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EIA Reports Large Natural Gas Draw - Analyst Blog
Friday, January 21, 2011 - 4:38pm | 777The U.S. Energy Department's weekly inventory release showed a larger-than-expected drop in natural gas supplies, attributable to considerably colder-than-normal weather conditions. The Weekly Natural Gas Storage Report brought out by the Energy Information Administration (EIA) every Thursday...
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Market Up in Response to Earnings 01-21-2011
Friday, January 21, 2011 - 2:59pm | 932Cusick's Corner The market is up (but has faded and is closer to the day's lows) in response to upside surprises from General Electric (GE) (see Bullish Flow) and Google (GOOG). Financials were the leading sector, even though Bank of America's (BAC) earnings were not as strong as expected. It is...
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Schlumberger's 4Q Profit Soars - Analyst Blog
Friday, January 21, 2011 - 12:04pm | 950Schlumberger Limited (SLB) reported robust fourth-quarter earnings of 85 cents per share (excluding one-time items), substantially beating the Zacks Consensus Estimate of 77 cents as well as the year-earlier profit of 67 cents per share. The improvement was driven by strong activity in the liquid...
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Schlumberger's 4Q Profit Soars - Analyst Blog
Friday, January 21, 2011 - 11:30am | 950Schlumberger Limited (SLB) reported robust fourth-quarter earnings of 85 cents per share (excluding one-time items), substantially beating the Zacks Consensus Estimate of 77 cents as well as the year-earlier profit of 67 cents per share. The improvement was driven by strong activity in the liquid...
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Energy Winners: Schlumberger, Oil Service
Friday, January 21, 2011 - 10:30am | 263(TheStreet) -- Fourth-quarter results from Schlumberger (NYSE: SLB) have set a positive tone for the oil service stock sector. Schlumberger shares were up more than 3% in trading early on Friday, and shares of Halliburton (NYSE: HAL), Baker-Hughes (NYSE: BHI) and Weatherford International (NYSE:...
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Earnings Preview: Halliburton Co. - Analyst Blog
Friday, January 21, 2011 - 9:31am | 728Leading oilfield service provider, Halliburton Company (HAL), is expected to report its fourth quarter and full year 2010 earnings on Monday, January 24, 2011, before the opening bell. The Zacks Consensus Estimate for the fourth quarter is 63 cents per share, while that for fiscal 2010 is $2.01...
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Goldman Bullish on the Energy Sector; Suggests Buying Calls (XOM, CVX)
Friday, January 21, 2011 - 9:18am | 200Goldman Sachs if out with a research note this morning, where it suggest traders and investors amplify their exposure to upside in energy stocks by buying calls. The analysts said, “Call buying is our favorite strategy in the Energy sector in early 2011 as options prices are attractive and our...
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Earnings Preview: Halliburton Co. - Analyst Blog
Friday, January 21, 2011 - 9:00am | 728Leading oilfield service provider, Halliburton Company (HAL), is expected to report its fourth quarter and full year 2010 earnings on Monday, January 24, 2011, before the opening bell. The Zacks Consensus Estimate for the fourth quarter is 63 cents per share, while that for fiscal 2010 is $2.01...
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Schlumberger Announced Q4 EPS $.85 vs. $.78
Friday, January 21, 2011 - 7:59am | 99Schlumberger Limited (NYSE: SLB) today reported full-year 2010 revenue of $27.45 billion versus $22.70 billion in 2009. Full-year 2010 income from continuing operations attributable to Schlumberger, excluding charges and credits, was $3.60 billion, representing diluted earnings-per-share of $2.86...
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US Stock Futures Signal Higher Start On Wall Street, General Electric Reports Upbeat Earnings
Friday, January 21, 2011 - 7:19am | 372US stock futures are higher this morning after General Electric (NYSE: GE) reported upbeat quarterly results. Google Inc (NASDAQ: GOOG) also reported better-than-expected quarterly earnings after the Thursday's closing bell. Futures on the Dow Jones Industrial Average gained 31 points to 11,805 and...
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Schlumberger Reports Upbeat Q4 Earnings
Friday, January 21, 2011 - 6:27am | 56Schlumberger Limited (NYSE: SLB) reports its Q4 adjusted EPS at $0.85, beating the consensus of $0.77. SLB reports its Q4 revenue at $9.07 billion, versus the estimates of $8.70 billion. SLB shares gained 0.06% to $85.33 in pre-market trading. Read more from Benzinga's Company news.
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Earnings Scheduled For January 21 (GE, SLB, APD, BAC, ARG, BBT, STI, AIT, FHN)
Friday, January 21, 2011 - 4:05am | 247General Electric Company (NYSE: GE) is projected to report its Q4 EPS at $0.32 on revenue of $39.90 billion. Schlumberger NV (NYSE: SLB) is forecast to report its Q4 earnings at $0.77 per share on revenue of $8.70 billion. Air Products and Chemicals Inc (NYSE: APD) is expected to report its Q1 EPS...
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Stocks To Watch For January 21 (BAC, GOOG, GE, AMD, SLB)
Friday, January 21, 2011 - 3:59am | 245Some of the stocks that may grab investor focus today are: Wall Street expects Bank of America Corporation (NYSE: BAC) to report its Q4 EPS at $0.14 on revenue of $24.87 billion. BAC shares fell 0.14% to $14.52 in after-hours trading. Google Inc (NASDAQ: GOOG) reported its Q4 net income at $2.54...
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Tidewater Declares Dividend of $.25
Thursday, January 20, 2011 - 3:31pm | 36Tidewater Inc. (NYSE: TDW) announced that its Board of Directors declared on January 20, 2011, a quarterly dividend of $.25 per share on Tidewater's approximately 51.4 million shares of common stock outstanding.
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Thursday's Put/Call Ratio Leaders (CTCT, TS, SVNT, TLB, LO)
Thursday, January 20, 2011 - 2:27pm | 89Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Constant Contact (NASDAQ: CTCT) 2,515 puts, 17 calls 2. Tenaris (NYSE: TS) 2,638 puts, 24 calls 3. Savient Pharmaceuticals (NASDAQ: SVNT) 7,127 puts, 224 calls 4. Talbots Inc. (NYSE:...