SLB
NYSE: SLB
$44.23
+$0.17 (+0.4%)
Closing Price on November 22, 2024
SLB Articles
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 that weathered downturns before makes the...
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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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