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Stock Market & Financial Investment News

News Breaks
November 28, 2012
10:45 EDTRIG, RIG, DO, DO, CAM, CAM, SLB, SLB, PACD, PACD, WFT, WFT, OII, OII, NE, NE, HAL, HAL, FET, FET, BAS, BAS, BHI, BHI, PES, PES, PTEN, PTEN, NBR, NBR, HERO, HERO, SDRL, SDRL, RDC, RDC, ESV, ESVDeutsche Bank hosts an analyst Oil Services/Industry conference call
Analyst will discuss the re-launch of the Oil Services Sector in a conference call on November 28 at 11 am.
News For ESV;RDC;SDRL;HERO;NBR;PTEN;PES;BHI;BAS;FET;HAL;NE;OII;WFT;PACD;SLB;CAM;DO;RIG From The Last 14 Days
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November 13, 2014
15:51 EDTBHI, HALHalliburton calls active on talks to acquire Baker Hughes, reports
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15:46 EDTHALHalliburton spikes higher on Baker Hughes bid talk
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15:45 EDTRIG, BHI, SLB, HAL, DO, NE, RDC, NBR, WFTHalliburton, Baker Hughes in fast-moving merger talks, WSJ reports
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15:37 EDTHAL, BHIBaker Hughes jumps 1.3%, halted for volatility after report on Halliburton talks
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15:37 EDTBHI, HALHalliburton in fast-moving talks to acquire Baker Hughes, DJ reports
15:19 EDTHALOne Halliburton employee dead, two hurt after accident, Denver Post reports
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November 12, 2014
07:59 EDTBHI, WFT, RDC, NE, HAL, OII, CAMMitsubishi UFJ to hold a tour
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07:31 EDTBASBofA/Merrill to hold a conference
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November 11, 2014
11:45 EDTESVStocks with call strike movement; ESV DAL
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07:49 EDTRIGTransocean needs to reduce or end its dividend, says UBS
UBS noted offshore conditions continue to weaken as oil prices dampens rig demand to anemic levels. The firm believes Transocean needs to eliminate or materially reduce its dividend to weather the cyclical downturn, which could last an estimated 1-3 years. UBS maintains its Neutral rating and lowers its price target to $28 from $38 on Transocean shares.
07:07 EDTRDC, HEROHercules Offshore promotes Troy Carson to Senior VP, CFO effective November 21
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07:01 EDTRDCRowan Companies appoints Stephen Butz as CFO
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06:13 EDTRIGTransocean says 'market pause' has evolved into 'cyclical downturn'
On its Q3 earnings conference call, Transocean CEO Steve Newman said that the "market pause" has evolved into a "cycnical downturn." He commented that the industry has been through these downturns before and "Transocean is well positioned to managed through this one." Newman also said the decline in oil prices observed over the last three months could "temporarily exacerbate" the offshore rig supply imbalance that has already resulted in day rate and utilization pressures and potentially delay the cyclical recovery. Newman said his long-term bullish view of offshore drilling remains "intact."
06:08 EDTBASBasic Energy reports September well servicing rig count unchanged at 421
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November 10, 2014
18:58 EDTNBRNabors reports revised Q3 diluted GAAP EPS 34c vs. 19c previously announced
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15:43 EDTBHI, HAL, SLB, RDCAmerican Petroleum Institute to hold a conference
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15:15 EDTHERO, BASJefferies to hold a conference
2014 Global Energy Conference is being held in New York on November 11-12.
09:20 EDTRIGOn The Fly: Pre-market Movers
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05:35 EDTRIGTransocean reports Q3 net ss attributable to controlling interest was $2.22B
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05:25 EDTRIGTransocean reports Q3 adjusted EPS 96c, consensus 83c
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