All Posts Tagged With: "ACGY"
(ACGY) Acergy S.A. – ADR – Bull of the Day
Acergy’s (ACGY) second-quarter results, despite marginally missing estimates, reflected good project execution skills and solid activity levels. With a healthy backlog, significant cash balances and no near-term refinancing requirements, Acergy should weather the challenging...
17Sep2010 | vitalstocks | 0 comments | Continued(RIG) Oil & Gas Industry Stock Review – July 2010 – Industry Outlook
OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, had been the main driver of the oil rally that saw the commodity zoom past the $85 per barrel level in late April/early May 2010. However, in recent days, concerns about the European debt...
23Jul2010 | vitalstocks | 0 comments | Continued(HAL) Halliburton First Quarter 2010 Earnings Scorecard
Last month, Halliburton Co. (HAL) – one of the largest oilfield service providers in the world – announced its financial results for the first quarter ended March 31, 2010. Now that the Wall Street analysts have had some time to digest the quarterly performance of Halliburton,...
23May2010 | vitalstocks | 0 comments | Continued(EIA) Oil & Gas May 2010 Industry Outlook
OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, has been the main driver of the oil rally that saw the commodity breaching the $85 per barrel level earlier this month. However, in recent days, concerns about the European debt crisis...
17May2010 | vitalstocks | 0 comments | Continued(ACGY) Acergy S.A. Earnings Beat Forecasts – Revenues Increased 14.5%
London-based oilfield contractor Acergy S.A. (ACGY) reported better-than-expected first-quarter (ending Feb 28, 2010) results on the back of solid margins, strong operational performance, and good project execution skills. Solid activity levels in West Africa. Good contribution...
15Apr2010 | vitalstocks | 0 comments | Continued(VLO) Oil & Gas Industry Stock Review – March 2010 – Industry Outlook
OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, is the main driver of the current oil rally that has seen the commodity breaching the $80 per barrel level. But high levels of product inventories (gasoline and distillate stocks remain...
25Mar2010 | vitalstocks | 0 comments | Continued($VLO) Oil & Gas Industry Stock Review – March 2010 – Industry Outlook
OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, is the main driver of the current oil rally that has seen the commodity breaching the $80 per barrel level. But high levels of product inventories (gasoline and distillate stocks remain...
23Mar2010 | vitalstocks | 0 comments | Continued(ACGY) Acergy S.A. Analysts Maintain Outperform Rating
Acergy S.A. (ACGY) is a leading oilfield contractor engaged in the designing, procurement, building, installation and servicing of a range of offshore surface and sub-surface equipment for the oil and gas industry. In recent times, the company has successfully pursued a strategic...
19Mar2010 | vitalstocks | 0 comments | Continued(ACGY) Acergy S.A. Share Price Hits 52-Week High
American Depositary Receipts (ADRs) of Acergy S.A. (ACGY) hit a 52-week high of $15.87 Monday. The oilfield contractor has seen its share price climb 58% since September, as investors have been buying shares of the company for its attractive fundamentals and positive outlook....
29Dec2009 | vitalstocks | 0 comments | Continued(ACGY) Acergy S.A. Sees Reduced Margins in 2010
London-based oilfield contractor Acergy S.A. (ACGY) re-affirmed its 2009 financial guidance, while expecting flat sales and lower margins next year. The company cautioned that tougher competition for new tenders and continued irregular timing of projects will lead to lower adjusted...
1Dec2009 | vitalstocks | 0 comments | Continued(ACGY) Acergy S.A. Wins Nigeria Subsea Deal
Oilfield service provider Acergy S.A. (ACGY) yesterday announced the receipt of a $500 million contract from the Nigerian subsidiary of Chevron Corp. (CVX). As per the deal, Acergy will support Chevron Nigeria Ltd’s gas development program in Escravos, offshore Nigeria, in...
20Oct2009 | vitalstocks | 0 comments | Continued(ACGY) Acergy S. A. Tops Expectations but Lowers 2010 View
Earlier today, London-based oilfield contractor Acergy S.A. (ACGY) reported significantly better-than-expected third-quarter (ending August 31, 2009) results on the back of solid margins, strong operational performance, and good project execution skills. Earnings per share from...
16Oct2009 | vitalstocks | 0 comments | Continued(ACGY) Acergy Scores Pipeline Contract From Total in Angola
Yesterday, Acergy (ACGY) said it won a contract worth about $110 million from Total (TOT) E&P Angola and BP Angola (Block 18) B.V. The deal involves the installation of over 70 kilometers of 24-inch pipeline from Block 2, together with related jumpers, PLET and tie-ins to...
23Sep2009 | vitalstocks | 0 comments | Continued(ACGY) Acergy ADRs Set to Outperform
London-based Acergy S.A. (ACGY) is a leading oilfield contractor engaged in the designing, procurement, building, installation and servicing of a range of offshore surface and sub-surface equipment for the oil and gas industry. In recent times, the company has been successfully...
27Aug2009 | vitalstocks | 0 comments | Continued