BTC iShares U.S. Oil Equipment & Services ETF

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  • uploads///USD index
    Macroeconomic Analysis

    How a Fed Rate Hike Could Hurt Crude Oil Prices

    The US Dollar Index (DXY) has risen 8% against global currencies in 2015. The rising dollar should put further pressure on the pessimistic oil market.

    By Gordon Kristopher
  • uploads///Segments
    Earnings Report

    Does Nabors Industries Expect Rig Count to Rise in the Near Term?

    Nabor Industries’s Drilling & Rig Services segment accounted for nearly all of the company’s revenues in 2Q16.

    By Alex Chamberlin
  • uploads///Analyst Recommendations
    Consumer

    Wall Street Analysts’ Targets for SLB, HAL, NOV, and WFT

    Approximately 90% of the analysts tracking Halliburton (HAL) recommended a “buy,” ~8% recommended a “hold,” and the rest recommended a “sell.”

    By Alex Chamberlin
  • uploads///US cushing crude oil stocks
    Macroeconomic Analysis

    Cushing Crude Oil Inventories: What Does the Future Hold?

    Bloomberg surveys projected that Cushing crude oil inventories fell by 0.7 MMbbls (million barrels) for the week ending June 3—compared to the previous week.

    By Gordon Kristopher
  • uploads///Net Income
    Consumer

    Which Oilfield Service Major Achieved Earnings Progress in 2017?

    Halliburton (HAL) recorded a net loss of ~$463 million in 2017—a sharp improvement compared to a net loss of $5.73 billion in 2016.

    By Alex Chamberlin
  • uploads///OPEC crude oil production may
    Macroeconomic Analysis

    What Are the Key Bearish Drivers for Crude Oil Prices in 2016?

    Multiyear low crude oil prices impact domestic and international oil producers’ margins like PetroChina, Comstock Resources, Whiting Petroleum, and Denbury Resources.

    By Gordon Kristopher
  • uploads///Cushing
    Energy & Utilities

    Cushing Inventories Rise for the First Time in 12 Weeks

    Cushing is the largest crude oil storage hub in the United States. A market survey estimates that Cushing inventories fell from August 4 to August 11.

    By Gordon Kristopher
  • uploads///USO ETF
    Macroeconomic Analysis

    Crude Oil Prices Rally Due to Short Covering

    WTI (West Texas Intermediate) crude oil futures contracts for January delivery rose slightly by 0.4% and closed at $43.04 per barrel on Wednesday.

    By Gordon Kristopher
  • uploads///SI
    Energy & Utilities

    Short Interest in Weatherford International on August 4

    As of August 4, 2017, Weatherford International’s (WFT) short interest as a percentage of its float was 15.8%—unchanged compared to June 30, 2017.

    By Alex Chamberlin
  • uploads///RV
    Company & Industry Overviews

    Inside Patterson-UTI Energy’s Current Valuation Compared to Peers

    Patterson-UTI Energy’s EV, when scaled by trailing-12-month adjusted EBITDA, is lower than the group peer average.

    By Alex Chamberlin
  • uploads///oil and price inventory
    Macroeconomic Analysis

    US Crude Oil Inventories Could Reach Record Levels

    On February 22, the API will release its weekly crude oil inventory report. US crude oil inventories could have risen from February 10–17, 2017.

    By Gordon Kristopher
  • uploads///forcast
    Macroeconomic Analysis

    Russia’s Central Bank: Crude Oil Prices Could Hit $40 per Barrel

    Brent crude oil prices could fall as low as $40 per barrel by the end of 2017 if OPEC doesn’t extend major producers’ production cut deal in 2H17.

    By Gordon Kristopher
  • uploads///WTI prices
    Macroeconomic Analysis

    Why Goldman Sachs Revised Its Crude Oil Price Forecast

    Goldman Sachs (GS) forecast that Brent crude oil prices could test $50 per barrel in 2H16 due to recent supply outages.

    By Gordon Kristopher
  • uploads///oil producers
    Macroeconomic Analysis

    Hopes for Oil Producer Meeting Boosted Prices for Last 2 Months

    The Doha meeting was originally scheduled for March 2016. However, due to scheduling difficulties, it had to be postponed, which led to a rise in crude oil price volatility.

    By Gordon Kristopher
  • uploads///libya
    Macroeconomic Analysis

    Libya’s Crude Oil Production Reached a 3-Year High

    Libya’s National Oil Corporation reported that the country’s crude oil production rose by 300,000 bpd between September 2016 and January 2017.

    By Gordon Kristopher
  • uploads///WTI prices
    Energy & Utilities

    Major Banks Predict Crude Might Trade Like This For the Rest of 2016

    December 2016 WTI crude oil contracts are trading at a discount of $4 per barrel to December 2017 WTI crude oil contracts—the widest gap in almost 8 months.

    By Gordon Kristopher
  • uploads///NG rigs
    Energy & Utilities

    OPEC Could Pressure US Natural Gas Prices in 2018

    US natural gas rigs rose 35% in the last 12 months, while US natural gas prices (UNG) fell 20% during this period.

    By Gordon Kristopher
  • uploads///US gasoline demand
    Macroeconomic Analysis

    What Are the Key Drivers for the Crude Oil Market This Week?

    July West Texas Intermediate crude oil futures contracts trading in NYMEX rose by 2.9% and settled at $49.37 per barrel on June 20, 2016.

    By Gordon Kristopher
  • uploads///us crude oil stocks
    Macroeconomic Analysis

    API Crude Oil Stocks Could Add More Pain for Crude Oil Prices

    On April 19, the API will release its weekly crude oil inventory report. The US crude oil inventory rose by 6.22 MMbbls for the week ending April 8, 2016.

    By Gordon Kristopher
  • uploads///image
    Macroeconomic Analysis

    Will the Fed and US Dollar Impact Crude Oil Prices?

    The US dollar and crude oil (IEZ) (PXI) are usually inversely related. A rise in the US dollar makes crude oil more expensive for oil importers.

    By Gordon Kristopher
  • uploads///Major oil producers
    Macroeconomic Analysis

    Producers’ Production Cut Deal: Will the Extension Happen?

    Crude oil (IEZ) (RYE) (USO) (XOP) prices rose ~16% between November 15, 2016, and March 6, 2017, due to major oil producers’ production cut deal.

    By Gordon Kristopher
  • uploads///NG chart
    Macroeconomic Analysis

    Natural Gas Prices Are Trading Close to $2 per MMBtu

    November natural gas futures contracts are following their long-term downward trend. Prices are trading close to the key support of $2 per MMBtu.

    By Gordon Kristopher
  • uploads///oil and inventory
    Macroeconomic Analysis

    US Crude Oil Inventories Could Hit a New Record

    On March 7, the API (American Petroleum Institute) will release its weekly crude oil inventory report. US crude oil inventories are at an all-time high.

    By Gordon Kristopher
  • uploads///oil inventory
    Macroeconomic Analysis

    Oil Traders Focus on US Crude Oil Inventories

    On January 31, the API released its weekly crude oil inventory report. It reported that US crude oil inventories rose by 5.8 MMbbls from January 20–27.

    By Gordon Kristopher
  • uploads///Crude oil rig
    Energy & Utilities

    Why the US Crude Oil Rig Count Is Slowing

    Baker Hughes reported that the US crude oil rig count fell by five to 744 on September 15–22, 2017. Rigs fell for the third straight week.

    By Gordon Kristopher
  • uploads///APA Operating Revenues
    Company & Industry Overviews

    How Could Lower Production Impact Apache Corporation’s Revenues?

    Excluding the effect of hedges, Apache Corporation’s (APA) average realized crude oil (USO) price in 4Q15 was $38.86 per barrel, down ~45% from $70.81 per barrel in 4Q14.

    By Nicholas Chapman
  • uploads///ccecafedaacfccfdd
    Macroeconomic Analysis

    Crude Oil Prices Have Fallen 11% since October 9

    December WTI crude oil futures contracts trading in NYMEX fell by 1.4% on Monday, October 26, 2015. Crude oil prices fell for the second day.

    By Gordon Kristopher
  • uploads///supply and demand
    Energy & Utilities

    Will Global Crude Oil Demand Fall in 2017 and 2018?

    The IEA downgraded the global crude oil demand estimates for 2017 and 2018, which weighed on oil (USO) (USL) prices on November 14, 2017.

    By Gordon Kristopher
  • uploads///US crude oil inventories and prices
    Miscellaneous

    Will US Crude Oil Inventories Pressure Oil Prices?

    September US crude oil (BNO) (IEZ) (UCO) futures contracts fell 0.3% to $46.4 per barrel in electronic trading at 2:15 AM EST on July 19, 2017.

    By Gordon Kristopher
  • uploads///SI
    Miscellaneous

    What Short Interest in Weatherford Indicates

    Weatherford International’s (WFT) short interest as a percentage of its float was 14.9% as of May 22, 2017, compared to ~14% as of March 31, 2017.

    By Alex Chamberlin
  • uploads///US crude oil production
    Energy & Utilities

    US Crude Oil Production Is near 4-Year Low

    The EIA estimates that US crude oil production fell by 1,074,000 bpd (barrels per day) to 8,406,000 bpd on October 6–13, 2017.

    By Gordon Kristopher
  • uploads///SI
    Miscellaneous

    What’s the Short Interest in Weatherford International?

    Weatherford International’s (WFT) short interest as a percentage of its float was 16.7% as of May 26, 2017, compared to ~14% as of March 31, 2017.

    By Alex Chamberlin
  • uploads///forecast June
    Miscellaneous

    US and Brent Crude Oil Price Forecast for the Next 6 Months

    Brent crude oil futures are trading below their 20-day, 50-day, 100-day, and 200-day moving averages of $49.9, $51.6, $53.3, and $53.8 per barrel.

    By Gordon Kristopher
  • uploads///russia
    Miscellaneous

    Will Russia’s Oil Production Fall in the Coming Months?

    Russia’s Energy Ministry reported that its oil production fell in the first half of April 2017 due to major producers’ production cut deal.

    By Gordon Kristopher
  • uploads///OPEC spare
    Energy & Utilities

    OPEC’s Spare Crude Oil Production Capacity near 7-Month High

    The EIA estimated that OPEC’s spare crude oil production capacity increased by 60,000 bpd (barrels per day), or 2.8%, to 2.1 MMbpd (million barrels per day) in November 2017 compared with the previous month.

    By Gordon Kristopher
  • uploads///SI
    Miscellaneous

    Short Interest in Weatherford International as of April 7

    Weatherford International’s (WFT) short interest as a percentage of float was 14.1% as of April 7, 2017, compared to 10.5% as of December 30, 2016.

    By Alex Chamberlin
  • uploads///Russia crude oil production
    Macroeconomic Analysis

    Russia’s Crude Oil Production Hits Record: What’s Next?

    Russia’s crude oil production rose by 2,000 bpd (barrels per day) to 11.23 MMbpd (million barrels per day) in November 2016 compared to the previous month.

    By Gordon Kristopher
  • uploads///cushing
    Macroeconomic Analysis

    Cushing Crude Oil Inventories’ Record Highs: Impact on Oil

    Market surveys estimate that Cushing crude oil inventories fell from February 10 to 17, 2017. A fall in crude oil inventories at Cushing could support US crude oil prices.

    By Gordon Kristopher
  • uploads///us crude oil stocks
    Energy & Utilities

    Could Iran Influence the Crude Oil Market?

    On August 23, Reuters reported that Iran showed interest in joining major oil producers’ meeting meant to freeze output and support crude oil prices.

    By Gordon Kristopher
  • uploads///Crude oil inventory and prices
    Miscellaneous

    US Crude Oil Futures Are near 3-Week Low: What’s Next?

    US crude oil (XLE) (XOP) (IEZ) futures contracts for September delivery fell 0.1% to $47.55 per barrel on August 15, 2017.

    By Gordon Kristopher
  • uploads///HAL
    Consumer

    How Did Halliburton Turn Its Free Cash Flow Positive in 2017?

    Halliburton’s (HAL) CFO (cash flow from operating activities) in 2017 was a significant improvement over 2016.

    By Alex Chamberlin
  • uploads///oil price and oil inventory
    Miscellaneous

    Why Traders Are Tracking the API’s Crude Oil Inventories

    A market survey estimates that US crude oil inventories fell by 2.83 MMbbls on June 23–30, 2017. Gasoline inventories might have fallen by 0.5 MMbbls.

    By Gordon Kristopher
  • uploads///image
    Energy & Utilities

    OPEC Mania Is Back: Will Crude Oil Soar?

    US crude oil rose on November 18 due to the market’s belief that OPEC (Organization of the Petroleum Exporting Countries) members might cut their output.

    By Rabindra Samanta
  • uploads///WTI crude
    Fund Managers

    Jeffrey Gundlach: The Junk Bond Market Needs Higher Oil Prices

    Jeffrey Gundlach also warned about the high-yield market (HYG) (JNK). He said the “clock is running out” for energy companies (IEZ) due to low oil (USO) prices.

    By Surbhi Jain
  • uploads///gas prices
    Macroeconomic Analysis

    Gasoline Futures and Crude Oil Prices Diverged

    April gasoline futures fell 1.3% to $1.58 per gallon on March 15, 2017. Prices fell despite the fall in US gasoline inventories.

    By Gordon Kristopher
  • uploads///oil rig
    Energy & Utilities

    US Crude Oil Rigs Recovered from a Two-Month Low

    US crude oil rigs rose by three to 861 on July 20–27. The rigs hit 858 for the week ending July 20—near the lowest level since May 18.

    By Gordon Kristopher
  • uploads///RV
    Miscellaneous

    How Do Large OFS Companies’ Valuations Stack Up?

    Schlumberger’s enterprise value (or EV) when scaled by trailing-12-month (or TTM) adjusted EBITDA is lower than the peer average in our group here.

    By Alex Chamberlin
  • uploads///Crude oil rigs
    Energy & Utilities

    US Crude Oil Rigs Rose the Most since June 2017

    Baker Hughes released its weekly oil and gas rig count report on November 10. It estimated that US oil rig counts rose by nine to 738 on November 3–10.

    By Gordon Kristopher
  • uploads///NG chart
    Macroeconomic Analysis

    Will Natural Gas Prices Hold above $2 per MMBtu

    Long-term bearish momentum is dragging natural gas prices to record lows. All the fundamental drivers are supporting the bearish traders.

    By Gordon Kristopher
  • uploads///NG chart
    Macroeconomic Analysis

    Bottom Fishing: Natural Gas Prices Could Rally

    The long-term bearish momentum could cause natural gas prices to fall, and the next support for natural gas prices could be seen at $2 per MMBtu.

    By Gordon Kristopher
  • uploads///Russia
    Macroeconomic Analysis

    Will Russia’s Crude Oil Production Impact Crude Oil Prices?

    Russia is the largest crude oil producer in the world. Its crude oil production was flat at 11.1 MMbpd in February 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///HV
    Energy & Utilities

    What Does Patterson-UTI Energy’s Historical Valuation Suggest?

    Patterson-UTI Energy’s forward PE multiple isn’t available, which indicates negative earnings in the next 12 months.

    By Alex Chamberlin
  • uploads///refinery demand
    Macroeconomic Analysis

    Crude Oil Prices Tumble Due to Slowing Refinery Demand

    September West Texas Intermediate crude oil futures contracts trading on the NYMEX fell by 3.7% and closed at $40.06 per barrel on August 1, 2016.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Crude Oil Prices Fell below 200-Day Moving Average

    So far, crude oil prices and broader markets such as the S&P 500 (SPY) (SPX-INDEX) are diverging in 2017. SPY has risen 4.9% YTD (year-to-date).

    By Gordon Kristopher
  • uploads///gdp consu and wti
    Macroeconomic Analysis

    Oil Prices, World Oil Consumption, and Global Economic Growth

    Steady world oil consumption would support oil prices in 2017. The change in world consumption is expected to average 1.6% in 2017.

    By Gordon Kristopher
  • uploads///Saudi Arabia
    Miscellaneous

    Saudi Arabia’s Real Crude Oil Production and Export Plans

    The EIA estimates that Saudi Arabia’s crude oil production rose by 50,000 bpd to 10.03 MMbpd in May 2017—the highest level in the last five months.

    By Gordon Kristopher
  • uploads///SI
    Miscellaneous

    What Was the Short Interest in Weatherford on June 2?

    Weatherford International’s (WFT) short interest as a percentage of its float was 16.6% as of June 2, 2017, compared to 13.9% as of March 31, 2017.

    By Alex Chamberlin
  • uploads///ffbdcccffaec
    Miscellaneous

    Crude Oil Prices Rose Due to Geographical Tensions

    The US benchmark WTI crude oil futures contracts for December delivery rose by 2.5% on November 16. Crude oil prices rose due to possible supply disruptions.

    By Gordon Kristopher
  • uploads///US crude oil production
    Miscellaneous

    US Crude Oil Production Could Hit a Record

    The EIA reported that US crude oil production rose by 32,000 bpd (barrels per day) to 9,429,000 bpd on July 7–14, 2017. Production is at a two-year high.

    By Gordon Kristopher
  • uploads///SI
    Miscellaneous

    Weatherford International’s Short Interest on May 12

    Weatherford International’s (WFT) short interest as a percentage of its float was 14.9% on May 12, 2017, compared to ~14% on March 31, 2017.

    By Alex Chamberlin
  • uploads///oiland inventory
    Energy & Utilities

    US Crude Oil Imports from Saudi Arabia Hit a 7-Year Low

    US crude oil imports have fallen 4.5% YTD. US crude oil imports from Saudi Arabia are at a seven-year low at 524,000 bpd for the week ending July 14, 2017.

    By Gordon Kristopher
  • uploads///US crude oil inventories
    Energy & Utilities

    US Crude Oil Inventories Fell 10% from Their Peak

    The EIA reported that US crude oil inventories fell by 1.5 MMbbls (million barrels) or 0.3% to 481.8 MMbbls on July 21–July 28, 2017.

    By Gordon Kristopher
  • uploads///crude oil inventories
    Macroeconomic Analysis

    US Crude Oil Inventories Hit a New All-Time High

    April West Texas Intermediate crude oil (ERX) (USO) (UCO) futures contracts were flat at $54.45 per barrel in electronic trading at 12:40 AM EST on February 24, 2017.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Will US Natural Gas Futures Fall More?

    US natural gas (GASL) futures contracts for January delivery were below their 20-day, 50-day, and 100-day moving averages on December 14, 2017.

    By Gordon Kristopher
  • uploads///Distillate
    Energy & Utilities

    US Distillate Inventories Are near a 3-Year Low

    US distillate inventories fell by 302,000 barrels to 128.9 MMbbls (million barrels) on October 20–27, 2017. It’s the lowest level since April 10, 2015.

    By Gordon Kristopher
  • uploads///US crude oil production
    Miscellaneous

    What Could Offset OPEC’s Crude Oil Production Cut Deal?

    US crude oil production rose by 22,000 bpd to 9,342,000 bpd on May 19–26, 2017. Production is near the highest level since August 14, 2015.

    By Gordon Kristopher
  • uploads///oil production us
    Macroeconomic Analysis

    US Crude Oil Production: Highest Level since March 2016

    The EIA estimates that US crude oil production will average 8,980,000 bpd and 9,530,000 bpd in 2017 and 2018, respectively.

    By Gordon Kristopher
  • uploads///HAL
    Consumer

    What’s Up with Halliburton’s Net Debt-to-Equity Ratio?

    On March 31, 2018, Halliburton’s (HAL) net debt was $8.57 billion, 3% lower than its net debt of $8.88 billion on March 31, 2017.

    By Alex Chamberlin
  • uploads///Net Income
    Consumer

    Schlumberger’s Earnings Made Progress in 9M17

    In 9M17, Schlumberger reported a net income of $749 million—a huge improvement compared to 9M16 when it recorded a net loss of nearly $1.48 billion.

    By Alex Chamberlin
  • uploads///monthly us crude oil production
    Miscellaneous

    Monthly US Crude Oil Production Hit May 2016 High

    The EIA reported that monthly US crude oil production rose by 60,000 bpd (barrels per day) to 8.8 MMbpd in January 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///gasoline inventory
    Miscellaneous

    Gasoline Inventories Could Push Crude Oil Prices to a New Low

    The API released its weekly inventory report on May 2, 2017. It estimated that US gasoline inventories fell by 1.9 MMbbls (million barrels) on April 21–28.

    By Gordon Kristopher
  • uploads///US crude oil production
    Macroeconomic Analysis

    How US Crude Oil Production Affects Crude Oil Prices

    The EIA (U.S. Energy Information Administration) reported that US crude oil production rose 14,000 bpd (barrels per day) to 8,464,000 bpd between October 7 and October 14, 2016.

    By Gordon Kristopher
  • uploads///dfaafbfcedce
    Macroeconomic Analysis

    How the US Dollar and Brexit Are Affecting Crude Oil Prices

    Prior to the Brexit referendum, WTI (West Texas Intermediate) crude oil futures contracts for August delivery rose by 2% and settled at $50.11 per barrel on Thursday, June 23, 2016.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    EIA Downgraded Crude Oil Price Forecasts for 2017 and 2018

    The EIA estimates that US WTI and Brent crude oil prices will average $55.1 per barrel and $57.1 per barrel, respectively, in 2018.

    By Gordon Kristopher
  • uploads///OPEC
    Energy & Utilities

    OPEC’s Crude Oil Production Fell in October

    Reuters estimates that OPEC’s crude oil production fell by 80,000 bpd (barrels per day) to 32,780,000 bpd in October 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///china
    Miscellaneous

    Analyzing China’s Crude Oil Imports and Demand

    Bloomberg estimates that China’s crude oil imports fell by 810,000 bpd (barrels per day) to 8.4 MMbpd (million barrels per day) in April 2017.

    By Gordon Kristopher
  • uploads///REvenue and EBITDA
    Miscellaneous

    Will Technip-FMC Merger Change the Pecking Order in OFS Industry?

    Schlumberger (SLB), the oilfield services (or OFS) industry leader, generated $35.4 billion in revenues in 2015. It will continue to be the industry leader even after the FMC-Technip merger.

    By Alex Chamberlin
  • uploads///OPEC spare
    Energy & Utilities

    How OPEC’s Spare Crude Oil Production Capacity Is Recovering

    The EIA estimates that OPEC’s spare crude oil production capacity rose 35,000 bpd (barrels per day) to 2 MMbpd (million barrels per day) in August 2017.

    By Gordon Kristopher
  • uploads///gasoline inventory
    Macroeconomic Analysis

    Gasoline Inventories Could Fall from All-Time High Levels

    The API released its weekly inventory report on February 22, 2017. It estimated that US gasoline inventories fell by 0.9 MMbbls from February 10–17, 2017.

    By Gordon Kristopher
  • uploads///fadedabecfeddcdf
    Macroeconomic Analysis

    Crude Oil Prices Fell Due to the Appreciating US Dollar

    December WTI crude oil futures contracts trading in NYMEX fell by 2.6% on November 17. Crude oil prices resumed a downward trend.

    By Gordon Kristopher
  • uploads///USO ETF
    Macroeconomic Analysis

    Why Did WTI Fall More than Brent Crude Oil Prices?

    WTI crude oil futures contracts for January delivery fell by 4.7% during the first week of December. Crude oil prices were volatile due to OPEC’s meeting.

    By Gordon Kristopher
  • uploads///Cushing crude oil charts
    Macroeconomic Analysis

    Cushing Crude Oil Stocks and Nationwide Inventory Diverge

    On October 29, 2015, Genscape reported that the crude oil inventory at Cushing, Oklahoma, continued to fall. The inventory fell for the second straight week.

    By Gordon Kristopher
  • uploads///OPEC
    Miscellaneous

    OPEC’s Crude Oil Exports: Bullish or Bearish for Traders?

    Reuters estimates that OPEC’s crude oil exports rose by 450,000 bpd to 25.92 MMbpd in June 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///Major producers June
    Miscellaneous

    Strong Demand and Production Cuts Could Impact Crude Oil Futures

    US crude oil futures (DWT) (UCO) contracts for March delivery rose 0.96% to $66.14 per barrel on January 26, 2018.

    By Gordon Kristopher
  • uploads///Iran crude oil production
    Energy & Utilities

    Crude Oil Futures and Wall Street Extends the Rally

    US crude oil futures contracts for February delivery also rose 0.6% to $62.01 per barrel on January 4, 2018—the highest settlement since December 2014.

    By Gordon Kristopher
  • uploads///NOV
    Company & Industry Overviews

    Institutional Investors Seem Bearish on National Oilwell Varco

    The Vanguard Group, Dodge & Cox, and First Eagle Investment Management are the top three institutional investors in National Oilwell Varco.

    By Rekha Khandelwal, CFA
  • uploads///SI
    Miscellaneous

    Short Interest in Schlumberger as of May 25

    Since May 26, 2017, short interest in SLB has increased 1.4%.

    By Alex Chamberlin
  • uploads///Historical valuation
    Miscellaneous

    What Schlumberger’s Historical Valuations Suggest

    On March 29, Schlumberger’s (SLB) stock price was 4.0% lower than on December 29, 2017.

    By Alex Chamberlin
  • uploads///SI
    Miscellaneous

    Gauging Short Interest in Keane Group as of May 25

    As of May 25, 2018, short interest in Keane Group (FRAC) as a percentage of its float was 13.4%, compared to 32.5% as of May 25, 2017.

    By Alex Chamberlin
  • uploads///SI
    Energy & Utilities

    What’s the Short Interest in Helix Energy Solutions on May 10?

    Since May 10, 2017, short interest in HLX has gone down 15%.

    By Alex Chamberlin
  • uploads///gulf natural gas rig offshore
    Earnings Report

    What Were TechnipFMC’s Earnings Drivers in 1Q18?

    TechnipFMC (FTI) released its 1Q18 financial results on May 9. From 1Q17 to 1Q18, the Subsea segment’s revenue decreased 14%.

    By Alex Chamberlin
  • uploads///Broker Recommendtions
    Energy & Utilities

    Analysts’ Forecasts for Schlumberger, Post-1Q18 Earnings Release

    In this article, we’ll look at Wall Street analysts’ forecasts for Schlumberger (SLB) following its 1Q18 earnings release.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Energy & Utilities

    Wall Street’s Forecasts for Weatherford after 1Q18 Earnings

    In this article, we’ll look at Wall Street analysts’ forecasts for Weatherford International (WFT) stock following the company’s 1Q18 earnings release.

    By Alex Chamberlin
  • uploads///SI
    Basic Materials

    How National Oilwell Varco’s Short Interest Compares

    Short interest in National Oilwell Varco (NOV) as a percentage of its float was 6.1% as of April 16, 2018.

    By Alex Chamberlin
  • uploads///Top Cover page
    Earnings Report

    What Analysts Expect for National Oilwell Varco in 1Q18

    In 1Q18, Wall Street analysts expect National Oilwell Varco (NOV) to post adjusted EPS (earnings per share) of -$0.01, compared with -$0.04 in 4Q17.

    By Alex Chamberlin
  • uploads///SI
    Earnings Report

    Gauging Short Interest in Baker Hughes, a GE Company

    Short interest in Baker Hughes, a GE Company (BHGE), as a percentage of its float was 5.7% as of April 12, 2018, compared to 2.7% as of April 12, 2017.

    By Alex Chamberlin
  • uploads///SI
    Energy & Utilities

    Short Interest in Nabors Industries on February 12

    On February 12, 2018, short interest in Nabors Industries (NBR) as a percentage of its float was 18.6% compared to 7.8% on February 13, 2017.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Basic Materials

    Wall Street’s Forecasts for Weatherford after Its 4Q17 Earnings

    Wall Street analysts’ mean target price for Weatherford International (WFT) on February 2 was ~$5.30. WFT is currently trading at ~$3.50, implying an ~52.0% upside at its current price.

    By Alex Chamberlin
  • uploads///US crude oil inventories
    Energy & Utilities

    US Crude Oil Inventories Limit the Upside for Oil Prices

    The EIA reported that US crude oil inventories increased by 6.8 MMbbls (million barrels) to 418.3 MMbbls on January 19–26, 2018.

    By Gordon Kristopher
  • uploads///Broker Recommendations
    Energy & Utilities

    Wall Street’s Forecasts for Baker Hughes after Its 4Q17 Earnings

    In this article, we’ll look at Wall Street analysts’ forecasts for shares of Baker Hughes, a GE company (BHGE) following its 4Q17 earnings release.

    By Alex Chamberlin
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