Exterran Corporation (NYSE:EXTN) released its earnings results on Monday. The energy company reported ($0.16) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.53) by $0.37, Bloomberg Earnings reports. Exterran Corporation had a negative net margin of 11.43% and a negative return on equity of 3.17%.

Exterran Corporation (NYSE:EXTN) opened at 26.22 on Tuesday. Exterran Corporation has a 1-year low of $12.30 and a 1-year high of $34.05. The stock’s market capitalization is $938.62 million. The firm has a 50-day moving average of $27.23 and a 200-day moving average of $28.95.

Several hedge funds have recently added to or reduced their stakes in EXTN. State of Alaska Department of Revenue raised its stake in Exterran Corporation by 2.7% in the first quarter. State of Alaska Department of Revenue now owns 3,480 shares of the energy company’s stock valued at $109,000 after buying an additional 90 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in Exterran Corporation by 4.0% in the second quarter. Nisa Investment Advisors LLC now owns 3,940 shares of the energy company’s stock valued at $105,000 after buying an additional 150 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in Exterran Corporation during the second quarter valued at approximately $134,000. BNP Paribas Arbitrage SA raised its stake in Exterran Corporation by 13.0% in the first quarter. BNP Paribas Arbitrage SA now owns 6,418 shares of the energy company’s stock valued at $202,000 after buying an additional 739 shares in the last quarter. Finally, Virginia Retirement Systems ET AL acquired a new stake in Exterran Corporation during the first quarter valued at approximately $204,000. Institutional investors and hedge funds own 89.05% of the company’s stock.

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A number of research analysts have weighed in on EXTN shares. Zacks Investment Research lowered shares of Exterran Corporation from a “hold” rating to a “sell” rating in a research note on Monday, April 24th. BidaskClub lowered shares of Exterran Corporation from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, ValuEngine raised shares of Exterran Corporation from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. Exterran Corporation has an average rating of “Hold” and a consensus price target of $30.00.

Exterran Corporation Company Profile

Exterran Corporation provides compression, production and processing products and services that support the production and transportation of oil and natural gas around the world. The Company operates through three segments: contract operations, aftermarket services, and oil and gas product sales. The contract operations segment provides natural gas compression services, production and processing equipment services, and maintenance services to meet specific customer requirements on assets owned by it.

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