Oil & Gas Equipment & Services

Shares of Newpark Resources (NYSE: NR) are falling hard this morning, currently off by 5.18%, trading at $5.68. The stock had been moving higher for the past two months, following a sharp slide in late-October, but is giving back the majority of those gains today. Shares tagged the 50-day moving...

The National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling, the White House panel responsible for investigating the Gulf of Mexico oil spill, has concluded that the spill was avoidable and blamed BP (NYSE: BP) and its contractors for the accident. The Deepwater Horizon rig...

Autodesk Inc (NASDAQ: ADSK) shares gained 5.41% to create a new 52-week high of $40.61. Analysts at Goldman Sachs upgraded ADSK from "neutral" to “buy." ORBCOMM Inc (NASDAQ: ORBC) shares rose 5.34% to touch a new 52-week high of $2.96. ORBC's trailing-twelve-month levered free cash flow is $27.12...

Howard Weil initiates coverage on Lufkin Industries (NASDAQ: LUFK) with a Market Perform rating and $64 price target.

Well, well. In early March, Cuba will commence with deep water drilling under contract with Repsol (YPF)and Statoil ASA (STO), using an older rig that was recently rehabbed by the Chinese. Reports indicate that it has fewer safety features than the BP's infamous Deepwater Horizon. The site is...

TTI Exploration, Inc. today announced that it has appointed Chris M. Friedemann as Chief Marketing Officer with immediate effect. Friedemann joined TTI from ION Geophysical Corporation (NYSE: IO) where he most recently served as Senior Vice President of Corporate Marketing.

Dover Corporation (DOV) announced that it has acquired Crowley, Texas-based leading designer and manufacturer of down-hole rod pumps and related products, Harbison-Fischer, Inc., for $402.5 million. Dover expects the acquisition to boost its earnings in 2011. Harbison-Fischer will be...

Dover Corporation (DOV) announced that it has acquired Crowley, Texas-based leading designer and manufacturer of down-hole rod pumps and related products, Harbison-Fischer, Inc., for $402.5 million. Dover expects the acquisition to boost its earnings in 2011. Harbison-Fischer will be...

Zoltek Companies Inc (NASDAQ: ZOLT) shares moved up 3.42% to $12.41 at 10:45 am. The volume of ZOLT shares traded was 331% higher than normal. ZOLT had $21.53 million in total cash and $981.00 thousand in total debt for the recent quarter. ATP Oil & Gas Corporation (NASDAQ: ATPG) shares rose 4....

J.P. Morgan is out with a research report this morning, where it reiterates its Neutral rating on HIS Inc. (NYSE: IHS); it has a $75.00 price target on the stock. The JPM analysts said that they believe underlying subscription trends continue to improve, but they do not expect acceleration in...

OYO Geospace (NASDAQ: OYOG) today announced it received a $7.4 million contract from BGP Inc., a subsidiary of China National Petroleum Corporation, to purchase a 7,000 single-channel GSR wireless seismic data acquisition system.

Oil States International, Inc. (OIS) recently hit a new all-time high at $65.98 as crude jumps above $90 on a bullish outlook for 2011. With a Q3 earnings surprise of 14% and a 33% next-year growth projection, this Zacks #1 rank stock provides a nice boost to Company Description Oil States...

Oil States International, Inc. (OIS) recently hit a new all-time high at $65.98 as crude jumps above $90 on a bullish outlook for 2011. With a Q3 earnings surprise of 14% and a 33% next-year growth projection, this Zacks #1 rank stock provides a nice boost to Company Description Oil States...

Cusick's Corner Happy 2011 and boy does this market seem happy. This is the time when you really need to be on your toes, do not get complacent. Market sentiment is not a timing tool, but rather a tool to help us gauge the progress of a trend and monitor if a trend is getting a little extreme....