FMC Technologies, BP in $322M Deal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 15, 12:30PM CDT
FMC Technologies Inc. has entered into a contract with BP plc to supply subsea systems for development of the latter's Shah Deniz Stage 2 project.
Uptrend Call Working As Matrix Service Stock Rises 12.1% (MTRX)
Comtex SmarTrend(R) - Thu Apr 10, 9:29AM CDT
SmarTrend identified an Uptrend for Matrix Service (NASDAQ:MTRX) on February 6th, 2014 at $29.87. In approximately 2 months, Matrix Service has returned 12.05% as of today's recent price of $33.47.
McDermott International: Time to Pull the Plug - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Wed Apr 09, 12:35PM CDT
On Apr 9, Zacks Investment Research downgraded energy-focused engineering and construction firm McDermott International Inc. to a Zacks Rank #5 (Strong Sell).
15.5% Return Seen to Date on SmarTrend Matrix Service Call (MTRX)
Comtex SmarTrend(R) - Wed Apr 02, 11:17AM CDT
SmarTrend identified an Uptrend for Matrix Service (NASDAQ:MTRX) on February 6th, 2014 at $29.87. In approximately 2 months, Matrix Service has returned 15.53% as of today's recent price of $34.51.
Bear of the Day: McDermott International (MDR) - Bear of the Day
Eric Dutram - ZACKS - Mon Mar 31, 3:05AM CDT
Bear of the Day: McDermott International (MDR) - Bear of the Day
Matrix Service Has Returned 15.0% Since SmarTrend Recommendation (MTRX)
Comtex SmarTrend(R) - Wed Mar 26, 10:02AM CDT
SmarTrend identified an Uptrend for Matrix Service (NASDAQ:MTRX) on February 6th, 2014 at $29.87. In approximately 2 months, Matrix Service has returned 15.02% as of today's recent price of $34.36.
Matrix Service Company Has Increased the Size and Extended the Term of Its Revolving Credit Facility
GlobeNewswire - Wed Mar 19, 7:15AM CDT
Matrix Service Company (Nasdaq:MTRX) announced today that it has executed an amendment to its existing credit agreement to increase its existing senior secured revolving credit facility from $125.0 million to $200.0 million and extend the maturity date from November 7, 2016 to March 13, 2019. Additionally, the amendment lowers the applicable rates on borrowings, the letters of credit fees and the unused revolving credit facility fees. The credit facility may be used for working capital, acquisitions, capital expenditures, issuance of letters of credit and other lawful corporate purposes.
Statoil's North Sea Prospect Turns Out Dry - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 11, 3:04PM CDT
Statoil ASA has drilled a dry well at the Juv prospect in the Norwegian sector of the North Sea.
Updated Research Report on Newfield Exploration - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 10, 5:40PM CDT
On Mar 5, 2014, we issued an updated research report on Newfield Exploration Company.
BP Takes Full Control of AMI in Indonesia - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 10, 3:00PM CDT
BP plc reported on Feb 28 that it has completed the farming in of entire interest in PT Amoco Mitsui PTA Indonesia earlier held by Japan's Mitsui Chemicals, Inc. and Mitsui & Co. Ltd.
McDermott Wins Multiple Contract - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 07, 3:10PM CST
McDermott International has won three consecutive contracts, the most recent one from Brunei Shell Petroleum Company Sdn. Bhd.
Enbridge Line 9B Gets Regulatory Approval - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 07, 2:40PM CST
Enbridge Inc. announced that Canada's pipeline regulator, the National Energy Board has approved the flow reversal and expansion of its Line 9B.
The Zacks Analyst Blog Highlights: Universal Forest Products, Exxon Mobil, Helmerich & Payne, Matrix Service and Patterson-UTI Energy
PR Newswire - Fri Mar 07, 8:30AM CST
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Universal Forest Products Inc. (Nasdaq:UFPI-Free Report), Exxon Mobil Corp. (NYSE:XOM-Free Report), Helmerich & Payne, Inc. (NYSE:HP-Free Report), Matrix Service Co. (Nasdaq:MTRX-Free Report) and Patterson-UTI Energy Inc. (Nasdaq
What Makes McDermott International (MDR) a Strong Sell? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 07, 7:45AM CST
McDermott has seen negative earnings estimate revisions for the current quarter along with a significant decline in its share price for the past month
Exxon Set for Record Startups in '14 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 06, 3:00PM CST
Exxon Mobil Corp. announced that it expects to start production at 10 major projects, a company record in 2014.
McDermott Arm Secures Arabian Gulf Deal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 06, 12:30PM CST
McDermott International Inc. reported that one its affiliates has signed a contract with an operator in Arabian Gulf.
W&T Offshore Announces Successful Well - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 05, 2:50PM CST
W&T Offshore, Inc. provided an update on its first operated Wolfcamp B well at its Yellow Rose field in the Permian Basin of West Texas.
BP Plans New Unit for US Lower 48 Biz - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 05, 2:40PM CST
BP plc has proposed to form a separate business to manage its offshore oil and gas assets, including its shale operations in the U.S. Lower 48.