Oil Services

As an investor, we need a process to compare alternative opportunities in effort to maximize the productivity of capital and seek the best risk-adjusted returns. Sure, time frame matters and some investors can be more patient than the next another, but concepts like relative strength, trend...

The week’s trading is starting with a nightmare for oil prices as WTI-graded crude oil tumbles 3.6% on Monday, returning to its lowest level since late March. Why Is Crude Oil Plummeting? Production War Sparks Concerns of Market InstabilityOil prices are facing challenges as concerns mount...

This year has been a historically brutal year for oil stocks, with a pricing war between Russia and Saudi Arabia coupled with COVID-19 travel restrictions pushing WTI crude oil prices briefly into negative territory for the first time in history. However, the oil market has since stabilized, and...

Schlumberger Limited (NYSE: SLB) shares continued to climb after Friday’s third-quarter bottom-line beat despite fourth-quarter commentary from the company that analysts found “not inspiring.” Even with the lackluster guidance, sell-side analysts said the stock is still a buy, and...

Shares of Schlumberger Limited. (NYSE: SLB) are down about 50 percent over the past year and trading at a compelling valuation that offsets current concerns, according to Stifel. The Analyst Stifel's Stephen Gengaro upgraded Schlumberger from Hold to Buy and maintained a $50 price target. The...

What impact will higher than previously expected oil prices have on the North American oil field services sector? Investors can expect continued revenue growth for companies over time as oil prices should sustain levels north of $70 per barrel, according to Bernstein.  The Analyst Bernstein...

Conservative investors may want to consider buying shares of Baker Hughes, a GE company Class A (NYSE: BHGE), according to analysts at UBS. The firm's Angie Sedita initiated coverage of Baker Hughes' stock with a Neutral with a $36 price target as the company is a "different animal" than it was as...

Schlumberger Limited. (NYSE: SLB) reported its fourth quarter results in which the world's largest oilfield services company earned $0.27 per share on revenue of $7.11 billion. Wall Street analysts were expecting Schlumberger to earn $0.27 per share on $7.07 billion. The company's...

General Electric Company (NYSE: GE) hasn't been afraid to use its massive size and scope to pursue multi-billion acquisitions, even though the strategy has been criticized by a major investor. The company's latest large-scale M&A consists of buying the oil services giant Baker Hughes...

Following the recent decline in oil prices, analysts at Morgan Stanley are now projecting increased M&A activity within the Oil Services, Drilling & Equipment sectors. In a report published Monday, Morgan Stanley's Oil Services analyst Ole Slorer argued that the recent Schlumberger...