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Matrix Service Selected to Construct Aboveground Storage Tanks in Cushing, Oklahoma
Thursday, March 31, 2011 - 6:50am | 79Matrix 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,...
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NASDAQ Stocks Hitting 52-Week Highs (VRA, TESO, SABA, QSII)
Wednesday, March 30, 2011 - 9:17am | 132Vera 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...
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Benzinga's Top ETF Gainers, March 29th (INDL, CZM, ERX, REMX)
Tuesday, March 29, 2011 - 5:00pm | 202Direxion 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%...
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Offshore Oil Services Company Targets Profitability in 2011 (HLX, CRR, BP)
Tuesday, March 29, 2011 - 11:08am | 913We're continuing our review of oil and gas services stocks today. Yesterday I wrote, "Long term investors should remain bullish on oil and natural gas investments, regardless of the short-term implications of what's going on in Libya right now...I'll...
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Offshore Oil Services Company Targets Profitability in 2011 (HLX, CRR, BP)
Tuesday, March 29, 2011 - 11:08am | 913We're continuing our review of oil and gas services stocks today. Yesterday I wrote, "Long term investors should remain bullish on oil and natural gas investments, regardless of the short-term implications of what's going on in Libya right now...I'll...
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Energy Names Extend Gains (HAL, SLB, OXY)
Tuesday, March 29, 2011 - 10:02am | 179Halliburton (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)...
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Sterne Agee Lowers HAL 2011 Estimate
Tuesday, March 29, 2011 - 8:17am | 88Sterne 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...
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Morgan Keegan Lowers HAL Q1'11 EPS Estimate
Tuesday, March 29, 2011 - 6:40am | 47Morgan 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.
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Fast Money Picks For March 29th (TTM, CPX, BTU, CNX)
Monday, March 28, 2011 - 6:23pm | 160On 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...
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Halliburton Provides Operational Update
Monday, March 28, 2011 - 3:43pm | 115Halliburton (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...
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Cameron to Take First Quarter Charges of $0.17 Related to Subsea Systems Project, Libya Sanctions
Monday, March 28, 2011 - 3:16pm | 125Cameron (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,...
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Schlumberger Takes Modest Hit on Mideast Turmoil
Monday, March 28, 2011 - 1:55pm | 126Schlumberger 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...
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Energy Stocks to Watch for March 28th
Monday, March 28, 2011 - 11:44am | 1274Point Roberts, WA - March 28, 2011 (Investorideas.com Energy Newswire) - InvestorIdeas.com, a leader in sector research for investors including energy stocks, reports on oil and gas stocks to watch March 28th. Oil closed at $105.05 -0.35 -0.33%. Spreading unrest across the Middle East keeps oil...
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An Oil and Gas Services Company with the Right Stuff (CRR)
Monday, March 28, 2011 - 11:00am | 738Long term investors should remain bullish on oil and natural gas investments, regardless of the short-term implications of what's going on in Libya right now. But that story is grabbing headlines and is the catalyst that most people believe is behind oil's...
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An Oil and Gas Services Company with the Right Stuff (CRR)
Monday, March 28, 2011 - 11:00am | 738Long term investors should remain bullish on oil and natural gas investments, regardless of the short-term implications of what's going on in Libya right now. But that story is grabbing headlines and is the catalyst that most people believe is behind oil's...