Exterran Corp (EXTN) Downgraded by Zacks Investment Research
Exterran Corp (NYSE:EXTN) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Monday.
According to Zacks, “Exterran Corporation is involved in compression, production and processing products and services of the oil and natural gas industry. The company’s product lines include natural gas compression, process & treating and production equipment and water treatment solutions. Exterran Corporation is headquartered in Houston, Texas. “
Separately, Howard Weil lowered Exterran Corp from an “outperform” rating to a “sector perform” rating in a report on Thursday, December 15th.
This article was originally published by and is the sole property of American Banking News. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of U.S. and International copyright law. The original version of this story can be read at https://www.americanbankingnews.com/2017/03/20/exterran-corp-extn-downgraded-by-zacks-investment-research.html
Shares of Exterran Corp (NYSE:EXTN) traded down 2.48% during trading on Monday, hitting $27.53. The stock had a trading volume of 244,621 shares. Exterran Corp has a 12-month low of $10.83 and a 12-month high of $34.05. The stock’s market cap is $979.57 million. The stock’s 50-day moving average is $30.45 and its 200-day moving average is $22.37.
Your IP Address:
A number of institutional investors have recently bought and sold shares of EXTN. Municipal Employees Retirement System of Michigan raised its position in Exterran Corp by 2.2% in the third quarter. Municipal Employees Retirement System of Michigan now owns 7,800 shares of the company’s stock valued at $122,000 after buying an additional 170 shares during the period. Anchor Capital Advisors LLC raised its position in Exterran Corp by 2.2% in the third quarter. Anchor Capital Advisors LLC now owns 27,476 shares of the company’s stock valued at $431,000 after buying an additional 591 shares during the period. Thrivent Financial for Lutherans raised its position in shares of Exterran Corp by 6.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 16,875 shares of the company’s stock valued at $403,000 after buying an additional 950 shares during the last quarter. New York State Teachers Retirement System raised its position in shares of Exterran Corp by 1.6% in the fourth quarter. New York State Teachers Retirement System now owns 69,651 shares of the company’s stock valued at $1,665,000 after buying an additional 1,100 shares during the last quarter. Finally, Tudor Investment Corp Et Al raised its position in shares of Exterran Corp by 10.3% in the fourth quarter. Tudor Investment Corp Et Al now owns 13,253 shares of the company’s stock valued at $317,000 after buying an additional 1,238 shares during the last quarter. 81.35% of the stock is currently owned by hedge funds and other institutional investors.
Exterran Corp Company Profile
Exterran Corporation is engaged in the provision of compression, production and processing products and services that support the production and transportation of oil and natural gas around the world. The Company operates through three segments: contract operations, aftermarket services and product sales.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Exterran Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exterran Corp and related companies with MarketBeat.com's FREE daily email newsletter.