Public Offering Pricing, Acquisitions, Notes Redemption, Stock Repurchase Program, and Divestures - Analyst Notes on Emerge Energy, Oceaneering, OilStates, Dril-Quip and Precision

NEW YORK, June 25, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Emerge Energy Services LP (NYSE: EMES), Oceaneering International, Inc. (NYSE: OII), Oil States International, Inc. (NYSE: OIS), Dril-Quip, Inc. (NYSE: DRQ) and Precision Drilling Corporation (NYSE: PDS). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4089-100free.

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Emerge Energy Services LP Analyst Notes
On June 20, 2014, Emerge Energy Services LP (Emerge Energy) announced the pricing of its underwritten public offering of c.3.5 million common units representing limited partner interests in the Company by certain selling unitholders. The Company stated that the selling unitholders offered the units to the public at $109.06 per unit and have granted the underwriters a 30-day option to purchase up to 527,307 additional common units. The Company informed that it will not receive any of the net proceeds from the offering and that the number of common units will remain unchanged. The full analyst notes on Emerge Energy are available to download free of charge at:

http://www.analystsreview.com/Jun-25-2014/EMES/report.pdf

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Oceaneering International, Inc. Analyst Notes
On June 17, 2014, Oceaneering International, Inc. (Oceaneering) -a provider of engineered services and products, with focus on deep water applications announced that it has acquired Spectrum Sales & Services, LLC (Spectrum), a non-destructive examination (NDE) that developed subsea pipeline inspection technology based on the use of Electro Magnetic Acoustic Transducer (EMAT) technology. According to the Company, Spectrum, with revenue of approximately $4 million in 2013, currently serves the oil and gas, petrochemical and power industries primarily in the Gulf Coast Region of the US. Oceaneering stated that the acquisition adds the EMAT service line to Oceaneering's Asset Integrity business segment, which the Company plans to grow by leveraging its global footprint. The full analyst notes on Oceaneering are available to download free of charge at:

http://www.analystsreview.com/Jun-25-2014/OII/report.pdf

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Oil States International, Inc. Analyst Notes
On June 9, 2014, Oil States International, Inc. (Oil States) announced that it has redeemed the remainder of c.$103.9 million or 17.32% of the original $600 million aggregate principal amount of its outstanding 6.5% Senior Notes due 2019 (the "2019 Notes"), as well as the remaining $150,000, or 0.04% of the original $366 million aggregate principal amount of its outstanding 5.125% Senior Notes due 2023 the ("2023 Notes"). The Company stated that the redemption price for each $1,000 principal amount for the 2019 Notes and 2023 Notes was $1,050.19 and $1,166.84 in cash, respectively, plus accrued and unpaid interests up to, but excluding the redemption date of June 9, 2014. The Company further informed that the other c.$496.1 million or 82.68% of the 2019 Notes, and $365.9 million or 99.96% of the 2023 Notes were repurchased pursuant to Oil States' previously announced tender offer which expired on June 6, 2014. The full analyst notes on Oil States are available to download free of charge at:

http://www.analystsreview.com/Jun-25-2014/OIS/report.pdf

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Dril-Quip, Inc. Analyst Notes
On June 12, 2014, Dril-Quip, Inc. (Dril-Quip) announced that its Board of Directors has authorized a stock repurchase program under which the Company can repurchase up to $100 million of its common stock. Dril-Quip informed that the said repurchase program has no expiry date and can be made through open market purchases, privately negotiated transactions or plans, instructions or contracts. The Company noted that the program does not obligate the Company to acquire any particular common stock and that the repurchased shares will be cancelled. Dril-Quip informed that recently the Company completed a previously authorized stock repurchase program of $100 million, under which the Company repurchased 85,840 shares of common stock for $10 million in Q4 2013, and 869,699 shares of its common stock for $90 million in Q2 2014. The full analyst notes on Dril-Quip are available to download free of charge at:

http://www.analystsreview.com/Jun-25-2014/DRQ/report.pdf

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Precision Drilling Corporation Analyst Notes
On June 16, 2014, Precision Drilling Corporation (Precision) announced that it has signed an agreement to sell certain assets from its trucking operations to Aveda Transportation and Energy Services, Inc. (Aveda). Precision informed that the assets included in the sale consist of trucks and other related assets which are used to support drilling rig moving operations for the Company and third parties in Texas and in New Mexico. The Company noted that the asset sale is expected to close on July 1, 2014. Kevin Neveu, Precision's President and CEO, said, "The divestiture of these non-core assets will free up capital to invest in the growth of Precision's core businesses in Canada, the U.S. and international markets. Additionally, we believe the assets will be better suited in an organization committed to growing the service capabilities of the trucking platform these assets provide." The full analyst notes on Precision are available to download free of charge at:

http://www.analystsreview.com/Jun-25-2014/PDS/report.pdf

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