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Stifel Says Schlumberger's Q2 Results, International Market Conditions Support Bullish View
Monday, July 22, 2019 - 11:20am | 311Read More...Schlumberger Limited. (NYSE: SLB) last week reported solid second-quarter results and management indicated they were comfortable with the consensus expectations for the third quarter. The company is likely to generate strong free cash flow and continue its disciplined capital spending approach,...
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Stifel Upgrades Schlumberger, Finds 6 Reasons To Turn Bullish
Friday, June 7, 2019 - 8:14am | 342Read More...Shares of Schlumberger Limited. (NYSE: SLB) are down about 50 percent over the past year and trading at a compelling valuation that offsets current concerns, according to Stifel. The Analyst Stifel's Stephen Gengaro upgraded Schlumberger from Hold to Buy and maintained a $50 price target. The...
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How Hurricane Harvey Has Impacted Gas Prices
Thursday, August 31, 2017 - 10:48am | 515Read More...Hurricane Harvey has triggered a unique phenomenon in the U.S. oil and gas industry. Since the devastating flooding in South Texas and Louisiana has disrupted far more crude oil refining capacity in the region than production capacity, the net result of the storm has been less crude oil being...
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Pros Outweigh Cons In Weatherford's First Quarter Under New CEO; Loop Capital Upgrades
Friday, February 3, 2017 - 2:59pm | 282Read More...Loop Capital upgraded Weatherford International Plc (NYSE: WFT) to Buy from Hold following increased confidence in new CEO Krishna Shivram’s vision to restore profitability at the company. Justification For Upgrade Shivram’s plan includes reducing debt to below $3 billion over the next...
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Oilfield States International Is A Favorite Small-Cap Pick
Friday, December 23, 2016 - 9:52am | 263Read More...OPEC has announced production cuts. This, along with President-elect Donald Trump's likely pro-hydrocarbon policies would support “sharply higher” U.S. drilling activity “at least in 2017–18,” Loop Capital Markets’ Stephen Gengaro said in a report. Gengaro...
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North America Leading Halliburton's Recovery As It Looks For Earnings Growth In The New Year
Thursday, October 20, 2016 - 9:36am | 353Read More...Halliburton Company (NYSE: HAL)’s Q3 earnings beat is yet another indicator that the company is well-positioned for a potential long-term recovery in the North American oil industry. In a new note, Loop Capital analyst Stephen Gengaro reiterates the firm’s Buy rating on Halliburton...
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UPDATE: Sterne Agee Downgrades Oil States International on REIT Potential
Tuesday, May 21, 2013 - 8:17am | 90Read More...In a report published on Tuesday, Sterne Agee analyst Stephen Gengaro downgraded Oil States International (NYSE: OIS) from Buy to Neutral and maintained a price target of $99.00. In the report, Sterne Agee noted, "Over the last few weeks, OIS shares have surged over $26 (35%) following the 13D...
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Jefferies & Company Maintains Buy Rating For Core Laboratories (CLB)
Monday, May 3, 2010 - 2:59pm | 96Read More...Analyst Stephen Gengaro at Jefferies & Company has released an update on Core Laboratories (NYSE: CLB). The company reported its first-quarter results, last week. Core Laboratories reported first-quarter EPS of $1.38, which was ahead of Jefferies’ estimate of $1.36 and consensus of $1.31....
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Jefferies & Company Inc. Raises Price Target For FMC Technologies, Inc. (FTI)
Friday, April 30, 2010 - 4:37pm | 96Read More...Analyst Stephen Gengaro at Jefferies & Company Inc. has released an update on FMC Technologies (NYSE: FTI). The company has reported its first-quarter results. FMC Technologies reported first-quarter EPS of $0.80, which was ahead of Jefferies’ estimate of $0.67 and consensus estimate of $0.64...
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Helix Energy Solutions Group, Inc. (HLX) Maintains A Buy Rating
Friday, February 26, 2010 - 8:49pm | 98Read More...Analyst Stephen Gengaro at Jefferies & Company, Inc. has maintained a Buy rating for Helix Energy Solutions Group, Inc. (NYSE: HLX). Jefferies has maintained its price target of $15 for the Helix Energy Solutions Group, Inc, stock. According to Jefferies, the company’s oil, and gas production...
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Tenaris’ (TS) Price Target lowered
Friday, February 26, 2010 - 8:19pm | 83Read More...Analyst Stephen Gengaro at Jefferies & Company, Inc. has lowered the price target for Tenaris (ADR) (NYSE: TS) from $53 to $50. According to Jefferies, the company is well positioned to capitalize on the rising OCT demand over the next several years. Jefferies believes that the improving...
