New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 18, 2013
13:32 EDTRDC, HAL, PDE, RIG, WFT, BHI, SLB, DO, NBROil services stocks fall after Schlumberger calls North America weak
A number of oil services stocks are falling after the leader in the sector, Schlumberger (SLB), stated on slides for the Howard Weil Conference that activity in North America has been below expectations in the first quarter. The company's customers have activated fewer rigs on the continent than they had previously indicated, Schlumberger explained. Schlumberger also stated that it was temporarily reducing its activity in Venezuela due to "collection issues." The company forecast that its earnings per share would grow by double digit percentage levels this year, in-line with its previous outlook, as long as North American land activity and prices meet its previous forecast and issues resolve in Venezuela. Meanwhile, the company forecast that demand for oil would increase just 1% in 2013 compared to 2012. The increase will be driven by developing markets, with China generating 50% of the growth, Schlumberger stated. In mid-afternoon trading, Schlumberger fell 3% to $77, Baker Hughes (BHI) gave back 2% to $47, Weatherford (WFT) lost 1.5% to $12, and Halliburton (HAL) lost 1.6% to $41.23.
News For SLB;RIG;RDC;BHI;PDE;NBR;WFT;HAL;DO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | all recent news | >>
April 16, 2015
15:53 EDTSLBSchlumberger April 92 straddle priced for 3.2% movement into Q1
Subscribe for More Information
15:23 EDTSLBNotable companies reporting after market close
Subscribe for More Information
13:51 EDTSLBSchlumberger technical comments before earnings
Subscribe for More Information
13:21 EDTBHIBaker Hughes volatility low into Q1 and outlook
Subscribe for More Information
10:58 EDTRIGStocks with call strike movement; RIG FCX
Subscribe for More Information
09:34 EDTWFTWeatherford downgraded to Neutral from Accumulate at Global Hunter
09:34 EDTSLBSchlumberger downgraded to Neutral from Buy at Global Hunter
Subscribe for More Information
07:52 EDTSLBSchlumberger April volatility elevated into Q1 and outlook
Subscribe for More Information
07:19 EDTSLBOptions expected to be active: NFLX SNDK UNH PNRA C GS SLB
05:52 EDTRIGStocks with implied volatility movement; RIG QIHU
Subscribe for More Information
April 15, 2015
16:01 EDTRIGOptions Update; April 15, 2015
iPath S&P 500 VIX Short-Term Futures down 49c to 21.90. Option volume leaders: AAPL NFLX C PBR KMI RIG MCP TWTR GILD BAC according to Track Data.
09:35 EDTRIGActive equity options trading on open
Subscribe for More Information
08:58 EDTHAL, WFT, NBROil services stocks should be bought on dips, says BMO Capital
Subscribe for More Information
06:16 EDTNBR, BHI, RIG, DO, WFT, HAL, RDC, SLBOil layoffs reach 100,000 and still going, WSJ reports
Subscribe for More Information
April 14, 2015
16:00 EDTRIGOptions Update; April 14, 2015
Subscribe for More Information
14:40 EDTSLBSchlumberger April volatility elevated into Q1 and outlook
Schlumberger April call option implied volatility is at 53, May is at 27, August is at 23, November at 22; compared to its 26-week average of 28 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on April 16.
09:20 EDTNBR, HAL, BHI, SLBMorgan Stanley calls a bottom in Oil Services sector
Subscribe for More Information
April 13, 2015
10:00 EDTNBR, SLBOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:31 EDTNBRNabors Industries downgraded to Outperform from Strong Buy at Raymond James
Subscribe for More Information
08:31 EDTSLBSchlumberger downgraded to Market Perform from Outperform at Raymond James
Raymond James downgraded Schlumberger to Market Perform based on valuation, international exposure, and continued weakening in the offshore space over the next two years.
1 | 2 | 3 | 4 | 5 | all recent news | >>

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