Exterran Corp (EXTN) : Cannell Capital scooped up 239,984 additional shares in Exterran Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 956,951 shares of Exterran Corp which is valued at $13,091,090.Exterran Corp makes up approximately 5.00% of Cannell Capital’s portfolio.
Other Hedge Funds, Including , Marshall Wace Llp reduced its stake in EXTN by selling 84,411 shares or 68.08% in the most recent quarter. The Hedge Fund company now holds 39,568 shares of EXTN which is valued at $541,290.Teachers Advisors Inc boosted its stake in EXTN in the latest quarter, The investment management firm added 28,562 additional shares and now holds a total of 421,718 shares of Exterran Corp which is valued at $5,769,102. Exterran Corp makes up approx 0.01% of Teachers Advisors Inc’s portfolio. Tfs Capital added EXTN to its portfolio by purchasing 104,819 company shares during the most recent quarter which is valued at $1,433,924. Exterran Corp makes up approx 0.25% of Tfs Capital’s portfolio.
On the company’s financial health, Exterran Corp reported $-0.42 EPS for the quarter, missing the analyst consensus estimate by $ -0.51 based on the information available during the earnings call on Feb 25, 2016. Analyst had a consensus of $0.09. The company had revenue of $418.10 million for the quarter, compared to analysts expectations of $398.50 million. The company’s revenue was down -4.4 % compared to the same quarter last year.
Many Wall Street Analysts have commented on Exterran Corp. Shares were Downgraded by Scotia Howard Weil on Jun 22, 2016 to ” Sector Outperform” and Lowered the Price Target to $ 20 from a previous price target of $22 .
Exterran Corporation formerly Exterran SpinCo Inc. is engaged in compression production and processing products and services serving customers across the world involved in various aspects of the oil and natural gas industry. The Company’s segments include contract operations aftermarket services and product sales. The Company’s product lines include natural gas compression process and treating and production equipment and water treatment solutions. The Company provides its products and services to a customer base which includes companies engaged in various aspects of the oil and natural gas industry such as large integrated oil and natural gas companies national oil and natural gas companies independent oil and natural gas producers as well as oil and natural gas processors gatherers and pipeline operators. The Company conducts its operations in various locations throughout the United States Latin America and the Eastern Hemisphere.