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Technical Trade Alerts on Oil & Gas Equipment & Services Stocks: HAL, NOV, TTI, CAM, SII, WFT

Several oil & gas equipment and services companies fought the overall weak market with news of recent financial reports, a new manufacturing facility, proposed initial public offerings, earnings outlook and new credit agreement.

(EMAILWIRE.COM, November 20, 2008 ) DALLAS, Texas – Beacon Equity Research announces the release of Trade Alerts covering oil & gas equipment & services stocks: Halliburton Company (NYSE: HAL), National Oilwell Varco Inc. (NYSE: NOV), TETRA Technologies Inc. (NYSE: TTI), Cameron International Corp. (NYSE: CAM), Smith International Inc. (NYSE: SII) and Weatherford International Ltd. (NYSE: WFT).

In the Trade Alert, the author highlights Halliburton’s opening of its manufacturing and technology center in Singapore:

“Halliburton Company (HAL) shares closed yesterday at $17.66, up 0.80% from the previous close of $17.52. Halliburton provides various products and services to the energy industry for the exploration, development and production of oil and gas properties worldwide. … The company recently inaugurated its manufacturing and technology center in Singapore, which produces electronic sensors for logging-while-drilling tools. It is a regional repair and maintenance facility and is the company’s second Asia-Pacific expansion this year. Its area is 218,000 square feet, and will employ about 400 at peak capacity.”

The Trade Alert author also featured National Oilwell Varco’s announcement of its robust third-quarter results in the face of the credit crisis:

“National Oilwell Varco Inc. (NOV) shares closed yesterday at $17.66, up 0.80% from the previous close of $17.52. National Oilwell Varco engages in the design, construction, manufacture and sale of systems, components and products to the oil and gas industry worldwide. … Driven by continued robust demand for its drilling equipment, particularly for international offshore rigs, the company recently reported strong third-quarter 2008 results. Revenue for the quarter was up 9% sequentially and 40% year-over-year to $3.61 billion. Despite the credit crisis and a fall in commodity prices, new orders of $2.4 billion during the quarter brought the total backlog to a record $11.8 billion, highlighting a very high level of earnings visibility going forward.”


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Beacon Equity Research Disclosure

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT OR WEB SITE. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice.

The information contained in our report should be viewed as commercial advertisement and is not intended to be investment advice. The report is not provided to any particular individual with a view toward their individual circumstances. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

Our newsletter and Web site have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any of the companies profiled based solely on information contained in our report. Individuals should assume that all information contained in the report about profiled companies is not trustworthy unless verified by their own independent research.

Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment advisor or licensed stock broker before investing.

BeaconEquity.com is a Web site wholly owned by BlueWave Advisors, LLC. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. BlueWave Advisors LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice.

Information contained in our report will contain “forward looking statements” as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Subscribers are cautioned not to place undue reliance upon these forward looking statements. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company's most recent reports or registration statements filed with the SEC. You should consider these factors in evaluating the forward looking statements included in the report and not place undue reliance upon such statements.

We are committed to providing factual information on the companies that are profiled. However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company's plans or ability to effect any planned or proposed actions. We have no first-hand knowledge of any profiled company’s operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company and related sources which we believe to be reliable.

To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided in the report, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information).

We encourage you to invest carefully and read investment information available at the Web sites of the SEC at http://www.sec.gov and FINRA at http://www.finra.org

Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com

Contact Information:
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
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