Oil & Gas Equipment & Services

Cameron (NYSE: CAM) has received a contract valued at approximately $90 million from Statoil for the provision of high temperature, high pressure (HPHT) surface wellhead and Christmas trees for the Norwegian Gudrun platform with further options for the Valemon and Brynhild platform developments....

Jefferies & Co. has a Buy rating and a $57 price target on shares of Cameron International Corporation (NYSE: CAM). In a note to clients, Jefferies writes, "Sentiment seems to be that CAM's 2011 guidance will be lackluster in relation to expectations. While guidance is hard to pinpoint, we have...

Analysts at BMO Capital upgrade Baker Hughes Incorporated (NYSE: BHI) from “market perform” to “outperform.” The target price for BHI has been raised from $53 to $90. BHI shares fell 0.94% to close at $58.74 yesterday. More Analyst Ratings here

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FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a contract with Statoil for the manufacture and supply of subsea production equipment to support the Gygrid offshore development. The award has a value of approximately $54 million in revenue to FMC Technologies.

Cusick's Corner Looks like the market is following that short-term trend I have been discussing in the last few Corners: challenge to the upside on good/great earnings, pulling back now at 1283 on SPX and on the way to mid month lows, then on to possibly consolidate for a period until longs can...

Oil drilling equipment maker FMC Technologies Inc. (FTI) announced the receipt of an $80 million contract (Option 3 - Girassol Infills) from French oil major TOTAL SA (TOT). The deal calls for FMC Technologies to manufacture and supply subsea production systems to TOTAL-operated Girassol Resource...

Oil drilling equipment maker FMC Technologies Inc. (FTI) announced the receipt of an $80 million contract (Option 3 - Girassol Infills) from French oil major TOTAL SA (TOT). The deal calls for FMC Technologies to manufacture and supply subsea production systems to TOTAL-operated Girassol Resource...

FMC Technologies (NYSE: FTI) has been awarded another subsea contract worth $80M. In a note to clients, Jefferies writes, "FTI remains one of the best ways for investors to play the strong demand for subsea equipment in the coming years, in our opinion. Near term, rapid growth in Fluid Control...

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OUTLOOK   Like everyone else, the Alternative Energy industry was hit hard by the Great Recession and essentially remains in recovery mode. And while the economy is in recovery mode, so is our hope for the industry. The growth outlook of alternative energy companies is closely tied to the fortunes...

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OUTLOOK   Like everyone else, the Alternative Energy industry was hit hard by the Great Recession and essentially remains in recovery mode. And while the economy is in recovery mode, so is our hope for the industry. The growth outlook of alternative energy companies is closely tied to the fortunes...

OUTLOOK   Like everyone else, the Alternative Energy industry was hit hard by the Great Recession and essentially remains in recovery mode. And while the economy is in recovery mode, so is our hope for the industry. The growth outlook of alternative energy companies is closely tied to the fortunes...

OUTLOOK   Like everyone else, the Alternative Energy industry was hit hard by the Great Recession and essentially remains in recovery mode. And while the economy is in recovery mode, so is our hope for the industry. The growth outlook of alternative energy companies is closely tied to the fortunes...