Tesco Corporation (TESO) - NASDAQ
  • Apr. 9, 2013, 11:47 AM

    GE's planned purchase of pump maker Lufkin (LUFK) at the industry’s most expensive price tag highlights demand for oilfield equipment that may spark takeover interest from large-cap oilfield servicers for Weatherford (WFT), Flotek (FTK) and Tesco (TESO), Bloomberg writes. Even after WFT surged yesterday on the Lufkin news, its $18B enterprise value still equals just 7.3x trailing 12-month EBITDA.

    | Apr. 9, 2013, 11:47 AM
Company Description
Tesco Corp. designs, manufactures and provides technology based solutions for the upstream energy industry. It also designs and manufactures drilling rigs, drilling machinery and related equipment. It operates through five segments: Top Drive, Tubular Services, Casing Drilling, Research and... More
Industry: Oil & Gas Equipment & Services
Country: United States