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BofA Downgrades 14 Oil And Gas Stocks In Face Of Oil Price War
Tuesday, March 10, 2020 - 4:11pm | 647Read More...Plummeting oil prices and uncertainty around the oil market in the midst of a price war between two big producing nations led Bank of America to downgrade nearly every stock in the sector that it didn't already rate Underperform, dropping the outlook on 14 stocks across the industry, from...
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Despite Lackluster Guidance, Analysts Still Bullish On Schlumberger
Monday, October 21, 2019 - 11:55am | 413Read More...Schlumberger Limited (NYSE: SLB) shares continued to climb after Friday’s third-quarter bottom-line beat despite fourth-quarter commentary from the company that analysts found “not inspiring.” Even with the lackluster guidance, sell-side analysts said the stock is still a buy, and...
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The 'Great Deflate' In The Oilfield Services Sector
Tuesday, August 25, 2015 - 9:03am | 464Read More...B. Chase Mulvehill of SunTrust Robinson Humphrey commented in a note on Sunday that his new U.S. onshore hz rig count of 530 marks a 31 percent drop from a year ago and forces him to downgrade a handful of oilfield service providers. Mulvehill said his new rig count projection assumes a 1MMbpd...




