Investors Conferences, Repurchased Shares, Operational Updates, Financial Results, and New Technologies - Research Report on Oil States, Core Lab, Energy XXI, Superior Energy Services, and Oceaneering
NEW YORK, October 29, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Oil States International Inc. (NYSE: OII), Core Laboratories NV (NYSE: CLB), Energy XXI Bermuda Ltd (NASDAQ: EXXI), Superior Energy Services, Inc. (NYSE: SPN), and Oceaneering International, Inc. (NYSE: OII). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Oil States International Inc. Research Report
On October 10, 2013, Oil States International Inc. (Oil States) announced that it intends to release its Q3 2013 financial results on Wednesday, October 30, 2013 after the market hours. The Company informed that it will hold a conference call to discuss the results on Thursday, October 31, 2013 at 11:00 am ET. Oil States informed that the webcast of the call will be available at the Company's website. The Full Research Report on Oil States International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/0143_OII]
Core Laboratories NV Research Report
On October 7, 2013, Core Laboratories NV (Core Lab) reported that it repurchased a total of 4,116 of its common shares, within Thursday, September 26, 2013, to Monday, October 7, 2013, at an average price of $170.52 per share. Core Lab informed that the repurchases were made as part of the Company's existing share repurchase program. The Full Research Report on Core Laboratories NV - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/9b42_CLB]
Energy XXI Bermuda Ltd Research Report
On October 22, 2013, Energy XXI Bermuda Ltd (Energy XXI) released an update on its Q1 FY 2014 (period ended September 30, 2013) production and recent exploration and development results. Energy XXI stated that its Q1 FY 2013 production averaged an estimated 46,600 barrels of oil equivalent per day (BOE/d), with oil production averaging an estimated 29,700 barrels per day (Bbl/d). Energy XXI's Chairman and CEO, John Schiller commented, "Our base production has remained strong, in line with our year-end exit rate of 47,000 BOE/d, with only two rigs drilling development wells during the quarter. With a mild hurricane season behind us and drilling activity set to increase during our second half, we continue to expect year-over-year production growth." Executive Vice President of Exploration and Production at Energy XXI, Ben Marchive, added, "West Delta 73's ongoing program continues to deliver strong results. The horizontal program at West Delta 73, initiated a year ago, has helped us triple oil production from the field since its acquisition in December 2010." The Company anticipates full year FY 2014 capital expenditures to be around $675 million. The Full Research Report on Energy XXI Bermuda Ltd - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/3e10_EXXI]
Superior Energy Services, Inc. Research Report
On October 24, 2013, Superior Energy Services, Inc. (Superior Energy) announced its Q3 2013 and 9M 2013 financial results. The Company reported revenue of $1.2 billion, representing an increase of 0.8% YoY during the quarter. Net income stood at $69.8 million, or $0.43 per diluted share in Q3 2013, compared with $93.9 million, or $0.59 per diluted share in Q3 2012. For 9M 2013, the Company reported revenue of $3.5 billion and net income of $202.1 million, compared with revenue of $3.4 million and net income of $289.7 million in 9M 2012. David Dunlap, President and CEO of Superior Energy, said, "As previously announced, the persistent flat horizontal rig count in the U.S. land markets has created a market environment characterized by oversupply and increased competition for several completions and production-related services. As a result, our U.S. land revenue declined about 1% from the second quarter and gross profit margins for several service lines were lower than the second quarter." The Full Research Report on Superior Energy Services, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/960d_SPN]
Oceaneering International, Inc. Research Report
On October 16, 2013, Oceaneering International, Inc. (Oceaneering) reported that neutral buoyancy underwater testing, which is used to simulate and practice mission critical tasks, is available commercially at NASA's Neutral Buoyancy Laboratory (NBL) near Houston. The Company stated that the said NASA's Laboratory has an Oceaneering Millennium Plus Work Class ROV installed for commercial testing operations. The Full Research Report on Oceaneering International, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/0143_OII]
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to making mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts' Corner