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Schlumberger Will Gain Unconditional EU Approval To Merge With Cameron, New Report Says
Monday, January 25, 2016 - 9:10am | 138According to Reuters, Schlumberger Limited. (NYSE: SLB) is expected to receive unconditional European Union approval for its proposed $14.8 billion acquisition of Cameron International Corporation (NYSE: CAM). Reuters, citing "two people familiar with the matter," reported on Monday...
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Two Energy And Two Financial Stocks For The Rest Of 2014
Sunday, March 23, 2014 - 11:05am | 868A research report this past week from Credit Suisse analysts featured financials Discover Financial Services (NYSE: DFS) and KeyCorp (NYSE: KEY), as well as energy plays Cameron International (NYSE: CAM) and Tesoro (NYSE: TSO), as picks for the remainder of 2014. The momentous rise in the stock...
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Earnings Expectations For The Week Of January 27: Facebook, Google, Apple And More
Monday, January 27, 2014 - 7:56am | 982The earnings crunch is on this week. Highlights will include reports from Amazon.com, Apple, Boeing, Comcast, Facebook, Google and Yahoo! All of them are expected to report year-over-year growth in per-share earnings. But analysts are looking for declining profits from the likes of Caterpillar,...
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Oil Service Stocks That May Benefit From Mexican Energy Reform
Sunday, August 18, 2013 - 10:40am | 930A decline in oil output since 2004 has prompted recent energy reforms in Mexico. Analysts at Merrill Lynch feel Baker Hughes (NYSE: BHI), Ensco (NYSE: ESV), National Oilwell Varco (NYSE: NOV) and Schlumberger (NYSE: SLB) are among the big oil services companies positioned to benefit from...
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Pritchard Capital Provides Color on Oil Services
Monday, June 20, 2011 - 7:38am | 116Pritchard Capital provided color on the oil services. In a research report published today, Pritchard states, "The Oil Service Index (OSX-250.48) retreated 2.5% last week to underperform the S&P 500 (1,271.50) by 250 bp. The majority of shares in our universe traded lower; production services...
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Societe Generale Initiates Coverage On CAM, NOV, FTI, OII
Wednesday, June 8, 2011 - 7:33am | 66Societe Generale has initiated coverage on the following companies: Cameron International (NYSE: CAM) Buy, $59 PT National Oilwell Varco (NYSE: NOV) Buy, $84 PT FMC Technologies (NYSE: FTI) Hold, $46 PT Oceaneering International (NYSE: OII) Hold, $81 PT
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Goldman Sachs Releases Price Target Summary
Tuesday, May 24, 2011 - 8:56am | 428According to Goldman Sachs, Cabot Oil & Gas (NYSE: COG) price target has been increased to $68.00 from $67.00. Estimates for the current year are $0.87. Cameron International (NYSE: CAM) price target has gone down to $69.00 from $73.00. Estimates for the current year are $2.60. Canadian Natural...
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Equity Research Lowers PT And EPS On Cameron International (CAM)
Monday, May 2, 2011 - 7:54am | 78Equity Research lowered its earnings per share estimates on Cameron International (NYSE: CAM) in a research report published today. In the report, Equity Research states, "Our 2011 EPS estimate is being reduced to $2.55 and our 2012 EPS forecast to $3.35 (from $3.65)." Equity also downgraded its...
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Gabelli Maintains Hold on Cameron International (CAM)
Monday, March 28, 2011 - 9:12am | 96Gabelli is out with its report today on Cameron International (NYSE: CAM), maintaining Hold. In a note to clients, Gabelli writes, "We expect Cameron to benefit from long-term growth in ultra-deepwater offshore production while U.S. land drilling activity is also driving demand for its surface...
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Dahlman Rose On Oilfield Services
Monday, December 20, 2010 - 9:34am | 294Dahlman Rose has published a research report on Oilfield Services and poses the question: is there a soft floor under natural gas prices? In the report, Dahlman Rose writes "Drawing from synergies with our Coal & Utilities and E&P teams, we see a potential debate emerging that favors...
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Dahlman Reports Increased Offshore Activity
Monday, November 22, 2010 - 9:50am | 319Dahlman Rose has published a research report on oil field services as the industry continues to grow its offshore project backlog, showing a significant increase in offshore activity. In the report, Dahlman Rose writes "The last three months have seen an acceleration of indications for offshore rig...
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Cameron International Gives Guidance For 2011
Wednesday, November 3, 2010 - 8:34am | 165Dahlman Rose has published a research report on Cameron International (NYSE: CAM) after the company outlined international guidance for 2011. In the report, Dahlman Rose writes "Cameron reported 3Q10 EPS of $0.64 vs our and consensus estimates of $0.61. Revenues came in slightly below our expected...
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CAM Posts Strong 2Q, Estimates Raised By Dahlman
Thursday, August 5, 2010 - 11:46am | 106Cameron International (NYSE: CAM) posted 2Q EPS of $0.58, $0.01 above Dahlman Rose's estimate and cites North America as the key driver for 2Q, where surface systems and distributed valve results were strong and offset the realization of lower margin backlog from 2009 in the Valves &...
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Cameron Int'l Reports 2Q Surprise
Thursday, August 5, 2010 - 8:55am | 83Cameron International (NYSE: CAM) reported solid 2Q results due to strong DPS margins on clean execution and positive mix, according to Jefferies & Company. 2Q EPS were $0.58 vs. $0.54 via consensus and Jefferies, and over EBITDA margins increased to 18.1% from 17.5%, exceeding the 17%...