Oil & Gas Equipment & Services

National Oilwell Varco (NYSE: NOV) has reported an adjusted 3Q EPS of $0.97 vs. Goldman's $0.92 estimate and also having improved margins in all segments. In the report, Goldman Sachs writes "NOV's recent run (+21% vs. OSX since late July) reflects improved clarity on the outlook for equipment...

T. Jay Collins, President and Chief Executive Officer of Oceaneering International, Inc. (NYSE: OII) stated “We are initiating 2011 EPS guidance with a range of $3.45 to $3.75, with the possibility of another record year. For our services and products, we anticipate international demand growth may...

T. Jay Collins, President and Chief Executive Officer of Oceaneering International, Inc. (NYSE: OII)stated: “Given our third quarter results and an improved fourth quarter outlook we now believe that our annual 2010 EPS performance will likely be the best in Oceaneering's history and are raising...

Oceaneering International, Inc. (NYSE: OII) today reported record earnings for the third quarter ended September 30, 2010. On revenue of $516 million, Oceaneering generated net income of $59.2 million, or $1.09 per share. Oceaneering reported revenue of $484 million and net income of $49.8 million...

Willbros Group, Inc. (NYSE: WG) announced today that James L. Gibson has been promoted to Chief Operating Officer of the Company from his present position as President of the Downstream Business Segment.

Here is the ETF Professor's ETF Watch List for Tuesday October 26, 2010. Play earnings from National Oilwell Varco (NYSE: NOV) with the Oil Services HOLDRs (AMEX: OIH). The Global X Silver Miners ETF (NYSE: SIL) added almost 3% on Monday. Keep an eye on the Consumer Discretionary Select Sector SPDR...

We retain our Neutral recommendation on Halliburton Company (HAL), following the impressive third quarter 2010 results, driven by an increased activity in the unconventional oil and gas shale plays in North America that counterbalanced a flat international performance. Third Quarter Recap...

We retain our Neutral recommendation on Halliburton Company (HAL), following the impressive third quarter 2010 results, driven by an increased activity in the unconventional oil and gas shale plays in North America that counterbalanced a flat international performance. Third Quarter Recap...

We retain our Neutral recommendation on Halliburton Company (HAL), following the impressive third quarter 2010 results, driven by an increased activity in the unconventional oil and gas shale plays in North America that counterbalanced a flat international performance. Third Quarter Recap...

Shares of Baker Hughes Incorporated (NYSE: BHI) are higher on the session by 0.58%, trading at $46.84. The stock has been moving largely higher over the past two months, though remains in a longer-term technical down trend. It is now at the technical sell point. Options traders are buying puts on...

After news of 9.6% 3Q10 economic growth, rising inflation, and interest rate hikes from China, Dahlman Rose & Co. said that it gauged where Chinese and Global oil demand estimates lie vs. GDP estimates and found that IEA estimates proved conservative vs. recent history. “Schlumberger's (NYSE:...

Schlumberger (NYSE: SLB) reported 3Q10 EPS of $0.70, vs Dahlman Rose's $0.75 estimate and consensus estimates that averaged about $0.70. Lagging share performance into 3Q10, possibly from worries about estimates following the Smith merger, was met with a solid recovery of North American performance...

Tidewater Inc. (NYSE: TDW) announced today that fiscal second quarter financial results for the three months ended September 30, 2010, are estimated to be between $0.35 - $0.40 on a fully diluted per share basis. Although Tidewater does not provide its own earnings forecast or endorse forecasts...

Baker Hughes Incorporated (NYSE: BHI) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable November 12, 2010, to holders of record on November 1, 2010.