Operational and Rig Count Updates, Divestiture, Supplier Grants, Business Expansion and Share Repurchases - Research Report on

  Operational and Rig Count Updates, Divestiture, Supplier Grants, Business
Expansion and Share Repurchases - Research Report on Baker Hughes, Oil States,
                    FMC Technologies, Core Lab, and CARBO

PR Newswire

NEW YORK, September 13, 2013

NEW YORK, September 13, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Baker
Hughes Incorporated (NYSE: BHI), Oil States International, Inc. (NYSE: OIS),
FMC Technologies, Inc. (NYSE: FTI), Core Laboratories, N.V. (NYSE: CLB), and
CARBO Ceramics Inc. (NYSE: CRR). Today's readers may access these reports free
of charge - including full price targets, industry analysis and analyst
ratings - via the links below.

Baker Hughes Incorporated Research Report

On September 9, 2013, Baker Hughes Incorporated (Baker Hughes) announced that
the international rig count for August 2013 was 1,267, down compared to 1,305
counted in July 2013, and up from 1,261 counted in August 2012. Baker Hughes
stated that its August 2013 international offshore rig count was 309, compared
with 320 counted in July 2013, and 300 in August 2012. Average US rig count
for August 2013 was 1,781, compared with 1,766 in July 2013, and 1,894 in
August 2012. Average August 2013 Canadian rig count stood at 368, compared
with 291 in July 2013, and 316 in August 2012. The worldwide rig count of
Baker Hughes for August 2013 was 3,416, compared with 3,362 counted in July
2013, and 3,471 in August 2012. The Full Research Report on Baker Hughes
Incorporated - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/9fc3_BHI]

--

Oil States International, Inc. Research Report

On September 6, 2013, Oil States International, Inc. (Oil States) announced
that it has sold Sooner, Inc. (Sooner) and its subsidiaries to Marubeni-Itochu
Tubulars America, Inc. (Marubeni-Itochu) for $600 million in aggregate cash
consideration. According to the Company, Sooner includes the Company's Tubular
Services segment and it intends to use the net proceeds of the transaction for
repayment of outstanding debt and for general corporate purposes, including
share repurchases. Cindy B. Taylor, President and CEO of Oil States stated,
"We are pleased to complete this transaction, which allows us to invest
further in our accommodations, well site services and offshore products
segments while at the same time accelerating the return of capital to
shareholders. This transaction represents another step forward in executing
our strategy to drive enhanced shareholder value." Further, in connection with
the sale of Sooner, the Board of Directors of Oil States informed that it has
increased the authorized share repurchase program from $200 million to $500
million, to expire on September 1, 2014. The Full Research Report on Oil
States International, Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/8e63_OIS]

--

FMC Technologies, Inc. Research Report

On September 10, 2013, FMC Technologies, Inc. (FMC Technologies) announced
that it has entered in an agreement with Petrobras to supply subsea manifolds
for Petrobras' pre-salt fields, located offshore Brazil. The Company informed
that under the supply agreement the delivery of up to 16 subsea manifolds,
will bring in c.$650 million in revenue to FMC Technologies if all of the
subsea equipment included in the agreement is ordered. The Company reported
that the initial order from the agreement includes 11 manifolds, tools, and
controls. According to FMC Technologies, the equipment will be engineered and
manufactured in Brazil with delivery slated to commence in 2015. This is the
fourth award that FMC Technologies has received from Petrobras for its
pre-salt fields," said Tore Halvorsen, FMC Technologies' Senior Vice
President, Subsea Technologies. "We have made significant investments in our
Brazilian operations to meet Petrobras' needs and to provide greater local
content in relation to these projects." The Full Research Report on FMC
Technologies, Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/6b84_FTI]

--

Core Laboratories N.V. Research Report

On September 3, 2013, Core Laboratories N.V. (Core Lab) announced that it has
repurchased a total of 15,110 of its common shares from August 26, 2013
through September 3, 2013, at an average price of $150.25 per share. The
Company also informed that the repurchases were made as part of its existing
share repurchase program. The Full Research Report on Core Laboratories N.V. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/9b42_CLB]

--

CARBO Ceramics Inc. Research Report

On September 6, 2013, CARBO Ceramics Inc. (CARBO) announced that one of its
businesses, Falcon Technologies (Falcon), has expanded its role with spill
prevention and containment systems with new products as well as new markets.
Falcon announced that its business in the Rockies is now catering to
geographical areas apart from its initial base in Colorado and thus providing
services in Wyoming and North Dakota. Carbon also stated that in West Texas,
AggieTech Operating operates several salt-water disposal leases with a
commitment to protect the community and environment, and they are also
planning to install additional Falcon containment structures in their new
facilities. Further, Falcon also announced the successful launch of its latest
product, the Falcon Equipment Pad, a re-usable, mobile protection structure to
prevent small spills. The Full Research Report on CARBO Ceramics Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/358b_CRR]

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SOURCE Analysts' Corner

Contact: Joe Thomas; +1-310-496-8071 (North America)
 
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