Oil & Gas Equipment & Services

World oil demand has been increasing pretty rapidly. The International Energy Agency estimates that world oil demand is currently at a rate of about 88.2 million barrels per day. That is over 1,000 barrels per second! Think about that... Combine an already tight oil supply with the crisis in Egypt...

Shares of National Oilwell Varco (NYSE: NOV) are higher on the session by 1.38%, trading at $76.98. Overall call volume is now running at 2.44x the daily average, with 2% of all calls traded being purchases on the offer. 15,538 contracts have traded on the session so far. National Oilwell Varco,...

Tidewater Inc. (NYSE: TDW) announced today third quarter net earnings for the period ended December 31, 2010, of $34.4 million, or $0.67 per common share, on revenues of $271.8 million. For the same quarter last year, net earnings were $59.9 million, or $1.16 per common share, on revenues of $286....

Complete Production Services, Inc. (NYSE: CPX) today reported fourth quarter revenue of $472.8 million, an increase of 13% over the third quarter of 2010, and fourth quarter Adjusted EBITDA (as defined below) of $120.7 million, an increase of 7% over the third quarter of 2010. Fourth quarter 2010...

CARBO Ceramics Inc. (CRR) remains one hot company as it wrapped up the best year in the company's history in 2010. This Zacks #1 Rank (strong buy) recently surprised on the Zacks Consensus Estimate for the 4th quarter in a row which sent shares soaring to new highs. CARBO is the world's largest...

CARBO Ceramics Inc. (CRR) remains one hot company as it wrapped up the best year in the company's history in 2010. This Zacks #1 Rank (strong buy) recently surprised on the Zacks Consensus Estimate for the 4th quarter in a row which sent shares soaring to new highs. CARBO is the world's largest...

1. Wikipedia - The NY Times reports that "less fewer than 15 percent of its hundreds of thousands of contributors are women," and the reporter describes that outcome "as an intractable obstacle for the online encyclopedia." And Sue Gardner, executive director of Wikimedia/Wikipedia, "Has set a...

Oilfield service company National-Oilwell Varco (NOV) reported better-than-expected fourth quarter results, helped by robust drilling and pressure pumping activity throughout North America, as well as good project execution skills and manufacturing efficiency. Earnings per share came in at $1....

Oilfield service company National-Oilwell Varco (NOV) reported better-than-expected fourth quarter results, helped by robust drilling and pressure pumping activity throughout North America, as well as good project execution skills and manufacturing efficiency. Earnings per share came in at $1....

Dahlman Rose has discontinued coverage on the following companies: Key Energy Services (NYSE: KEG) - Buy - $16 Dril-Quip Inc. (NYSE: DRQ) - Hold - No PT National Oilwell Varco (NYSE: NOV) - Hold - No PT Schlumberger (NYSE: SLB) - Buy - $119 KEG Closed Wednesday at $13.50 DRQ Closed Wednesday at $78...

Dahlman Rose has discontinued its coverage on the following companies: Cameron International (NYSE: CAM) - Buy - $72 Baker Hughes (NYSE: BHI) - Buy - $95 FMC Technologies (NYSE: FTI) - Hold - No PT Patterson-UTI Energy (NASDAQ: PTEN) - Hold - No PT Nabors Industries (NYSE: NBR) - Hold - No PT CAM...

Dahlman Rose has discontinued its coverage on Halliburton (NYSE: HAL). Its latest rating was a Buy with a $68 PT, should no longer be relied on. HAL closed Wednesday at $46.61

Oil drilling equipment maker Cameron International Corp. (CAM) reported impressive fourth quarter and full year 2010 results riding on the back of strong order along with operational efficiency of long-term projects. The company's earnings per share (excluding special items) for the quarter...

Oil drilling equipment maker Cameron International Corp. (CAM) reported impressive fourth quarter and full year 2010 results riding on the back of strong order along with operational efficiency of long-term projects. The company's earnings per share (excluding special items) for the quarter...

Shares of Houston, Texas-based Cameron International Corporation (NYSE: CAM) are currently up 4.8% at $56.25 per share during Wednesday afternoon trading. Today's trading range for shares of Cameron International Corporation has been between $55.00 and a 52-week high of $58.23 per share. The...