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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.
Owing to dismal quarterly results, TechnipFMC (FTI) ends 2018 in the red territory, incurring net loss of $1,921.6 million against reported income of $113 million in 2017.
Dropping oil prices and constrained takeaway capacity meant the company would have a tough time selling fracking sand in the fourth quarter, but its results didn't completely collapse.
FMC Technologies (FTI) delivered earnings and revenue surprises of -124.32% and -2.54%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
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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.
Oil Market: Analyzing Key Trends(Continued from Prior Part)Oil rig count and US crude oil production Last week, the oil rig count rose by three to 857. The rig count tends to follow US crude oil prices with a three to six-month lag. On October 3, US
Rockwell Automation's (ROK) Sensia JV drives customer efficiency gains through data-driven intelligent automation and helps to maximize their investment value.
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Occidental Petroleum (OXY) reported fourth-quarter earnings that came above the Zacks Consensus Estimate, while Royal Dutch Shell plc (RDS.A) agreed to acquire German battery maker sonnen.
Schlumberger (SLB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Total backlog of TechnipFMC (FTI) at the end of fourth-quarter 2018 is estimated at $15 billion, higher than $13 billion in the year-ago period.
Canadian company Precision Drilling was able to squeeze out a profit this past quarter, and it's looking to build on that success in 2019.