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Stock Market & Financial Investment News

News Breaks
June 25, 2014
11:19 EDTSLBSchlumberger says "confident" in ability to drive financial performance
Says M&A to play key role in how company drives technology innovation. Says assuming no significant changes to operating environment in the coming 3-year period.Sees annual growth in global economy of 3%-4%. Sees oil demand up 1%-1.5% per year. Sees oil production outside the U.S. dampened by project delays, geopolitical supply disruptions. Sees brent over $100 per barrel from 2015-2017. Sees a "well balanced" oil market through 2017. Sees gas markets remaining relatively tight outside the U.S. Sees 2015-2017 growth in total industry E&P CapEx spend 6%-7%. Sees 2015 exploration spending "subdued," sees renewed industry focus on exploration in 2016-2017. Sees continued growth in deepwater activity. Comments made at the company's 2014 Investor Conference.
News For SLB From The Last 14 Days
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March 25, 2015
15:52 EDTSLBSchlumberger unit seen pleading guilty in U.S. sanctions probe, WSJ says
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15:43 EDTSLBSchlumberger unit to pay $232.7M over violating U.S. sanctions, Dow Jones says
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09:01 EDTSLBDomtar announces investment by Schlumberger in CelluForce
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March 23, 2015
10:55 EDTSLBSchlumberger says global economy trend is slow but stead recovery intact
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09:37 EDTSLBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL AUY SLB PFE MCP CELG VRTX SHPG GILD LOGI TSLA TASR NFLX SCTY WFM
07:16 EDTSLBHoward Weil to hold a conference
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March 20, 2015
07:31 EDTSLBOneSubsea delivers first subsea multiphase compressor to Statoil
OneSubsea, a Cameron (CAM) and Schlumberger (SLB) company, has delivered the world's first subsea Multiphase Compressor to Statoil (STO) for the Gullfaks South field in the North Sea. The subsea multiphase compressor enables boosting of unprocessed wet gas production fluids, while eliminating the need for an upstream separation facility or an anti-surge system, making it the industry's only true wet gas compressor. It is expected to increase the recovery rate for the Gullfaks South Brent reservoir by 22M barrels of oil equivalent.
07:19 EDTSLBWhite House expected to unveil fracking rules today, WSJ says
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