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Stock Market & Financial Investment News

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March 21, 2013
08:28 EDTHAL, NBR, BASNorth American Oil Services sell-off a buying opportunity, says Goldman
Goldman believes the sell-off in North American service sector names has created a buying opportunity. The firm's channel checks indicate Q1 earnings grew at a faster rate driven by completion work. The firm expects Conviction Buy rated Halliburton (HAL) to report in-line Q1 results and recommends buying on the recent pullback. The analyst recommends Conviction Buy rated Basic Energy (BAS) on better utilization and completion work and Conviction Buy rated Nabors Industries (NBR) on relative valuation.
News For HAL;BAS;NBR From The Last 14 Days
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June 18, 2013
07:38 EDTNBRTudor Pickering to host a conference
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07:13 EDTHALMexico looks to open energy sector to private investors, WSJ reports
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06:01 EDTHALOn the Fly: Periodicals Wrap-Up
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June 14, 2013
06:04 EDTBASBasic Energy reports well servicing rig count unchanged at 425
Basic Energy Services reported selected operating data for the month of May. Basic's well servicing rig count remained unchanged at 425. Well servicing rig hours for the month were 75,000 producing a rig utilization rate of 70%, compared to 72% in both April and May 2012. During the month, Basic's fluid service truck count remained unchanged at 974. Fluid service truck hours for the month were 194,300 compared to 188,800 and 189,100 in April 2013 and May 2012, respectively. Drilling rig days for the month were 292 producing a rig utilization of 78%, compared to 75% and 96% in April and May 2012, respectively.
June 13, 2013
09:30 EDTHALHalliburton initiated with a Buy at Cleveland Research
Target $55.
June 10, 2013
07:25 EDTHALStephens to host a field trip
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June 6, 2013
13:21 EDTNBRNabors Industries holders reject proposal to split CEO, Chairman
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