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Hercules Offshore, Inc. (HERO) [hlAlert]

Neutral HERO

Hercules Offshore, Inc. (HERO) rated Neutral by CapitalOne southcoast

Posted on: Wednesday,  Jan 21, 2009  10:25 AM ET by CapitalOne southcoast

CapitalOne southcoast rated Neutral Hercules Offshore, Inc. (NASDAQ: HERO) on 01/21/2009. Previously CapitalOne southcoast
rated Add Hercules Offshore, Inc. (NASDAQ: HERO) on 06/13/2008., when the stock price was $34.10. Since then, Hercules Offshore, Inc. has lost 86.45% as of 01/21/2009's recent price of $4.62.

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.

Capital One Southcoast, Inc's research analysts provide comprehensive, ongoing research support. Our research analysts generate investment ideas for institutional clients across a broad range of industry sectors. Capital One Southcoast, Inc is a wholly-owned non-bank subsidiary of Capital One Financial Corporation. The securities sold, offered, or recommended by Capital One Southcoast, Inc are not insured by the FDIC, not bank guaranteed, and may lose value.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/24/2010 10:25 AM Hold
2.68 4.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/2/2010 3:25 PM Hold
4.59 7.00
1/21/2009 10:25 AM Hold
6/13/2008 9:25 AM None
3/24/2008 8:25 AM Hold

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