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Schlumberger News

News on Schlumberger (Ticker: SLB) continually updated from thousands of sources around the net.

Friday Jul 11 | Dallas Morning News

For Texas companies, Pemex contracts have meant billions

Although foreign companies were barred from producing oil and gas, Texas energy service companies have long played a role in Mexico's energy economy.

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Related Topix: Texas, Construction, Fluor, Schlumberger, Energy, Oil & Gas, Eagle Ford, TX, Dallas, TX

Thu Jul 10, 2014

AmericanBankingNews.com

Schlumberger Limited. Given New $130.00 Price Target at Goldman Sachs

Goldman Sachs' price objective would indicate a potential upside of 12.65% from the company's current price.

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Related Topix: Energy, Oil & Gas, Schlumberger

Seeking Alpha

The Next Beneficiaries Of The Oil-Spending Boom

Over the past year, I've highlighted the massive amount of money international oil companies are spending to find oil outside the U.S. I said oil-services stocks with international exposure, like Schlumberger , Halliburton , Baker Hughes, and Weatherford , would be big beneficiaries of this trend.

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Related Topix: Financial Markets, Energy, Oil & Gas, Halliburton, Weatherford International, Exxon Mobil, Superior Energy Services

Forbes.com

Schlumberger August 29th Options Begin Trading

Ltd. saw new options begin trading today, for the August 29th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the SLB options chain for the new August 29th contracts and identified one put and one call contract of particular interest.

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Related Topix: Energy, Oil & Gas, Schlumberger, Financial Markets

Wed Jul 09, 2014

Barron's

Schlumberger Rally Can Continue Amid Upgrades

Early Wednesday, HSBC analyst Phillip Lindsay upgraded shares of the oilfield service giant to Overweight from Neutral, and increased his target price by $30, to $135.

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Related Topix: Energy, Oil & Gas

Seeking Alpha

HSBC latest to sing praises for Schlumberger, rally looks set to continue

Schlumberger's recent rally isn't likely to run out of gas anytime soon, HSBC says as it upgrades shares to Overweight from Neutral and raises its target price by $30 to $135 and sees significant medium-term gains "based on a strengthening earnings trajectory, and an improving financial returns and free cash flow profile."

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Related Topix: Energy, Oil & Gas

Reuters

Under sanction threat, Russia turns to own, Chinese oil technology

With President Vladimir Putin watching from afar, the head of Rosneft, Igor Sechin, launched the world's biggest oil drilling platform in the Okhotsk Sea to warm handshakes with his colleagues from ExxonMobil.

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Related Topix: Vladimir Putin, World News, Russia, Exxon Mobil, Energy, Oil & Gas, Schlumberger

Tue Jul 08, 2014

Forbes.com

Schlumberger Is A Top Holding Of Latest 13-F Filers

At Holdings Channel, we have reviewed the latest batch of the 22 most recent 13-F filings for the 06/30/2014 reporting period, and noticed that Schlumberger was held by 17 of these funds.

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Related Topix: Energy, Oil & Gas

Mon Jul 07, 2014

Oil and Gas Online

Borets Expands U.S. Team

Borets, a global leader in the engineering, manufacturing, sales and service of electric submersible pump systems, has added several sales and marketing professionals to its Texas and Oklahoma offices.

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Related Topix: Marketing, Kilgore, TX, Schlumberger, Energy, Oil & Gas

Seeking Alpha

Schlumberger: Aggressive 2017 Targets Drive Current Momentum

Shares of Schlumberger have seen huge momentum in recent weeks. The reason is a very detailed and ambitious multi-year growth plan which were cheered by investors.

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Related Topix: Energy, Oil & Gas

TheStreet.com

5 Rocket Stocks to Buy for Earnings Season

But as well as the broad market is performing this summer, there's one category of stocks that's stomping it.

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Related Topix: Financial Markets, Energy, Oil & Gas, Business News

Sun Jul 06, 2014

CultureMap

TV news stars turn out in force to see Houston's Gucci-wearing Gayby Boom baby

The 411: Schlumberger corporate attorney Michael Pearce and Houston Association of Realtors communications chief Matt Burrus , who share their parenting skills and challenges on their Gayby Boom blog, invited guests in to meet their second child.

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Related Topix: Schlumberger, Energy, Oil & Gas, Family, Parenting, Apparel, Polo Ralph Lauren Corporation

The Washington Post

Norwegian Oil Services Strike Averted as Salary Increases Agreed

Norway's Industri Energi union and the oil and gas producer lobby reached an agreement on pay, averting a strike at companies including Halliburton Co., Schlumberger Ltd. and Baker Hughes Inc. The deal, negotiated with the Norwegian Oil and Gas Association overnight, includes increasing the compensation for Industri Energi 6,700 members working in ... (more)

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Related Topix: Energy, Halliburton, Oil & Gas, Science / Technology

Wed Jul 02, 2014

AmericanBankingNews.com

Schlumberger Limited. EVP Ashok Belani Unloads 230,032 Shares

Schlumberger Limited. EVP Ashok Belani sold 230,032 shares of the company's stock in a transaction that occurred on Monday, June 30th.

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Related Topix: Energy, Oil & Gas, Schlumberger

Tue Jul 01, 2014

Forbes.com

Schlumberger And Halliburton Are Bedrock Energy Winners

's daylong session for Wall Street houses, SLB stock spiked by 6% in a couple of hours.

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Related Topix: Energy, Oil & Gas, Exxon Mobil, World News, OPEC (Organization of the Petroleum Exporting Countries), Chevron Corporation, Financial Markets

Mon Jun 30, 2014

Bloomberg

Petrobras Said to Offer $2 Billion in Supply Contracts

Petroleo Brasileiro SA , the biggest crude producer in ultra-deep waters, is offering more than $2 billion in drilling-service contracts, some under revised terms after suppliers complained about the original agreements, said two people with direct knowledge of the bidding process.

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Related Topix: Petroleo Brasileiro Petrobras, Oil & Gas, South America, World News, Brazil, Halliburton, Energy, Baker Hughes

Benzinga

Morgan Stanley Sees Upside for Schlumberger & Nabors Amid Russia Risk

In a report published Monday, Morgan Stanley analyst Ole Slorer showed increased conviction in Schlumberger Limited and Nabors Industries .

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Related Topix: Energy, Oil & Gas, Schlumberger

AmericanBankingNews.com

Schlumberger Limited. Hits New 1-Year High Following Analyst Upgrade

Schlumberger Limited. reached a new 52-week high during trading on Monday after Argus raised their price target on the stock from $121.00 to $150.00, American Banking and Market News reports.

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Related Topix: Energy, Oil & Gas, Schlumberger, Stanley

Fri Jun 27, 2014

Seeking Alpha

C&J Energy Services Goes All-In With The Nabors Deal

C&J agrees to pay $2.9 billion to acquire the completion and production businesses of Nabors, making the new C&J a major operator in multiple service categories.

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Related Topix: Energy, Halliburton, Oil & Gas, Baker Hughes

AmericanBankingNews.com

Schlumberger Limited. Given Outperform Rating at Credit Suisse

's stock had its "outperform" rating reaffirmed by equities research analysts at Credit Suisse in a research note issued to investors on Friday.

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Related Topix: Energy, Oil & Gas, Schlumberger, Stanley

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