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Crude oil futures fall ( CL1:COM ), sandwiched by a record build-up in U.S. inventories and the Federal Reserve's gloomy economic outlook; July WTI -8.2% to $36.34/bbl, August Brent -7.2% to $38.72/bbl. More news on: Crude Oil Futures, ONEOK, Inc., Occidental Petroleum Corporation, ...
Shares of oilfield services companies Halliburton (NYSE: HAL) , NOW, Inc. (NYSE: DNOW) , and Nabors Industries (NYSE: NBR) jumped more than 10% in May, according to data provided by S&P Global Market Intelligence . Services generalist Hall...
Today's a good day to own stocks of all kinds. It's incredibly good for oil stock investors, with many companies in the oil patch seeing their shares rocket higher than the 2.5% gains the S&P 500 is enjoying so far. One group of oil stocks in particular is su...
The stock market picked up more ground on Tuesday, with investors feeling more comfortable about the prospects for a full economic recovery from the coronavirus pandemic. Major market benchmarks closed near their best levels of the day, and gains for the Dow Jones Industrial Average (DJINDICE...
From the recent data and analysis occurring across multiple sources, the economic environment in which we find ourselves is looking tepid, to understate things. Dallas Federal Reserve Bank President Steven Kaplan stated in a Reuters interview that he does not expect the global oil glut...
If you've been looking for value in the stock market lately, you may have been having some trouble. Now that June is upon us, lots of top stocks have already rebounded from their March lows. But in the oil sector, plenty of stocks' prices have been cut in half since the beginning of the year......
Cheniere Energy Partners (NYSEMKT: CQP ) is a stock worth buying, Barron's said in its weekly edition . The liquefied natural gas facility operator benefits from long-term contracts -- a factor that insulates them from the beleaguered energy sector broadly, the magazine said. ...
Halliburton ( HAL -4.1% ) slides after Cowen downgrades shares to Market Perform from Outperform with a $13 price target, citing the recent run higher in oilfield service names. More news on: Halliburton Company, Energy stocks news, Stocks on the move, Read more ...
Halliburton Company (NYSE: HAL) will host a conference call on Monday, July 20, 2020, to discuss its second quarter 2020 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time). The Company will issue a press release regarding the second quarter 2...
Halliburton ( HAL +2.7% ) is higher even after UBS downgraded shares to Sell from Neutral with a $7.50 price target, seeing earnings upside as less likely compared with consensus estimates. More news on: Halliburton Company, Baker Hughes Company, TechnipFMC plc, Energy stocks news, Sto...
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