Feb 27- Transocean Ltd, owner of the world's largest offshore drilling fleet, said it could take up to 18 to 24 months for demand to recover as customers delay drilling programs. Transocean, whose deepwater fleet is relatively older than that of its competitors, said about 19 of its deepwater and ultra deepwater rigs will be up for contracts in 2014..
MSCI indexes for Japan, Germany, France and Spain, for instance, trade at 14 times earnings, compared with 15 for the Standard& Poor's 500; Britain is cheaper, at 13 times earnings, and MSCI's broad-based index of emerging markets is cheaper still, with a price-earnings ratio of 11..
KUALA LUMPUR, Nov 1- Malaysia's UMW Oil& Gas Corp climbed as much as 11 percent in its market debut, as investors bank on the company's close ties with state oil firm Petroliam Nasional Bhd to provide it with a steady stream of revenue for years to come.
SAN FRANCISCO/ KHOBAR, Saudi Arabia, Oct 27- G lobal energy service giants are banking on a boom in Saudi oil and gas drilling over the next few years to revive profits that are being squeezed by overcapacity in the North American market.
Oct 24- Diamond Offshore Drilling Inc posted a higher-than-expected quarterly profit, but delays in getting rigs out of the shipyard weighed on its prospects for 2014, and its stock fell 3 percent.
Oct 24- Diamond Offshore Drilling Inc posted a quarterly profit that beat analysts' estimates due to higher utilization of rigs used in shallow and ultra-deepwater drilling. Bigger rivals Noble Corp and Ensco Plc both reported higher-than-expected quarterly profits as rates paid for their rigs improved.
Oct 4- Marathon Oil Corp said it is evacuating all personnel from its operated Ewing Bank platform in the Gulf of Mexico and has shut in production, according to its latest website update on Tropical Storm Karen on Friday. The net impact to Marathon Oil of all Gulf of Mexico production shut-in is approximately 18,000 boepd, the update said.
In a note to clients, Goldman Sachs strategist David J. Kostin on Wednesday identified what he thinks are the top 40 most undervalued stocks.
The "Fast Money" traders share their final trades of the day.
Following are 5 themes and related stock ideas that Jim Cramer likes right here and right now.
Even after a week with all-time stock highs, the market still holds opportunity, TheStreet CIO Stephanie Link says.
Investors waiting for a dip risk missing out, Simon Baker of Baker Avenue Asset Management says.
Coinstar and Ensco are making money hand over fist, giving investors a good reason to invest. TheStreet.com reports.
Stocks were cheap despite slow earnings growth and could see strong gains, Delphi's Scott Black says.
*Global hunter raises Baker Hughes Inc price target to $49 from $42. *Global hunter raises Ensco PLC price target to $69 from $67. *Global hunter cuts Flotek Industries Inc price target to $16 from $18.
At least 20 multinationals are drawing up plans to move their regional or global headquarters to Britain over the next year after government efforts to increase the competitiveness of the UK’s business tax regime.
*Raymond James Raises Ensco Plc target price to $67 from $59. *Raymond James Raises Noble Corp target price to $45 from $43. Reuters Station users, click. 1568.
*JP Morgan cuts Rowan Companies PLC to underweight from neutral. *JP Morgan raises Rowan Companies PLC price target to $39 from $38. *JP Morgan cuts Schlumberger price target to $83 from $84; rating overweight.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Don’t get so distracted by Greece, that you miss what’s happening in nat gas.