Post Tagged with: "Oil Services"

Source: Houston Chronicle

Halliburton to close office in Oklahoma, lay off 800 employees

Houston Chronicle


Houston oilfield service company Halliburton plans to close an office just west of Oklahoma City where more than 800 employees are losing their jobs.

In a Monday morning letter filed with the Oklahoma Office of Workforce Development, Halliburon …

December 3, 2019 - 12:00 pm Closing Bell Story‎, Economy, Energy News, Oilfield Services, People
Oil Service Companies FMC Technologies and Technip Announce $13 Billion Merger

Oil Service Companies FMC Technologies and Technip Announce $13 Billion Merger

Oil service companies FMC and Technip announced a plan to merge in an all-stock deal worth about $13 billion to create a larger player in the energy services sector.

The Houston-based FMC Technologies and the Paris-headquartered Technip will combine to …

SLB: Is the Familiar Bellwether Loudly Trumpeting the Start of Buying Season?

SLB: Is the Familiar Bellwether Loudly Trumpeting the Start of Buying Season?

The most common adage heard among the investment community is “buy low, sell high.”

But depressed oil prices combined with the rise in bankruptcies led many industry insiders to wait for increased M&A activity. But the onslaught of fire sales …

Core Laboratories Shakes off Difficult Oil & Gas Market in Q2’15 Results

Core Laboratories Shakes off Difficult Oil & Gas Market in Q2’15 Results

Second Half 2015 Projections: Revenue of $408 to $415 Million, Free Cash Flow of $110 Million

Core Laboratories (ticker: CLB) reported net income of $34.6 million, or $0.81 per share, on revenues of $204 million in its Q2’15 earnings release …

That Spare $6,000 in Your Pocket Could Buy You a Used Mud Pump or Tickets to Mayweather v. Pacquiao

That Spare $6,000 in Your Pocket Could Buy You a Used Mud Pump or Tickets to Mayweather v. Pacquiao

Fighters’ Projected Shared Revenue from Tomorrow’s Bout Could Fetch 24,000 Net Acres in the Utica

The eve of the most anticipated fight of this generation has arrived.

The Las Vegas strip likely carries an unprecedented buzz of excitement and anticipation …

May 1, 2015 - 6:33 pm Finance, Oil and Gas 360 Articles
Schlumberger Q1’15 Draws Praise from Analysts

Schlumberger Q1’15 Draws Praise from Analysts

Positive Reception in a Negative OilService Environment

The effects of reduced drilling activity were apparent in Schlumberger’s (ticker: SLB) Q1’15 revenues, but the oilservice giant still managed to report net income (excluding charges and credits) of $1,358 million, or $1.06 …

April 21, 2015 - 6:07 pm Earnings, Oil and Gas 360 Articles, Oilfield Services
EnerCom’s The Oil & Services Conference™ 13 Primer

EnerCom’s The Oil & Services Conference™ 13 Primer

toscEnerCom, Inc. is pleased to present its 13th edition of The Oil & Services Conference™ from the Omni Hotel in San Francisco. The two-day affair will feature 34 presentations from E&Ps, OilService providers and industry experts from around the …

CARBO Ceramics Prepared for 2015 with New Technologies, Strong Balance Sheet

CARBO Ceramics Prepared for 2015 with New Technologies, Strong Balance Sheet

CARBO Ceramics (ticker: CRR), a production enhancement services provider based in Houston, Texas, is not immune from the recent commodity downswing. Even though United States production is expected to remain flat or even increase through 2015, the declining rig count …

February 10, 2015 - 7:13 pm Earnings, Fracing, Oil and Gas 360 Articles, Oilfield Services
Core Laboratories Draws on Experience to Navigate New Market

Core Laboratories Draws on Experience to Navigate New Market

Projecting oil recovery within fiscal year

Core Laboratories (ticker: CLB) closed the book on 2014 as its most profitable year in company history in its Q4’14 earnings release on January 28, 2015. Revenue for fiscal 2014 was $1,085 million, up …

February 5, 2015 - 7:52 pm Earnings, Oil and Gas 360 Articles, Oilfield Services
Raymond James Upgrades 3 Oil Service Companies

Raymond James Upgrades 3 Oil Service Companies

RJ Sees Post OPEC Selloff as “Fleeting”

Raymond James announced today that it was upgrading three oil service companies’ ratings. Basic Energy Services, Inc. (ticker: BAS), Nabors Industries Ltd. (ticker: NBR) and Patterson-UTI Energy, Inc. (ticker: PTEN) all had their …

December 1, 2014 - 6:17 pm Oil and Gas 360 Articles, Oilfield Services