Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Initiation
Scotiabank expands U.S. Oilfield Services coverage with three initiations » 08:43
09/16/20
09/16
08:43
09/16/20
08:43
WHD

Cactus

$20.35 /

-0.02 (-0.10%)

, CHX

ChampionX

$9.11 /

+0.075 (+0.83%)

, TS

Tenaris

$10.71 /

-0.08 (-0.74%)

, CESDF

CES Energy Solutions

$0.00 /

+ (+0.00%)

Scotiabank analyst…

Scotiabank analyst Vaibhav Vaishnav last night initiated coverage of Cactus WHD) at Sector Perform, ChampionX (CHX) and Tenaris (TS) at Outperform, and resumed coverage of CES Energy Solutions (CESDF) at Outperform. ChampionX and CES have "relatively stable" businesses from exposure to production chemicals and strong free cash flow conversion, Vaishnav writes in a research note. Senior management at both Cactus and Tenaris have high ownership and aligned objectives with shareholders, which drive high margins and cash flow, adds the analyst. However, Cactus's "differentiated qualities" are already reflected in the current price, says Vaishnav.

ShowHide Related Items >><<
WHD Cactus
$20.35 /

-0.02 (-0.10%)

TS Tenaris
$10.71 /

-0.08 (-0.74%)

CHX ChampionX
$9.11 /

+0.075 (+0.83%)

WHD Cactus
$20.35 /

-0.02 (-0.10%)

09/15/20 Scotiabank
Cactus initiated with a Sector Perform at Scotiabank
08/25/20 Citi
Cactus price target raised to $25 from $21 at Citi
07/31/20 Stifel
Cactus upgraded to Buy at Stifel following 'excellent' Q2
07/31/20 Stifel
Cactus upgraded to Buy from Hold at Stifel
CHX ChampionX
$9.11 /

+0.075 (+0.83%)

09/15/20 Scotiabank
ChampionX initiated with an Outperform at Scotiabank
09/11/20
Fly Intel: Top five analyst initiations
09/11/20 Credit Suisse
ChampionX initiated with an Outperform at Credit Suisse
09/08/20 Evercore ISI
ChampionX upgraded to Outperform from In Line at Evercore ISI
TS Tenaris
$10.71 /

-0.08 (-0.74%)

09/15/20 Scotiabank
Tenaris initiated with an Outperform at Scotiabank
08/10/20 Barclays
Tenaris downgraded to Underweight from Equal Weight at Barclays
06/22/20 Goldman Sachs
Tenaris upgraded to Buy from Sell at Goldman Sachs
05/26/20 UBS
Tenaris price target lowered to EUR 13.50 from EUR 22 at UBS
CESDF CES Energy Solutions
$0.00 /

+ (+0.00%)

09/15/20 Scotiabank
CES Energy Solutions initiated with an Outperform at Scotiabank
08/17/20 TD Securities
CES Energy Solutions downgraded to Buy from Action List Buy at TD Securities
06/05/20 National Bank
National Bank backs Sector Perform on CES Energy after Ecolab split-off
05/15/20 TD Securities
CES Energy Solutions price target raised to C$4 from C$3.75 at TD Securities
WHD Cactus
$20.35 /

-0.02 (-0.10%)

TS Tenaris
$10.71 /

-0.08 (-0.74%)

CHX ChampionX
$9.11 /

+0.075 (+0.83%)

CHX ChampionX
$9.11 /

+0.075 (+0.83%)

Initiation
Tenaris initiated with an Outperform at Scotiabank » 16:09
09/15/20
09/15
16:09
09/15/20
16:09
TS

Tenaris

$10.73 /

-0.065 (-0.60%)

Scotiabank analyst…

Scotiabank analyst Vaibhav Vaishnav initiated coverage of Tenaris with an Outperform rating and $16 price target.

ShowHide Related Items >><<
TS Tenaris
$10.73 /

-0.065 (-0.60%)

TS Tenaris
$10.73 /

-0.065 (-0.60%)

08/10/20 Barclays
Tenaris downgraded to Underweight from Equal Weight at Barclays
06/22/20 Goldman Sachs
Tenaris upgraded to Buy from Sell at Goldman Sachs
05/26/20 UBS
Tenaris price target lowered to EUR 13.50 from EUR 22 at UBS
05/04/20 Barclays
Tenaris price target raised to $15 from $13 at Barclays
TS Tenaris
$10.73 /

-0.065 (-0.60%)

Over a month ago
Downgrade
Tenaris downgraded to Underweight from Equal Weight at Barclays » 06:13
08/10/20
08/10
06:13
08/10/20
06:13
TS

Tenaris

$12.09 /

-0.085 (-0.70%)

Barclays analyst J. David…

Barclays analyst J. David Anderson downgraded Tenaris to Underweight from Equal Weight with a price target of $10, down from $15. While Anderson continues to view Tenaris as well positioned in the recovery, the significant overhang of U.S. OCTG inventory could take 12 months to work down and its "going to get worse before it gets better," the analyst tells investors.

ShowHide Related Items >><<
TS Tenaris
$12.09 /

-0.085 (-0.70%)

TS Tenaris
$12.09 /

-0.085 (-0.70%)

06/22/20 Goldman Sachs
Tenaris upgraded to Buy from Sell at Goldman Sachs
05/26/20 UBS
Tenaris price target lowered to EUR 13.50 from EUR 22 at UBS
05/04/20 Barclays
Tenaris price target raised to $15 from $13 at Barclays
05/04/20 Jefferies
Tenaris downgraded to Hold from Buy at Jefferies
TS Tenaris
$12.09 /

-0.085 (-0.70%)

Earnings
Tenaris reports Q2 earnings per ADS (8c), consensus (5c) » 18:05
08/05/20
08/05
18:05
08/05/20
18:05
TS

Tenaris

$12.72 /

+0.47 (+3.84%)

Reports Q2 revenue…

Reports Q2 revenue $1.24B, consensus $1.16B.

ShowHide Related Items >><<
TS Tenaris
$12.72 /

+0.47 (+3.84%)

TS Tenaris
$12.72 /

+0.47 (+3.84%)

06/22/20 Goldman Sachs
Tenaris upgraded to Buy from Sell at Goldman Sachs
05/26/20 UBS
Tenaris price target lowered to EUR 13.50 from EUR 22 at UBS
05/04/20 Barclays
Tenaris price target raised to $15 from $13 at Barclays
05/04/20 Jefferies
Tenaris downgraded to Hold from Buy at Jefferies
TS Tenaris
$12.72 /

+0.47 (+3.84%)

Over a quarter ago
Upgrade
Tenaris upgraded to Buy from Sell at Goldman Sachs » 05:15
06/22/20
06/22
05:15
06/22/20
05:15
TS

Tenaris

$13.43 /

-0.34 (-2.47%)

Goldman Sachs analyst…

Goldman Sachs analyst Sahar Islam double upgraded Tenaris to Buy from Sell with a price target of $17, up from $11.90. The analyst believes the trough in the U.S. onshore rig count is nearing and expects the downturn to result in "better" shale, with lower but more sustainable growth. Tenaris and Hunting are Islam's most shale exposed names within the European coverage.

ShowHide Related Items >><<
TS Tenaris
$13.43 /

-0.34 (-2.47%)

TS Tenaris
$13.43 /

-0.34 (-2.47%)

05/26/20 UBS
Tenaris price target lowered to EUR 13.50 from EUR 22 at UBS
05/04/20 Barclays
Tenaris price target raised to $15 from $13 at Barclays
05/04/20 Jefferies
Tenaris downgraded to Hold from Buy at Jefferies
04/20/20 Kepler Cheuvreux
Tenaris downgraded to Hold from Buy at Kepler Cheuvreux
TS Tenaris
$13.43 /

-0.34 (-2.47%)

Recommendations
Tenaris price target lowered to EUR 13.50 from EUR 22 at UBS » 13:45
05/26/20
05/26
13:45
05/26/20
13:45
TS

Tenaris

$12.51 /

+0.23 (+1.87%)

UBS analyst Amy Wong…

UBS analyst Amy Wong lowered the firm's price target on Tenaris to EUR 13.50 from EUR 22 and keeps a Neutral rating on the shares.

ShowHide Related Items >><<
TS Tenaris
$12.51 /

+0.23 (+1.87%)

TS Tenaris
$12.51 /

+0.23 (+1.87%)

05/04/20 Barclays
Tenaris price target raised to $15 from $13 at Barclays
05/04/20 Jefferies
Tenaris downgraded to Hold from Buy at Jefferies
04/20/20 Kepler Cheuvreux
Tenaris downgraded to Hold from Buy at Kepler Cheuvreux
03/19/20 Barclays
Tenaris downgraded to Equal Weight from Overweight at Barclays
TS Tenaris
$12.51 /

+0.23 (+1.87%)

Recommendations
Tenaris price target raised to $15 from $13 at Barclays » 14:16
05/04/20
05/04
14:16
05/04/20
14:16
TS

Tenaris

$13.21 /

+0.035 (+0.27%)

Barclays analyst J. David…

Barclays analyst J. David Anderson raised the firm's price target on Tenaris to $15 from $13 and keeps an Equal Weight rating on the shares.

ShowHide Related Items >><<
TS Tenaris
$13.21 /

+0.035 (+0.27%)

05/04/20 Jefferies
Tenaris downgraded to Hold from Buy at Jefferies
04/20/20 Kepler Cheuvreux
Tenaris downgraded to Hold from Buy at Kepler Cheuvreux
03/19/20 Barclays
Tenaris downgraded to Equal Weight from Overweight at Barclays
03/16/20 Morgan Stanley
Tenaris upgraded to Overweight from Equal Weight at Morgan Stanley
Downgrade
Tenaris downgraded to Hold from Buy at Jefferies » 06:26
05/04/20
05/04
06:26
05/04/20
06:26
TS

Tenaris

$13.18 /

-0.455 (-3.34%)

Jefferies analyst Alan…

Jefferies analyst Alan Spence downgraded Tenaris to Hold from Buy with a price target of $14.72, down from $16.68, citing both the 57% rebound in the share price from its mid-March lows and the "bleak near-term outlook for a material demand pickup." Its acquisition of IPSCO in early January is a strategic move that should pay off in the long-term, but the timing was unfortunate in the near-term as it increases Tenaris' exposure to a weaker U.S. market, Spence added.

ShowHide Related Items >><<
TS Tenaris
$13.18 /

-0.455 (-3.34%)

04/20/20 Kepler Cheuvreux
Tenaris downgraded to Hold from Buy at Kepler Cheuvreux
03/19/20 Barclays
Tenaris downgraded to Equal Weight from Overweight at Barclays
03/16/20 Morgan Stanley
Tenaris upgraded to Overweight from Equal Weight at Morgan Stanley
03/13/20 Piper Sandler
Tenaris downgraded to Neutral from Overweight at Piper Sandler
Earnings
Tenaris reports Q1 EPS (56c), may not compare to consensus 21c » 16:53
04/29/20
04/29
16:53
04/29/20
16:53
TS

Tenaris

$13.87 /

+0.84 (+6.45%)

Reports Q revenue $1.76B,…

Reports Q revenue $1.76B, consensus $.1.79B. The rapid decline in economic activity and unprecedented collapse in global oil demand as a result of the measures taken to contain the spread of the COVID-19 pandemic around the world has resulted in an equally unprecedented collapse in oil prices, due to the imbalance between production, storage capacity and demand. At this moment, it is not possible to determine how long it will take for economic activity and oil and gas demand to recover and for supply and demand to rebalance. In this environment, investments in exploration and production of oil and gas are being severely curtailed and are not expected to recover in the short term.

ShowHide Related Items >><<
TS Tenaris
$13.87 /

+0.84 (+6.45%)

04/20/20 Kepler Cheuvreux
Tenaris downgraded to Hold from Buy at Kepler Cheuvreux
03/19/20 Barclays
Tenaris downgraded to Equal Weight from Overweight at Barclays
03/16/20 Morgan Stanley
Tenaris upgraded to Overweight from Equal Weight at Morgan Stanley
03/13/20 Piper Sandler
Tenaris downgraded to Neutral from Overweight at Piper Sandler
Downgrade
Tenaris downgraded to Hold from Buy at Kepler Cheuvreux » 05:31
04/20/20
04/20
05:31
04/20/20
05:31
TS

Tenaris

$12.73 /

+0.35 (+2.83%)

Kepler Cheuvreux analyst…

Kepler Cheuvreux analyst Kevin Roger downgraded Tenaris to Hold from Buy with a EUR 7 price target.

ShowHide Related Items >><<
TS Tenaris
$12.73 /

+0.35 (+2.83%)

03/19/20 Barclays
Tenaris downgraded to Equal Weight from Overweight at Barclays
03/16/20 Morgan Stanley
Tenaris upgraded to Overweight from Equal Weight at Morgan Stanley
03/13/20 Piper Sandler
Tenaris downgraded to Neutral from Overweight at Piper Sandler
03/09/20 Evercore ISI
Tenaris downgraded to In Line from Outperform at Evercore ISI

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.