Alex Chamberlin
Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
More From Alex Chamberlin
Nabors Industries: Analysts’ Forecasts after Its Earnings
As of August 1, ~76% of the analysts tracking Nabors Industries rated it as a “buy,” while ~24% rated the company as a “hold.”
Nabors Industries’ Returns Compared to the Market
Nabors Industries released its second-quarter financial results on July 31 after the market closed. On August 1, the stock price reacted positively.
Analyzing Nabors Industries’ Segments in Q2 2018
By adjusted EBITDA, the US Drilling segment saw the strongest growth of 130% in the second quarter—compared to the second quarter of 2017.
Nabors Industries’ Earnings Drivers in Q2 2018
In the second quarter, Nabors Industries recorded total revenues of ~$761.9 million—up 20.7% from ~$631.4 million in the second quarter of 2017.
Nabors Industries’ Q2 2018 Earnings Missed the Estimates
Nabors Industries (NBR) released its second-quarter financial results on July 31 after the market closed.
Halliburton Reacts to Changing Crude Oil Prices: Update
Halliburton’s (HAL) stock price correlation with crude oil on July 20–27 was 0.22—a moderately positive correlation.
Analyzing Halliburton’s Stock Price Forecast This Week
Halliburton stock will likely close between $43.14 and $40.46 by August 3—based on its implied volatility.
What Were Halliburton’s Returns As of July 27?
Halliburton’s (HAL) one-week stock price fell 7.5% in the week ending July 27. Since July 20, the Energy Select Sector SPDR ETF (XLE) has increased 2.3%.
How Schlumberger Reacted to Crude Oil’s Moves Last Week
In the week ending July 27, Schlumberger’s (SLB) correlation with crude oil was 0.48.
What’s Schlumberger’s Stock Price Forecast This Week?
Between July 20 and July 27, Schlumberger’s implied volatility decreased from ~21.6% to 20.1%.