depressed oil prices persist, companies with attractive assets but highly leveraged balanced sheets (for example Halcon and Goodrich ) will be increasingly likely to be marketing themselves, and probably for lower premiums to their stock prices than they
The preferreds of many of the smaller oil patch companies have taken hits with the move down in oil. Do you see any compelling buys that warrant consideration ? I'm thinking of companies like Goodrich and Magnum Hunter.
in dividends. This payout of just over 70% of free cash flow is in line with what the company consistently did before the Goodrich acquisition. Save for another large-scale acquisition, we do not foresee a major deviation from this capital allocation
run operating margin projection of just under 15.5%. After a brief share-repurchase hiatus following the acquisition of Goodrich , United Technologies expects to repurchase $1 billion of shares in 2014, after having completed $335 million in the first
We expect margins to continue to improve in 2014 as the company delivers on Goodrich synergy targets and capitalizes on recent restructuring actions. With the Goodrich acquisition in the rearview mirror, we expect United Technologies to continue
first quarter as year-over-year organic revenue declined 2%, although benefits from restructuring and contributions from Goodrich helped adjusted earnings grow 16% versus the prior year. The quarter's weaker results place heavier emphasis on performance
(Reuters) - Shares of industrial conglomerate United Technologies Corp may be poised for double-digit increases over the next year to 18 months as its acquisition of Goodrich pays off and other...
It is "POSSIBLY" sychrocicity developing in Goodrich . Thenconsolidations in mid-small cap O&G themes slogs ..... keeps reflecting that as it channel trades $60 to $72. Goodrich has just hit a gusher (The Crosby 12-H project) with
Whitney as well as acquisition-related costs stemming from the Goodrich acquisition. As the company noted during the analyst call ..... materially in 2013 with the company delivering synergies from Goodrich as well as an improved construction environment breathing life
Sikorsky and continued progress in the climate, controls, and security segment. Given that this was the first quarter with Goodrich in UTC's consolidated results, margins were a bit suppressed and we anticipate the business being a drag to earnings for