Oil field services firm Schlumberger shows some signs of life after two years of pain. Revenues rose sequentially and the company is optimistic about rebalancing in the oil market and further investments…
Paul Ausick The top analyst upgrades, downgrades and initiations seen on Wednesday include Baker Hughes, Halliburton, J.C. Penney, Palo Alto Networks, Schlumberger, Walt Disney and Wells Fargo.
24/7 Wall St. has put together a preview of Citigroup, Netflix and some of the other major companies scheduled to share their quarterly results in the coming days
While nobody knows exactly what this year will bring, oil prices appear solidly over the $50 a barrel level, so a push to the $60 level is not out of the question…
While the selling was robust, it certainly wasn’t extraordinary, and it should be expected given the big run in the markets this year.
The JPMorgan plan of staying with the bigger, more liquid, sector leaders makes sense. These should fare better in the event of a market pullback.
Schlumberger Ltd. (NYSE: SLB) reported third-quarter 2016 results after markets closed on Thursday. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of $0.25 on revenues of $7.02…
Paul Ausick 24/7 Wall St. has put together a preview of American Airlines, Halliburton and some other major companies reporting their quarterly results this week.
Oilfield services firm Extraction Energy Services priced more than 7 million shares at $15 (the low end of its expected range) for its Friday initial public offering, but the stock opened nearly…
According to a new RBC research report, the land drillers have led oilfield services stocks off the bottom in every cycle recovery dating back to the early 1990s, and this cycle is…
Tech giant Cisco Systems is expected to announce plans to lay off 14,000 employees in the coming weeks, nearly one-fifth of its total headcount, according to technology news site CRN. These layoffs…
A new UBS research report makes the case that oil services earnings are starting to surprise to the upside somewhat.
Schlumberger Ltd. (NYSE: SLB) reported second-quarter 2016 results after markets closed on Thursday. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of $0.23 on revenues of $7.16…
Paul Ausick After Thursday's closing bell, two energy companies, one a producer and the other a services company, are scheduled to release quarterly results.
When oilfield services firm Halliburton reports second-quarter results before markets open Wednesday, analysts are looking for it to post a per-share loss.
