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Halliburton (NYSE: HAL ) +3.5% and Schlumberger (NYSE: SLB ) +2.3% after Cowen upgrades both to Outperform from Market Perform with respective $17 and $27 price target, with the firm anticipating positive updates on cost savings from Q2 earnings reports as the most importan...
After ending things in an ugly manner yesterday and finishing down nearly 1% , the S&P 500 (SNPINDEX: ^GSPC) closed in a flourish on July 14, gaining 42 points, or 1.34%, on the day. The S&P is still down about 1% for the year, but on a total returns basis that includes dividen...
The oil and gas sector is a volatile place right now, and there's a lot of danger. But there's also opportunity -- if you know where to look. Here's why it could be better to invest in pipeline stocks instead of oilfield services stocks for now. Image Source: Getty Images. Continue r...
Halliburton ( HAL -4.9% ) and TechnipFMC ( FTI -7.5% ) unveil Odassea, which the partners say is the first distributed acoustic sensing solution for subsea wells . More news on: Halliburton Company, TechnipFMC plc, Energy stocks news, Stocks on the move, Read more ...
Heavy selling pressures the S&P energy sector ( XLE -3.9% ) to its lowest level since mid-May, as crude oil ( CL1:COM ) falls sharply on investor fears that renewed lockdowns to contain the spread of coronavirus in the U.S. will again depress fuel consumption . More news on: Energy ...
The oilfield supply sector has been one of the most cyclical and maligned sectors in the investment arena. There's reason to believe the strongest names will soon gain their footing, and more. Few sectors have ever fallen farther over any extended period than oilfield suppliers have sinc...
Technology creates a paradigm shift to reduce reservoir uncertainty and lower total cost of ownership Halliburton Company (NYSE: HAL) and TechnipFMC (NYSE:FTI) today introduced Odassea™, the first distributed acoustic sensing solution for subsea wells. The technology platform en...
Shares of Halliburton (NYSE: HAL) rebounded 10.5% in June, according to data provided by S&P Global Market Intelligence . The main catalyst driving up the oil field services stock was a move by OPEC. Oilfield services stocks, including Halliburton, soa...
About three months ago, I wrote an article in which I stated that Halliburton ( HAL ) had plunged to the extreme and thus it would greatly reward investors if the pandemic did not last longer than expected. Since my article, the stock has rallied 55% and hence the big question is what invest...
Halliburton ( HAL ) is facing a tough outlook. The dip in oil prices has fueled an unprecedented decline in drilling activity, with the US oil producers significantly slashing capital expenditures and the rig count falling to historical lows. Halliburton posted decent results for Q1-2020 but...
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