Schlumberger, Limited
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This Company Is Set To Soar
By Piyush Arora - May 21, 2013 | Tickers: CAM, FTI, SLB
Due to the looming economic uncertainty and poor investors’ sentiment, oil prices remained under pressure for the first half of 2012. But with the Fed’s announcement of QE3 and rising tensions in Middle East, oil exploration has again become profitable. Naturally, oil E&P requires expensive equipment which are mostly leased, which is why Cameron International (NYSE: CAM) is back in action.
Solid Results
Cameron International is the leading more »
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Enjoy Solid Long-Term Gains With These Stocks
By Ken McGaha - May 14, 2013 | Tickers: BHI, HAL, IBM, SLB
For oil and gas companies, it is important for reserve replacement to production ratios to be at least at a level of 1; otherwise, they are depleting resources faster than they are finding new products. Some concerns are now being raised that this ratio is weaker than some oil companies are reporting, and that the weakness bodes ill for the industry. However, it bodes very well for the businesses that more »
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Benefits of Investing in Oil Services
By Kiran Gulati - May 7, 2013 | Tickers: BHI, HAL, SLB
Despite near-term economic uncertainties, I believe that in the long run growth in oil demand driven by emerging-market industrialization and rising wealth levels would provide for attractive returns in the well-positioned oil-services equities.
Rising wealth levels have a major bearing on per capita consumption of resources. Countries with 95% of the population earning more than $6,000 annually have per-capita oil consumption that is 12 times more compared to countries more »
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Buying This Solid Drilling-Equipment Provider on Weakness
By Nick Chiu - May 7, 2013 | Tickers: BHI, NOV, SLB
National Oilwell Varco (NYSE: NOV)), with a market cap of $28.1 billion, is one of the largest providers of equipment and components to the energy industry. It supports oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. Despite weak quarterly numbers, it may be a good time to consider buying National Oilwell Varco.
Lower operating margin
On more »
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Oilfield Services is Still in Play
By Ted Cooper - May 4, 2013 | Tickers: BHI, HAL, SLB
Investors have long been bullish on oilfield services, and rightly so. The industry is benefiting from sustained increases in spending on drilling and exploration in both the United States and in international markets. However, a few of these companies still look attractive despite investor hysteria about their prospects.
For instance, Schlumberger (NYSE: SLB) has not experienced the same increase in stock price as some of its peers. This is likely more »
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Playing the Derivative Oil Play
By Marshall Hargrave - April 29, 2013 | Tickers: HAL, SLB, WFT
It appears there's always value to be found in the rubble. Halliburton (NYSE: HAL) posted first-quarter earnings (excluding oil-spill charges) of $0.67, beating consensus estimates by $0.10, and has been positioning itself nicely following the Deepwater Horizon incident in 2010. Last quarter's results showed an $18 million loss for the first quarter, which includes the $637 million reserve for the oil spill.
The earnings beat was more »
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This Oilfield Service Stock Is a Buy
By Shas Dey - April 28, 2013 | Tickers: BHI, HAL, SLB
Halliburton (NYSE: HAL) is banking on the increase in the prices of natural gas as a growth driver for its drilling business. The recently released Q1 2013 results demonstrate the good financial performance of the company. The stock has been updated to a buy by various analysts. There are various growth drivers which make the company's outlook positive.
Growth drivers
Growing fracking industry
Fracking is a process of extraction more »
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This Energy Company Is Making the Right Moves
By Satarupa Bose - April 17, 2013 | Tickers: CHK, FST, SLB
Forest Oil (NYSE: FST) has decided to enter into a strategic partnership with oil field services giant, Schlumberger (NYSE: SLB), to drill the Eagle Ford Shale acreage. The deal promises Forest Oil $90 million in terms of future drilling costs, and Schlumberger's expertise through a 50% working interest in the acreage.
What led to the deal?
Forest Oil was mainly into natural gas business. But due to the introduction more »
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This Company Could Continue to Outperform
By Piyush Arora - April 15, 2013 | Tickers: BHI, HAL, SLB
The Middle East has been catering to the global crude oil demand for a long time, but the recent political standoffs have negatively impacted its supply. As a result, Brent crude is above the $110 mark and the shortage in oil supply has rapidly fueled oil exploration and production activities. According to a recent report, global oil demand is expected to increase by 6-8% annually and exploring for new reserves more »
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This Company Could Continue to Outperform
By Piyush Arora - April 15, 2013 | Tickers: BHI, HAL, SLB
The Middle East has been catering to the global crude oil demand for a long time, but the recent political standoffs have negatively impacted its supply. As a result, Brent crude is above the $110 mark and the shortage in oil supply has rapidly fueled oil exploration and production activities. According to a recent report, global oil demand is expected to increase by 6-8% annually and exploring for new reserves more »
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Forest Oil Partners Schlumberger to Drill in Eagle Ford Shale
By Satarupa Bose - April 14, 2013 | Tickers: CHK, FST, SLB
Forest Oil (NYSE: FST) has decided to go into a strategic partnership with the oil field services giant, Schlumberger (NYSE: SLB), to drill the Eagle Ford Shale acreage. The deal promises Forest Oil $90million in terms of future drilling cost and the expertise of oil services giant by promising a 50% working interest in the acreage for Schlumberger.
What led to the Deal?
Forest Oil was mainly into natural gas more »
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Billionaire Andreas Halvorsen’s High Upside Potential Stocks
By Meena Krishnamsetty - April 2, 2013 | Tickers: COF, C, HUM, SNDK, SLB
We track 13F filings from hedge funds and other notable investors for a variety of purposes. First, it helps us in our work researching investment strategies. Second, we can treat ownership by a particular hedge fund similarly to a stock screen (as a source of free investment ideas) and combine ownership with other criteria, including a low PEG ratio (a low PEG ratio is an indicator of upside potential in more »
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This Company Could Continue to Outperform
By Piyush Arora - March 31, 2013 | Tickers: BHI, HAL, SLB
Middle East has been catering to the global crude oil demand for a long time, but the recent political standoffs have negatively impacted it supply. As a result, Brent crude is above the $110 mark and the shortage in oil supply has rapidly fuelled oil exploration and production activities. According to a recent report, global oil demand is expected to increase by 6-8% annually and exploring for new reserves, has more »
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Will African Fields Help This Energy Company Get Better?
By Satarupa Bose - March 27, 2013 | Tickers: DVN, SLB, EGY
To survive in a time of fast depleting reserves in the face of the increasing consumption, the only way out for oil and natural gas companies is to explore new reserves, and increase their acreage position. But one is not always successful in finding what they are looking for by drilling a well, and this can eat into profit. That is what exactly happened with VAALCO Energy (NYSE: EGY). How more »
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Fatal Flaw Will Sink Long-Term Owners of This Stock
By Ted Cooper - March 25, 2013 | Tickers: CRR, HAL, SLB
On the face of it, CARBO Ceramics (NYSE: CRR) is a wonderful business with tremendous growth prospects. For the moment, Carbo's business will remain wonderful and its high growth rate will likely continue for at least a few more years.
In fact, shareholders will probably be rewarded for owning the company with share price appreciation exceeding that of the S&P 500 over the next few years.
Unfortunately, the more »
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The Oil-Field-Service Industry, According to Three Key Ratios
By Michael Nolan - March 19, 2013 | Tickers: BHI, HAL, SLB
In the dawn of a new age of in the energy and oil industries, while North American oil production has risen by 37% and natural-gas by 19%, where is the money for investors?
Obviously many investors think differently here, and there is no one straightforward answer, but one group of companies that won’t necessarily come up in your everyday conversation may help savvy investors decide where to put their more »
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A Look At Steven Cohen's Big Positions
By Timothy Green - March 19, 2013 | Tickers: EBAY, SLB, SIRI
It can be interesting to look at the larger positions held by the most institutional investors, including those running prominent hedge funds. Steven Cohen founded SAC Capital Advisors in 1992, and since then this group of hedge funds have grown to manage around $14 billion in assets. Controversy has surrounded the funds lately regarding allegations of insider trading, and just last week SAC agreed to pay $602 million in fines more »
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Billionaire Steve Cohen Shakes Up His Top Five
By Marshall Hargrave - March 18, 2013 | Tickers: EBAY, FB, NWSA, SLB, SHW
Billionaire Steve Cohen and his SAC Capital hedge fund made some serious moves during the fourth quarter, rearranging their top five holdings completely, including making some big bets on stocks you might not have expected.Cohen was one of the top five hedge fund earners in 2012 (see all five here), pulling in a nice $1.3 billion during 2012. Cohen founded Connecticut-based hedge fund SAC Capital in 1992 and more » -
3 Reasons National Oilwell Varco is A Buy
By Ryan Palmer - March 16, 2013 | Tickers: FTI, NOV, RBN, SLB
Calling National Oilwell Varco (NYSE: NOV) the"picks and shovels" of the oil industry is certainly appropriate. While not in the business of producing oil themselves, the products and services they provide are critically important to those who are. Virtually every oil rig in the world utilizes the products of National Oilwell Varco. They operate in 3 business segments. The Rig Technology segment generates the most revenues and profits for more »
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Earn Extraordinary Profits in the New Middle-East
By Ken McGaha - March 14, 2013 | Tickers: BHI, CJES, HAL, SLB
The United States is on the verge of becoming the new Middle-East of fossil fuel energy through the widespread implementation of horizontal drilling techniques and a process called “fracking,” and there are fortunes to be made. This process, in simple terms, injects water under high pressure into wells drilled horizontally into shale formations to fracture the rock and allow the natural gas or oil to flow through the cracks created more »
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