There are a lot of companies that may not be attractive in the oil industry right now, but National Oilwell Varco, Total, and Helmerich & Payne are.
Both stocks look pretty cheap today, but you're probably better off with Helmerich & Payne as a future investment.
Don’t count on it.
Offshore oil driller could be a wild ride as market conditions slowly improve.
Sliding crude prices caused double-digit losses in ENSCO, Ocean Rig, EP Energy, Tidewater, and Nabors Industries.
A few preliminary market signals suggest that Nabors Industries Ltd., Helmerich & Payne Inc., Patterson-UTI Energy Inc., and Precision Drilling Corporation will be seeing some more business, but it won't be tomorrow.
Another lesson in why your view of a company may not be the same as Wall Street's widespread panic.
Schlumberger thinks so.
The future for the offshore drilling rig providers looks very bleak now that shale has arrived on the scene as a much better option for oil and gas producers.
The offshore driller is riding the crude oil wave higher on Friday.