Schlumberger (SLB) Approaches New Downside Target of $77.53
Comtex SmarTrend(R) - 2 hrs 33 mins ago
Schlumberger (NYSE:SLB) has opened bearishly below the pivot of $78.76 today and has reached the first level of support at $78.03. Analysts will be watching for a cross of the next downside pivot targets of $77.53 and $76.30.
SLB: 78.12 (-0.41)
US Rig Count Up by 6, More Drilling Activity Seen on Land
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 6:51AM CDT
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a higher U.S. rig count.
HAL: 44.51 (+0.13), WFT: 6.58 (unch), SLB: 78.12 (-0.41), BHI: 46.10 (+0.16)
Watch for Schlumberger to Potentially Rebound After Falling 1.71% Yesterday
Comtex SmarTrend(R) - Fri Jun 10, 12:52PM CDT
Schlumberger (NYSE:SLB) traded in a range yesterday that spanned from a low of $78.51 to a high of $79.49. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $79.28 on volume of 2.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SLB: 78.12 (-0.41)
Look for Shares of Schlumberger to Potentially Rebound after Yesterday's 1.71% Sell Off
Comtex SmarTrend(R) - Fri Jun 10, 12:51PM CDT
Schlumberger (NYSE:SLB) traded in a range yesterday that spanned from a low of $78.51 to a high of $79.49. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $79.28 on volume of 2.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SLB: 78.12 (-0.41)
Stock Market News for June 10, 2016
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 9:10AM CDT
Stronger dollar resulted in a decline in oil prices which led the benchmarks to close in the red on Thursday
RH: 25.90 (-0.66), NUE: 50.53 (+0.03), VMC: 115.02 (-0.47), FCX: 10.49 (+0.13), C: 43.66 (-0.24), HAL: 44.51 (+0.13), COP: 44.57 (+0.06), XOM: 90.82 (+0.84), BAC: 13.76 (-0.07), WFC: 48.15 (-0.19), SLB: 78.12 (-0.41), LYB: 79.76 (-0.71), PXD: 162.66 (+3.11), GS: 149.67 (-0.22), JPM: 63.71 (-0.13), TSO: 75.25 (-1.96), CVX: 102.38 (+0.40)
The Zacks Analyst Blog Highlights: Devon Energy, Schlumberger, National Oilwell Varco, Transocean and Hercules Offshore
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 8:30AM CDT
The Zacks Analyst Blog Highlights: Devon Energy, Schlumberger, National Oilwell Varco, Transocean and Hercules Offshore
NOV: 35.02 (-0.01), HERO: 1.18 (-0.09), DVN: 35.84 (+0.72), RIG: 10.97 (+0.22), SLB: 78.12 (-0.41)
Oil & Gas Stock Roundup: Devon Energy Unloads $1B in Assets, Schlumberger Buys Omron Unit
Nilanjan Choudhury - Zacks Investment Research - Tue Jun 07, 1:50PM CDT
Devon Energy (DVN) announced non-core asset sale of $1 billion, while Schlumberger (SLB) acquired an automation technology company.
NOV: 35.02 (-0.01), DVN: 35.84 (+0.72), HERO: 1.18 (-0.09), RIG: 10.97 (+0.22), XOM: 90.82 (+0.84), CVX: 102.38 (+0.40), SLB: 78.12 (-0.41)
Schlumberger Adds Omron Oilfield and Marine to its Portfolio
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 9:10AM CDT
Schlumberger Ltd. (SLB) has acquired Omron Oilfield and Marine, Inc., in order to strengthen its control system capabilities for integrated well construction.
SOL: 1.30 (unch), BAK: 11.35 (-0.11), CVRR: 9.20 (-0.53), SLB: 78.12 (-0.41)
The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Chevron, PetroChina and Marathon Oil
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:30AM CDT
The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Chevron, PetroChina and Marathon Oil
HAL: 44.52 (+0.14), MRO: 13.38 (-0.04), CVX: 102.38 (+0.40), PTR: 69.00 (-1.93), SLB: 78.12 (-0.41)
Watch for Schlumberger to Potentially Pullback After Gaining 3.36% Yesterday
Comtex SmarTrend(R) - Mon Jun 06, 12:15PM CDT
Schlumberger (NYSE:SLB) traded in a range yesterday that spanned from a low of $76.21 to a high of $78.21. Yesterday, the shares gained 3.4%, which took the trading range above the 3-day high of $76.34 on volume of 3.1 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: 78.12 (-0.41)
After Yesterday's Rally of 3.36% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jun 06, 12:14PM CDT
Schlumberger (NYSE:SLB) traded in a range yesterday that spanned from a low of $76.21 to a high of $78.21. Yesterday, the shares gained 3.4%, which took the trading range above the 3-day high of $76.34 on volume of 3.1 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: 78.12 (-0.41)
Schlumberger (SLB) Crosses Pivot Point Resistance at $76.20
Comtex SmarTrend(R) - Mon Jun 06, 8:40AM CDT
Shares of Schlumberger (NYSE:SLB) opened today above their pivot of $75.53 and have already reached the first level of resistance at $76.20. Analysts will be watching for a cross of the next upside pivot targets of $76.77 and $78.01.
SLB: 78.12 (-0.41)
OPEC Meeting Concludes: Crude May Touch $40
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 4:11PM CDT
OPEC decided not to return to the output cap.
HAL: 44.52 (+0.14), MRO: 13.38 (-0.04), CVX: 102.38 (+0.40), PTR: 69.00 (-1.93), SLB: 78.12 (-0.41)
New Strong Sell Stocks for June 3rd
Swarup Gupta - Zacks Investment Research - Fri Jun 03, 8:56AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Friday
HSII: 18.25 (-0.34), HP: 64.86 (+0.09), MBUU: 13.86 (-0.08), CHCT: 19.52 (-0.33), SLB: 78.12 (-0.41)
Schlumberger Boosts Technology Porfolio with Saltel Buyout
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 8:20AM CDT
Schlumberger Ltd. (SLB) declared that it has acquired France-based engineering, manufacturing and service company, Saltel Industries.
BAK: 11.35 (-0.11), SSL: 27.49 (-0.02), CVRR: 9.20 (-0.53), SLB: 78.12 (-0.41)
Schlumberger (SLB) Breaks Through Support at $75.54
Comtex SmarTrend(R) - Wed Jun 01, 8:42AM CDT
Schlumberger (NYSE:SLB) has opened bearishly below the pivot of $76.57 today and has reached the first level of support at $75.54. Should the shares continue to fall, the support pivots of $74.78 and $72.99 will be of interest.
SLB: 78.12 (-0.41)
U.S. Oil Rig Count Flat; Oil Rig Fall Compensated by Gas
Zacks Equity Research - Zacks Investment Research - Mon May 30, 7:00AM CDT
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported flat numbers for the U.S. rig count.
HAL: 44.52 (+0.14), WFT: 6.59 (+0.01), SLB: 78.12 (-0.41), BHI: 46.10 (+0.16)
Next Support Level for Schlumberger (SLB) is $76.89
Comtex SmarTrend(R) - Fri May 27, 8:44AM CDT
Shares of Schlumberger (NYSE:SLB) opened today below their pivot of $78.18 and have already reached the first level of support at $77.38. Analysts will be watching for a cross of the next downside pivot targets of $76.89 and $75.60.
SLB: 78.12 (-0.41)
Shell to Slash 2,200 More Jobs Amid Prolonged Oil Rout
Zacks Equity Research - Zacks Investment Research - Thu May 26, 10:20AM CDT
Royal Dutch Shell plc (RDS.A) is again about to reduce its headcount. This time, the company has decided to cut a minimum of 2,200 jobs this year.
RDS.A: 50.95 (-0.36), TOT: 46.67 (-0.53), COP: 44.57 (+0.06), BP: 31.98 (-0.24), CVX: 102.38 (+0.40), SLB: 78.12 (-0.41)