Drexel Hamilton Initiates Research on Oilfield Services Companies

NEW YORK--()--Drexel Hamilton, an institutional broker-dealer, announced it has initiated coverage on a selection of oilfield services companies, including,

Baker Hughes Incorporated (NYSE-BHI)

Halliburton Company (NYSE-HAL)

Schlumberger Limited (NYSE-SLB)

Weatherford International Ltd. (NYSE-WFT)

“As in every sector, technological innovations are strongly impacting the oilfield services industry, and we are pleased to offer institutional investors the expertise to help them make informed, strategic investment decisions,” said Jim Cahill, president of Drexel Hamilton.

Benjamin Schuman, CFA, is a Senior Analyst at Drexel Hamilton covering oilfield services stocks. Previously Schuman worked at Pacific Crest Securities, where he spent over eight years covering alternative energy and networking equipment.

Barry Sine, CFA, CMT, Managing Director of Research at Drexel Hamilton said, “Developments in upstream oil and gas technologies from oilfield services companies have revolutionized the energy sector in recent years. We expect the pace of innovation to accelerate making this the right time to institute coverage of the industry.”

The firm’s Equity Research team regularly conducts interactive industry conferences for institutional investors. Over the next year, it will be hosting companies from its research coverage universe, as well as other companies. All conferences will offer one-on-one meeting opportunities with the management teams of the presenting companies.

Drexel Hamilton, a full-service institutional Broker-Dealer founded in 2007, partners military and service-disabled veterans with Wall Street veterans in the Institutional Financial Services industry. The firm is committed to maintaining a concentration of at least 40 percent military and service-disabled veteran employees.

About Drexel Hamilton, LLC

Drexel Hamilton, LLC is a certified Service-Disabled Veteran Owned and Managed Enterprise operating a full-service institutional broker-dealer. We partner finance industry veterans with service-disabled veterans to provide public and private institutions with industry leading Fixed Income Execution & Strategy, Equity Research & Execution, and Investment Banking Services. www.drexelhamilton.com

Contacts

For Drexel Hamilton:
Rubenstein Communications—Public Relations
Laura Hynes-Keller, W: 212-843-8095
Senior Vice President
E: lhynes@rubenstein.com

Release Summary

Drexel Hamilton initiates coverage on a selection of oilfield services companies, including, Baker Hughes Incorporated, Halliburton Company, Schlumberger Limited, Weatherford International Ltd.

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Contacts

For Drexel Hamilton:
Rubenstein Communications—Public Relations
Laura Hynes-Keller, W: 212-843-8095
Senior Vice President
E: lhynes@rubenstein.com