Smith International, Inc. (NYSE:SII) led the parade of oil field services stocks downhill yesterday. Smith opened Thursday more than $1.50/share lower than Wednesday’s close and finished the day even lower. Schlumberger Limited…
That Baker Hughes Inc. (NYSE:BHI) this morning reported better-than-expected results for its fourth quarter shouldn’t really be a surprise. When Halliburton Company (NYSE:HAL) and Weatherford International Limited (NYSE:WFT) reported results, the market…
The earnings reports from oil field services companies Halliburton Company (NYSE:HAL) and Weatherford International Inc. (NYSE:WFT) surprised investors on the upside this morning. Given the bad news out of Schlumberger Limited (NYSE:SLB)…
Schlumberger Limited (NYSE:SLB) reported a clear miss on quarterly and annual revenue and EPS estimates, but shares rose more than 6%. On top of that, the company expects 2009 to be weak,…
For the latest reported period, ending December 31, short sellers did not make any notable moves in or out of tech, financials, or industrial shares. What they did do was take impressively…
If you have somehow managed to be out since last summer when the oil boom was still in full-speed, there is one issue you would not have guessed was coming this quick:…
Oil field services company Weatherford International Ltd. (NYSE:WFT) announced that it has begun offering Senior Notes due in 2019. A subsidiary of Weatherford "will fully and unconditionally guarantee the notes on a…
These are some of the top pre-market analyst downgrades we have seen with more than two hours to the open this Monday morning: Barnes Group (B) Cut to Neutral at Baird. Carnival…
According to Reuters, Japan markets were higher on a broad government bailout plan. Reuters reports that Merrill Lynch (MER) will cut 500 trading jobs. Reuters writes that low retailer prices and competition…
Analysts assume third quarter earnings for the companies in the S&P 500 will be bad. But, looking at the number which is the average of all firms in the index is misleading.…
As you will see below, there were many key changes to short sales in oil stocks. Some of these would have been expected to have gone up because oil was so weak. …
Oil Services are deemed by many market pundits as being more insulated than integrated oils, refiners, and other sub-sectors of the energy sector for oil and gas. While these frequently move in-line…
These are some of the top analyst calls in oil and gas stocks we have seen in the early hours of trading this Tuesday morning. Citigroup picked up new coverage on many…
Halliburton (NYSE: HAL) has made a conditional offer to Expro International, a British oil field services company, to acquire the company for 1.7 billion pounds (about $3.36 billion). What is interesting is…
The mid-month reports on short interest in NYSE shares showed that many short sellers moved out of big financial stocks but made large bets against airlines and auto companies. With the prices…
