Schlumberger (NYSE:SLB)

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Why Jefferies Wants Investors to Buy 4 Top Energy Stocks Now

One thing energy investors are acutely aware of is that the oil downtrend has been brutal. The sector has underperformed for every year since 2012, which is unprecedented, and the ...
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5 Huge January Stock Buybacks Too Big to Ignore

Investors love dividends. They also love stock buybacks. At the higher tax-bracket, some investors actually do better after their taxes and fees on buybacks (capital gains) than they do off dividends. ...
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BP Mad Dog

In Oil Services, Schlumberger Is More Resilient Than Halliburton

The oil services industry is about to undergo two very large mergers. While antitrust authorities are still hounding the process somewhat, it’s doubtful that the mergers won’t be approved in ...
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Oil Companies to Slash More Jobs

One unintended consequence of the rapid drop in oil prices is that company managements in the sector desperately need to cut costs. Layoffs are usually a means to lower expenses, ...
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The Bleak Texas Energy Jobs Picture in 2016, and the Coming Spillover Elsewhere

The jobs market is all peachy in Texas. At least that is what the monthly reports from the Texas Workforce Commission (TWC) would indicate. What must be kept in mind ...
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LNG tanker

Golar LNG Soars on Schlumberger Memorandum

Golar LNG Ltd. (NASDAQ: GLNG) led the bulls in Friday’s trading on news of an agreement with Schlumberger Ltd. (NYSE: SLB). The company announced that it has signed a memorandum ...
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Fired Businessman

Schlumberger to Cut 10,000 Jobs

Energy industry layoffs have moved into six figures, a number bolstered by the decision of Schlumberger Ltd. (NYSE: SLB) to cut 10,000 people. The company's financial results made the decision nearly inevitable. ...
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Oil rig

Schlumberger Earnings Bolstered by New $10 Billion Buyback Program

Schlumberger Ltd. (NYSE: SLB) reported fourth-quarter and full-year 2015 results after markets closed on Thursday. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of $0.65 ...
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What to Look for in Schlumberger Earnings

Schlumberger Ltd. (NYSE: SLB) is set to report its fourth-quarter financial results Thursday after the markets close. Thomson Reuters has consensus estimates of $0.63 in earnings per share (EPS) on ...
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oil rig

RBC Sees Opportunities in Oilfield Services as Crude Forecast Revised Down

The death spiral in the energy industry has brought out every vulture that has had to stay in the trees for the past 10 plus years. Not only do they ...
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Profit or Loss

8 Top Earnings to Look for Next Week

24/7 Wall St. has put together a preview of some of the major companies reporting their quarterly results this week. We are just entering into earnings season in which most ...
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Oil platform on sea

Will Oilfield Services Revive Next Year?

No sector of the energy business has been harder than the oilfield services companies since the price of crude started its collapse in the fall of 2014. These companies were ...
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Oil platform on sea

Huge Oil Sell-Off Is Opportunity to Buy 4 Companies That Should Survive and Thrive

If there has ever been a boom-to-bust sector over the years, it has been energy. Despite all the past lessons learned, the same mistakes continue to be made when times ...
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Schlumberger Outlines More Layoffs Ahead of Cameron Merger

Schlumberger Ltd. (NYSE: SLB) is the king of oilfield services. Despite a transformation that already is underway, more layoffs are headed to Schlumberger's workforce. This of course also comes with ...
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Oil platform on sea

Despite Oil Rally, Only the Strong Will Survive: 4 to Buy Now

If there has ever been a boom-to-bust sector over the years, it has been energy. Despite all the past lessons learned, the same mistakes continue to be made when times ...
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