Stocks have moved mostly higher during trading on Wednesday, extending the strong upward move seen over the past several sessions. With the continued advance, the major averages have once again reached new record intraday highs.Currently, the major averages are well off their highs of the session but still in positive territory. The Dow is up 218.78 points or 0.5 percent at 47,925.15, the Nasdaq is up 131.49 points or 0.6 percent at 23,958.99 and the S&P 500 is up 14.53 points or 0.2 percent at 6,905.42.Nv ...

Summary of Global Oil Services Conference Call Industry Overview - The report discusses the **Global Oil Services** industry, focusing on the outlook for 2H25 and FY26, highlighting both positive and negative signals in the market [1][2]. Key Insights 1. **Financial Strength**: The industry is currently in a strong financial position, although it is trading at historically low multiples. Many investors have not capitalized on the O&G capex recovery from 2022-24 [1][2]. 2. **Conflicting Signals**: There are concerns regarding oil supply and price stability, with questions about whether oil will remain oversupplied and if prices might decline. Additionally, there are indications of weakening International/Offshore activity, which could be exacerbated by high consensus expectations [1][2]. 3. **US Market Activity**: The Dallas Fed survey indicates a rapid deterioration in US activity expected in 4Q25, despite a stabilizing rig count. Current consensus expectations for the US market are low [1][2]. 4. **Optimism from Key Players**: Companies like GTT and Viridien express optimism ahead of 3Q25, contrasting with the overall cautious sentiment [1][2]. Regional Activity Recovery 1. **Diverging Opinions**: There are differing views on whether North America or international markets will lead the recovery. SLB suggests North America will remain constrained due to economic challenges, while Halliburton believes it is positioned for recovery [3][4]. 2. **Investment Implications**: The outlook for 2026-27 is more positive than generally perceived, with potential catalysts for the sector. The report suggests that 4Q25 may represent a low point for North America, and given the sector's low valuation (approximately 1.3x EV/Revenue), there is significant upside potential for various stocks [4][6]. Preferred Investment Calls - **Next 6 Months**: GTT (Target Price €193), Viridien (Target Price €94), SLB (Target Price $47.60) - **Next 12 Months**: SBM (Target Price €24), Rubis (Target Price €38.7), Vallourec (Target Price €22.6), Tenaris (Target Price €21) - **Next 18 Months**: Adnoc Drilling (Target Price AED6.76), Saipem (Target Price €3.54), Subsea (Target Price NOK240) - Notably, GTT, SBM, and Rubis are largely de-correlated from oil prices [6]. Conclusion - The Global Oil Services industry is at a critical juncture with mixed signals regarding future activity and investment opportunities. The financial strength of the sector, combined with low valuations, presents potential upside for select stocks, while regional disparities in recovery expectations highlight the complexity of the market landscape [1][4][6].

Final trade time. Timothy >> going to be an interesting week and looking forward to bowing. I think there's a surprise on cash flow.BA >> Karen. >> Yes. So, as Peter Bookbar said, and I like to see him bullish.We don't often. He really likes oil. I like the OIH with Peter Courtney.>> Uh, looking ahead to next week, I think Visa is an interesting setup. I would take a look at this here. >> Carter Braxton wor >> Zoom.Uh, may it zoom. >> Thank you for watching Fast Money. Have a terrific weekend.Mad Money with ...

Halliburton shares jumped 11.6% on Tuesday after the Houston-based oil service company reported its Q3 revenue of $5.6 billion, surpassing Wall Street’s estimate of $5.39 billion. The company reported adjusted net income of $0.58 per share (diluted), with an adjusted margin of 13%, reflecting strong cost controls and stable international demand. In the international market, our value proposition is winning with customers, we are demonstrating differentiated performance both on and off-shore, and our grow ...

Oil-services company Halliburton's third-quarter net income fell sharply due to hefty impairment charges. ...

SLB N.V. (NYSE:SLB) is one of the stocks in Jim Cramer’s game plan for this week. Cramer ended the week’s game plan with the stock, as he commented: “We also get results from SLB, the old Schlumberger, and I bet this oil service titan tells it like it is. To me, that means oil, which broke through $60 level, could break down below $60. I think it’s, I mean, I think it could go to $55, and that’s a distinct possibility.” Pixabay/Public Domain SLB N.V. (NYSE:SLB) provides technology and services for the ...

The Hecht Commodity Report is one of the most comprehensive commodities reports available today from a top-ranked author in commodities, forex, and precious metals. My weekly report covers the market movements of over 29 different commodities and provides bullish, bearish, and neutral calls, directional trading recommendations, and actionable ideas for traders and investors.He runs the investing group The Hecht Commodity Report , one of the most comprehensive commodities services available. It covers the ma ...

After moving sharply lower early in the session, stocks have regained some ground over the course of the trading day on Tuesday. The major averages have climbed well off their lows of the session but remain in negative territory.Currently, the Nasdaq is down 201.76 points or 0.9 percent at 22,492.84 and the S&P 500 is down 31.32 points or 0.5 percent at 6,623.40. The narrower Dow is posting a more modest loss, down 65.95 points or 0.1 percent at 46,001.63.The initial pullback on Wall Street partly reflecte ...

Stocks fluctuated over the course of the trading session on Thursday before once again ending the day mostly higher. With the upward move, the major averages closed higher for the fifth straight session, reaching new record closing highs.The major averages all finished the day in positive territory. The Nasdaq climbed 88.89 points or 0.4 percent to 22,844.05, the Dow rose 78.62 points or 0.2 percent to 46,519.72 and the S&P 500 inched up 4.15 points or 0.1 percent to 6,715.35.The continued advance by the m ...

Market Overview - Major U.S. index futures indicate a higher open on Monday, with stocks expected to continue the upward trend from last Friday [1] - Nvidia (NVDA) shares rose by 1.0% in pre-market trading, while Oracle (ORCL) increased by 0.9% [2] - Electronic Arts (EA) shares surged by 5.4% after announcing an acquisition agreement valued at approximately $55 billion [2][3] Acquisition Details - EA stockholders will receive $210 per share in cash, representing a 25% premium over the unaffected share price of $168.32 [3] Economic Indicators - The Labor Department's monthly jobs report is anticipated to show an increase of 50,000 jobs in September, following a rise of 22,000 jobs in August [4] - The report could influence interest rate outlooks, with concerns about a potential U.S. government shutdown also affecting trader sentiment [4] Stock Performance - Major averages finished positively on Friday, with the Dow up by 299.97 points (0.7%) to 46,247.29, S&P 500 up by 38.98 points (0.6%) to 6,643.70, and Nasdaq up by 99.37 points (0.4%) to 22,484.07 [6] - Despite the gains, the Nasdaq fell by 0.7% for the week, while the S&P 500 and Dow dipped by 0.3% and 0.2%, respectively [6] Inflation Data - Consumer prices increased in line with expectations, with the PCE price index rising by 0.3% in August after a 0.2% increase in July [7][8] - The annual growth rate of the PCE price index rose to 2.7% in August from 2.6% in July, while the core PCE price index remained at 2.9% [8] Global Market Reactions - Asian stocks rose broadly, with China's Shanghai Composite Index increasing by 0.9% due to a 20.4% annual rise in industrial profits for August [13][14] - The Kospi in South Korea jumped by 1.3% on renewed hopes for a Federal Reserve interest rate cut [16] European Market Performance - European stocks showed mixed results amid concerns of a potential U.S. government shutdown [18] - The German DAX Index decreased by 0.1%, while the French CAC 40 and U.K.'s FTSE 100 increased by 0.3% and 0.4%, respectively [20]