Oil & Gas Equipment & Services

The U.S. Department of Energy's National Renewable Energy Laboratory (NREL) estimates that the United States has nearly 4,150 gigawatts worth of offshore wind energy potential. Nearly 212 GW of that sits in relatively easy to get to shallow water. The DOE has set goals towards the development of 10...

Jefferies & Co. is reiterating its Buy rating and is raising its price target on shares of Hallburton (NYSE: HAL) to $63 from $59. In a note to clients, Jefferies writes, "HAL reported strong first-quarter results, especially in North America fueled by increased service intensity in oil and...

Jefferies is raising its PT on shares of Halliburton Company (NYSE: HAL) from $59 to $63.

BP plc (BP)- The Gulf Coast Claims Facility, established last August with $20 billion in seed money from BP, said it has approved 300,000 claims from businesses and individuals hurt by the spill, out of approximately 857,000 claims submitted. Poor trading results are likely to hurt Goldman Sachs...

On CNBC's Fast Money, Jon Najarian said that he likes Goldman Sachs Group, Inc. (NYSE: GS), because as soon as the company announced that it payed back the loan to Warren Buffett, the stock traded higher. Goldman Sachs Group, Inc. (GS) fell 0.87% today, and it closed at $153.78. Tim Seymour thinks...

Shares of Tenaris SA (NYSE: TS) are lower on the session by 3.25%, currently trading at $47.72. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while...

Shares of Halliburton Co (NYSE: HAL) rose about 0.3% after the company reported its Q1 net profit at $511 million, or $0.56 per share, up from $206 million, or $0.23 per share, in the year-earlier quarter. The company's revenue surged 40% to $5.28 billion. Excluding $46 million charge associated to...

IHS Inc. (NYSE: IHS), the leading global source of information and analysis, today announced it has acquired ODS-Petrodata, a premier provider of data, information and market intelligence to the offshore energy industry. “The acquisition of ODS-Petrodata gives IHS customers in the energy industry...

IHS Inc. (NYSE: IHS) today announced it has acquired ODS-Petrodata. Founded in 2002, ODS-Petrodata is a provider of energy information covering rigs, offshore field construction and marine support vessels that support critical commercial decision-making in the energy market. Financial terms of...

Pre-open movers US stock futures are lower this morning. Futures on the Dow Jones Industrial Average dipped 72 points to 12,231.00 and futures on the S&P 500 stock index fell 9.20 points to 1,309.80. Nasdaq 100 futures dropped 14 points to 2,295.75. A Peek Into Global Markets Negative...

Halliburton Company (NYSE: HAL) reported its Q1 adjusted EPS at $0.61, beating the consensus of $0.58. HAL reported its Q1 revenue at $5.3 billion, versus the consensus of $4.89 billion. HAL shares gained 1.47% to close at $46.82 on Friday. Read more from Benzinga's Company news.

US stock futures are lower this morning, as investors are awaiting earnings from Citigroup Inc (NYSE: C). Futures on the Dow Jones Industrial Average dipped 63 points to 12,240.00 and futures on the S&P 500 stock index fell 8.40 points to 1,310.60. Nasdaq 100 futures dropped 11 points to 2,298....

TD Ameritrade Holding Corp (NASDAQ: AMTD) is expected to post its FQ2 earnings at $0.28 per share on revenue of $702.23 million. Texas Instruments Inc (NYSE: TXN) is projected to report its Q1 earnings at $0.58 per share on revenue of $3.40 billion. Keycorp (NYSE: KEY) is expected to report its...

Some of the stocks that may grab investor focus today are: Wall Street expects Citigroup Inc (NYSE: C) to report its Q1 EPS at $0.09 on revenue of $20.55 billion. Citigroup shares gained 0.23% to $4.43 in after-hours trading. Analysts are expecting Texas Instruments Inc (NYSE: TXN) to have earned...

At 10am EST on Monday, the NAHB Housing Market Index for April will be released. A Briefing.com survey expects an index reading of 17. For equities, Citigroup Inc. (NYSE: C), Eli Lilly & Co. (NYSE: LLY), Gannett Co. Inc. (NYSE: GCI), Halliburton Co. (NYSE: HAL), Molina Healthcare (...