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The S&P energy sector (XLE +1.0%) maintains modest gains while the other 10 industry groups continue to show sharp losses, even after crude oil prices pulled back from a strong early move that briefly lifted Brent crude above $80/bbl. WTI November crude (CL1:COM) -0.5% at $75.03/bbl ...
The broad market is notably lower over inflation worries and rising rates. So which S&P 500 Index stocks perform the best when the market is down and the VIX fear gauge is spiking? For today at least, five stocks stand out as defying the selling pressure. The biggest gainers in the S...
Schlumberger Limited (NYSE:SLB) will hold a conference call on October 22, 2021 to discuss the results for the third quarter ending September 30, 2021. The conference call is scheduled to begin at 9:30 am US Eastern time and a press release regarding the results will be issued at 7:...
The energy sector (XLE +3.5%) topped the S&P sector leaderboard for the second straight day, support by the continuing bounce in crude oil prices and from improved broader market sentiment. WTI November crude (CL1:COM) closed +1.5% to $73.30/bbl, scoring the highest settlement from the fr...
The rising demand for oil & gas equipment and services, owing to increased extraction activities across the major oil-producing countries, is expected to drive the industry’s long-term growth. Both Schlumberger Limited (SLB) and Baker Hughes Company (BKR) are well-placed to benefit...
The following slide deck was published by Schlumberger Limited in conjunction with this event. For further details see: Schlumberger (SLB) Presents At The Barclays CEO Energy Power Conference 2021 - Slideshow
Harding Loevner is an investment manager that invests primarily in publicly traded global equities. We were founded in 1989 by former managers for the Rockefeller family. Harding Loevner is a Delaware limited partnership. We operate independently of Affiliated Managers Group. The Glob...
Energy (XLE +3.2%) is the clear leader among today's S&P industry sectors, supported by a 3.4% surge in WTI October crude oil (CL1:COM) to $72.86/bbl, rising for the fourth straight session to its strongest level since late July. Both WTI and Brent crude (CO1:COM), +3% to $75.85/bbl, are ...
Updated estimates on oil equipment/services companies have led to new price targets from UBS - but still a clear favorite and least favorite among the names. The bank is updating models to account for several factors, including not only new company guidance and developments but also "incremen...
This strategic investment provides Schlumberger with access to the fast-growing stationary energy storage solutions market through differentiated technology Schlumberger New Energy announced today an investment and collaboration agreement to deploy EnerVenue’s uniquel...
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ILiAD Successfully Finalizes Funding Round With SLB Investment PR Newswire The Investment Solidifies ILiAD's Leading Role in Global DLE Deployment SAN DIEGO , July 31, 2024 /PRNewswire/ -- ILiAD Technologies, LLC, a subsidiary of EnergySource Minerals (ES...
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...