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In the week ended February 12, the number of rigs drilling for oil in the United States dropped to 439, according to the Baker Hughes North American Rotary Rig Count.
The top analyst upgrades, downgrades and initiations seen on Monday, February 8 include Athenahealth, Baker Hughes, Cisco, LinkedIn, Orbital-ATK and Tableau Software.
In the week ended February 5, the number of rigs drilling for oil in the United States totaled 467, according to the Baker Hughes North American Rotary Rig Count.
Everyone is wondering just how low the price of oil can go. The reality is that we now have an oversupply issue.
In the week ended January 29, the number of rigs drilling for oil in the United States totaled 498, according to the Baker Hughes North American Rotary Rig Count.
Friday's top analyst calls include Alibaba, Amazon, Bank of America, Cypress Semiconductor, Flextronics, JC Penney, Lululemon Athletica and Microsoft.
The oil services industry is about to undergo two very large mergers. The question is, which merged company will be better able to perform in the current dismal conditions?
In the week ended January 22, the number of rigs drilling for oil in the United States totaled 510, according to the Baker Hughes North American Rotary Rig Count.
Like other analysts, RBC has ratcheted down its oil price estimates for 2016 and 2017. However, the firm does still see some trading opportunities.
As of January 8, the number of rigs drilling for oil in the United States totaled 516, according to the Baker Hughes North American Rotary Rig Count.
The top analyst calls for Tuesday, January 5, 2016, include Anadarko, CSC, DuPont, First Solar, Halliburton, Mattel, Priceline and Starbucks.
In the period ended December 31, the number of rigs drilling for oil in the United States totaled 536, according to the Baker Hughes North American Rotary Rig Count.
The research team at Rystad Energy said on Tuesday that the downturn in the oilfield services business was the worst since the 1980s.
In the period ended December 18, the number of rigs drilling for oil in the United States totaled 541, according to the Baker Hughes North American Rotary Rig Count.
In the period ended December 11, the number of rigs drilling for oil in the United States totaled 524, according to the Baker Hughes North American Rotary Rig Count.