ConocoPhillips takes slow, steady route in race for oil profits

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Schlumberger (SLB) PT Raised to $100 at Deutsche Bank; Reiterates Buy

April 24, 2017 7:44 AM EDT

Deutsche Bank raised its price target on Schlumberger (NYSE: SLB) to $100.00 (from $90.00) while maintaining a Buy rating.

Analyst Mike Urban continues to believe that the company's ability to integrate offerings and leverage its transformation process will drive differentiated margin progression relative to previous cycles.

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Schlumberger (SLB) PT Lowered to $92 at Jefferies; Reiterates Buy

April 24, 2017 7:25 AM EDT

Jefferies lowered its price target on Schlumberger (NYSE: SLB) to $92.00 (from $96.00) while maintaining a Buy rating. SLB continues to add to investments and create platforms that relate to using its balance sheet to foster growth and to showcase/represent different, more cooperative business models... More

Chevron (CVX) to Sell Bangladesh Entities to Himalaya Energy Co.

April 24, 2017 5:54 AM EDT

Chevron Corporation (NYSE: CVX) announced that its wholly-owned subsidiary, Chevron Global Ventures, Ltd., has entered into an agreement to sell the shares of its wholly-owned indirect subsidiaries operating in Bangladesh to Himalaya Energy Co. Ltd. Chevron Bangladesh operates Block 12 (Bibiyana Field) and Blocks 13 and 14... More