SLB

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SLB Articles

Brazil’s Petroleo Brasileiro SA (NYSE: PBR), commonly called Petrobras, has approved a plan it announced last September to spend $224.7 billion developing an estimated 5 billion barrels of...
Bad weather in North America and Australia, political unrest in the Middle East and North Africa, and a slow return to drilling in the US Gulf of Mexico have all led to weak expectations for the oil...
Oil field services firm Halliburton Co. (NYSE: HAL) reported EPS of $0.61 for its first quarter, more than double its profit in the same period a year ago. Revenue reached $5.3 billion, compared with...
Next week may be short because of a holiday, but it is going to be a very busy week for earnings.  We have tried to narrow the field down to the very top earnings and given previews on each. There...
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Advanced Energy Industries, Inc. (NASDAQ: AEIS) Raised to Buy and...
The land rush to acquire and develop shale gas deposits remains as competitive as ever. But the way that the gas is extracted threatens to put a crimp in development of shale gas resources, as well...
Ever since 2005, when its offer to buy Unocal was withdrawn following cries of political rage, Cnooc Ltd. (NYSE: CEO) and other Chinese oil companies kept a low profile on acquisitions, particularly...
Earnings season is well under way now and we wanted to offer previews for the biggest impact stocks which have earnings on Thursday and Friday.  The remaining most important earnings we are tracking...
Earnings season is upon us and this week will mark the beginning of the flood of earnings reports.  The most important earnings we are tracking will be from Apple Inc. (NASDAQ: AAPL), International...
With crude oil prices hovering around $90/barrel, exploration and production companies are expected to increase their spending in 2011 by about 11%, for a total of about $490 billion. Oil field...
Insider selling by millionaire and billionaire corporate insiders is already rising, but it is about to go through the roof.  Forget the politics and forget the morale left behind as a result, and...
These are some of this Monday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Advance Micro Devices, Inc. (NYSE: AMD) Raised to Neutral at Macquarie. Avago...
Schlumberger N.V. (NYSE:SLB) reported third quarter earnings this morning and the short story is there were no surprises. Like competitors Halliburton Co. (NYSE:HAL) and Weatherford International...
How investors view the oil field services business depends a lot on whether a company is heavily involved in offshore drilling. Onshore drillers have seen share prices rise steadily as production...
These are some of this Monday’s top analyst upgrades and downgrades seen from Wall Street research calls: American Electric Power (NYSE: AEP) Started as Outperform at Wells Fargo. Central European...