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Goldman Sachs is taking the "oil" out of oil services, rebranding its coverage of oilfield equipment providers (OIH) to "energy services" in the latest sign of the industry's shift away from fossil fuels."Investors should evolve the framework of evaluating this sector from 'traditional oil se...
Oilfield services companies rely on producer spending - and growth in that spending in particular - to boost their own profits, CFRA says, but upstream spending has been hard to come by in the pandemic era. "Oil and gas producers have been less willing to fork up extra cash to pursue growth p...
The Biden administration is expected to renew Venezuela sanctions waivers for Chevron (CVX) and four oil services companies amid a review of its broader policy toward the Maduro government, Argus reports, citing "sources close to the process."The current waivers that have allowed Chevron, Sch...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips One of Warren Buffett’s most famous quotes is , “Only when the tide goes out do you discover who’s been swimming naked.” In other words, when the entire stock market stops rising quickly, those ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Thomas Siebel, the founder of Siebel Systems (later sold to Oracle (NYSE: ORCL )), took his company public, C3.ai (NASDAQ: AI ) at $42 in December 2020. After peaking at $179 on Dec. 22, AI stock has drif...
Companies will jointly explore development of integrated technologies for efficient and resilient power solutions for energy and industrial sectors globally Collaboration also covers integrated technology solutions to advance hydrogen economy Baker Hughes...
Companies will jointly explore development of integrated technologies for efficient and resilient power solutions for energy and industrial sectors globally Collaboration also covers integrated technology solutions to advance hydrogen economy Bloom Energy...
It’s never a good idea to invest as if the world is about to come to an end. You’d have been wrong every time so far. The best approach is to prepare for bull and bear markets simultaneously. Take risks (i.e., stocks), but take precautions (i.e., cash) as well. When ...
October-December Kiplinger Today published four articles: 11 Best Monthly Dividend[s], 21 Best Stocks, 11 Dividend Growth Stocks, and 25 Dividend Stocks Analysts Love. Stocks therein I called "Kiplinger Top Stocks For 2021." Then, in March, Barron's Weekly published Retire on Dividend...
Baker Hughes ([[BKR]] +8.4%) surges to the top of today's gainers on the S&P 500 after Barclays upgrades shares to Overweight from Equal Weight with a $28 price target, part of an upgrade of the entire the oil services and equipment sector to positive from neutral.Barclays believes the in...
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2024-07-30 04:34:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Golf tournament benefits hospital's newborn center & neonatal intensive care unit Event has raised more than $7 million since 1998 to enhance innovation and excellence in the research, treatment and care of infants HOUSTON, TX / ACCESSWIRE / July 29, 2024 / Baker Hughes is pleas...
Second-quarter highlights Orders of $7.5 billion, including $3.5 billion of IET orders. RPO of $33.5 billion, including record IET RPO of $30.2 billion. Revenue of $7.1 billion, up 13% year-over-year. Net income attributable to the Company of $579 million. ...