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Enter Symbol:
Key Energy Services, Inc. (KEG) [hlAlert]

down 93.66 %

Key Energy Services, Inc. (KEG) rated Outperform with price target $13 by Oppenheimer

Posted on: Wednesday,  Oct 6, 2010  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Key Energy Services, Inc. (NYSE: KEG) on 10/06/2010, when the stock price was $10.11. Since
then, Key Energy Services, Inc. has lost 93.67% as of 10/14/2015's recent price of $0.64.
If you would have followed this Oppenheimer's recommendation on KEG, you would have lost 93.66% of your investment in 1834 days.

Key Energy Services, Inc., together with its subsidiaries, operates as an onshore, rig-based well servicing contractor in the United States and internationally. It operates through three segments: Well Servicing, Pressure Pumping Services, and Fishing and Rental Services. The Well Servicing segment offers a range of well services, including rig-based services, oilfield transportation services, cased-hole electric wireline services, contract drilling services, and other ancillary oilfield services for the completion, stimulation, maintenance, and workover of oil and natural gas producing wells. The Pressure Pumping Services segment provides well stimulation services, such as fracturing, nitrogen services, and acidizing; and cementing services to the oil and natural gas producers. The Fishing and Rental Services segment offers fishing and rental services to independent oil and natural gas production companies, as well as provides services offshore. This segment's fishing services involve recovering lost or stuck equipment in the wellbore utilizing a ?fishing tool'. The Fishing and Rental Services segment provides a line of services and rental equipment designed for onshore and offshore for drilling and workover services. Its rental tools consist of tubulars, handling tools, pressure-controlled equipment, power swivels, and foam air units. The company was founded in 1977 and is based in Houston, Texas.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/6/2010 8:25 AM Buy
10.11 13.00
as of 12/31/2010
1 Week down  -3.14 %
1 Month up  22.52 %
3 Months up  24.82 %
1 YTD up  24.82 %

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