Pricing of Senior Notes, Quarterly Results, Company Partnerships, and Quarterly Dividends - Research Report on Halliburton, Schlumberger, Cameron International, FMC Technologies, and Baker Hughes
Editor Note: For more information about this release, please scroll to bottom
NEW YORK, August 1, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Halliburton Company (NYSE: HAL), Schlumberger Limited (NYSE: SLB), Cameron International Corporation (NYSE: CAM), FMC Technologies, Inc. (NYSE: FTI), and Baker Hughes Incorporated (NYSE: HMI). 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 July 29, 2013, Halliburton Company (Halliburton) announced the pricing for an offering of $3.0 billion aggregate principal amount of senior notes. The notes will be issued in four tranches: $600 million of 3-year notes with interest at a fixed rate of 1.0 % per year and maturing on August 1, 2016; $400 million of 5-year notes with interest at a fixed rate of 2.0 % per year and maturing on August 1, 2018; $1.1 billion of 10-year notes with interest at a fixed rate of 3.5% per year and maturing on August 1, 2023; and $900 million of 30-year notes with interest at a fixed rate of 4.8% per year and maturing on August 1, 2043. The offering is expected to close on August 5, 2013. 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 ]
--
Schlumberger Limited Research Report
On July 19, 2013, Schlumberger Limited (Schlumberger) reported its financial results for Q2 2013. The Company posted revenue of $11.2 billion versus $10.6 billion in Q1 2013, and $10.3 billion in Q2 2012. Oilfield Services revenue of $11.2 billion also increased 5.8% QoQ and 8.1% YoY in Q2 2013. Oilfield Services pretax operating income of $2.3 billion increased 15.9% QoQ and went up 11.7% YoY. Schlumberger CEO Paal Kibsgaard said, "Strong Schlumberger second-quarter results were marked by significantly higher international activity, both offshore and in key land markets. In North America, we benefited from solid execution on land and further strength in deepwater activity to achieve solid overall progress despite competitive land pricing and the effects of the Western Canada spring break-up. Double-digit sequential revenue growth was recorded by the Reservoir Characterization Group and by the Middle East & Asia and the Europe/CIS/Africa Areas. All Areas displayed strong execution and integration performance that, together with new technology sales, helped operating margins reach or exceed 20% across all geographies." 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 ]
--
Cameron International Corporation Research Report
On July 25, 2013, Cameron International Corporation (Cameron International) reported financial results for Q2 2013. The Company posted non-GAAP diluted earnings per share of $0.79, compared to $0.74 in Q2 2012. The Company reported Q2 2013 GAAP net income of $140.4 million, or $0.57 per diluted share, compared to GAAP net income of $174.6 million, or $0.70 per diluted share, in Q2 2012. Jack B. Moore, Cameron Chairman, President and Chief Executive Officer, said, "Our drilling, surface and subsea systems businesses each reflected year-over-year revenue improvements due to our record backlog position." The Company also stated that its total orders in Q2 2013 stood at $2.3 billion, which did not reflect any significant subsea or drilling systems awards, as seen in the previous two record quarters. Mr. Moore added, "Record North American surface orders, continued robust drilling aftermarket and strong distributed valve orders were noted in the quarter." He further stated that the Company is still expecting a record year in bookings. The Full Research Report on Cameron International Corporation - 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/59f6_CAM ]
--
FMC Technologies, Inc. Research Report
On July 26, 2013, FMC Technologies, Inc. (FMC Technologies) announced that it has bagged a contract from Petrobras (PBR, PBRA) to provide three subsea boosting stations for the Parque das Baleias development, which is located offshore Brazil's Espirito Santo state in the Campos Basin. The contract is valued at approximately $40 million. Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies, commented, "The Horizontal Boosting Station for the Parque das Baleias project is FMC Technologies' third implementation of this type of subsea boosting technology for Petrobras. FMC Technologies is happy to support Petrobras with solutions that increase oil recovery and extend the life of fields." The Full Research Report on FMC Technologies, 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/6b84_FTI ]
--
Baker Hughes Incorporated Research Report
On July 25, 2013, Baker Hughes Incorporated's (Baker Hughes) Chairman and Chief Executive Officer, Martin S. Craighead, declared that the Baker Hughes Board of Directors has finalized the regular quarterly cash dividend of $0.15 per share of common stock payable on August 16, 2013, to holders of record as of August 5, 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 ]
----
EDITOR NOTES:
- 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 a CFA. However, we are only human and are prone to make 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 [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
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 has, through Chartered Financial Analysts, 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.
AnalystsCorner.com
SOURCE Analysts' Corner
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article