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Posts related to ‘OIH’

Lower Oil Inventories & Refining Capacity Drive Home (VLO, OIH, USO)

Posted: October 19, 2011 at 10:43 am

The Department of Energy is out with its weekly oil data and the data is showing a larger draw-down that what API had signaled yesterday.  Crude oil inventories fell by ...
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Oil Field Services’ Stocks, ETFs Get Boost from Weatherford (WFT, SLB, HAL, BHI, OIH, XES, PXJ, IEZ)

Posted: July 26, 2011 at 10:59 am

As an industry, the oil field services sector is doing very well. Its P/E ratio for the trailing twelve months is 36 and its price/book ratio is 6.0. With a ...
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The Best Funds For Oil Rising To $150 (OIH, DIG, PSCE, COP, PXJ, FNARX, EBERX, USO)

Posted: July 5, 2011 at 11:21 am

After posting a three-month low last month, WTI crude oil prices have been making a comeback as the agreement on Greek debt appears to be set, which has put some ...
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Halliburton Earnings Surge, But Services Sector Has Risks Ahead (HAL, SLB, BHI, WFT, OIH)

Posted: April 18, 2011 at 10:04 am

Oil field services firm Halliburton Co. (NYSE: HAL) reported EPS of $0.61 for its first quarter, more than double its profit in the same period a year ago. Revenue reached ...
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DOE Inventory Data Swings Prices (OIH, USO, VLO)

Posted: January 12, 2011 at 10:47 am

The Department of Energy is out with its weekly inventories data.  There appears to be some seasonality and weather issues, and it will be interesting to see these figures next ...
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Oil Rig Counts Confirming Trends (BHI, OIH, USO)

Posted: January 7, 2011 at 1:35 pm

Baker Hughes Incorporated (NYSE: BHI) has just released its weekly rig count, and the rig count is back up.  In the rig count data for services business there is the ...
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Best Oil Field Services Stock for 2011 (SLB, HAL, NOV, BHI, WFT, GE, OIH)

Posted: December 31, 2010 at 9:33 am

With crude oil prices hovering around $90/barrel, exploration and production companies are expected to increase their spending in 2011 by about 11%, for a total of about $490 billion. Oil ...
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DOE Inventory Drawdown Only Highlights More $90 Oil (OIH, USO)

Posted: December 22, 2010 at 10:45 am

The Department of Energy issued yet another large drop in crude oil inventories in the U.S. for the latest week.  We are watching the key ETFs of Oil Services HOLDRs ...
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Oil Inventories Plummet (USO, OIH, VLO)

Posted: December 15, 2010 at 10:43 am

The Department of Energy has just released what may seem like a shocking drop in its weekly report on oil inventories.  This morning’s data has a potential impact on the ...
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Goldman Sachs Supports Higher Gold & Oil to 2011-2012 (GLD, IAU, SGOL, DGP, GDX, GDXJ, OIH, USO, DIG)

Posted: December 2, 2010 at 9:50 am

Goldman Sachs periodically updates its outlook on sectors and the economy with a one to two-year horizon.  Yesterday's upgrade of economic output in 2011 is accompanied by some interesting aspects ...
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QE2 & Bernanke Pump Gold & Oil, Not Long Bonds (GLD, DGP, USO, OIH, DIG, TBT)

Posted: November 4, 2010 at 9:58 am

Quantitative easing is forcing investors into riskier assets as Ben Bernanke and the FOMC attempt to manufacture some inflation and after the US Dollar weakness.  We are seeing big moves ...
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DOE Oil Inventory Trumped By Lower Refining Capacity (OIH, USO, VLO)

Posted: November 3, 2010 at 10:44 am

We are continuing to see a mixed picture in oil and byproduct inventory levels in the United States.  Some is seasonal, and some may be due to outside demand issues.  ...
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Schlumberger Earnings Just Meet Estimates (SLB, HAL, WFT, OIH)

Posted: October 22, 2010 at 9:42 am

Schlumberger N.V. (NYSE:SLB) reported third quarter earnings this morning and the short story is there were no surprises. Like competitors Halliburton Co. (NYSE:HAL) and Weatherford International Ltd. (NYSE:WFT), onshore drilling ...
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Oil Prices Likely To Stay Below $85 (USO, OIL, OIH)

Posted: October 14, 2010 at 9:00 am

Predicting oil prices a month from now is a risky business. Predicting oil prices a year from now is close to madness. Perhaps it is fairer to say that believing ...
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As Oil Heads to $90… or Back to $70 (USO, OIH)

Posted: October 4, 2010 at 12:31 pm

Now that oil has bested the $82.00 per barrel mark and rallied about 15% in six weeks, investors are trying to figure out what is next.  We are tracking the ...
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