For this company, big is beautiful. Scale has become a burden for oil majors struggling to grow their production, but this oil services firm can still count it a blessing, observes Richard Moroney, editor of Dow Theory Forecasts.
Founded in 1926, Schlumberger (SLB), operates in all major facets of oilfield services, essentially covering the lifespan of reservoirs that house natural gas and oil.
About 75% of the 27 energy equipment and services companies in the S&P 1500 Index have market values below $5 billion. By comparison, Schlumberger's market cap tops $106 billion.
Schlumberger's scale��reater operating cash flow than its three largest US rivals combined��llows the company to pursue opportunities worldwide.
North America generated 31% of sales for the 12 months ended June, followed by Europe and Africa (28%), Middle East and Asia (23%), and Latin America (18%).
The US land-drilling industry suffers from declining rig counts and relatively weak pricing. But international markets have rebounded, especially Saudi Arabia, China, and Australia.
Hot Paper Stocks To Invest In 2015: Avino Silver & Gold Mines Ltd (ASM)
Avino Silver & Gold Mines Ltd. (Avino) is a natural resource company, primarily engaged in the acquisition, exploration and development of natural resource properties. The Company�� principal business activities include the exploration of a mineral property located in the State of Durango, Mexico and other mineral properties in Canada, specifically British Columbia and the Yukon Territory. The Company is focused on silver and gold exploration. As of December 31, 2011, the Company explored five silver and gold projects in Canada and Mexico. All of the Company�� mineral property interests in Canada are wholly owned by the Company. In Mexico, the Company has a 99.28% interest in Cia Minera, a Mexican company, which is involved in the mining of commercial ores and resource exploration and development, including the operation of the Avino Mine. Cia Minera is not involved with any exploration activities in Canada. Advisors' Opinion:- [By abirk]
Spirit's profits are signs of steady growth. Since 2010, Annual passenger revenue and net income have both increased steadily. Spirit generated 24.4% growth in revenue passenger miles (RPM), while the available seat miles (ASM), and grew 24.8%. On the other hand, Delta's mainland division had 8.6 million RPM. �On a revenue basis, Spirit is equivalent to about 3.2% of the total revenue of the combined Delta and US Airways, now part of American Airlines Group (AAL).
Top Oil Service Companies To Buy Right Now: Hyundai Motor Co (HYMTF)
HYUNDAI MOTOR COMPANY is a Korea-based company principally engaged in the manufacture and distribution of automobiles and automobile parts. Along with its subsidiaries, the Company operates in three business divisions: vehicle division, financial division and other business division. Its vehicle division manufactures automobiles under the brand names of Genesis, Tucson, Equus, Veloster, Azera, Sonata, Elantra, Accent and others, and commercial vehicles, including trucks, buses, special vehicles and others, as well as provides automobile maintenance services and related components. Its financial division mainly provides automobile financing services and credit card services. Its other business division includes construction of railways and others. Advisors' Opinion:- [By Analyse360Degree]
Honda (HMC) recorded sales increase of 1% to 132,456 vehicles, while Hyundai Motor (HYMTF) volumes rose 4% - thanks to its subcompact Accent, Sonata sedan, and Sante Fe sports vehicle. However, German auto major Volkswagen (VLKAY) continues to struggle in the U.S. and saw shrinking volumes of 30,831 vehicles, a fall of 8.4% against last year. Volkswagen�� Golf and Beetle performed poorly as sales saw a sharp drop of 31% and 28%, respectively.
- [By John Rosevear]
Hyundai (NASDAQOTH: HYMTF ) hasn't been much of a player in the green-car wars. It offers a hybrid version of its Sonata sedan, but it's just so-so -- not up to the standard set by class leaders Toyota (NYSE: TM ) and Ford (NYSE: F ) , say reviewers.
Top Oil Service Companies To Buy Right Now: URS Corporation(URS)
URS Corporation provides engineering, construction, and technical services to the power, infrastructure, federal, and industrial and commercial market sectors in the United States and internationally. Its services for power sector include planning, designing, engineering, constructing, retrofitting, and maintaining a range of power-generating facilities; and the systems that transmit and distribute electricity, as well as the development and installation of clean air technologies that reduce emissions at fossil fuel power plants. The company?s services for infrastructure sector comprise program management, planning, architect, engineering, general contracting, construction, and construction management for surface, air, and rail transportation networks; ports and harbors; and water supply, and treatment and conveyance systems. Its services for federal sector consist of program management; planning, design, and engineering; systems engineering and technical assistance to con struction and construction management; operations and maintenance; and decommissioning and closure primarily for the United States federal government and national governments of other countries. URS Corporation?s services for industrial and commercial sector include front-end studies, engineering and process design, procurement, construction and construction management, facility management, and operations and maintenance, as well as due diligence, permitting, compliance, environmental management, pollution control, health and safety, waste management, and hazardous waste remediation. The company was formerly known as Broadview Research Corporation and changed its name to URS Corporation in 1976. URS Corporation was founded in 1904 and is headquartered in San Francisco, California.
Advisors' Opinion:- [By Rich Smith]
On Monday, the Department of Defense awarded 19 contracts, which added�up to just under $1.5 billion in total value. The largest award went to a private company to pay for "full line food distribution" in Okinawa. But even so, there were a few contracts worth noting, going to publicly traded companies:
Top Oil Service Companies To Buy Right Now: Stewart Enterprises Inc.(STEI)
Stewart Enterprises, Inc., through its subsidiaries, provides funeral and cemetery products and services in the death care industry in the United States and Puerto Rico. The company also offers a range of funeral merchandise and services, as well as cemetery property, cremation, merchandise, and services. Its funeral homes provide various services and products, including the family consultation, removal and preparation of remains, usage of funeral home facilities for visitation, worship and funeral services, transportation services, flowers, and caskets. The company also sells cemetery property and related merchandise, which includes lots, lawn crypts, family and community mausoleums, monuments, markers, and burial vaults; and provides burial site openings and closings and inscriptions. In addition, it maintains cemetery grounds under cemetery perpetual care contracts and local laws. As of January 31, 2011, the company owned and operated 218 funeral homes and 141 cemeterie s. Stewart Enterprises, Inc. was founded in 1910 and is based in Jefferson, Louisiana.
Advisors' Opinion:- [By Chris Katje]
Service Corporation (SCI), the largest funeral home operator in the United States, made news last week with its large acquisition of Stewart Enterprises (STEI). The acquisition was well received by investors, as shares rose 8% on the day of the announcement. Together, the two companies will see huge cost savings advantages and a backlog that is currently undervalued.
- [By Brian Pacampara]
What: Shares of funeral-home operator Stewart Enterprises (NASDAQ: STEI ) soared 34% today, after larger rival Service Corp. International (NYSE: SCI ) agreed to acquire it in a deal worth about $1.4 billion.
Top Oil Service Companies To Buy Right Now: Triangle Capital Corporation (TCAP)
Triangle Capital Corporation is a private equity and venture capital firm specializing in leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market companies. The firm prefers to make investments in many business sectors including manufacturing, distribution, transportation, energy, communications, health services, restaurants, media, and others. It primarily invests in companies located throughout the United States, with an emphasis on the Southeast and Midatlantic. The firm typically invests between $5 million and $20 million per transaction, in companies having annual revenues between $10 million and $200 million and an EBITDA between $3 million and $20 million and can also co-invest. It primarily invests in senior subordinated debt securities secured by second lien security interests in portfolio company assets, coupled with equity interests. The firm also invests in senior debt securities secured by first lien security interests in portfolio companies. Triangle Capital Corporation was founded in 2002 and is based in Raleigh, North Carolina.
Advisors' Opinion:- [By Helix Investment Research]
Much has been made over Keating Capital's fee structure, and suggestions that company executives are using it as a "personal ATM" to funnel shareholder money to Keating Investments, Keating Capital's investment adviser (Keating Capital is an externally managed business development company). However, Keating's fees are not exorbitant, at least in comparison to the industry average. Per data sourced from Triangle Capital (TCAP), the average externally managed BDC has a management fee of 1.75%-2% of gross assets, and an incentive fee of 20%. Keating Capital's fee structure includes a 2% management fee, and a 20% incentive fee, in line with the industry average. The formula below represents Keating Capital's incentive fee:
Top Oil Service Companies To Buy Right Now: Thoratec Corporation(THOR)
Thoratec Corporation engages in the development, manufacture, and marketing of proprietary medical devices used for circulatory support. The company?s primary product lines include ventricular assist devices, such as HeartMate II, an implantable left ventricular assist device consisting of a rotary blood pump to provide intermediate and long-term mechanical circulatory support (MCS); and HeartMate XVE, an implantable and pulsatile left ventricular assist device for intermediate and longer-term MCS. Its ventricular assist devices also comprise Paracorporeal Ventricular Assist Device, an external pulsatile ventricular assist device, which provides left, right, and biventricular MCS approved for bridge-to-transplantation (BTT), including home discharge, and post-cardiotomy myocardial recovery; and Implantable Ventricular Assist Device, an implantable and pulsatile ventricular assist device designed to provide left, right, and biventricular MCS approved for BTT comprising hom e discharge, and post-cardiotomy myocardial recovery. The company also provides CentriMag, an extracorporeal full-flow acute surgical support platform that offers support up to 30 days for cardiac and respiratory failure. In addition, it offers PediMag and PediVAS extracorporeal full-flow acute surgical support platforms designed to provide acute surgical support to pediatric patients. The company sells its products through direct sales force in the United States, as well as through a network of distributors internationally. Thoratec Corporation was founded in 1976 and is headquartered in Pleasanton, California.
Advisors' Opinion:- [By Ali Berri]
In trading on Thursday, healthcare shares were relative laggards, down on the day by about 0.62 percent. Meanwhile, top decliners in the sector included Thoratec (NASDAQ: THOR), down 28.4 percent, and PhotoMedex (NASDAQ: PHMD), off 14.6 percent.
- [By Anna Prior]
Medical device company Thoratec Corp.(THOR) has purchased Apica Cardiovascular Ltd., in a deal that includes $35 million in cash upfront and potential milestone payments of up to $40 million.
- [By Garrett Cook]
In trading on Thursday, healthcare shares were relative laggards, down on the day by about 0.62 percent. Meanwhile, top decliners in the sector included Thoratec (NASDAQ: THOR), down 30 percent, and PhotoMedex (NASDAQ: PHMD), off 15.11 percent.
- [By Todd Campbell]
Competing for heart pump market share
Abiomed's products provide circulatory support for up to six hours and are designed for use in cardiac cath labs or during heart surgery, but competitors Thoratec (NASDAQ: THOR ) and Heartware (NASDAQ: HTWR ) target the intermediate- and long-term-use market instead.
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