By IAEResearch : McDermott International (NYSE: MDR ) announced that it has won a second contract for PETRONAS Bukit Tua Development in East Java, Indonesia. The contract includes
By Hawkinvest : The price of oil has taken a hit in the past couple of weeks, but oil stocks (especially small cap) have been decimated in many cases with declines of 40% or more. Bespoke recently wrote an article for Seeking Alpha titled "Energy Sector Crashes." As some of us know, crashes are ...
firm Consol Energy CNX, oil- and gas-services and equipment companies Weatherford International WFT, McDermott International MDR , Boardwalk Pipeline Partners BWP, and others.
By Hawkinvest : There has been a nearly hysterical sell-off in many oil stocks over the past three weeks or so. In my opinion, this is way overdone and quite possibly has been exacerbated by potential market manipulation from hedge funds and high frequency traders. First of all, there are some good
That has led to buying opportunities in the oil sector, which is why I recently wrote this article on McDermott International (NYSE: MDR ). (McDermott is an oil services stock that is trading below book value at just $6 per share, and
both to private industry and the US Government. Originally founded in 1867, the company was spun out of McDermott International (NYSE: MDR ) in July 2010. The company provides boilers and services for traditional and nuclear power plants
By Hawkinvest : I recently wrote about McDermott International (NYSE: MDR ) as it has significant upside as management continues to make progress in restoring historical profitability. I also pointed
Turcan : The development of the Jack and St. Malo fields took a major step forward on September 15, as McDermott International (NYSE: MDR ) announced that it has completed construction of the project. Chevron (NYSE: CVX ) is the operator
McDermott (NYSE: MDR ) has announced its completion of Chevron's (NYSE: CVX ) Jack and St. Malo deepwater project, which is located in the Gulf
By Hawkinvest : McDermott International (NYSE: MDR ) provides engineering and construction services to the oil and gas industry. In the past couple of years, this company has been