Showing posts with label Schlumberger. Show all posts
Showing posts with label Schlumberger. Show all posts
Wednesday, January 13, 2016

A Stunning Move by the World’s Largest Oil Company

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By Justin Spittler Oil still can’t find a bottom.  As Dispatch readers know, the oil market is in crisis. Since June 2014, oil has plunge...
Wednesday, March 11, 2015

Crude Oil, Divorce, and Bear Markets

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By Tony Sagami Everybody loves a parade. I sure did when I was a child, but I’m paying attention to a very different type of parade...
Friday, May 16, 2014

New LNG Plant in North Dakota will Supply Oil and Gas Producers

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A new natural gas liquefaction plant is slated to come online this summer in North Dakota to reduce the flaring of gas in the Bakken Forma...
Saturday, January 11, 2014

Sterne Agee Selects its Four Favorite Oil Services Stocks

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Sterne Agee believes non conventional and deepwater drilling will rise steadily during the next few years, and it encourages investors to...
Friday, April 19, 2013

Fridays Earnings...Schlumberger and Baker Hughes SLB BHI

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Schlumberger ( SLB ) reports 1st quarter EPS of $1.01, beats by $0.02. Revenue of $10.67B misses by $0.08B. “The outlook for North Americ...
Sunday, July 22, 2012

Schlumberger [ticker SLB] Announces Second Quarter 2012 Results

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Schlumberger Limited ( NYSE:SLB ) today reported second quarter 2012 revenue of $10.45 billion versus $9.92 billion in the first quarter of...
Thursday, April 19, 2012

Schlumberger Declares Quarterly Dividend

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The Board of Directors of Schlumberger Limited ( NYSE:SLB ) today declared a quarterly dividend of $0.275 per share of outstanding common st...
Sunday, August 21, 2011

What Are Hedge Fund Managers Buying Amid Falling Prices.....Ensco and Schlumberger

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Hedge funds bought $1.6 billion of shares in two oil-services companies in the second quarter as analysts said a drilling boom in the U.S. m...
Monday, January 24, 2011

OPEC to Increase Production, Oil Services Companies Show a Jump in Profits

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It appears we will start the week with a pull back in crude oil prices as Saudi Arabian Oil Minister Ali al-Naimi released a statement that ...
Tuesday, August 31, 2010

Schlumberger Finalizes $11 Billion Dollar Merger with Smith International

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Schlumberger has closed its merger with Smith International. As previously announced, each Smith stockholder will receive 0.6966 shares of S...
Monday, February 22, 2010

Schlumberger To Buy Smith International In $11 Billion Dollar Deal

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Schlumberger Ltd. (SLB) will acquire Smith International (SII) for about $11 billion in an all stock deal that is the year's largest a...
Friday, July 24, 2009

Schlumberger Profit Falls as Clients Slash Budgets

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Schlumberger Ltd., the world’s largest oilfield-services provider, said second-quarter profit fell 57 percent after a plunge in energy price...
Sunday, April 26, 2009

OPEC General Sec. See No Cuts But Schlumberger Does

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"OPEC Secretary General Doesn't See New Oil Cuts in May" OPEC Secretary General Abdalla Salem El-Badri said he doesn't exp...
Friday, April 24, 2009

Schlumberger First Quarter Net Down 30% On Reduced U.S. Drilling

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Schlumberger Ltd.' s (SLB) first quarter earnings fell 30% amid plummeting drilling activity, exceeding analysts' pessimistic expec...
Monday, March 23, 2009

Suncor To Buy Petro-Canada, Crude Oil Up Sharply On Fed Plan and Stock Rally

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"Suncor To Buy Petro-Canada For $15 Billion Of Stock" Suncor Energy Inc. (SU) said Monday it will acquire Petro-Canada (PCZ) for a...
Monday, January 26, 2009

Crude Oil Industry Headlines News

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"Petrobras' P-51 Kicks Off Production in the Campos Basin" The P-51 semisubmersible platform went on stream Jan. 24, beginning...
Friday, January 23, 2009

Crude Oil Industry Headline News

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"Pemex Plans $20B E&P Investment to Boost Production" Pemex plans to invest nearly $20 billion this year in exploration and pr...
Friday, January 9, 2009

Crude Oil Industry Headline News

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"Oil Falls For A Fourth Day As U.S. Job Losses Add To Concern Over Demand" Crude oil fell a fourth day after a report showing th...
Thursday, January 8, 2009

Crude Oil Industry Headline News

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"Oil Falls a Third Day on Concern the Recession Will Cut Demand" Crude oil fell for a third day as the rising number of jobless wo...