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Weatherford International Ltd.

  • 3 Stocks Enjoying Stubborn Buying

    By Declan Fallon - May 20, 2013 | Tickers: NLS, SB, WFT

    Buyers managed to hike this market into new multi-year highs, surpassing both the credit-crunch peak and Y2K peak relatively effort free. This unfamiliar territory will no doubt leave many scratching their heads as to "what happens next?" But not all market participants are staring at the vista before them. Some are looking for the next foothold to push higher.

    The following three stocks have all shown strong buying activity, with more »

  • Should Investors Get Comfortable with This Struggling Driller?

    By Nick Chiu - May 20, 2013 | Tickers: HAL, NOV, WFT

    Weatherford International (NYSE: WFT), the world’s No. 4 oilfield services provider, offering equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. The firm had been chasing growth, which resulted margin compression and lowered returns as compared to its competitors. However, the management provided an improving outlook in the latest earnings report.

    Recent development

    Earlier in May, Weatherford reported Q1 earnings more »

  • Barry Rosenstein Takes 9% Stake in This Energy Play

    By Meena Krishnamsetty - May 7, 2013 | Tickers: BHI, NOV, OIS, SPN, WFT

    Oil States International (NYSE: OIS) rose over 15% on April 30 following the news that activist investor Barry Rosenstein’s JANA Partners owns 5 million shares of the stock (or 9.1% of the total shares outstanding) and will push to split up the now $4.9 billion oil and gas equipment and services company.

    We track JANA’s quarterly 13F filings alongside those of other hedge funds as part more »

  • Playing the Derivative Oil Play

    By Marshall Hargrave - April 29, 2013 | Tickers: HAL, SLB, WFT

     It appears there's always value to be found in the rubble. Halliburton (NYSE: HAL) posted first-quarter earnings (excluding oil-spill charges) of $0.67, beating consensus estimates by $0.10, and has been positioning itself nicely following the Deepwater Horizon incident in 2010. Last quarter's results showed an $18 million loss for the first quarter, which includes the $637 million reserve for the oil spill. 

    The earnings beat was more »

  • $10 Billion Fund Bullish on This ‘Fab Four’

    By Meena Krishnamsetty - April 27, 2013 | Tickers: MU, NTES, WFT, WLP

    Orbis Investment Management has a $10 billion 13F portfolio managed by William Gray. The firm invests in value stocks using contrarian ideals mixed with a fundamental analysis of each company, in combination with a top-down stock picking approach. Judging by the largest positions in the fund, we can see favorable economic trends first, company fundamentals second quite clearly. Orbis seems to follow a strategy of narrowing down certain sectors of more »

  • Massive Company Moving Into Shale Gas

    By Mike Thiessen - April 18, 2013 | Tickers: GE, LUFK, WFT

    In early April of 2013, General Electric (NYSE: GE) announced that it would purchase iconic oil pump manufacturer Lufkin Industries (NASDAQ: LUFK) in a cash deal valued at about $3.3 billion. With Lufkin being a major player in the booming shale-extraction space, this acquisition has major implications for a wide range of other companies. This transaction could have a major impact on the industry itself.

    Lufkin's products are more »

  • Massive Company Moving Into Shale Gas

    By Mike Thiessen - April 16, 2013 | Tickers: GE, LUFK, WFT

    In early April of 2013, General Electric (NYSE: GE) announced that it would purchase iconic oil pump manufacturer Lufkin Industries (NASDAQ: LUFK) in a cash deal valued at about $3.3 billion. With Lufkin being a major player in the booming shale-extraction space, this acquisition has major implications for a wide range of other companies. This transaction could have a major impact on the industry itself.

    Lufkin's products are more »

  • Why GE's Betting on Oil & Gas

    By Damian Illia - April 15, 2013 | Tickers: GE, LUFK, WFT

    On April 8, General Electric (NYSE: GE) announced the acquisition of Lufkin Industries (NASDAQ: LUFK) Lufkin is a provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears. The deal was sealed at $3.3 billion which represents a FY2013 x13.5 EBITDA. According to General Electric, the artificial lift technology is used in 94% of the one million oil-producing wells around the more »

  • A Sweet Artificial Lift Deal for Both Parties

    By Anh HOANG - April 15, 2013 | Tickers: GE, LUFK, WFT

    Recently, General Electric (NYSE: GE) announced that it would acquire Lufkin Industries (NASDAQ: LUFK) at around $88.50 per share, with a total transaction value of around $3 billion. The price represented a whopping 38% premium to its pre-acquisition trading price. General Electric CEO, Jeff Immelt, commented that the company would focus its business on energy-rich shale assets in several areas in the U.S., including North Dakota and Texas more »

  • Is GE's Acquisition Right Acquiring Lufkin Industries?

    By Ron Chatterjee - April 13, 2013 | Tickers: CHK, CMCSA, GE, HES, MHR, MPO, PVA, WFT

    This is what General Electric (NYSE: GE) Oil & Gas' President and CEO, Daniel C. Heintzelman, has to say about the recent acquisition of Lufkin Industries Inc., a leading manufacturer and provider of artificial lift technologies and industrial gears for the oil and gas industry, for approximately $3.3 billion.

    "Advanced technologies, combined with new drilling practices, are revolutionizing the oil and gas industry," said Daniel C. Heintzelman, president and CEO more »

  • General Electric: Betting in Oil & Gas

    By Damian Illia - April 9, 2013 | Tickers: GE, LUFK, WFT

    Today, April 08 2013, General Electric (NYSE: GE) announced the acquisition of Lufkin Industries (NASDAQ: LUFK), a provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears for $3.3 billion which represents a FY2013 x13.5 EBITDA. According to General Electric, the artificial lift technology is used in 94% of the one million oil-producing wells around the well helping lifting hydrocarbons in more »

  • This Company Could Become One of Buffett's Favorites (Part 8)

    By Anh HOANG - March 20, 2013 | Tickers: DOV, IR, WFT

    John Kozey, senior analyst at Thomson Reuters, listed 28 businesses that could become the favorites of legendary investor Warren Buffett. In previous articles, I covered a number of stocks from that list, including Mosaic, CSX, Johnson Controls, Archer Daniels Midland and Coca-Cola Enterprises.

    In this article, I would like to talk about one more industrial stock in that list, Dover (NYSE: DOV). Since the market hit bottom in March 2009 more »

  • Buy These 4 Stocks Before They Start Rising

    By Laura Paur - March 1, 2013 | Tickers: HIG, MET, RIG, WFT

    I like to analyze what prominent investors buy or sell in the last reported quarter. In this article I detail what Appaloosa Management bought in the past months. Appaloosa was founded by David Tepper, who made $4 billion in 2009 and currently ranks as the 258th richest person in the world. Tepper has earned an international reputation for producing some of the highest returns amongst fund managers on Wall Street more »

  • 4 Reasons to Buy This 5-Star Stock

    By Josh Kohn-Lindquist - February 27, 2013 | Tickers: HAL, NOV, SLB, WFT | Editor's Choice

    Not many companies, if any, can claim that their products are necessary to keep an entire industry running.  However, that is exactly what National Oilwell Varco's (NYSE: NOV) CEO Merrill Miller, Jr. states, as he explains that his company's products "can be found in every oil rig that exists." Simply stated, these are rare, yet excellent words for investors to hear -- particularly if they are a fan of more »

  • Three Out-of-Consensus Ideas

    By Masam Abbas - February 10, 2013 | Tickers: TROX, VC, WFT

    The earnings season is almost at its end. However, this doesn’t mean that the ‘spice’ for investors has finished in this season. There are still some stocks that are expected to move at their earnings release and therefore are expected to provide money-making opportunities for investors. The following three stocks are a good example of this concept.

    Tronox Limited (NYSE: TROX) – miss the earnings

    Tronox produces and markets titanium more »

  • Billionaire Dan Loeb and Insiders Are Bullish on These Stocks

    By Meena Krishnamsetty - February 10, 2013 | Tickers: AAPL, ENPH, HLF, UNH, WFT

    On the whole, hedge funds have underperformed the market in recent years. This is no secret. To most members of the financial media, their coverage of the smart money irresponsibly focuses on this fact and nothing else. We’ve proven, though, that following the best picks of the best money managers can beat the market, quite handily in fact. We also know that consensus small-cap picks outperformed the S&P more »

  • This Top 10 Stock Will Benefit From the Energy Boom

    By Brian Shaw - February 1, 2013 | Tickers: BHI, HAL, NOV, SLB, WFT

    Oil and natural gas consumption around the world continues to increase dramatically. Oil and gas power emerging market growth with plentiful, cheap energy while also driving the economies, security, and independence of entire regions. This global trend shows few signs of slowing, with growth in worldwide population and the economies in emerging market out-pacing efforts to focus on energy efficiency. What is less clear is the mix of how these more »

  • Is Halliburton a Good Stock to Buy After Earnings?

    By Meena Krishnamsetty - January 29, 2013 | Tickers: BHI, CAM, HAL, SLB, WFT

    Halliburton (NYSE: HAL) reported its results for the fourth quarter of 2012 on Jan. 25. Earnings were down from the fourth quarter of 2012, but even excluding one-time items the EPS figure of 67 cents beat analyst expectations. The stock rose 5% on the day and is currently up 11% year to date. While revenue increased 3% from the fourth quarter of 2011, and also rose on a q/q more »

  • What Stocks To Buy Across Energy's Value Chain

    By David Gould - January 23, 2013 | Tickers: XOM, SLB, WFT

    A strong strategy to take if you are bullish on an entire sector is to buy everything from industry suppliers to end-level distributions--that is, buy across the entire value chain. Since I am bullish on energy and particularly natural gas, I encourage buying shares in both the world's largest natural gas producer and the world's largest oilfield service supplier. Below, I review what these two companies are doing more »

  • 2 Conglomerates Focused on Sensible Acquisitions

    By David Gould - January 14, 2013 | Tickers: MMM, GE, WFT

    In modern decades, Wall Street has moved away from encouraging their clients to "scale up" into unrelated areas. Even still, there are a few large conglomerates out there that are praised for their diversification. The question now turns to how firms like GE and 3M can complement their core businesses without recklessly expanding in a way where the return on invested capital fails to exceed the weighted average cost of more »

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