Oil & Gas Equipment & Services

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...

Gabelli is out with its report today on RPC (NYSE: RES), maintaining Buy. In a note to clients, Gabelli writes, "Demand from longer laterals and rising 'frac' stages combined with the doubling of RPC's pressure pumping fleet will drive 56% and 64% growth in revenue and EBITDA, respectively, in...

Credit Suisse has downgraded Complete Production Services (NYSE: CPX) from Outperform to Neutral. According to the report, "Following significant relative outperformance over the past 12 months-CPX shares are up 183% vs. 46% for the OSX Index-as well as a recovery in the shares following...

Auriga, which upgraded shares of Illumina Inc. (NASDAQ: ILMN), is providing some color on the stock. “Post-earnings, Illumina shares drifted lower as worries about demand within Genome Wide Association Studies (GWAS), a convertible offering, and profit-taking all weighed,” Auriga writes. “...

Dril-Quip, Inc. (NYSE: DRQ) today announced that it has been awarded a contract by Chevron U.S.A. Inc. to supply drilling equipment for the Big Foot Tension Leg Platform (TLP) to be installed in the Big Foot field located in the Walker Ridge area of the Gulf of Mexico. Dril-Quip will provide...

J.P. Morgan has issued a report raising the Price Target of IHS Inc (NYSE: IHS) from $75.00 to $85.00. According to J.P. Morgan, "We like IHS's growth strategy and see room for continued margin drive in coming years. But the stock has one of the highest valuations within our broader Information...

JP Morgan has raised the price target on IHS, Inc. (NYSE: IHS) from $75 to $85 and maintains its Neutral rating.

Analysts at Credit Suisse downgrade Complete Production Services Inc (NYSE: CPX) from “outperform” to “neutral.” CPX shares rose 3.23% to close at $31.01 on Friday. More Analyst Ratings here

Key Energy Services Ticks Higher On Takeover Chatter (NYSE: KEG).

Goldman Sachs has reported that it is upgrading Basic Energy Services (NYSE: BAS) from Sell to a Neutral Rating. According to Goldman Sachs, “We upgrade BAS to Neural from Sell and raise our six-month, EBITDA-based price target to $24 from $18 to reflect higher estimates and an M&A...

Goldman Sachs has reported that it is upgrading Basic Energy Services (NYSE: BAS) from Sell to a Neutral Rating. According to Goldman Sachs, “We upgrade BAS to Neural from Sell and raise our six-month, EBITDA-based price target to $24 from $18 to reflect higher estimates and an M&A...

Below are the top small-cap oil & gas equipment & services stocks on the NYSE and the NASDAQ in terms of cash. Helix Energy Solutions Group Inc (NYSE: HLX) had $391.08 million in total cash and $1.36 billion in total debt for the latest quarter. Global Industries Ltd (NASDAQ: GLBL) had $...

In a Form 4 filed earlier today, Oceaneering International (NYSE: OII) Director, Jerold Desroche, reported that he sold 8,000 shares of OII on March 24th for an average price of $86.20. The transaction totaled $689,572. Mr. Desroche owns 24,000 direct shares of OII. Source: The Washington...