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Zacks News
IBM Partners With Schlumberger for Hybrid Cloud Deployment
by Zacks Equity Research
International Business Machines Corporation's (IBM) will utilize its Red Hat OpenShift solutions to help oil giant Schlumberger accelerate digital transformation.
U.S. Rig Count Declines for the Sixth Consecutive Month
by Zacks Equity Research
With oil prices recovering gradually, most analysts opine that the decline in the tally of monthly rig in the United States will narrow down further.
US Oil & Gas Rig Tally Increases in 2 of Last 3 Weeks
by Zacks Equity Research
Since economies are reopening, most analysts opine that the weekly rig count will continue to increase.
4 Stocks From the Prospering Oilfield Services Industry
by Kaibalya Pravo Dey
Resumption of curtailed oil production in North America and international growth opportunities should enable the Zacks Oil and Gas - Field Services industry to thrive. SLB, BKR, HAL and FTI are well positioned to make the most of the market improvement.
Stock Market News for Sep 2, 2020
by Zacks Equity Research
Wall Street started September on a positive note closing higher on Tuesday.
Schlumberger to Combine U.S. Fracking Business With Liberty
by Zacks Equity Research
Schlumberger (SLB) is set to combine pressure pumping, pump-down perforating and Permian frac sand businesses with Liberty's operations.
The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Transocean, Devon and Diamondback
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Transocean, Devon and Diamondback
US Oil & Gas Rig Tally Flat Despite Hurricane Laura
by Zacks Equity Research
Since economies are reopening, most analysts opine that the weekly rig count will again start to increase.
Oil Service Firms Accelerate Digital Push to Navigate Coronavirus
by Nilanjan Choudhury
The pandemic has acted as a catalyst in shifting from the traditional drilling and fracking system and changing the way of exploring for oil and gas.
US Oil & Gas Plays Witness Uptick in Rig Tally After 23 Weeks
by Zacks Equity Research
Since economies are reopening, most analysts opine that the weekly rig count will continue to increase.
Why Is Schlumberger (SLB) Down 3.7% 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.
US Oil & Gas Rig Tally Hits Record Lows for 15 Straight Weeks
by Zacks Equity Research
If crude recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs.
How Oil Services Earnings Favored Energy ETFs Past Week
by Sanghamitra Saha
Oil services earnings gained last week despite mixed earnings from Schlumberger and Halliburton.
Company News for Jul 27, 2020
by Zacks Equity Research
Companies in the news are: SLB, EQNR, NEP, AIMC
Schlumberger (SLB) Q2 Earnings Beat Estimates, Fall Y/Y
by Zacks Equity Research
Resilient international business aids Schlumberger's (SLB) Q2 earnings.
Should You Buy Schlumberger (SLB) Ahead of Earnings?
by Zacks Equity Research
Schlumberger (SLB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Royal Dutch Shell, BP and ExxonMobil
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Royal Dutch Shell, BP and ExxonMobil
Can Schlumberger (SLB) Keep Its Earnings Streak Alive in Q2?
by Zacks Equity Research
The partial recovery in oil prices is likely to have supported Schlumberger's (SLB) oilfield service business in Q2.
Halliburton (HAL) Q2 Earnings Top Estimates, Sales Miss Mark
by Zacks Equity Research
Halliburton's (HAL) second-quarter operating income from the Completion and Production segment totals $159 million, falling 66.2% from the year-ago level of $470 million.
5 Things to Look Out for in Energy Earnings This Season
by Nilanjan Choudhury
With crude essentially doubling from Q1 levels and some previously shut-in production coming back online, shale operators could surprise on the upside.
US Oil & Gas Rig Tally Hits Record Lows for 11 Straight Weeks
by Zacks Equity Research
With oil prices recovering gradually, most analysts opine that the decline in weekly rig count will narrow down further.
Schlumberger (SLB) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
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.
Factors Setting the Tone for Halliburton's (HAL) Q2 Earnings
by Zacks Equity Research
Halliburton's (HAL) international revenues rise 5% year over year in first-quarter 2020, a trend that most likely continued in the second quarter as well.
Oilfield Services Q2 Preview: It's Not All Gloom and Doom
by Nilanjan Choudhury
The oil service companies will be in the limelight early next week as second-quarter earnings reports for the group start rolling in.
US Oil & Gas Rig Tally Hits Record Lows for 10 Straight Weeks
by Zacks Equity Research
With oil prices recovering gradually, most analysts opine that the decline in weekly rig count will narrow down further.