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Independence Contract Drilling Gets Bullish Comments From iBERIA Capital
Thursday, July 7, 2016 - 7:26am | 368With 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 | 290Iberia 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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With Halliburton, Iberia Asks 'Why Look Elsewhere?'
Wednesday, May 4, 2016 - 9:14am | 336Iberia 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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2 Ways To Play The 2017 Fracking Recovery
Monday, March 7, 2016 - 11:04am | 409Iberia’s Robert MacKenzie expects the U.S. Fracturing Market to recover by 4Q17, and believes that RPC, Inc. (NYSE: RES) and Basic Energy Services, Inc (NYSE: BAS) are poised to benefit from this. “Our analysis indicates that a combination of a modest recovery in drilling and...
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Iberia Capital Anticipates Further Downside For Schlumberger
Friday, December 18, 2015 - 10:03am | 366The 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 | 785In 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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Iberia Capital, Morgan Stanley Think Core Labs Can Win From This
Friday, October 23, 2015 - 10:00am | 520Shares 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 | 379Shares 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...