Top oilfield services firms signal fourth-quarter uncertainty
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Halliburton (HAL) PT Lowered to $55 at FBR Capital Following 3Q
October 24, 2017 8:33 AM EDTFBR Capital lowered its price target on Halliburton (NYSE: HAL) to $55.00 (from $61.00) while maintaining a Buy rating following the company's 3Q earnings report. HAL had the strongest 3Q17 earnings event of the diversified Big 3 OFS, beating consensus EPS by $0.05 or 14%, endorsing existing 4Q17... More
Halliburton (HAL) PT Lowered to $51 at Jefferies Following 3Q
October 24, 2017 7:10 AM EDTJefferies lowered its price target on Halliburton (NYSE: HAL) to $51.00 (from $56.00) while maintaining a Buy rating following the company's 3Q earnings report. 3Q17 results appear supportive. HALs suggestion that there was investment related to its Production franchise points to higher incremental margins in... More
Schlumberger (SLB) PT Lowered to $70 at BMO Capital on 3Q Report; 'Results Were Slightly Weaker Than Expected'
October 23, 2017 9:33 AM EDTBMO Capital lowered its price target on Schlumberger (NYSE: SLB) to $70.00 (from $72.00) while maintaining a Market Perform rating, following the company's third quarter earnings report.
Analyst Daniel Boyd notes a cautious outlook following the company's third quarter earnings report citing "results were slightly weaker... More
Baker Hughes, GE Company (BHGE) PT Lowered to $32 at Simmons Following 3Q
October 23, 2017 8:31 AM EDTSimmons lowered its price target on Baker Hughes, GE Company (NYSE: BHGE) to $32.00 (from $60.00) while maintaining a Neutral rating following the company's 3Q earnings release. A mixed quarter for BHGE with plenty of moving parts was driven predominantly by ongoing merger integration... More
Baker Hughes, GE Company (BHGE) PT Lowered to $38 at Jefferies Following 3Q
October 23, 2017 8:07 AM EDTJefferies lowered its price target on Baker Hughes, GE Company (NYSE: BHGE) to $38.00 (from $40.00) while maintaining a Hold rating following the company's 3Q earnings report. BHGE delivered a straightforward quarter right out of the gate, with loosely implied guidance for 4Q not pointing to drastic... More
Schlumberger (SLB) PT Lowered to $75 at Jefferies; Reiterates Buy
October 23, 2017 8:05 AM EDTJefferies lowered its price target on Schlumberger (NYSE: SLB) to $75.00 (from $80.00) while maintaining a Buy rating following the company's efforts to put SPM and comparable investments into context and its arguments that SPM adds different but not necessarily more risk have merit.
Analyst Brad Handler... More
Halliburton (HAL) Tops Q3 EPS by 5c, Beats on Revenues
October 23, 2017 6:53 AM EDTHalliburton (NYSE: HAL) reported Q3 EPS of $0.42, $0.05 better than the analyst estimate of $0.37. Revenue for the quarter came in at $5.44 billion versus the consensus estimate of $5.33 billion.
For earnings history and earnings-related data on Halliburton (HAL) click here.
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