Stock Market News for July 29, 2015 - Market News
Zacks Equity Research - Zacks Investment Research - 2 hrs 55 mins ago
Benchmarks gained over 1% on Tuesday as investors focused on upbeat earnings results, ignoring the selloff in China’s stock market
BIIB: 310.27 (-9.66), F: 15.07 (+0.24), RIG: 14.35 (+0.23), GILD: 116.42 (+3.35), PFE: 35.70 (+0.35), COP: 52.71 (+0.47), XOM: 82.45 (-0.03), AMGN: 170.43 (-2.31), DD: 56.06 (+0.16), CVX: 92.70 (+0.30), SLB: 83.28 (+0.78), UPS: 101.06 (+1.12), CELG: 133.25 (-2.17)
Schlumberger Limited’s CEO Calls the Bottom, but Still Sees Challenges Ahead
Matthew DiLallo, The Motley Fool - Motley Fool - Tue Jul 28, 4:31PM CDT
Source: Flickr user Justin Vidamo . The worst, it would appear, is over for the oil market. At least that's the conclusion one could draw after reading through comments made by Schlumberger Limited CEO Paal Kibsgaard on the company's...
SLB: 83.28 (+0.78)
Research and Markets: Global Well Intervention Services Market 2015-2019 - Key Vendors Are Aker Solutions, Halliburton, Schlumberger, Superior Energy Services & Weatherford International
Business Wire - Tue Jul 28, 3:05AM CDT
Research and Markets (http://www.researchandmarkets.com/research/cdzrrr/global_well) has announced the addition of the "Global Well Intervention Services Market 2015-2019" report to their offering.
WFT: 10.80 (+0.14), SPN: 18.14 (+0.31), SLB: 83.28 (+0.78)
Global Well Intervention Services Market 2015-2019 - Key Vendors are Aker Solutions, Halliburton, Schlumberger, Superior Energy Services & Weatherford International
M2 - Tue Jul 28, 2:43AM CDT
Research and Markets (http://www.researchandmarkets.com/research/h9mvtl/global_well) has announced the addition of the "Global Well Intervention Services Market 2015-2019" report to their offering. The global well intervention services market to grow at a CAGR of 4.0% over the period 2014-2019. Well intervention services are a series of recovery and maintenance activities carried out to replenish an oil or gas well. Operations are aimed at increasing the production life of a well. With growing demand for oil and gas, utilization of the existing and new oil and gas reserves to the fullest has become a prime goal. This report covers the present scenario and the growth prospects of the global well intervention services market during the period 2015-2019. For calculating the market size and vendor share, the report considers the revenue obtained from the five major services carried out in well intervention services market globally. With the increased preference for subsea wells, the operating costs of well intervention services directly affect the profit margins of service providers. Reducing the costs of intervention has been the driving force for the development of riserless well intervention systems. There is also an upcoming trend of digital oil fields in the market. According to the report, the gradual increase in the demand for oil and gas has been acting as a driving force for investment and growth in the exploration and production segment. The demand for oil was recorded as 92.99 mb/d for the first quarter of 2015. Further, the report states that the market is capital-intensive, and operations are hindered by cost overruns because of technical glitches and price fluctuations, leading to a decline in exploration and production spending worldwide. Key Vendors - Aker Solutions - Halliburton - Schlumberger - Superior Energy Services - Weatherford International Other Prominent Vendors - Archer Well - EXPRO International Group - Helix Energy Solutions Group - National Oil Well Varco Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Market Segmentation by Application - Market Segmentation by Services - Geographical Segmentation - 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/h9...lobal_well
HLX: 8.58 (-0.07), WFT: 10.80 (+0.14), SPN: 18.14 (+0.31), SLB: 83.28 (+0.78)
Watch for Schlumberger to Potentially Rebound After Falling 1.38% Yesterday
Comtex SmarTrend(R) - Mon Jul 27, 4:05PM CDT
Schlumberger (NYSE:SLB) traded in a range yesterday that spanned from a low of $81.25 to a high of $82.50. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $82.66 on volume of 5.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SLB: 83.28 (+0.78)
Look for Shares of Schlumberger to Potentially Rebound after Yesterday's 1.38% Sell Off
Comtex SmarTrend(R) - Mon Jul 27, 4:04PM CDT
Schlumberger (NYSE:SLB) traded in a range yesterday that spanned from a low of $81.25 to a high of $82.50. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $82.66 on volume of 5.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SLB: 83.28 (+0.78)
Stocks Down in the Dumps as Chinese Market Slumps
at The Street - Mon Jul 27, 3:05PM CDT
Wall Street sees no fresh start to the week as stocks suffer their fifth day of losses on Monday.
KMI: 34.89 (-0.68), COP: 52.71 (+0.47), FCAU: 14.49 (-0.44), UBS: 22.88 (+0.36), SLB: 83.28 (+0.78), AGN: 336.96 (-2.54), QCOM: 63.09 (-0.01), DANG: 6.67 (-0.07), TEVA: 70.97 (-0.44), BP: 37.24 (-0.05), JD: 32.99 (+0.51), CVX: 92.70 (+0.30), PTR: 102.05 (+2.82), XLE: 70.77 (+0.30), BABA: 80.49 (-0.07)
Stocks Extend Losing Streak as Oil Closes Below $48
at The Street - Mon Jul 27, 2:12PM CDT
Stocks spend their fifth day in the red on Monday, their longest longest streak in six months.
KMI: 34.89 (-0.68), DAL: 44.78 (-0.13), CEA: 42.56 (-0.29), COP: 52.71 (+0.47), FCAU: 14.49 (-0.44), UBS: 22.88 (+0.36), SLB: 83.28 (+0.78), AGN: 336.96 (-2.54), QCOM: 63.09 (-0.01), DANG: 6.67 (-0.07), TEVA: 70.97 (-0.44), BP: 37.24 (-0.05), JD: 32.99 (+0.51), CVX: 92.70 (+0.30), PTR: 102.05 (+2.82), XLE: 70.77 (+0.30), BABA: 80.49 (-0.07)
$50 Oil May Be Here to Stay -- Here's What It Means for Energy Stocks
at The Street - Mon Jul 27, 10:57AM CDT
It's too soon to buy many oil stocks, especially those in oil services, even though they're cheap. Here are some reasons why.
RDS.A: 55.11 (+0.27), HAL: 42.41 (+0.49), XOM: 82.45 (-0.03), CVX: 92.70 (+0.30), SLB: 83.28 (+0.78), BHI: 58.43 (-0.12)
Global Wireline Services Market by Application (Onshore & Offshore), Type (E-Line & Slick Line), Services (Completion, Intervention & Logging), Hole Type (Cased Hole & Open Hole)
M2 - Mon Jul 27, 3:02AM CDT
Research and Markets (http://www.researchandmarkets.com/research/5mrvcr/wireline_services) has announced the addition of the "Wireline Services Market by Application (Onshore & Offshore), Type (E-Line & Slick Line), Services (Completion, Intervention & Logging), Hole Type (Cased Hole & Open Hole), & by Region - Global Trends & Forecast to 2020" report to their offering. The wireline services market is estimated to reach $14.84 Billion at a CAGR of 6.5% from 2015 to 2020 The wireline services can also be segmented on the basis of the service offered which includes completions, intervention, and logging operations. The use of wireline services for completing the well includes perforating applications, deployment optimization, and casing setting. The intervention operations using wireline is generally categorized as light well intervention involving pipe recovery, remedial operations, and tubing/casing inspection. The logging services involve the use of wireline for performing well logging operations such as production logging, fluid characterization, and petro physical evaluation of the reservoir. Wireline services are also segmented on the basis of the type of wireline used which includes Electric Line and Slick line. Slick line involves the use of a thin cable that delivers and retrieves downhole tools whereas E line uses an electrical cable that can be used to lower and retrieve tools into the wellbore and can also transmit data about the well condition. Electric line wireline services find more usage as compared to the slick line service due to the wide applications associated with the Electric line services including wireline logging. This dominance is the result of the ability of the Electric line to transmit electrical data by providing a pathway for the communication between the surface and the downhole equipment. This trend is also supported by the use of wireline services for the purpose of reservoir evaluation. e. Scope of the Report In these report wireline services market has been segmented into the following types On the basis of Wireline Type: - Electric Line - Slick Line On the basis of Application: - Onshore - Offshore On the basis of Service Type: - Completion - Intervention - Logging On the basis of Hole Type: - Cased Hole - Open Hole Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Wireline Services Market, By Application 7 Wireline Services Market, By Application 8 Wireline Services Market, By Wireline Type 9 Wireline Services Market, By Hole Type 10 Wireline Services Market, By Service Type 11 Wireline Services Market, By Region 12 Competitive Landscape 13 Company Profiles - Archer Limited - Baker Hughes Incorporated - Basic Energy Services - C&J Energy Services Limited - Expro International - Halliburton Limited - National Oilwell Varco Limited - Oilserv - Pioneer Energy Services Ltd. - Schlumberger Limited - Superior Energy Services - Weatherford International - Wireline Engineering For more information visit http://www.researchandmarkets.com/research/5m...e_services
CJES: 9.93 (+0.45), WFT: 10.80 (+0.14), PES: 3.88 (+0.20), SPN: 18.14 (+0.31), SLB: 83.28 (+0.78), BHI: 58.43 (-0.12)
Global Production Chemicals (Demulsifiers, Corrosion Inhibitors, Scale Inhibitors, Asphaltene Inhibitors, Biocides, Scavengers, Surfactants, and Others) Market 2015-2020
M2 - Mon Jul 27, 2:51AM CDT
Research and Markets (http://www.researchandmarkets.com/research/ztjlxx/production) has announced the addition of the "Production Chemicals Market by Type, by Oilfield Type (Onshore and Offshore), and Region - Global Trend & Forecast to 2020" report to their offering. The production chemicals market is projected to reach $ 6,173.5 million by 2020 at a CAGR of 5% to 6% during the same period The Middle East and Africa accounted for the largest share in 2013 with the U.S. leading the region. In the low penetrated markets of Asia-Pacific and Latin America a high growth is expected while the highly developed North American and European regions are projected to witness moderate growth. In the North American region, growth is expected to be from onshore exploration mainly in the Gulf of Mexico. The major players in the production chemicals markets are divided into three groups, namely, production chemicals manufacturers, service companies, and production chemicals suppliers/distributors. Akzonobel NV (The Netherlands), Clariant AG (Switzerland), BASF SE (Germany), and DuPont (U.S.) among others are the major production chemicals manufacturers whereas Baker Hughes (U.S.), Halliburton (U.S.), Schlumberger Limited (U.S.), and others are the major service companies in this market. These companies registered significant presence amongst other players in the fragmented global production chemicals market. Acquisition was the most preferred strategy among the major players in the production chemicals market, globally. The major players are enhancing their technological base, product portfolio, and geographical reach by acquiring other companies. For example, Flotek Industries, Inc. inked an acquisition agreement to acquire certain patents and trade secret from Anthony Rea, via ARC Fluid Technologies thereby extending its nano-Fluid technology into drilling fluids systems. There were some new product launches in the production chemicals market especially for the enhanced oil recovery operations. For example, BASF introduced Aspiro product portfolio for enhanced oil recovery at the SPE Improved Oil Recovery Symposium in Tulsa, U.S. Many companies, offering production chemicals, are actively trying to increase their product portfolio and regional presence to cater different regional markets. These are trying to enter the low penetrated markets in developing regions. dependent.Especially, the countries in Africa such as Nigeria, Libya, and Algeria present a viable opportunity for the production chemicals market. These countries currently are out of the political turmoil that had engrossed them in recent years leading to economic downturn. This situation had also affected their oil & gas industry. Since the oil & gas industry of a country is heavily dependent on its economy, steady and stable economic health is anticipated to drive the oil & gas market of the African countries. This would further boost the production chemicals market in this region. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Global Production Chemicals Market, By Type 8 Global Production Chemicals Market, By Oilfield Type 9 Global Production Chemicals Market Size, By Region 10 Competitive Landscape 11 Company Profiles - Akzonobel N.V. - Baker Hughes Incorporated - Basf SE - Clariant AG - Croda International Plc - Ecolab Inc. - Halliburton Company - Schlumberger Limited - The Dow Chemical Company For more information visit http://www.researchandmarkets.com/research/ztjlxx/production
FTK: 16.68 (-0.23), SLB: 83.28 (+0.78), ECL: 115.17 (+1.40), BHI: 58.43 (-0.12)
Why Oil Carnage Doesn't Equal Poor Oil Service Earnings
Tyler Crowe and Taylor Muckerman, The Motley Fool - Motley Fool - Sat Jul 25, 11:30AM CDT
The earnings reports are still filing in and the energy sector is one that's been on the forefront of most investors' minds. Three of the four major companies all showed promise with growth in an otherwise desperate energy sector. As Baker Hughes ...
JPM: 68.88 (+0.83), CHK: 9.07 (+0.07), HAL: 42.41 (+0.49), XOM: 82.45 (-0.03), WFC: 57.99 (+0.59), SLB: 83.28 (+0.78), CLB: 110.95 (-1.09), BHI: 58.43 (-0.12)
Jim Cramer: Don’t Sell Caterpillar; Citi an ‘Absolute Buy’
at The Street - Thu Jul 23, 2:32PM CDT
Jim Cramer delves into the financial health of Caterpillar and how Citigroup is another stock on his radar that is a terrific buy.
BOX: 16.47 (+0.06), LNKD: 227.77 (-0.73), IBM: 161.04 (+0.99), C: 58.97 (+0.60), GM: 31.63 (+0.31), FCAU: 14.49 (-0.44), CAT: 76.97 (-0.81), TWTR: 31.57 (-4.97), SLB: 83.28 (+0.78), CLB: 110.95 (-1.09)
3 Key Points Schlumberger Limited’s CEO Wants You to Know
Matthew DiLallo, The Motley Fool - Motley Fool - Thu Jul 23, 10:15AM CDT
Photo credit: Flickr user Nestor Galina . Schlumberger Limited recently reported second-quarter results that were less awful than expected . In fact, the case could be made that the company is really doing an exceptional job managing the...
SLB: 83.28 (+0.78)
Core Laboratories Tops Q2 Earnings; Provides Q3-Q4 View - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 23, 10:00AM CDT
Core Laboratories N.V. (CLB) reported better-than-expected second-quarter 2015 earnings.
HAL: 42.41 (+0.49), GLF: 10.27 (+0.72), CLB: 110.95 (-1.09), SLB: 83.28 (+0.78)
The Zacks Analyst Blog Highlights: Schlumberger, Halliburton, WPX Energy, Kinder Morgan and Energy Transfer Partners - Press Releases
Zacks Equity Research - Zacks Investment Research - Thu Jul 23, 8:30AM CDT
The Zacks Analyst Blog Highlights: Schlumberger, Halliburton, WPX Energy, Kinder Morgan and Energy Transfer Partners
KMI: 34.89 (-0.68), ETP: 52.04 (+0.29), WPX: 9.02 (+0.35), HAL: 42.41 (+0.49), SLB: 83.28 (+0.78)
SmarTrend Watching for Potential Pullback in Shares of Schlumberger After 1.14% Gain
Comtex SmarTrend(R) - Wed Jul 22, 3:49PM CDT
Schlumberger (NYSE:SLB) traded in a range yesterday that spanned from a low of $83.55 to a high of $85.86. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $85.29 on volume of 10.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SLB: 83.28 (+0.78)
Look for Shares of Schlumberger to Potentially Pullback after Yesterday's 1.14% Rise
Comtex SmarTrend(R) - Wed Jul 22, 3:49PM CDT
Schlumberger (NYSE:SLB) traded in a range yesterday that spanned from a low of $83.55 to a high of $85.86. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $85.29 on volume of 10.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SLB: 83.28 (+0.78)