Complete Production Services - Aggressive Growth

Complete Production Services (CPX) has some explosive growth potential, with earnings expected to triple over the next 2 years.

Shares are trading with attractive valuations and this Zacks #1 Rank (Strong Buy) has a good earnings track record.

Company Description

Complete Production is an oilfield service provider focusing on the completion and production phases for oil and gas wells.

Top Line Swells

The last quarterly report came back in April and showed a 605% increase in the top line, to $495 million. That jump was in the face of poor weather conditions in Texas, Oklahoma and North Dakota, which slowed activity.

Net income was at $38.9 million, up from a loss in the same period a year ago. Earnings broke down to $0.50 per share, with matched the Zacks Consensus Estimate. Complete Production had topped estimates in 5 of the past 6 quarters prior to meeting expectations.

Analysts are Optimistic

Complete Production Services Complete Production Services Common Stock (NYSE:CPX)
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