Oil & Gas Equipment & Services

UBS is upgrading shares of Baker Hughes Inc. (NYSE: BHI) from Neutral to Buy. UBS is also raising its PT on shares of BHI from $73 to $87. Baker Hughes currently trades at $71.02.

Halliburton (NYSE: HAL) has been awarded several contracts for the provision of equipment and services on two offshore blocks in the South China Sea. This is the first ultra-high-pressure/high-temperature (HP/HT) oil and gas drilling project in Asia. The exploration campaign calls for two firm...

Smithfield Foods Inc (NYSE: SFD) was upgraded by BB&T Capital from "hold" to "buy." SFD's shares closed at $22.69 yesterday. Smithfield Foods' PEG ratio is 0.90. RW Baird upgraded Red Hat Inc (NYSE: RHT) from “neutral” to “outperform.” RHT's shares closed at $39.97 yesterday. Red Hat's...

Analysts at UBS upgrade Baker Hughes Incorporated (NYSE: BHI) from “neutral” to “buy.” The target price for BHI has been raised from $73 to $87. BHI shares gained 0.88% to close at $71.23 yesterday. More Analyst Ratings here

Shares of Cameron International (NYSE: CAM) are lower on the session by 1.68%, trading at $58.99. Overall put volume is now running at 6.97x the daily average, with 54% of all puts traded being purchases on the offer. 8,827 contracts have traded on the session so far. Cameron International...

Low Priced Stocks on the Move:(GLBL),(HEK) New Year Highs

Several small-cap stocks with market capitalizations between $25 million and $2 billion hit new 52-week highs today. TGC Industries (AMEX: TGE) Onshore seismic data services provider TGC Industries (AMEX: TGE) advanced $0.20 or 2.6%...

Several small-cap stocks with market capitalizations between $25 million and $2 billion hit new 52-week highs today. TGC Industries (AMEX: TGE) Onshore seismic data services provider TGC Industries (AMEX: TGE) advanced $0.20 or 2.6%...

Dresser-Rand Group Inc (NYSE: DRC) announced today that it has completed its private offering of $375 million aggregate principal amount of 6.50% Senior Subordinated Notes due 2021. The 2021 Notes are senior subordinated obligations of Dresser-Rand and are guaranteed on a senior subordinated basis...

Shares of Complete Production Services (NYSE: CPX) are lower on the session by 2.70%, currently trading at $28.89. 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...

Dawson Geophysical Company (NASDAQ: DWSN) shares moved up 2.95% to $43.96 at 10:15 am. The volume of DWSN shares traded was 340% higher than normal. DWSN announced its plans to buy TGC Industries Inc (NASDAQ: TGE) in an all-stock deal for about $157 million. Constant Contact Inc (NASDAQ: CTCT)...

VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) traded 15.10% lower today, and it closed at $44.99. TVIX had a volume of 385K traded shares, and its average volume is 173K shares. Direxion Daily Energy Bear 3X Shares (ETF) (NYSE: ERY) fell 7.88% as Schlumberger Limited (NYSE: SLB) traded 4...

Direxion Daily Energy Bull 3X Shares (ETF) (NYSE: ERX) jumped 8.06% on Monday, and closed at $82.63. In the energy space, Schlumberger Limited (NYSE: SLB) gained 4.42%, and Marathon Oil Corporation (NYSE: MRO) spiked 4.41%. Global X Uranium ETF (NYSE: URA) added 8.01% in the regular trading...

Halliburton (NYSE: HAL) has been awarded a $120 million, three-year contract extension by Chevron Thailand for the provision of directional drilling, measurement-while-drilling (MWD) and logging-while-drilling (LWD) services for its ongoing offshore developments in the Gulf of Thailand.

Tesco Corporation (NASDAQ: TESO) shares rose 5.55% to create a new 52-week high of $20.91. TESO shares have surged 69.17% over the past 52 weeks, while the S&P 500 index has gained 10.29% in the same period. Capstone Turbine Corporation (NASDAQ: CPST) shares gained 3.26% to create a new 52-...