYSE: AMD) is expected to report its Q1 EPS at $0.05 on revenue of $1.61 billion. McDonald's Corp (NYSE: MCD) is projected to post its Q1 EPS at $1.14 on revenue of $6.00 billion. General Electric Co (NYSE: GE) is projected to post its Q1 EPS at $0.28 on revenue of $34...

BP (NYSE: BP) filed suit against Transocean (NYSE: RIG), the world's largest provider of offshore drilling services, today in New Orleans federal court, seeking damages of at least $40 billion while saying the Swiss company is to blame for the Gulf of Mexico oil spill. BP, Europe's second-largest...

Seacor Holdings (NYSE: CKH) Reports Q1 EPS $0.52; Revenues $472.3M.

Geokinetics, Inc. (NYSE: GOK) today announced that since January 1, 2011 it has been awarded several new projects that, in aggregate, total approximately $370 million in revenue for work in Latin America, Australia, Canada, the Far East and the United States. Richard F. Miles, President and Chief...

Shares of Hornbeck Offshore Services (NYSE: HOS) are higher on the session by 1.36%, trading at $28.26. Overall put volume is now running at 38.52x the daily average, with 6% of all puts traded being purchases on the offer. 1,271 contracts have traded on the session so far. Hornbeck Offshore...

Shares of Superior Energy Services (NYSE: SPN) are lower on the session by 1.26%, trading at $39.28. Overall call volume is now running at 3.42x the daily average, with 37% of all calls traded being purchases on the offer. 1,177 contracts have traded on the session so far. Superior Energy...

Core Laboratories (NYSE: CLB) reported earnings of $0.77 per share, matching our $0.77 EPS estimate and above the consensus of $0.75. In the press release the company guided earnings for 2011 to a $3.55-$3.60 per share range, compared to Dahlman Rose's $3.76 per share estimate and a consensus of $3...

Superior Energy Services, Inc. (NYSE: SPN) announced today that SESI, a direct, wholly-owned subsidiary of the Company, is proposing to offer in a private placement $400.0 million in aggregate principal amount of senior unsecured notes due 2019.

Lufkin Industries (NASDAQ: LUFK) reported its Q1 EPS at $0.44, versus the consensus of $0.45. LUFK reported its Q1 revenue at $194.4 million, versus the consensus of $194.50 million. LUFK shares gained 1.73% to close at $94.42 yesterday. Read more from Benzinga's Company news.

Core Laboratories (NYSE: CLB) Guides Q2 EPS $0.84-$0.88; Revenues $215M-$220M

Core Laboratories (NYSE: CLB) Reports Q1 EPS $0.77 vs. $0.75 Estimate; Revenues $206.7M vs. $200.3M Estimate