Zacks Analyst Blog Highlights: Weatherford, Ensco, Exxon, Schlumberger and Diamond Offshore.

For Immediate Release

Chicago, IL – June 4, 2009 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Weatherford (WFT - Analyst Report), Ensco (ESV - Analyst Report), Exxon (XOM - Analyst Report), Schlumberger (SLB - Analyst Report) and Diamond Offshore (DO - Analyst Report).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579.

Here are highlights from Wednesday’s Analyst Blog:

Oil Takes Stock of Crude Realities

While the future may be better than the present, today’s inventory report is a crude reminder not to lose sight of the existing oil glut.

We continue to believe that there are good fundamental underpinnings for the ongoing oil rally. Having said that, it would be useful for the budding economic recovery as well as the sustainability of the rally if the commodity can pause for sometime to consolidate recent gains. Today’s inventory report and potentially weak payroll numbers on Friday will do just that, in our view.

We continue to favor early-cycle leverage through oilfield service names, such as Weatherford (WFT - Analyst Report) and Ensco (ESV - Analyst Report). Our long-term favorites remain Exxon (XOM - Analyst Report), Schlumberger (SLB - Analyst Report) and Diamond Offshore (DO - Analyst Report).

Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=2649.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=2677

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=4580.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Contact:
Mark Vickery
Web Content Editor
312-265-9380
Visit: www.zacks.com