HOUSTON/ CARACAS, Nov 4- Venezuela is in the process of seizing oil equipment owned by Houston- based Superior Energy Services, a company spokesman said on Monday, after state-run PDVSA failed to pay debts owed to the U.S. company. In recent years, Venezuela has seized assets of contractors after they halted work to demand PDVSA pay past due bills.
*Middle East and Asia drive international demand. Oct 18- Steadily growing drilling activity in U.S. offshore waters and overseas gave a bigger-than-expected lift to quarterly profits at oil services companies Schlumberger Ltd and Baker Hughes Inc, marking a clear divide with struggling smaller U.S. competitors.
Major sector indices start the second quarter with a perfect inverse image of first quarter performance. Dow Transports and small-cap stocks lag.
In a domestic energy market developing faster than just about anyone can remember, the key is in finding an edge.
NEW YORK, Oct 3- Small- and mid-capitalization stocks were flat to slightly lower on Wednesday as shares of oil companies sank in line with a sharp fall in oil prices. Shares of Superior Energy Services were down 6 percent at $19.14.
U.S. stocks advanced on Wednesday after stronger-than-expected employment and service-sector data in the United States. But a gloomier outlook in China and Europe weighed on commodity prices and hit energy and materials shares. **SAREPTA THERAPEUTICS INC, $41.60, up 177 pct.
U.S. stocks rose on Wednesday after stronger-than-expected employment and service-sector data in the United States, but a gloomier outlook in China and Europe weighed on commodity prices and hit energy and materials shares. **SAREPTA THERAPEUTICS INC, $40.65, up 171 pct. **HEWLETT-PACKARD CO, $15.67, down 8.4 pct.
**SAREPTA THERAPEUTICS INC, $40.19, up 168 pct. **BIOLASE INC, $2.11, up 27 pct. The company said health regulators in Europe and the United States approved its laser device for use in soft tissue surgery, teeth whitening, and pain therapy.
Oct 3- Superior Energy Services Inc:. *Raymond James Cuts Superior Energy Services Inc price target to. Reuters Station users, click. 1568.
*Jefferies raises Atwood Oceanics Inc price target to $58 from $56;. *Jefferies cuts Basic Energy Services Inc price target to $10 from. *Jefferies cuts Precision Drilling Corp price target to $10 from $11;.
*Barclays cuts Nabors Industries price target to $16 from $17; rating. *Barclays cuts Patterson UTI Energy Inc price target to $22 from $24;. *Barclays cuts Superior Energy Services Inc price target to $32 from.
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Stocks surged in the final minutes of trading to close at session highs Monday, led by banks, amid optimism that France and Germany's pledge would help resolve the euro zone debt crisis and rescue the region's struggling financials.
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Offshore drillers are again under pressure on concerns that there may be a partial shutdown in drilling activity in the Gulf of Mexico: Hercules, Diamond Offshore, Noble and ENSCO are again weak today, as are smaller exploration and production firms with a primary presence there. But attention has moved this morning to those who might be involved in the cleanup.