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Zacks News
Zacks Industry Outlook Highlights: Schlumberger, Baker Hughes, Halliburton and KLX Energy Services
by Zacks Equity Research
Zacks Industry Outlook Highlights: Schlumberger, Baker Hughes, Halliburton and KLX Energy Services
4 Oilfield Services Stocks Countering Industry Headwinds
by Kaibalya Pravo Dey
Multiple vaccine rollouts are likely to drive the global energy market. However, the Zacks Oil and Gas - Field Services industry is still suffering from low upstream spending. KLXE, SLB, BKR & HAL are likely to pull through, and come back stronger.
What's in Store for Oilfield Service in Q4 Earnings?
by Nilanjan Banerjee
Cost-cutting measures and demand recovery for oilfield equipment & services have likely aided companies belonging to the oilfield service space in Q4. SLB, BKR & CLB are yet to report earnings.
Halliburton (HAL) Q4 Earnings Surpass Estimates, Down YoY
by Zacks Equity Research
Halliburton (HAL) noted that the North American activity levels are finally gathering momentum, while international operations are likely to bottom out in the first quarter of 2021.
Is a Beat in Store for Schlumberger's (SLB) Q4 Earnings?
by Zacks Equity Research
Improving completion activities of DUC wells in the land market of the United States might have supported Schlumberger's (SLB) fourth-quarter earnings.
American Oil & Gas Drillers Add Rigs for 8 Successive Weeks
by Zacks Equity Research
Oil and gas drillers in the United States are likely to continue adding rigs to shale plays since the pricing environment is gradually improving.
Energy Q4 Earnings Season on Tap: What Could be in Store?
by Nilanjan Choudhury
Halliburton (HAL), Kinder Morgan (KMI) and Schlumberger (SLB) all report fourth-quarter results this week and are viewed as an important read on the energy sector's outlook for 2021.
Schlumberger (SLB) Expected to Beat Earnings Estimates: Should You Buy?
by Zacks Equity Research
Schlumberger (SLB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
What's in the Cards for Halliburton (HAL) in Q4 Earnings?
by Zacks Equity Research
Halliburton's (HAL) encouraging cost-controlling efforts are likely to have aided its fourth-quarter earnings.
Schlumberger (SLB) Up 43.9% in 6 Months: More Room for Rally?
by Zacks Equity Research
Schlumberger (SLB) has more room for improvement, courtesy of business prospects and its deepened focus on a more profitable international market.
US Oil & Gas Drillers Add Rigs for 7 Successive Weeks
by Nilanjan Banerjee
Oil and gas drillers in the United States are likely to continue adding rigs to shale plays since the pricing environment is gradually improving.
A Look Back At the News Stories That Shaped Energy in 2020
by Nilanjan Choudhury
The coronavirus pandemic led to plummeting energy demand and prices. Even supermajors like Royal Dutch Shell (RDS.A) and BP plc (BP) were forced to slash their prized dividend to stay afloat.
IBM-Avertra to Expedite Enterprise Digital Transformation
by Zacks Equity Research
International Business Machines (IBM) is teaming up with Avertra to help companies in the energy and utilities sector to expedite digital transformation.
Schlumberger (SLB) Combines US Fracking Business With Liberty
by Zacks Equity Research
Schlumberger (SLB) receives a 37% stake in the combined entity, per the deal closed on the last day of 2020.
American Oil & Gas Drillers Add Rigs for 6 Successive Weeks
by Zacks Equity Research
Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually improving.
Oceaneering to Supply Hydraulic Connection Hardware for Chevron
by Zacks Equity Research
Oceaneering (OII) wins a contract from OneSubsea to supply subsea hydraulic hardware to Chevron (CVX) for the latter's Anchor field development project.
American Oil & Gas Drillers Add Rigs for 5 Successive Weeks
by Zacks Equity Research
Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually getting better.
Halliburton (HAL) to Cut 216 Jobs in Texas Amid Pandemic
by Zacks Equity Research
Halliburton (HAL) is planning to terminate 216 employees from its Halliburton Energy Services facility in Carrollton in Texas as the company continues to struggle with tepid demand and low oil prices.
Permian Basin Adds Oil Drilling Rigs for 9 Straight Weeks
by Zacks Equity Research
Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually getting better.
Permian Basin Adds Oil Drilling Rigs for 7 Straight Weeks
by Zacks Equity Research
Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually getting healthier.
Halliburton Partners Accenture to Enhance Digital Revolution
by Zacks Equity Research
Halliburton (HAL) and Accenture (ACN) form a partnership to accelerate the former's digital transformation by applying advanced analytics and enhanced business intelligence tools.
OPEC+ Decides to Hike Production, Bullish on Oil Recovery
by Nilanjan Banerjee
With several vaccines in development seeing success, the outlook for the overall energy market is getting brighter. EOG, SLB, MTDR & CXO are thus well poised to gain.
Permian Basin Adds Oil Drilling Rigs for 6 Straight Weeks
by Zacks Equity Research
Oil and gas drillers in the United States are likely to continue to add rigs in the shale plays since the pricing environment of the commodity is now gradually getting healthier.
Halliburton (HAL) to Reduce Greenhouse Emissions Through SBTi
by Zacks Equity Research
Halliburton (HAL) commits to set science-based targets in emission reduction and will submit its recommendations by 2021.
5 ETFs That Gained in Double Digits Last Week
by Sweta Killa
Inside the ETFs that gained in double-digits last week.