![]() |
![]() | ![]() |
| We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level. |
Offshore Logistics, Inc., through its Air Logistics division and with its investment in Bristow Aviation Holdings Limited, is a major supplier of helicopter transportation services to the worldwide offshore oil and gas industry. On 11/14/97 Salomon Ups Offshore Logistics To Buy From Hold NEW YORK -- Salomon Brothers Inc. analyst Geoff Kieburtz raised his rating on Offshore Logistics Inc. (OLOG) to buy from hold. Kieburtz said the company had an upbeat conference call earlier this week, in which it said its rates for helicopter transport to and from offshore drilling sites are going up, with a 10% price hike effective Nov. 1 and two more increases likely in 1998. The analyst said he raised his earnings estimate for the fiscal year ending March 1999 to $2.00 a share from $1.75. Kieburtz set a 12-month price target on the stock of 30 to 32. Recently, the shares were trading at 21 3/8, up 1. | ||||||||||||||
|
| Home | Hot | SubjectMarks | PeopleMarks | Keepers | Settings |
| Terms Of Use | Contact Us | Copyright/IP Policy | Privacy Policy | About Us | FAQ | Advertise on SI |
| © 2025 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News |