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Credit Suisse, Seaport Upgrade Patterson-UTI After Stock Decline
Sunday, July 29, 2018 - 5:11pm | 375Read More...Oil drilling company Patterson-UTI Energy Inc. (NASDAQ: PTEN)'s stock has fallen 30 percent in recent months. The Analysts Credit Suisse analyst James Wicklund upgraded Patterson-UTI from Neutral to Outperform and lowered the price target from $22 to $19. Seaport Global...
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Credit Suisse Says Cactus Inc Has 26% Upside Potential
Monday, March 5, 2018 - 3:27pm | 402Read More...Cactus Inc (NYSE: WHD) is a designer and manufacturer of wellheads, frac trees, manifolds, and production trees that are sold or rented to onshore oil and gas companies. Cactus is also the third wellhead company built by its CEO Scott Bender, which implies it's very well managed and should...
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Credit Suisse Modeling For Nearly 50% Upside In Solaris Shares
Tuesday, June 6, 2017 - 12:25pm | 297Read More...After recently launching its IPO, Credit Suisse has rated Solaris Oilfield Infrastructure Inc (NYSE: SOI) as Outperform and set a price target of $17. Nearly 50% Upside An industry leader in proppant storage and delivery, Solaris has arguably not received the attention it deserves in the stock...
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Baker Hughes Back Among Credit Suisse's Top 3 Picks In Oil Field Services
Wednesday, October 26, 2016 - 2:17pm | 314Read More...A day after Baker Hughes Incorporated (NYSE: BHI) reported a positive surprise for its bottom-line results, Credit Suisse believes the company rejoined the ranks of the "Big 3" oil field services companies. The firm pointed out that the American market started to improve. However, the company needs...
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Credit Suisse On Fairmount Santrol: 'No Rose Without A Thorn'
Wednesday, September 7, 2016 - 10:01am | 453Read More...Credit Suisse has started coverage on Fairmount Santrol Holdings Inc (NYSE: FMSA) with a Neutral rating and $7 target price, as it is concerned about debt burden and continued lower demand for resin coated sand, of which Fairmount is the largest supplier. The brokerage acknowledged Fairmount is...
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Halliburton Implied A 'Bathtub' Recovery
Thursday, July 21, 2016 - 8:54am | 370Read More...Although Halliburton Company (NYSE: HAL) reported beat results for Q2, Credit Suisse’s James Wicklund noted that the recovery wasn’t as robust as investors had hoped. Wicklund maintains an Outperform rating on the company, with a price target of $49. Lower-Than-Expected Recovery The...
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Credit Suisse On Schlumberger: 'We're Calling A Bottom'
Monday, April 25, 2016 - 9:15am | 271Read More...The NAM revenue downtrend seems to be reaching a bottom. Credit Suisse’s James Wicklund maintained an Outperform rating for Schlumberger Limited. (NYSE: SLB), with a price target of $80. The analyst expects a NAM the revenue bottom in 2Q. “We maintain our Outperform rating on SLB...
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Credit Suisse Gets 'Back In The Saddle' With Schlumberger, Sets Outperform Rating
Monday, April 4, 2016 - 10:30am | 282Read More...Schlumberger Limited (NYSE: SLB) is in the process of merging with Cameron International Corporation (NYSE: CAM), which Credit Suisse’s James Wicklund is “an oilfield services company that is exceptionally well positioned to gain share, improve margins, and post higher returns near a...
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Credit Suisse Starts US Silica At Outperform, Says 'It Pays To Be Well Established'
Monday, December 21, 2015 - 9:32am | 290Read More...Shares of U.S. Silica Holdings Inc (NYSE: SLCA) have been volatile in 2015 and are down 29 percent year-to-date. Credit Suisse’s James Wicklund initiated coverage of the company with an Outperform rating and a price target of $25. The company’s strong positioning should allow...
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Credit Suisse Calls C&J Energy A 'Bull Market Stock,' Initiates At Neutral
Monday, December 21, 2015 - 9:17am | 336Read More...Shares of C&J Energy Services, Ltd. (NYSE: CJES) have declined 68.01 percent over the past six months, from the high of $13.60 on June 19. James Wicklund of Credit Suisse has initiated coverage of the company with a Neutral rating and price target of $5.50. Wicklund expressed concern...
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Credit Suisse's Top 8 Energy Stocks: Devon Out, Concho In
Monday, December 7, 2015 - 12:45pm | 586Read More...The Energy sector has been the worst-performing market sector in 2015, and the Energy Select Sector SPDR ETF (NYSE: XLE) has fallen 20 percent versus the S&P 500’s 1.5 percent gain year-to-date. For the first time in two months, Credit Suisse analysts have updated their top Energy stock...
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Credit Suisse: U.S. Oil Production Can Stay Constant With Fewer Rigs
Saturday, September 5, 2015 - 11:27am | 379Read More...Credit Suisse upgraded FMC Technologies, Inc. (NYSE: FTI) and reiterated an Outperform rating on Weatherford International Plc (NYSE: WFT). FMC Technologies has declined 29 percent year-to-date, while Weatherford is down 14 percent. Credit Suisse analyst James Wicklund said that...
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FMC Technologies: Not Getting Worse In A Challenged Game
Friday, September 4, 2015 - 9:30am | 354Read More...FMC Technologies, Inc. (NYSE: FTI) shares are down 29 percent year-to-date, and are trading significantly below their 52-week high of $59.71. Credit Suisse’s James Wicklund upgraded the rating for the company from Underperform to Neutral and maintained a price target of $29. Citing...
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Schlumberger Consensus Expectations: 40% Decline In Earnings Year-Over-Year
Thursday, July 16, 2015 - 2:47pm | 305Read More...Shares of Schlumberger Limited. (NYSE: SLB) are trading slightly up on Thursday afternoon, ahead of the announcement of the company’s second quarter financial results, scheduled for after the market close. According to Estimize, the quarter is expected to be the worst in more than four...
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Credit Suisse Continues To See Schlumberger As Top Large-Cap OFS Pick
Friday, March 6, 2015 - 9:41am | 163Read More...In a report published Friday, Credit Suisse analyst James Wicklund reiterated an Outperform rating and $86.00 price target on Schlumberger Limited (NYSE: SLB). In the report, Credit Suisse noted, "SLB continues to be our top large-cap OFS pick, with less exposure to the short-cycle onshore NAM...
