Things Are Bad For Drillers - Real Bad... So Why Are They Trading Higher?
MyTradingIncome - Seeking Alpha - Sat Apr 25, 11:50AM CDT
It's no secret that things are bad for oil drilling companies. U.S. crude oil prices have experienced a tremendous 58% decline from the high of $107.22 last May to the recent low of $45.42. While oil prices have rebounded moderately in recent weeks,...
HAL: 48.00 (-0.17), WFT: 14.16 (-0.05), COP: 67.51 (-0.75), SLB: 91.61 (-1.44), BHI: 68.09 (-0.28)
Schlumberger (SLB) Approaches New Downside Target of $91.48
Comtex SmarTrend(R) - Fri Apr 24, 11:48AM CDT
Shares of Schlumberger (NYSE:SLB) have bearishly opened below the pivot of $93.10 today and have reached the first support level of $92.27. Investors may be interested in a cross of the next downside pivot targets of $91.48 and $89.86.
SLB: 91.61 (-1.44)
Weatherford: Disappointment Returns
Stone Fox Capital - at Seeking Alpha - Fri Apr 24, 11:41AM CDT
WFT: 14.16 (-0.05), HAL: 48.00 (-0.17), SLB: 91.61 (-1.44), BHI: 68.09 (-0.28)
Insider Trading Alert - MAIN, SLB And KMX Traded By Insiders
at The Street - Fri Apr 24, 9:45AM CDT
Stocks with insider trader activity include MAIN, SLB and KMX
KMX: 69.97 (-0.75), MAIN: 31.39 (+0.09), SLB: 91.61 (-1.44)
South America Coiled Tubing Market by Services (Well Intervention, Drilling & others), By Application (Onshore &Offshore), By Countries - Regional Trend & Forecast to 2019
M2 - Fri Apr 24, 9:35AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6ngjbr/south_america) has announced the addition of the "South America Coiled Tubing Market by Services (Well Intervention, Drilling & others), By Application (Onshore &Offshore), By Countries - Regional Trend & Forecast to 2019 " report to their offering. The South American coiled tubing market is estimated to grow at a CAGR of 6.6 % from 2014 to 2019 Although Brazil has the largest market share of 28% in the South American coiled tubing market, the Rest of South America segment (including emerging countries such as Argentina and Columbia) is expected to grow at the fastest CAGR of 7.2% during the forecast period, 2014 to 2019. The growth of the coiled tubing market depends on several factors, including the increasing energy demand in the region. This energy demand can be fulfilled by discovering and developing new reservoirs and by improving production from existing ones. Other factors include introduction of new technologies, innovations, and improvements in existing services. Factors such as strict environmental regulations, government policies, and high competition compel companies to adopt new and better services for drilling and production. The discovery of new oil fields in South America is creating more growth opportunities for CT companies in South America. Brazil is an important market in the South American region, having accounted for a market share of 28% in 2013. The Brazilian coiled tubing market is dominated by various international players. In this report, the South American coiled tubing market has been broadly classified on the basis of type, application, and geography. The applications areas are offshore and onshore. Brazil, Venezuela, and Rest of South America have been considered for the geographic analysis of the South American market. Among the sub-segments of the coiled tubing market, the well intervention segment was valued at $232.0 million in 2013 and is estimated to reach $348.6 million by 2019. The high exploration and development activities, along with the use of secondary and tertiary methods to improve the recovery from wells, have led Venezuela to be the largest contributor in the well intervention segment of South America. The Argentine segment is expected to grow at the fastest rate from 2014 to 2019, to reach $91.1 million by 2019, from $58.1 million in 2013. Companies Mentioned - Aker Solutions ASA - Baker Hughes Inc. - Calfrac Well Services - Halliburton Co. - Schlumberger Ltd. - Trican Well Service - Weatherford International Plc For more information visit http://www.researchandmarkets.com/research/6n...th_america
WFT: 14.16 (-0.05), SLB: 91.61 (-1.44), BHI: 68.09 (-0.28)
Oil and Gas Executives Resign Themselves to Years of Low Prices
at The Street - Fri Apr 24, 9:31AM CDT
Executives at big oil and gas companies discuss the new reality of low oil prices, and the glut of industry assets for sale.
XOM: 86.97 (-0.57), COP: 67.51 (-0.75), BP: 43.46 (-0.14), SLB: 91.61 (-1.44)
North America Oilfield Equipment Rental Market 2015-2019 - Drilling Equipment (Pressure & Flow Control Equipment, Fishing Equipment, Other), Application (Onshore, Offshore)
M2 - Fri Apr 24, 9:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/wmsbtp/north_america) has announced the addition of the "North America Oilfield Equipment Rental Market by Drilling Equipment (Pressure & Flow Control Equipment, Fishing Equipment, Other Equipment), by Application (Onshore, Offshore), by Country - Analysis and Forecast to 2019" report to their offering. The fishing equipment segment of the North America oilfield equipment rental market is estimated to grow at a CAGR of 3.8% from 2014 to 2019. In 2014, the U.S. held the largest market share of 77.4% in the North American oilfield equipment rental market, and is projected to grow at a CAGR of 3.1% for the next five years. The report has profiled the leading players of the market along with recent developments (new product launch, merger & acquisition, expansion and partnership, agreement, collaboration, and joint venture) done by companies over the past four years, and strategies adopted to sustain and strengthen their position in the North American oilfield equipment rental market. FMC Technologies (U.S.), Oil States International (U.S.), Parker Drilling (Quail Tools) (U.S.), and Schlumberger Ltd. (U.S.) are some of the key players engaged in this market. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Market Overview 5 Oilfield Equipment Rental Market, By Application 6 Oilfield Equipment Rental Market, By Equipment Type 7 Oilfield Equipment Rental Market, By Geography 8 Oilfield Equipment Rental Market: Competitive Landscape 9 Oilfield Equipment Rental Market, By Company - Basic Energy Services - Halliburton - Oil States International Inc. - Parker Drilling Company - Schlumberger Ltd. - Seventy Seven Energy Services - Superior Energy Services - Weatherford International For more information visit http://www.researchandmarkets.com/research/wm...th_america
OIS: 43.24 (-0.61), WFT: 14.16 (-0.05), PKD: 3.98 (-0.19), FTI: 40.01 (-1.41), SSE: 4.53 (-0.08), SPN: 23.61 (-0.63), SLB: 91.61 (-1.44)
Stock Market News for April 24, 2015 - Market News
Zacks Equity Research - Zacks Investment Research - Fri Apr 24, 9:10AM CDT
Benchmarks posted modest gains on Thursday amid gains in energy shares, mixed earnings reports and weak economic data
Don't Count Out Oil Services Stocks Just Yet
Tyler Crowe and Sean O'Reilly, The Motley Fool - Motley Fool - Fri Apr 24, 8:33AM CDT
The bulk of the results are in from the oil and gas services sector, and Industry Focus brings you an investor's-eye view of what it all means. International exposure was an advantage this time around; Tyler Crowe discusses the differences between ...
HAL: 48.00 (-0.17), FTI: 40.01 (-1.41), SLB: 91.61 (-1.44), CLB: 124.69 (-0.63), BHI: 68.09 (-0.28)
Asia-Pacific Drilling and Completion Fluids Market 2015-2019 - Type, by Application, by Country Analysis and Forecast with M-I SWACO & Halliburton Dominating
M2 - Fri Apr 24, 5:56AM CDT
Research and Markets (http://www.researchandmarkets.com/research/jmlpc9/asiapacific) has announced the addition of the "Asia-Pacific Drilling and Completion Fluids Market by Type (Water-Based, Synthetic-Based, Oil-Based, Others), by Application (Onshore, Offshore), by Country - Analysis and Forecast to 2019 " report to their offering. The Asia-Pacific drilling & completion fluid market, by application is estimated to grow at a CAGR of 4.7% from 2014 to 2019 to reach $2,223.5 million by 2019 Drilling and completion fluids are among the most essential requirements for any drilling activity, whether carried out in onshore or offshore areas. Drilling and completion fluids serve many purposes in drilling activities; the fluids facilitate the drilling process by suspending cuttings, controlling pressure, stabilizing exposed rock, providing buoyancy, and cooling and lubricating. Even though China holds the largest share in the Asia-Pacific drilling and completion fluid market, the Indonesian segment is expected to grow at the fastest CAGR of 5.7% during the forecast period of 2014 to 2019. The water-based fluid segment holds the largest market share in the Asia-Pacific region, among the fluid types (on the basis of the base fluid used). In this report, the Asia-Pacific drilling & completion fluid market has been broadly classified in terms of based fluid, application, and geography. In 2013, the Asia-Pacific market was dominated by M-I SWACO (a part of Schlumberger Ltd.), Halliburton Co., Baker Hughes Inc., NewPark Resources, and Tetra Technologies Inc., among others. M-I SWACO is the leading provider of technology, integrated project management, and drilling & completion fluids in the Asia-Pacific market. It has strong presence in the water-based, oil-based, and synthetic-based segments of the market. The competitive strategies of the company include acquisitions, joint ventures, and investments in research & development. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Market Overview 5 Asia-Pacific Drilling & Completion Fluid Market, By Application 6 Asia-Pacific Drilling & Completion Fluid Market, By Base Fluid 7 Asia-Pacific Drilling and Completion Fluid Market, By Geography 8 Asia-Pacific Drilling and Completion Market: Competitive Landscape 9 Asia-Pacific Drilling and Completion Fluid Market, By Company - Baker Hughes Inc. - Global Drilling Fluids & Chemicals Ltd. - Halliburton - M-I Swaco - National Oilwell Varco - Newpark Resources Inc. - Scomi Group Bhd - Tetra Technologies Inc. - Weatherford International Ltd For more information visit http://www.researchandmarkets.com/research/jm...siapacific
WFT: 14.16 (-0.05), NR: 10.45 (-0.14), SLB: 91.61 (-1.44), BHI: 68.09 (-0.28)
Global Artificial Lift Pumps Market 2015-2019 with Baker Hughes, GE Energy, Schlumberger & Weatherford International Dominating
M2 - Fri Apr 24, 3:10AM CDT
Research and Markets (http://www.researchandmarkets.com/research/tbrjsz/global_artificial) has announced the addition of the "Global Artificial Lift Pumps Market 2015-2019" report to their offering. The Global Artificial Lift Pump market to grow at a CAGR of 8.95% over the period 2015-2019 Artificial lift pumps are used in oil wells to increase the pressure within the reservoir and encourage oil to move to the surface. When the natural force of the well is not strong enough to push the oil to the surface, an artificial lift pump is employed. Globally, more than 70 percent of oil wells have lost natural pressure and are in their mature phase. Advances in technologies are the important trend emerging in the market. Incorporation of new technology in artificial lift pumps through continuous R&D will help the market to grow in the future. New technologies such as WRESP and High GLR ESP are field tested to overcome existing defects in artificial lift pumps. According to the report, need for high crude oil production from existing fields is one key factor driving the market. Crude oil is one of the important energy resources. Hence, rapid urbanization and industrialization in developing countries have resulted in need for more energy sources. Demand for crude oil is rising every year leading to increased production. Further, the report states that deferment of investment decisions is one key challenge hindering market growth. The price of oil has nearly halved in 2014 leading to reduced revenues and inventory write-off forcing oil exploration companies to reduce and postpone major investment decisions The Global Artificial Lift Pumps market includes the following major product segments: ESP Systems, Rod Lift Systems, PCP Systems, Gas Lift Systems, Plunger Lift Systems, Hydraulic Lift Systems, and Others. Key Vendors - Baker Hughes - GE Energy - Schlumberger - Weatherford International Other Prominent Vendors - Borets - Dover - Jsc Alnas - National Oilwell Varco - Norris Production Solutions - Tenaris Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Market Segmentation by Technology - Geographical Segmentation - Key Leading Countries - Buying Criteria - Market Growth Drivers - Drivers and their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and their Impact - Vendor Landscape - Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/tb...artificial
WFT: 14.16 (-0.05), SLB: 91.61 (-1.44)
U.S. Shale Oil: A Grand Parade Of Cost Improvements
Richard Zeits - at Seeking Alpha - Thu Apr 23, 1:26PM CDT
HK: 1.57 (-0.04), HAL: 48.00 (-0.17), SN: 13.58 (-0.05), HP: 74.42 (-0.91), TPLM: 5.51 (+0.08), SLB: 91.61 (-1.44)
Chipotle Will Sizzle Again - Cramer's Mad Money (4/22/15)
SA Editor Mohit Manghnani - Seeking Alpha - Thu Apr 23, 6:28AM CDT
Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Wednesday, April 22. Cramer started believing in fairy tales when it comes to the stock market. "Turnarounds are like fairy tales, they rarely come true. Yet...
KO: 40.89 (-0.06), MNST: 141.78 (+1.42), FEYE: 44.03 (+0.10), CYBR: 66.78 (+0.16), GMCR: 115.05 (+1.50), HAL: 48.00 (-0.17), WMT: 79.84 (+0.66), SLB: 91.61 (-1.44), YHOO: 44.52 (+0.83), FSLR: 63.43 (-1.32), IBM: 169.78 (-0.46), SUNE: 26.61 (-0.89), TGT: 82.70 (+0.77), MCD: 98.74 (+1.74), SIX: 51.08 (+1.20), FTNT: 38.68 (-0.04), YUM: 87.10 (+3.03), BABA: 84.57 (+2.29)
Revisit Your Energy-Income Strategy
Adam Aloisi - at Seeking Alpha - Wed Apr 22, 12:11PM CDT
MLPC: 25.10 (+0.09), KMI: 44.34 (-0.23), USO: 19.67 (-0.09), DVN: 66.50 (+0.20), SE: 37.79 (-0.27), IRR: 8.98 (-0.02), CBA: 16.19 (-0.02), HAL: 48.00 (-0.17), XOM: 86.97 (-0.57), COP: 67.51 (-0.75), SDRL: 11.39 (-0.26), SLB: 91.61 (-1.44), GGN: 7.32 (-0.01), FEI: 20.39 (-0.05), ESV: 24.04 (-0.23), BGR: 21.30 (-0.21), APA: 66.32 (-2.03), BP: 43.46 (-0.14)
3 Basic Materials Stocks Pushing The Sector Higher
at The Street - Wed Apr 22, 12:03PM CDT
TheStreet highlights 3 stocks pushing the basic materials sector higher today.
EOG: 96.72 (-1.55), XOM: 86.97 (-0.57), SLB: 91.61 (-1.44)
Middle East Drilling Waste Management Market 2015-2019 - Service (Solid Control, Containment & Handling, Treatment & Disposal), by Application (Onshore, Offshore ) & by Country
M2 - Wed Apr 22, 11:12AM CDT
Research and Markets (http://www.researchandmarkets.com/research/d9c4s6/middle_east) has announced the addition of the "Middle East Drilling Waste Management Market by Service (Solid Control, Containment & Handling, Treatment & Disposal), by Application (Onshore, Offshore ), by Country - Analysis and Forecast to 2019" report to their offering. Waste management plays an important role in the process of drilling, as drilling fluid circulates drill cuttings from the wellbore and also cools the drill bit. It also reduces the friction inside the well bore and helps in managing the fluid and cuttings during and after their return. Finally, when the drilling is completed, the cuttings and fluids are further processed and disposed of to eliminate or minimize any harmful effects on the environment. This report segments the Middle East Drilling Services Market on the basis of services (solids control, containment & handling, and treatment & disposal), applications (onshore & offshore), and countries (Saudi Arabia, Oman, Kuwait, Qatar, and Abu Dhabi). The Oman market held the largest share of 32% of the ME Drilling Waste Management market in 2013. Qatar is estimated to register the highest CAGR of 6.2% between 2014 and 2019 during the forecast period. The market is growing due to the substantial amount of E&P activity in the offshore regions of Middle East. Private players are investing more in this region to avail higher returns which is acting as a growth factor for the oil & gas industry. This, in turn, boosts the market for drilling waste management services as well. The drilling waste management market analyzed in this report is based on the waste management hierarchy, that is, solids control, containment & handling, and treatment & disposal. The drilling waste management market has been segmented into five countries, namely Saudi Arabia, Oman, Kuwait, Qatar, and Abu Dhabi. The market has been further segmented on the basis of services for waste management in the drilling activities, and has been split on the basis of applications (onshore & offshore). Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Market Overview 5 Middle East Drilling Waste Management Market, By Application 6 Middle East Drilling Waste Management Market, By Services 7 Middle East Drilling Waste Management Market, By Geography 8 Middle East Drilling Waste Management Market: Competitive Landscape 9 Middle East Drilling Waste Management Market, By Company - Baker Hughes - Halliburton Co. - Imdex Limited. - National Oilwell Varco, Inc. - Schlumberger - TWMA - Weatherford International For more information visit http://www.researchandmarkets.com/research/d9...iddle_east
WFT: 14.16 (-0.05), SLB: 91.61 (-1.44)
Schlumberger, Resilient Despite 'Unprecedented' U.S. Activity Decline
Musings of a Banker - at Seeking Alpha - Wed Apr 22, 10:09AM CDT
SLB: 91.61 (-1.44)
North America Drilling Waste Management Market 2015-2019 - Services (Solid Control, Containment & Handling, Treatment & Disposal) & Application (Onshore & Offshore ) Analysis
M2 - Wed Apr 22, 9:44AM CDT
Research and Markets (http://www.researchandmarkets.com/research/n8vzj6/north_america) has announced the addition of the "North America Drilling Waste Management Market by Services (Solid Control, Containment & Handling, Treatment & Disposal), By Application (Onshore & Offshore ), By Countries - Regional Trend & Forecast to 2019" report to their offering. The drilling waste management services market is estimated to grow at a CAGR of 2.0% from 2014 to 2019 The U.S. holds the largest market share. Mexico is expected to grow at the highest CAGR of 3.0% in the forecast period. There are various factors which drivers the growth of drilling waste management services market in North America region. Growing demand for oil & gas, increase in activities of exploration and production of natural gas reserves, rising concerns for environment, and stringent environmental rules and regulations are some of the factors stimulating the growth of drilling waste management services market in the North American region. However factors such as crude oil price volatility, lack of experienced personals, and high competition in oil field services market are restraining the growth of drilling waste management services market. Furthermore, emerging markets, Mexico and Canada are creating growth prospects for this market. The report segments the drilling waste management market on the basis of types of services, application, and geography. Two different application areas with different technical requirement for drilling waste management services are onshore and offshore. Onshore area was estimated to have the largest market with 98.4% market share in 2014 and expected to be 97.9% in 2019. However, offshore area has high growth potential and is expected to increase its market share rapidly. Offshore drilling waste management market in North America is expected to grow at a CAGR of 2.0% from 2014 to 2019. The offshore drilling waste management market is further segmented into solid control, containment and handling, and treatment and disposal based upon the type of services. Most of the drilling waste management practices carried out on offshore areas are treatment and disposal services which representing around 40.1% market share in 2014. Factors such as stringent environmental regulations and new technologies are driving the growth of this market. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Market Overview 5 Drilling Waste Management Market, By Application 6 Drilling Waste Management Market, By Service 7 Drilling Waste Management Market, By Geography 8 Drilling Waste Management Market: Competitive Landscape 9 Drilling Waste Managment Market, By Company - Baker Hughes Incorporated - Halliburton Company - National Oilwell Varco - Schlumberger Limited. - Weatherford International PLC For more information visit http://www.researchandmarkets.com/research/n8...th_america
WFT: 14.16 (-0.05), SLB: 91.61 (-1.44), BHI: 68.09 (-0.28)
North America Well Completion Equipment & Services (Packer, Sand Control Tools, Multi-Stage Fracturing Tools, Liner Hangers, Safety Valves, Smart Wells, Others) Market 2015-2019
M2 - Wed Apr 22, 9:08AM CDT
Research and Markets (http://www.researchandmarkets.com/research/jk3zq5/north_america) has announced the addition of the "North America Well Completion Equipment & Services Market: by Type (Packer, Sand Control Tools, Multi-Stage Fracturing Tools, Liner Hangers, Safety Valves, Smart Wells, Others), by Application (Onshore, Offshore), by Geography (U.S., Canada, Mexico) - Trends & Forecasts to 2019" report to their offering. The North American well completion equipment and services market is estimated to grow at a CAGR of 2.5% from 2014 to 2019 In this report, the well completion equipment and services market has been segmented on the basis of type, application, and geography. The North American well completion equipment and services market has been analyzed in terms of the major countries in the region, such as the U.S., Canada, and Mexico. Onshore and offshore areas are the application areas of the well completion equipment and services market. The market has been segmented on the basis of types, which include packers, sand control tools, multi-stage fracturing tools, liner hangers, safety valves, and smart wells, among others. In 2014, the packer tools & services segment held the largest market share of 29.9% within the North American well completion equipment and services market, followed by the sand control tools segment. The report has profiled the leading players of the market, along with the developments (new product launches, mergers & acquisitions, expansions, partnerships, agreements, collaborations, and joint ventures) done by the companies over the past few years and strategies adopted by them to sustain and strengthen their positions in the North American well completion equipment and services market. Weatherford International Ltd. (Ireland), Schlumberger Ltd. (U.S.), and Baker Hughes Inc. (U.S.) are among the key players operational in this market. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Market Overview 5 North America Well Completion Equipment and Services Market,By Application 6 North America Well Completion Equipment and Services Market, By Type 7 North America Completion Equipment and Services Market,By Geography 8 North America Well Completion Equipment and Services Market: Competitive Landscape 9 Well Completion Equipment and Services Market, North America: By Company - Baker Hughes Inc. - Halliburton Co. - Nabors Industries Limited - National Oilwell Varco - Schlumberger Ltd. - Superior Energy Services Inc. - Weatherford International Ltd. For more information visit http://www.researchandmarkets.com/research/jk...th_america
NBR: 15.04 (-0.53), WFT: 14.16 (-0.05), SPN: 23.61 (-0.63), SLB: 91.61 (-1.44), BHI: 68.09 (-0.28)