Dividends, Product Launches, Financial Results, and Upcoming Conference Calls - Research Report on Halliburton, Schlumberger, Baker Hughes, National Oilwell Varco, and McDermott
NEW YORK, November 11, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Halliburton Company (NYSE: HAL), Schlumberger Limited (NYSE: SLB), Baker Hughes Incorporated (NYSE: BHI), National Oilwell Varco, Inc. (NYSE: NOV), and McDermott International, Inc. (NYSE: MDR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Halliburton Company Research Report
On November 6, 2013, Halliburton Company (Halliburton) announced that its Board of Directors has approved a 20% increase in its quarterly dividend, to $0.15 per share on the Company's common stock. Halliburton informed that the dividend is payable on December 27, 2013 to shareholders of record at the close of business on December 6, 2013. Dave Lesar, Chairman, President and CEO of Halliburton commented, "Going forward, we expect our dividend payout to be at least 15-20% of net income. Additionally, we anticipate doing more systematic buybacks, and expect announcements like this one today to occur more frequently." The Full Research Report on Halliburton Company - 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/fe6a_HAL]
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Schlumberger Limited Research Report
On October 31, 2013, Schlumberger Limited (Schlumberger) announced the release of the Quartet downhole reservoir testing system enabled by Muzic wireless telemetry, which supplies data in real time for validation to ensure that critical information is available to meet the well test objectives. Sameh Hanna, President of Testing Services at Schlumberger, commented, "With this new system capability, customers can manage wellbore events and refine well tests to ensure their objectives are met, and to gain a better understanding of the reservoir." The Company stated that the Quartet system improves testing efficiency by making possible the isolation, control, measurement and sampling of the reservoir in a single run. Schlumberger informed that field tests using the Quartet system with wireless telemetry have been conducted in Egypt, Indonesia, Qatar, Brazil, and Angola in environments ranging from onshore to deepwater. The Company added that 22 reservoir tests have been run with data from downhole to surface at a 100% communication success rate. The Full Research Report on Schlumberger Limited - 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/127c_SLB]
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Baker Hughes Incorporated Research Report
On October 25, 2013, Baker Hughes Incorporated's (Baker Hughes) Chairman and CEO, Martin S. Craighead, announced that its Board of Directors has approved a regular quarterly cash dividend of $0.15 per share of common stock. The Company informed that the dividend is payable on November 15, 2013, to holders of record as of November 4, 2013. The Full Research Report on Baker Hughes Incorporated - 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/9fc3_BHI]
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National Oilwell Varco, Inc. Research Report
On November 6, 2013, National Oilwell Varco, Inc. (National Oilwell) announced that it will release its Q4 2013 and full-year 2013 financial results on January 31, 2014 before the market opens. The Company informed that it will host a conference call to discuss its results on the same day at 8:00 a.m. CT. National Oilwell added that the call will be broadcast through the Investor Relations section on its website, and a replay of the same will be available on its website for 30 days after the completion of the call. The Full Research Report on National Oilwell Varco, 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/452a_NOV]
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McDermott International, Inc. Research Report
On November 4, 2013, McDermott International, Inc. (McDermott) reported Q3 2013 financial results. Revenue for the quarter stood at $686.9 million, down 33.2% YoY. The Company stated that the decline in revenue was due to the completion of several significant projects that were active in Q3 2012. Net loss attributable to McDermott was $64.1 million or $0.27 per diluted share in Q3 2013, compared with net income of $50.6 million, or $0.21 per diluted share in Q3 2012. Stephen M. Johnson, Chairman of the Board, President, and CEO of McDermott commented, "I am pleased to see our Middle East segment return to profitability this quarter as we demonstrated improved consistency in performance. Despite our recent challenges, I am optimistic about the future of the Company and the foundation that we have built to address the subsea market." The Full Research Report on McDermott 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/601e_MDR]
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SOURCE Analysts' Corner
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