38.58 0.00 (0.00%)
After hours: 4:54PM EDT
|Bid||38.30 x 500|
|Ask||38.79 x 500|
|Day's Range||37.38 - 38.73|
|52 Week Range||29.90 - 41.38|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.20 (0.49%)|
|1y Target Est||N/A|
The oil price recovery has incentivized most oil companies to fire up the rigs, but only the best prepared will stand out in the next oil boom
Chevron (CVX) approved the $5.1 billion expansion of its Gorgon LNG project in Australia, while McDermott International (MDR) and National Oilwell Varco (NOV) provided contrasting Q1 updates.
From 4Q16 to 4Q17, the companies constituting the Energy Select Sector SPDR ETF (XLE) increased their capex 9%. XLE tracks an index of US energy companies in the S&P 500 Index. Baker Hughes, a GE Company (BHGE), is 1.0% of the Energy Select Sector SPDR ETF (XLE). In the past year, crude oil prices increased ~26%. Higher crude oil prices can lead to higher exploration and production activities by upstream producers, which in turn can boost oilfield services companies like Baker Hughes’s revenues and earnings in 1Q18.
National Oilwell Varco warned on its Q1 revenue Monday, citing "reduced progress on new offshore rig construction."
On April 13, 2018, Schlumberger’s (SLB) implied volatility was 26.6%. Schlumberger released its 4Q17 financial results on January 19, 2018. Since that date, Schlumberger’s implied volatility has increased from 21.0% to 26.6%. Since January 19, SLB’s stock price has fallen nearly 11.0%.
National Oilwell Varco Inc. warned that first-quarter revenue would miss current expectations, as customers deferred deliveries and delayed making new order commitments. The stock was still inactive in ...
In 1Q18, analysts expect an adjusted EPS (earnings per share) of $0.37 for Schlumberger (SLB). Wall Street analysts expect Schlumberger’s adjusted earnings to decrease 23% in 1Q18 from the adjusted EPS of $0.48 in 4Q17. Despite strong business from North America, Schlumberger’s management expects that higher operational costs in Russia and the North Sea in Europe, the high costs associated with rig reactivation of idle capacity, and equipment repositioning costs in Schlumberger’s international operations could cause Schlumberger’s 1Q18 earnings to decline. ...
National Oilwell (NOV) expects to deliver year-over-year growth of 12% and 162% in its revenues and earnings, respectively, in 2018.
Between January 19, 2018, when Schlumberger’s (SLB) 4Q17 financial results were released, and April 6, 2018, its implied volatility rose from 21% to 30.7%, and its stock price fell ~16%. SLB makes up 3.3% of the SPDR S&P Oil & Gas Equipment & Services ETF (XES), which provides exposure to the oil and gas equipment and service segment of the energy sector. XES fell ~21% between January 19 and April 6. Schlumberger’s seven-day stock price forecast
National Oilwell Varco Inc’s (NYSE:NOV): National Oilwell Varco, Inc. designs, manufactures, and sells systems and components used in oil and gas drilling and production; and provides oilfield services to theRead More...
Examining Novina Alternatywna Spólka Inwestycyjna Spólka Akcyjna’s (WSE:NOV) past track record of performance is a useful exercise for investors. It allows us to reflect on whether the company has metRead More...
In this part, we’ll analyze the top percentage gainers from the oilfield services sector in the US for the current week starting on March 19, 2018. To compile the list of the top oilfield services gainers, we used oilfield services companies with market capitalization of greater than $100 million and an average volume greater than 100,000 shares last week. In the week starting on March 19, 2018, CARBO Ceramics (CRR) was the top gainer from the oilfield services group.
Seventeen new technologies from 15 companies were named Spotlight on New Technology award winners.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding NOV totaled $4.01 billion.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. There is no PMI sector data available for this security.