Moody's changed its 2017 outlook on Oilfield Services to stable from negative.
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The chatter surrounding Halliburton CFO Mark McCollum's appointment as chief executive of Weatherford does not mean a deal between the two companies is imminent—not by a long shot.
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PTEN stock rose ~79% between December 31, 2015, and December 30, 2016, but its adjusted earnings were negative in 2016, so its PE ratio wasn't meaningful.
SLB : Summary for Schlumberger N.V. Common Stock - Yahoo Finance
Schlumberger Limited (SLB)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||77.56 - 78.45|
|52 Week Range||71.34 - 87.84|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-62.49|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|