Deutsche Bank spotlights energy as forecasts point to a strong Atlantic hurricane season

Deutsche Bank spotlights energy as forecasts point to a strong Atlantic hurricane season on record. The financial institution says the gulf coast refineries and offshore rigs are at risk for disruptions. The gulf region accounts for 72% of the country's oil production and 48% of its refining capacity.

Noteworthy ETF Outflows: OIH

OIH September 6th Options Begin Trading

Should You Invest in the SPDR S&P Oil & Gas Equipment & Services ETF (XES)?

Weekly Report: what happened at OIH last week (0715-0719)?

Is SPDR S&P Oil & Gas Equipment & Services ETF (XES) a Strong ETF Right Now?

Halliburton's Q2 Revenue Miss Highlights Challenges In US Market, Despite International Gains

Halliburton Company reported second-quarter 2024 revenue of $5.833 billion, missing the consensus. The company's North America revenue fell 3% Q/Q to $2.5 billion. HAL's international revenue was up 3% in the second quarter. Company repurchased $250 million of its common stock during the quarter.

Weekly Report: what happened at OIH last week (0708-0712)?

Scratching For Data In Determining Crude's Future Prices

Weekly Report: what happened at OIH last week (0701-0705)?

Hedge funds pick up the pace buying commodity-sensitive stocks

Energy Hedge funds pick up the pace buying commodity-sensitive stocks. Goldman Sachs: Energy and Materials were among the most net bought sectors on the US Prime book this week. Hedge funds bought energy and materials stocks at the fastest pace in five months, Goldman Sachs says. The Materials long/short ration is well below the historical average.

DOJ Asks More Questions About Schlumberger-ChampionX Merger: Details

Schlumberger anticipates the acquisition of ChampionX to conclude in late 2024 or early 2025. The company's revenue growth in FY23 was 17.96%. Schlumberger's stock has experienced average annual growth of 14.42%. The company operates in the Energy sector. The macroeconomic environment could impact the company's performance in the next year.

Weekly Report: what happened at OIH last week (0624-0628)?

OIH: Momentum Lacking Amid A Tick Up In The P/E, Bearish Seasonality Ahead

Schlumberger Lands Electric Subsea Project With Equinor In Norway: Details

Schlumberger won a contract from Equinor for the Subsea Production Systems (SPS) project in offshore Norway. The contract is for the front-end engineering design of a 12-well, all-electric SPS project in the Fram Sør field.

The TMT sector leads the largest net selling in the U.S. on record this month - GS

Is Booming Demand For AI Stocks Creating A Bubble In The Tech Sector?

Is Booming Demand For AI Stocks Creating A Bubble In The Tech Sector? The rise of artificial intelligence has led to a boom in stocks related to data centers and chipmakers. Juliana Faircloth and Evan Chen make the bull and bear case on whether this surge in demand is creating a market bubble in the tech sector.

May 2025 Options Now Available For VanEck ETF Trust - Oil Services ETF (OIH)

OIH: ETF Inflow Alert

Weekly Report: what happened at OIH last week (0617-0621)?