Oil Services Stocks
North American Oil-Field Services: Near-Term and Longer-Term Outlook
Oil and gas service and equipment providers must contend with another year of massive capital expenditure cuts, the most extreme of which will occur in the US onshore market. The independent exploration and production companies...
Dream Prices from a Nightmare Situation
EOG Resources (NYSE: EOG) With a top-notch acreage position in three of North America’s most prolific shale fields, low debt and a track record of steady drilling efficiency gains, EOG Resources is one of the...
Key Takeaways from Schlumberger’s First-Quarter Earnings Call
When you consider the collapse in energy prices that has occurred since last summer, oil-field service giant Schlumberger (NYSE: SLB) reported solid first-quarter results, fueled by company-specific advantages, cost reductions and efficiency initiatives.. Management’s commentary...
Sand in the Gears: Elevated Downside Risk for High-Flying Proppant Producers
Thanks to rapid development of unconventional fields such as North Dakota’s Bakken Shale and Eagle Ford Shale in South Texas, US oil production has soared buy more than 60 percent over the past five years,...
IPO Analysis: Mammoth Energy Partners LP (NSDQ: TUSK)
Unlike most MLPs, Mammoth Energy Partners will pay a quarterly distribution that varies based on the cash flow generated by the smattering of oil-field services businesses arrayed under its banner. In other words, investors seeking...
Energy Takeout Menu, Part 1
Weatherford International (NYSE: WFT) The smallest of the Big Four oil-field services firms, Weatherford International’s size, recent struggles and industry-leading position artificial lift make the company a potential takeover candidate. Between 2011 and 2013, Weatherford...
05/14/14: A Second(ary) Chance to Buy
USA Compression Partners LP’s (NYSE: USAC) Secondary Offering Gives Investors a Buying Opportunity Aggressive MLP Portfolio holding USA Compression Partners LP (NYSE: USAC) stands to benefit from the growing proportion of US natural-gas output that...
Swimming Upstream
Emerge Energy Services LP (NYSE: EMES) Emerge Energy Services LP operates two business segments: mining specialized silica sand for use in hydraulic fracturing, and fuel processing and distribution. Oil and gas producers use American Petroleum...
Focus List — Less is More
We designed Energy & Income Advisor to be the most comprehensive financial advisory covering this popular sector. Our coverage universe includes every energy-related master limited partnership (MLP), more than 70 dividend-paying Canadian energy stocks and...
Transocean Proposes Huge Dividend Increase, But There are Other Drillers in the Sea
On Nov. 11, 2013, shares of offshore drilling giant Transocean (NYSE: RIG) rallied by almost 4 percent after the company announced plans to pursue a more shareholder-friendly strategy that involves: Boosting the dividend to $3.00...
Bucking Tradition
Although the majority of investors associate master limited partnerships (MLP) with midstream infrastructure and a handful of well-hedged upstream operators, an upsurge in private letter rulings from the Internal Service has expanded the interpretation of...
01/24/13: Deep Dive into Schlumberger’s Fourth Quarter
We eagerly anticipate Schlumberger’s (NYSE: SLB) results and conference calls each quarter, as management’s commentary offers unparalleled context on trends and business conditions in every major oil and gas producing region. Here’s our take on...
12/18/12: Petroleum Geo-Services’ 2012 Capital Markets Day
Focus List holding Petroleum Geo-Services (Oslo: PGS, OTC: PGSVY) hosted its annual Capital Markets Day today. Although management reaffirmed that the market for marine seismic services remains robust, the company did indicate that 2012 earnings...
11/15/12: A Turnaround Story or a Takeover Play
Weatherford International (NYSE: WFT) reported messy third-quarter results because of the company’s ongoing tax accounting issues, inventory writedowns, and one-off goodwill impairment charges related to certain business segments. Although the company’s underlying operations enjoyed a...
11/03/12: Oil-Field Services Roundup
Third-quarter results in the oil-field services space reflected ongoing weakness in North America and steady improvement in international markets. Among the Big Four services companies, Focus List holding Schlumberger (NYSE: SLB) stands to benefit the most...
10/19/12: Schlumberger Announces Third-Quarter Results
Focus List holding Schlumberger (NYSE: SLB), which we covered at length in our inaugural issue, announced third-quarter earnings from continuing operations of $1.44 billion, an increase 3 percent sequentially and 10 percent on a year-over-year...
Under Pressure: Profit Margins on North American Hydraulic Fracturing
The end of easy oil is a secular trend that will provide a long-term tailwind for the services industry. However, investors also need to be attuned to short-term downdrafts and updrafts in this cyclical industry...
The Picks: Offshore Boom
Contract drillers aren't in the business of exploring for or producing oil and natural gas, nor are their earnings and revenues directly dependent on the vagaries of global commodity markets. But since the contract drilling...
The Picks: Oil-Field Services
Schlumberger (NYSE: SLB) With a market capitalization of $96 billion, Schlumberger is the largest of the Big Four oil-field services companies and more than three times the size of Halliburton (NYSE: HAL). The firm is...
Riding the Cycle
The end of easy oil is a secular trend that will provide a long-term tailwind for the services industry. However, investors also need to be attuned for short-term downdrafts and updrafts in this cyclical industry...
TRENDING TOPICS
Deep Sector Dive: Top Stock Buys in Energy and Utilities
This week, Elliott and I sat down with MoneyShow's Mike Larson to talk about how plenty of profit opportunities remain for energy investors in both...
Exxon Mobil Acquires Pioneer Natural Resources
Effective May 3rd, Exxon Mobil (NYSE: XOM) has closed its acquisition of Model Portfolio holding Pioneer Natural Resources (NYSE: PXD) in an all-stock deal. Pioneer...
Misunderstood Merger: EQT/Equitrans is a MoneyMaker
We’ve commented frequently on the industrial logic of recombining Equitrans Midstream (NYSE: ETRN) with its former parent, natural gas-weighted producer EQT Corp (NYSE: EQT). And...
Oil and US Refiners
Just a few weeks ago, in early January West Texas Intermediate (WTI) crude oil prices were trading around $70/bbl and Brent was under $75/bbl, well...