Pritchard's Oil Services Weekly Report

Pritchard Capital Partners includes these companies in its top fundamental long ideas section for oil companies: Ensco, PLC ESV, FMC Technologies, Inc. FTI, Halliburton Company HAL, RPC, Inc. RES, and Superior Energy Services, Inc. SPN. Pritchard also reports on a marriage between Nabors Industries, Ltd. BNR and Superior Well Services, Inc. SWSI, costing NBR $900M, which is expected to bring in drilling business on a much larger scale, among the other acquisitions and expansions in the drilling industry. Seawell (74% owned by Seadrill Ltd. SRDL) acquired Allis-Chalmers Energy, Inc. AYL on Friday, while Noble Corporation NE purchased privately held Frontier Drilling and Rowan Schlumberger Ltd SLB in order to take out BJ Services and Smith International, Inc. SII. Overall, M&A made for a interesting, albeit slow week in the Oil Services industry.