Schlumberger (NYSE:SLB)

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5 Oil Stocks Analysts Want You to Buy Now

The recent drop in oil prices has created a situation that is very complex for investors. Oil has become cheap again and the stocks tracking the oil and gas sector ...
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Houston Ship Channel

$50 Oil Will Cost at Least 1 Million Jobs

A study in 2008 about the collapse of the auto industry in America said the disaster would cost as many as 3 million jobs. The research from the Center for Automotive Research (CAR) covered only those jobs ...
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Oil Tanker

Analyst Has 3 Oil Stocks to Buy and 2 to Sell Now

BMO Capital Markets has just released its coverage for a group of major oil and gas stocks. Recently, oil has made a slight recovery after having fallen over 50% from its highs ...
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investor research

Top Analyst Upgrades and Downgrades: Amarin, CenturyLink, Legg Mason, Rackspace, Transocean, Valero and More

Stocks were looking for direction on Wednesday after hitting new highs again. Investors have proven repeatedly for more than two years now that they want to buy all the dips. ...
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Oil drilling rig

Halliburton Will Slash Up to 6,500 Jobs: Report

Halliburton Co. (NYSE: HAL) announced to its employees on Tuesday that the company would lay off between 5,000 and 6,500 employees due to low crude oil prices and the concomitant ...
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Drilling Rig

Weatherford Slashes 8,000 Jobs on Low Crude Oil Prices

Oilfield services company Weatherford International Inc. (NYSE: WFT) reported fourth-quarter results after markets closed on Wednesday, and the company managed to beat earnings per share estimates by a penny, but ...
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Sakhalin-1

What to Expect From Halliburton and Baker Hughes Earnings

Leading oilfield services companies Baker Hughes Inc. (NYSE: BHI) and Halliburton Co. (NYSE: HAL) are both scheduled to report their fourth-quarter results Tuesday before the U.S. markets open. This comes ...
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Schlumberger to Lay Off 9,000, as Crude Prices Fall

The drop in the price of oil will cost 9,000 workers at Schlumberger Ltd. (NYSE: SLB) their jobs. The company disclosed: In response to lower commodity pricing and anticipated lower exploration ...
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Drilling Rig

Schlumberger Raises Dividend, Cuts 2015 Capex

Schlumberger Ltd. (NYSE: SLB) reported fourth quarter and full-year 2014 results after markets closed on Thursday. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of ...
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5 Ways to Play the Oil Price Plunge

By Andrew Topf of Oilprice.com The collapse of the oil price has created losers and winners, and like every major movement in a commodity sector, the trick for investors is ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: ADT, Alcoa, Chesapeake, Google, Kraft, On Deck, Windstream and More

Stocks were strong Monday morning despite weak oil trends starting the week all over again. The one theme that keeps working in this market is that investors will buy stocks ...
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Monkey evil

Top Analyst Upgrades and Downgrades: Crocs, Halliburton, Nuance, Staples, Yelp and More

Stocks were taking a steady breather going into the unemployment report after two major rallies in a row this week. What stands out is that investors keep proving that they will ...
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Oil drilling rig

Why Credit Suisse Says Not to Buy Oil Service Stocks, Yet …

In the view of Credit Suisse, now is not the time to buy oilfield services (OFS) stocks because the downside risk is too great. The firm further detailed in the ...
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XOM Kara Sea Well

Short Interest in Oil and Gas Sector Reflects Falling Crude Oil Prices

Short interest in large oil and gas stocks rose in the two-week period to December 15 for all but one of the companies we follow. That should be no surprise ...
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Drilling Rig

Outlook for Oilfield Services in 2015

The world’s four largest oilfield services companies posted all-time share price highs in mid-2008 when crude oil prices were nearing a record high above $140 a barrel. Two of the ...
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