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Fuelling Growth - Research Report on Schlumberger Limited, Halliburton Company, National Oilwell Varco, Inc., Noble Corp. and Ensco plc

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Thu Feb 28, 2013 8:01am EST

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NEW YORK,  February 28, 2013  /PRNewswire/ --

Today, Investors Alliance announced new research reports highlighting
Schlumberger Limited (NYSE:SLB), Halliburton Company (NYSE:HAL), National
Oilwell Varco, Inc. (NYSE:NOV), Noble Corp. (NYSE:NE) and Ensco plc (NYSE:ESV).
Today's readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.

Schlumberger Limited Research Report

Schlumberger was upgraded by JPMorgan analysts to "overweight," raising the
stock's price target from  $93  to  $99. This comes after posting growth in Q4
2012 revenue driven by growth in key markets as well as typical year-end
product, software and multiclient sales. The performance in international
markets managed to counter the seasonal slowdowns, contract delays, and costs
from mobilizations and new projects, which impacted the year over year decrease
in net income for the quarter. Significant growth was posted in  Latin America 
and  Asia, particularly in revenue and operating margins, countering the 1
percent decline in  Europe, CIS, and  Africa  due to slowdowns in the North Sea
and  Russia  as well as contract delays in  North Africa.  North America 
meanwhile posted increases in revenue and margins thanks to deep-water drilling
operations in the  Gulf of Mexico. In other news, Schlumberger will be releasing
its Q1 2013 results on  April 19, 2013  while a 13.6 percent higher quarterly
dividend of  31 cents  per share will be paid out on  April 12.  The Full
Research Report on Schlumberger Limited - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/07a1_SLB]

--

Halliburton Company Research Report

Halliburton grabbed headlines after a legal counsel for British Petroleum (BP)
blamed the company, BP's cement contractor, for its negligence leading to the
disastrous 2010 oil spill in the  Gulf of Mexico. In the trial against BP, which
started this week, the oil giant claimed that Halliburton used a "bad slurry"
that failed to prevent oil and gas from traveling up the well. Halliburton
lawyers meanwhile defended that the blame should be put on BP and rig owner
Transocean Ltd. instead for failing to "shut in" the well, and accusing the two
companies of merely "passing the buck and blame" to Halliburton. In other news,
the company joined several other oilfield services and driller companies to
announce an increase in its quarterly dividend, with a 39 percent increase for
Q1 2013 at  12.5 cents  per share payable on  March 27, 2013. The Full Research
Report on Halliburton Company - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/466f_HAL]

--

National Oilwell Varco, Inc. Research Report

National Oilwell Varco just completed its acquisition of  Texas-based pumping
equipment company Robbins & Myers last week for  $2.5 billion  in cash, where
shareholders of the latter will be receiving  $60  cash per common share. The
acquisition, National Oilwell Varco's biggest one more than four years, will
allow the company to expand its services and products, now also serving
industrial markets aside from the oil and gas industry. It will also help the
company bolster its position as a supplier of blowout preventers, a critical
safety machine that can shut a well off in case of an emergency. The news was
instrumental in National Oilwell Varco's 2 percent increase in stock price to 
$68.10  this week. The Street rates the company as a "buy," citing performance
in revenue growth, debt, earnings per share growth, net income, and valuation
levels.  The Full Research Report on National Oilwell Varco, Inc. - including
full detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/72e4_NOV]

--

Noble Corp. Research Report

Noble has been a bright spot in the offshore drilling industry, according to
analysts, thanks to its improvement in the execution of its ambitious new rig
construction program by decreasing drilling downtime. With that, they see that
earnings estimates would now be more achievable even after having some
operational hiccups. Analysts also see the company's stock trading at a discount
as a result of the previous missteps, but expects much upside. In other news,
The Street rated Noble as a "buy" citing growth in revenue, net income, cash
flow from operations, profit margins, as well as good debt management. The
company expects further increases in its financials as customer demand increases
in regions they are operating due to increased exploration and production
spending beyond 2013. The Full Research Report on Noble Corp. - including full
detailed breakdown, analyst ratings and price targets - is available to download
free of charge at:
[http://www.investors-alliance.com/r/full_research_report/336c_NE]

--

Ensco plc Research Report

Ensco reported strong and better than expected Q4 2012 results due to increased
utilization, rising customer demand, and new rigs joining the fleet. Adjusted
profit was  $1.37  a share, up 34.3 percent from  $1.02  earned in the
year-earlier quarter, while revenue surged 11.5% to  $1,085.5 million  from last
year's revenue of  $973.2 million. In comparison, analysts expected  $1.28  in
earnings per share and  $1.09 billion  in revenue. The company saw robust demand
in the deep-water efforts in the  Gulf of Mexico, while it is looking at
expansion opportunities in  Indonesia,  Malaysia, and  Australia  this year.
Meanwhile, the company's stock has been rated "overweight" by Barclays Capital,
though the price target has been cut to  $75  from  $79. The Full Research
Report on Ensco plc - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/78d1_ESV]

--

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SOURCE  Investors-Alliance

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