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Zacks News
Permian Basin Adds Oil Drilling Rigs for 5 Straight Weeks
by Zacks Equity Research
The tally for oil and gas rigs in the United States declined for the first time in 10 weeks even though oil price has improved significantly over the past few months.
Permian Basin Adds Oil Drilling Rigs for 4 Straight Weeks
by Nilanjan Banerjee
After increasing for nine straight weeks, the tally of oil and gas rigs in the United States has jumped to the highest mark since May.
Schlumberger (SLB) Up 11.3% in a Day: What's Behind the Rally?
by Nilanjan Banerjee
Improving fuel demand on positive coronavirus vaccine results aids Schlumberger (SLB).
Energy Stocks Soar in Monday's Trading Session: Here's Why
by Nilanjan Choudhury
Energy was Monday's leading S&P sector performer with notable movers being TechnipFMC (FTI), Schlumberger (SLB), National Oilwell Varco (NOV) and Valero Energy (VLO).
Why Is Schlumberger (SLB) Up 9.6% Since Last Earnings Report?
by Zacks Equity Research
Schlumberger (SLB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Core Labs' (CLB) Q3 Earnings Beat Estimates, Revenues Miss Mark
by Zacks Equity Research
In the September quarter, Core Labs (CLB) generates $20.7 million in operating cash and its capital expenditure totals $2.2 million, leading to $18.5-million free cash flow (FCF) recognition.
Oil & Gas Stock Roundup: ConocoPhillips' Acquisition, Schlumberger & Halliburton's Q3 & More
by Nilanjan Choudhury
The headline came from ConocoPhillips' (COP) $9.7 billion acquisition of Concho Resources (CXO). Meanwhile, oilfield service majors Schlumberger (SLB) and Halliburton (HAL) reported Q3 results.
The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Transocean, Devon and Pioneer Natural
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Transocean, Devon and Pioneer Natural
Halliburton (HAL) Q3 Earnings Top Estimates, Sales Miss Mark
by Zacks Equity Research
Halliburton's (HAL) third-quarter operating income from the Completion and Production segment totals $212 million, falling 52.5% from the year-ago level of $446 million.
The Zacks Analyst Blog Highlights: Schlumberger, Halliburton, Royal Dutch, BP and ConocoPhillips
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Schlumberger, Halliburton, Royal Dutch, BP and ConocoPhillips
Oil & Gas Drillers Add Highest Rig in US Since 2020 Begining
by Zacks Equity Research
Per Baker Hughes' (BKR) data, the weekly count of oil drilling rigs rises the most since January, thanks to recovering crude prices.
Schlumberger (SLB) Q3 Earnings Beat Estimates, Fall Y/Y
by Zacks Equity Research
Lower sales of WesternGeco multiclient seismic license in offshore North America hurt Schlumberger's (SLB) Q3 earnings.
Energy Earnings Kicks Off: Here's What is Likely to Happen
by Nilanjan Choudhury
Over the next month or so, as we make our way through the earnings deluge, here are five things to look for.
4 Top Energy Stocks to Buy Ahead of Q3 Earnings Release
by Sayantika Bhattacharya
Third-quarter results of the energy stocks are likely to reflect the recovery in prices. This improving trend should aid operators like PE, MUSA, PTEN and SOI.
5 Important Earnings Chart to Watch This Week
by Tracey Ryniec
There are more than just banks reporting this first week of earnings season.
Can Solid Overseas Market Aid Halliburton (HAL) Q3 Earnings?
by Zacks Equity Research
Halliburton's (HAL) impressive cost-controlling measures whereby it intends to lower its 2020 capital budget to almost half at $800 million should drive the company's earnings and cash flows higher.
Schlumberger (SLB) to Report Q3 Earnings: What's in Store?
by Zacks Equity Research
Lower upstream activities are likely to reflect on Schlumberger's (SLB) Q3 earnings results.
Permian Basin Adds Oil Drilling Rigs for 3 Straight Weeks
by Zacks Equity Research
As economies are reopening, most analysts opine that drillers will continue to add oil rigs.
Are Bank Stocks Cheap or Value Traps?
by Sheraz Mian
Driving this underperformance is the group's cyclical exposure, with the demand for credit and other banking services strongly correlated with GDP growth...
Permian Basin Adds Oil Drilling Rigs for 2 Straight Weeks
by Zacks Equity Research
As economies are reopening, most analysts believe that drillers will continue to add oil rigs.
Oceaneering, US Navy Cut A Deal for Submarine Rescue Systems
by Zacks Equity Research
Oceaneering (OII) seals a deal with U.S. Navy to maintain and manage the Submarine Rescue Systems and provide operative and maintenance support.
Schlumberger (SLB) Signs MOU With Milaha for Qatar Work
by Zacks Equity Research
Schlumberger (SLB) enters into an agreement with Middle East Company, Milaha to develop oil stimulation vessels for work in Qatar.
US Oil & Gas Rig Tally Increases, Permian Witnesses Rebound
by Zacks Equity Research
Since economies are reopening, most analysts opine that the weekly rig count is likely to persistently increase.
US Oil & Gas Rig Tally Increases in 3 of 5 Weeks
by Zacks Equity Research
Since economies are reopening, most analysts opine that the weekly rig count will continue to increase.
Permian Basin Witnesses Removal of Two Oil Drilling Rigs
by Zacks Equity Research
Since economies are reopening, most analysts opine that the weekly rig count will again start increasing.