New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 21, 2014
11:53 EDTHAL, SLB, WFT, BHIHalliburton hits 52-week high after results top expectations
Shares of oilfield services company Halliburton (HAL) hit a new 52-week high after the company's first quarter results topped analysts' consensus estimates. WHAT'S NEW: This morning, Halliburton reported Q1 continuing operating earnings per share of 73c and revenue of $7.3B, topping expectations of 71c and $7.24B, respectively. The company forecast its Q2 EPS to be up approximately 25%, compared to consensus of 91c, and said "further increases" will follow. For Q2, the company expects low double-digit percentage revenue improvement and margins to move solidly into the mid-teens. On its conference call, management said that 2014 will be a transitional year for Latin America. The company said that constitutional changes in Mexico seem to be progressing as planned and it believes foreign investment in the market will be beneficial to the company beginning in 2015. Halliburton also said it is starting to "feel a momentum swing" in North America. OTHERS TO WATCH: Other companies in the oil services space space include Schlumberger (SLB), Baker Hughes (BHI), and Weatherford (WFT). PRICE ACTION: In late morning trading, Halliburton rose $1.93, or about 3.2%, to $62.83 on heavy trading volume. Earlier in the session, the stock hit a fresh 52-week high of $63.88. Weatherford (WFT), which is scheduled to report on its quarter this Friday, April 25, is up 0.7% to $18.34. Meanwhile, Schlumberger (SLB), which reported Thursday morning, is up 1.7% today to $101.56 and Baker Hughes (BHI), which also reported Thursday before the open, is up 1.8% to $69.57.
News For HAL;WFT;SLB;BHI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 27, 2015
13:04 EDTBHIBaker Hughes reports U.S. rig count down 43 from last week
Baker Hughes reported U.S. rig count is down 43 rigs from last week to 1267, with oil rigs down 33 to 986, gas rigs down 9 to 280, and miscellaneous rigs down 1 to 1. It stated U.S. rig count is down 502 rigs from last year at 1769, with oil rigs down 444, gas rigs down 55, and miscellaneous rigs down 3. The U.S. Offshore rig count is 51, down 3 rigs from last week, and down 4 rigs year over year. Canadian rig count is down 30 rigs from last week to 330, with oil rigs down 13 to 171, and gas rigs down 17 to 159, Baker Hughes added.
10:52 EDTBHIOptions with increasing implied volatility
Options with increasing implied volatility: WBAI ARCP BHI TLM ODP
February 26, 2015
10:56 EDTBHIOptions with increasing implied volatility
Subscribe for More Information
February 25, 2015
10:49 EDTBHIOptions with increasing implied volatility: DO BHI DRC
Subscribe for More Information
08:54 EDTHALHalliburton weakness creates buying opportunity, says BMO Capital
Subscribe for More Information
February 23, 2015
07:37 EDTHALCredit Suisse to hold a summit
Subscribe for More Information
06:06 EDTHALStocks with implied volatility movement; JNJ NUGT
Stocks with implied volatility movement; Halliburton (HAL) 32, Rite Aid (RAD) 34 according to iVolatility.
February 20, 2015
13:05 EDTBHIBaker Hughes says U.S. rig count down 48 from last week
Subscribe for More Information
February 18, 2015
10:05 EDTSLB, WFT, HAL, BHIOn The Fly: Analyst Initiation Summary
Subscribe for More Information
08:59 EDTHAL, SLB, BHISchlumberger, Halliburton, and Baker Hughes estimates cut at Goldman
Subscribe for More Information
06:54 EDTWFTWeatherford initiated with an Outperform at BMO Capital
Target $16.
06:54 EDTSLBSchlumberger initiated with an Outperform at BMO Capital
Subscribe for More Information
06:53 EDTHALHalliburton initiated with an Outperform at BMO Capital
Subscribe for More Information
06:53 EDTBHIBaker Hughes initiated with an Outperform at BMO Capital
Target $78.
February 17, 2015
17:13 EDTBHIPoint72 gives quarterly update on stakes
Subscribe for More Information
13:18 EDTHALOmega Advisors gives quarterly update on stakes
Subscribe for More Information
February 15, 2015
18:10 EDTHAL, BHIValueAct buys 30M shares of Halliburton after Baker Hughes deal, Bloomberg says
ValueAct Capital has accumulated a 30M share stake in oilfield-services provider Halliburton (HAL) in addition to its holdings in peer Baker Hughes (BHI) as the investor stands behind an agreed merger of the oilfield-services providers, says Bloomberg. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use