Showing posts with label Schlumberger. Show all posts
Showing posts with label Schlumberger. Show all posts
Tuesday, October 16, 2012
Goldcorp (GG) (CAM) (CS) (HAL) (MEI) (SLB) (WFT) Had Ratings on Them Initiated
Goldcorp Inc. (GG), Cameron International Corp (CAM), Capstone Mining Corp. (CS), Halliburton (HAL), Manitok Energy (MEI), Schlumberger (SLB) and Weatherford (WFT) had ratings on them initiated by analysts.
Credit Suisse initiated coverage on Cameron International Corp (CAM). They placed an "Outperform" rating on the company.
BMO Capital Markets initiated coverage on Capstone Mining Corp. (CS) . They placed an "Outperform" rating on the company.
Barclays Capital initiated coverage on Goldcorp Inc. (GG). They placed an "Overweight" rating and price target of $62.00 on the company.
Credit Suisse initiated coverage on Halliburton (HAL). They placed an "Outperform" rating and price target of $44.00 on the company.
Stonecap Securities initiated coverage on Manitok Energy (MEI). They placed an "Outperform" rating and price target of $2.60 on the company.
Credit Suisse initiated coverage on Schlumberger (SLB). They placed a "Neutral" rating and price target of $66.00 on the company.
Credit Suisse initiated coverage on Weatherford (WFT). They placed a "Neutral" rating on the company.
Thursday, October 11, 2012
Harmony (HMY) (AEM) (PAL) (SLB) (OIS) Ratings Changes or Initiations
Harmony Gold Mining (HMY), Agnico-Eagle Mines Limited (AEM), North American Palladium Ltd. (PAL), Schlumberger (SLB), Oil States International, Inc. (OIS) had ratings on them upgraded or initiated by analysts.
UBS AG upgraded Agnico-Eagle Mines Limited (AEM) from a "Neutral" rating to a "Buy" rating.
UBS AG upgraded Harmony Gold Mining (HMY) from a "Sell" rating to a "Neutral" rating.
Credit Suisse upgraded North American Palladium Ltd. (PAL) from a "Neutral" rating to a "Outperform" rating. They have a price target of $15.00 on the company.
Howard Weil upgraded Schlumberger (SLB) from an "Outperform" rating to a "Focus Stock" rating.
BMO Capital Markets initiated coverage on Oil States International, Inc. (OIS). They have a "Market Perform" rating and price target of $88.00 on the company.
UBS AG upgraded Agnico-Eagle Mines Limited (AEM) from a "Neutral" rating to a "Buy" rating.
UBS AG upgraded Harmony Gold Mining (HMY) from a "Sell" rating to a "Neutral" rating.
Credit Suisse upgraded North American Palladium Ltd. (PAL) from a "Neutral" rating to a "Outperform" rating. They have a price target of $15.00 on the company.
Howard Weil upgraded Schlumberger (SLB) from an "Outperform" rating to a "Focus Stock" rating.
BMO Capital Markets initiated coverage on Oil States International, Inc. (OIS). They have a "Market Perform" rating and price target of $88.00 on the company.
Monday, July 23, 2012
RRI (GEN) (MOS) (NRG) (ROSE) (SLB) (VLO) (WLL) Upgraded by Analysts
Several commodity companies were upgraded by analysts Monday, including RRI Energy, Inc. (GEN), The Mosaic Company (MOS), NRG Energy, Inc. (NRG), Rosetta Resources Inc. (ROSE), Schlumberger (SLB), Valero Energy Co. (VLO) and Whiting Petroleum Co. (WLL).
Macquarie upgraded RRI Energy, Inc. (GEN) from a "Neutral" rating to an "Outperform" rating.
UBS AG (NYSE: UBS) upgraded RRI Energy, Inc. (GEN) from a "Neutral" rating to a "Buy" rating.
Barclays Capital upgraded RRI Energy, Inc. (GEN) from an "Equalweight" rating to an "Overweight" rating.
Citigroup (NYSE: C) upgraded The Mosaic Company (MOS) from a "Neutral" rating to a "Buy" rating. They raised their price from $62.00 $66.00 on the company.
Barclays Capital upgraded NRG Energy, Inc. (NRG) from an "Equalweight" rating to an "Overweight" rating.
Tudor Pickering upgraded Rosetta Resources Inc. (ROSE) from a "Hold" rating to a "Buy" rating.
Argus upgraded Schlumberger (SLB) from a "Hold" rating to a "Buy" rating. They placed a price target of $85.00 on the company.
UBS upgraded AG Valero Energy Co. (VLO) from a "Neutral" rating to a "Buy" rating.
Susquehanna upgraded Whiting Petroleum Co. (WLL) "Neutral" rating to a "Positive" rating.
Macquarie upgraded RRI Energy, Inc. (GEN) from a "Neutral" rating to an "Outperform" rating.
UBS AG (NYSE: UBS) upgraded RRI Energy, Inc. (GEN) from a "Neutral" rating to a "Buy" rating.
Barclays Capital upgraded RRI Energy, Inc. (GEN) from an "Equalweight" rating to an "Overweight" rating.
Citigroup (NYSE: C) upgraded The Mosaic Company (MOS) from a "Neutral" rating to a "Buy" rating. They raised their price from $62.00 $66.00 on the company.
Barclays Capital upgraded NRG Energy, Inc. (NRG) from an "Equalweight" rating to an "Overweight" rating.
Tudor Pickering upgraded Rosetta Resources Inc. (ROSE) from a "Hold" rating to a "Buy" rating.
Argus upgraded Schlumberger (SLB) from a "Hold" rating to a "Buy" rating. They placed a price target of $85.00 on the company.
UBS upgraded AG Valero Energy Co. (VLO) from a "Neutral" rating to a "Buy" rating.
Susquehanna upgraded Whiting Petroleum Co. (WLL) "Neutral" rating to a "Positive" rating.
Tuesday, October 25, 2011
Manpower (MAN) (SLB) (RNOW) (DRE) Price Targets, Ratings Changed
Manpower Inc. (MAN), Schlumberger (SLB), RightNow Technologies (RNOW) and Duke Realty Co. (DRE) had price targets and ratings on them adjusted by analysts.
Manpower Inc. (MAN) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) to $60.00.
Schlumberger (SLB) had its price target lowered by UBS AG (NYSE:UBS) from $100.00 to $95.00. They have a “Buy” rating on the company.
RightNow Technologies (RNOW) was downgraded by Barrington Research from an “Outperform” rating to a “Market Perform” rating.
Duke Realty Co. (DRE) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $13.00 on the company.
Manpower Inc. (MAN) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) to $60.00.
Schlumberger (SLB) had its price target lowered by UBS AG (NYSE:UBS) from $100.00 to $95.00. They have a “Buy” rating on the company.
RightNow Technologies (RNOW) was downgraded by Barrington Research from an “Outperform” rating to a “Market Perform” rating.
Duke Realty Co. (DRE) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $13.00 on the company.
Friday, July 23, 2010
Schlumberger (NYSE:SLB) Earnings Up, But Not Enough
After competitors like Halliburton (NYSE:HAL) and Weatherford (NYSE:WFT) exceeded analysts' expectations earlier in the week, Schlumberger (NYSE:SLB) had pressure to perform strongly as well, but were only able to meet expectations, not surpass, causing the share prices to drop on what was perceived as disappointing news.
Even the 33 percent increase in earnings to $818 million, or 68 cents a share, wasn't enough to get investors excited, as revenue wasn't able to even meet expectations, reaching $5.94 billion for the quarter.
The Obama administration moratorium did hurt Schlumberger more than some rivals, as they figured it cost them close to 2 cents a share for the quarter, and with the ongoing ban, will cost them from 8 to 12 cents a share in the second half.
With expectations high after other strong industry performances, and solid numbers for the last four quarters, Schlumberger was expected to exceed, rather than just meet, expectations, causing the disappointment from the market.
Schlumberger plunged to $58.91 as of 3:40 PM EDT, dropping $2.39, or 3.90 percent.
Even the 33 percent increase in earnings to $818 million, or 68 cents a share, wasn't enough to get investors excited, as revenue wasn't able to even meet expectations, reaching $5.94 billion for the quarter.
The Obama administration moratorium did hurt Schlumberger more than some rivals, as they figured it cost them close to 2 cents a share for the quarter, and with the ongoing ban, will cost them from 8 to 12 cents a share in the second half.
With expectations high after other strong industry performances, and solid numbers for the last four quarters, Schlumberger was expected to exceed, rather than just meet, expectations, causing the disappointment from the market.
Schlumberger plunged to $58.91 as of 3:40 PM EDT, dropping $2.39, or 3.90 percent.
Thursday, April 1, 2010
BP (LSE: BP) Awards Drilling Contracts in Iraq
BP Iraqi Drilling Contracts
BP (LSE: BP) has offered the lucrative drilling contract for the Rumaila oil field in Iraq, the largest one in the country, and one of the largest oil fields in the world, to several drilling companies. BP and its partner won about $500 million in contracts in the oil field, which will be contracted out to Schlumberger Ltd, Iraqi Drilling Company, Daqing Oil Field Co. Ltd and Weatherford International.
At this time 1.07 million barrels of oil a day are extracted from Rumaila, with a goal to increase that to 1.23 million barrels daily by the end of 2010, or at latest, early 2011. Ultimately they want to produce 2.85 million barrels a day. There are an estimated 17 billion barrels in crude oil reserves in Rumaila.
The group of companies will drill 70 wells this year in the oil field to increase production.
BP has entered several deal recently to build a solid foundation going forward, including in the Gulf of Mexico.
BP and its Chinese partner CNPC signed a 20-year contract to develop the oil field last year.
BP (LSE: BP) has offered the lucrative drilling contract for the Rumaila oil field in Iraq, the largest one in the country, and one of the largest oil fields in the world, to several drilling companies. BP and its partner won about $500 million in contracts in the oil field, which will be contracted out to Schlumberger Ltd, Iraqi Drilling Company, Daqing Oil Field Co. Ltd and Weatherford International.
At this time 1.07 million barrels of oil a day are extracted from Rumaila, with a goal to increase that to 1.23 million barrels daily by the end of 2010, or at latest, early 2011. Ultimately they want to produce 2.85 million barrels a day. There are an estimated 17 billion barrels in crude oil reserves in Rumaila.
The group of companies will drill 70 wells this year in the oil field to increase production.
BP has entered several deal recently to build a solid foundation going forward, including in the Gulf of Mexico.
BP and its Chinese partner CNPC signed a 20-year contract to develop the oil field last year.
Friday, March 26, 2010
Schlumberger (NYSE:SLB) Acquires 'The Geoservices Group'
Schlumberger Buys 'The Geoservices Group'
Schlumberger (NYSE:SLB) announced it has made a deal to acquire French company 'The Geoservices Group' for $1.07 billion. The Geoservices Group is an oil service company.
French private equity firm 'Astorg Partner' owned the company, along with an unknown number of minority shareholders, which has operations in 52 countries and employs about 5,000 workers.
Geoservices helps its customers in identifying and taking care of any drilling hazards they may face, and provide a better understanding of the geographical area they're drilling in.
Geoservices has a technology called "mud logging" which will complement the drilling systems used by Schlumberger.
Schlumberger Buys 'The Geoservices Group'
Schlumberger (NYSE:SLB) announced it has made a deal to acquire French company 'The Geoservices Group' for $1.07 billion. The Geoservices Group is an oil service company.
French private equity firm 'Astorg Partner' owned the company, along with an unknown number of minority shareholders, which has operations in 52 countries and employs about 5,000 workers.
Geoservices helps its customers in identifying and taking care of any drilling hazards they may face, and provide a better understanding of the geographical area they're drilling in.
Geoservices has a technology called "mud logging" which will complement the drilling systems used by Schlumberger.
Schlumberger Buys 'The Geoservices Group'
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