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Stock Market & Financial Investment News

News Breaks
March 11, 2013
06:17 EDTSLB, HAL, CEO, PTR, SHIChina lacks experience with huge shale gas reserves, Reuters reports
China's plans to unlock what may be the world's biggest shale gas reserves risk running further behind after 16 firms were awarded exploration rights in the latest auction lacked one important skill - not one has drilled a gas well before, reports Reuters. The lack of experience exploiting shale among new firms scrambling to enter the sector will make it an even bigger challenge to get at the gas, and if they fail to deliver China will struggle to reduce its dependence on expensive imports of oil, liquefied natural gas and coal.Reference Link
News For SLB;HAL;CEO;PTR;SHI From The Last 14 Days
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July 21, 2014
07:02 EDTHALHalliburton reports Q2 EPS 91c, consensus 91c
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06:59 EDTHALHalliburton board increases share repurchase authorization to $6B
06:56 EDTHALHalliburton appoints Jeff Miller to President and COO effective August 1
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July 20, 2014
11:49 EDTHALHalliburton shares could rise 20%, Barron's says
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July 18, 2014
15:02 EDTHALHalliburton technical comments ahead of earnings
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08:35 EDTSLBSchlumberger 'bullish' on China although expectations are tempered
08:31 EDTSLBSchlumberger maintains outlook for FY14, due to mix of headwinds and tailwinds
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July 17, 2014
18:31 EDTSLBOn The Fly: After Hours Movers
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16:19 EDTSLBSchlumberger says global economic outlook continues to be mixed
The company said, "the overall global economic outlook continues to be mixed as the US recovery from the effects of the unusually harsh winter coupled with a weaker forecast in Brazil, anemic growth in the Eurozone, and stabilizing GDP in China produce a slightly more cautious short-term GDP growth outlook. The fundamentals for a slow and steady recovery, however, remain intact. On the other hand, the gap between oil supply and demand is tightening on stronger demand and lower non-OPEC supply leading to narrower spare capacity and consequent support for oil prices that modulate customer spend. Natural gas markets on the other hand appear comfortably supplied with little upward pressure on prices. We believe that this outlook will be slow to change and that the scenario for growth that we unveiled at our investor conference in New York last month is highly realistic. The opportunities that new technologies offer in response to customer challenges coupled with greater integration will lead to clearly differentiated financial growth that can only be augmented by the gains that increased reliability and efficiency will provide. In this environment, Schlumberger will continue to outperform.
16:17 EDTSLBSchlumberger reports Q2 EPS ex-items $1.37, consensus $1.36
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15:26 EDTSLBNotable companies reporting after market close
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11:40 EDTCEO, PTRShell plans to end investment in Qatar natural gas project, WSJ reports
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09:02 EDTSHIPraxair signs long-terms supply agreement with Sinopec JV
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July 16, 2014
06:27 EDTSLBSchlumberger July volatility elevated into Q2 and outlook
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06:12 EDTSLBPrecision Drilling announces strategic agreement with Schlumberger
Precision Drilling (PDS) announced it had entered into a strategic technology and service agreement and marketing alliance with Schlumberger (SLB). The agreement aims to increase the industrialization of unconventional drilling in North America through an engineered approach that utilizes Precision's Tier 1 drilling rigs and allows Precision access to Schlumberger's bottomhole assembly and services. The agreement applies to Canada and the Lower 48 states in the U.S. and includes contract drilling services, downhole drilling and measurement technology, engineering expertise and operational training. Through this agreement, Precision will continue to expand its integrated directional drilling services utilizing Schlumberger's downhole tools and related services supported by drilling engineering and modeling, component integration, industry leading subsurface knowledge and expertise, and high-quality measurements.
July 11, 2014
09:56 EDTHALHalliburton announces joint venture with SPT Energy Group
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July 10, 2014
14:56 EDTCEOCNOOC upgraded to Overweight from Neutral at JPMorgan
July 9, 2014
18:10 EDTSLBSchlumberger can continue higher, Barron's says
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10:02 EDTSLBOn The Fly: Analyst Upgrade Summary
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06:13 EDTSLBSchlumberger upgraded to Overweight from Neutral at HSBC
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