McDermott International Inc

Most Recent

  • uploads///OIS
    Energy & Utilities

    What Might Happen to Oil States’ Revenues in Q2 2018?

    Oil States International (OIS) ranks fourth on our list of the top five revenue growing OFS companies, according to analysts.

    By Alex Chamberlin
  • uploads///Segments
    Earnings Report

    Does Nabors Industries Expect Rig Count to Rise in the Near Term?

    Nabor Industries’s Drilling & Rig Services segment accounted for nearly all of the company’s revenues in 2Q16.

    By Alex Chamberlin
  • uploads///MA Price
    Company & Industry Overviews

    Does Nabors Industries’ Share Price Still Look Strong?

    Nabors Industries (NBR), one of the largest land-based drilling operators in the world, has had a steady run in the stock market in 2016.

    By Alex Chamberlin
  • uploads///EPS
    Consumer

    How Halliburton Beat 2Q16 Estimates Despite Revenue Declines

    Halliburton (HAL) released its fiscal 2Q16 financial results on July 20, 2016. It recorded total revenues of $3.4 billion, a decline of 43% from $5.9 billion in fiscal 2Q15.

    By Alex Chamberlin
  • uploads///Top Returns
    Energy & Utilities

    Ranking the Top 5 OFS Companies by Market Returns

    In 2017, not many companies in the OFS (oilfield equipment and services) industry have had positive returns from the stock market.

    By Alex Chamberlin
  • uploads///Reveue and earnings
    Company & Industry Overviews

    What Affected Flotek Industries’ Earnings in 4Q16

    In terms of operating income, FTK’s Energy Chemistry Technologies segment fell 34% from 4Q15 to 4Q16.

    By Alex Chamberlin
  • uploads///P
    Energy & Utilities

    Top Energy Gains Last Week

    On April 16, McDermott International announced that it will release its first-quarter earnings results on April 29.

    By Rabindra Samanta
  • uploads///p
    Company & Industry Overviews

    Oilfield Services Stocks Fell the Most in the Energy Sector

    On November 30–December 7, Superior Energy Services (SPN) fell the most on our list of energy stocks.

    By Rabindra Samanta
  • uploads///US Revenue and Rig Count
    Earnings Report

    Will the US Rig Count Affect National Oilwell Varco in 4Q16?

    A higher US rig count could increase the 4Q16 revenues and earnings of oilfield equipment and services providers such as National Oilwell Varco and Oil States International.

    By Alex Chamberlin
  • uploads///Net DEBT
    Basic Materials

    A Look at Flotek Industries’ Debt Position in 2Q17

    In 2Q17, Flotek Industries’ (FTK) total debt fell ~34% compared to 2Q16.

    By Alex Chamberlin
  • uploads///RV
    Basic Materials

    Flotek Industries’ Current Valuation versus Its Peers

    Sell-side analysts expect Flotek’s adjusted EBITDA to rise sharper in the next four quarters compared to its peers.

    By Alex Chamberlin
  • uploads///Correlation
    Energy & Utilities

    National Oilwell Varco’s Correlation with Crude Oil Prices

    National Oilwell Varco’s correlation with crude oil prices increased in the trailing year to September 8, 2017—compared to the previous year.

    By Alex Chamberlin
  • uploads///IV
    Energy & Utilities

    Chart in Focus: Nabors Industries’ 7-Day Stock Price Forecast

    On February 12, 2018, Nabors Industries’ (NBR) implied volatility was 69.5%.

    By Alex Chamberlin
  • uploads///IV
    Energy & Utilities

    Analyzing Schlumberger’s Stock Price Forecast This Week

    From April 20 to June 29, Schlumberger’s implied volatility has remained nearly unchanged at ~24.0%.

    By Alex Chamberlin
  • uploads///Segment Revenue
    Earnings Report

    Baker Hughes’s Revenue Growth Depends on These Value Drivers

    Between 2Q15 to 2Q16, all of Baker Hughes’s (BHI) segments saw lower revenues.

    By Alex Chamberlin
  • uploads///SI
    Company & Industry Overviews

    Short Interest in Flotek Falling: What Does It Mean?

    Short interest in FTK Flotek Industries’ (FTK) short interest as a percentage of float was 21.3% on December 20, compared with 23.3% on September 30. Since the end of 3Q16, FTK’s short interest has fallen 10%. FTK’s share price and short interest as a percentage of float been mostly inversely related in the past three years. […]

    By Alex Chamberlin
  • uploads///HLX
    Energy & Utilities

    What’s behind Helix Energy’s High ‘Buy’ Ratings?

    Helix Energy Solutions Group (HLX) has the second-highest “buy” ratings assigned by sell-side analysts in the OFS industry.

    By Alex Chamberlin
  • uploads///p
    Energy & Utilities

    Energy Stocks: Top Outperformers Last Week

    In the week ending February 22, Superior Energy Services (SPN) rose the most among the energy stocks under review in this series.

    By Rabindra Samanta
  • uploads///IV
    Consumer

    Analyzing Halliburton’s Stock Price Forecast This Week

    Halliburton stock will likely close between $43.14 and $40.46 by August 3—based on its implied volatility.

    By Alex Chamberlin
  • uploads///IV
    Consumer

    Halliburton’s Stock Price Forecast This Week

    Halliburton stock will likely close between $47.12 and $43.58 by July 20 based on its implied volatility. Halliburton’s stock price was $45.35 as of July 13.

    By Alex Chamberlin
  • uploads///IV
    Energy & Utilities

    What’s Nabors Industries’ Stock Price Forecast This Week?

    Nabors Industries’ (NBR) implied volatility was 51.3% as of July 6.

    By Alex Chamberlin
  • uploads///P
    Energy & Utilities

    The Top Energy Decliners in the Week Ended July 6

    During the week ended July 6, US crude oil August futures and natural gas August futures fell 0.5% and 2.3%, respectively.

    By Rabindra Samanta
  • uploads///IV
    Energy & Utilities

    WFT’s Stock Price Forecast for This Week

    As of June 22, Weatherford International’s (WFT) implied volatility was 58.9%. Since April 24, when Weatherford International’s first-quarter financial results were released, its implied volatility has decreased from 63%.

    By Alex Chamberlin
  • uploads///IV
    Energy & Utilities

    Schlumberger’s Stock Price Forecast this Week

    Schlumberger’s (SLB) first-quarter financial results were released on April 20. Between April 20 and June 15, Schlumberger’s implied volatility fell from 24.1% to 22%.

    By Alex Chamberlin
  • uploads///Returns
    Energy & Utilities

    Returns of Top Five Oilfield Companies by Expected Revenue Growth

    McDermott International (MDR), which sell-side analysts expect to achieve the highest revenue growth in Q2, has produced 3.6% YTD returns as of June 12.

    By Alex Chamberlin
  • uploads///natural gas _
    Energy & Utilities

    The Top Five Oilfield Companies by Expected Revenue Growth in Q2

    In this series, we’ll rank and analyze the top five OFS companies that are expected to generate the highest revenue growth in Q2 2018.

    By Alex Chamberlin
  • uploads///IV
    Consumer

    What’s Halliburton’s Stock Price Forecast This Week?

    Halliburton’s (HAL) implied volatility was 23.9% on June 8.

    By Alex Chamberlin
  • uploads///IV
    Consumer

    Halliburton’s Next 7-Day Stock Price Forecast

    Halliburton stock will likely close between $48.52 and $44.36 in the next seven days—based on its implied volatility.

    By Alex Chamberlin
  • uploads///IV
    Energy & Utilities

    What’s Schlumberger’s 7-Day Stock Price Forecast?

    On January 19, 2018, Schlumberger’s (SLB) 4Q17 financial results were released.

    By Alex Chamberlin
  • uploads///MDR
    Energy & Utilities

    McDermott International Has Increased 16% in 2018

    McDermott International’s stock price was the highest YTD at $8.98 on January 24. Since then, the stock price has declined 15% until March 13.

    By Alex Chamberlin
  • uploads///IV
    Consumer

    What’s Halliburton’s Next 7 Day Stock Price Forecast?

    Halliburton stock will likely close between $48.63 and $45.35 in the next seven days—based on its implied volatility.

    By Alex Chamberlin
  • uploads///IV
    Earnings Report

    National Oilwell Varco’s Next-7-day Stock Price Forecast

    On January 18, National Oilwell Varco’s (NOV) implied volatility (or IV) was ~30%. Its 3Q17 earnings were announced on October 26. Since then, its implied volatility has remained nearly unchanged at around this level.

    By Alex Chamberlin
  • uploads///IV
    Consumer

    Weatherford’s Stock Price Forecast

    On January 16, Weatherford International’s (WFT) implied volatility (or IV) was ~64%. Its 3Q17 earnings were announced on November 1, 2017. Since then, its implied volatility has increased from 54% to the current level.

    By Alex Chamberlin
  • uploads///RV
    Energy & Utilities

    Weatherford International’s Valuation Compared to Its Peers

    Weatherford International’s (WFT) EV (enterprise value) when scaled by a trailing 12-month adjusted EBITDA is close to the peer average in our group.

    By Alex Chamberlin
  • uploads///IV
    Energy & Utilities

    Here’s National Oilwell Varco’s 7-Day Stock Price Forecast

    On December 12, 2017, National Oilwell Varco’s (NOV) implied volatility was 24.7%.

    By Alex Chamberlin
  • uploads///Net debt
    Consumer

    A Peek at Halliburton’s Post-3Q17 Net Debt

    Halliburton’s net debt In 3Q17, Halliburton’s (HAL) total debt fell 11% from the year prior, while its cash and marketable securities fell 42%. Its net debt remained at ~$9.0 billion. Despite a decrease in total debt, a steep decline in cash and marketable securities prevented any sharp fall in HAL’s net debt. Is HAL’s credit rating changing? Moody’s maintained Halliburton’s […]

    By Alex Chamberlin
  • uploads///IV
    Basic Materials

    What We Can Forecast for TechnipFMC Next Week

    On November 9, TechnipFMC’s (FTI) implied volatility was 31.5%. Since FTI’s 3Q17 financial results were announced on October 25, its implied volatility has fallen marginally.

    By Alex Chamberlin
  • uploads///FCF
    Energy & Utilities

    A Look at National Oilwell Varco’s Free Cash Flow

    National Oilwell Varco’s operating cash flow and capex National Oilwell Varco’s (NOV) CFO (cash from operating activities) rose 31% between 2Q16 and 2Q17. NOV generated $168 million in CFO in 2Q17. Higher revenue in the past year has boosted its CFO. National Oilwell Varco’s free cash flow NOV’s capex fell 44% between 2Q16 and 2Q17. Lower […]

    By Alex Chamberlin
  • uploads///IV
    Basic Materials

    Here’s What We Can Forecast for Halliburton Next Week

    In January 2016, Halliburton’s implied volatility was one of the highest in the past three years at ~52.0%. Since then, its implied volatility has fallen sharply.

    By Alex Chamberlin
  • uploads///Net Debt
    Consumer

    Understanding Halliburton’s Net Debt after 2Q17

    In 2Q17, Halliburton’s (HAL) total debt fell 14% from 2Q16, while its cash and marketable securities fell 31%.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Basic Materials

    Wall Street Analysts’ Recommendations for Flotek Industries

    On August 10, 2017, all of the sell-side analysts tracking Flotek Industries rated it as a “buy.” None of the analysts rated Flotek as a “hold” or “sell.”

    By Alex Chamberlin
  • uploads///SI
    Energy & Utilities

    What Was the Short Interest in Schlumberger on August 4?

    Short interest in Schlumberger’ (SLB) stock as a percentage of its float was ~1.5% on August 4, 2017, compared to 1.6% as of June 30, 2017.

    By Alex Chamberlin
  • uploads///Segment Rev Change
    Earnings Report

    What Drove Schlumberger in 1Q17

    Schlumberger’s 1Q17 revenue by geography From 4Q16 to 1Q17, Schlumberger (SLB) witnessed 6% revenue growth in North America, while it saw a steep revenue decline of ~10% in the Europe/CIS[1.Commonwealth of Independent States]/West Africa region. Schlumberger’s revenue from Latin America was resilient in 1Q17, remaining unchanged from 4Q16. Schlumberger accounts for 6.5% of the ProShares […]

    By Alex Chamberlin
  • uploads///RV
    Miscellaneous

    Weighing Flotek’s Current Valuation against Peers

    Sell-side analysts expect FTK’s adjusted EBITDA to rise more sharply over the next four quarters than those of its peers.

    By Alex Chamberlin
  • uploads///IV
    Miscellaneous

    Here’s What We Can Expect for Baker Hughes Next Week

    On June 13, 2017, Baker Hughes’s (BHI) implied volatility was 20.3%.

    By Alex Chamberlin
  • uploads///Net debt
    Miscellaneous

    What’s Happening to Halliburton’s Net Debt?

    In 1Q17, Halliburton’s (HAL) total debt fell 29% compared to a year earlier, while its cash and marketable securities fell 78%.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Miscellaneous

    Wall Street’s Forecasts for BHI before Its 1Q17 Earnings Release

    On April 10, ~58% of the analysts tracking Baker Hughes rated it as a “buy” or some equivalent, ~42% rated the company as a “hold,” and none of the sell-side analysts rated it as a “sell” or an equivalent.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Miscellaneous

    Analysts’ Recommendations for Weatherford International

    On March 1, ~71% of the analysts tracking Weatherford International rated it as a “buy,” ~20% rated it as a “hold,” and the rest rated it as a “sell.”

    By Alex Chamberlin
  • uploads///IV
    Company & Industry Overviews

    What Does Implied Volatility Suggest for Weatherford Stock?

    On March 1, Weatherford International’s (WFT) implied volatility was ~52%. Since February 1, its implied volatility fell from 73% to the current level.

    By Alex Chamberlin
  • uploads///RV
    Company & Industry Overviews

    How Flotek Industries Is Valued versus Peer Stocks

    Core Laboratories (CLB) is the largest company by market capitalization among our set of select oilfield services and equipment (or OFS) companies…

    By Alex Chamberlin
  • uploads///SI
    Earnings Report

    Why Did Baker Hughes’s Short Interest Increase?

    The short interest in Baker Hughes (BHI) stock as a percentage of its float was 2.3% as of January 10—compared to 1.8% as of September 30.

    By Alex Chamberlin
  • uploads///FCF
    Company & Industry Overviews

    Assessing Nabors Industries’ Plans to Preserve Liquidity

    In this article, we’ll analyze how Nabors Industries’ (NBR) operating cash flows trended over the past few quarters.

    By Alex Chamberlin
  • uploads///US Revenue and Rig count
    Company & Industry Overviews

    Nabors: Gauging the Impact of Rig Counts in 4Q16

    In 3Q16, the US rig count fell 35% over 3Q15. The US rig count reached its multi-year high in September 2014.

    By Alex Chamberlin
  • uploads///Volatility
    Company & Industry Overviews

    Is Weatherford International’s Implied Volatility Up?

    On November 7, 2016, Weatherford International’s (WFT) implied volatility rose to ~89%, as compared to 66% one week previously.

    By Alex Chamberlin
  • uploads///US Rev and Rig Count
    Company & Industry Overviews

    How Much Could the US Rig Count Impact NOV in 4Q16?

    In 3Q16, the US rig count fell 35% compared to 3Q15. It reached a multiyear high in September 2014. Since then, it fell 70% until November 11.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Earnings Report

    Wall Street’s Forecasts for FMC Technologies after 3Q16 Earnings

    Approximately 33.0% of analysts tracking FMC Technologies (FTI) have rated it a “buy” or some equivalent. About 60.0% have rated it a “hold” or equivalent.

    By Alex Chamberlin
  • uploads///Segment Rev Change
    Earnings Report

    What Could Drive National Oilwell Varco’s Performance in 3Q16?

    National Oilwell Varco’s revenue growth From 2Q15 to 2Q16, National Oilwell Varco’s (NOV) Rig Systems segment’s revenue fell 71%, the largest revenue drop among NOV’s operating segments. Its Completion & Production Solutions segment witnessed a ~38% revenue decline during the same period, the smallest decline among the segments. In 2Q16, smaller market cap peer McDermott […]

    By Alex Chamberlin
  • uploads///US Rev Share and Rig Count
    Earnings Report

    Could the US Rig Count affect National Oilwell Varco in 3Q16?

    National Oilwell Varco’s US revenue In 2015, National Oilwell Varco’s (NOV) US revenue share fell. In 2015, NOV’s US revenue share fell to 25% from 28% in 2014. During the same period, NOV’s aggregate revenues fell 31%. In comparison, McDermott International’s (MDR) 2015 revenues increased by 33% from 2014. NOV makes up 0.06% of the […]

    By Alex Chamberlin
  • uploads///US Rigs and Revenue
    Earnings Report

    How the US Rig Count May Have Affected Core Laboratories in 3Q16

    In the past year, Core Laboratories’s (CLB) revenue has fallen. In 2Q16, CLB’s revenue fell 3.6% over 1Q16.

    By Alex Chamberlin
  • uploads///Segments
    Earnings Report

    Analyzing Halliburton’s Strategies in 3Q16

    From 2Q15 to 2Q16, Halliburton’s (HAL) Drilling and Evaluation segment’s revenue fell 30%. Its operating income in the D&E segment fell 61% in 2Q16.

    By Alex Chamberlin
  • uploads///MA Price
    Company & Industry Overviews

    What’s Driving Schlumberger’s Share Price up So Far This Year?

    Schlumberger (SLB), the largest oilfield equipment and services (or OFS) provider by market capitalization, has had a steady run in the stock market in 2016.

    By Alex Chamberlin
  • uploads///FCF
    Company & Industry Overviews

    Why WFT Expects Its Free Cash Flow to Improve in 2H16

    In this article, we’ll analyze how Weatherford International’s (WFT) operating cash flow has trended over the past few quarters.

    By Alex Chamberlin
  • uploads///RV
    Basic Materials

    How Is Flotek Industries Currently Valued Compared to Its Peers?

    RPC is the largest company by market capitalization among our set of select OFS companies. Flotek Industries is the smallest of the lot.

    By Alex Chamberlin
  • uploads///Oil Projected
    Energy & Utilities

    How Far Could US Shale Oil Production Drop?

    The EIA (U.S. Energy Information Administration) expects crude oil production to slow down at the key US shales.

    By Alex Chamberlin
  • uploads///SI
    Company & Industry Overviews

    Core Laboratories’ Short Interest Is Increasing, but What Will That Mean?

    Core Laboratories’ (CLB) short interest as a percentage of its float is 14.9% as of August 8, as compared to 13.4% as of June 30.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Earnings Report

    Inside the Analyst Forecasts for Patterson-UTI Energy after Its 2Q16 Earnings

    Approximately 52% of analysts tracking Patterson-UTI Energy (PTEN) rated it a “buy” or some equivalent. Approximately 34% rated the company a “hold.”

    By Alex Chamberlin
  • uploads///EPS
    Earnings Report

    What Do Analysts Expect from Nabors Industries’s 2Q16 Earnings?

    In 2Q16, Wall Street analysts expect an adjusted loss per share of $0.45 for Nabors Industries (NBR). NBR will release its 2Q16 financial results on August 2.

    By Alex Chamberlin
  • uploads///SI
    Earnings Report

    Has BHI’s Short Interest Decreased since 1Q16?

    On July 7, 2016, Baker Hughes’s (BHI) short interest as a percentage of its float was 1.0%, compared to 1.2% on March 31.

    By Alex Chamberlin
  • uploads///Segment Rev Change
    Consumer

    Is Halliburton Expecting a Recovery in 2Q16?

    Halliburton’s (HAL) revenues have been in a downtrend from 1Q15 through 1Q16.

    By Alex Chamberlin
  • uploads///Dividend and yield
    Company & Industry Overviews

    Why Superior Energy Services Canceled Its Dividend

    In March, Superior Energy Services’ (SPN) management disclosed that SPN’s board has elected to eliminate its quarterly dividend per share (or DPS).

    By Alex Chamberlin
  • uploads///MA Price
    Company & Industry Overviews

    Why Is Superior Energy Services’ Share Price Recovering?

    Only July 1, Superior Energy Services (SPN) was trading at $18.99. This price was ~40% higher than its price at the beginning of 2016.

    By Alex Chamberlin
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.