Oil & Gas Equipment & Services

ION Geophysical Corporation (NYSE: IO) today reported third quarter 2010 revenues of $121.6 million, resulting in net income of $11.9 million, or $0.08 per diluted share. In the third quarter of 2009, ION's net loss was ($6.8) million, or ($0.06) per share, on revenues of $102.4 million. After...

Shares of Hornbeck Offshore Services, Inc. (NYSE: HOS) are higher on the session by 0.26%, currently trading at $22.88. The stock has been moving largely higher for the past five months and is trending higher above the 50-day and 200-day moving averages. Options traders are buying puts on the...

Shares of Helix Energy Solutions Group, Inc. (NYSE: HLX) are lower on the session by 1.21%, currently trading at $13.04. The stock has been moving largely higher over the past two months after bouncing off of the $8.50 level. Shares are now trading above the 50-day and 200-day moving averages....

Shares of Dresser-Rand Group Inc. (NYSE: DRC) are higher on the session by 1.99%, currently trading at $35.84. The stock has been moving largely higher over the past six months, though recently sold off hard. It appears that it has passed a test of the 200-day moving average and is now indicated...

J.P. Morgan is raising its price target on National Oilwell Varco, Inc. (NYSE: NOV), which remains its top pick. “We raised our NOV price target to $65 as the stock is trading a full 56% below fair value on normalized EBITDA,” J.P. Morgan writes. “We expect considerable acquisition talk and action...

Natural Gas Services Group, Inc. (NYSE: NGS) announces its financial results for the third quarter and nine months ended September 30, 2010. Total revenue increased from $11.9 million to $14.2 million, or 20%, for the third quarter ended September 30, 2010, compared to the second quarter ended June...

Dahlman Rose has published a research report on Cameron International (NYSE: CAM) after the company outlined international guidance for 2011. In the report, Dahlman Rose writes "Cameron reported 3Q10 EPS of $0.64 vs our and consensus estimates of $0.61. Revenues came in slightly below our expected...

Tidewater Inc. (NYSE: TDW) announced today second quarter net earnings for the period ended September 30, 2010, of $19.4 million, or $0.38 per share, on revenues of $267.1 million. For the same quarter last year, net earnings were $98.2 million, or $1.90 per share, inclusive of a $34.3 million, or...

Direxion Daily Small Cap Bull 3X Shares(ETF) (NYSE: TNA) gained 6.24% today, and it closed at $54.84 as the Russell 2000 Index traded higher. TNA had a volume of 7.25M traded shares. Direxion Latin America Bull 3X - Triple-Leveraged ETF (NYSE: LBJ) jumped 4.84% on Tuesday as Petroleo Brasileiro SA...

Oil drilling equipment maker Cameron International Corp. (CAM) reported third quarter 2010 earnings per share (excluding special items) of 64 cents, surpassing the prior-year quarter result of 58 cents and the Zacks Consensus Estimate of 60 cents. Considering the integration expense, associated...

Stocks had a flat day on Friday but closed out October on a solid footing as investors braced themselves for this week's Federal Reserve meeting and the mid-term elections. Upward revision to second-quarter GDP also helped send indexes higher. The Dow average edged up slightly more than 4 points,...

• Baker Hughes (NYSE: BHI) posted third quarter earnings of $0.54, $0.07 better-than-expected, on an 83% revenue surge to $4.1 billion, up from Street estimates of $3.8 billion • Humana (NYSE: HUM) beat estimates by $0.35 with third quarter adjusted earnings of $2.01, versus estimates of $1.66, on...

Baker Hughes Inc. (BHI) reported a more than three-fold jump in per share profit in the third quarter driven by the strength of the US Land market and seasonal recovery in Canada. The company's earnings came in at 59 cents per share, compared with the Zacks Consensus Estimate of 46 cents and...

Stocks had a mixed finish on Monday as investors avoided taking chances ahead of this week's Federal Reserve meeting and the mid-term elections. A surprise jump in October manufacturing activities in China and the U.S. gave stocks some initial boost but the rally faded as investors, already...

Dahlman Rose has published a research report on Baker Hughes, Inc. (NYSE: BHI) after the company reported 3Q earnings that exceeded expectations, a welcome surprise after the company's lacking 2Q. In the report, Dahlman Rose writes "BHI reported 3Q10 EPS of $0.58, vs our estimate of $0.43 and...