All Posts Tagged With: "CAM"
(CAM) Cameron International Sees Profits Surge
Oil drilling equipment maker Cameron International Corp. (CAM) reported third quarter earnings per share (excluding special items) of 78 cents, exceeding the 64 cents (adjusted) earned in the prior-year quarter...
(ADSK) Autodesk Acquires Micro Application Packages Limited
Autodesk Inc. (ADSK) has agreed to acquire Micro Application Packages Ltd. (MAP Software), provider of computer-aided design (CAD), computer-aided manufacturing (CAM) and estimating software that lends support...
(EIA) Oil and Gas Stock Outlook – October 2011 – Industry Outlook
OUTLOOK
Crude Oil
Mounting worries about Europe’s debt crisis, a persistently weak U.S. jobs market and less-than-encouraging guidance from the Federal Reserve have been weighing on investor sentiment, weakening oil prices to around $85...
(CAM) Cameron International Lands Jette Subsea Contract
Oil drilling equipment maker Cameron International Corp. (CAM) announced a $56 million contract from Norwegian oil company Det Norske Oljeselskap ASA to supply future subsea technology solutions...
(PBR) Oil Industry Mergers and Acquisitions 2011
by Justin Dove, Investment U Research
(CAM) Cameron International Beats The Street – Profit and Backlog Up
Oil drilling equipment maker Cameron International Corp. (CAM) reported strong second quarter 2011 results, driven by robust performance from its ‘Drilling & Production Systems’ and...
(RIG) Transocean: Blame it on BP!
In an internal investigation report, drilling contractor Transocean Ltd (RIG) – the owner and operator of Deepwater Horizon oil rig at the heart of the Gulf of Mexico (GoM) disaster –...
(ARRS) Arris Group Analyst Maintains Neutral Rating
We reaffirm our long-term Neutral recommendation on Arris Group Inc. (ARRS). The company’s first-quarter 2011 financial results failed to meet the Zacks Consensus Estimates. Arris is a leading provider...
(DRQ) Dril-Quip Earnings Report Beats Consensus
Dril-Quip Inc.’s (DRQ) adjusted first-quarter 2011 earnings of 58 cents per share beat the Zacks Consensus Estimate by a penny. However, quarterly earnings dropped 18% from the year-ago adjusted profit level...
(CAM) Cameron International Reports Earnings Net Down
Oil drilling equipment maker Cameron International Corp. (CAM) reported weak first quarter 2011 results, adversely affected by muted performance from its ‘Drilling & Production Systems’ segment.
The...
(FTI) FMC Technologies Earnings Falls Short – Business Backlog Grows
Oil drilling equipment maker FMC Technologies Inc. (FTI) reported first quarter earnings per share from continuing operations (excluding a tax benefit of 3 cents) of 32 cents, lagging the...
(CAM) Cameron International Expects Lower First Quarter Earnings
Oil drilling equipment maker, Cameron International Corp. (CAM) announced that it expects to record total charge of approximately 17 cents...
(AAPL) Stock Market News for March 3, 2011 – Market News
Surging oil prices could not stop indices from edging higher on Thursday, as investors drew strength from the positives in a report from the Federal Reserve. However, unrest in Libya intensified with fresh attacks being launched in the key oil terminal city of Brega. Oil service...
(GE) General Electric Moves Into The Oil Services Industry
by Tony D’Altorio, Investment U Research
Tuesday, February 22,...
(FTI) FMC Technologies Earnings Report Delivers Mixed Fourth Quarter Report
Oil drilling equipment maker FMC Technologies Inc. (FTI) reported a mixed fourth quarter and full-year 2010 results.
The adjusted company’s earnings per share from continuing operations in fourth...
(AAPL) Stock Market News for Jan 27, 2011 – Market News
Markets rose to fresh highs as technology stocks led the rally after strong earnings results from Juniper Networks Inc (NYSE:JNPR) showed a continued demand for high-tech equipment.
(CAM) Stock Market News for Jan 26, 2011 – Market News
Markets closed almost flat yesterday after erasing losses ahead of President Obama’s State of Union speech, scheduled for later in the day. Late-day buying helped the markets gained slightly before the close.
(CAM) Cameron International’s Profit Continues in Third Quarter
Oil drilling equipment maker Cameron International Corp. (CAM) reported third quarter 2010 earnings per share (excluding special items) of 64 cents, surpassing the prior-year quarter result of 58 cents and...
(RIG) U.S. Federal Government Maintains Drilling Ban in Gulf of Mexico Despite New Rules
The federal government unveiled new regulations for offshore drillers and decided to keep its deepwater drilling moratorium in the Gulf of Mexico (GoM) in place for now, according to a release by the Interior Department.
In a bid to ensure safety and tackle the regulatory...
(CAM) Cameron International Tops – Overcomes Gulf of Mexico Crisis
Oil drilling equipment maker Cameron International Corp. (CAM) reported second quarter earnings per share (excluding special items) of 58 cents, surpassing the Zacks Consensus Estimate of 55 cents. The better-than-expected...
(KTOS) Financial Tides Guides on Profits in Medical Software
Time to do a little trimming in my Wall Street Survivor portfolio. I was a little hesitant to trim last week because I realized that last week’s negative market action was hitting everything and performance figures were not representative of any individual...
(BP) U.S. Offshore Oil Drilling and the Future
Can you hear that scurrying sound?
It’s the sound of expensive shoes scampering across the floor of BP’s (NYSE: BP) legal department, as hoards of lawyers try to minimize the financial...
(BP) Fallout from the Worst Oil Spill in U.S. History
As oil from the destroyed rig in the Gulf of Mexico continues to spill into the water, creating an oil slick the size of Delaware, there’s no doubt that the damages are going to be extremely high – both financially and environmentally.
British Petroleum...
(FTI) FMC Technologies’ Earnings Report Tops Expectations
Oil drilling equipment maker FMC Technologies Inc. (FTI) reported significantly better-than-expected first quarter 2010 results, helped by robust performance from its subsea oil and gas processing systems,...
(CAM) Cameron International Corporation Edges Past Estimate
Cameron International Corp.’s (CAM) fourth quarter results were marginally better than expected, reflecting solid performance in the execution of project-related business. Earnings per share, excluding severance-related...
(CAM) Cameron International Shows Near-term Outlook Positive
Oil drilling equipment maker Cameron International Corp. (CAM) is scheduled to report its fourth-quarter results on Tuesday, Feb 9, 2010, before the start of trading.
The Zacks Consensus Estimate for...
(BHI) U.S. Drilling Rig Count Climbs Again
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), reflecting intensified...
(EIA) Oil & Gas Stock Outlook – January 2010 – Industry 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 settling around the $80 per barrel level. But high levels of product inventories (particularly...
($BHI) Gas Rig Count Hits 10-Month High
According to data from Houston-based oilfield services company Baker Hughes Inc. (BHI), the number of rigs searching for oil and gas in the U.S. rose for the week ended Jan. 15, 2010, reflecting intensified...
(BHI) Weekly U.S. Drilling Rig Count Grows by 31
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), reflecting ramped-up...