C&J Energy Services Inc
What Wall Street Is Forecasting for RPC after 2Q16 Earnings
Approximately 43% of analysts tracking RPC rated it a “buy” or some equivalent. About 43% rated the company a “hold.”
Wall Street’s Forecasts for Halliburton after 2Q16 Earnings
Approximately 82% of analysts tracking Halliburton rate it a “buy” or some equivalent. About 16% rate it a “hold” or equivalent, and 2% recommend a “sell.”
What Analysts Expect for FET ahead of Its 2Q16 Earnings
Approximately 33% of analysts tracking Forum Energy Technologies have rated it as a “buy” or some equivalent.
What Does Wall Street See for WFT before Its 2Q16 Earnings?
Approximately 67% of Wall Street analysts tracking Weatherford International rate it as a “buy” or equivalent.
Pre-2Q16 Results: Wall Street’s Forecasts for FMC Technologies
In this article, we’ll look at Wall Street’s forecasts for FMC Technologies (FTI).
Why April’s Eagle Ford Natural Gas Production Fell 9% in a Year
The EIA estimated that natural gas production at the Eagle Ford Shale was ~6.7 Bcf (billion cubic feet) per day in April 2016.
Why Haynesville’s Natural Gas Production Fell 4% in a Year
The EIA (U.S. Energy Information Administration) estimates that the Haynesville Shale produced ~6.1 billion cubic feet per day of natural gas in April 2016.
Understanding the Outlook of RPC, Inc.’s Management
RPC, Inc.’s (RES) management thinks that energy sector economics will get better and that this will benefit the OFS industry in particular.
Wall Street’s Forecasts for Forum Energy Technologies
Approximately 38% of analysts tracking Forum Energy Technologies rate it a “buy” or some equivalent. About 57% rate the company a “hold” or an equivalent. Only 5% of the analysts tracking FET recommended a “sell.”
Wall Street’s Forecasts for HAL before Its 1Q16 Earnings
78% of Wall Street analysts tracking Halliburton rate it as a “buy,” 19% rate the company as a “hold,” and the remaining 3% rate it as a “sell.”
Why Niobrara Crude Oil Production Fell in March
The EIA estimates that the Niobrara Shale produced ~434,000 bpd of crude oil in March 2016. This was 3% less than production in February 2016.
Why Is Nabors Industries’ Share Price Still Weak?
Nabors Industries is one of the largest land-based drilling operators in the world. On April 4, Nabors Industries was trading ~41% lower than its price a year ago.
Weighing Helmerich & Payne’s Valuation against Peers
Helmerich & Payne’s EV, when scaled by TTM adjusted EBITDA, is lower than the peer group average.
Why Haynesville Shale Natural Gas Production Fell 2% in a Year
The U.S. Energy Information Administration estimates that the Haynesville Shale produced 6.2 billion cubic feet per day of natural gas in February 2016.
Why February Eagle Ford Natural Gas Production Fell 9.1% in a Year
According to the EIA, the Eagle Ford Shale’s natural gas production has risen 305% in the last eight years. In February 2008, it produced 1.6 Bcf per day.
Why Niobrara February Crude Oil Production Fell 8% in a Year
The EIA;s most recent Drilling Productivity report estimates that the Niobrara Shale produced 438,000 bpd (barrels per day) of crude oil in February 2016.
Why Niobrara January Crude Oil Production Fell 8% in a Year
The EIA estimates that the Niobrara Shale produced 417,730 bpd (barrels per day) of crude oil in January 2016. This was 2.7% less than production in December 2015 and 8% less than production in January 2015.
Crude Oil and Natural Gas Rig Counts Changed Course Last Week
In the week ended July 17, the US rig count decreased by seven active crude oil rigs, which was partially offset by an increase of one natural gas rig.
Crude Oil and Natural Gas Rigs Diverge Further
In the 12 months to July 10, the total US crude oil and natural gas rig count fell by 1,012, or 54%.
Positive Market Sentiments: Rigs Have Likely Bottomed
On Friday, June 26, Baker Hughes disclosed the US rig count. Crude oil rose 0.25% to $59.64. The rig count held around that level after the announcement.
How US Onshore Rigs Drove Rig Count Fall for 25th Straight Week
During the week ended May 15, 2015, the US land-based, or onshore, rig count fell by six from the previous week’s count.
C&J Energy Services Swings Back Up, Dresser-Rand Trails Last Week
C&J Energy Services (CJES) swung back up with a stellar 18% gain last week. Acquisition target Dresser-Rand Group (DRC) held near its acquisition price with a small 0.5% gain.
US Onshore Rig Count Is down 54% since November 2014
During the week ending May 1, 2015, the US land-based, or onshore, rig count fell by 27—compared to the previous week’s count.
C&J Energy Services a Mid-April Standout in the Oilfield
C&J Energy Services (CJES) continued its sharp rise with a ~14% return last week. The previous week, it was up ~20%. The stock has gained ~8% year-to-date.
Blue Harbour Eliminates Its Position in Nabors Industries
The Nabors companies own and operate approximately 466 land drilling rigs throughout the world and approximately 543 land workover and well servicing rigs in North America.
C&J Energy Services and RPC: Last Week’s Sectoral Standouts
In our selected set of companies, not one oilfield equipment and services company saw a loss. Within this winning sector, there were two standouts.
Secondary Market Trends in Leveraged Loans
Returns on leveraged loans trended down in the week ended March 20. The S&P/LSTA U.S. Leveraged Loan 100 Index fell by ~0.2% over the week ended March 20.