Oil & Gas Equipment & Services

Oilfield services company National-Oilwell Varco (NOV )  raised its quarterly cash dividend to 11 cents per share (44 cents per share annualized), representing an increase of approximately 10.0%. The new distribution is payable on December 17 to shareholders of record as on December 3, 2010....

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 decreases in the land and offshore rig counts for natural gas drilling. The Baker Hughes...

To cope with an increasing demand for its products, Baker Hughes Inc. (BHI) has opened a new facility in Welshpool, Australia. This is a 340,000 square feet facility, which includes offices, laboratories, training space, workshop facilities, a warehouse and storage as well as an equipment lay-...

To cope with an increasing demand for its products, Baker Hughes Inc. (BHI) has opened a new facility in Welshpool, Australia. This is a 340,000 square feet facility, which includes offices, laboratories, training space, workshop facilities, a warehouse and storage as well as an equipment lay-...

Robbins & Myers, Inc. (NYSE: RBN) and T-3 Energy Services, Inc. (Nasdaq: TTES) jointly announced today that Robbins & Myers and T-3 Energy Services, Inc. will hold special shareholders meetings on January 7, 2011 to approve the merger of T-3 with a subsidiary of Robbins & Myers....

SEACOR Holdings Inc. (NYSE: CKH) today announced that its Board of Directors declared a Special Dividend of $15.00 per common share. The Special Dividend is payable to shareholders of record on December 14, 2010 and is expected to be paid on December 21, 2010.

National-Oilwell Varco, Inc. (NYSE: NOV) is skyrocketing today, after the company raised its dividend 10%. The company said it will raise its quarterly dividend to be 11 cents a share. Shareholders as of December 3 will receive the payment 14 days later. "This dividend increase reflects the...

National Oilwell Varco, Inc. (NYSE: NOV) today announced that its Board of Directors has approved a 10 percent increase in the regular quarterly cash dividend to $0.11 per share of common stock, payable on December 17, 2010 to each stockholder of record on December 3, 2010.

Shares of Tenaris SA (NYSE: TS) are higher on the session by 2.83%, currently trading at $44.69. The stock has been moving largely higher over the past three months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short...

Shares of Dril-Quip, Inc. (NYSE: DRQ) are higher on the session by 2.95%, trading at $73.98. Overall call volume is now running at 8.53x the daily average, with 9% of all calls traded being purchases on the offer. 2,193 contracts have traded on the session so far. Dril-Quip, Inc. designs,...

For Immediate Release Chicago, IL – November 17, 2010 – Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...

Newer-technology aircraft is expected to help boost Bristow Group's (BRS) results throughout the second half of fiscal 2011. The company is coming off a big 45% earnings surprise in the fiscal second quarter. Bristow Group provides helicopters and other aircraft services to offshore energy...

Analysts at Morgan Stanley upgrade Dresser-Rand Group Inc (NYSE: DRC) from "equal weight" to "overweight." The target price for DRC has been raised from $55 to $58. DRC's shares lost 0.67% to close at $36.83 yesterday. More Analyst Ratings here

For Immediate Release Chicago, IL – November 17, 2010 – Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...

For Immediate Release Chicago, IL –November 16, 2010 – Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell): Fresh Del Monte Produce Inc. (FDP) and Vail...