Cooper Cameron Corporation News

The current earnings season for the energy sector has seen several oil service companies reduce earnings or revenue guidance for either 2011 or 2012, raising the issue of whether the energy cycle is sliding slowly into a downturn.

Cameron was downgraded by analysts at HSBC from an "overweight" rating to a "neutral" rating in a research report issued to clients and investors on Wednesday.

ProShares UltraShort DJ-UBS Natural Gas dropped 4.83% on Monday as natural gas futures traded higher.

Cameron 's stock had its "neutral" rating reiterated by Zacks Investment Research in a note issued to investors on Monday.

National Oilwell Varco Inc. A reported higher profit for the fourth quarter as revenue showed growth.A Net income for National Oilwell Varco Inc.

Cameron 's stock had its "overweight" rating reaffirmed by equities research analysts at Barclays Capital in a research note issued to investors on Friday.

BP North America is expected to spend about half a billion dollars over the next few years trying to change its name from "mud;" or perhaps, in this case, "tar balls." The company faced a public relations nightmare with the Deepwater Horizon catastrophe two years ago, which decimated the Gulf of Mexico and its coastal areas.

Oil drilling equipment maker Cameron International Corp. reported fourth quarter earnings per share of 77 cents, exceeding the 69 cents earned in the prior-year quarter and in line with the Zacks Consensus Estimate.

S&P 500 component Cameron International Corporation reported its results for the fourth quarter.

Analysts at RBC Capital increased their price target on shares of Cameron from $58.00 to $62.00 in a research report issued to clients and investors on Wednesday.

Shares of Cameron International are higher on the session by 0.70%, currently trading at $53.57. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average.

Cameron International Corp., facing thousands of claims from the 2010 Gulf of Mexico oil spill, sued one of its insurers for allegedly refusing to pay $50 million in coverage, a move the manufacturer says threatened a $250 million settlement with BP Plc.

Cameron International has traded sideways since summer. But following earnings next week the stock could be poised to move higher.

S&P 500 component Cameron International Corp will unveil its latest earnings on Thursday, February 2, 2012.

It provides oil and natural gas separation, metering and flow measurement equipment to various energy companies.

Posted in : Long Ideas , Sector ETFs , News , Earnings , Short Ideas , Broad U.S. Equity ETFs , Futures , Specialty ETFs , Commodities , New ETFs , Emerging Market ETFs , Currency ETFs , After-Hours Center , Markets , Trading Ideas , ETFs A flurry of late buying helped pare losses for U.S. equities on Friday, but the weekly results weren't too bad ... (more)

ProShares UltraShort DJ-UBS Natural Gas spiked 10.92% on Thursday as natural gas turned lower after the Energy Information Administration report showed that supply of natural gas is above the normal levels for this time of year.

Baker Hughes, Inc. will unveil its latest earnings on Tuesday, January 24, 2012.

Halliburton Company will unveil its latest earnings on Monday, January 23, 2012.A The average estimate of analysts is for net income of 99 cents per share, a rise of 45.6% from the company's actual earnings for the same quarter a year ago.