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Hercules Offshore, Inc. (HERO) [hlAlert]

Rating:
Neutral HERO

Hercules Offshore, Inc. (HERO) rated Neutral by Simmons

Posted on: Wednesday,  Jan 29, 2014  10:25 AM ET by Simmons

Hercules Offshore, Inc.
(NASDAQ: HERO) rated Neutral by Simmons.

Hercules Offshore is uniquely qualified to meet operators' needs for exploration, workover and development drilling and liftboat services in shallow water depths in the Gulf of Mexico and international markets. It is dedicated to maintaining its fleets reliability and continually improving their performance. It conducts rigorous maintenance programs on all of the rigs and liftboats on a regular basis and invest in advanced equipment and safety upgrades. And it also offers a diversified fleet with a full range of vessel classes. To meet customers' needs, vessels operate in various water depths and provide a variety of crane capabilities based on vessel selection. And its fleet works for customers across the Gulf of Mexico, and they are also seeking opportunities in international areas with similar water depths and bottom conditions.

Simmons
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2014 10:25 AM Hold
None
5.02
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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