Schoeller Bleckmann : Balance sheet strengthened further at the end of Q1!
>Confirmation of its top pick status in the tube segment - We maintain our Buy rating with a target price of € 45, the group having already demonstrated its resilience in a challenging oil environment a few years ago. As we mentioned in our recent report “Houston, we have a problemâ€, SBO is our Top Pick and has a number of strengths to help it weather this cycle trough. A conference call is scheduled at 10.00am. Resilience on display in the quarter - ...Schoeller-Bleckmann Oilfield Equipment is engaged as a producer of high precision components and a supplier of oilfield equipment for the oilfield service industry. Co. focuses on non-magnetic drillstring components (non-magnetic drill collars) and downhole tools for drilling and completing directional and horizontal wells. The High Precision Components segment consists of the manufacturing of MWD (Measuring While Drilling) and LWD (Logging While Drilling) precision drillstring components. The Oilfield Equipment segment comprises production and distribution of non-magnetic drill collars, drilling motors and tools for downhole circulation applications, repair and maintenance services.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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