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2023-12-02 12:45:07 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips The top energy stocks are poised for a promising future, despite the global economic slowdown. Moreover, while immediate gains in the energy sector may seem modest, there’s a powerfu...
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 ...
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. ...
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...
2023-10-31 13:59:55 ET Summary "Double-barreled" oversold reading predicts higher returns in the S&P 500 240 days later, with an average return of 29%. Short-term performance following the signal is solid but not as strong, with a win rate of 81%. The double-barreled signa...
2023-10-31 12:36:08 ET Summary Schlumberger Limited exceeded analyst expectations with Q3 2023 adjusted earnings of $0.78 per share and total quarterly revenues of $8,310 million. The company's strong performance was driven by increased sales of drilling and oilfield equipment int...
2023-10-31 00:02:11 ET Summary Exxon Mobil and Chevron's massive acquisitions signal a significant shift and consolidation within the energy sector. XLE appears investible as its components sport improved financial health, solid profitability, and attractive valuations. That s...
2023-10-30 15:54:22 ET Summary SLB is one of the largest providers of fossil fuel production services, offering valuable insights into the industry. The company is attractively valued and poised to benefit from rebounding investment activity and higher-margin operations. The e...
2023-10-30 11:55:33 ET More on Schlumberger Schlumberger Q3 2023 Earnings Call Transcript SLB Steps Up To New Environment Schlumberger: Rising Oil Prices, Robust Growth, And AI Coming Together For further details see: SLB tapped by Eni for global methane ...
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Regulatory News: SLB (NYSE: SLB) today announced that it will proceed with a voluntary delisting of its shares (ISIN: AN8068571086) from Euronext Paris. Consistent with its prior decisions to delist from other exchanges, SLB reviewed the low trading volumes on the Euronext Paris and, give...
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...