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Posts related to ‘OIH’

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 Rig Count Heads Right Direction (BHI, OIH)

Posted: May 18, 2012 at 2:58 pm

Baker Hughes Inc. (NYSE: BHI) has released its weekly rig counts and you might not even have noticed that oil had fallen if you looked solely at the higher rig ...
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Oil Inventories & Capacity Act As Booster (OIH, VLO, PSX, USO)

Posted: May 16, 2012 at 10:44 am

The U.S. Department of Energy has released its weekly oil inventory data showing a build up in crude inventories as expected.  The rise came to +2.128 million barrels of crude ...
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Major Reactions As Crude Marches Down Through $100/Barrel (USO, OIH, AMJ, XOM, CVX, SLB, BHI, RIG, NOV, VLO, CHK)

Posted: May 4, 2012 at 12:24 pm

It was just a couple of days ago that oil was trading around $105 per barrel for West Texas Intermediate crude. Now the talk has migrated away from geopolitical risks associated ...
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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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Schlumberger Escapes The Earnings Hangman (SLB, OIH)

Posted: April 20, 2012 at 6:23 am

Schlumberger Limited (NYSE: SLB) has managed to beat earnings and probably put some fears to rest in the oil services businesses.  Many key companies in this sector have seen their ...
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Lower EIA Oil & Energy Demand Projection Tempers Expectations (XOM, BHI, OIH, VLO, CHK, BTU, KOL)

Posted: April 10, 2012 at 3:10 pm

Oil demand is being revised lower in a new forecast by the Energy Information Administration.  The reality is that the demand erosion is modest at a mere 70,000 barrels per ...
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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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