Weatherford International Ltd.

  • These Two Oil Firms Are Pumped About Shale Extraction

    By Phillip Woolgar - August 16, 2013 | Tickers: HAL, SLB, WFT

    The oil well service and equipment sector is becoming a niche market due to advancements in the shale gas extraction processes. That means that companies with a wide portfolio of advanced products that can help oil firms get at shale deposits more easily will profit more than those with limited product portfolios. This gives large-caps, which have a ton of capital with which to develop new equipment, a strategic advantage more »

  • Is This Oilfield Services Company a Good Stock to Buy?

    By Meena Krishnamsetty - July 30, 2013 | Tickers: HAL, SLB, WFT

    Schlumberger (NYSE: SLB), the largest publicly traded U.S. oilfield services company by market capitalization (at $110 billion), recently reported its results for the second quarter of 2013. The company saw an 8% increase in revenue versus a year earlier, which was in line with the growth of its business from Q1. It recorded a significant gain on the formation of a joint venture specializing in subsea oil and gas more »

  • A Closer Look at Dover's Communication Technology Spinoff

    By Anh HOANG - July 29, 2013 | Tickers: DOV, IR, WFT

    Since the market bottom in 2009, Dover (NYSE: DOV) has moved up significantly, from $22.30 per share in March 2009 to around $84.70 per share at the time of writing. Dover’s year-to-date return is nearly 28.90%, outperforming the S&P 500’s return of around 18.60%.

    In May, the company announced that it would spin off Knowles, the consumer communication technology business. The spin-off was more »

  • This Oil & Gas Service Company Might Deliver a High Yield to Investors

    By Anh HOANG - July 26, 2013 | Tickers: HAL, SLB, WFT

    Schlumberger (NYSE: SLB) has appreciated significantly since the end of June, from around $71.60 per share to nearly $83.80 per share. With that gain, Schlumberger has now appreciated nearly 21% this year, a bit higher than the S&P 500’s return of 18.90%. The recent gain was due to its impressive second-quarter earnings and its big share buyback plan. Let’s take a closer look to more »

  • 1 Conglomerate To Buy, 1 To Avoid

    By David Gould - July 23, 2013 | Tickers: MMM, GE, WFT

    Large conglomerates often have to make aggressive investments in order to be thought of as something more than just a "macro bet." In this article, I focus on how GE (NYSE: GE) and 3M (NYSE: MMM) are branding themselves for the future. While I am optimistic on one, I am pessimistic on the other.

    GE gets aggressive on energy

    General Electric has been getting aggressive in energy. From installing new more »

  • This Company's Products Are Diversified Among High-Growth Sectors

    By Matthew Frankel - June 21, 2013 | Tickers: DOV, IR, WFT

    Dover Corp. (NYSE: DOV) produces a diverse array of products for use in various industrial applications. With an ambitious growth strategy as well as exposure to industries such as communications and energy that should thrive in the coming years, Dover looks to be a diverse way to add exposure to sometimes volatile sectors to your portfolio. The only question is whether or not shares are a good value, or would more »

  • This Company Plans to Spin-off Its Fast Growing Consumer Electronics Unit

    By Mike Thiessen - June 6, 2013 | Tickers: DOV, IR, WFT

    On May 23, 2013, Dover (NYSE: DOV) publicized a board approval regarding the spin-off of its consumer goods production into a new publicly traded company called Knowles. The new public venture will be taking over production of auditory consumer goods such as speakers, microphones, and transducers. The new production unit will also engage in broad communication infrastructure modules.

    Dover is basically involved in designing and manufacturing various aspects in the more »

  • Why Investors Should Keep a Close Eye on This Struggling Driller

    By Nick Chiu - May 30, 2013 | Tickers: HAL, NOV, WFT

    Weatherford International (NYSE: WFT) is the world’s number four oilfield services provider, offering equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells. The firm has been chasing growth, which resulted in margin compression and lowered returns as compared to its competitors. However, management provided a better outlook in the latest earnings report, leading to optimism about the company.

    Recent developments more »

  • 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 »

  • 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.DL, WFT

    In early April of 2013, General Electric (NYSE: GE) announced that it would purchase iconic oil pump manufacturer Lufkin Industries (UNKNOWN: LUFK.DL) 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.DL, WFT

    In early April of 2013, General Electric (NYSE: GE) announced that it would purchase iconic oil pump manufacturer Lufkin Industries (UNKNOWN: LUFK.DL) 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.DL, WFT

    On April 8, General Electric (NYSE: GE) announced the acquisition of Lufkin Industries (UNKNOWN: LUFK.DL) 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.DL, WFT

    Recently, General Electric (NYSE: GE) announced that it would acquire Lufkin Industries (UNKNOWN: LUFK.DL) 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.DL, WFT

    Today, April 08 2013, General Electric (NYSE: GE) announced the acquisition of Lufkin Industries (UNKNOWN: LUFK.DL), 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 »

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