Oil & Gas Equipment Most Active: Weatherford International (NYSE:WFT), Schlumberger Limited (NYSE:SLB), Baker Hughes Incorporated (NYSE:BHI), Halliburton Company (NYSE:HAL)

Posted by on Apr 22, 2014

Weatherford International Ltd (NYSE:WFT) an oilfield services company, said it plans to move its legal domicile to Ireland from Switzerland and remove its shares from trading on the Swiss stock exchange in Zurich. Weatherford International Ltd (NYSE:WFT) shares after opening at $18.25 moved to $18.49 on last trade day and at the end of the day closed at $18.25. Company price to sales ratio in past twelve months was calculated as 0.92 and price to cash ratio as 32.41. Weatherford International Ltd (NYSE:WFT) showed a positive weekly performance of 8.76%.

Schlumberger Limited (NYSE:SLB) reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.57 billion in the first quarter of 2013. Schlumberger Limited. (NYSE:SLB) shares advanced 1.89% in last trading session and ended the day on $101.80. SLB return on equity ratio is recorded as 21.30% and its return on assets is 12.40%. Schlumberger Limited. (NYSE:SLB) yearly performance is 47.90%.

Baker Hughes Incorporated (NYSE:BHI) issued a news release announcing its financial results for the quarter ending March 31, 2014. Baker Hughes Incorporated (NYSE:BHI) shares moved up 2.81% in last trading session and was closed at $70.25 while trading in range of $68.33 -$70.69 – Baker Hughes Incorporated (NYSE:BHI) year to date (YTD) performance is 27.47%.

Halliburton Company (NYSE:HAL) updated its second quarter earnings guidance on Monday. The company provided earnings per share (EPS) guidance of +25% to ~$0.91 for the period, compared to the Thomson Reuters consensus estimate of $0.91,Stock Ratings News reports. Halliburton Company (NYSE:HAL) weekly performance is 9.22%. On last trading day company shares ended up $62.92. Halliburton Company (NYSE:HAL) distance from 50-day simple moving average (SMA50) is 11.06%. Analysts mean target price for the company is $67.25.

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