FI:xnyse - Frank´s International N.V.

Overview of Business

We are a 76 year-old global provider of highly engineered tubular services to the oil and gas industry. We provide our services to leading exploration and production companies in both offshore and onshore environments, with a focus on complex and technically demanding wells.

We conduct our business through three operating segments:

� International Services. We currently provide our services in approximately 60 countries on six continents. Our customers in these international markets are primarily large exploration and production companies, including integrated oil and gas companies and national oil and gas companies.

� U.S. Services. We service customers in the deep water areas of the U.S. Gulf of Mexico. In addition, we have a significant presence in almost all of the active onshore oil and gas drilling regions in the U.S., including the Permian Basin, Bakken Shale, Barnett Shale, Eagle Ford Shale, Haynesville Shale, Marcellus Shale and Utica Shale.

� Tubular Sales. We design and manufacture certain products that we sell directly to external customers, including large outside diameter ("OD") pipe connectors and casing attachments. We also provide specialized fabrication and welding services in support of deep water projects in the U.S. Gulf of Mexico, including drilling and production risers, flowlines and pipeline end terminations, as well as long length tubulars (up to 300 feet in length) for use as caissons or pilings. In addition, we distribute large OD pipe manufactured by third parties that we have equipped with weld-on end connections. This segment also designs and manufactures proprietary equipment for use in our International and U.S. Services segments.

How We Generate Our Revenue

A significant majority of our services revenues are derived primarily from two sources:

� personnel rates for our specially trained employees who perform tubular services for our customers; and

� rental rates for the suite of products and equipment that our employees use to perform tubular services.

In addition, our customers typically reimburse us for transportation costs that we incur in connection with transporting our products and equipment from our staging areas to the customers' job sites.

In contrast, our Tubular Sales revenues are derived from sales of certain products, including large OD pipe connectors, casing attachments and large OD pipe manufactured by third parties, directly to external customers.

Análise fundamental:

A empresa irá apresentar resultados a dia 6 de Novembro.

Relativamente ao 10-Q podemos ver a seguinte informação:



PER para 2014 de 15,9
PER da indústria para 2014 de 75



O potencial de crescimento do revenue (volume de negócios) vai ao encontro do 4 trader.
Segundo o 4 trader temos os seguintes dados:




Análise Técnica:

Está num forte suporte que coincide com o 161,8 de fibonacci a tocar a media movel de 21 dias, mas num canal descendente.



Recomendação:

De compra. Potencial de 30 % segundo modelo economico financeiro. Tem um preenchimento no GAP nos 22,50 dolares.

Se transaccionar com os mesmos múltiplos da indústria esta subvalorizada.

Apresenta resultados a 6 de Novembro.

A empresa apresenta resultados depois do fecho do mercado, durante dia 6 de Novembro.

A recomendação do ZACKS é hold.

Consultar aqui para ver mapas financeiros.

Os principais tópicos serão sublinhados.


Frank’s International N.V. Announces Third Quarter 2014 Results

Total revenue increased 9% sequentially
International Services revenue grew 11% sequentially and 18% year-over-year
Total Company Adjusted EBITDA margin was 41%
Diluted earnings per share were $0.31

Business Wire
Frank’s International N.V. November 7, 2014 7:30 AM

HOUSTON--(BUSINESS WIRE)--

Frank’s International N.V. (FI) (the “Company”) today reported revenues of $296.2 million, and net income of $67.4 million for the three months ended September 30, 2014. Diluted earnings per share for the third quarter were $0.31, with weighted average shares outstanding of 207.9 million. Adjusted EBITDA for the quarter was $120.5 million or 40.7% of revenue.

D. Keith Mosing, Frank’s International’s Chairman, Chief Executive Officer and President, said, “Frank’s International delivered strong results in the third quarter with $296 million in revenue and over 40% Adjusted EBITDA margins. Each of our three segments reported increases in revenue both on a sequential quarter basis and year-over-year. Our continued growth is driven by our customers’ pursuit of oil and gas reserves with deeper, more complex wells.” Mr. Mosing continued, “We are maintaining our full year 2014 guidance including at least 10 percent revenue growth in the Gulf of Mexico and International Services segment and total Company Adjusted EBITDA margin between 37 and 39 percent.”

Third Quarter 2014 Results

Revenue was $296.2 million, up 8.5% compared to the second quarter of 2014, and up 9.7% compared to the third quarter of 2013
International Services revenue was $143.3 million, up 10.7% compared to the second quarter of 2014, and up 17.8% year-over-year
U.S. Services revenue was $112.1 million, up 6.2% compared to the second quarter of 2014, and up 3.7% year-over-year
Tubular Sales revenue was $40.7 million, up 7.4% compared to the second quarter of 2014, and up 1.0% year-over-year
Net income was $67.4 million with $47.3 million, or $0.31 per share, attributable to common shareholders
Diluted earnings per share were $0.31 with weighted average shares outstanding of 207.9 million
Adjusted EBITDA totaled $120.5 million with an Adjusted EBITDA margin of 40.7%
Effective tax rate for the third quarter of 2014 was 22.7%
Cash flow from operations for the first nine months of 2014 was $273.9 million, up 14.1% year-over-year

Adjusted EBITDA, Adjusted EBITDA margin and segment Adjusted EBITDA, which are financial measures not presented in accordance with U.S. generally accepted accounting principles (“GAAP”), are defined and reconciled to their most directly comparable GAAP financial measures below. Adjusted EBITDA, segment Adjusted EBITDA and the other segment data discussed below do not include income from discontinued operations. Please see “Use of Non-GAAP Financial Measures” and the reconciliations appearing under the heading “Non-GAAP Financial Measures”.

Segment Results

International Services

International Services revenue from external sales was $143.3 million in the third quarter of 2014, up 10.7% compared to the second quarter of 2014, and up 17.8% compared to the third quarter of 2013. Third quarter 2014 sequential revenue increases were driven by 10 percent plus growth in West Africa, Europe, Latin America and the Middle East. West Africa, Europe and the Middle East also had 10 percent plus year-over-year revenue growth. Growth was driven by increased offshore rig count and increased market share.

Segment Adjusted EBITDA for the third quarter of 2014 of $65.4 million was up 33.7% compared to the second quarter of 2014, and up 34.1% compared to the third quarter of 2013. Segment Adjusted EBITDA margin for the third quarter 2014 was 45.6% of external revenue. Adjusted EBITDA increased due to revenue growth in the third quarter related to higher margin opportunities in the Company’s offshore markets and less operating expense.

U.S. Services

U.S. Services revenue from external sales was $112.1 million in the third quarter of 2014, up 6.2% compared to the second quarter of 2014, and up 3.7% compared to the third quarter of 2013.

For the third quarter, onshore revenue within the U.S. Services segment of $46.5 million was up 18.1% compared to the second quarter of 2014 and down 0.6% year-over-year. The Company’s updated strategy and commitment to reinvesting in the U.S. land market has led to increased revenue and market share.

Offshore revenue within the U.S. Services segment for the third quarter was essentially flat with the second quarter of 2014 but increased 7.0% year-over-year to $65.7 million. Flat sequential revenue was due to ocean currents which caused extended rig downtime. This decline was offset by work on two new drillships that entered the region in the third quarter.

Segment Adjusted EBITDA of $45.8 million was up 1.8% compared to the second quarter of 2014 and down 3.0% compared to the third quarter of 2013. Segment Adjusted EBITDA margin was 40.8% of external revenue for the third quarter of 2014.

Tubular Sales

Tubular Sales revenue from external sales was $40.7 million in the third quarter of 2014, up 7.4% compared to the second quarter of 2014, and up 1.0% compared to the third quarter of 2013. Year-over-year and sequential increases in revenue were due to timing of deliveries related to customers’ projects. Total pipe and connector inventory decreased $6.9 million from June 30, 2014 to $190.2 million at September 30, 2014 as the Company works to reduce its total inventory.

Segment Adjusted EBITDA for the second quarter was $9.3 million, up slightly compared to the second quarter of 2014, and up 75.0% compared to the third quarter of 2013. Segment Adjusted EBITDA margin was 23.0% of external revenue for the third quarter of 2014.

Capital Expenditures and Balance Sheet

Capital expenditures were $124.2 million for the first nine months of 2014. The Company’s consolidated cash balance at September 30, 2014 was $468.4 million compared to $404.9 million at December 31, 2013. At September 30, 2014, there was $92.7 million of unused capacity under the Company’s $100.0 million credit facility, net of outstanding letters of credit.

Dividends

On November 5, 2014, the Board of Managing Directors of the Company (the “Management Board”), with the approval from the Board of Supervisory Directors of the Company (the “Supervisory Board”, and jointly with the Management Board, the “Boards”), declared that the Company will pay a cash dividend of $0.15 per share (subject to applicable Dutch dividend withholding tax) on December 15, 2014 to all common stockholders of record as of November 28, 2014 as part of its regular quarterly cash dividend program. Future declarations of dividends and their record and payment dates are subject to the final determination of the Boards.

2014 Outlook

The Company is maintaining its full year 2014 outlook. The Company currently expects:

International Services revenue to grow at least 10% year-over-year;
Revenue from the offshore portion of the U.S. Services segment revenue to grow at least 10%;
Revenue from the onshore portion of the U.S. Services segment to decline 10%;
Tubular Sales revenue to grow at least 4%;
Adjusted EBITDA margin to be between 37% and 39%;
The effective tax rate for 2014 is expected to be between 20% and 25%; and,
2014 capital expenditures is expected to be approximately $190 million.

Conference Call

The Company will host a conference call to discuss second quarter results on Friday, November 7, 2014 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Participants may join the conference call by dialing (888) 771-4371 or (847) 585-4405. The conference access code is 38260917. To listen via live web cast, please visit the Investor Relations section of the Company’s website, www.franksinternational.com.

An audio replay of the conference call will be available approximately two hours after the conclusion of the call and will remain available for seven days. It can be accessed by dialing (888) 843-7419 or (630) 652-3042. The conference call replay access code is 38260917. The replay will also be available in the Investor Relations section of the Company’s website approximately two hours after the conclusion of the call and remain available for approximately 90 days.

Forward Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically include statements, estimates and projections regarding the Company’s future business strategy and prospects for growth, cash flows and liquidity, financial strategy, budget, projections and operating results, the amount, nature and timing of capital expenditures, the availability and terms of capital, the level of activity in the oil and gas industry, volatility of oil and gas prices, unique risks associated with offshore operations, political, economic and regulatory uncertainties in international operations, the ability to develop new technologies and products, the ability to protect intellectual property rights, the ability to employ and retain skilled and qualified workers, the level of competition in the Company’s industry and other guidance. These statements are based on certain assumptions made by the Company based on management’s experience, expectations and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Forward-looking statements are not guarantees of performance. Although the Company believes the expectations reflected in its forward-looking statements are reasonable and are based on reasonable assumptions, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all) or will prove to have been correct. Moreover, such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. These include the factors discussed or referenced in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2013. Any forward-looking statement speaks only as of the date on which such statement is made, and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

About Frank’s International

Frank’s International N.V. is a global oil services company that provides a broad and comprehensive range of highly engineered tubular services to leading exploration and production companies in both offshore and onshore environments, with a focus on complex and technically demanding wells. Founded in 1938, Frank’s has over 4,000 employees and provides services in approximately 60 countries on six continents. The Company’s common stock is traded on the NYSE under the symbol “FI.” Additional information is available on the Company’s web site, www.franksinternational.com.

Use of Non-GAAP Financial Measures

This news release and the accompanying schedules include the non-GAAP financial measures of Adjusted EBITDA, segment Adjusted EBITDA and Adjusted EBITDA margin, which may be used periodically by management when discussing the Company’s financial results with investors and analysts. The accompanying schedules of this news release provide a reconciliation of these non-GAAP financial measures to their most directly comparable financial measure calculated and presented in accordance with GAAP. Adjusted EBITDA, segment Adjusted EBITDA and Adjusted EBITDA margin are presented because management believes these metrics provide additional information relative to the performance of the Company’s business. These metrics are commonly employed by financial analysts and investors to evaluate the operating and financial performance of the Company from period to period and to compare it with the performance of other publicly traded companies within the industry. You should not consider Adjusted EBITDA, segment Adjusted EBITDA and Adjusted EBITDA margin in isolation or as a substitute for analysis of the Company’s results as reported under GAAP. Because Adjusted EBITDA, segment Adjusted EBITDA and Adjusted EBITDA margin may be defined differently by other companies in the Company’s industry, the Company’s presentation of Adjusted EBITDA, segment Adjusted EBITDA and Adjusted EBITDA margin may not be comparable to similarly titled measures of other companies, thereby diminishing their utility.

The Company defines Adjusted EBITDA as income from continuing operations before net interest income or expense, depreciation and amortization, income tax benefit or expense, asset impairments, gain or loss on sale of assets, foreign currency gain or loss and other non-cash adjustments. The Company uses Adjusted EBITDA to assess its financial performance because it allows the Company to compare its operating performance on a consistent basis across periods by removing the effects of its capital structure (such as varying levels of interest expense), asset base (such as depreciation and amortization) and items outside the control of the Company’s management team (such as income tax rates). The Company defines Adjusted EBITDA margin as Adjusted EBITDA divided by total revenue.

Please see the accompanying financial tables for a reconciliation of these non-GAAP measures to their most directly comparable GAAP measures.

A empresa após apresentar resultado teve um aumento de cotação de 10% o que revela o que vinha a ser discutido em relação á empresa.
A análise mantêm-se.

A análise mantem-se. Com a forte apresentação de resultados a cotação está em forte subida, com potencial de fecho de GAP nos 22,5 dolares.


"Well managed" Frank's International upgraded at Credit Suisse
Nov 12 2014, 11:56 ET | About: Frank's International (FI) | By: Carl Surran, SA News Editor

Energy engineer Frank's International (FI +3.8%) is upgraded to Outperform from Neutral with a $27 price target, up from $22, at Credit Suisse.
FI is a well managed company at its core, the firm says, generating 40%-plus EBITDA margins, with no debt, positive EVA and a global duopoly.
Shares currently trade at 5.1x-6.6x 2016 EBITDA and should return to the 7x-9x range over the next year or so as reporting and operations get more efficient, Credit Suisse says.

A cotação não chegou a preencher o GAP, e teve uma inversão de tendência após forte subida, estando agora a corrigir dos fortes ganhos realizados nos últimos dias.

A empresa continua a corrigir e já quebrou um importante suporte. Estando num canal de tendência descendente a base do canal pode ser um indicador de potencial de correcção.
Vamos aguardar a análise futura e traçar uma extensão de fibonacci.

NOTICIA DO SEEKING ALPHA


Guggenheim throws in the towel on Seadrill, Transocean, Diamond Offshore
Dec 1 2014, 15:19 ET | About: Seadrill Limited (SDRL) | By: Carl Surran, SA News Editor [Contact this editor with comments or a news tip]

A bit late, Guggenheim analyst Darren Gacicia downgrades Seadrill (SDRL -5.5%), Transocean (RIG -4.5%) and Diamond Offshore (DO +3.3%) to Neutral from Buy, finally admitting that downward pressure on oil prices and a potential for capital markets to become shy to fund newbuild deliveries has undercut the tenets of his previous bull thesis.

SDRL and RIG remain the most levered to deteriorating offshore market conditions, he says, believing SDRL shares may also suffer from an ownership transition from income to value investors and RIG perhaps sharing the same fate, with a 2015 dividend cut likely amid the potential for further asset writedowns.

At DO, Gacicia sees risk of a dividend cut, rig retirements and deteriorating offshore market fundamentals as negative near-term catalysts; the firm also downgrades Seventy Seven Energy (SSE -16.2%), Cameron (CAM -2.8%), Frank's International (FI -0.1%) and FMC Tech (FTI -0.1%).

In the space, the analyst prefers drillers with high-quality assets, solid contract coverage and a lack of funding needs, such as Noble Corp. (NE -0.2%) - which also has a buyback catalyst - Atwood Oceanics (ATW -0.1%) and Pacific Drilling (PACD -3.7%).

A algum tempo que não faziamos um update á FI.
Apresenta resultados em 25 de Fev de 2015.



Depois de fazer o que parece um duplo fundo entre dez e jan , a FI parece estar a transaccionar perto a uma zona de resistencia de cp, que coincide com a mm50 dias que tem servido de resistencia de curto prazo.
Se a quebrar e formar uma linha de tendencia ascendente podera subir no futuro, tendo como price target o maximo relativo de 22 dolares atingido no pico de Novembro de 2014. Até lá terá que quebrar os 19 dolares com forte volume, o que dependerá também do preço do petróleo.

Frank's International N.V. provides various engineered tubular services for the oil and gas exploration and production companies in the United States and internationally. Its tubular services include the handling and installation of multiple joints of pipe to establish a cased wellbore; and the installation of smaller diameter pipe inside a cased wellbore to provide a conduit for produced oil and gas to reach the surface. It also designs, manufactures, sells, and rents outside diameter (OD) pipes; and provides fabrication and welding services in support of deep water projects consisting of drilling and production risers, flowlines and pipeline end terminations, and long length tubulars for use as caissons or pilings.; and distributes OD pipes manufactured by third parties. Frank's International N.V. was founded in 1938 and is headquartered in Amsterdam, the Netherlands.

http://seekingalpha.com/article/2878126-oil-stocks-may-be-a-big-win-in-2015