National Oilwell Varco Inc

Latest National Oilwell Varco Inc News and Updates

  • uploads///Gas Expected
    Macroeconomic Analysis

    January 2017 EIA Estimates: US Shale Gas Production Could Fall

    The EIA expects less natural gas production at four key US shales by January 2017 compared to November 2016. It expects production to rise at three key US shales.

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

    Analyzing National Oilwell Varco’s Free Cash Flow

    National Oilwell Varco’s cash from operating activities (or CFO) rose by more than four times in 1Q16 compared to 1Q15.

    By Alex Chamberlin
  • uploads///Capex change
    Consumer

    SLB, HAL, NOV, and BHGE: Comparing the Capex Growth

    National Oilwell Varco’s (NOV) capital expenditure or capex fell ~32% in fiscal 2017—compared to its capex spend in fiscal 2016.

    By Alex Chamberlin
  • uploads///Stock Prices
    Consumer

    Schlumberger’s 1-Year Returns on August 11

    Schlumberger’s (SLB) one-year stock price fell 21.0% as of August 11, 2017. In the past year, the Energy Select Sector SPDR ETF (XLE) has fallen 7.0%.

    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///SLB
    Consumer

    Schlumberger: Do Analysts Expect the Stock to Rise?

    For Schlumberger, seven analysts rated it as a “strong buy,” 15 rated it as a “buy,” 13 rated it as a “hold,” and one rated it as a “sell.”

    By Rekha Khandelwal, CFA
  • 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///Revenue Split
    Miscellaneous

    Weatherford International’s Value Drivers in 1Q17

    Weatherford International’s (WFT) Latin American revenue fell the most (21.0%) from 1Q16 to 1Q17.

    By Alex Chamberlin
  • uploads///Share Price and Projections
    Company & Industry Overviews

    What’s Weatherford Management Saying after Fiscal 4Q15 Earnings?

    Weatherford International’s (WFT) management expects crude oil price to start stabilizing by the second half of 2016. It plans to keep reducing costs to manage the current uncertainty.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Earnings Report

    Schlumberger: Analyzing Wall Street Forecasts Post–Q3 Earnings

    In this series, we’ve seen Schlumberger’s (SLB) stock has held up following its latest quarter earnings release. Now let’s look at what Wall Street forecasts.

    By Alex Chamberlin
  • uploads///featured image
    Consumer

    Schlumberger’s Q1 Earnings Are Expected to Fall 21%

    Schlumberger (SLB) is scheduled to report its first-quarter earnings on April 18. Analysts’ consensus EPS estimate is $0.3 per share.

    By Rekha Khandelwal, CFA
  • uploads///No choice
    Macroeconomic Analysis

    What Rate Hike Road Is the Fed Really on in 2016? (It Looks Strangely Like 2015)

    Policymakers are now hinting toward a rate hike in June. But markets seem to be feeling otherwise.

    By David Ashworth
  • uploads///featured image
    Consumer

    Analyzing Halliburton’s Q4 Earnings

    Halliburton reported its fourth-quarter results on January 22. The company’s EPS fell to $0.41 from $0.53 per share in the fourth quarter of 2017.

    By Rekha Khandelwal, CFA
  • uploads///Broker Recommendations
    Earnings Report

    Wall Street’s Forecasts for Halliburton before Its 3Q15 Earnings

    Wall Street’s forecasts for Halliburton include ~76% of analysts rating the company as a “buy” or some equivalent.

    By Alex Chamberlin
  • uploads///featured image
    Consumer

    Helmerich & Payne’s Q1 Results and 2019 Outlook

    Helmerich & Payne reported its first-quarter results on January 29. The company reported an EPS of $0.17 for the quarter ending December 31.

    By Rekha Khandelwal, CFA
  • uploads///Net DEBT
    Miscellaneous

    Analyzing National Oilwell Varco’s Net Debt after 1Q17

    National Oilwell Varco’s (NOV) net debt increased 4% in 1Q17 over 1Q16. Its net debt amounted to ~$1.7 billion in 1Q17.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Miscellaneous

    Wall Street Analysts’ Forecasts for Flotek Industries

    On May 3, 2017, after Flotek Industries’ 1Q17 earnings were released, all of the sell-side analysts tracking Flotek Industries rated it as a “buy.”

    By Alex Chamberlin
  • uploads///RV
    Consumer

    What’s Baker Hughes’s Current Valuation versus Peers?

    Baker Hughes, a GE Company (BHGE), is the largest company by market capitalization in our select set of major oilfield services and equipment companies.

    By Alex Chamberlin
  • uploads///Net Income
    Company & Industry Overviews

    Finding Trends in Oilfield Services Companies’ Net Incomes

    Many oilfield equipment and services (or OFS) companies witnessed stupendous rises in their net incomes from 2009 to 2014.

    By Alex Chamberlin
  • uploads///LCRX
    Consumer

    Why Greenlight started a new position in Lam Research Corporation

    Greenlight disclosed a new position in Lam Research Corporation, which accounts for 1.01% of the fund’s 1Q 2014 portfolio.

    By Samantha Nielson
  • uploads///Upstream capex and EBITDA
    Miscellaneous

    How Flotek Could React to Upstream Operators’ Capex and the Rig Count

    From 1Q16 to 1Q17, Flotek’s EBITDA margin shrank to 3.3% from 4.1%. FTK’s EBITDA margin has been 1.7%, on average, for the past five quarters.

    By Alex Chamberlin
  • uploads///Correlation
    Consumer

    What Are Large Oilfield Companies’ Correlations with Crude Oil?

    The correlation coefficient between Schlumberger’s stock price and crude oil prices from January 11, 2017, to January 11, 2018, was 0.47.

    By Alex Chamberlin
  • uploads///SI
    Consumer

    Short Interest in SLB, HAL, WFT, and NOV after 2Q17

    The short interest in Schlumberger (SLB), as a percentage of its float, is 1.5% as of August 7, 2017—compared to 1.6% as of June 30, 2017.

    By Alex Chamberlin
  • uploads///Net debt
    Company & Industry Overviews

    How Deeply Leveraged Are Oilfield Services Companies?

    From 2009 to 2015, Halliburton’s (HAL) net debt swelled 340%. By September 30, 2016, HAL’s net debt rose 71% compared to December 31, 2015.

    By Alex Chamberlin
  • uploads///Adjusted versus Estimates
    Earnings Report

    What Do Analysts Expect of Halliburton’s 4Q16 Earnings?

    Wall Street analysts expect Halliburton’s (HAL) 4Q16 adjusted earnings per share to reach $0.013—a 29% improvement over its 3Q16 adjusted earnings.

    By Alex Chamberlin
  • uploads///AGNC
    Consumer

    Greenlight opens a new position in REIT American Capital Agency

    Greenlight disclosed a new position in American Capital Agency Corporation. It accounts for 1.69% of the fund’s 1Q 2014 portfolio.

    By Samantha Nielson
  • uploads///SI
    Miscellaneous

    What’s Nabors Industries’ Short Interest as of June 19?

    Short interest in Nabors Industries (NBR) as a percentage of its float was 11.4% as of June 19, 2017, compared to 10.1% as of March 31, 2017.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Miscellaneous

    Analysts’ Forecasts for National Oilwell Varco on April 7

    On April 7, ~18% of the analysts tracking National Oilwell Varco rated it a “buy,” ~74% rated it a “hold,” and only 8% of the analysts rated it a “sell.”

    By Alex Chamberlin
  • uploads///NA Reveue and Rig Count
    Miscellaneous

    How the US Rig Count Affected SLB, HAL, and BHI in 1Q17

    In the past year, Schlumberger’s (SLB) North America revenues declined 14%. In 1Q17, SLB’s revenues from North America totaled 28% of its total revenues.

    By Alex Chamberlin
  • uploads///featured image
    Company & Industry Overviews

    Halliburton Has Underperformed Its Peers in 2018—What’s Ahead?

    Halliburton (HAL) stock has fallen ~18% in 2018, underperforming its sector peers. HAL stock fell significantly after its Q2 earnings.

    By Rekha Khandelwal, CFA
  • uploads///Capex and EBITDA
    Company & Industry Overviews

    How Upstream Operators’ Capex Could Affect NOV’s Margin in 2017

    From 4Q15 to 4Q16, National Oilwell Varco’s (NOV) EBITDA margin crashed, dropping from 6.8% to -45.3% during this period.

    By Alex Chamberlin
  • uploads///Revenues
    Consumer

    Halliburton Recorded Strong Revenue Growth in 2017

    Halliburton (HAL) registered the highest revenue growth in our group. Halliburton’s 2017 revenues increased 29.8% to $20.62 billion.

    By Alex Chamberlin
  • uploads///GM
    Consumer

    Why Greenlight decided to exit its position in General Motors

    Greenlight disposed of its stake in General Motors, which accounted for 9.55% of the fund’s 4Q 2013 portfolio.

    By Samantha Nielson
  • uploads///Historical Multiples
    Miscellaneous

    What Nabors Industries’ Historical Valuation Suggests

    On March 31, 2017, Nabors Industries (NBR) stock was 20.0% lower than it was on December 30, 2016. In 1Q17, NBR’s adjusted earnings were negative.

    By Alex Chamberlin
  • uploads///Segment Revenue
    Earnings Report

    Will Strategic Alternatives Shape Flotek Industries in 2017?

    The Energy Chemistry Technology segment accounted for 76% of Flotek Industries’ revenues in 1Q17. The segment’s revenues rose 36% in 1Q17—compared to 1Q16.

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

    Oil-Weighted Upstream Stocks: Outlier in the Energy Space

    On August 24–31, upstream stock California Resources (CRC) saw the highest gain on our list of energy stocks.

    By Rabindra Samanta
  • uploads///Stock Prices
    Energy & Utilities

    Analyzing Weatherford’s Stock in the Past Year

    In the past year, Weatherford International stock has fallen 19% as of August 4, 2017. It has underperformed the VanEck Vectors Oil Services ETF (OIH).

    By Alex Chamberlin
  • uploads///Stock Prices
    Miscellaneous

    Saudi Aramco Deals Could Help Schlumberger Stock

    On May 20, 2017, Schlumberger signed a memorandum of understanding with Saudi Arabia’s state-owned oil company Saudi Aramco.

    By Alex Chamberlin
  • uploads///Net Debt
    Company & Industry Overviews

    Analyzing National Oilwell Varco’s Debt—A 2% Year-over-Year Fall

    National Oilwell Varco’s (NOV) total debt decreased ~18% in 4Q16 over 4Q15. Its cash and marketable securities decreased 31% during the same period.

    By Alex Chamberlin
  • uploads///US Revenue and Rig Count
    Earnings Report

    Will the US Rig Count Affect National Oilwell Varco in 4Q16?

    A higher US rig count could increase the 4Q16 revenues and earnings of oilfield equipment and services providers such as National Oilwell Varco and Oil States International.

    By Alex Chamberlin
  • uploads///SI
    Miscellaneous

    What’s the Short Interest in Large OFS Companies on July 6?

    Short interest in Schlumberger (SLB) as a percentage of its float is 1.2% as of July 6, 2017, compared to 1.2% as of March 31, 2017.

    By Alex Chamberlin
  • 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///NOV
    Consumer

    National Oilwell Varco’s Forward Valuation Multiple Improved

    National Oilwell Varco’s forward PE multiple is positive, which reflects sell-side analysts’ estimates of positive earnings in the next 12 months.

    By Alex Chamberlin
  • uploads///Stock Prices
    Energy & Utilities

    How Weatherford Stock Moved in the Week Ended November 17

    Weatherford International (WFT) stock fell 16.0% in the week ended November 17, 2017. The VanEck Vectors Oil Services ETF (OIH) generated a return of -6.0% during this period.

    By Alex Chamberlin
  • uploads///engineering fuel gas holders
    Consumer

    Which Oilfield Services Stocks Are Outperforming the Industry?

    Halliburton has outperformed OIH in the past year. Since February 6, 2017, Halliburton stock has decreased ~14%.

    By Alex Chamberlin
  • uploads///Net Debt
    Company & Industry Overviews

    Analyzing Net Debt for the 4 Biggest Oilfield Servies Companies

    In fiscal 1Q16, Schlumberger’s (SLB) net debt-to-EBITDA ratio was 1.1. SLB’s indebtedness more than doubled from 0.53 a year ago.

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

    How’s Schlumberger Valued Compared to Its Peers?

    Schlumberger (SLB) is the largest company by market capitalization among our set of select OFS (oilfield equipment and services) companies.

    By Alex Chamberlin
  • uploads///EPS
    Consumer

    Did Schlumberger’s 3Q17 Earnings Match the Estimates?

    Schlumberger (SLB) released its 3Q17 financial results on October 20, 2017. Its total revenues were ~$7.9 billion, a 12.6% rise from ~$7.1 billion in 3Q16.

    By Alex Chamberlin
  • uploads///OneStim
    Earnings Report

    Where Does Schlumberger Think Energy Production Is Headed?

    On March 24, 2017, Schlumberger and Weatherford International announced that they had inked an agreement to form a joint venture (or JV) called OneStimSM.

    By Alex Chamberlin
  • uploads///gas _
    Consumer

    Does Halliburton Have a Brighter Outlook for Q2 2018?

    From June 8, 2017, to June 7, 2018, Halliburton (HAL) stock has risen 11%. The price of WTI crude oil has risen 45% in the same period.

    By Alex Chamberlin
  • uploads///MA Price
    Miscellaneous

    Why Is Basic Energy Services’ Stock Price Bearish?

    On May 8, 2017, Basic Energy Services’ stock price was trading at $27.29, a fall of ~23% since the beginning of 2017. In this series, we’ll analyze why.

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

    Schlumberger’s Next-7-Day Stock Price Forecast

    On March 2, 2018, Schlumberger’s (SLB) implied volatility was 27.1%.

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

    How National Oilwell Varco’s Valuation Stacks Up with Peers

    National Oilwell Varco’s TTM PE (price-to-earnings) multiple of ~15x is lower than its peer average in the group.

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

    How Does Halliburton’s Valuation Compare to Peers?

    Halliburton’s (HAL) EV (approximately the summation of its equity value and net debt) when scaled by trailing-12-month (or TTM) adjusted EBITDA is lower than the peers’ average in the group.

    By Alex Chamberlin
  • uploads///Returns
    Earnings Report

    National Oilwell Varco’s Q2 2018 Earnings and the Market

    Since April 26 when National Oilwell Varco released its Q1 2018 financial results, NOV stock has risen 10%.

    By Alex Chamberlin
  • uploads///Broker Recomendations
    Miscellaneous

    Wall Street Analysts’ Forecasts for National Oilwell Varco

    On February 24, ~14% of the analysts tracking National Oilwell Varco rated it as a “buy,” ~74% rated it as a “hold,” and 12% rated it as a “sell.”

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

    Does Wall Street Love the Lowest Cash-Generating Oilfield Stocks?

    Approximately 13% of the Wall Street analysts tracking National Oilwell Varco (NOV) have recommended a “buy” or equivalent as of May 18.

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

    National Oilwell Varco’s Correlation with Crude Oil Prices

    National Oilwell Varco’s correlation with crude oil prices increased in the trailing year to September 8, 2017—compared to the previous year.

    By Alex Chamberlin
  • uploads///NA Rev and Rig Count
    Earnings Report

    Will US Rig Count Affect Schlumberger in 4Q16?

    From September 30, 2016 through December 30, 2016, the US rig count rose 26.0%. A higher US rig count could increase Schlumberger’s (SLB) 4Q16 revenues and earnings.

    By Alex Chamberlin
  • uploads///featured image
    Consumer

    Will SLB, HAL, BHGE, and FTI Rise 50%?

    Baker Hughes (BHGE) and National Oilwell Varco (NOV) have fallen 26% and 11%, respectively, YTD.

    By Rekha Khandelwal, CFA
  • uploads///pump jack _
    Consumer

    What Analysts Expect from Schlumberger’s Q2 2018 Earnings

    In the second quarter of 2018, analysts expect Schlumberger (SLB) to report $0.43 adjusted EPS, a 13% sequential increase.

    By Alex Chamberlin
  • 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///FCF
    Company & Industry Overviews

    Free Cash Flow Trends: Are OFS Companies Burning Cash?

    Many oilfield equipment and services (or OFS) companies’ cash flows have taken a beating following the energy price weakness in the past two years.

    By Alex Chamberlin
  • uploads///MA Price
    Consumer

    How Halliburton’s Stock Price Compares

    In this series, we’ll analyze Halliburton’s drivers, balance sheet, free cash flow, and dividend yield.

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

    Why Was Tidewater’s Free Cash Flow Negative?

    In the first six months of 2017, Tidewater’s free cash flow was -$10 million. Tidewater generated positive free cash flow in fiscal 2016.

    By Alex Chamberlin
  • uploads///Stock Prices
    Consumer

    National Oilwell Varco’s Opportunities and Concerns

    Since September 9, 2016, National Oilwell Varco stock has fallen 4% as of September 8, 2017. During this period, National Oilwell Varco outperformed OIH.

    By Alex Chamberlin
  • uploads///Stock Prices
    Miscellaneous

    Analyzing the 1-Year Prices for 4 Mega Oilfield Services Companies

    In this series, we’ll compare four of the most prominent US oilfield services and equipment companies—Schlumberger (SLB), Halliburton (HAL), Baker Hughes (BHI), and National Oilwell Varco (NOV).

    By Alex Chamberlin
  • uploads///Revenue Growth
    Consumer

    Is Halliburton’s Revenue Rising Faster than Peers’ Revenues?

    Halliburton’s (HAL) 2Q17 revenue rose ~29% to $5.0 billion from $3.8 billion a year ago.

    By Alex Chamberlin
  • uploads///Segments
    Consumer

    Analyzing National Oilwell Varco’s Drivers in Q2 2018

    From Q2 2017 to Q2 2018, National Oilwell Varco’s (NOV) Wellbore Technologies segment revenue rose 29.2%.

    By Alex Chamberlin
  • uploads///capital exp
    Company & Industry Overviews

    Understanding Halliburton’s Capital Expenditure Focus

    Halliburton (HAL) plans to spend $2.0 billion on capital projects in 2018.

    By Rekha Khandelwal, CFA
  • uploads///IV
    Energy & Utilities

    Analyzing Schlumberger’s Stock Price Forecast This Week

    From April 20 to June 29, Schlumberger’s implied volatility has remained nearly unchanged at ~24.0%.

    By Alex Chamberlin
  • uploads///oil pump jacks energy industry rig
    Company & Industry Overviews

    Are Institutional Investors Bearish on Schlumberger?

    Seven of the top ten investors reduced their positions in Schlumberger in the second quarter, which likely hints at investors’ bearish sentiment.

    By Rekha Khandelwal, CFA
  • uploads///Diviednd and Yield
    Earnings Report

    Can National Oilwell Varco’s Dividend Fall More?

    The latest dividend reduction should improve National Oilwell Varco’s future net cash flow. Its free cash flow increased 58% to $493 million in fiscal 4Q15.

    By Alex Chamberlin
  • uploads///BHI Segments
    Fund Managers

    A must-know overview of Baker Hughes

    Baker Hughes is a leading supplier of oilfield services, products, technology, and systems to the worldwide oil and natural gas industry.

    By Diana Key
  • uploads///Net Income
    Earnings Report

    A Snapshot of Schlumberger’s 2Q15 Revenues and Earnings

    Schlumberger released its 2Q15 financial results on July 16. The company recorded total revenues of $9.01 billion for 2Q15, down 25.3% from $12.05 billion recorded in 2Q14.

    By Alex Chamberlin
  • uploads///Analyst Recommendations OLD
    Consumer

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

    Approximately 73% of the analysts tracking Schlumberger (SLB) have recommended a “buy” or some equivalent as of January 11, 2018.

    By Alex Chamberlin
  • uploads///Relative_Valuation_BHI
    Fund Managers

    How does Baker Hughes stack up against its industry peers?

    According to Barclays, BHI is “overweight” and it has set a price target of $65 for the company. KeyBanc gave Baker Hughes a “hold” rating.

    By Diana Key
  • uploads///SI
    Consumer

    Short Interest in Halliburton on July 6

    Short interest in Halliburton (HAL) as a percentage of its float was 1.47% on July 6, compared to 3.23% on July 6, 2017.

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

    Baker Hughes: A Look Into Its Institutional Holdings

    Yesterday, Baker Hughes stock rose by 0.2%, with a year-to-date rise of 3.9%. We’ll focus on the company’s institutional investors in Q3 2019.

    By Rabindra Samanta
  • uploads///CDNS
    Energy & Utilities

    Glenview Capital starts new position in Cadence Design Systems

    Glenview Capital disclosed a new position in Cadence Design Systems (CDNS) that accounts for 1.21% of the fund’s 2Q14 portfolio. Cadence Design Systems is based in San Jose, California. It develops solutions for its customers to design increasingly small and complex integrated circuits (or ICs) and electronic devices.

    By Samantha Nielson
  • uploads///analyst ratings for oilfield stocks
    Consumer

    SLB or HAL: Which Oilfield Stock Do Analysts Prefer?

    Both Schlumberger and Halliburton are underperforming the S&P 500, but Wall Street analysts remain bullish on oilfield stocks.

    By Rekha Khandelwal, CFA
  • uploads///Greenlight Q
    Consumer

    Assessing Greenlight Capital’s 1st quarter 2014 positions

    In this series, we’ll go through some of the main positions that Greenlight Capital, founded by David Einhorn, traded in 1Q 2014.

    By Samantha Nielson
  • uploads///GlenviewQ
    Energy & Utilities

    Must-know: Glenview Capital Management’s 2Q14 positions

    Larry Robbins’ Glenview Capital Management delivers attractive absolute returns through fundamental research and individual security selection. The size of Glenview’s portfolio increased from $15.2 billion in 1Q14 to $17.2 billion last quarter.

    By Samantha Nielson
  • uploads///slb earnings
    Consumer

    Schlumberger Stock Rises on Strong Q3 Earnings

    Schlumberger (SLB) announced its third-quarter results today. The company’s revenue rose 3% sequentially to $8.5 billion in the quarter.

    By Rekha Khandelwal, CFA
  • uploads///analyst recom
    Consumer

    Schlumberger: Analysts’ Recommendations before Its Earnings

    Among the 37 analysts tracking Schlumberger, six recommended a “strong buy,” 16 recommended a “buy,” and 15 recommended a “hold.”

    By Rekha Khandelwal, CFA
  • uploads///forward ev to ebitda
    Company & Industry Overviews

    Why Is Halliburton’s Valuation Attractive?

    Halliburton (HAL) is trading at a forward EV-to-EBITDA multiple of ~8.1x, which is lower than its five-year average multiple of 10.2x.

    By Rekha Khandelwal, CFA
  • uploads///debt to equity
    Company & Industry Overviews

    SLB, HAL, BHGE, and NOV: Comparing the Leverage

    Baker Hughes (BHGE), Schlumberger (SLB), and National Oilwell Varco (NOV) have debt-to-equity ratios of 0.2x, 0.4x, and 0.2x, respectively.

    By Rekha Khandelwal, CFA
  • uploads///revenue
    Company & Industry Overviews

    SLB, HAL, BHGE, and NOV: Analyzing the Revenue Trends

    Halliburton (HAL) and National Oilwell Varco (NOV) recorded 16% revenue growth in 2018—compared to 2017.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Company & Industry Overviews

    SLB, HAL, BHGE, and NOV: Oilfield Services Stocks Have Risen

    After falling significantly in 2018, the top oilfield services stocks have witnessed some gains in 2019.

    By Rekha Khandelwal, CFA
  • uploads///SLCA
    Company & Industry Overviews

    U.S. Silica Holdings: Recent Institutional Investor Activity

    Combined, nine of the top ten investors added 2.4 million U.S. Silica Holdings shares to their positions in the fourth quarter.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Consumer

    Schlumberger: What to Expect from Its Q4 Earnings

    Schlumberger (SLB) is scheduled to report its fourth-quarter results on January 18. Analysts expect its EPS to fall ~25% to $0.36.

    By Rekha Khandelwal, CFA
  • 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///Segments
    Consumer

    How Halliburton’s Segments Performed in the Second Quarter

    The C&P segment accounted for 68% of HAL’s Q2 revenues.

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

    Short Interest in ION Geophysical

    As of January 19, the short interest in ION Geophysical (IO) as a percentage of its float was 8.9%—compared to 6.4% as of January 1.

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

    Schlumberger Reports Q2 2018 Earnings, Beats Estimates

    Schlumberger (SLB) released its Q2 2018 results on July 20 with total revenue of $8.3 billion, up 11.3% from $7.46 billion in Q2 2017.

    By Alex Chamberlin
  • uploads///Correlation
    Materials

    National Oilwell Varco Reacts to Crude Oil’s Change

    The correlation between National Oilwell Varco’s (NOV) stock price and crude oil prices on April 16–July 16 was 0.52.

    By Alex Chamberlin
  • uploads///SI
    Earnings Report

    Short Interest in National Oilwell Varco as of July 16

    The short interest in National Oilwell Varco (NOV) as a percentage of its float was 5.9% as of July 16.

    By Alex Chamberlin
  • uploads///HAL IV
    Consumer

    Halliburton’s Stock Price Forecast ahead of Its Q2 2018 Earnings

    From April 23 to July 6, Halliburton’s implied volatility has increased from 25.0% to 28.0%.

    By Alex Chamberlin
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