MarketPulse

oilfield services

10 articles
Investing.comInvesting.com··Peter Frank

SLB's Digital Pivot Shines Amid Q1 Slump as AI Strategy Bears Fruit

Schlumberger reports Q1 challenges from Middle East disruptions, but digital business grew 9% YoY to $640M with expanded NVIDIA AI partnership positioning long-term transformation.
NVDABKRHALSLBsubscription revenuedigital transformation
The Motley FoolThe Motley Fool··Matt Dilallo

Pentagon's 6-Month Mine-Clearing Timeline Could Sustain Oil Rally Into 2026

Pentagon estimates six-month Strait of Hormuz mine-clearing, sustaining elevated oil prices through 2026 and benefiting energy producers and oilfield services firms.
XOMHALUBSoil pricesStrait of Hormuz
The Motley FoolThe Motley Fool··Motley Fool Transcribing

Innospec Posts Mixed Q4 Results as Oilfield Services Stumble

Innospec's Performance Chemicals surged 23%, but Oilfield Services plummeted 40%. Adjusted net income hit $46.3M despite $155.6M pension charge.
IOSPmargin improvementcash position
The Motley FoolThe Motley Fool··Motley Fool Transcribing

RPC Pivots to Higher-Margin Services as Q3 Revenue Climbs 6% Sequentially

RPC reports Q3 2025 revenue of $447.1 million, up 6% sequentially, strategically shifting toward higher-margin downhole tools and wireline services while de-emphasizing pressure pumping.
REScapital allocationfree cash flow
BenzingaBenzinga··Akanksha Bakshi

Baker Hughes Divests Waygate Technologies for $1.45B to Streamline Portfolio

Baker Hughes sells Waygate Technologies to Hexagon for $1.45B in cash, aiming to streamline portfolio and strengthen balance sheet. $BKR shares rise 1.61%.
BKRHXGBYFENYXESdivestiturebalance sheet strengthening
Investing.comInvesting.com··Thomas Shipp

Energy Investors Need Surgical Precision: Subsector Selection Trumps Broad Exposure

Energy sector investing demands selective subsector exposure rather than broad bets. Refiners outperformed while E&P lagged as oil dynamics shifted post-Iran tensions.
CRAKSSOFAMcapital expendituresmidstream
The Motley FoolThe Motley Fool··Rich Smith

SLB Surges on Citigroup Upgrade as Analysts Spot Long-Term Repair Opportunity

Schlumberger stock jumped 5.63% after Citigroup initiated a buy rating, citing potential infrastructure repair work from Middle East conflicts and attractive valuation.
XOMOXYOXY.WSSHELSLBearnings guidancefree cash flow
The Motley FoolThe Motley Fool··Eric Volkman

NESR Surges on $300M Cementing Contracts Across Kuwait and North Africa

NESR stock surged 8% after securing $300M in cementing contracts across Kuwait and North Africa, signaling geographic expansion beyond its core Gulf operations.
NESRstock surgeoilfield services
BenzingaBenzinga··Prnewswire

China Oilfield Services Firm RCON Doubles Revenue on Overseas Expansion

Recon Technology reports 102% revenue growth to $12.2M in H1 FY2026, driven by international projects and domestic recovery. Net losses narrow significantly.
RCONrevenue growthcircular economy
BenzingaBenzinga··Prnewswire

RENI Completes Acquisition Due Diligence; Targets Profitable Oilfield Services Platform

RENI completes acquisition due diligence on profitable oilfield services platform with 25 Fortune 500 contracts, saltwater disposal wells, and 30-truck fleet.
RENIacquisitionenergy sector