Russian Oilfield Services
Leaner companies for meaner times; cutting targets
and financials on reduced activity and weaker ruble
Oil Services & Equipment
Nadia Kazakova, CFAAC
(7-495) 937-7329
nadia.kazakova@jpmorgan.comJ.P. Morgan Securities Ltd.
Andrey Gromadin, CFA
(7-495) 967-1037
andrey.gromadin@jpmorgan.comJ.P. Morgan Bank International LLC
Summary Ratings and Estimates
Company Price Rating Price Target PT End Date Metric Current FYE Next FYE
Eurasia Drilling Company Limited ($) 3.83 OW ($) 10.00 Dec-09 Adj. EPS ($) 1.78 ($) 0.84
prior ($) 30.00 Dec-08 ($) 1.83 ($) 2.78
Integra Group ($) 0.76 N ($) 1.90 Dec-09 Adj. EPS ($) (0.05) ($) (0.44)
prior ($) 0.11 ($) (0.27)
C.A.T. Oil AG (