Post Tagged with: "Price recovery"

Schlumberger: “Significant Recovery” will not occur Until 2017

Schlumberger: “Significant Recovery” will not occur Until 2017

Thwarted by Oil Market, SLB Posts first Quarterly Loss in More than a Decade

Fourth quarter earnings season is officially underway, and, expectedly, Schlumberger (ticker: SLB) opened up the forum with a not-so-pleasant outlook on the oil and gas market.…

Oil and Gas Industry Sees a More Subdued Recovery: Baird Survey

Oil and Gas Industry Sees a More Subdued Recovery: Baird Survey

Oil prices expected to stay at or below $50 for the next six months

Lower for longer is starting to truly set in with the oil and gas industry as buyside investors and the industry see a more muted outlook …