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2023-07-14 23:21:04 ET SLB ( NYSE: SLB ) said Friday it is halting all shipments of products and technology into Russia "in response to the continued expansion of international sanctions." The world's largest oilfield equipment provider - formerly Schlumberger - said the Rus...
2023-07-14 15:00:24 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar ...
2023-07-12 10:26:29 ET Summary It's time to consider investing in offshore drilling service providers, to benefit from the unfolding upcycle, which is still in the early innings. Importantly, another newbuild cycle appears unlikely. Leading offshore drilling contractor Valaris may...
2023-07-11 18:50:56 ET Energy was Tuesday's easy winner on the S&P sector leaderboard, +2.2% with crude oil prices rebounding from the prior session's loss as expectations rise for the oil market to remain tight despite lingering growth concerns. The U.S. Energy Information Admi...
2023-07-10 05:47:34 ET Summary Schlumberger Limited is identified as an undervalued stock with potential for mid-term and long-term uptrend, based on regression models and technical analysis. SLB stock's current trading multiples are lower than predicted, indicating undervaluation...
2023-07-08 09:00:00 ET Summary The Taxable Account generated $2,111.31 of dividend income for June 2023 compared with $1,825.40 of dividend income for June 2022. The Taxable Account had a balance of $533.9K as of June 30, 2023, vs. $493.5K on June 30, 2022. The annualized cost bas...
2023-07-07 20:30:51 ET Energy stocks closed an otherwise mediocre week in strong fashion, as oil traders who have grappled with concerns over the global demand outlook may finally see signs of tightening in the oil market. Saudi Arabia and Russia started the week announcing fresh prod...
2023-07-06 18:50:29 ET Summary There is increasing evidence that the Permian Basin may peak soon; peak productivity per foot drilled may already be behind us. Analysts aren't paying enough attention to the paradigm shift that will ensue once this realization becomes mainstream. ...
Investments in AI and cloud-based technologies accelerate decision making and set the foundation for achieving decarbonization and net zero targets SLB (NYSE: SLB) has been awarded a five-year contract by Petrobras for an enterprise-wide deployment of its Delfi™ digital platform. T...
2023-06-28 15:53:28 ET With the office vacancy rate continuing to climb and the Federal Reserve Chair Jerome Powell insisting that the central bank is not yet done raising interest rates , office REIT stocks dropped in Wednesday trading at a steeper pace than real estate staock overall....
News, Short Squeeze, Breakout and More Instantly...
Long-term partnership will digitally transform Aker BP’s subsurface workflows to lower costs, shorten planning cycles and increase production more sustainably Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/n...
Collaborative field development to launch the first pre-salt Kwanza Basin project, offshore Angola Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240701201257/en/ SLB OneSubsea will collaborate wi...