Will Oilfield Services Revive Next Year?
The research team at Rystad Energy said on Tuesday that the downturn in the oilfield services business was the worst since the 1980s.
The research team at Rystad Energy said on Tuesday that the downturn in the oilfield services business was the worst since the 1980s.
The oil services trade is still a contrarian one, to say the least. The pain in the industry is not going away anytime soon, so sticking with the top names makes the…
The oil services trade is still a contrarian one, to say the least. Oil seems to have hit bottom and turned higher, and that's a plus.
Baker Hughes reported better-than-expected third-quarter 2015 results before markets opened Wednesday morning.
Halliburton reported mixed third-quarter 2015 results before markets opened Monday morning and offered no guidance.
Oppenheimer believes that in the long run oil prices are unsustainable at these levels, and there are several catalysts that could present negative headwinds over the next several weeks.
Caterpillar's job cuts of 10,000 workers are a reminder that oil patch and infrastructure companies are in rising trouble.
The industry's capacity could accommodate 40 to 50 new projects a year and there are currently just six on the list for this year.
While the UBS lowers the price targets on the land drillers, the firm stays positive on the big diversified oil services companies, and three still make sense for investors with patience and…
Investors who are just trying to catch the bottom in oil prices and oil stocks should not consider these energy stocks.
Thursday’s top analyst upgrades, downgrades and initiations include Boeing, Five Below, Halliburton, Janus Capital, Kroger, Lululemon Athletica and Seadrill.
ThinkstockThe oil patch has been a very fickle sector of late. With the price of oil tanking to under $40 per barrel, profitability is going to be a tough road ahead for…
One thing experienced investors know is that one day those who hold their nose and buy oil stocks now will have a well-deserved payback. The problem is when that payback comes.
Thursday's top analyst upgrades, downgrades and initiations include Alibaba, Baker Hughes, GoPro, Merck, Microsoft and Yahoo.
ThinkstockEarnings season is well underway, Greece may be closer to being resolved, and China and Iran are being factored into the markets. Still, the S&P 500 slid 2.2% this last week. The…