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Pros Outweigh Cons In Weatherford's First Quarter Under New CEO; Loop Capital Upgrades
Friday, February 3, 2017 - 3:59pm | 282Loop 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 - 10:52am | 263OPEC 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 - 10:36am | 353Halliburton 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 - 9:17am | 90In 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 - 3:59pm | 96Analyst 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 - 5:37pm | 96Analyst 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 - 9:49pm | 98Analyst 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 - 9:19pm | 83Analyst 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...