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Posts related to ‘NYSE: SLB’

Warning from Nabors Highlights Concerns for Oil Field Services Results

Posted: July 17, 2012 at 10:13 am

Oil and gas driller Nabors Industries Ltd. (NYSE: NBR) warned this morning that the company expects second-quarter operating results to miss consensus estimate, mainly as a result of higher costs: ...
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Norway Prepares to Lockout Offshore Oil Field Workers

Posted: July 9, 2012 at 1:02 pm

An association representing oil companies working on Norway’s continental shelf is preparing for a lockout against striking workers beginning at midnight tonight. If the lockout is enforced, about 6,500 workers ...
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Energy Producer to Expand Capex Spending $600 Million (ECA, BHI, HAL, SLB, GST, EOG, GDP, CHK)

Posted: June 21, 2012 at 12:13 pm

Canadian-based oil & gas producer Encana Corp. (NYSE: ECA) announced today that it planned to expand its 2012 capital spending budget by $600 million in order for the company “to ...
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Weatherford Scores Iraqi Contract (WFT, SLB, E, OXY)

Posted: June 19, 2012 at 1:01 pm

Oil field services company Weatherford International Ltd. (NYSE: WFT) has won a contract worth $843 million to build six crude oil production facilities at Iraq’s Zubair field in the south ...
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After the Fall: Value in Oil Stocks (XOM, CVX, BP, SLB, HAL, BHI, VLO, MPC, TSO, OIH, XOP)

Posted: May 22, 2012 at 11:11 am

The month-long slide in crude oil prices has chopped the share price of many of the biggest names in the oil patch. Exxon Mobil Corp. (NYSE: XOM) is about -4% ...
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Baker Hughes, Weatherford Continue Winning Streak for Oilfield Services Companies (BHI, WFT, HAL, SLB, NOV, CHK, OIH)

Posted: April 24, 2012 at 12:58 pm

The oilfield services companies are on a roll. Well, sort of. Expectations had been lowered so much coming into this earnings season that every one is able to clear the ...
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24/7 Wall St. Closing Bell (AAPL, ESRX, GG, NFLX, SLB, CMVT, ISCA, FRS, TISI, MIND, MON, AYI, HEAT, FSLR, VRNG, AONE, MRGE, CONN)

Posted: April 3, 2012 at 4:06 pm

Markets opened flat to lower this morning and stayed right around the break-even line most of the morning. The report on factory orders was weaker than expected(our coverage here), although ...
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24/7 Wall St. Closing Bell (BHI, MU, SWY, TSLA, MTG, CALM, SARA, APOL, GOL, WAG, LEN, VRNM, SLB, AONE, AUDC, ARNA)

Posted: March 26, 2012 at 4:06 pm

Markets opened about higher this morning following a flat close in Asia and a bit of enthusiasm in Europe following a manufacturing survey from Germany (our coverage here). Then Fed ...
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Schlumberger Warns on Earnings (SLB, BHI, HAL)

Posted: March 26, 2012 at 12:04 pm

At an energy conference in New Orleans today, the CEO of Schlumberger Ltd. (NYSE: SLB) said that downward pressure on prices for the company’s hydraulic fracturing (fracking) services will have ...
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Baker Hughes Slices First Quarter Profit Estimate (BHI, SLB, HAL)

Posted: March 21, 2012 at 8:38 am

Oil field services firm Baker Hughes Inc. (NYSE: BHI) this morning announced that it is cutting its first quarter 2012 operating profit before tax margins in both its US and ...
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Oil Field Services Companies Hit by Weaker Oil Prices (SLB, HAL, BHI, WFT, NOV, RIG)

Posted: March 6, 2012 at 1:43 pm

Today’s falling crude prices are having an impact on stocks in the oil field services companies today. Schlumberger Ltd. (NYSE: SLB), Halliburton Co. (NYSE: HAL), Baker Hughes Inc. (NYSE: BHI), ...
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24/7 Wall St. Closing Bell (GOOG, JCI, VLO, TSCO, HUM, INTC, IBM, BAC, AXP, GE, SLB, STI, INSM, TLB, SHLD, NCIT, CCOI)

Posted: January 20, 2012 at 4:08 pm

Equity markets opened mixed this morning, with the DJIA up slightly and the NASDAQ Composite and S&P 500 down slightly. That pattern held throughout the day as last night’s report ...
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