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Oil Services Stocks Stage Historic Comeback – Expert Highlights An 'Accumulating Strength'
Wednesday, February 4, 2026 - 5:39pm | 934Read More...For nearly 20 years, energy names underperformed technology as capital chased scalability, innovation and margins. The tables are now turning. Oilfield services stocks have erupted into the spotlight in 2026, with the VanEck Oil Services ETF (NYSE:OIH) rallying nearly 30% year-to-date through Feb...
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Diving Industry Deep - Let's Look At Oil Services
Friday, September 1, 2023 - 2:10pm | 955Read More...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...
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Russia-Saudi Output Clashes, Goldman Forecast Cuts Shake The Market: 5 Oil Services Stocks That Are Weathering the Storm
Monday, June 12, 2023 - 12:51pm | 877Read More...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...
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Analyst Upgrades Oil Services Stocks, Predicts 'Doubling Of US Rig Activity'
Thursday, May 28, 2020 - 10:30am | 595Read More...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...
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Despite Lackluster Guidance, Analysts Still Bullish On Schlumberger
Monday, October 21, 2019 - 11:55am | 413Read More...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...
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Stifel Upgrades Schlumberger, Finds 6 Reasons To Turn Bullish
Friday, June 7, 2019 - 9:14am | 342Read More...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...
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Bernstein Upgrades Noble, Updates On North American Oil Players
Wednesday, June 6, 2018 - 11:51am | 558Read More...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...
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Baker Hughes, A Compelling Stock For The Conservative Investor
Thursday, October 19, 2017 - 10:36am | 467Read More...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...
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Schlumberger CEO Greets Investors With Some Brutal Honesty On Conference Call
Friday, January 20, 2017 - 11:29am | 252Read More...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...
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General Electric Has Made A Lot Of Acquisitions Over The Last Decade
Monday, October 31, 2016 - 10:52am | 316Read More...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...
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More To Come On The Oil M&A Front, Says Morgan Stanley
Monday, August 31, 2015 - 9:27am | 346Read More...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...












