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Life After Halliburton: Should Baker Hughes-National-Oilwell Be Next?
Wednesday, April 20, 2016 - 8:29am | 379Read More...Following the US Department of Justice’s [DoJ] suit to block the merger of oilfield services giants Baker Hughes Incorporated (NYSE: BHI) and Halliburton Company (NYSE: HAL), the chances of regulatory approval appear low. JPMorgan’s Sean C Meakim maintained a Neutral rating for Baker...
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JPMorgan Downgrades Superior Energy To Neutral; Helmerich & Payne, Patterson To Underweight
Friday, April 15, 2016 - 10:30am | 504Read More...Oil prices have moved up in 2016, with the OSX gaining 27 percent and WTI up 32 percent from the February 11 bottom. Terming investor hopes of further gains in oil prices as unrealistic, JPMorgan’s Sean C. Meakim mentioned that a sustained rally from here could result in a “less pain,...
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Transocean's Headwinds Aren't Going Away, J.P. Morgan Warns
Friday, November 6, 2015 - 10:36am | 303Read More...Transocean LTD (NYSE: RIG) shares have climbed 26 percent in the last three months, after hitting a low of $11.60 on August 26. JP Morgan’s Sean C Meakim maintained an Underweight rating on the company, while reducing the price target from $11 to $10. Although the company’s 3Q...
