Oil & Gas Equipment & Services

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a fall in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting a decrease in the land rig count. The Baker Hughes rig count, issued since 1944, acts as...

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a fall in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting a decrease in the land rig count. The Baker Hughes rig count, issued since 1944, acts as...

Halliburton (NYSE: HAL) announced today that Joseph F. Andolino will join Halliburton as senior vice president of Tax, effective January 1, 2011. Andolino is a tax attorney and brings more than 32 years of experience in international, domestic and strategic tax arenas to his new role at Halliburton.

Shares of Core Laboratories N.V. (NYSE: CLB) are higher on the session by 0.44%, trading at $90.59. Overall call volume is now running at 5.30x the daily average, with 0% of all calls traded being purchases on the offer. 1,001 contracts have traded on the session so far. Core Laboratories N.V. is...

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Acergy S.A. (ACGY) Agilysys Inc (AGYS) China Agritech Inc (CAGC) Drew Industries Inc (DW) Hercules Tech (HTGC) View the entire Zacks #5 Rank List. ACERGY SA (ACGY): Free Stock Analysis Report AGILYSYS INC (AGYS): Free Stock...

Oppenheimer is out with its report on Weatherford International (NYSE: WFT). In a note to clients, Oppenheimer writes, "After 26% upside since October (S&P500 up 5%), the stock could see near-term profit taking. However, continued earnings momentum through 2012 leads us to raise our price...

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Acergy S.A. (ACGY) Agilysys Inc (AGYS) China Agritech Inc (CAGC) Drew Industries Inc (DW) Hercules Tech (HTGC) View the entire Zacks #5 Rank List. ACERGY SA (ACGY): Free Stock Analysis Report AGILYSYS INC (AGYS): Free Stock...

Oppenheimer is raising its PT on Weatherford International, Ltd (NYSE: WFT) from $23 to $28.

Direxion Daily Small Cap Bull 3X Shares(ETF) (NYSE: TNA) gained 2.76% today, as the Russell 2000 Index traded higher. TNA closed at $70.39, and had a volume of 7.26M traded shares. Direxion Daily 30-Year Treasury Bull 3X Shares (NYSE: TMF) jumped 1.95%, and closed at $31.85. TMF had a volume of...

Basic Energy Services, Inc. (NYSE: BAS) announced today that it has acquired all of the outstanding stock of Platinum Pressure Services, Inc. for total cash consideration of $35.0 million, net of working capital acquired.

Herman Miller Inc (NASDAQ: MLHR) shares gained 7.43% to create a new 52-week high of $24.86. MLHR reported better-than-expected 2Q earnings. Lufkin Industries Inc (NASDAQ: LUFK) shares jumped 1.04% to touch a new 52-week high of $59.52. LUFK's trailing-twelve-month revenue per share is $19.38....

Shares of Key Energy Services (NYSE: KEG) are higher on the session by 4.54%, currently trading at $11.97. The stock has been moving largely higher over the past six and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short...

Sterne Agee is raising its price objective on Weatherford International, Ltd (NYSE: WFT) to $25. “This target represents about 13.2x our 2012 EPS estimate of $1.90, which has been revised up from $1.78,” Sterne Agee writes. “Our 2011 estimate is now $1.30, up from $1.20. “WFT has suffered from a...

As the year winds up, I thought I would take a look at the sector performance for the oil and oil services names for 2010. The exploration and production names like Chesapeake (NYSE: CHK), Barnwell Industries, Inc. (AMEX: BRN), Carrizo Oil & Gas, Inc. (NASDAQ: CRZO) and Brigham Exploration...

Sterne Agee said today that Schlumberger N.V. (NYSE: SLB) is a top pick for 2011, and that as a result of that it, it is raising its price objective to $103. “This target would be a mere 8% below the all-time high, representing about 19x our revised 2012 EPS estimate of $5.35, which is up from $4....