All Posts Tagged With: "WFT"

(CVX) Oil & Gas Stock Outlook – January 2013 – Industry Outlook

OUTLOOK Crude Oil High U.S. crude and fuel stocks, worries about North America and Europe’s growth outlook, a strong dollar and an impending fight over raising the U.S. debt ceiling have weakened oil prices to around low-$90s a barrel. Partly offsetting this unfavorable...

18Jan2013 | | Comments Off | Continued

(WFT) Weatherford International – Bear of the Day

We are maintaining our recommendation on Weatherford International (WFT) at Underperform. Operating results in the third quarter were challenging, and several one-time or transitory issues impacted the results. The company expects its...

15Jan2013 | | Comments Off | Continued

(DOV) Dover Updates 2012 and 2013 Outlook

Dover Corporation (DOV) recently updated its outlook for fiscal 2012 and 2013 and highlighted its growth initiatives for the next three years. Dover has trimmed its fiscal 2012 EPS guidance to a range of $4.36 to $4.46 from...

16Dec2012 | | Comments Off | Continued

(WFT) Weatherford International – Bear of the Day

We are maintaining our recommendation on Weatherford International Ltd. (WFT) at Underperform following the delay in the reporting of income taxes due to the material weakness in internal controls. Weatherford expects weather-related...

15Oct2012 | | Comments Off | Continued

(DOV) Dover Analyst Stays Neutral on Shares

We reiterate our Neutral recommendation on Dover Corporation (DOV), which specializes in industrial products and manufacturing equipment in U.S. and has subsidiaries and affiliates in Canada, France, Germany, the Netherlands, Sweden,...

26Mar2012 | | Comments Off | Continued

(DOV) Dover Set to Acquire Maag Group

Recently, Dover Corporation (DOV) announced its decision to acquire the Maag Group, the global leader in external gear pump technology and engineered solutions. The value of the transaction is undisclosed as yet. Maag Group...

14Feb2012 | | 0 comments | Continued

(SLB) Schlumberger Limited to Drill for Petroleos Mexicanos (Pemex)

Houston, Texas-based Schlumberger Limited (SLB)’s local branch secured the right to drill a mature oil field offered by Mexico’s state oil monopoly Petroleos Mexicanos (Pemex) after the original winner – Mexican concern Administradora...

26Oct2011 | | 0 comments | Continued

(DOV) Dover Sells a Pair of Companies

Dover Corporation (DOV) stated it has entered into an agreement to sell a couple of its operating companies belonging to the Industrial Products segment to International Equipment Solutions, LLC, an affiliate of KPS Capital Partners,...

12Sep2011 | | 0 comments | Continued

(ACIW) Company News for July 27, 2011 – Corporate Summary

•    Ford (NYSE:F) reported Q2 EPS of $0.65, ex-items, exceeding the Zacks Consensus Estimate of $0.60 per share. Revenues from the auto sector rose 16.3% year-over-year to $33.5 billion, beating the Zacks Consensus Estimate of $31.8 billion •   ...

27Jul2011 | | 0 comments | Continued

(DOV) Dover Completes Vienna Acquisition From NXP Semiconductors NV

Dover Corporation (DOV) completed the acquisition of Vienna, an Austria-based Sound Solutions business line of NXP Semiconductors NV (NXPI) for $855 million. The...

6Jul2011 | | 0 comments | Continued

(IMF) Stock Market News for June 22, 2011 – Market News

Markets ended in the green for the fourth consecutive day after Greece’s Prime Minister won a confidence vote which may help the nation avoid a sovereign debt default. While the technology and energy sectors chipped in to bolster the benchmarks, a smaller-than-expected decline in existing home sales...

22Jun2011 | | 0 comments | Continued

(BP) BP Plc Secures $75 Million from Weatherford International

BP Plc (BP “> ) has rea ched an agreement with an affiliate of Weatherford International Ltd. (WFT)...

21Jun2011 | | 0 comments | Continued

(VLO) Oil & Gas Industry Outlook – May 2011 – Industry Outlook

OUTLOOK Crude Oil The improving economic scene –- both here in the U.S. as well as worldwide –- and the continued unrest in producing countries had been the main driver of the oil rally that saw the commodity zoom past the $110 per barrel...

18May2011 | | 0 comments | Continued

(SLB) Schlumberger Limited Analyst Maintains Neutral Rating on Shares

We are maintaining our Neutral recommendation on Schlumberger Limited (SLB). We prefer to remain on the sidelines mainly due to the anticipated short-term profit disruption from the political turbulence in the Middle East and Africa...

10Apr2011 | | 0 comments | Continued

(HPQ) Stock Market News for April 7, 2011 – Market News

Investors stayed away from making large bets as markets posted modest gains amidst low volumes. The technology sector was driven higher after Cisco’s chief executive said the company was implementing stricter methods to narrow its focus. Consequently, the broader market received an impetus. The...

7Apr2011 | | 0 comments | Continued

(ADP) Stock Market News for April 4, 2011 – Market News

The unemployment rate declined to 8.8%, the lowest level in two years, according to a report by the Labor Department, painting a rosy picture of the economic recovery. Markets were also guided higher as Fed officials stated they would stick to their plans of providing economic stimulus. The Dow hit...

4Apr2011 | | 0 comments | Continued

(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 per share in the first quarter...

31Mar2011 | | 0 comments | Continued

(SLB) Schlumberger Limited Fears a Dull First Quarter

Schlumberger Limited (SLB) said that the political unrest in the Middle East and Africa, along with severe weather-related hindrances in Australia, will likely hurt its first quarter earnings of 2011. The company stated that...

29Mar2011 | | 0 comments | Continued

(PCE) Stock Market News for March 29, 2011 – Market News

Domestic economic data could not support the indices’ upward momentum on Monday as markets snapped back to red in the final minutes, hurt by cautious corporate guidance and geopolitical tensions. Consumer spending edged ahead while inflation soared to hit new highs post June 2009. Investors’ apprehension...

29Mar2011 | | 0 comments | Continued

(AAPL) Company News for March 17, 2011 – Corporate Summary

• Weatherford International (NYSE:WFT) shares dropped 2.79% to close at $19.88 after the company said disruptions in the Middle East and North Africa along with weather-related issues have forced it to cut Q1 earnings projections • Deutsche...

18Mar2011 | | 0 comments | Continued

(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 shares surged higher...

3Mar2011 | | 0 comments | Continued

(AAPL) Company News for March 03, 2011 – Corporate Summary

• According to Bloomberg, Weatherford (NYSE:WFT) filed to delay its 10-K because of weak internal controls over reporting for income taxes. The company reported errors in its tax accounting and will need to adjust previously reported results • BJ’s...

3Mar2011 | | 0 comments | Continued

(DOV) Dover Buys NXP Semiconductors NV’s Sound Solution Business

Dover Corp. (DOV) has signed a definitive agreement to acquire Vienna, Austria-based Sound Solutions business line of NXP Semiconductors NV (NXPI) for $855 million. The acquisition is expected to close around the end...

27Dec2010 | | 0 comments | Continued

(WFT) Weatherford International Bests Earnings Estimate by a Penny

Leading oilfield services company Weatherford International Ltd. (WFT) reported better-than-expected third quarter 2010 adjusted earnings of 18 cents per share. The results surpassed the Zacks Consensus Estimate of 17 cents and year-earlier...

17Nov2010 | | 0 comments | Continued

(SLB) Schlumberger Limited and Eurasia Drilling Form Drilling Coalition in Russia

Schlumberger Limited (SLB) and Eurasia Drilling Co. (Russia’s major oil and gas driller) have joined hands for an asset swap deal and a strategic coalition in Russia. Under the terms of the deal, Schlumberger will sell all...

20Oct2010 | | 0 comments | Continued

(BP) U.S. Environmental Protection Agency Requests Information From Natural Gas Firms

The U.S. Environmental Protection Agency (“EPA”) has sought information from nine natural gas service companies about the chemicals used in hydraulic fracturing (or fracking) – a method used to extract natural gas by blasting underground rock formations with a mixture of water, sand and chemicals....

10Sep2010 | | 0 comments | Continued

(WFT) Weatherford International Misses Expectations

Weatherford International Ltd. (WFT), a leading oilfield services company, reported weaker-than-expected first quarter 2010 recurring earnings of 6 cents per share, compared to the Zacks Consensus Estimate of 9 cents and year-ago profit...

21Apr2010 | | 0 comments | Continued

(BP) BP Awarded Iraqi Drilling Contracts

For the development of Iraq’s largest producing oil field, Rumaila, BP plc (BP) along with its partners has been awarded approximately $500 million drilling contracts. The drilling contractors are Schlumberger Ltd....

1Apr2010 | | 0 comments | Continued

(CVX) U.S. Oil Consumption Still Weak – Analyst Blog

The U.S. Energy Department’s weekly inventory release showed a surprise climb in crude stockpiles, while distillate supplies posted a smaller-than-expected draw. The agency’s bearish report further added that refiners continued to cut production, and are currently operating at their lowest...

8Feb2010 | | 0 comments | Continued

(WFT) Weatherford International’s Earnings Report Badly Misses Expectations

Weatherford International Ltd (WFT), a leading oilfield services company, reported a significantly weaker-than-expected fourth-quarter 2009 recurring earnings of 2 cents per diluted share, compared to the Zacks Consensus Estimate of...

26Jan2010 | | 0 comments | Continued