3.37 -0.04 (-1.17%)
After hours: 4:00PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||3.26 - 3.46|
|52 Week Range||2.26 - 4.12|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
On a per-share basis, the Calgary, Alberta-based company said it had a loss of 5 cents. The results met Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research ...
Canadian rig contractor Precision Drilling Corp, reported a smaller-than-expected loss on Thursday as its U.S. clients deployed more of the company's rigs to take advantage of rising oil prices. "As a result of increased demand in our U.S. operations, we are increasing our projected capital spending by C$22 million," Chief Executive Kevin Neveu said, adding that about half of that would be used to expand and upgrade the drilling fleet. Net loss narrowed to C$18.1 million ($14.09 million), or 6 Canadian cents per share, in the first quarter ended Mar. 31, from net loss of C$22.6 million ($17.61 million), or 8 Canadian cents per share, a year earlier.
Between April 16 and April 23, Halliburton (HAL) stock’s price correlation with crude oil was 0.99, showing that Halliburton and crude oil prices have been strongly correlated in the past week. Meanwhile, Halliburton’s correlation with the VanEck Vectors Oil Services ETF (OIH), which comprises 25 oilfield equipment and service stocks, was 0.95.
In this article, we’ll look at Wall Street analysts’ forecasts for Baker Hughes, a GE Company (BHGE), before its 1Q18 earnings. Analysts’ rating for Baker Hughes
The correlation coefficient between Baker Hughes, a GE Company’s (BHGE), stock price and crude oil prices from April 12, 2017, to April 12, 2018, was -0.06. This level indicates a negative relationship between Baker Hughes’s stock and crude oil prices. A negative correlation means the stock’s price moved inverse to the crude oil’s price movement.
Halliburton’s (HAL) stock price correlation coefficient with crude oil’s price on April 6–13, 2018, was 0.48. Halliburton and crude oil prices had a strong correlation in the past week.
Halliburton (HAL) stock’s correlation coefficient with the price of crude oil from March 29, 2018, to April 6, 2018, was 0.95. That shows that Halliburton and crude oil were strongly correlated in the past week.
On a per-share basis, the Calgary, Alberta-based company said it had a loss of 13 cents. Losses, adjusted for pretax expenses and asset impairment costs, were 6 cents per share. The results exceeded Wall ...
Zacks.com highlights: Hecla Mining, Cloud Peak Energy, Celsion, QuickLogic and Precision Drilling
The West Texas Intermediate (or WTI) crude oil price has gone higher by 12% since December 30, 2016. In fact, the crude oil price has gone up significantly since the end of June 2017.
Crude oil price’s correlation coefficient with Halliburton’s (HAL) stock price on December 15–22, 2017, was 0.59.
As of December 12, 2017, short interest in National Oilwell Varco (NOV) as a percentage of its float was 8.3% compared to 8.5% on September 29, 2017.
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Precision Drilling Corp.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bearish ... Read more (Read more...)
Categories: Fundamental Analysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Precision Drilling Corp. a score of 56. Our analysis is based on comparing Precision Drilling Corp. with the following peers – Patterson-UTI Energy, Inc., Helmerich & Payne, Inc., Pioneer Energy Services Corp., Nabors Industries Ltd., Parker Drilling Company, Unit Corporation and Trinidad Drilling Ltd. (PTEN-US, HP-US, PES-US, ... Read more (Read more...)