Oilfield Equipment Rental Market 2014-2019: Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves & Manifolds), Fishing Equipment and Others
M2 - 1 hr 6 mins ago
Research and Markets (http://www.researchandmarkets.com/research/hl5xhc/oilfield) has announced the addition of the "Oilfield Equipment Rental Market by Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves & Manifolds), Fishing Equipment and Other Equipment - Global Trends and Forecasts to 2019" report to their offering. The oilfield equipment rental market will grow from an estimated $ 26,818 million in 2014 to $53,706 million by 2019 with a CAGR of 14.9% from 2014 to 2019 Most oilfield equipments are so expensive that it is better for the companies to rent instead of purchasing them. Renting provides significant savings over capital investment and helps in curtailing the inventory costs as well as the infrastructure to store the same. It also minimizes downtime, and hence the capital can be utilized for more profitable ventures. The global oilfield rental equipment market is projected to exhibits high growth on an account of rising oil & gas prices and increased E&P activities, influenced by rising energy demand. The revenue for OER market was $23,300 million globally for the year 2013. The market is estimated to grow with a projected CAGR of 14.9%, owing to extensive drilling activities being carried out globally. North America holds major market share followed by Asia-Pacific and Europe & Eurasia. In terms of individual countries, the market is dominated by U.S. on account of its flourishing drilling activities due to an increased focus on unconventional shale plays. Africa is projected to have the highest CAGR during next five years due to an increase in offshore E&P activities. Asia-Pacific market will be driven by increasing drilling activity especially in Australia, China, Russia and India. Whereas the flourishing oil & gas industry and increase in E&P spending will drive the growth in Latin American market due to the drilling activities taking place in Brazil. Drilling equipment holds the major market share due to their wide usage among the various types of oilfield equipments. The factors driving growth in the OER market are increasing drilling activity; rising oil prices (which compensate for the uneconomical field productivity affinity of the oilfield operators to rent rather than buy the oilfield equipment, and advancement in technology. All these factors hugely favor renting of the oilfield tools. OER is a highly developing market despite having a large base due to growing energy demand. The oilfield rental industry is very fragmented and offers opportunities for consolidation. This can be seen by the several major M&A activities taking place in the industry, as well as subsidiary formation by big players for the purpose of renting. There are very few industry leaders disconcerted over the optimal growth strategy for this market. In this industry, most of the players are very small and local rental companies. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Premium Insights 4 Market Overview 5 Industry Trends 6 OER Market, By Type 7 Animal Feed Additives Market, By Geography 8 Competitive Landscape 9 Company Profiles - FMC Technologies - Halliburton Co. - Oil States International Inc. - Parker Drilling Co. - Seventy Seven Energy Inc. (Chesapeake Energy Corporation) - Superior Energy Services Inc. - Weatherford International Ltd. For more information visit http://www.researchandmarkets.com/research/hl5xhc/oilfield
Coverage of Oil and Gas Exploration and Production Equities - Energy XXI Bermuda, Talisman Energy, Chesapeake Energy, Anadarko Petroleum, and Newfield Exploration
PR Newswire - Fri Sep 05, 8:15AM CDT
On Thursday, September 04, 2014, the NASDAQ Composite ended at 4,562.29, down 0.22%, the Dow Jones Industrial Average finished the day 0.05% lower at 17,069.58, and the S&P 500 closed at 1,997.65, down 0.15%. The losses were broad based as six out of ten sectors ended the session in negative. The S&P 500 Energy Sector Index ended the day at 699.83, down 1.29%, while the index has advanced 0.96% in the last three months. Investor-Edge has initiated coverage on the following equities: Energy XXI Bermuda Ltd (NASDAQ: EXXI), Talisman Energy Inc. (NYSE: TLM), Chesapeake Energy Corporation (NYSE: CHK), Anadarko Petroleum Corporation (NYSE: APC), and Newfield Exploration Company (NYSE: NFX). Free research on these five companies can be accessed at:
Look for Shares of Chesapeake Energy to Potentially Rebound after Yesterday's 1.74% Sell Off
Comtex SmarTrend(R) - Thu Sep 04, 4:28PM CDT
Chesapeake Energy (NYSE:CHK) traded in a range yesterday that spanned from a low of $25.94 to a high of $26.81. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $26.44 on volume of 6.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Chesapeake Energy Falls 1.74% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Thu Sep 04, 4:27PM CDT
Chesapeake Energy (NYSE:CHK) traded in a range yesterday that spanned from a low of $25.94 to a high of $26.81. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $26.44 on volume of 6.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Panhandle Oil And Gas Inc. Names Land Manager
PR Newswire - Wed Sep 03, 3:16PM CDT
PANHANDLE OIL AND GAS INC. (NYSE: PHX) announced today that Shelly S. Quimby has joined the Company as Land Manager. Ms. Quimby spent nine years with Chesapeake Energy Corporation with her last position being Manager-Acquisitions and Divestures. She has in excess of 30 years of land department experience.
3 Reasons Chesapeake Energy Corporation’s Stock Could Fall
Matt DiLallo, The Motley Fool - Motley Fool - Wed Sep 03, 10:06AM CDT
Source: Chesapeake Energy Corporation. Chesapeake Energy Corporation's stock has had its ups and downs over the years. Just take a look at the company's stock price chart, which is filled with peaks and valleys. CHK data by YCharts ...
Market Activity, Conference Schedules, and Private Placement - Research Reports on Chesapeake, Ensco, Devon Energy, Concho and Kandi Technolgies
PR Newswire - Wed Sep 03, 7:55AM CDT
Today, Analysts Review released its research reports regarding Chesapeake Energy Corporation (NYSE: CHK), Ensco plc (NYSE: ESV), Devon Energy Corporation (NYSE: DVN), Concho Resources, Inc. (NYSE: CXO) and Kandi Technolgies Group, Inc. (NASDAQ: KNDI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6169-100free.
1 Place Where Veterans Can Find Work in the Oil Field
Matt DiLallo, The Motley Fool - Motley Fool - Sun Aug 31, 12:55PM CDT
ConocoPhillips Headquarters in Houston, Texas. Source: ConocoPhillips. Veterans continue to have a tough time transitioning into the civilian workforce. According to the U.S. Bureau of Labor Statistics, the unemployment rate for those who served...
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Matt DiLallo, The Motley Fool - Motley Fool - Sun Aug 31, 10:50AM CDT
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'Fast Money' Recap: How Low Can Oil Go Now?
at The Street - Sat Aug 30, 4:00AM CDT
The trading panel looked at retail stocks and whether Amazon and Google can delivery on delivery drones.
3 Reasons Chesapeake Energy Corporation’s Stock Could Rise
Matt DiLallo, The Motley Fool - Motley Fool - Thu Aug 28, 10:18AM CDT
Chesapeake Energy Corporation 's stock price has barely moved over the past year, which is pretty poor considering that the overall market is up just over 20% over that same time frame. But despite its poor performance over the past year -- and...
Fitch Upgrades Chesapeake's IDR to 'BB'; Outlook Positive
Business Wire - Wed Aug 27, 3:39PM CDT
Fitch has upgraded Chesapeake Energy's long-term Issuer Default Rating (IDR) and senior unsecured ratings to 'BB' from 'BB-' and also upgraded the company's preferred stock to 'B+' from 'B-. A full list of ratings actions follows at the end of this release. The ratings actions affect approximately $14.8 billion in rated securities.
Chesapeake Energy Rises 2.77% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon Aug 25, 4:38PM CDT
Chesapeake Energy (NYSE:CHK) traded in a range yesterday that spanned from a low of $26.16 to a high of $26.80. Yesterday, the shares gained 2.8%, which took the trading range above the 3-day high of $26.51 on volume of 4.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SmarTrend Watching for Potential Pullback in Shares of Chesapeake Energy After 2.77% Gain
Comtex SmarTrend(R) - Mon Aug 25, 4:37PM CDT
Chesapeake Energy (NYSE:CHK) traded in a range yesterday that spanned from a low of $26.16 to a high of $26.80. Yesterday, the shares gained 2.8%, which took the trading range above the 3-day high of $26.51 on volume of 4.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Chesapeake Energy Earnings In Retrospect: Down 0.6% in the Last 19 Days (CHK)
Comtex SmarTrend(R) - Mon Aug 25, 7:40AM CDT
When Chesapeake Energy (NYSE:CHK) reported earnings two weeks ago on August 6th, 2014, analysts, on average, expected the company to report earnings of $0.44 on sales of $4.4 billion. The company actually reported EPS of $0.36 on sales of $5.2 billion, missing EPS estimates by $0.08 and beating revenue estimates by $784.7 million. Shares of Chesapeake Energy have slipped from $26.19 to $26.02, representing a loss of 0.6%, since the company reported earnings 19 days ago.
BASF, Dow Chemical and Braskem Join North American Petrochemicals Debate Taking Place in Houston
PRWeb - Thu Aug 21, 3:02PM CDT
BASF, Dow Chemical and Braskem will address the huge opportunities presented by the shale revolution, and subsequent challenges which are facing North American Petrochemical market right now. They will be joined by 40+ expert speakers including leading EPC groups; Turner Industries, Jacobs Engineering, Burns and McDonnel, Midstream Operators; Phillips 66 and Enable Midstream, Natural Gas Feedstock Producers; Chesapeake Energy and Southwestern Energy, core workforce development alliances and expert major consultancies such as Accenture and McKinsey & Company in addressing the core challenges facing new facility investment.
Chesapeake Energy Corporation Names Brad Sylvester Vice President - Investor Relations and Communications
Business Wire - Thu Aug 21, 3:01PM CDT
Chesapeake Energy Corporation (NYSE:CHK) today announced that Brad Sylvester will join Chesapeake as Vice President - Investor Relations and Communications. Sylvester joins Chesapeake from Southwestern Energy Company. He will report to Chesapeake's Chief Financial Officer, Nick Dell'Osso.
5 Things Chesapeake Energy Corporation’s Management Wants You to Know
Matt DiLallo, The Motley Fool - Motley Fool - Thu Aug 21, 8:25AM CDT
Source: Chesapeake Energy Corporation. Chesapeake Energy Corporation recently reported second-quarter results that were a bit below expectations. However, that had to do with the prices the company realized for oil and gas as opposed to any...
Chesapeake Energy Is Bolstering Its Balance Sheet
at The Street - Thu Aug 21, 8:19AM CDT
The company has been divesting noncore assets and reducing its debt.