LUFK - Sector: Basic Materials --- Industry: Oil & Gas Equipment & Services

[setravis]

Target $53 (1 analyst), stop $35.15. MACD bottomed,histogram going positive. Strong results for the quarter.Great value play here. PEG is lower than other comp. companies. Stochastic bottomed. Let's see what this puppy has to offer.
Support @ $36.97...35.44...33.00
Resistance @ $39.03...41.56...43.86
Stochastic is bullish

Technicals
Percentage Gainer
Price Gainer

Last Price Quote is:
-0.40%below 13-day EMA
-7.56%below 50-day EMA
RS Rating: 37 

Fundamentals
Earnings Expected on Oct 19

Key Data:
Market Cap (M): $554.53 
P/E Ratio: 20.29 
PEG Ratio: 0.402857 
Next Earnings: 10/19/2005
Last Analyst Rating: Strong Buy

[setravis]

Profile Get Profile for: 
 
Lufkin Industries Inc.
601 South Raguet
Lufkin, TX 75904
Phone: 936-634-2211
Fax: 936-637-5719
Web Site: http://www.lufkin.com

DETAILS   
Index Membership: N/A
Sector: Basic Materials
Industry: Oil & Gas Equipment & Services
Full Time Employees: 2,300


BUSINESS SUMMARY   
Lufkin Industries, Inc. and its subsidiaries engage in the design, manufacture, sale, and service of oil field pumping units, power transmission products, and highway trailers worldwide. Its oil field products include artificial reciprocating rod lift equipment and related products, which are used to extract crude oil and other fluids from wells. The power transmission products consist of high-speed and low-speed speed increasing and reducing gearboxes for industrial applications. The company's highway trailers comprise van, float, and dump trailers for the freight-hauling market. Lufkin Industries primarily sells its products to oil and gas companies and various industries, as well as to small and medium size fleet freight-hauling companies. It operates in the United States, Europe, Canada, and Latin America. The company was founded in 1902 and is based in Lufkin, Texas.


CORPORATE GOVERNANCE   
Lufkin Industries Inc.'s Corporate Governance Quotient (CGQ®) as of 3-Oct-05 is better than 58.1% of Russell 3000 companies and 55.3% of Energy companies.

Brought to you by Institutional Shareholder Services.

[setravis]

Press Release Source: Lufkin Industries, Inc.


Lufkin Industries Announces Third Quarter Conference Call Information


LUFKIN, Texas, Oct. 6 /PRNewswire-FirstCall/ -- Lufkin Industries, Inc. (Nasdaq: LUFK - News) today announced that it plans to release its 2005 third quarter financial results before opening of trading on Wednesday, October 19, 2005. The same morning at 9:00 a.m. (central time), the Company will hold a conference call to discuss its 2005 third quarter results. To listen to the call, participants should dial (913) 981-5559 approximately 10 minutes prior to the start of the call. A telephonic replay will be available from 11:00 a.m. (central time) October 19, 2005, through 7:00 p.m. (central time) October 26, 2005, by dialing (719) 457-0820 and entering reservation number 9544109.

Lufkin Industries, Inc. sells and services power transmission products, oil field pumping units, foundry castings and highway trailers throughout the world. The Company has vertically integrated all vital technologies required to design, manufacture and market its products.

[setravis]

Press Release Source: Standard & Poor's


Standard & Poor's Announces Changes to U.S. Indices
Tuesday December 6, 6:02 pm ET


NEW YORK, Dec. 6 - Standard & Poor's will make the following changes to the S&P 500, S&P MidCap 400, SmallCap 600 and S&P REIT Composite indices:

    -- E.W. Scripps Co. (NYSE: SSP - News) will replace Georgia-Pacific Corp.
       (NYSE: GP - News) in the S&P 500 after the close of trading on Thursday,
       December 15.  Georgia-Pacific is being acquired by privately-held Koch
       Industries Inc. in a tender offer expected to close on or about that
       date.

    -- Navigant Consulting Inc. (NYSE: NCI - News) will replace York International
       Corp. (NYSE: YRK - News) in the S&P MidCap 400 after the close of trading on
       Friday, December 9.  York is being acquired by S&P 500 constituent
       Johnson Controls Inc. (NYSE: JCI - News) in a deal expected to close on or
       about that date, pending final approvals.

    -- S&P REIT Composite constituent Town and Country Trust (NYSE: TCT - News) will
       replace Goody's Family Clothing Inc. (Nasdaq: GDYS - News), and Novatel
       Wireless Inc. (Nasdaq: NVTL - News) will replace Zix Corp. (Nasdaq: ZIXI - News), in
       the S&P SmallCap 600 after the close of trading on Monday, December 12.
       Goody's is being acquired by privately-held Prentiss Capital Management
       in a deal expected to close on or about that date.  After today's close
       of trading Zix's market capitalization was approximately $51 million,
       ranking 600th in the index.

    -- Lufkin Industries Inc. (Nasdaq: LUFK - News) will replace Spinnaker
       Exploration Co. (NYSE: SKE - News) in the S&P SmallCap 600 after the close of
       trading on Tuesday, December 13.  Spinnaker is being acquired by S&P
       Global 1200 constituent Norsk Hydro ASA in a deal expected to close on
       or about that date.

    -- Fidelity Bankshares Inc. (Nasdaq: FFFL - News) will replace Capital Automotive
       REIT in the S&P SmallCap 600, and Cedar Shopping Centers Inc.
       (NYSE: CDR - News) will replace Capital Automotive in the S&P REIT Composite,
       after the close of trading on Thursday, December 15.  Capital
       Automotive is being acquired by a group of investors advised by DRA
       Advisors LLC in a deal expected to close on or about that date.

Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com.

E.W. Scripps is a diversified media concern operating in the publishing, broadcasting and entertainment industries. Headquartered in Cincinnati, OH, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Broadcasting & Cable TV Sub-Industry Index.

Navigant is a specialized consulting firm providing litigation, financial services, healthcare, energy and operational consulting services. Headquartered in Chicago, IL, the company will be added to the S&P MidCap 400 GICS Diversified Commercial & Professional Services Sub-Industry Index.

Town and Country Trust owns and manages apartment communities. Headquartered in Baltimore, MD, the company will be added to the S&P SmallCap 600 GICS Real Estate Investment Trusts Sub-Industry Index.

Novatel Wireless provides wireless broadband access solutions for the worldwide mobile communications market. Headquartered in San Diego, CA, the company will be added to the S&P SmallCap 600 GICS Computer Storage & Peripherals Sub-Industry Index.

Lufkin manufactures and sells power transmission products, oil field pumping units, foundry castings and highway trailers worldwide. Headquartered in Lufkin, TX, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Equipment & Services Sub-Industry Index.

Fidelity Bankshares operates a network of about 47 offices in Palm Beach, Martin and St. Lucie counties. Headquartered in West Palm Beach, FL, the company will be added to the S&P SmallCap 600 GICS Thrifts & Mortgage Finance Sub-Industry Index.

Headquartered in Port Washington, NY, Cedar Shopping Centers owns, operates and redevelops community and neighborhood shopping centers.


    Following is a summary of the changes:


                        S&P 500 INDEX - December 15, 2005
                  COMPANY       GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY

      ADDED    E.W. Scripps           Consumer          Broadcasting & Cable
                                    Discretionary                TV
     DELETED  Georgia-Pacific         Materials            Paper Products


                     S&P MIDCAP 400 INDEX - December 9, 2005
                  COMPANY       GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY

      ADDED      Navigant            Industrials            Diversified
                Consulting                                  Commercial &
                                                            Professional
                                                              Services
     DELETED       York              Industrials         Building Products
               International


                    S&P SMALLCAP 600 INDEX - December 12, 2005
                  COMPANY       GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY

      ADDED      Town and            Financials             Real Estate
               Country Trust                             Investment Trusts
                  Novatel            Information         Computer Storage &
                 Wireless            Technology             Peripherals
     DELETED      Goody's             Consumer             Apparel Retail
                                    Discretionary
                    Zix              Information        Internet Software &
                                     Technology               Services


                    S&P SMALLCAP 600 INDEX - December 13, 2005
                  COMPANY       GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY

      ADDED       Lufkin               Energy           Oil & Gas Equipment
                Industries                                   & Services
     DELETED     Spinnaker             Energy                Oil & Gas
                                                           Exploration &
                                                             Production


                    S&P SMALLCAP 600 INDEX - December 15, 2005
                  COMPANY       GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY

      ADDED      Fidelity            Financials          Thrifts & Mortgage
                Bankshares                                    Finance
     DELETED      Capital            Financials             Real Estate
                Automotive                               Investment Trusts


                   S&P REIT COMPOSITE INDEX - December 15, 2005
                  COMPANY             REIT TYPE          PROPERTY CATEGORY

      ADDED   Cedar Shopping           Equity                  Retail
                  Centers
     DELETED      Capital              Equity                Specialty
                Automotive

Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned.

About Standard & Poor's

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP - News), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With approximately 6,300 employees located in 20 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.

Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has more than 290 offices in 37 countries. Sales in 2004 were $5.3 billion. Additional information is available at http://www.mcgraw-hill.com.




--------------------------------------------------------------------------------
Source: Standard & Poor's

[setravis]

 
     

AP
S&P to Add E.W. Scripps to 500 Index
Tuesday December 6, 9:27 pm ET 
Standard & Poor's to Add E.W. Scripps to Benchmark 500 Index on Dec. 15 to Replace Georgia-Pacific


NEW YORK (AP) -- Standard & Poor's said Tuesday that it will add media conglomerate E.W. Scripps Co. to its benchmark 500 index on Dec. 15, replacing railroad operator Georgia-Pacific Corp.
Georgia-Pacific Corp. is slated to be acquired by privately held Koch Industries Inc. around that date, S&P said. Cincinnati-based Scripps owns daily papers including the Rocky Mountain News and cable TV channels including Home & Garden Television and the Food Network.



The credit rating and investment research firm also will add Chicago's Navigant Consulting Inc. to its MidCap 400 index on Dec. 9, replacing York International Corp. York, a building products company, is set to be acquired by Johnson Controls Inc., a component of the S&P 500.

The company's SmallCap 600 index will see four additions in mid-December: apartment property developer Town and Country Trust of Baltimore, Md.; Texas power equipment manufacturer Lufkin Industries Inc.; financial services firm Fidelity Bankshares of West Palm Beach, Fla.; and telecommunications company Novatel Wireless Inc. of San Diego, Calif. These will replace retailer Goody's Family Clothing Inc., oil and gas firm Spinnaker Exploration Co., property investor Capital Automotive REIT and Zix Corp., respectively.

Goody's, Spinnaker and Capital Automotive are all being acquired, while Zix's market capitalization has fallen to about $51 million, making it the smallest company in the index, S&P said. Zix is a provider of Internet software and services.

Cedar Shopping Centers Inc. will replace Capital Automotive in S&P's REIT Composite Index.


Technicals
Record Price High
Record Price Break Out
Gap Up
Percentage Gainer

Last Price Quote is:
12.10%above 13-day EMA
15.96%above 50-day EMA
RS Rating: 83 

Fundamentals
Key Data:
Market Cap (M): $681.80 
P/E Ratio: 20.32 
PEG Ratio: 0.468571 
Next Earnings: 02/09/2006
Last Analyst Rating: Strong Buy

[sebfr]

Great topic Setravis...I applaud you for all your comments..

I believe Stock is beginning a major DOWNTREND...SELL this stock...

Technical analysis :
1. Chart pattern : Double top + triangle breakout
2. Volume : low since end of major uptrend
3. Support/Resistance : Price close under MA(200) and a support has been broken

Close at 54.43
stop loss at 65
Target : at each to decide...