Sterne Agee Coverage Initiations for 10/18/2011

Symbols: BHI, CAM, CLB, DRQ, FTI, HAL, NOV, NR, OII, OIS, SPN, TS, TTI, WFT
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Sterne Agee has initiated coverage on the following companies:

Baker Hughes, Inc. - (NYSE: BHI) Buy - Target: $71

Cameron International Corporation - (NYSE: CAM) Buy - Target: $57

Core Laboratories N.V. - (NYSE: CLB) Neutral

Dril-Quip Inc. - (NYSE: DRQ) Neutral

FMC Technologies Inc. - (NYSE: FTI) Neutral

Halliburton Company - (NYSE: HAL) Buy - Target: $48

National Oilwell Varco, Inc. - (NYSE: NOV) Buy - Target: $81

Newpark Resources Inc. - (NYSE: NR) Neutral

Oceaneering International Inc. - (NYSE: OII) Neutral

Oil States International Inc. - (NYSE: OIS) Buy - Target: $80

Superior Energy Services Inc. - (NYSE: SPN) Buy - Target: $33

Tenaris S.S. ADS - (NYSE: TS) Neutral

Tetra Technologies Inc. - (NYSE: TTI) Neutral

Weatherford International Ltd. - (NYSE: WFT) Buy - Target: $20


 
 
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