Oil & Gas Equipment & Services

RPC Drops Sharply on Heavy Volume (NASDAQ: RES)

GS Financial Corp (NASDAQ: GSLA) shares jumped 16.35% to create a new 52-week high of $20.35. Home Bancorp Inc (NASDAQ: HBCP) announced its plans to buy GSLA for $26.2 million. Mobile Mini Inc (NASDAQ: MINI) shares gained 0.80% to touch a new 52-week high of $23.89. MINI's PEG ratio is 1.08....

Matrix Service Company (Nasdaq: MTRX) announced today that its subsidiary, Matrix Service Inc. has been selected to build 1.95 million barrels of storage for SemCrude®, L.P., a subsidiary of SemGroup® Corporation, based in Oklahoma City, OK. Matrix Service Inc. will provide engineering,...

Vera Bradley Inc (NASDAQ: VRA) shares rose 1.60% to create a new 52-week high of $42.02. VRA's PEG ratio is 1.28. Tesco Corporation (NASDAQ: TESO) shares gained 2.64% to create a new 52-week high of $22.15. TESO shares have surged 88.64% over the past 52 weeks, while the S&P 500 index has...

Direxion Daily India Bull 2X Shares (NYSE: INDL) led the gainers among the ETFs on Tuesday, with an increase of 5.22%. Infosys Technologies Limited (ADR) (NASDAQ: INFY) is a component of the Indus India Index, and it gained 1.92%. Direxion Daily China Bull 3x Shares ETF (NYSE: CZM) traded 3.55%...

Halliburton (NYSE: HAL), Schlumberger (NYSE: SLB), and Occidental Petroleum (NYSE: OXY) are all extending strong gains emanating from yesterday's trading session as NYMEX Light Sweet Crude futures have surged off the morning low of $102.70 to an intraday high of $104.25. Schlumberger (NYSE: SLB)...

Sterne Agee has lowered Halliburton Company's (NYSE: HAL) 2011 estimates. According to Sterne Agee, "Our EPS expectations are fully loaded with the Manifa expectations given our read-through from prior management comments regarding the long-awaited project; thus our 2012 outlook remains unchanged...

Morgan Keegan is lowering its Q1'11 EPS estimate on shares of Halliburton Company (NYSE: HAL) from $0.64 to $0.58 “to take into account worse than normal seasonal weather impact and North Africa/Middle East disruptions.” Halliburton Company closed Monday at $47.90.

On CNBC's Fast Money Tim Seymour advised the viewers to trim a little bit of Tata Motors Limited (ADR) (NYSE: TTM) on Tuesday. Tata Motors Limited (ADR) (TTM) gained 0.22% today, and closed at $27.04. Steve Grasso thinks that Complete Production Services, Inc. (NYSE: CPX) should be bought. He...

Halliburton (NYSE: HAL) reiterated today that it expects first quarter earnings to be impacted by seasonal declines due to the effect of year-end product sales and typical weather-related issues that occur in the first quarter of every year. The company estimates that the impact of these items...

Cameron (NYSE: CAM) will record a first quarter charge of approximately $0.15 per share associated with delays on a subsea systems project in Nigeria. Cameron President and Chief Executive Officer Jack B. Moore said, "Large subsea projects in emerging countries carry varying levels of risk,...

Schlumberger Ltd (NYSE: SLB), the world's largest oilfield services company, expects turmoil in the Middle East and Africa to knock 8 to 10 cents per share off first-quarter profit, Chief Executive Andrew Gould said on Monday. There were "significant" revenue disruptions in Egypt, Tunisia and...

This morning all of the major oil services stocks are trading higher during the first fifteen minutes of the day. The highly popular and traded Oil Services Holders Trust(NYSE: OIH) is trading higher by $1.65 to $161.00 a share. The pattern on the daily chart remains very good as the OIH has...

Unconfirmed Rumors Circulate that Helix Energy Solutions Group, Inc. (HLX) will be acquired at $25.00 a share by Oceaneering International, Inc. (OII). Companies couldnt be reached for comment..

Gabelli is out with its report today on Cameron International (NYSE: CAM), maintaining Hold. In a note to clients, Gabelli writes, "We expect Cameron to benefit from long-term growth in ultra-deepwater offshore production while U.S. land drilling activity is also driving demand for its surface...