Oil & Gas Equipment & Services

(LUFK) Lufkin Industries - Lufkin is cheap. It’s trading at only 6.7x forward earnings

Lufkin Industries Inc. (LUFK) saw third quarter revenues jump 42% on strong demand for its pumping units from the energy sector. The 106-year old company has no debt and $110 million in cash. It’s also cheap. LUFK trades at just 6.7x forward earnings. Company Description Lufkin... 

30Oct2008 | Shawn | 0 comments | Continued

(BHI) - Baker Hughes Inc - dividend of 15 cents per share was increased by 15%

Baker Hughes Incorporated (BHI) has seen analysts lift full-year earnings estimates to $5.51 per share from the two months-ago level of $5.29. The oil and gas services play recently hiked its dividend and reported second-quarter results that reflected solid growth.Company Description Baker... 

10Sep2008 | Shawn | 0 comments | Continued

(BHI) - Baker Hughes Inc - dividend of 15 cents per share was increased by 15%

Baker Hughes Incorporated (BHI) has seen analysts lift full-year earnings estimates to $5.51 per share from the two months-ago level of $5.29. The oil and gas services play recently hiked its dividend and reported second-quarter results that reflected solid growth.Company Description Baker... 

4Sep2008 | Shawn | 0 comments | Continued

(BHI) - Baker Hughes Inc - dividend of 15 cents per share was increased by 15%

Baker Hughes Incorporated (BHI) has seen analysts lift full-year earnings estimates to $5.51 per share from the two months-ago level of $5.29. The oil and gas services play recently hiked its dividend and reported second-quarter results that reflected solid growth.Company Description Baker... 

28Aug2008 | Shawn | 0 comments | Continued

(OIS) - Oil States Intl - Beat Wall Street Estimates by 15.46%

Oil States International continues to take advantage of a hot energy market as it saw second quarter revenues rise 26%. The company has beat Wall Street estimates 3 out of the last 4 quarters on average of 6.61%. Oil States has a forward P/E of 9.87.Company Description Oil States... 

7Aug2008 | Shawn | 0 comments | Continued

(BHI) - Baker Hughes - ROE of 25% is also above the industry average of 17%

Baker Hughes Incorporated (BHI) just declared a dividend of 15 cents per share, a 15% increase from the prior quarterly dividend of 13 cents. The company is yielding 0.6%, which is an appealing industry yield as most of the companies within BHI’s industry group pay no dividends.... 

30Jul2008 | Shawn | 0 comments | Continued