Courtesy RosneftAs the U.S. oil industry drives toward becoming a net exporter of energy to the rest of the world, the top oil service stocks are poised to thrive. The oil services…
ThinkstockCost-cutting and price-cutting have been the major trends in the oil field services sector for at least the past year. It is hard to know which is the chicken and which the…
The equity strategy team and the market analysts at Deutsche Bank are starting to feel pretty comfortable that the rest of this year and beyond could really start to show some positive…
ThinkstockDespite a strong oil price backdrop, stock performance for the top oilfield services stocks has been mixed and investors generally remain underweight energy in general and oil service specifically. The analysts at…
ThinkstockWith the increasing likelihood of a U.S.-led military intervention in Syria, the oil markets have become volatile. Brent prices rose to as high as $117 a barrel last week. The price strength…
ThinkstockThe second-quarter earnings parade has all but come to a end. One conclusion that is painfully obvious to the equity strategy team at Credit Suisse is that many companies beat earnings only…
ThinkstockIn 2012 there were 1,139 onshore and 60 offshore wells drilled in Mexico, for about $8 billion of drilling and completion (D&C) spending. This includes about $1.7 billion in offshore D&C spending.…
courtesy of FordAll of the Wall Street firms we cover, especially the large bulge bracket firms, have an extensive equity coverage list. In many cases the large firms cover more than 500…
ThinkstockIn a current research report, the oil field service and equipment analysts at Jefferies maintain that investors should be overweight the sector. Demand prospects are solid globally. While demand in the United…
July 19, 2013: U.S. equity markets opened lower this morning following earnings reports from some major tech companies after markets closed last night. The Detroit municipal bankruptcy, though expected, weighed on sentiment…
ThinkstockBaker Hughes Inc. (NYSE: BHI) reported second-quarter results before markets opened this morning. The oil field services firm posted adjusted diluted quarterly earnings per share (EPS) of $0.65 on revenues of $5.49…
Paul Ausick ThinkstockSchlumberger Ltd. (NYSE: SLB) reported second-quarter 2013 results before markets opened this morning. The oil field services firm posted adjusted diluted quarterly earnings per share (EPS) of $1.15 on revenues of $11.18…
Paul Ausick July 18, 2013: U.S. equity markets opened higher this morning after the report on new jobless claims in the U.S. came in better than expected. In Europe, Greece agreed to fire another…
ThinkstockOil field services firm Nabors Industries Ltd. (NYSE: NBR) warned on second-quarter earnings after markets closed last night. The Bermuda-based firm said that it now projects operating income for the quarter in…
ThinkstockMiddle East instability has long been the geopolitical trigger for oil pricing. As tensions continue to rise in Egypt, West Texas Intermediate (WTI) has soared over the $103 level and the price…
