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Rising energy prices and geopolitical instability could force more nations to explore shale gas reserves, leading to wider opportunities for fracking.
The oil services company's results got hit by a weaker market in North American onshore drilling than Wall Street anticipated.
The giant foundation sold 1.1 million shares of the oilfield-services firm in the first quarter, a period in which Schlumberger stock rose 21%.
Silica Holdings (SLCA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Clean Harbors (CLH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Clean Harbors (CLH) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
ConocoPhillips' (COP) contract includes the delivery and installation of a subsea production system as well as the installation of umbilical, rigid flowlines and related subsea equipment.
RPC (RES) delivered earnings and revenue surprises of -100.00% and -3.04%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Superior Energy (SPN) delivered earnings and revenue surprises of -29.17% and -4.30%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Nabors (NBR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Zacks Analyst Blog Highlights: Schlumberger, Halliburton, Baker Hughes and Weatherford International
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. We'll use ROE to examine RPC, Inc. (NYSE:RES), by...
While the North America business environment remains challenging, both Schlumberger (SLB) and Halliburton (HAL) expect international drilling activity to continue with the broad-based recovery.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll show how you can use Clean Harbors, Inc.'s (NYSE:CLH) P/E ratio to inform your assessment of the investment opportunity. What is...
US Crude Oil Is Heading for a New High(Continued from Prior Part)Oil rig countLast week, the oil rig count fell by eight to 825—just nine more rigs than the lowest level since April 13, 2018. The rig count tends to follow US crude oil prices with
Better-than-expected revenue in North America, along with the company's claim that prices were bottoming out, initially drove shares in the oilfield services giant almost 5 percent higher after it published first quarter results. "I don't think there was anything in there to get people off the sidelines," said Jennifer Rowland, an analyst at brokerage Edward Jones, arguing the company's comments fell short of what was needed to shift sentiment around the industry. Halliburton and larger rival Schlumberger NV have been struggling with a tightening of spending by U.S. oil producers in response to shareholder pressure for greater returns following a period of heavy investment in shale.
Oilfield services firm Halliburton just released its outlook for the rest of 2019, and in contrast to its competitor Schlumberger, the company sees a rebound in U.S. shale