Wall Street expects a year-over-year decline in earnings on lower revenues when Schlumberger (SLB) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 18, might help the stock move higher if these key numbers are better than expectations. O ...

HOUSTON, July 9, 2025 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLX" or the "Company") (NASDAQ: KLXE) announced today that it will report its 2025 second quarter financial results prior to the Company's live conference call, which can be accessed via dial-in or webcast, on Thursday, August 7, 2025 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).      What: KLX Energy Services 2025 Second Quarter Conference Call      When: Thursday, August 7, 2025 at 10:00 a.m. Eastern Time / 9:00 a ...

Core Viewpoint - RPC, Inc. is set to release its financial results for the second quarter of 2025 on July 24, 2025, before market opening, followed by a conference call to discuss these results [1]. Group 1: Financial Results Announcement - RPC, Inc. will announce its second-quarter financial results for the period ending June 30, 2025, on July 24, 2025 [1]. - The company will host a conference call at 9:00 a.m. Eastern Time on the same day to review its financial and operating results [1]. Group 2: Conference Call Participation - Individuals can participate in the conference call by dialing toll-free (888) 440-5966 or (646) 960-0125 for international callers, using conference ID number 9842359 [2]. - The call will also be broadcast and archived for 90 days on the company's investor website for those unable to join by telephone [2]. Group 3: Company Overview - RPC provides a wide range of specialized oilfield services and equipment primarily to independent and major oilfield companies involved in oil and gas exploration, production, and development across the United States and selected international markets [3].

Key Takeaways COP confirmed the Slagugle discovery in PL 891 with its second appraisal well, 6507/5-12S. The well hit multiple oil columns in an interval of 188 meters with strong flow rates. Slagugle may hold up to 61.6M barrels; further data analysis will determine development plans.ConocoPhillips (COP) , a global exploration and production firm, has confirmed the Slagugle oil discovery in the Norwegian Sea. The company had drilled a second appraisal well, 6507/5-12 S, in production license (PL) 891, op ...

Core Insights - Equinor ASA has received approval from the Norwegian Offshore Directorate to drill a wildcat well in the Barents Sea, specifically wellbore 7117/4-1, which is part of Production License 1238 [1][7] - The company holds a 40% working interest in the license, with partners Vår Energi, Petoro, and Aker BP each holding a 20% interest [1][7] - The drilling will be conducted using the COSL Prospector rig, which is capable of operating in harsh environments and can drill at water depths of up to 1500 meters and a maximum depth of 7,500 meters [2] Company Rankings and Comparisons - Equinor currently holds a Zacks Rank of 3 (Hold) [3] - Other energy sector companies with better rankings include Flotek Industries (Zacks Rank 1), Oceaneering International, and RPC, both with Zacks Rank 2 [3] - Flotek Industries focuses on green chemistry solutions to reduce environmental impact and operational costs for energy producers [4] - Oceaneering International provides integrated technology solutions across the offshore oilfield lifecycle, supporting revenue growth through innovative solutions [5] - RPC offers a diverse range of oilfield services and is committed to returning value to shareholders through dividends and share buybacks [6]

Key Takeaways BKR will manage plug and abandonment services for Equinor's offshore wells at the Oseberg East field. The multi-year framework agreement began in March 2025 and covers several North Sea wells. BKR will open a Center of Excellence in Bergen and Stavanger to streamline operations.Baker Hughes Company (BKR) , a leading energy technology company, has announced that it will provide plug and abandonment (P&A) services to Equinor ASA (EQNR) at the Oseberg East field. The assignment is part of a mul ...

Shell plc (SHEL) , the British oil and gas giant, has entered into an agreement with TotalEnergies SE (TTE) , the French energy major, for the purchase of the latter’s non-operating interest in the Bonga field in Nigeria. The Bonga field is located within the OLM118 production sharing contract (PSC) offshore Nigeria, around 120 kilometers to the south of the Niger Delta.OLM118 Production Sharing ContractShell Nigeria Exploration and Production Company (“SNEPCo”), a subsidiary of the British energy giant, ha ...

Group 1: Company Insights - Ecopetrol S.A. (EC), Expand Energy Corporation (EXE), and RPC, Inc. (RES) currently hold a Zacks Rank 2 (Buy) indicating positive market sentiment towards these companies [1] - Diversified Energy Company operates as an independent oil and natural gas producer in the U.S., focusing on the production, transportation, and marketing of natural gas and natural gas liquids, benefiting from rising demand for cleaner-burning fuels and increasing commodity prices [2] - Expand Energy, formed from the merger of Chesapeake Energy Corporation and Southwestern Energy Company, is positioned to benefit from the growing demand for natural gas in the energy transition, with recent price increases expected to enhance profitability [3] - RPC generates stable revenues through a variety of oilfield services, including pressure pumping and rental tools, and is committed to returning value to shareholders via consistent dividends and share buybacks, making it appealing for investors seeking steady returns [4] Group 2: Industry Trends - The demand for natural gas is rising as it is recognized as a cleaner-burning fuel, which is expected to positively impact the financial performance of companies involved in its production and marketing [2][3] - The energy transition is increasingly highlighting the role of natural gas, suggesting a favorable market environment for companies like Expand Energy that are focused on this sector [3]

Equinor ASA (EQNR) , a Norwegian integrated energy company, has drilled two wells, namely 32/7-1 and 32/4-4, in the North Sea. The appraisal wells are located approximately 20 kilometers to the east of the Troll platform. Equinor Low Carbon Solutions, a division of Equinor, mentioned that the drilling results show signs that the reservoir is well-suited for injecting and storing carbon dioxide (CO2).Equinor used the DeepSea Stavanger drilling rig to conduct drilling operations. DeepSea Stavanger, part of Od ...

Group 1 - Eni S.p.A is exploring the sale of a 20% stake in its renewable and retail business Plenitude, engaging in exclusive discussions with Ares Alternative Credit Management [1][2] - The equity value of Plenitude is estimated between 9.8 billion and 10.2 billion euros, with potential to exceed 12 billion euros when considering debt [2] - The sale aligns with Eni's satellite strategy, aimed at developing low-carbon businesses and attracting external investments [3][5] Group 2 - Eni's strategy includes selling small stakes in its business units to support capital expenditures for low-carbon initiatives while retaining investment capacity in upstream projects [3][4] - The interest from Ares highlights the attractiveness of Eni's business model and its growth prospects [4] - Eni has previously executed similar transactions, including a stake sale in Plenitude to Energy Infrastructure Partners and a 30% interest in its biofuel unit Enilive to KKR [5]