Market Overview

Jeffries Previews Oil & Gas Sector

Share:

Analysts at Jeffries & Co. see near-term positives for the oil and gas services, namely GulfMark Offshore (GLF) and Hornbeck Offshore (HOS).

As for GLF, Jeffries states that second quarter results will likely be in-line with the possibility of a slight beat.

Analysts believe that "HOS has a "good chance of beating our 2Q estimates of $0.08 and FC of $0.12 given HOS' involvement in oil spill and relief efforts."

Both HOS and GLF report prior to the opening bell on July 29, 2010.

Posted-In: Analyst Ratings

 

Related Articles (GLF + HOS)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
WUBABOCOM InternationalDowngrades
DLTROTR GlobalUpgrades
ARCCCompass PointDowngrades
GTYHCitiInitiates Coverage On7.0
NKEGuggenheimMaintains100.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

The EU Announces Investigation of IBM (IBM)

Morning News Notes: 7/26/2010