Oil States International Inc
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Top Gains in the Energy Sector Last Week
In the week ending on April 26, upstream stock Anadarko Petroleum (APC) rose the most among the stocks in the energy space.
Analyzing Energy Underperformers Last Week
In the week ending March 1, oilfield services stock Weatherford International fell the most among the energy stocks under review in this series.
Upstream and Oilfield Services Stock Fell Last Week
On December 7–14, upstream stock Carrizo Oil & Gas (CRZO) fell the most on our list of energy stocks.
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.
Will Weatherford International’s EBITDA Margin Change in Q2 2018?
From Q1 2017 to Q1 2018, Weatherford International’s (WFT) EBITDA margin increased from 6.2% to 10.6%.
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.
What’s TechnipFMC’s Stock Price Forecast ahead of Earnings?
TechnipFMC will likely close between $34.17 and $29.53 by July 25 based on its implied volatility.
What Analysts Expect for Halliburton’s Q2 2018 Earnings
Analysts expect Halliburton (HAL) to report adjusted EPS of $0.58 in Q2 2018, a 41% improvement from its Q1 2018 adjusted EPS of $0.41.
Will Upstream Capex Impact Baker Hughes’s Margin in Q2 2018?
From Q1 2017 to Q1 2018, the upstream companies constituting the Energy Select Sector SPDR ETF (XLE) boosted capex by 8%.
Oil States International: Third-Highest ‘Sell’ Recommendations
Approximately 6% of the Wall Street analysts tracking Oil States International recommended a “sell” or some equivalent as of June 25.
Analyzing the Short Interest: NOV, FTI, OIS, TS, and OII
The short interest in Tenaris S.A. (TS) as a percentage of its float was 0.76% as of June 25—compared to 1.5% as of January 1.
Five OFS Companies with the Highest ‘Sell’ Recommendations
According to Wall Street analysts’ ratings, National Oilwell Varco (NOV) has the highest “sell” recommendations in the OFS industry.
WFT’s Stock Price Forecast for This Week
As of June 22, Weatherford International’s (WFT) implied volatility was 58.9%. Since April 24, when Weatherford International’s first-quarter financial results were released, its implied volatility has decreased from 63%.
Weatherford: This Week’s Weakest Oilfield Service Stock
This week, Weatherford International (WFT) has fallen the most in the oilfield service sector, by 3.3% from $3.64 to $3.52.
Returns of Top Five Oilfield Companies by Expected Revenue Growth
McDermott International (MDR), which sell-side analysts expect to achieve the highest revenue growth in Q2, has produced 3.6% YTD returns as of June 12.
What Might Happen to Oil States’ Revenues in Q2 2018?
Oil States International (OIS) ranks fourth on our list of the top five revenue growing OFS companies, according to analysts.
The Top Five Oilfield Companies by Expected Revenue Growth in Q2
In this series, we’ll rank and analyze the top five OFS companies that are expected to generate the highest revenue growth in Q2 2018.
Halliburton Reacts to Crude Oil’s Price Change
Halliburton’s (HAL) stock price correlation coefficient with crude oil’s price on May 25–June 1 was 0.99—a strong correlation.
Short Interest in Schlumberger as of May 25
Since May 26, 2017, short interest in SLB has increased 1.4%.
Wall Street Forecasts for Keane Group
In this part of our series, we’ll look at Wall Street analysts’ forecasts for Keane Group (FRAC) as of May 25.
The Top 5 Oilfield Companies by Market Returns
In 2018, many OFS companies have had positive returns. In this series, we’ll analyze the top five companies by their stock market returns.
How Is Helix Energy Solutions Group Reacting to Crude Oil Prices?
Helix Energy Solutions Group’s (HLX) correlation with crude oil from January 1 to May 10 was 0.42, which indicates a positive relationship between HLX’s stock and crude oil prices.
Short Interest in Oil States International on April 18
As of April 18, 2018, the short interest in Oil States International as a percentage of its float was 8.2%—compared to 10.3% as of April 18, 2017.
Oil States International’s Next 7-Day Stock Price Forecast
On April 18, 2018, Oil States International’s implied volatility was 40.4%. Since April 18, 2017, the implied has increased from 34.5% to the current level.
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.
Analysts’ Views on the Lowest Net Debt-To-Equity Oilfield Stocks
Of the analysts tracking Baker Hughes, a GE company (BHGE), on April 10, 2018, ~47% recommended “buy” or some equivalent and ~53% recommended “hold.”
The Top 5 Oilfield Companies by Net Debt-To-Equity Ratio
In this series, we’ll analyze the top five OFS (oilfield equipment and service) companies by net debt-to-equity ratio in fiscal 2017.
Top 5 OFS Companies by Expected Revenue Growth in 1Q18
On average, Wall Street analysts expect the OFS industry’s revenues, excluding offshore drillers, to shrink 1.3% in 1Q18—compared to 4Q17.
Wall Street Analysts’ Targets for LGCY, SN, OIS, and SPN
As of March 26, 2018, Reuters reported that one analyst covered Legacy Reserves LP (LGCY) with a “sell” recommendation on the stock.
Institutional Investors’ Activity: LGCY, SN, OIS, and SPN
In 4Q17, 17 funds were “buyers” of Legacy Reserves LP (LGCY) stock, while 27 funds were “sellers.”
Oilfield Services Sector’s Gainers: OIS, IO, FTK, BHGE, and FTI
In the week starting on March 26, 2018, Oil States International (OIS) is the top gainer from the oilfield services group.
This Was the Top Oilfield Services Free Cash Earner in 2017
Schlumberger’s (SLB) revenue rose 9.5% in 2017 compared to 2016.
How’s Halliburton Reacting to Crude Oil’s Price Change?
Halliburton’s (HAL) stock price correlation coefficient with crude oil’s price on March 16–23, 2018, was 0.85.
Halliburton Reacts to Crude Oil’s Price Change
Halliburton’s (HAL) stock price correlation coefficient with crude oil’s price on March 9–16, 2018, was 0.59.
Wall Street Analysts’ Targets for FMSA, SPN, OIS, and NOV
Only two sell-side analysts track Flotek Industries (FTK), as surveyed by Reuters. Both analysts recommended a “buy” or some equivalent on March 9, 2018.
Analyzing the Short Interest in FTK, OIS, NOV, SPN, and FMSA
The short interest in Flotek Industries (FTK) as a percentage of its float was 18.8% as of March 9, 2018—compared to 26.0% as of March 10, 2017.
Oil States International: Higher Earnings in the Next 12 Months?
As of December 31, 2017, Oil States International’s (OIS) EV decreased. Oil States International’s stock price declined compared to a year ago.
Ranking OFS Companies by Their Valuation Multiples
Flotek Industries’ (FTK) forward EV-to-EBITDA multiple is at the steepest discount to its current EV-to-EBITDA multiple on March 9, 2018.
How Schlumberger Reacted to the Price of Crude Oil Last Week
Schlumberger’s (SLB) correlation with the price of crude oil from March 2, 2018, to March 9, 2018, was 0.86.
Short Interest in Schlumberger on February 27
The short interest in Schlumberger (SLB) as a percentage of its float was 1.7% as of February 27, 2018—compared to 1.00% as of February 28, 2018.
How’s Halliburton Reacting to Crude Oil’s Price Change?
Halliburton’s (HAL) stock price correlation coefficient with crude oil’s price on February 16–23, 2018, was 0.82.
How Halliburton Stock Reacted to Rise in Crude Oil Prices
The correlation coefficient between crude oil prices and Halliburton’s (HAL) stock price from February 15, 2017, to February 15, 2018, was 0.54.
Short Interest in Fairmount Santrol Holdings on February 16
As of February 16, 2018, the short interest in Fairmount Santrol Holdings (FMSA) as a percentage of its float was 10.3%.
How’s Fairmount Santrol Holdings Reacting to Crude Oil Prices?
Fairmount Santrol Holdings’ (FMSA) correlation with crude oil prices from February 16, 2017, to February 16, 2018, was 0.46.
How Is Nabors Industries Reacting to Crude Oil Prices?
Correlation between Nabors Industries and crude oil Nabors Industries’ (NBR) correlation with crude oil prices from February 12, 2017, to February 12, 2018, was -0.50. Nabors Industries’ correlation with the Dow Jones Industrial Average (DJIA-INDEX) from February 12, 2017, to February 12, 2018, was -0.60. NBR’s correlation with crude oil and its implication The West […]
How’s Halliburton Reacting to Crude Oil’s Price Change?
Halliburton’s (HAL) stock price correlation coefficient with crude oil’s price on February 2–9, 2018, was 0.54.
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.
How Schlumberger Reacted to Crude Oil Prices Last Week
Schlumberger’s (SLB) correlation with the price of crude oil from January 26 to February 2, 2018, was 0.79.
Wall Street Analysts’ Targets for CDEV, PE, OIS, and CRR
For Centennial Resource Development (CDEV), eight analysts have a “strong buy” rating, five have a “buy” rating, and two have a “hold” rating.
Oil States International Is the Only Oilfield Services Gainer
In the week starting January 29, 2018, Oil States International (OIS) is the only gainer from the oilfield services group.
Gauging Short Interest in National Oilwell Varco
Short interest in National Oilwell Varco (NOV) as a percentage of its float was 7.1% as of January 18. Since September 29, 2017, short interest in NOV has decreased 16%. September 29 was the last trading day of NOV’s 3Q17 fiscal quarter.
How Weatherford Is Reacting to Crude Oil Price Changes
The correlation coefficient between Weatherford International’s (WFT) stock price and crude oil prices from January 16, 2017, to January 16, 2018, was 0.38.
Short Interest in Halliburton on January 4
The short interest in Halliburton (HAL) as a percentage of its float is 2.6% as of January 4, 2017—compared to 3.0% as of September 29, 2017.
Halliburton’s Next 7-Day Stock Price Forecast
Halliburton stock will likely close between $53.56 and $49.70 in the next seven days. Halliburton’s stock price was $51.63 on January 4, 2018.
Schlumberger Reacts to Crude Oil Price Change
The correlation coefficient between Schlumberger’s (SLB) stock price and WTI crude oil prices from January 2, 2017, to January 2, 2018, was 0.48.
The Top 5 Oilfield Services Stocks for 4Q17 by Revenue Growth
In this series, we’ll examine and rank the highest- and lowest-growth US oilfield services and equipment (or OFS) companies in 4Q17 versus 3Q17.
How’s Halliburton Reacting to the Crude Oil Price Change?
Crude oil price’s correlation coefficient with Halliburton’s (HAL) stock price on December 22–29, 2017, was 0.60.
What Wall Street Says about Weatherford International
On December 26, 2017, 78% of the Wall Street analysts tracking Weatherford International rated it a “buy” or some equivalent.
What’s the Short Interest in Schlumberger on November 29?
Short interest in Schlumberger Short interest in Schlumberger (SLB) as a percentage of its float was 1.4% as of November 29, 2017, compared to 1.5% as of September 29, 2017. Since September 29, short interest in SLB has fallen 6%. So, investors have cut negative bets on Schlumberger since September 29. As noted in the […]
Wall Street Analysts’ Recommendations for TechnipFMC
In this article, we’ll look at Wall Street analysts’ recommendations for TechnipFMC (FTI) on November 9.
How TechnipFMC Reacted to Crude Oil Prices
The correlation coefficient between TechnipFMC’s (FTI) stock price and crude oil price from November 3 to November 9 was 0.99.
How Schlumberger Reacted to Crude Oil Prices Last Week
Schlumberger’s (SLB) correlation with crude oil prices from October 27, 2017, to November 3, 2017, was 0.63.
How Did Schlumberger React to Crude Oil Prices Last Week?
Schlumberger’s (SLB) correlation coefficient with crude oil prices on October 20–27, 2017, was 0.58. There was a positive correlation in the past week.
Wall Street’s Forecasts for Baker Hughes after Its 3Q17 Earnings
On October 20, 2017, ~39% of the sell-side analysts surveyed by Reuters that track Baker Hughes rated it as a “buy” or some equivalent.
Weatherford Reacts to Crude Oil Price Changes
The correlation coefficient between Weatherford International’s (WFT) stock price and crude oil prices from October 10, 2016, to October 10, 2017, was 0.40.
Analysts’ Forecast for Weatherford before Its 3Q17 Earnings
On October 10, 2017, ~74% of the Wall Street analysts tracking Weatherford International rated it as a “buy” or some equivalent.
Gauging Short Interest in National Oilwell Varco Stock
Short interest in National Oilwell Varco (NOV) as a percentage of its float was 8.6% as of October 9. Since June 30, short interest in NOV has risen 17%.
National Oilwell Varco’s Performance in 2Q17 and What to Expect
From 1Q17 to 2Q17, National Oilwell Varco’s (NOV) Rig Systems segment revenue fell ~12%—which was the biggest revenue slump among NOV’s operating segments.
Patterson-UTI Energy’s Reaction to Crude Oil Changes
The correlation coefficient between Patterson-UTI Energy’s (PTEN) stock price and crude oil prices from October 6, 2016, to October 6, 2017, was 0.64.
Short Interest in Halliburton on October 5
The short interest in Halliburton (HAL) as a percentage of its float is 2.8% as of October 5, 2017—compared to 3.2% as of June 30, 2017.
How Schlumberger Reacted to Crude Oil Prices
Schlumberger’s (SLB) stock price correlation coefficient with crude oil prices from September 22 to September 29 was 0.31.
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.
The Correlation between Crude Oil and SLB Stock
The correlation coefficient between crude oil and SLB’s stock price from August 31, 2016, to August 31, 2017, is 0.60.
Correlation between Crude Oil and Nabors Industries September 1
The correlation coefficient between the price of crude oil and Nabors Industries (NBR) stock from September 1, 2016, to September 1, 2017, was 0.65.
Correlation between Weatherford and Crude Oil on August 25
The correlation coefficient between WTI crude oil prices and Weatherford International (WFT) stock from August 25, 2016, to August 25, 2017, is 0.44.
How Nabors Could Use Its Free Cash Flow This Year
Nabors Industries’ (NBR) CFO (cash from operating activities) turned positive in 2Q17, compared with its negative CFO in 1Q17.
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.
What Was the Short Interest in Nabors Industries on July 19?
Short interest in Nabors Industries (NBR) as a percentage of its float is 12.2% as of July 19, 2017, compared to 10% as of March 31, 2017.
Short Interest in Schlumberger on July 14, 2017
As of July 14, 2017, short interest in Schlumberger (SLB) stock as a percentage of float was ~1.6% compared to 1.2% on March 31, 2017.
Correlation between Schlumberger and Crude Oil on July 14
The correlation coefficient between Schlumberger (SLB) stock and WTI crude oil prices from July 14, 2016, to July 14, 2017, is 0.62.
What Are Nabors Industries’ Capex Plans for 2017?
Nabors Industries’ (NBR) cash from operating activities (or CFO) turned negative in 1Q17, compared to its positive CFO a year earlier.
What’s Wall Street’s Take on Weatherford as of June 7?
In this article, we’ll look Wall Street analysts’ recommendations for Weatherford International (WFT) as of June 7, 2017.
What’s Weatherford’s Valuation Compared to Its Peers’?
WFT makes up 0.33% of the iShares U.S. Energy ETF (IYE). On June 7, IYE had fallen 8% lower compared to its price on March 31.
What Analysts Recommend for Schlumberger
On May 31, 2017, 80% of the analysts tracking Schlumberger rated it a “buy” or some equivalent.
Wall Street’s Forecasts for NOV after Its 1Q17 Earnings
On April 26, after NOV’s 1Q17 earnings were released, ~17% of the analysts tracking it rated the stock as a “buy,” while about 74% rated it as a “hold.”
What’s NOV’s Correlation with Crude Oil on April 21?
In this part, we’ll analyze the correlation between National Oilwell Varco’s (NOV) stock price and the West Texas Intermediate (or WTI) crude oil price.
What Analysts Expect from Nabors Industries’s 1Q17 Earnings
In 1Q17, analysts expect an adjusted loss of $0.35 per share for Nabors Industries (NBR).
Will the US Rig Count Affect National Oilwell Varco in 1Q17?
From December 30, 2016, to the week ended April 13, 2017, the US rig count rose ~29% to close at 847. A higher US rig count could increase National Oilwell Varco’s 1Q17 revenue and earnings.
Superior Energy’s 1Q17 Earnings: What the Analysts Expect
For 1Q17, analysts expect Superior Energy Services (SPN) to report an adjusted loss per share of $0.60, which implies an expectation of an 18% improvement.
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.”
Short Interest: OFS Stocks with the Lowest Returns in 1Q17
Short interest in Nabors Industries (NBR), as a percentage of its float, rose to 11.5% as of March 31, 2017—compared to 6.5% as of December 30, 2016.
What Do Analysts Recommend for Halliburton?
On March 24, 92% of the analysts tracking Halliburton rated it as a “buy,” ~5% rated it as a “hold,” and 3% rated it as a “sell.”
Worst Oilfield Services Stocks for 1Q17 by Revenue Growth
Weatherford International (WFT) is expected to witness a 2.1% fall in revenue in 1Q17 compared to 4Q16.
Are Analysts Changing Recommendations for Halliburton?
On March 13, 92% of the analysts tracking Halliburton rated it a “buy” or some equivalent.
What Wall Street Is Forecasting for Halliburton
On March 3, 2017, approximately 92.0% of analysts tracking Halliburton stock rated it a “buy” or some equivalent.
Weatherford International’s Valuation Compared to Its Peers
Weatherford’s valuation, expressed as the trailing 12-month PE (price-to-earnings) multiple, isn’t meaningful due to negative adjusted earnings.
Is Weatherford International’s Stock Price Turning Bullish?
On March 1, 2017, oilfield equipment and services company Weatherford International was trading at $5.84, a ~6% fall compared to the previous year.
Wall Street Forecasts for Nabors Industries after 4Q16 Earnings
About 74.0% of analysts tracking Nabors Industries have rated it a “buy” or some equivalent.
Wall Street’s Forecasts for Tidewater after Its Fiscal 3Q17 Earnings
According to Reuters, none of the analysts tracking Tidewater (TDW) recommended a “buy” or any equivalent for the stock.
Will Tidewater’s Fiscal 3Q17 Earnings Disappoint?
In fiscal 3Q17, analysts expect $1.16 adjusted loss per share for Tidewater (TDW). Wall Street analysts expect Tidewater’s adjusted loss to deteriorate.