Best Diversified Bank Stocks For 2015

Best Diversified Bank Stocks For 2015: Dril-Quip Inc. (DRQ)

Dril-Quip, Inc. designs, manufactures, sells, and services engineered offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. It operates in three segments: Western Hemisphere, Eastern Hemisphere, and Asia-Pacific. The company’s principal products consist of subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipe, drilling and production riser systems, liner hangers, wellhead connectors, and diverters. Its products are used for drilling and production of oil and gas wells on offshore platforms; tension leg platforms, which are floating production platforms connected to the ocean floor via vertical mooring tethers; Spars, a floating cylindrical structure; and floating production, storage, and offloading monohull moored vessels, as well as to explore for oil and gas from offshore drillin g rigs, such as floating rigs and jack-up rigs. The company also provides services, including technical advisory services, rework and reconditioning services, and rental of running tools for use in the installation and retrieval of its products. It primarily serves integrated, independent, and foreign national oil and gas companies, as well as offshore drilling contractors, and engineering and construction companies. Dril-Quip, Inc. was founded in 1981 and is headquartered in Houston, Texas.

Advisors' Opinion:

• [By Ben Levisohn]

  While Schlumberger has a free-cash-flow yield of about 3.5%, Cameron International’s (CAM) and Dril-Quip’s (DRQ) are just over 3% andFMC Technologies‘ (FTI) is just under 3%. Halliburton (HAL) has a free-cash-flow yield of just over 1%.

• [By Michael Fitzsimmons]

  General Electric's (GE) Oil & Gas division is on fire and growing much faster than the rest of the! company. Yet it is such a small part of the company, its valuation is being diluted by GE's other businesses. However, the company has a cash hoard and CEO Jeff Immelt has spoken frequently about his desire to grow the industrial base while reducing the size of GE Capital. As a result, the best way to invest in GE Oil's & Gas business may be to invest companies which GE is likely to takeover. Two likely candidates are the Dresser Rand Corp. (DRC) and Dril-Quip (DRQ).

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-diversified-bank-stocks-for-2015.html