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News Breaks | | | | December 14, 2012 | | 10:16 EDT |  | WFT, SLB, BHI, HAL | Schlumberger retreats after issuing profit warning
Schlumberger (SLB), which provides products and services for fossil fuel exploration, is slumping after the company reported that it is experiencing contractual delays and higher than usual seasonal weakness in its Europe/ex-Soviet Union/Africa region. Furthermore, the company warned that it's encountering weaker than expected activity on land in the U.S. and western Canada. Schlumberger expects these developments to reduce its earnings per share by 5c-7c, the company stated. In mid-morning trading, Schlumberger slumped $4.21, or 5.80%, to $68.35. A number of Schlumberger's competitors also declined, with Halliburton sliding 1.76% to $32.92, Baker Hughes (BHI) giving back 2.73% to $41.03, and Weatherford (WFT) losing 0.57% to $10.44. | |
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News For SLB;HAL;BHI;WFT From The Last 14 Days Check below for free stories on SLB;HAL;BHI;WFT the last two weeks. |
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| May 21, 2013 | | 07:36 EDT |  | HAL | UBS to host a conference
Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 21 at 8:30 am; not all company presentations may be webcasted. Webcast Link | | | May 20, 2013 | | 19:32 EDT |  | SLB | Schlumberger CEO sells more than $4.67M of shares, Barron's says
Schlumberger CEO Paal Kibsgaard exercised options and sold more than 60,000 shares on May 16 for proceeds of more than $4.67M, leaving Kibsgaard with direct holdings of 40,000 shares, reports Barron's Inside Scoop. Reference Link | | | 07:41 EDT | | BHI, HAL, SLB | Mitsubishi UFJ Securities to host an energy tour
May Energy Tour travels throughout the Houston and San Antonio area on May 20-23. | | | May 15, 2013 | | 17:18 EDT | | HAL | BP Capital gives quarterly update on stakes
 Subscribe for More Information | | | 07:33 EDT | | BHI | National Association of Business Economics to hos a conference
Subscribe for More Information | | | May 13, 2013 | | 08:12 EDT | | HAL | Dejour Energy readies for initial Kokopelli production
Subscribe for More Information | | | May 10, 2013 | | 13:04 EDT | | BHI | Baker Hughes U.S. rig count up 5 to 1,769
U.S. rig count is up 5 rigs from last week at 1,769, with oil rigs up 9 at 1,412, gas rigs down 4 at 350, and miscellaneous rigs unchanged at 7. U.S. rig count is down 205 rigs from last year at 1,974, with oil rigs up 40, gas rigs down 248, and miscellaneous rigs up 3. The U.S. offshore rig count is 50, down 1 from last week, and up 5 year over year. | | | May 8, 2013 | | 06:12 EDT |  | WFT | Weatherford implied volatility at low end of index mean range
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