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Options Traders Expect Huge Moves in Weatherford International (WFT) Stock

2017-11-22 zacks
Investors in Weatherford International plc (WFT - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Feb 16th 2018 $1.00 Put had some of the highest implied volatility of all equity options today. (65-0)

More Rigs Gather at Permian Basin as Oil & Gas Prices Recover

2017-11-21 zacks
In its weekly release, Houston-based oilfield services player Baker Hughes, a GE company (BHGE - Free Report) , reported an increase in natural gas rig count in the United States. The number of rigs exploring oil remained in line with the prior week. Details Weekly Summary: Rigs engaged in the exploration and production of oil and natural gas in the United States totaled 915 in the week ended Nov 17 — higher than the prior week’s 907. (77-1)

How Weatherford Stock Moved in the Week Ended November 17

2017-11-21 marketrealist
Weatherford International (WFT) stock fell 16.0% in the week ended November 17, 2017. The VanEck Vectors Oil Services ETF (OIH) generated a return of -6.0% during this period. (12-0)

Which Energy Stocks Underperformed Weak Oil Last Week?

2017-11-20 marketrealist
In the week ended November 17, oilfield services stock Seadrill Limited (SDRL) was the biggest loser among our list of energy stocks. Our list is made of up stocks from the VanEck Vectors Oil Services ETF (OIH), the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), the Energy Select Sector SPDR ETF (XLE), the Alerian MLP ETF (AMLP), and a few US-listed integrated energy stocks. (94-0)

Will Nabors Industries’ 2018 Plans Improve Returns?

2017-11-20 marketrealist
Nabors Industries’ (NBR) one-year stock price was down 58% as of November 16. We discussed Nabors Industries’ value drivers in Will Nabors Industries’ Weak Run Continue? (13-0)

Why Nabors Industries’ Stock Price Is Bearish

2017-11-17 marketrealist
Nabors Industries (NBR) is one of the largest land-based drilling operators in the world. It had a weak run in the stock market in 2017. On November 15, NBR was trading at $5.78, which was ~65% lower than its price since the beginning of 2017. On August 14, Nabors Industries disclosed that it signed an agreement to acquire its oilfield equipment and services (or OFS) industry peer Tesco Corporation (TESO). (12-0)

What’s Weatherford’s Stock Price Forecast for Next 7 Days?

2017-11-13 marketrealist
On November 10, 2017, Weatherford International’s (WFT) implied volatility (or IV) was ~54%. WFT released its 3Q17 financial results on November 1. Since November 1, 2017, Weatherford’s IV has remained unchanged at 54%. Since November 1, WFT’s stock price has risen 11%. WFT makes up 3.1% of the SPDR S&P Oil & Gas Equipment & Services ETF (XES). XES has risen 7% since November 1. (12-0)

How Weatherford Stock Performed Last Week

2017-11-13 marketrealist
Between November 3 and November 10, 2017, Weatherford International (WFT) stock rose 2%. The VanEck Vectors Oil Services ETF (OIH) has generated 4% returns in this period. So, WFT has underperformed OIH in the past week. On November 10, 2017, the West Texas Intermediate (or WTI) crude oil price was 2% higher than the WTI crude oil price on November 3, 2017. Read more on what’s been happening in the energy market in Market Realist’s Are Russia and the US New Problems for the Crude Oil Market? (11-0)

Venezuelan oil output heads to 29-year low as cash crunch grows

2017-11-11 worldoil
HOUSTON and NEW YORK (Bloomberg) -- Venezuela is set to pump the least oil in almost three decades, just when it needs petrodollars the most. (12-0)

Venezuelan Oil Output Heads to 29-Year Low as Cash Crunch Grows

2017-11-10 rigzone
(Bloomberg) -- Venezuela is set to pump the least oil in almost three decades, just when it needs petrodollars the most. (12-0)

Wall Street Breakfast: The Trade That Shocked Wall Street

2017-11-09 seekingalpha
It's now one year since Election Day, with the past 12 months seeing one of the most profound and prolonged declines in market volatility on record. Continuous closing highs have also propelled U.S. equity indexes over the period: Dow +32%, S&P 500 +24%, Nasdaq +35%. With stocks eking out more gains yesterday to push all three benchmarks into record territory, what lies in store for the future? (481-1)

[Press] Oilfield Services Market: Increasing Consumption of Oil & Gas Resources Drives the Global Industry

2017-11-08 oilvoice
According to the report, the global oilfield services market accounted for USD 102.08 billion in 2016 and is expected to reach USD 127.31 billion by 2022, growing at a CAGR of 3.8% between 2017 and 2022. The report covers forecast and analysis for the oilfield services market on a global and regional level. The study provides historic data of 2014 to 2016 along with a forecast from 2017 to 2022 based on revenue (USD billion). (41-0)

Weatherford’s Stock Price Forecast for the Next 7 Days

2017-11-06 marketrealist
On November 3, 2017, Weatherford International’s (WFT) implied volatility was ~50%. Weatherford released its 3Q17 financial results on November 1. Since November 1, 2017, Weatherford’s implied volatility has fallen from 54% to the current level. Since November 1, Weatherford’s stock price has risen 9%. Weatherford accounts for 4.1% of the SPDR S&P Oil & Gas Equipment & Services ETF (XES). XES has risen 2% since November 1. (12-0)

[Press] Oilfield Services Global Market Gains from Focus on Adoption of New Sources 2014 - 2025

2017-11-06 oilvoice
Radiant Insight Announce Addition of New Report “Oilfield Services Market Analysis By Application, By Service (Workover & Completion, Production, Drilling, Subsea, Seismic), By Type, By Region (North America, Europe, Asia Pacific, MEA, CSA), And Segment Forecasts, 2014 - 2025” Description The global oilfield services market is expected to be valued at USD 139.1 billion by 2025, according to a new report by Grand View Research, Inc. (37-0)

Weatherford Stock Rose in the Week Ending November 3

2017-11-06 marketrealist
Since the week ending October 27, 2017, Weatherford International (WFT) stock has risen 22% until November 3, 2017. The VanEck Vectors Oil Services ETF (OIH) generated 5% returns during this period. So, Weatherford outperformed OIH in the past week. On November 3, 2017, the WTI (West Texas Intermediate) crude oil price was 6% higher—compared to the WTI crude oil price on October 27, 2017. To learn more about what has been happening in the energy market, read How Rise in Oil Could Affect Your Energy Investments. (12-0)

CUSIP: G48833100