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Barclays Downgrades Dril-Quip, Says Weak Quarter Is Just The Beginning
Tuesday, July 31, 2018 - 2:48pm | 423Read More...Dril-Quip, Inc. (NYSE: DRQ), a manufacturer of engineered drilling and production equipment, delivered a weak earnings report Thursday that reflects a concerning new reality for the stock, according to Barclays. The Analyst Barclays' J. David Anderson downgraded Dril-Quip from Equal-...
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Citi Research Sees Little Upside To FMC Technologies-Technip Merger
Thursday, June 23, 2016 - 2:41pm | 499Read More...The merger between FMC Technologies, Inc. (NYSE: FTI) and Technip (Technip SA (ADR) (OTC: TKPPY)) offers little upside, according to a note from Citi, which said the deal "follows similar steps" taken by peers in the space "as offshore fights to lower costs." M&A Talks "We see the move as...
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Bank Of America On Offshore Drillers: Too Early For Contrarian Bull Call
Wednesday, October 1, 2014 - 7:15pm | 335Read More...Douglas Becker of Bank of America believes that despite a recent round of under performance in shares of offshore drillers, further downside is likely possible. In fact, the offshore drillers remain the least favorite oil services sub-sector. Despite the fact that there have been recent...
