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Zacks News
US Drillers Continue Lowering Rigs in Oil & Gas Resources
by Zacks Equity Research
U.S. drillers remove two rigs each from the Marcellus shale play, Permian basin and Cana Woodford shale formation.
US Drillers Deploy More Oil Rigs as Crude Gains
by Zacks Equity Research
Addition of four rigs in Utah primarily supports the increase in oil rigs in the United States.
US Drillers Continue to Lower Rigs in Oil Resources
by Zacks.com
U.S. drillers remove three rigs each from the Eagle Ford shale play and Williston basin.
Top Research Reports for Boeing, Schlumberger & JPMorgan
by Zacks Equity Research
Today's Research Daily features new research reports on 12 major stocks, including Boeing (BA), Schlumberger (SLB) and JPMorgan (JPM).
US Drillers Lower Rigs in Oil & Gas Shale Resources
by Zacks Equity Research
Persistent decline in drilling rigs in U.S. resources helped crude reach near the $50-per-barrel mark, significantly higher than the February 2016 levels.
The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Weatherford International, Diamond Offshore Drilling and Transocean
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Weatherford International, Diamond Offshore Drilling and Transocean
US Gas Rigs Rise as Drillers Return to Shale Plays
by Zacks Equity Research
Last week, two rigs were added in each of the shale plays of Marcellus, Permian and Haynesville.
The Zacks Analyst Blog Highlights: Schlumberger, Diamond Offshore Drilling, Transocean, Range Resources and Lonestar Resources US
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Schlumberger, Diamond Offshore Drilling, Transocean, Range Resources and Lonestar Resources US
U.S. Tally of Oil Rigs Flat Amid Harvey Uncertainty
by Zacks Equity Research
The count of U.S. rigs exploring oil remains flat despite Hurricane Harvey. But, the tally might not be exact as the storm kept Baker Hughes from confirming the number of rigs in many counties.
Oil Rigs Continue to Fall as Drillers Trim Capital Spending
by Zacks Equity Research
The count of U.S. rigs exploring oil has decreased four times in six weeks. This shows that drillers have started lowering capital spending in a bid to combat crude glut.
Schlumberger Buys 50% Stake in Petro-SPM Integrated Services
by Zacks Equity Research
Schlumberger (SLB) buys 50% interest in Petro-SPM Integrated Services S.A. de C.V from Petrofac.
Drillers Idle 5 Oil Rigs as Explorers Lower Capital Budget
by Zacks Equity Research
The count of U.S. rigs exploring oil decreases thrice in the last six weeks. This shows that explorers have started lowering capital spending with an aim to combat crude glut.
Why Is Schlumberger (SLB) Down 6% Since the 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.
North Dakota Oil Output Drops But Stays Above 1M Barrels
by Nilanjan Choudhury
While daily output remained above 1 million barrels for the fifth month, the small decline confirms the slowdown in the amount of oil extracted from North Dakota.
Is Schlumberger's Russian Deal in Trouble on U.S. Sanctions?
by Zacks Equity Research
Given the recent sanctions imposed by the U.S., Schlumberger's (SLB) recent decision to acquire a stake in Eurasia Drilling seems to have hit choppy waters.
The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Weatherford International, Diamond Offshore Drilling and Transocean
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Weatherford International, Diamond Offshore Drilling and Transocean
What's Driving Oil Rig Count in the US Despite Weak Crude?
by Zacks Equity Research
The count of U.S. rigs exploring oil is rising again after a fall last week. Hence, the operations of debt-laden shale drillers are still profitable despite persistent weak crude.
Top Analyst Reports for Oracle, Pfizer & Abbott
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Oracle (ORCL), Pfizer (PFE) and Abbott (ABT).
North American Strength Drives Halliburton (HAL) Q2 Earnings
by Nilanjan Choudhury
Strong activity and pricing in North America helped the Houston-based oilfield services provider gift investors another estimate-beating quarter.
Schlumberger (SLB) Q2 Earnings Beat on Increased Drilling
by Zacks Equity Research
A rebound in seasonal works in North Sea and Russia drove Q2 numbers for Schlumberger (SLB).
The Zacks Analyst Blog Highlights: Kinder Morgan, Schlumberger and Halliburton
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Kinder Morgan, Schlumberger and Halliburton
Schlumberger (SLB) Beats Q2 Earnings & Revenue Estimates
by Zacks Equity Research
Schlumberger (SLB) saw an increase in profits at each of its business units.
These Stocks Will Struggle Should Oil & Gas Prices Not Pick Up
by Nilanjan Choudhury
There are still a host of bearish factors that might induce oil???s fall into the mid-$30s and spell doom for investors.
Halliburton vs. Schlumberger: Which Is Better Pre-Earnings?
by Nilanjan Choudhury
Schlumberger (SLB) is scheduled to report on Jul 21, while smaller rival Halliburton (HAL) will release its second quarter earnings report on Monday, Jul 24.
Oil Stocks to Watch for Q2 Earnings on Jul 21: SLB, ECA
by Zacks Equity Research
We are expecting the oil/energy sector to see strong year-over-year earnings growth on Q2.