Baker Hughes Company (BKR) call put ratio 1 call to 2.5 puts as share priced down 4.5%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% on concerns over AI buildout costs, Fed rate outlook
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Deutsche Bank cuts gold outlook as Fed repricing weighs on prices
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Stifel's top oil stocks to own in 2024
January 28, 2024 8:00 PM ESTAs we enter 2024, Stifel analysts express confidence in the risk/reward dynamics of oil service stocks. They emphasize that a substantial 95% of the stocks in their coverage universe are currently trading below the five-year median forward EV/EBITDA multiple.
After a stellar performance in 2022, oil service stocks faced challenges in 2023, with the OSX maintaining stability while the XLE experienced a 4.1% decline, and the S&P 500 increased by 24.2%. Large caps and offshore entities led the way, but U.S.-leveraged firms experienced multiple compressions due to a decline in activity.
Despite the headwinds of 2023, TTI (+30.6%), BKR (+15.7%), and LBRT (+13.3%) delivered... More
