Long Run Exploration Ltd

Latest Long Run Exploration Ltd News and Updates

  • uploads///Stock Prices
    Miscellaneous

    Inside Schlumberger’s 1-Year Returns as of June 16

    Schlumberger’s trailing-one-year stock price has fallen 12% as of June 16, 2017, while XLE, the broader energy industry ETF, has fallen 3%.

    By Alex Chamberlin
  • uploads///Stock Prices
    Earnings Report

    WFT, FMSA, and SPN: Returns and Outlook after 3Q17

    WFT, SPN, and FMSA have significantly underperformed the SPDR S&P 500 ETF (SPY), which has produced 23.0% returns since November 3, 2016.

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

    Will a Partnership with GE Improve BHI’s Returns?

    Between December 2014 and December 2016, Baker Hughes (BHI) stock hit its peak in April 2015. It troughed at ~$39 in January 2016.

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

    SEC Asks Weatherford International to a Pay Penalty

    On September 27, Weatherford International (WFT) disclosed that the SEC resolved the investigation into the company’s income tax–related accounting issues.

    By Alex Chamberlin
  • uploads///Stock price and Outlook
    Earnings Report

    What Schlumberger Expects for 2017

    What are Schlumberger’s views on North America?  Schlumberger (SLB) expects the North American onshore market to continue to improve in 2017. In Schlumberger’s 1Q17 earnings press release, chairman and CEO Paal Kibsgaard stated that “at present, the region in the world showing clear signs of increased E&P[1.exploration and production] investments in 2017 is North America […]

    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///
    Consumer

    Must-know: Why oil rig counts have risen 2% in 2014 so far

    U.S. land rig counts totaled 1,696 on February 21, 2014, compared to 1,692 the week prior. Over the medium term, rig counts have been relatively stable.

    By Ingrid Pan
  • 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///Onshore vs Offshore
    Macroeconomic Analysis

    Texas rig count continues to lose ground

    Economist Karr Ingham expects that two-thirds of the Texas rigs at work will be laid down. That’s about 600 rigs if the price of crude oil stays low.

    By Alex Chamberlin
  • uploads///EPS
    Earnings Report

    Patterson-UTI Energy’s 4Q15 Earnings Beat Wall Street Estimates

    Patterson-UTI Energy (PTEN) released its 4Q15 financial results on February 4, 2016. The company recorded total revenues of $338.5 million in 4Q15, down 62% from $901.2 million recorded in 4Q14.

    By Alex Chamberlin
  • uploads///RV
    Miscellaneous

    How Is SLB’s Current Valuation Compared to Peers?

    Schlumberger’s forward PE (price-to-earnings) multiple reflects analysts’ expectation of lower earnings in the next four quarters.

    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///Driling and Evaluation Revenues
    Earnings Report

    Why Halliburton’s Drilling and Evaluation segment did poorly in 4Q14

    In 4Q14, revenues in the Drilling and Evaluation segment increased 6.5% to $3.29 billion from $3.09 billion recorded in 4Q13.

    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///EBITDA Top
    Company & Industry Overviews

    Best Oilfield Service Stocks for 4Q16: Earnings Growth

    Wall Street analysts expect Flotek Industries (FTK) to register positive EBITDA (or earnings before interest, tax, depreciation & amortization) in 4Q16.

    By Alex Chamberlin
  • uploads///Segment Revenues
    Energy & Utilities

    Weatherford International’s Value Drivers in 2Q17

    Revenues from Weatherford International’s (WFT) Latin American region fell the most by 18.5% from 2Q16 to 2Q17.

    By Alex Chamberlin
  • 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///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///SLB Rig Map
    Earnings Report

    A quick snapshot of Schlumberger

    Schlumberger, a Houston-based energy company, provides technology, integrated project management, and information solutions to oil and gas exploration and production companies.

    By Alex Chamberlin
  • uploads///EPS
    Earnings Report

    What Analysts Expect from Baker Hughes’s 1Q17 Earnings

    In 1Q17, analysts expect an adjusted loss of ~$0.19 per share for Baker Hughes (BHI), which is a 38% improvement over its adjusted loss of $0.30 per share in 4Q16.

    By Alex Chamberlin
  • uploads///wti candle
    Energy & Utilities

    Will WTI crude oil hit $32 per barrel?

    WTI crude oil has declined ~58% since June 2014. Crude oil prices will likely remain on a downward trend with the current oil glut and a weak demand.

    By Gordon Kristopher
  • 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///Share price
    Energy & Utilities

    Must-know: An overview of Baker Hughes

    Baker Hughes Inc. (BHI) is based in Texas. It’s an energy company that operates in the oil and gas equipment and services industry. As of December 31, 2013, BHI operated in more than 80 countries.

    By Alex Chamberlin
  • uploads///Stock Prices
    Consumer

    How Schlumberger Stock Has Performed in the Past Year

    In this series, we will look at investors’ short interest in Schlumberger and SLB’s implied volatility.

    By Alex Chamberlin
  • uploads///NA and Revenue Share
    Earnings Report

    How Could the US Rig Count Affect Halliburton in 4Q16?

    From September 30 until the week ended December 30, 2016, the US rig count rose ~26% to close at 658. A higher US rig count could increase Halliburton’s (HAL) revenues and earnings in 4Q16.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Materials

    Wall Street’s Forecasts for WFT after Its 2Q16 Earnings

    In this article, we’ll look at Wall Street analysts’ forecasts for Weatherford International’s (WFT) shares following its 2Q16 earnings release.

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

    GAMCO adds new position in Weatherford International

    GAMCO Investors took a large new position in Weatherford International (WFT) during the third quarter. The position accounted for 1.21% of the fund’s 3Q14 portfolio.

    By Samantha Nielson
  • 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///Cost Efficiency
    Earnings Report

    How Weatherford Aims to Reduce Costs in 2017

    Weatherford International (WFT) implemented cost reduction initiatives in order to counter the energy price depression that started in mid-2014.

    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///Stock Prices
    Earnings Report

    Why Did Weatherford International’s Stock Price Jump?

    Over the past one year, Weatherford International’s stock has fallen 18% as of February 1.

    By Alex Chamberlin
  • uploads///SLB Rig Map
    Energy & Utilities

    A quick overview of oil and gas field services biz Schlumberger

    Schlumberger Limited is a Houston-based energy company. It provides technology, integrated project management, and information solutions to oil and gas exploration and production (or E&P) companies around the world.

    By Alex Chamberlin
  • uploads///IV
    Materials

    A Look at Weatherford International’s Stock Price Forecast

    On July 17, Weatherford International’s (WFT) implied volatility was ~65.2%.

    By Alex Chamberlin
  • uploads///BHGE
    Consumer

    What Are Baker Hughes’s 2018 Growth Prospects?

    Baker Hughes, a GE company (BHGE) released its financial results for 4Q17 on January 24, 2018. Immediately following the earnings release, BHGE’s stock reacted negatively.

    By Alex Chamberlin
  • 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///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///EPS
    Earnings Report

    What Do Analysts Expect from WFT’s 3Q16 Earnings?

    In 3Q16, analysts expect a $0.25 adjusted loss per share for Weatherford International (WFT).

    By Alex Chamberlin
  • uploads///SIAL
    Financials

    GAMCO Investors opens a new position in Sigma-Aldrich

    GAMCO Investors started a new position in 3Q14 in Sigma-Aldrich Corp (SIAL). The position accounted for 0.24% of the fund’s 3Q14 portfolio.

    By Samantha Nielson
  • 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///LMCK
    Financials

    GAMCO Investors establishes position in Liberty Media

    GAMCO Investors started a new position in Liberty Media Corporation Class C (LMCK) during 3Q14. The position accounted for 0.36% of the fund’s third-quarter portfolio.

    By Samantha Nielson
  • uploads///CBSO
    Consumer

    CalPERS establishes new position in CBS Outdoor Americas

    CBS Outdoor Americas is the largest provider of advertising space on out-of-home advertising structures and sites across the US, Canada, and Latin America.

    By Samantha Nielson
  • Consumer

    GAMCO Investors ups position in Sony

    Mario Gabelli’s GAMCO Investors added to its position in Sony Corp. ADR (SNE) during the third quarter. The position accounted for 0.52% of the fund’s 3Q14 portfolio.

    By Samantha Nielson
  • uploads///NA REvenue and Rig Count
    Earnings Report

    Weatherford International: Will US Rig Counts Affect the Stock?

    Weatherford International’s (WFT) revenue share from North America rose in 3Q16 over 2Q16.

    By Alex Chamberlin
  • uploads///Debt to Equity
    Company & Industry Overviews

    Weatherford International Issues Stocks Again

    On November 16, Weatherford International (WFT), an oilfield equipment and services company, disclosed that it issued 84.5 million ordinary stocks.

    By Alex Chamberlin
  • uploads///EPS
    Earnings Report

    What Do Analysts Expect from Tidewater’s Fiscal 3Q17 Earnings?

    In fiscal 3Q17, analysts expect an ~$1.16 adjusted loss per share for Tidewater. Analysts expect Tidewater’s adjusted loss to fall in the coming quarter.

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

    How WFT Stock Has Reacted to Crude Oil Prices

    Weatherford International (WFT) stock’s correlation with crude oil was strong between June 29 and July 6, at 0.72.

    By Alex Chamberlin
  • uploads///Rig count and Revenue
    Miscellaneous

    The Effect of Rig Count on Weatherford International

    In the past year, Weatherford International’s (WFT) revenue share from North America has risen to ~38.0% compared to 37.0% in 4Q16.

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

    What Could Drive Schlumberger’s Performance in 1Q17 and Beyond?

    Schlumberger’s (SLB) Drilling segment witnessed the highest revenue fall of 32% in 4Q16 compared to 3Q16.

    By Alex Chamberlin
  • 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///Revennue Change
    Materials

    Schlumberger’s Earnings Drivers in 2Q17

    Schlumberger’s revenues from North America staged a noteworthy recovery, rising 27% from 2Q16 to 2Q17.

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

    Must-know: Comparing Baker Hughes and its peers

    In 2014, Baker Hughes (BHI) outperformed the industry and broader market for most of the year. However, it’s currently underperforming the broader market index and its peers.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Materials

    Analysts’ Recommendations for RES, DRQ, WFT, PTEN, and FTK

    Approximately 79% of the Wall Street analysts tracking Patterson-UTI Energy (PTEN) have recommended a “buy” or some equivalent as of May 15.

    By Alex Chamberlin
  • uploads///Stock Prices
    Consumer

    Weatherford: Management’s Expectations after 2Q17

    Weatherford International released its financial results for 2Q17 on July 28, 2017. On that day, its stock price reacted negatively and fell 2.5% to $4.27.

    By Alex Chamberlin
  • uploads///wilhelmshaven sea bridge tanker
    Earnings Report

    TechnipFMC’s 1Q18 Earnings Missed Analysts’ Estimates

    TechnipFMC released its 1Q18 financial results on May 9 after the market closed. The company recorded operating revenues of $3.12 billion in 1Q18.

    By Alex Chamberlin
  • uploads///Volume and Well growth
    Miscellaneous

    How Is Flotek Industries Positioned to Grow in 2017?

    In 2017, crude oil prices have lost nearly 16%, after recovering 45% in 2016.

    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///Comps
    Energy & Utilities

    Must-read comparison: Schlumberger and its peers

    Schlumberger’s yearly price-to-earnings ratio is in line with the group. Haliburton has the lowest price-to-earnings ratio.

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

    What Were Schlumberger’s Drivers in 2Q17?

    In 2Q17, Schlumberger reported a net loss of ~$74 million—a sharp improvement compared to 2Q16 when it reported a net loss of $2.16 billion.

    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///NA Rig Count and Revenue
    Earnings Report

    Could the US Rig Count Affect Baker Hughes in 1Q17?

    From December 30, 2016, until the week ended April 7, 2017, the US rig count rose ~28% to close at 839.

    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///Comps
    Earnings Report

    How does Halliburton compare to its peers?

    How does Halliburton compare to its peers? It has the lowest EV to EBITDA multiple of 5.6x. Weatherford International (WFT) has the highest at 9.1x.

    By Alex Chamberlin
  • uploads///Net Debt
    Miscellaneous

    What’s Schlumberger’s Net Debt after 1Q17?

    Schlumberger’s (SLB) net debt rose 65% in 1Q17—compared to 1Q16. Its net debt was ~$11.7 billion in 1Q17.

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

    Oilfield Services Stocks: How Implied Volatilities Track Returns

    As of May 1, 2017, Tidewater (TDW) has fallen 90% in the past year.

    By Rabindra Samanta
  • 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///Broker Recommenations
    Miscellaneous

    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.”

    By Alex Chamberlin
  • uploads///SLB Group structure
    Miscellaneous

    Schlumberger and Cameron International: a Complementary Team

    Schlumberger and Cameron are contemplating a merger because their drilling and production systems would be integrated from “pore to pipeline.”

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

    What Does Weatherford’s Forward Valuation Imply?

    Wall Street analysts expect Weatherford International to report strong earnings before interest, tax, depreciation, and amortization growth in 2017 compared 2016.

    By Alex Chamberlin
  • uploads///Correlation
    Materials

    ION Geophysical Reacts to Crude Oil

    ION Geophysical’s (IO) correlation with crude oil on April 19–July 19 was 0.30. The correlation represents a positive relationship.

    By Alex Chamberlin
  • uploads///
    Consumer

    Why US rig counts have climbed by nearly 40 since the end of 3Q13

    Despite expectations that rig counts would decline into year-end, total U.S. rig counts have been on the rise.

    By Ingrid Pan
  • uploads///MA Price
    Company & Industry Overviews

    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.

    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///Share Price and Projection
    Earnings Report

    Weatherford Management’s Views after 2Q16 Earnings

    Weatherford International’s (WFT) management does not expect energy upstream activity to recover in 2016.

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

    Point72 raises its position in Weatherford International

    Point72 Asset Management, previously SAC Capital, added to its position in Weatherford International (WFT) in 2Q 2014. The position accounts for 1.03% of the fund’s 2Q portfolio, up from 0.55% in 1Q14.

    By Samantha Nielson
  • uploads///Segment Revenues
    Earnings Report

    Analyzing Weatherford International’s 2Q17 Performance

    In 1H17, Weatherford’s revenues fell 8%—compared to 1H16. It managed to lower its net losses significantly during this period.

    By Alex Chamberlin
  • uploads///IV
    Consumer

    A Look at Weatherford’s 7-Day Stock Price Forecast

    On December 26, 2017, Weatherford International’s (WFT) IV (implied volatility) was ~54%. IV signals a stock’s potential price movement as viewed by option traders.

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

    Chart in Focus: Nabors Industries’ 7-Day Stock Price Forecast

    On February 12, 2018, Nabors Industries’ (NBR) implied volatility was 69.5%.

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

    Analyzing the Factors Affecting Schlumberger’s Revenue

    Schlumberger’s Drilling segment witnessed the highest revenue fall at 32% in 4Q16 compared to 4Q15. The segment was followed by the Reservoir Characterization and Production segments.

    By Alex Chamberlin
  • uploads///EPS
    Earnings Report

    What Analysts Expect from Nabors Industries’ 2Q17 Earnings

    In 2Q17, analysts expect Nabors Industries (NBR) to post adjusted loss of $0.35 per share.

    By Alex Chamberlin
  • uploads///EPS
    Earnings Report

    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.

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

    Patterson-UTI Energy in 4Q16: Key Drivers, Then and Now

    From 4Q15 to 4Q16, Patterson-UTI’s Contract Drilling segment revenue fell ~33%, while its Pressure Pumping segment witnessed a 20% revenue decline.

    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///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///Upstream capex and EBITDA margin
    Company & Industry Overviews

    Upstream Operators’ Capex and Patterson-UTI Energy’s 2017 Margins

    In the past couple of years, some major US upstream and integrated companies have reduced their capex following the sharp fall in crude oil prices.

    By Alex Chamberlin
  • uploads///NA Rig count and Revenue
    Consumer

    How Did US Rig Count Affect SLB, HAL, and WFT in 2Q17?

    Schlumberger (SLB), Weatherford International (WFT), and Halliburton (HAL) saw higher revenues from North America in 2Q17 compared to a year earlier.

    By Alex Chamberlin
  • uploads///oil pump jack sunset clouds
    Earnings Report

    Why Did Baker Hughes’s 1Q18 Earnings Beat Estimates?

    Baker Hughes (BHGE) released its 1Q18 financial results on April 20, 2018. The company recorded total revenues of $5.39 billion in 1Q18.

    By Alex Chamberlin
  • uploads///VOD
    Financials

    CalPERS hangs up on position in Vodafone

    Vodafone is one of the world’s largest telecom companies. Its shares were up on fresh rumors in August that AT&T executives were working on a bid for the company.

    By Samantha Nielson
  • uploads///FMX
    Consumer

    CalPERS exits FEMSA – Mexican bottler, convenience-store owner

    Founded in 1890 in Monterrey, Mexico, FEMSA is comprised of two complementary business units—Coca-Cola FEMSA, and FEMSA Comercio, a convenience-store operator.

    By Samantha Nielson
  • 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///Net dedbt to EBITDA
    Company & Industry Overviews

    Weatherford’s Steadily Increasing Debt: Does It Matter?

    Weatherford International’s (WFT) net debt to TTM EBITDA rose from fiscal 4Q14 to fiscal 3Q15. In fiscal 4Q15, its net debt-to-EBITDA multiple wasn’t meaningful because EBITDA was negative.

    By Alex Chamberlin
  • uploads///Onshore vs Offshore
    Macroeconomic Analysis

    US onshore rig count lowest since January 2010

    In the last year, the US onshore rig count has fallen by 498. In contrast, the number of offshore rigs decreased by four.

    By Alex Chamberlin
  • uploads///IPG
    Financials

    GAMCO Investors raises its position in Interpublic Group

    GAMCO Investors increased its position in the Interpublic Group of Companies Inc. (IPG) during third quarter. The position accounted for 0.56% of the fund’s 3Q14 portfolio.

    By Samantha Nielson
  • 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///LMCA
    Consumer

    CalPERS adds new position in Liberty Media

    Liberty Media Corporation owns interests in a range of communications and entertainment businesses. Recently, the company completed the previously announced spin-off of its cable business, Liberty Broadband.

    By Samantha Nielson
  • uploads///TPH
    Real Estate

    CalPERS adds new position in TRI Pointe Homes

    TRI Pointe Homes is one of the top ten–largest public homebuilders by equity market capitalization in the US. The company reaffirmed its 2015 outlook for earnings per diluted share in the range of $1.25 to $1.40.

    By Samantha Nielson
  • © Copyright 2022 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.