Noble Corp (NYSE:NE)

Offshore drill rig

Analyst Calls Offshore Drillers a Buy After the Sell-Off

It is one thing to be a sector caught up in an overall market sell-off. It is quite another when the fundamentals are reasonably good and the sector has been ...
Read Full Story »
Merger

Spin-Offs Back in Vogue: Six Must-Watch Special Situations

When the markets go through periods of great gains, it is not uncommon to see companies start to take more radical efforts to increase their total return for shareholders. Some ...
Read Full Story »
Offshore drill rig

Two Oil and Gas Breakups Too Large to Ignore

Two oil field services companies announced on Tuesday that they plan to spin off parts of their businesses into separately traded companies. National Oilwell Varco Inc. (NYSE: NOV) will hive ...
Read Full Story »
Offshore drill rig

Wall Street Analyst Calls Oilfield Services Stocks Very Underappreciated

Despite a strong oil price backdrop, stock performance for the top oilfield services stocks has been mixed and investors generally remain underweight energy in general and oil service specifically. The ...
Read Full Story »
Oil spill

Merrill Lynch on Oil Service Stocks: Mexico Oil Opportunity May Rival Middle East

In 2012 there were 1,139 onshore and 60 offshore wells drilled in Mexico, for about $8 billion of drilling and completion (D&C) spending. This includes about $1.7 billion in offshore ...
Read Full Story »
Offshore drill rig

Cowen Oil Service Stocks to Buy for International and Deepwater Exposure

Middle East instability has long been the geopolitical trigger for oil pricing. As tensions continue to rise in Egypt, West Texas Intermediate (WTI) has soared over the $103 level and ...
Read Full Story »
Bull and Bear

Top Analyst Downgrades and Stocks to Sell: Carnival, KKR, BlackRock and More

Investors frequently get to see the analyst upgrades and Buy ratings from Wall Street firms. What investors often do not get to see is when analyst downgrade stocks to sell ...
Read Full Story »
Bull and Bear figures

24/7 Wall St. Closing Bell — January 24, 2013: Markets Mixed After Apple Earnings (AAPL, PG, EMR, CVS, GOLD, TIF, AMGN, SNDK, FFIV, NE, NVR, WDC, MMM, BMY, LMT, RTN, LUV, UNP, UAL, XRX, T, JNPR, MSFT, SBUX, HAL, HON, KMB, WY, NOK, NFLX, SWFT)

U.S. equity markets opened mixed this morning with the DJIA and the S&P 500 higher, and the Nasdaq lower, dragged down by concern over the earnings of Apple Inc. (NASDAQ: ...
Read Full Story »
Bull and Bear figures

24/7 Wall St. Closing Bell — January 23, 2013: Market Open Higher on Little News (COST, GE, VZ, F, INCY, AMD, CSX, GOOG, IBM, IGT, TXN, ABT, BHI, COH, GD, MCD, LCC, AAPL, AMGN, NFLX, SNDK, FFIV, NE, NVR, WDC, MMM, BMY, LMT, RYN, LUV, UNP, UAL, XRX, MAPP, AGN, NMRX, MCP)

U.S. equity markets opened higher this morning following a string of solid earnings reports yesterday and after markets closed last night. As we note below, earnings results were more mixed ...
Read Full Story »

Hercules Offshore Gets a Boost

Services and drilling company Hercules Offshore Inc. (NASDAQ: HERO) recently received some positive comments from two analysts, including an upgrade to Outperform today from Stephens. The company, mostly a shallow-water ...
Read Full Story »

Offshore Drillers: Value in the Water (SDRL, RIG, ESV, DO, NE)

There are easier ways to make a living than drilling for oil and gas in hundreds or thousands of feet of water, but the rewards can more than repay the ...
Read Full Story »

24/7 Wall St. Closing Bell — October 18, 2012: Markets Open Low, Close Lower (AAPL, DUK, COP, POT, HOG, AXP, EBAY, NE, SCSS, STLD, BSX, DO, MS, NVR, PM, LUV, SVU, UNP, VZ, AMD, COF, CMG, MSFT, RVBD, BHI, HON, KSU, SLB, GOOG, CLWR, S, NOK)

The three major U.S. stock indexes opened lower this morning and really never got on track the entire day. The lower opening was likely a reaction to China’s weakest quarterly ...
Read Full Story »

24/7 Wall St. Closing Bell — October 17, 2012: Markets Don’t Move Much Today (C, CSCO, TWX, RYL, ADTN, BAC, CSX, IBM, INTC, URI, ABT, BK, BLK, CHKP, CMA, HAL, KCG, PEP, USB, AXP, EBAY, NE, STLD, BSX, DO, MS, NVR, PM, LUV, SVU, UNP, VZ, CYMI, APOL, FTNT)

The three major U.S. stock indexes opened lower this morning, and never really got untracked all day. Spanish 10-year bond yields fell 28 basis points to around 5.51%, while Spain ...
Read Full Story »

Demand for Midwater Rigs to Rise (RIG, DO, ESV, NE)

In a note today, Credit Suisse talked up the coming demand for offshore drilling rigs designed for water depths of 1,000 feet to 3,600 feet. The analysts claim that incremental ...
Read Full Story »

Top Analyst Upgrades and Downgrades (ANGI, BNS, BIDU, CYBX, IDXX, IBM, KIRK, MYL, PNRA, PBH, SCHN, TEAR, TEVA, WPI, RDC, ATW, NE, DO, ORIG, ESV, HERO, SDRL, RIG)

These are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Wednesday morning. Angie's List Inc. (NASDAQ: ANGI) raised to Outperform ...
Read Full Story »