These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Aetna Inc. (NYSE: AET) Cut to Hold at Argus. Akamai Technologies, ... Read Full Story »
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 ... Read Full Story »
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), ... Read Full Story »
US markets opened higher this morning and traded higher for most of the day. The DJIA briefly rose above 13,000 for the first time in nearly 3 years. But in ... Read Full Story »
Just before noon ET today, all three major US stock indexes remain in positive territory, with the DJIA up nearly 45 points at about 12,995, the Nasdaq up 10 points ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. ADTRAN, Inc. (NASDAQ: ADTN) Cut to Hold at ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Brightpoint Inc. (NASDAQ: CELL) Reiterate as Buy with a $14 ... Read Full Story »
Share prices for the oil field services companies dipped in late July shortly after many of the companies had posted new 52-week highs. The stocks have been struggling since then, ... Read Full Story »
Following last year’s disaster in the Gulf of Mexico, oil drillers and field services companies watched their shares fall more than -20% in most cases as prospects for exploration and ... Read Full Story »
There are five companies that dominate the oil field services industry, and all have a market cap above $10 billion. The five are Schlumberger Ltd. (NYSE: SLB), Halliburton Co. (NYSE: ... Read Full Story »
The boom in natural gas production resulting from horizontal drilling and hydraulic fracturing (fracking) has come at a price. There is plenty of anecdotal evidence that the chemical stew of ... Read Full Story »
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 ... Read Full Story »
24/7 Wall St. usually looks for the companies with upcoming events in the week ahead. During earnings season, we generally feature companies only with non-earnings events. This is our list ... Read Full Story »
Bad weather in North America and Australia, political unrest in the Middle East and North Africa, and a slow return to drilling in the US Gulf of Mexico have all ... Read Full Story »
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 ... Read Full Story »