Schlumberger Ltd. (SLB) Reports In-Line Q3 EPS, Revenues Miss
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Schlumberger (SLB) PT Lowered to $71 at Credit Suisse
October 22, 2018 8:17 AM EDTCredit Suisse analyst James Wicklund lowered the price target on Schlumberger (NYSE: SLB) to $71.00 (from $82.00) while maintaining a Outperform rating.
... MoreSchlumberger (SLB) PT Lowered to $75 at Cowen
October 22, 2018 7:15 AM EDTCowen analyst Marc Bianchi lowered the price target on Schlumberger (NYSE: SLB) to $75.00 (from $77.00) while maintaining an Outperform rating.
The analyst commented, "SLB outperformed the OIH by ~75bps after reporting a modest beat yet provided guidance which implies downside to 4Q and 1Q.... More
BofA/Merrill Lynch Reinstates Schlumberger (SLB) at Buy
October 18, 2018 3:07 AM EDTBofA/Merrill Lynch analyst Chase Mulvehill reinstates coverage on Schlumberger (NYSE: SLB) with a Buy rating and a price target of $73.00.
For an analyst ratings summary and ratings history on Schlumberger click here. For more ratings news on Schlumberger click here.
Shares of Schlumberger closed at $59.24 yesterday.
... MoreU.S. oil service firms face tough quarter despite high crude prices
October 17, 2018 12:10 AM EDTBy Liz Hampton
HOUSTON (Reuters) - Even as crude prices hover near four-year highs, U.S. oilfield service firms' third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints and pressure to hold down spending.
Oil producers are holding off finishing new wells, and cost pressures from tight labor markets and U.S. tariffs on imported steel are driving up service firms' costs.
Meanwhile, shale producers including Devon Energy Corp (NYSE: DVN) and Oasis Petroleum Inc (NYSE: OAS) are... More
