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Independence Contract Drilling Gets Bullish Comments From iBERIA Capital
Thursday, July 7, 2016 - 7:26am | 368Read More...With Independence Contract Drilling Inc (NYSE: ICD) management indicating more inbounds from customers, the company could announce a couple of new contracts over the next several weeks, iBERIA Capital Partners’ Robert MacKenzie said in a report. He maintained an Outperform rating on the...
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Halliburton Will Continue To Gain Market Share
Monday, June 27, 2016 - 8:30am | 290Read More...Iberia Capital’s Robert MacKenzie expects Halliburton Company (NYSE: HAL) to “continue to gain share from its competitors as the market starts to recover due to superior service quality, lower structural costs, and under-utilized active assets.” MacKenzie maintains an Outperform...
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Apache's Cautious Stance Will Prove Beneficial Over The Long Run
Thursday, May 26, 2016 - 11:33am | 241Read More...IBERIA Capital’s Eric Fox mentioned that Apache Corporation (NYSE: APA)'s cautious stance during the down cycle helped the company achieve its goal of balance sheet preservation, while preparing it for the upcoming recovery. Fox maintains a Sector Perform rating on the company, while raising...
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IBERIA Upgrades Jones Energy To Outperform, Sees A 'Light At The End Of The Tunnel'
Tuesday, May 24, 2016 - 8:55am | 294Read More...With Jones Energy Inc (NYSE: JONE) adding three full-time drilling rigs, IBERIA Capital’s Eli Kantor believes the company will be able to monetize its existing Cleveland Sand opportunity within 12 years, versus the earlier expectation of 27 years. Kantor upgraded the rating on the company...
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With Halliburton, Iberia Asks 'Why Look Elsewhere?'
Wednesday, May 4, 2016 - 9:14am | 336Read More...Iberia Capital’s Robert MacKenzie believes that Halliburton Company (NYSE: HAL) is the best positioned service company to benefit from a North American recovery given its leadership position in key markets – including pressure pumping and completions. The analyst maintains an Outperform...
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Iberia Capital Anticipates Further Downside For Schlumberger
Friday, December 18, 2015 - 10:03am | 366Read More...The share price of Schlumberger Limited. (NYSE: SLB) has declined 22.86 percent over the past six months, trading almost at its 52-week low on October 1 at $67.65. Iberia Capital’s Robert MacKenzie has maintained an Outperform rating on the company, with a price target of $94. MacKenzie...
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Previewing The Unpromising Q3 For Oilfield Services
Monday, November 2, 2015 - 7:58am | 785Read More...In a report issued Friday, analysts at Iberia Capital Partners shared a preview of third-quarter earnings for several oilfield services companies. The companies included in the research note are Atwood Oceanics, Inc. (NYSE: ATW), Bristow Group Inc (NYSE: BRS), Diamond Offshore Drilling Inc (...
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Hornbeck Offshore Downgraded At Iberia Capital On Weak 2016 Environment
Friday, October 30, 2015 - 9:11am | 319Read More...Hornbeck Offshore Services, Inc. (NYSE: HOS) shares have lost 47 percent year-to-date, and are trading close to the low end of their 52-week range of $13.11 - $33.54. Iberia Capital Partners’ Trey Stolz downgraded the rating on the company from Outperform to Sector Perform, while...
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Whiting Petroleum's Results Were Merely 'Lackluster,' Says Iberia's Eli Kantor
Thursday, October 29, 2015 - 8:25am | 298Read More...Whiting Petroleum Corp (NYSE: WLL) shares are down 49 percent year-to-date, declining steadily after hitting a high of $40.95 on March 18. Iberia Capital Partners’ Eli Kantor mentioned that the company’s 3Q results were lackluster, with capex and production missing expectations...
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Iberia Capital, Morgan Stanley Think Core Labs Can Win From This
Friday, October 23, 2015 - 10:00am | 520Read More...Shares of Core Laboratories N.V. (NYSE: CLB) have risen 10.63 percent over the last three months, hitting a high of $120.08 on October 14. Iberia’s Robert MacKenzie has maintained an Outperform rating and price target of $140 on the company, while Morgan Stanley’s Ole Slorer has...
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The 'Risk-Off' Way To Play Oilfield Services
Monday, October 19, 2015 - 2:00pm | 379Read More...Shares of Schlumberger Limited (NYSE: SLB) have declined 20.43 percent year-to-date, reaching a low of $67.65 on October 1. Robert MacKenzie of Iberia Capital Partners has maintained an Outperform rating on the company, with a price target of $94. Given the company’s “stellar...
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Iberia Capital To Laredo Petroleum Investors: Stock Now Fairly Valued
Tuesday, October 13, 2015 - 10:58am | 322Read More...Laredo Petroleum Inc (NYSE: LPI) shares have appreciated 22 percent year-to-date. Iberia Capital Partners’ Blaise Angelico downgraded the rating on the company from Outperform to Sector Perform, while maintaining a price target of $12. Laredo Petroleum’s strong liquidity...
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Carbo Ceramics Is In Cash Preservation Mode, These Analysts Say
Thursday, March 26, 2015 - 5:04pm | 388Read More...In a report published Thursday, IBERIA Capital Partners analysts maintained an Underperform rating on CARBO Ceramics Inc (NYSE: CRR), with a price target of $17, saying that the company is in "cash preservation mode," with demand declining rapidly in 1Q and costs remaining at elevated levels. The...
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UPDATE: IBERIA Capital Partners Downgrades Teck Resources as Coal Cost Pressures Linger
Tuesday, February 18, 2014 - 11:07am | 125Read More...In a report published Tuesday, IBERIA Capital Partners analyst David E. Beard downgraded the rating on Teck Resources (NYSE: TCK) from Outperform to Sector Perform, and removed the $35.00 price target. In the report, IBERIA Capital Partners noted, “TCK's stock might be worth 11x EPS plus hidden...
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UPDATE: IBERIA Capital Partners Downgrades Cloud Peak Energy on Conservative 2014 Guidance
Tuesday, February 18, 2014 - 11:06am | 104Read More...In a report published Tuesday, IBERIA Capital Partners analyst David E. Beard downgraded the rating on Cloud Peak Energy (NYSE: CLD) from Outperform to Sector Perform. In the report, IBERIA Capital Partners noted, “Substantial EBITDA and EPS cuts are driven by higher mining costs, higher DD&A...
