After Yesterday's Rally of 1.23% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Mar 30, 1:53PM CDT
Cameron International (NYSE:CAM) traded in a range yesterday that spanned from a low of $66.86 to a high of $67.60. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $66.73 on volume of 1.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CAM: 66.01 (-1.04)
Cameron International Set to Possibly Pullback After Yesterday's Rally of 1.23%
Comtex SmarTrend(R) - Wed Mar 30, 1:51PM CDT
Cameron International (NYSE:CAM) traded in a range yesterday that spanned from a low of $66.86 to a high of $67.60. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $66.73 on volume of 1.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CAM: 66.01 (-1.04)
Oil & Gas Stock Roundup: China Clears Schlumberger-Cameron Merger
Nilanjan Choudhury - Zacks Investment Research - Tue Mar 29, 1:04PM CDT
Chinese regulators cleared Schlumberger's (SLB) $14.8 billion takeover of Cameron International (CAM).
VLO: 52.35 (+0.72), RDS.A: 49.71 (+0.13), CAM: 66.01 (-1.04), RIG: 10.05 (-0.20), XOM: 87.04 (+1.18), PTR: 66.76 (-0.10), SLB: 78.89 (+0.43)
Foot Locker Set to Join the S&P 500; DCT Industrial Trust to Join S&P MidCap 400
PR Newswire - Mon Mar 28, 5:34PM CDT
S&P MidCap 400 constituent Foot Locker Inc. (NYSE:FL) will replace Cameron International Corp. (NYSE:CAM) in the S&P 500, and DCT Industrial Trust Inc. (NYSE: DCT) will replace Foot Locker in the S&P MidCap 400 after the close of trading on Friday, April 1. S&P 100 & 500 constituent Schlumberger Ltd (NYSE:SLB) is acquiring Cameron International in a deal expected to be completed on or about that date pending final conditions.
DCT: 49.81 (-0.62), CAM: 66.01 (-1.04), FL: 58.22 (-1.60), MHFI: 107.92 (+1.16), SLB: 78.89 (+0.43)
Schlumberger-Cameron Merger Gets Clearance from China
Zacks Equity Research - Zacks Investment Research - Mon Mar 28, 11:50AM CDT
Schlumberger Limited (SLB) and Cameron International Corp. (CAM) jointly announced that they have received unconditional clearance from the Chinese Ministry of Commerce (MOFCOM) for their $14.8 billion merger.
SEDG: 16.79 (-0.40), EVA: 21.92 (-0.03), CAM: 66.01 (-1.04), SLB: 78.89 (+0.43)
Cameron Expresses No Opinion On Debt Tender Offer By Schlumberger Holdings Corporation
PR Newswire - Mon Mar 28, 6:30AM CDT
Cameron (NYSE: CAM) announced that it elected to express no opinion and remain neutral toward the offer by Schlumberger Holdings Corporation ("SHC"
CAM: 66.01 (-1.04)
Schlumberger-Cameron Merger Receives Chinese Antitrust Approval
BusinessWire - Fri Mar 25, 11:30AM CDT
Schlumberger Limited (NYSE: SLB) and Cameron International Corporation (NYSE: CAM) jointly announced today that Chinese Ministry of Commerce (MOFCOM) has cleared their proposed merger without any conditions. MOFCOM approval represents the last major closing condition to the proposed merger. As a result, the parties intend to close their transaction on April 1, 2016.
CAM: 66.01 (-1.04), SLB: 78.89 (+0.43)
3 Reasons Schlumberger's Stock Could Rise
Tyler Crowe, The Motley Fool - Motley Fool - Wed Mar 23, 2:47PM CDT
Image Source: Weatherford International corporate website. As the price of oil has continued to turn the screws on the industry for close to two years now, shares of Schlumberger have held up relatively well compared to its peers. They have been...
GE: 31.05 (-0.10), DO: 20.78 (-0.20), CAM: 66.01 (-1.04), HAL: 42.06 (-0.22), SLB: 78.89 (+0.43), BHI: 46.68 (+0.93)
Schlumberger Anticipates 15% Decline in 1Q16 Revenues
Zacks Equity Research - Zacks Investment Research - Tue Mar 22, 1:00PM CDT
Schlumberger Ltd (SLB), one of the world's largest oilfield services provider, anticipates a 15% fall in revenues in the first quarter of 2016 from the fourth quarter of 2015.
SEDG: 16.79 (-0.40), EVA: 21.92 (-0.03), CAM: 66.01 (-1.04), SLB: 78.89 (+0.43)
What's in Store for Petrobras (PBR) this Earnings Season?
Zacks Equity Research - Zacks Investment Research - Thu Mar 17, 12:50PM CDT
Brazilian state-run energy giant Petroleo Brasileiro S.A. or Petrobras (PBR) is expected to release its fourth-quarter 2015 results on Mar 21.
PBR: 7.91 (-0.17), RDS.A: 49.71 (+0.13), CAM: 66.01 (-1.04), BP: 33.45 (+0.27)
The Zacks Analyst Blog Highlights: ConocoPhillips, Royal Dutch Shell, Diamond Offshore Drilling, Schlumberger and Cameron International
Zacks Equity Research - Zacks Investment Research - Wed Feb 10, 8:30AM CST
The Zacks Analyst Blog Highlights: ConocoPhillips, Royal Dutch Shell, Diamond Offshore Drilling, Schlumberger and Cameron International
DO: 20.78 (-0.20), CAM: 66.01 (-1.04), RDS.A: 49.71 (+0.13), COP: 39.79 (+0.18), SLB: 78.89 (+0.43)
SmarTrend Watching for Potential Rebound in Shares of Cameron International After 2.39% Loss
Comtex SmarTrend(R) - Tue Feb 09, 7:21PM CST
Cameron International (NYSE:CAM) traded in a range yesterday that spanned from a low of $61.63 to a high of $63.56. Yesterday, the shares fell 2.4%, which took the trading range below the 3-day low of $61.84 on volume of 2.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CAM: 66.01 (-1.04)
Oil & Gas Stock Roundup: Conoco Cuts Dividend, Shell Sticks to Previous Payout
Nilanjan Choudhury - Zacks Investment Research - Tue Feb 09, 2:17PM CST
ConocoPhillips (COP) became the first large U.S. production company to chop its dividend but Royal Dutch Shell (RDS.A) stuck to its previous payout amid the oil rout.
SU: 26.00 (+0.08), VLO: 52.35 (+0.72), DO: 20.78 (-0.20), RDS.A: 49.71 (+0.13), CAM: 66.01 (-1.04), COP: 39.79 (+0.18), SLB: 78.89 (+0.43)
Diamond Offshore-GE Service Agreement to Lower Downtime
Zacks Equity Research - Zacks Investment Research - Tue Feb 09, 1:15PM CST
Diamond Offshore Drilling Inc. (DO) has inked a service agreement with General Electric Co. (GE) that will enable the driller to lower idle time for rigs on hire.
DO: 20.78 (-0.20), GE: 31.05 (-0.10), CAM: 66.01 (-1.04), BP: 33.45 (+0.27)
Schlumberger-Cameron Merger on Track: EU Gives Approval
Zacks Equity Research - Zacks Investment Research - Mon Feb 08, 4:17PM CST
Schlumberger Limited (SLB) and Cameron International Corp. (CAM) jointly announced that they have received unconditional clearance from the European Commission (EU) for their $14.8 billion merger.
MDR: 4.86 (+0.06), POWR: 18.76 (+0.02), CAM: 66.01 (-1.04), SLB: 78.89 (+0.43)
Instant Analysis: European Regulator Approves Schlumberger/Cameron Merger
Eric Volkman, The Motley Fool - Motley Fool - Mon Feb 08, 3:45PM CST
What happened? Schlumberger has received a key approval in its takeover bid of peer oil services concern Cameron International . The European Commission, which rules on antitrust matters for the European Union, gave the acquisition a green...
CAM: 66.01 (-1.04), SLB: 78.89 (+0.43)
Schlumberger-Cameron Merger Receives Unconditional Clearance from European Commission
PR Newswire - Fri Feb 05, 12:01PM CST
Schlumberger Limited (NYSE: SLB) and Cameron International Corporation (NYSE: CAM) jointly announced today that the European Commission has cleared their proposed merger without any conditions following a Phase 1 review.
CAM: 66.01 (-1.04), SLB: 78.89 (+0.43)
Cameron International (CAM) Breaks Through Support at $63.61
Comtex SmarTrend(R) - Fri Feb 05, 10:19AM CST
Shares of Cameron International (NYSE:CAM) have bearishly opened below the pivot of $64.83 today and have reached the first support level of $63.61. Analysts will be watching for a cross of the next downside pivot targets of $62.90 and $60.97.
CAM: 66.01 (-1.04)
The Zacks Analyst Blog Highlights: Chevron, BP, Valero Energy, Cameron International and Royal Dutch Shell
Zacks Equity Research - Zacks Investment Research - Wed Feb 03, 8:30AM CST
The Zacks Analyst Blog Highlights: Chevron, BP, Valero Energy, Cameron International and Royal Dutch Shell
VLO: 52.35 (+0.72), RDS.A: 49.71 (+0.13), CAM: 66.01 (-1.04), BP: 33.45 (+0.27), CVX: 99.59 (+0.48)