-
Bernstein Upgrades Noble, Updates On North American Oil Players
Wednesday, June 6, 2018 - 11:51am | 558What impact will higher than previously expected oil prices have on the North American oil field services sector? Investors can expect continued revenue growth for companies over time as oil prices should sustain levels north of $70 per barrel, according to Bernstein. The Analyst Bernstein...
-
Analyst: Helmerich & Payne Has Run Out Of Upside
Monday, January 29, 2018 - 3:19pm | 378Helmerich & Payne, Inc. (NYSE: HP) is doing everything right, but it’s still not good enough for one Wall Street analyst to stay bullish on the stock. The Analyst Bernstein analyst Colin Davies downgraded Helmerich & Payne from Outperform to Market Perform but raised his price...
-
Weatherford Upgraded As A Recovery Could Be Coming
Friday, November 3, 2017 - 2:25pm | 371Surmising that a recovery might be around the corner, Bernstein upgraded shares of Weatherford International Plc (NYSE: WFT). The firm said the stock could benefit from an improving business, a risked assessment of tangible improvement actions, and an asymmetric risk/reward vs current valuation....
-
Weatherford's Board Is Serious About Creating Value
Wednesday, March 8, 2017 - 3:39pm | 409Colin Davies of Bernstein was surprised by Weatherford International Plc (NYSE: WFT)’s move to appoint Halliburton Company (NYSE: HAL) Chief Financial Officer Mark McCollum as president and CEO. Bernstein expected interim-CEO Krishna Shivram to get the role. Justification For Surprise...
-
Bernstein Initiates Coverage On 9 Oil Field Service Stocks
Friday, December 2, 2016 - 12:09pm | 382The OPEC deal may have finally marked a buying opportunity in oilfield service stocks after a multi-year slump in the global oil market. Bernstein analyst Colin Davies now has a positive outlook for North American oil field services stocks and has initiated coverage on nine of the biggest names in...