Investors Conferences, Promising Partnerships, Leadership Changes and Financial Results - Research Report on Tidewater, Dril

    Investors Conferences, Promising Partnerships, Leadership Changes and
Financial Results - Research Report on Tidewater, Dril-Quip, McDermott, Helix,
                                  and Forum

PR Newswire

NEW YORK, October 29, 2013

NEW YORK, October 29, 2013 /PRNewswire/ --

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

Today, Analysts' Corner announced new research reports highlighting Tidewater
Inc. (NYSE: TDW), Dril-Quip, Inc. (NYSE: DRQ), McDermott International Inc.
(NYSE: MDR), Helix Energy Solutions Group, Inc. (NYSE: HLX) and Forum Energy
Technologies, Inc. (NYSE: FET). Today's readers may access these reports free
of charge - including full price targets, industry analysis and analyst
ratings - via the links below.

Tidewater Inc. Research Report

On October 17, 2013, Tidewater Inc. (Tidewater) reported that it intends to
release its Q2 FY 2014 (period ended September 30, 2013) financial results on
November 4, 2013, after the market closing. The Company informed that it will
hold its quarterly earnings conference call on the following day, November 5,
2013 at 10:00 a.m. CT. The Company stated that the live webcast of the call
will be available at its website and the online replay can also be accessed
until December 5, 2013. The Full Research Report on Tidewater 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/aae8_TDW]

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Dril-Quip, Inc. Research Report

On October 22, 2013, Dril-Quip, Inc. (Dril-Quip) announced that it has entered
into a five year global frame agreement with BP International Limited for the
supply of subsea wellhead equipment and related services. According to the
Company, the contract lists the terms and conditions for worldwide call off
orders made by BP for Dril-Quip's Big Bore II-H series subsea wellhead
systems. Dril-Quip added that orders which were formerly made by BP during
2013 will also be governed by the terms of this contract. The Company informed
that additional orders will be included as part of Dril-Quip's backlog as
subsequent orders may be received under the agreement. The Company stated that
BP can also extend the contract for an additional five year period. The Full
Research Report on Dril-Quip, 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/12a3_DRQ]

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McDermott International Inc. Research Report

On October 17, 2013, McDermott International Inc. (McDermott) announced that
Stephen M. Johnson will retire from his positions as Chairman of the Board,
President and CEO and as Director of McDermott in December 2013.The Company
informed that David Dickson, who has been appointed as Executive Vice
President and Chief Operating Officer of the Company till December 2013, will
thereafter succeed Mr. Johnson as President and CEO of the Company. Johnson
commented, "I am confident that, with his depth of experience and breadth of
knowledge relating to conventional offshore marine construction projects and
subsea projects, David is the right person to lead the McDermott team in its
business strategy, which is focused on providing the full range of engineering
and construction services in key offshore oil and gas producing regions around
the world." The Full Research Report on McDermott 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/601e_MDR]

--

Helix Energy Solutions Group, Inc. Research Report

On October 21, 2013, Helix Energy Solutions Group, Inc. (Helix) reported Q3
2013 financial results. During the quarter, the Company's revenue stood at
$220.1 million representing an increase of 1.4% YoY and a decline of 5.2% QoQ.
Net income came in at $44.6 million, or $0.42 per diluted share, compared with
$14.9 million, or $0.14 per diluted share in Q3 2012, and $27.2 million, or
$0.26 per diluted share, in Q2 2013. Commenting on the results, Owen Kratz,
President and CEO of Helix said, "Third quarter results increased due to top
line growth and profitability in both the Well Intervention and Robotics
businesses. Well Intervention benefitted from the introduction of the Skandi
Constructor into well intervention mode in September where she has performed
well. Last month's announcement of the Q7000 newbuild is indicative of our
confidence in the growing market demand for well intervention services." The
Full Research Report on Helix Energy Solutions Group, 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/4eee_HLX]

--

Forum Energy Technologies, Inc. Research Report

On October 24, 2013, Forum Energy Technologies, Inc. (Forum) announced its Q3
2013 financial results. Revenue for the quarter stood at $390.2 million,
compared with $347.8 million in Q3 2012. Net income was reported at $33.2
million or $0.35 per diluted share, compared with $40.9 million or $0.44 per
diluted share in Q3 2012. Cris Gaut, Chairman and CEO of Forum, commented, "We
had record revenue of $390 million and improved sequential operating income
and margins. Our focus continues to be on adjusting our business for a flat
U.S. land rig count, executing the delivery of orders to international
markets, and integrating our recent acquisitions. Our Drilling & Subsea
segment achieved a significant improvement in operating margins compared to
the first half of this year due to the restructuring of the business during
the third quarter and to an increase in revenues. Orders continued at a very
strong pace for drilling capital equipment, especially for international
customers." Forum expects diluted EPS for Q4 2013 to be between $0.42 and
$0.46." The Full Research Report on Forum Energy 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/8bec_FET]

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