The stock of Exterran Corp (NYSE:EXTN) is a huge mover today! The stock increased 4.81% or $0.72 during the last trading session, hitting $15.68. About 137,591 shares traded hands or 8.92% up from the average. Exterran Corp (NYSE:EXTN) has risen 13.25% since February 26, 2016 and is uptrending. It has outperformed by 2.82% the S&P500.
The move comes after 6 months positive chart setup for the $543.02 million company. It was reported on Oct, 1 by Barchart.com. We have $18.82 PT which if reached, will make NYSE:EXTN worth $108.60 million more.
Exterran Corp (NYSE:EXTN) Ratings Coverage
Out of 2 analysts covering Exterran Corporation (NYSE:EXTN), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Exterran Corporation has been the topic of 3 analyst reports since November 4, 2015 according to StockzIntelligence Inc. The rating was initiated by Howard Weil with “Sector Outperform” on Wednesday, November 4. The rating was upgraded by Howard Weil on Monday, December 14 to “Focus Stock”.
According to Zacks Investment Research, “Exterran Corporation is involved in compression, production and processing products and services of the oil and natural gas industry. The company’s product lines include natural gas compression, process & treating and production equipment and water treatment solutions. Exterran Corporation is headquartered in Houston, Texas.”
More notable recent Exterran Corp (NYSE:EXTN) news were published by: Quotes.Wsj.com which released: “Exterran Corp. EXTN (US: NYSE)” on December 17, 2014, also Prnewswire.com with their article: “Faruqi & Faruqi, LLP is Investigating Exterran Corporation (EXTN) on Behalf of …” published on April 26, 2016, Businesswire.com published: “Archrock, Inc. Completes Spin-Off of Exterran Corporation” on November 04, 2015. More interesting news about Exterran Corp (NYSE:EXTN) were released by: Streetinsider.com and their article: “Exterran Holdings (EXH) Announces Record, Distribution Dates of Exterran Corp …” published on July 13, 2015 as well as Bizjournals.com‘s news article titled: “Houston energy co. to close equipment manufacturing facility” with publication date: April 05, 2016.
EXTN Company Profile
Exterran Corporation, incorporated on March 2, 2015, is engaged in the provision of compression, production and processing services and products that support the production and transportation of oil and natural gas around the world. The Firm operates through three divisions: contract operations, aftermarket services and product sales. The contract activities segment provides natural gas compression services, production and processing equipment services, and maintenance services to meet specific customer requirements on assets owned by it. The aftermarket services segment provides a range of services to support the surface production, compression and processing needs of customers, from parts sales and normal maintenance services to full operation of a customer’s owned assets. The product sales segment provides design, engineering, manufacturing, installation and sale of natural gas compression units, and accessories and equipment used in the production, treating and processing of natural gas and crude oil, and engineering, procurement and manufacturing services related to the manufacture of process equipment for refinery and petrochemical facilities, the manufacture of tanks for tank farms and the manufacture of evaporators and brine heaters for desalination plants. The Firm provides its services and products to a customer base consisting of companies engaged in all aspects of the oil and natural gas industry, including integrated oil and natural gas companies, national oil and natural gas companies, independent oil and natural gas producers, and oil and natural gas processors, gatherers and pipeline operators.
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