CALGARY, Canada, January 4 /PRNewswire/ -- Tristone Capital is pleased to announce the initiation of equity research coverage on Schlumberger (SLB), Halliburton (HAL), and Baker Hughes (BHI). Coverage will be led by Waqar Syed, Vice President & Director, Institutional Research, based in Tristone's Denver office. Mr. Syed began his 20 year career in the oil and gas industry as a wireline engineer with Schlumberger in the Middle East and has worked as an energy research analyst for 14 years. Mr. Syed was ranked as the No. 1 earnings forecaster in the energy sector by StarMine in 2007 and was the No. 4 overall earnings forecaster among all research analysts across all sectors.
Inclusion of these three oilfield service majors now brings Tristone's institutional research coverage to 160 companies, including 16 US listed and 11 Canadian listed energy service companies. Tristone Capital's research coverage spans 14 energy subsectors and includes companies with significant international operations in regions such as North American, Europe, the Middle East, Africa, Latin America and Southeast Asia.
Tristone Capital has made a substantial resource commitment to its global capital markets product with 25 research professionals and 22 institutional sales and trading professionals located in Canada, the US and the UK, providing institutional investor clients comprehensive global evaluation and execution capabilities.
Tristone Capital is a global energy advisory firm that provides fully integrated Investment Banking, Acquisitions & Divestitures, and Global Equity Capital Markets services. Founded in 2000, Tristone has over 150 technical and financial experts throughout offices in Canada, the US, the UK and Argentina. Tristone offers exclusively energy-focused expertise to exploration and production companies, oilfield service and midstream companies, government entities, royalty trusts, MLP's and institutional investors worldwide. Tristone Capital is a Member of the CIPF, SIPC, IDA and FINRA. Tristone Capital Limited is authorised and regulated by the Financial Services Authority.
For further information: Denver: Tristone Capital (USA) Inc., Waqar Syed, Vice President & Director, Institutional Research, +1-303-952-2753; Tyler Davis, Managing Director, Institutional Sales, +1-203-637-9397; Calgary: Tristone Capital Inc., Chris Theal, Managing Director, Institutional Research, +1-403-539-4349; David Street, Managing Director, Institutional Sales, +1-403-539-4362; London: Tristone Capital Limited, Peter Nicol, Managing Director, Institutional Research, +44-20-7355-5811; Charles Lesser, Managing Director, Institutional Sales, +44-20-7355-5827