Frack Attack

Helmerich & Payne (HP) Up 1.8% Since Last Earnings Report: Can It Continue?

Helmerich & Payne (HP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

• 
  Why Is Wesco International (WCC) Up 28.7% Since Last Earnings Report?

  Zacks
• 
  Stanley Black & Decker (SWK) Up 13.8% Since Last Earnings Report: Can It Continue?

  Zacks

Clean Harbors (CLH) Up 13.7% Since Last Earnings Report: Can It Continue?

Clean Harbors (CLH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

• 
  Willis Towers Watson (WLTW) Up 13.8% Since Last Earnings Report: Can It Continue?

  Zacks
• 
  Why Is Cullen/Frost (CFR) Up 5.7% Since Last Earnings Report?

  Zacks

Clean Harbors to Present at Stifel’s 2020 Virtual Cross Sector Insight Conference

Clean Harbors, Inc. ("Clean Harbors") (NYSE:CLH), the leading provider of environmental and industrial services throughout North America, today announced that Chief Financial Officer Michael L. Battles, EVP Safety-Kleen Oil Craig Linington and SVP Investor Relations Jim Buckley will be participating in a fireside chat at Stifel’s 2020 Virtual Cross Sector Insight Conference.

• 
  CTI BioPharma to Present at the Jefferies 2020 Healthcare Conference on Thursday, Jun. 4

  PR Newswire
• 
  Tandem Diabetes Care Announces Upcoming Virtual Conference Presentations

  Business Wire

Schlumberger Announces Redemption of 100% of Outstanding 4.200% Senior Notes Due 2021

Schlumberger Limited ("Schlumberger") today announced that Schlumberger Oilfield UK Plc, an indirect wholly-owned subsidiary of Schlumberger ("SLB UK"), will redeem the entire outstanding principal amount of its 4.200% Senior Notes due 2021 (CUSIP Nos. 80685QAA4/G7861RAA4; ISIN Nos. US80685QAA40/USG7861RAA44; and Common Codes 56301097/56301046) (the "Notes"). The redemption date for the Notes is June 29, 2020 (the "Redemption Date"). The Notes are currently listed on the Official List of the Luxembourg Stock Exchange and admitted to trading on the Euro MTF market.

Hedge Funds Are Warming Up To Schlumberger Limited. (SLB)

In this article you are going to find out whether hedge funds think Schlumberger Limited. (NYSE:SLB) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among […]

• 
  Hedge Funds Have Never Been Less Bullish On International Business Machines Corp. (IBM)

  Insider Monkey
• 
  Hedge Funds Started Cashing Out Of Liberty Broadband Corp (LBRDK)

  Insider Monkey

Here's Why Nabors Industries Stock Rocketed Higher Today

A Wall Street analyst raising his price target can do wonders for a stock price, especially when there's high short interest.

• 
  Why Nio's Stock Is Trading Higher Today

  Benzinga
• 
  Why NIO Stock Is Rising Today

  Motley Fool

Halliburton (HAL) Dips More Than Broader Markets: What You Should Know

Halliburton (HAL) closed the most recent trading day at $12.11, moving -0.66% from the previous trading session.

• 
  General Dynamics (GD) Dips More Than Broader Markets: What You Should Know

  Zacks
• 
  Blackstone Group (BX) Gains As Market Dips: What You Should Know

  Zacks

Carl Icahn Takes Over $1.6 Billion Loss on Embattled Hertz

Billionaire investor exits position as car rental company files for Chapter 11 bankruptcy Continue reading...

Halliburton Company (NYSE:HAL) Will Pay A US$0.045 Dividend In 4 Days

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Halliburton...

Newpark Resources Adopts Limited Duration Stockholder Rights Plan

Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced that the Company's Board of Directors has adopted a limited duration stockholder rights agreement ("Rights Plan"), which expires on May 1, 2021.

A Comeback in U.S. Shale Is At Least a Year Away, Oil CEO Says

(Bloomberg) -- Even if the economy continues to recover and a second wave of the pandemic is less damaging than the first, U.S. shale drillers may still take at least a year before moving rigs back into the field, according to the leader of an oilfield-services company.Precision Drilling Corp. Chief Executive Officer Kevin Neveu said activity in U.S. shale basins is in for a “prolonged downturn,” with drilling not rebounding until late in the second quarter of 2021 at the earliest, or the end of next year at the latest. That projection assumes governments respond to secondary Covid-19 outbreaks with less drastic measures than they used in recent months.And if history is any guide, the eventual recovery will be abrupt as drillers respond to a shortage of supply and rising prices, he said.“By the time our customers get a signal that they need more oil, it’s almost too late,” Neveu said in an interview. “We’ll have to ramp up very quickly and very abruptly. I wouldn’t expect anything different this time.”Precision Drilling, based in Calgary, has 236 rigs worldwide, with about 110 in Canada, 110 in the U.S. and the balance in other international locations. Currently, only 10 of the company’s Canadian rigs and 26 of its U.S. rigs are operating.During the last oil-price crash that started in 2014, the U.S. rig count tumbled for almost two years, bottoming out at 316 in May 2016. As prices rebounded, the tally more than doubled within a year and continued climbing to 887 in November 2018.Since that peak, drilling activity waned as investors pushed producers to focus on profitability over output gains, then fell off a cliff starting in February as the twin shocks of the Covid-19 pandemic and the Saudi-Russian price skirmish sent oil prices to record lows. Last week, the number of oil rigs at work in the U.S. slipped to the lowest since 2009.U.S. shale fields will lead the drilling recovery because they can bring production back quickly, with oil flowing in about three months from the time a rig is deployed, Neveu said.‘On the Chin’“They’re taking it on the chin right now, and certainly production is slowing down and activity is slowing down, but it’s so quick and so easy to get that production flowing again that I think it will be one of the first places the E&P companies go,” he said.The next rebound in output also could be sharper than previous ones because digitization and automation on rigs allows crews to get the machines back to maximum efficiency in one to two months, about half the time it took before, Neveu said.Depending on how severe the supply shortage gets, the U.S. could see activity bounce back to levels it hasn’t seen since last year, he said.“Getting back to 800 rigs in the U.S. is plausible,” Neveu said. “If oil prices were in the $60 to $70 range, it could back to where it was pre Covid-19 and pre-Russia-Saudi price war.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

• 
  Coronavirus is a 'racial pandemic,' doctors and scholars warn

  Yahoo News
• 
  E-commerce Drives Multi-Pronged Expansion At UPS Airlines

  Benzinga

Hedge Funds Are Buying LCNB Corp. (LCNB)

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

• 
  Willis Towers Watson (WLTW): Hedge Funds Received The Buy “Signal”

  Insider Monkey
• 
  Hedge Funds Have Never Been Less Bullish On International Business Machines Corp. (IBM)

  Insider Monkey

National Oilwell Varco (NOV) Up 9.4% Since Last Earnings Report: Can It Continue?

National Oilwell Varco (NOV) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

• 
  Why Is PRA Health Sciences (PRAH) Up 7.3% Since Last Earnings Report?

  Zacks
• 
  Why Is Northrop Grumman (NOC) Up 3.7% Since Last Earnings Report?

  Zacks

Oil & Gas Stock Roundup: Halliburton Lowers Dividend, National Oilwell Stops Paying

Halliburton (HAL) told investors it is cutting its dividend by 75%, while National Oilwell Varco (NOV) board suspended the quarterly payout indefinitely to retain cash in the business.

• 
  Why U.S. energy CEOs will get big payouts despite oil meltdown

  Reuters
• 
  National Oilwell Varco (NOV) Up 9.4% Since Last Earnings Report: Can It Continue?

  Zacks

Why U.S. energy CEOs will get big payouts despite oil meltdown

National Oilwell Varco Inc (NOV) has had a rough few years: Since 2017, the Houston company, whose drilling equipment is in major oilfields worldwide, has lost two-thirds of its value, costing shareholders a combined $9 billion. Despite that performance, Chief Executive Clay Williams pocketed $3.3 million in stock in late February, solely because his company's total shareholder return over the three years ending in 2019 was not as bad as most of his beleaguered peers. U.S. energy executives have retained such lavish payouts even as they have struggled for years to deliver shareholder returns - despite massive growth in domestic shale oil production.

• 
  Oil & Gas Stock Roundup: Halliburton Lowers Dividend, National Oilwell Stops Paying

  Zacks
• 
  National Oilwell Varco (NOV) Up 9.4% Since Last Earnings Report: Can It Continue?

  Zacks

Essent Group Set to Join S&P MidCap 400; Coherus BioSciences, Patterson-UTI Energy to Join S&P SmallCap 600

S&P; Dow Jones Indices will make the following changes to the S&P; MidCap 400 and S&P; SmallCap 600 effective prior to the open of trading on Monday, June 1:

Halliburton 2020 Second Quarter Conference Call

Halliburton Company (NYSE: HAL) will host a conference call on Monday, July 20, 2020, to discuss its second quarter 2020 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time).

• 
  McCormick & Company's 2020 Second Quarter Results Conference Call to be Available on the Web

  PR Newswire
• 
  Dollar Tree, Inc. Reports Results for the First Quarter Fiscal 2020

  Business Wire

Halliburton Cuts Dividend in a Drastic Step to Preserve Cash

Halliburton's (HAL) board members consent to a 20% voluntary cut in their annual salaries.

CSI Compressco LP Announces Extension Of Expiration Time Of Exchange Offer

CSI Compressco LP ("CSI Compressco" or the "Partnership") (NASDAQ: CCLP) and the Partnership's wholly owned subsidiary, CSI Compressco Finance Inc. ("Finance Corp" and, together with the Partnership, the "Issuers") today announced that they have extended the Expiration Time for their previously announced offer to exchange (the "Exchange Offer") any and all of their outstanding 7.250% Senior Unsecured Notes due 2022 (CUSIP No. 20467BAB5) (the "Unsecured Notes") for newly issued 7.500% Senior Secured First Lien Notes due 2025 (the "New First Lien Notes") and 7.250% Senior Secured Second Lien Notes due 2027 (the "New Second Lien Notes" and, together with the New First Lien Notes, the "New Notes"), upon the terms and conditions set forth in the Confidential Offering Memorandum and Consent Solicitation Statement dated April 17, 2020, as amended by Supplement No. 1, dated May 1, 2020, Supplement No. 2, dated May 15, 2020, Supplement No. 3, dated May 18, 2020, Supplement No. 4, dated May 20, 2020, Supplement No. 5, dated May 21, 2020, Supplement No. 6, dated May 22, 2020, and Supplement No. 7, dated May 26, 2020 (the "Offering Memorandum").

• 
  Pembina Pipeline Corporation Announces Closing of $500 Million Public Note Offering

  PR Newswire
• 
  SM Energy Company Announces Extension Of Previously Announced Exchange Offers And Consent Solicitations

  PR Newswire