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Zacks News
Coronavirus Infects Energy Job Market: Is Relief in Sight?
by Sayantika Bhattacharya
In a bid to stage a comeback from the dramatic decrease in commodity prices, stemming from the coronavirus curse, BP (BP) decides to cut headcount by 10,000.
Can Schlumberger (SLB) Keep the Earnings Surprise Streak Alive?
by Zacks Equity Research
Schlumberger (SLB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
US Oil & Gas Rig Tally Hits All-Time Lows for 9 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.
U.S. Rig Count Declines for the Fourth Consecutive Month
by Zacks Equity Research
With oil prices recovering gradually, most analysts opine that the decline in the tally of monthly rig will narrow down further.
Schlumberger (SLB) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Schlumberger (SLB) closed at $17.98, marking a +1.47% move from the previous day.
US Oil & Gas Rig Tally Hits Record Lows for 8 Straight Weeks
by Zacks Equity Research
If the crude price recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs in oil plays.
Upstream Operations Contract, Second-Half Recovery Uncertain
by Nilanjan Banerjee
Exploration and production activities fall in the second quarter as the coronavirus pandemic keeps hurting global energy demand.
Oil & Gas Stock Roundup: Schlumberger Cuts Cost, Continental's Output Plans & More
by Nilanjan Choudhury
Schlumberger (SLB) announced initiatives to save roughly $1.5 billion in costs annually, while Continental Resources (CLR) said that it will gradually restore its output on improving fundamentals.
Schlumberger (SLB) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Schlumberger (SLB) closed at $19.57 in the latest trading session, marking a -1.26% move from the prior day.
Zacks.com featured highlights include: Myriad Genetics, Casella Waste, CNH and Schlumberger
by Zacks Equity Research
Zacks.com featured highlights include: Myriad Genetics, Casella Waste, CNH and Schlumberger
4 Toxic Stocks to Disown or Play Short to Book Profits
by Zacks Equity Research
If you are a smart investor and can precisely spot toxic stocks, you may gain by resorting to an investing strategy called short selling.
US Oil & Gas Rig Tally at Record Low for 7 Straight Weeks
by Zacks Equity Research
If the crude price recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs in oil plays.
Oceaneering Aims to Curb 2020 Costs by $125-$160 Million
by Zacks Equity Research
Oceaneering (OII) is looking forward to generate positive free cash flow in 2020 while estimating to curtail capital spending by $45-65 million.
Here's How Schlumberger Will Cut $1.5B in Costs Every Year
by Zacks Equity Research
Schlumberger (SLB) is reportedly looking to augment the use of automation and digital technologies in its field activities.
Schlumberger (SLB) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Schlumberger (SLB) closed at $19.32 in the latest trading session, marking a +1.68% move from the prior day.
US Oil & Gas Rig Tally Hits Record Lows for 6 Straight Weeks
by Zacks Equity Research
Explorers and producers may again start adding rigs in shale plays if oil sustains recovery.
US Oil & Gas Rig Tally Hits Record Lows for 5 Straight Weeks
by Zacks Equity Research
Explorers and producers may start adding rigs in shale plays since the energy sector is stealing the show again, with oil gradually entering the bullish territory.
Keep These 4 Toxic Stocks Off Your Portfolio to Avoid Losses
by Zacks Equity Research
Identifying toxic stocks and discarding them at the right time is the key to guard your portfolio from big losses.
Should You Invest in the iShares U.S. Oil Equipment Services ETF (IEZ)?
by Sweta Killa
Sector ETF report for IEZ
Oil & Gas Stock Roundup: Occidental's 2nd Dividend Cut, Williams' Solar Push & More
by Nilanjan Choudhury
Occidental Petroleum (OXY) slashed its quarterly dividend for the second time in four month, while Williams Companies (WMB) plans to develop solar energy to power its operations in nine states.
Schlumberger (SLB) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Schlumberger (SLB) closed the most recent trading day at $18.43, moving -0.22% from the previous trading session.
US Oil & Gas Rig Tally Hits Record Lows for 4 Straight Weeks
by Zacks Equity Research
Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to worldwide social-distancing measures taken to combat the pandemic.
Halliburton Cuts Dividend in a Drastic Step to Preserve Cash
by Zacks.com
Halliburton's (HAL) board members consent to a 20% voluntary cut in their annual salaries.
US Oil & Gas Rig Tally Sets Record Lows for 3 Straight Weeks
by Zacks Equity Research
Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to the coronavirus pandemic.
US Witnesses All-Time Low Oil & Gas Rig Tally for Second Week
by Zacks Equity Research
Oil drillers in the Permian basin continue to remove rigs since the coronavirus pandemic dented global energy demand.