Kurt Hallead

RBC expects U.S. Silica Holdings Inc (NYSE: SLCA) to benefit from fundamental tailwinds and sees potential for pricing power, share gains, and additional M&A as it maintained its Outperform rating on the stock. The tailwinds include "growing market penetration of its newly acquired...

RBC Capital's Kurt Hallead maintained an Outperform rating on Halliburton Company (NYSE: HAL), with a price target of $42. While mentioning that “HAL continues to operate well in the face of declining worldwide activity levels,” Hallead also stated the company was continuing to...

In a report published Wednesday, RBC Capital Markets analyst Kurt Hallead downgraded Transocean (NYSE: RIG) to Sector Perform from Outperform, dropping its price target from $56.00 to $54.00. According to the report, RIG shares have limited upside until the market gains more confidence on the...

In a report published Wednesday, RBC Capital Markets analyst Kurt Hallead upgraded Rowan Companies (NYSE: RDC) to Outperform from Sector Perform, with a $40.00 price target. According to the report, RDC is in the best relative position in the offshore drilling group given lack of exposure to the...

In a report published Wednesday, RBC Capital Markets analyst Kurt Hallead upgraded Patterson-UTI Energy (NASDAQ: PTEN) to Outperform from Sector Perform, raising its price target to $29.00 from $25.00. According to the report, PTEN's upgrade is based on their growing position in the strong Tier 1...

In a report published Wednesday, RBC Capital Markets analyst Kurt Hallead upgraded Oceaneering International (NYSE: OII) to Outperform from Sector Perform, with a $89.00 price target. According to the report, OII is viewed as having one of the few secular growth stories in oilfield services...

In a report published Wednesday, RBC Capital Markets analyst Kurt Hallead downgraded National Oilwell Varco (NYSE: NOV) to Sector Perform from Outperform, with a $86.00 price target. According to the report, RBC analysts believe NOV shares are range-bound in the near term due to offshore drilling...

In a report published Wednesday, RBC Capital Markets analyst Kurt Hallead downgraded Noble (NYSE: NE) to Sector Perform from Outperform, dropping its price target from $41.00 to $40.00. According to the report, it is believed that NE shares have limited upside until the market gains more...

In a report published Wednesday, RBC Capital Markets analyst Kurt Hallead upgraded Nabors Industries (NYSE: NBR) to Outperform from Sector Perform, raising its price target from $19.00 to $20.00. According to the report, for 2014, it is believed that NBR will benefit from the strong Tier 1 rig...

In a report published Wednesday, RBC Capital Markets Kurt Hallead upgraded Helmerich & Payne (NYSE: HP) to Outperform from Sector Perform, raising its price target from $86.00 to $94.00. According to the report, the upgrade is based on the company's dominant market position in the growing...

In a report published Wednesday, RBC Capital Markets analyst Kurt Hallead downgraded Baker Hughes (NYSE: BHI) to Sector Perform from Outperform, dropping its price target to $60.00 from $67.00. According to the report, BHI's NAM margins will progress at a more modest pace than originally...