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Halliburton (HAL) +3.3% pre-market after announcing it was awarded a contract from Kuwait Oil to collaborate on the maintenance and expansion of digital solutions; the size of the contract is not disclosed.Kuwait Oil will "accelerate their data-to-decisions cycle by designing and operating di...
Technologies to increase production in North Kuwait Integrated Digital Field Halliburton Company (NYSE: HAL) today announced it was awarded a contract from Kuwait Oil Company (KOC) to collaborate on their digital transformation journey through the maintenance and expansion o...
Crude oil futures take aim at their highest finish in more than a year, as major producers showed they were reining in production roughly in line with their commitments.March WTI crude (CL1:COM) +2.8% to $55.08/bbl, poised for the highest front-month contract settlement since January 2020, an...
The Welsh portfolio outperformed the S&P 500 over the first month of 2021. Added a small amount of additional risk to my portfolio to potentially seize the current Wall Street Bets and Robinhood volatility. Bitcoin, Virgin Galactic, and soon First Majestic Silver Company give ...
Oil prices have more upside especially given the Bide Administration's stricter rules on drilling. Andy Hecht explains why investors should consider getting long Exxon Mobil (XOM) and Chevron (CVX). A greener path to US energy production under the new administration Handing the ...
Pres. Biden officially signs executive orders that prioritize climate change across all levels of government and direct the Interior Department to halt new oil and natural gas leases on public lands and waters, and launch a review of existing permits for fossil fuel development.Biden als...
It's time to have a bird's-eye view of the upstream oil industry using information gleaned from a variety of industry sources. E&P activities have been recovering since 3Q2020, despite the timidity as heard in the tone of the "surveyees" of the Dallas Fed. The rising E&P s...
Schlumberger's total revenues were $5.532 billion in 4Q'20. The North American region represented 21.1% of the total revenues. The World's top oilfield services provider expects a healthy recovery in the oil industry in 2021, which has begun already in the fourth quarter of 2020. ...
Halliburton posted $3.237 billion in revenue for the fourth quarter of 2020. North American revenues jumped 25.8% sequentially to $1.238 billion, and revenues from Halliburton's international operations grew slightly to $1.999 billion. Halliburton is a solid company that should be...
Big Picture Stocks started the week strongly before coming up for air on Friday. Concerns over rising coronavirus cases in China coupled with disappointing earnings reports from IBM (IBM) and Intel (INTC) weighed on risk assets early Friday. Major indexes trimmed losses later in today’...
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