|Bid||0.00 x 2200|
|Ask||0.00 x 900|
|Day's Range||40.52 - 41.57|
|52 Week Range||29.90 - 45.08|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 26, 2018|
|Forward Dividend & Yield||0.20 (0.49%)|
|1y Target Est||36.58|
A company’s net debt is its aggregate short- and long-term debt minus cash and cash equivalents. Schlumberger’s (SLB) net debt increased 20% in the first quarter from a year ago. Its net debt amounted to ~$13.9 billion in Q1 2018. Sequentially, SLB’s net debt increased 6%. Check out all the data we’ve added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, and historical data as well as dividend info. Take a look! Schlumberger’s debt
In this analysis, my focus will be on developing a perspective on Novina Alternatywna Spólka Inwestycyjna Spólka Akcyjna’s (WSE:NOV) latest ownership structure, a less discussed, but important factor. The impactRead More...
In this final part of the series, we’ll look at Wall Street’s targets for OFS (oilfield equipment and services) stocks that produced the lowest free cash flows (or FCF) in the first quarter. Approximately 13% of the Wall Street analysts tracking National Oilwell Varco (NOV) have recommended a “buy” or equivalent as of May 18. Analysts’ consensus target price for NOV was $36.30 as of March 23.
Short interest in TechnipFMC (FTI) as a percentage of its float was 1.9% as of May 18 compared to 2% the previous year. Since May 18, 2017, short interest in FTI has decreased 6%. So investors’ negative bets on FTI have decreased in the past year. Since May 18, 2017, FTI stock has risen ~7%.
In this series, we’ve been looking at the lowest five OFS (oilfield equipment and services) companies by free cash flow (or FCF) for the first quarter. In this part, we’ll look at their stock returns for the past year.
In the first quarter, its CFO decreased due to increases in accounts receivable and inventory and a decrease in accrued liabilities due to delayed orders and deferred deliveries. National Oilwell Varco’s capex decreased 7% in the first quarter over the first quarter of 2017.
In this series, we’ll be looking at the lowest five free cash flow (or FCF) companies in the first quarter for the OFS (oilfield equipment and services) industry, excluding offshore drillers. We’ve selected OFS companies with market capitalizations of more than $100 million. Free cash flow is cash flow from operations less capex.
NOV has yet to reach my $55 price target but that could happen soon enough after the upside breakout this month. In this daily bar chart of NOV, below, we can see how prices have strengthened since August. The daily On-Balance-Volume (OBV) line has moved up with the price action and signals aggressive buying.
On May 22, the API is scheduled to release its weekly crude oil inventory report. On May 23, the EIA is scheduled to release its US crude oil production data. Baker Hughes, a GE Company (BHGE), is scheduled to release its US oil rig count report on May 25.
On May 18, Schlumberger’s (SLB) implied volatility was 19.9%. Schlumberger released its first-quarter financial results on April 20. Since then, Schlumberger’s implied volatility has fallen from 24.1% to this level. Since April 20, SLB’s stock price has risen 7.3%. SLB makes up 3.0% of the SPDR S&P Oil & Gas Equipment & Services ETF (XES). XES provides exposure to the oil and gas equipment and services segment of the energy sector. XES has risen 12% since April 20. Schlumberger’s seven-day stock price forecast
Baker Hughes, a GE Company (BHGE), released its US crude oil and natural gas rig count report on May 18. Baker Hughes reported that US crude oil rigs were flat at 844 on May 11–18—the highest level since March 13, 2015. The rigs have also risen by 132 or ~18.5% from a year ago.
In this part, we’ll analyze the top percentage gainers from the oilfield services sector in the US in the week starting on May 14. To compile the list of the top oilfield services gainers, we used oilfield services companies with market capitalizations of greater than $100 million and an average volume greater than 100,000 shares last week.
National Oilwell Varco, Inc. will hold a conference call to discuss its second quarter 2018 results on Friday, July 27, 2018 at 10 a.m. . NOV will issue a press release with the Company’s results after the market closes for trading on Thursday, July 26, 2018.
As of May 10, short interest in Helix Energy Solutions Group (HLX) as a percentage of its float was 4.7% compared to 5.6% as of May 10. Since May 10, 2017, short interest in HLX has gone down 15%. So, investors decreased negative bets on HLX in the past year. Since May 10, HLX’s stock price has risen ~33%.
National Oilwell Varco, Inc. today announced that its Board of Directors declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on June 29, 2018 to each stockholder of record on June 15, 2018.
In this article, we’ll look at Wall Street analysts’ targets for our selected oilfield equipment and services stocks. Analysts expect Baker Hughes (BHGE) to deliver positive returns, while National Oilwell Varco (NOV) is expected to deliver negative returns over the next 12 months. Baker Hughes’s recommendations
Short interest in Baker Hughes (BHGE) as a percentage of its float was 5.4% on May 7 compared to 2.9% a year ago on May 8, 2017. Since May 8, 2017, short interest in BHGE stock has risen 81%, so investors’ negative bets on BHGE have increased significantly in the past year.
We’ll now analyze the correlations of Baker Hughes (BHGE) stock and National Oilwell Varco (NOV) stock with WTI (West Texas Intermediate) crude oil’s price.
This Friday, WallStEquities.com has initiated reports coverage on the following Oil & Gas Equipment & Services equities: Basic Energy Services Inc. (NYSE: BAS), MRC Global Inc. (NYSE: MRC), National Oilwell Varco Inc. (NYSE: NOV), and Newpark Resources Inc. (NYSE: NR). All you have to do is sign up today for this free limited time offer by clicking the link below.
In this article, we’ll compare the relative valuation multiples of Baker Hughes (BHGE) and National Oilwell Varco (NOV). For the purpose of this comparison, we’ve also included Schlumberger (SLB) and Halliburton (HAL) in our analysis.
In this series, we’ll compare Baker Hughes, a GE company (BHGE), and National Oilwell Varco (NOV), two of the top market cap OFS (oilfield equipment and services) companies based on their balance sheet strength, market indicators, and relative valuation multiples. We’ll start our discussion by comparing these companies’ net debts in 1Q18. Comparing debt profiles
From 1Q17 to 1Q18, the companies in the Energy Select Sector SPDR ETF (XLE) increased the capex 8.1% in aggregate. XLE tracks an index of US energy companies in the S&P 500 Index. Baker Hughes, a GE Company (BHGE), accounts for 1.2% of XLE. In the past year, crude oil prices increased ~52%. Higher crude oil prices can lead to higher exploration and production activities for upstream producers, which could boost OFS (oilfield equipment and services) companies’ revenues and earnings in 2Q18. Baker Hughes’s EBITDA margin
In this part, we’ll discuss Baker Hughes, a GE Company (BHGE), and National Oilwell Varco’s (NOV) FCF (free cash flow) growth in 1Q18. FCF is the CFO (cash flow from operations) less the capex.
In this part, we’ll compare Baker Hughes, a GE Company (BHGE), and National Oilwell Varco’s (NOV) capex growth in 1Q18. Baker Hughes recorded ~133% capex growth in 1Q18 compared to 1Q17. In 1Q18, Baker Hughes spent ~$177 million on the capex compared to $76 million the previous year.