Oil & Gas Equipment & Services

In a report published by Gabelli, Weatherford Int'l's (NYSE: WFT) 2011 EPS estimate is reduced to $1.00 from $1.05. Gabelli said that it is reducing its 2011 EPS estimate to $1.00 from $1.05 and maintaining its 2012 estimate of $1.50. “Weatherford issued an 8-K last night announcing: Charles Greer...

In a report published by Jefferies, Weatherford Int'l (NYSE: WFT) shares should be reacting well. Jefferies said that WFT filed an 8K last night and cut its 1Q EPS guidance to $0.18 owing to disruptions in North Africa, weather around the world and a higher tax rate. “Importantly, WFT guided its...

Analysts at SunTrust initiate coverage of RPC Inc (NYSE: RES) with a “buy” rating. The target price for RES is set to $27. RES shares gained 0.35% to close at $20.03 yesterday. More Analyst Ratings here

Shares of Willbros Group, Inc. (NYSE: WG) are lower on the session by 11.24%, trading at $9.63. Overall call volume is now running at 8.02x the daily average, with 62% of all calls traded being purchases on the offer. 1,043 contracts have traded on the session so far. Willbros Group, Inc. is a...

Cameron (NYSE: CAM) has signed a Memorandum of Understanding (MOU) with Petrobras, confirming Cameron's intent to enhance its research and development efforts in Brazil through a $30 million investment in R&D facilities at two locations.

On CNBC's Fast Money, JJ Kinahan said that General Electric Company (NYSE: GE) should be bought on Tuesday. He believes that today's sell off is an overreaction to GE's exposures to Japan. General Electric Company (GE) fell 2.16% on Monday, and closed at $19.92. Joe Terranova wants to buy Baker...

PHI, Inc. (Nasdaq: PHII) today reported financial results for the year ended December 31, 2010. Operating revenues $516.9M EPS $0.46

In a Form 4 filed earlier today, Halliburton Co. (NYSE: HAL) Vice-President, Albert Cornelison, reported that he sold 32,000 shares of HAL on March 10th for an average price of $44.00. The transaction totaled $1,408,000. This sale was 10b5-1 Plan indicated. Mr. Cornelison owns 149,901 direct...

Today's PriceWatch Alerts cover the following stocks: Apple (NASDAQ: AAPL), Schlumberger Limited (NYSE: SLB), Navistar International (NYSE: NAV), Precision Castparts (NYSE: PCP), and Unum Group (NYSE: UNM). In today's unsure markets these brief PriceWatch Alerts contain concise detailed strategies...

Deutsche Bank said that given Baker Hughes' (NYSE: BHI) recent 8-K filing stating that “unusually cold weather in N. America and activity disruptions in Tunisia, Egypt and Libya will likely have a $0.04 - $0.07 negative impact on Q1 EPS (and assuming some spillover in Libya in Q2), we are adjusting...

Direxion Daily Energy Bear 3X Shares(ETF) (NYSE: ERY) spiked 10.82% on Thursday on the weakness in the energy stocks. This was the fifth trading session in a row that ERY closed higher. In the space, Schlumberger Limited (NYSE: SLB) fell 4.45%, and Exxon Mobil Corporation (NYSE: XOM) dropped 3.56...

The major oil services stocks are declining lower this morning. The highly traded Oil Services Holders Trust(NYSE: OIH) is declining lower this morning by $5.17 to $152.99 a share. The OIH will come into some strong intra-day support around the $151.50 level. Aggressive traders can look for an...

Tenaris SA (NYSE: TS) was downgraded by JP Morgan from "overweight" to "neutral." TS' shares closed at $46.62 yesterday. Tenaris' trailing-twelve-month ROA is 6.73%. Janney Capital downgraded Peet's Coffee & Tea Inc (NASDAQ: PEET) from “buy” to “sell.” PEET's stock closed at $48.05 yesterday....

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that MEMC Electronics (WFR) has “solar as well as semiconductor.” He added, “I think it's dirt cheap, I'm going to stick with it right here." For Qualcomm (QCOM), he said, "Everyone is buzzing that there's an oversupply of tablets...

Matrix Service Company (NASDAQ: MTRX) shares jumped 1.18% to create a new 52-week high of $14.59. MTRX reported better-than-expected Q2 results. Majesco Entertainment Company (NASDAQ: COOL) shares gained 35.54% to touch a new 52-week high of $2.25. COOL reported strong Q1 earnings and lifted...