Complete Production Services

Pritchard Capital provided color on the oil sector. In a research report published today, Pritchard states, “The Oil Service Index (OSX-269.67) advanced 8.4% last week to outperform the S&P 500 (1,339.67) by 280 basis points. Oil service shares, at least within our coverage universe, largely...

J.P. Morgan is out with its report today on Complete Production Services (NYSE: CPX), initiating CPX at Overweight. In a note to clients, J.P. Morgan writes, "We are initiating with an OW rating on Complete Production Services, a mid-cap oilfield services provider that is heavily levered to the...

JP Morgan has initiated coverage on Complete Production Services (NYSE: CPX) with an Overweight rating and $42 price target.

Jefferies & Company has raised the price target on Complete Production Services (NYSE: CPX) from $36 to $40 and maintains its Buy rating.

Credit Suisse has downgraded Complete Production Services (NYSE: CPX) from Outperform to Neutral. According to the report, "Following significant relative outperformance over the past 12 months-CPX shares are up 183% vs. 46% for the OSX Index-as well as a recovery in the shares following...

In a report released this morning, Jefferies said that it believes Complete Production Services (NYSE: CPX) shares offer a compelling value after Friday's drop owing to its strong exposure to rising activity levels in horizontal, high service intensity reservoirs and its excellent contract coverage...

Oppenheimer has published a research report on Complete Production Services (NYSE: CPX) following the company's 3Q earnings results that exceeded all expectations, especially for EPS. In the report, Oppenheimer writes "Complete exceeded all expectations for 3Q10, reporting $0.42 vs consensus of $0....

Complete Production Services (NYSE: CPX) reported EPS that were higher than estimated by Deutsche Bank ($0.42 vs. $0.29) as the company is continuing to take advantage of its red-hot market while all service lines improved throughout 3Q. In the research report, Deutsche Bank writes "CPX reported Q3...

Oppenheimer has initiated coverage on the following companies: Patterson-UTI (NASDAQ: PTEN) Perform Nabors (NYSE: NBR) Perform Complete Production Services (NYSE: CPX) Outperform, $29 price target Key Energy (NYSE: KEG) Outperform, $13 price target

Complete Production Services, Inc. (NYSE: CPX) reported an incredible June quarter EPS of $0.20 vs. Pritchard's estimate of $0.03. Pressure Pumping and Coiled Tubing activity and utilization has increased, causing a drive upward in revenue and margins. Pricing was minor, according to Pritchard....