Halliburton (HAL) Agrees on $1.1B Macondo Settlement - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 03, 3:40PM CDT
Halliburton Company (HAL) declared that it has agreed to pay approximately $1.1 billion as settlement fees for its involvement in the 2010 Macondo oil spill incident.
Why Halliburton's Settlement Is Great News for Shareholders
at The Street - Wed Sep 03, 2:24PM CDT
Halliburton’s shares have been struggling due to weak oil prices and investors aren’t really excited about its $1.1 billion settlement, but it is time to look beyond these issues.
3 Reasons National Oilwell Varco's Stock Could Rise
Tyler Crowe, The Motley Fool - Motley Fool - Wed Sep 03, 9:36AM CDT
National Oilwell Varco has one thing that hundreds of companies on the market wish they had: the blessing of Warren Buffett as part of his Berkshire Hathaway portfolio. Unlike many of the consumer facing, brand name companies in the Berkshire...
Stock Market News for September 03, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Wed Sep 03, 9:10AM CDT
Benchmarks began September mostly in the red after a drop in crude oil prices impacted the energy sector
Halliburton reaches $1B Gulf oil spill settlement
By KEVIN McGILL and JONATHAN FAHEY - AP - Tue Sep 02, 10:04PM CDT
NEW ORLEANS (AP) — Halliburton's agreement to pay more than $1 billion to settle numerous claims involving the 2010 BP Gulf of Mexico oil spill could be a way for the company and victims of the spill to avoid years of costly litigation — if all the pieces fall into place.
Halliburton settles litigation
at Investor's Business Daily - Tue Sep 02, 5:39PM CDT
The oilfield service provider will pay $1.1 bil to settle the majority of lawsuits filed against it for the Deepwater Horizon disaster. The deal is still subject to approval by a U.S. district court and doesn't include some state lawsuits....
Business Highlights
By The Associated Press - AP - Tue Sep 02, 4:43PM CDT
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Baker Hughes US Rig Count Up by 18, Land-Based Rigs Rise - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 2:50PM CDT
Baker Hughes Inc. (BHI) counted 18 more rigs searching for oil and gas in the U.S.
How U.S. Silica Got On Target to Double Its Earnings by 2016
at The Street - Tue Sep 02, 12:53PM CDT
U.S. Silica isn’t cheap, but investors need to keep an eye on this rapidly growing sand producer.
Halliburton Will Pay $1.1 Bil To Settle Gulf Spill
at Investor's Business Daily - Tue Sep 02, 11:07AM CDT
Halliburton (HAL) said Tuesday it will pay $1.1 billion to settle the majority of lawsuits filed against it for the 2010 Deepwater Horizon disaster. The Houston-based company, which provided the cementing for the well, said the settlement is still...
How Will Halliburton (HAL) Stock Respond To $1.1 Billion Gulf Of Mexico Spill Claims Settlement?
at The Street - Tue Sep 02, 9:26AM CDT
The company reached an agreement to settle a substantial majority of the plaintiffs' class claims as a result of the 2010 Macondo well incident in the Gulf of Mexico.
Next Resistance Level for Halliburton (HAL) is $68.00
Comtex SmarTrend(R) - Tue Sep 02, 9:00AM CDT
Halliburton (NYSE:HAL) has opened bullishly above the pivot of $67.48 today and has reached the first level of resistance at $67.80. Should the shares continue to rise, the resistance pivots of $68.00 and $68.52 will be of interest.
Halliburton Reaches Settlement on Claims Related to Macondo
Business Wire - Tue Sep 02, 8:01AM CDT
Halliburton (NYSE: HAL) today announced that it has reached an agreement to settle a substantial majority of the plaintiffs' class claims asserted against the company as a result of the April 20, 2010 Macondo well incident in the Gulf of Mexico. The approximately $1.1 billion settlement, which includes legal fees, is subject to approval by the United States District Court for the Eastern District of Louisiana, and will be paid into a trust until all appeals have been resolved in three installments over the next two years. The company's previously accrued loss contingency provision relating to the multi-district litigation proceedings is currently $1.3 billion.
Russian Gas Won't Sate China's Massive Energy Appetite
Reuben Brewer, The Motley Fool - Motley Fool - Sat Aug 30, 10:43AM CDT
Russia's aggressive moves in Ukraine have led to some deals that might not have otherwise happened. One of the biggest being an agreement to send Russian natural gas to China. That gives Russia a market into which to sell gas if energy relations with...
Chevron, Schlumberger the Early-Bird Winners of Mexico’s Oil Reforms
at The Street - Sat Aug 30, 8:30AM CDT
Schlumberger and Chevron are the earliest beneficiaries as the Pemex monopoly is broken.
Environmentally Friendly Fracking Fluids: The Next Energy Breakthrough?
Arjun Sreekumar, The Motley Fool - Motley Fool - Fri Aug 29, 9:00AM CDT
One of the biggest complaints against hydraulic fracturing, or "fracking" -- the process of injecting high-pressure fluids to release hydrocarbons trapped in deep shale reservoirs -- is that it harms the environment. Even as fracking has helped...
Technical Insight on Oil and Gas Equipment and Services Equities -- Halliburton, Schlumberger, McDermott Intl., National Oilwell Varco, and Key Energy Services
PR Newswire - Fri Aug 29, 8:00AM CDT
On Thursday, August 28, 2014, the NASDAQ Composite ended at 4,557.70, down 0.26%, the Dow Jones Industrial Average declined 0.25%, to finish the day at 17,079.57, and the S&P 500 closed at 1,996.74, down 0.17%. The losses were broad based as seven out of ten sectors ended the session in negative. The S&P 500 Energy Sector Index ended the day at 712.27, down 0.05%, while the index has advanced 3.34% in the previous three months. Investor-Edge has initiated coverage on the following equities: Halliburton Company (NYSE: HAL), Schlumberger Ltd (NYSE: SLB), McDermott International Inc. (NYSE: MDR), National Oilwell Varco Inc. (NYSE: NOV), and Key Energy Services Inc. (NYSE: KEG). Free research on these five companies can be accessed at:
Most active New York Stock Exchange-traded stocks
AP - Thu Aug 28, 5:02PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
Halliburton (HAL) Breaks Through Support at $67.76
Comtex SmarTrend(R) - Thu Aug 28, 9:00AM CDT
Shares of Halliburton (NYSE:HAL) opened today below their pivot of $68.79 and have already reached the first level of support at $67.76. Should the shares continue to fall, the support pivots of $67.05 and $65.31 will be of interest.
Technical Updates, Upcoming Event, and Conference Schedule - Research Reports on ExxonMobil, Schlumberger, Halliburton, Chevron and Monsanto
PR Newswire - Thu Aug 28, 7:50AM CDT
Today, Analysts Review released its research reports regarding Exxon Mobil Corporation (NYSE: XOM), Schlumberger Limited (NYSE: SLB), Halliburton Company (NYSE: HAL), Chevron Corporation (NYSE: CVX) and Monsanto Company (NYSE: MON). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6039-100free.