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2023-11-20 09:33:50 ET Summary WTI crude oil fell from its late-September high but rebounded slightly on Friday last week. The OIH ETF has been the worst-performing among well-known Energy equity funds since oil's September peak. I am downgrading OIH from a buy to a hold due t...
2023-11-19 23:43:37 ET Summary Echoing the events from this past spring, land drillers have sold off again and have possibly created another buying opportunity. The Canadian players Precision Drilling and Ensign Energy appear particularly undervalued, given that oilfield activity ...
Halliburton Company (NYSE: HAL) announced today that its board of directors has declared a 2023 fourth quarter dividend of sixteen cents ($0.16) a share on the Company’s common stock payable on December 27, 2023, to shareholders of record at the close of business on December 7, 2023. ...
2023-11-17 07:29:13 ET Summary US oil production reaches record levels in 3Q 2023, exceeding earlier forecasts. The expected increase in oilfield service companies due to favorable operating environment. Oil market shortages are expected to persist, leading to higher oil price...
OCOchem Raises $5 Million in Seed Funding Led by TO VC PR Newswire The climate tech company's innovation converts CO2 and water into sustainable platform molecules for use in agriculture, energy, and transportation RICHLAND, Wash. , Nov. 15, 2023 /PRNewsw...
2023-11-11 03:25:54 ET Summary Nabors made a round-trip from the $80s to almost $140 and back below $90. This is all sentiment-driven; despite headwinds for U.S. oilfield services, Nabors is an international player and a premium provider in the U.S. Q3 wasn't really that bad. ...
Annual golf tournament benefiting nonprofit organizations exceeds $30 million raised over 30-year history The Halliburton Charitable Foundation today celebrated its 30th annual Halliburton Charity Golf Tournament (HCGT), which surpassed an important milestone of more than $30 million ra...
2023-11-07 12:35:35 ET More on crude oil USO: Geopolitical Circumstances Could Lift Crude To Over $150/Barrel EIA's Oil Data Is Creating More Confusion Than Clarity U.S. Oil & Gas Is A Good Bet - Jennifer Warren For further details see: Oil prices sli...
Halliburton Company (NYSE: HAL) and Sekal AS have announced an agreement to jointly provide leading well construction automation solutions as part of a longer-term strategy to deliver fully automated drilling operations. Under the agreement, Halliburton and Sekal are collaborating on several tech...
This collaboration will help operators with ease of handling and streamlined installation of all aspects of the deepwater Managed Pressure Drilling equipment, control systems and services. Halliburton Company (NYSE: HAL) and Oil States Industries, Inc. today announced a strategic collab...
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Armada joins the iEnergy Ecosystem of customers and partners. iEnergy is the engineered cloud that connects field to the boardroom, by deploying, integrating, and managing sophisticated exploration and production (E&P) cloud applications across the enterprise. Armada and Hal...