-
Schlumberger Analyst Undercuts Street Expectations For 2020 EPS
Tuesday, April 23, 2019 - 4:43pm | 323Read More...Schlumberger Limited (NYSE: SLB) reported first-quarter results April 18 that were in-line with expectations while announcing disappointing second-quarter guidance. The Street is estimating 2020 EPS of $2.25 with an operating margin expansion of 230bps, which looks aggressive,...
-
A Reality Check For Forum Energy Tech; Credit Suisse Cuts To Neutral
Thursday, August 24, 2017 - 3:04pm | 277Read More...Analysts at Credit Suisse no longer hold a bullish view on Forum Energy Technologies Inc (NYSE: FET) as there are "more questions than answers." The firm's Jacob Lundberg downgraded Forum Energy's stock rating from Outperform to Neutral with a price target slashed from $23 to $12. During Forum...
-
Baker Hughes Back Among Credit Suisse's Top 3 Picks In Oil Field Services
Wednesday, October 26, 2016 - 2:17pm | 314Read More...A day after Baker Hughes Incorporated (NYSE: BHI) reported a positive surprise for its bottom-line results, Credit Suisse believes the company rejoined the ranks of the "Big 3" oil field services companies. The firm pointed out that the American market started to improve. However, the company needs...
-
Oil States International's Strong Fundamentals Fighting Against Fall In Oil Market
Friday, February 20, 2015 - 12:22pm | 207Read More...Credit Suisse on Friday issued a report on Oil States International, Inc. (NYSE: OIS), downgrading the company from Outperform to Neutral and lowering its price target from $56 to $43. Amid the continuing fall in oil prices, analysts James Wicklund, Jonathan Sisto and Jacob Lundberg wrote,...
