SLB
NYSE: SLB
$42.41
-$0.34 (-0.8%)
Closing Price on September 20, 2024
SLB Articles
Stocks tracking the oil and gas sector have tanked to the point that at least some investors think they might be attractive or would at least be considered value stocks.
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Recently, Bloomberg put together numbers that showed low oil prices have already caused the loss of 100,000 jobs within the industry worldwide.
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BMO Capital Markets released its coverage for a major stocks in the oil-and-gas sector. The firm offered three major stocks to buy and two to sell.
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Wednesday's top analyst upgrades, downgrades and initiations from 24/7 Wall St. include Amarin, CenturyLink, Legg Mason, Rackspace, Transocean and Valero Energy.
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ThinkstockHalliburton Co. (NYSE: HAL) announced to its employees on Tuesday that the company would lay off between 5,000 and 6,500 employees due to low crude oil prices and the concomitant slowdown...
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Weatherford International has begun firing employees and said it had targeted a reduction of 8,000, mostly in the Western Hemisphere, by the end of June.
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Baker Hughes and Halliburton are both scheduled to report their fourth-quarter results Tuesday before the U.S. markets open.
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The drop in the price of oil will cost 9,000 workers at Schlumberger their jobs.
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ThinkstockSchlumberger Ltd. (NYSE: SLB) reported fourth quarter and full-year 2014 results after markets closed on Thursday. The oil field services firm reported adjusted diluted quarterly earnings...
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The collapse of the oil price has created losers and winners, and the trick for investors is figuring out which side of the trade to be on.
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Monday's top analyst upgrades, downgrades and initiations include ADT, Alcoa, Chesapeake Energy, Google, Kraft Foods, On Deck Capital and Windstream.
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Thursday's top analyst upgrades, downgrades and initiations seen from Wall Street research calls include Crocs, Halliburton, Nuance Communications, Staples and Yelp.
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In the view of Credit Suisse, now is not the time to buy oilfield services stocks because the downside risk is too great.
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Short interest in large oil and gas stocks rose in the two-week period to December 15 for all but one of the companies we follow. That should be no surprise give the plunge in oil prices.
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The oil patch is a tough place to make a living these days, and most observers believe it is going to get tougher.
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