Goldman Raises Sector Rating on Oil Services to Attractive
More News related to BHI
- Calyon Upgrades Several Oil Well Services & Equipment Stocks (NE, NBR, HERO, FTI, BHI, BJS)
- Baker Hughes to Present at the Lehman Brothers 2008 CEO Energy/Power Conference
- Baker Hughes Announces July 2008 Rig Counts
- Baker Hughes Announces Conference Call
- BullMarket.com Offers Investment Opinion on Oil Service Stocks
More News related to DO
- Diamond Offshore (DO) Says 6 Rigs in 'Pretty Good Shape' -Bloomberg
- Loews Corporation Elects Ken Miller To Its Board of Directors
- Loews Corporation Announces Quarterly Dividend on Common Stock
- Matrix USA Rating Changes 8/12
- Matrix USA Rating Changes 8/11
More News related to HAL
- David Moenning's Daily State of the Markets: 9/5
- Goldman Sachs Adds Transocean (RIG) to its Conviction Buy List; Removes Halliburton (HAL)
- CARBO Ceramics Inc. Announces Sale of Fracture and Reservoir Diagnostic Assets and Stock Repurchase Plan
- Halliburton to Present at the Lehman Brothers 2008 CEO Energy / Power Conference
- SectorWatch.biz Issues MarketStats on Oil Field Services Companies CETG, WLL, HAL, MRO, CLR and SLB
Goldman Sachs raised its sector rating on the Oil Services group from Neutral to Attractive this morning.
Stocks in this group that could see upside today due to the sector upgrade include: Schlumberger (NYSE: SLB), Transocean (NYSE: RIG), Halliburton (NYSE: HAL), National-Oilwell Varco (NYSE: NOV), Baker Hughes (NYSE: BHI) and Diamond Offshore (NYSE: DO).
Shares of several of these stocks are showing movement from the upgrade today; Transocean is currently up about 1.9% to $153.03 in pre-market trading, Schlumberger is up about 1.7% to $106.70 and Diamond Offshore is up 1.3% to $137.49.
After hitting recent lows on June 4, these stocks have seen upward momentum over the last several weeks. Shares of Transocean are up more than 7% from ~$142.50, Diamond Offshore has moved 5.4% higher from its near-term low of ~$130.50 and Schlumberger has once again cracked the $100 level, moving up about 8% from where it was at on the 4th.
Related Categories
Analyst CommentsInsiders' Blog
Stocks Mentioned
-0.52
+2.38Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
