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Current section United States Oil & Gas Drilling news

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Investors brace for Seadrill earnings as profit return looms By Investing.com

Investors are anticipating Seadrill's second-quarter earnings report, which is expected to show the offshore driller's first quarterly profit in over a year. Analysts project earnings of $0.30 per share on revenue of $387.8 million, driven by strong contract momentum and an improving offshore drilling …

SDRL main company
Sharemaestro market context Price below Trend Line 52 weeks +49.1% SDRL stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Seadrill Ltd (Hamilton) (SDRL) Earnings Forecast: Future EPS & Revenue Growth Estimates

This article provides an earnings forecast for Seadrill Ltd (Hamilton) (SDRL), highlighting its current earnings forecast score, average price target of $36.50, and a "Buy" analyst rating based on 11 analysts. It also includes anticipated future revenue, EPS, and a comparison with peer companies …

SDRL main company
Sharemaestro market context Price below Trend Line 52 weeks +49.1% SDRL stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Transocean Ltd. 2026: Revenue $966M, Net income $170M, EPS $0.04— 10-Q Summary

Transocean Ltd. reported its 2026 quarterly results, showing contract drilling revenues of $966 million and a net income of $170 million, a significant improvement from the prior-year's loss. Diluted EPS reached $0.04, up from ($1.06). The company highlighted increased revenue momentum due to higher …

RIG main company
Sharemaestro market context Price below Trend Line 52 weeks +78.3% RIG stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Valaris secures new Gulf of Mexico, North Sea rig work worth $160 million

Valaris has secured new contracts and extensions for its rig fleet totaling over $160 million, highlighting strong demand in offshore drilling for both exploration and decommissioning. These awards, alongside a $4.6 billion backlog and a pending merger with Transocean, underscore confidence in the offshore …

VAL main company
Sharemaestro market context Price below Trend Line 52 weeks +74.3% VAL stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Where Does Nabors Industries (NBR) Valuation Sit On Its Latest Earnings?

Nabors Industries (NBR) recently released earnings showing lower revenue but a smaller net loss, with the stock up 50% year-to-date. Despite recent gains, the company's valuation narrative suggests it is 23.4% undervalued, with a fair value estimated at $108.50 per share against a current …

NBR main company
Sharemaestro market context Trend signal ended 52 weeks +151.4% NBR stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Helmerich & Payne (HP) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended June 2026, Helmerich & Payne (HP) reported revenue of $1.03 billion, down 0.6% over the same period last year. EPS came in at -$0.11, compared to $0.22 in the year-ago quarter. The reported revenue represents a surprise of +4.7% over …

HP main company
Sharemaestro market context Price above Trend Line 52 weeks +114.6% · Next-week setup negative 43.0% HP stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Is Valaris (VAL) Losing Momentum After Its Strong Rally?

Antipodes Global Strategy's Q2 2026 investor letter highlighted Valaris Limited (VAL), an offshore contract drilling services provider. Despite a strong rally earlier in the year due to a proposed acquisition, the stock underperformed in Q2 as investors locked in gains amid pending regulatory approvals …

VAL main company
Sharemaestro market context Price below Trend Line 52 weeks +74.3% VAL stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Helmerich & Payne (NYSE:HP) Price Target Raised to $44.00

Susquehanna has raised its price target for Helmerich & Payne (NYSE:HP) to $44.00 from $40.00, maintaining a "positive" rating and implying an 18.7% upside. Despite this, the stock holds an overall "Hold" rating from analysts, with an average target price of $40.20. The company …

HP main company
Sharemaestro market context Price above Trend Line 52 weeks +114.6% · Next-week setup negative 43.0% HP stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Valaris Ltd (VAL) Technical Analysis: Support, Resistance, Indicators & Moving Averages

This article provides a technical analysis of Valaris Ltd (VAL), detailing its current price momentum score, support and resistance levels, and indicator readings. It shows that VAL is suitable for range-bound swing trading, with a neutral signal based on moving averages and other technical …

VAL main company
Sharemaestro market context Price below Trend Line 52 weeks +74.3% VAL stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Valaris Limited $VAL Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company reduced its stake in Valaris Limited (NYSE:VAL) by 22.4% in the first quarter, selling 13,443 shares and retaining 46,649 shares valued at approximately $4.6 million. Institutional investors now own 96.74% of the company. Despite beating Q2 earnings estimates with …

VAL main company
Sharemaestro market context Price below Trend Line 52 weeks +74.3% VAL stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Patterson-UTI Energy, Inc. $PTEN Position Raised by Quantinno Capital Management LP

Quantinno Capital Management LP significantly increased its stake in Patterson-UTI Energy (NASDAQ:PTEN) by 163.5% in the first quarter, now holding 503,916 shares valued at $5.46 million. Despite institutional investors owning 97.91% of the stock and multiple analyst "Buy" ratings with an average price target …

PTEN main company
Sharemaestro market context Trend signal active 52 weeks +92.3% PTEN stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Janus Henderson Group PLC Boosts Position in Valaris Limited $VAL

Janus Henderson Group PLC significantly increased its stake in Valaris Limited (NYSE:VAL) by 103.4% during the first quarter, now holding 55,868 shares valued at approximately $5.48 million. Other institutional investors have also adjusted their positions, with hedge funds and institutional investors collectively owning 96.74% …

VAL mentioned
Sharemaestro market context Price below Trend Line 52 weeks +74.3% VAL stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Nabors Rides Super-Hot Geothermal and Rig Recovery to Higher Earnings

Nabors Industries is experiencing increased earnings, driven by its involvement in the booming geothermal energy sector and a recovery in rig utilization. The company's specialized Pace-X Ultra X33 rig is currently operating in a South Texas gas field for Caturus Energy, showcasing its advanced …

NBR main company
Sharemaestro market context Trend signal ended 52 weeks +151.4% NBR stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Valaris Ltd 2026: Revenue $539.2M, EPS $0.72— 10-Q Summary

Valaris Ltd reported Q1 2026 results with revenue of $539.2M and diluted EPS of $0.72, showing a decrease from the prior-year quarter due to fleet activity, insurance, and yard work. Despite a year-over-year decline, quarter-over-quarter revenue increased by 17% driven by new drillship contracts. …

VAL main company
Sharemaestro market context Price below Trend Line 52 weeks +74.3% VAL stored weekly price path from 15 Aug 2025 to 7 Aug 2026

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Noble Corporation plc - NE

Pomerantz LLP is investigating potential claims on behalf of investors of Noble Corporation plc (NYSE: NE) following a significant drop in its stock price. This investigation comes after Noble reported its Q2 2026 financial results, which included a $43 million adverse impact from operational …

NE main company
Sharemaestro market context Price below Trend Line 52 weeks +59.9% · Next-week setup positive 55.6% NE stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Helmerich & Payne 2026: Revenue $986.88M, EPS $0.74— 10-Q Summary

Helmerich & Payne reported strong results for the quarter ended 2026, with revenue of $986.88M and diluted EPS of $0.74, a significant improvement from the prior year, largely due to contributions from international and offshore segments following a major acquisition. The company's consolidated nine-month …

HP main company
Sharemaestro market context Price above Trend Line 52 weeks +114.6% · Next-week setup negative 43.0% HP stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Arrowstreet Capital Limited Partnership Buys Shares of 15,393 Nabors Industries Ltd. $NBR

Arrowstreet Capital Limited Partnership has acquired 15,393 shares of Nabors Industries Ltd. (NYSE:NBR), valued at approximately $1.325 million, representing a 0.10% stake in the company. Institutional investors now own 81.92% of Nabors Industries. Despite a recent 5.8% drop in share price to $78.72 and …

NBR main company
Sharemaestro market context Trend signal ended 52 weeks +151.4% NBR stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Earnings call transcript: Transocean beats Q2 2026 forecasts as stock rises 4.3%

Transocean Ltd. exceeded Q2 2026 profit and revenue forecasts, driven by high rig utilization, contract extensions, and cost control. The offshore driller reported a 32% adjusted EBITDA margin and $212 million in free cash flow, leading to a 4.28% increase in its stock after …

RIG main company
Sharemaestro market context Price below Trend Line 52 weeks +78.3% RIG stored weekly price path from 15 Aug 2025 to 7 Aug 2026

FIL Limited (PDS) discloses 5.6% Precision Drilling holding via affiliated entities

FIL Limited and its affiliated entities have reported a 5.6% beneficial ownership stake in Precision Drilling Corp (PDS) as of June 30, 2026, through a passive Schedule 13G/A filing. This ownership amounts to 719,507 shares of common stock, with FIL Limited holding sole voting …

PDS main company
Sharemaestro market context Price below Trend Line 52 weeks +40.2% · Next-week setup positive 55.3% PDS stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Are Oils-Energy Stocks Lagging PattersonUTI Energy (PTEN) This Year?

Patterson-UTI Energy (PTEN) is outperforming the Oils-Energy sector and its industry peers this year, with its stock gaining 56.1% compared to the sector's 24% average. The company holds a Zacks Rank #2 (Buy) due to improving analyst sentiment and a positive earnings outlook. SunCoke …

PTEN main company
Sharemaestro market context Trend signal active 52 weeks +92.3% PTEN stored weekly price path from 15 Aug 2025 to 7 Aug 2026

A new drilling rig is expected in Australia's Beetaloo Basin in Q2 2027

Formentera Partners, Daly Waters Energy, and INPEX have contracted a Helmerich & Payne FlexRig for operations in Australia's Beetaloo Basin, expected to arrive in Q2 2027. This marks H&P's second rig in the Beetaloo Basin and third in Australia, securing critical drilling capacity through …

HP main company
Sharemaestro market context Price above Trend Line 52 weeks +114.6% · Next-week setup negative 43.0% HP stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Transocean Ltd. (NYSE:RIG) Given Consensus Recommendation of "Hold" by Analysts

Transocean Ltd. (NYSE:RIG) has received a "Hold" consensus rating from analysts, with an average 12-month price target of $6.82 against a recent opening price of $5.13. The company's Q2 results exceeded expectations with $966 million in revenue and $0.03 EPS, and it added $292 …

RIG main company
Sharemaestro market context Price below Trend Line 52 weeks +78.3% RIG stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Q2 2026 Nabors Industries Ltd Earnings Call Transcript

This article provides the transcript for Nabors Industries Ltd's Q2 2026 earnings call, held on July 29, 2026. The call begins with an introduction by William Conroy, Vice President of Investor Relations. The transcript includes the initial greeting and outlines the format for asking …

NBR main company
Sharemaestro market context Trend signal ended 52 weeks +151.4% NBR stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Analysts Offer Insights on Energy Companies: Precision Drilling (PDS) and Freehold Royalties (OtherFRHLF)

Analysts have provided new ratings for Precision Drilling (PDS) and Freehold Royalties (FRHLF) in the Energy sector. TD Cowen analyst Aaron Macneil maintained a Hold rating on Precision Drilling with a C$116.00 price target, while TipRanks – PerPlexity downgraded it to Hold. For Freehold …

PDS main company
Sharemaestro market context Price below Trend Line 52 weeks +40.2% · Next-week setup positive 55.3% PDS stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Analysts Have Conflicting Sentiments on These Energy Companies: Sunoco (SUN), Nabors Industries (NBR) and Williams Co (WMB)

This article examines analyst ratings for three energy companies: Sunoco (SUN), Nabors Industries (NBR), and Williams Co (WMB). Sunoco received a "Strong Buy" consensus with a potential 3.1% upside. Nabors Industries holds a "Hold" consensus with a 26.5% upside, while Williams Co also received …

NBR main company
Sharemaestro market context Trend signal ended 52 weeks +151.4% NBR stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Valaris lands new contracts as backlog reaches $4.6bn

Offshore driller Valaris has secured multiple new contracts and extensions for its rig fleet, increasing its backlog to $4.6 billion. Key agreements include an exploration program for the Valaris DS-18 drillship, significant plug and abandonment work for the Valaris 248 jackup, and a contract …

VAL main company
Sharemaestro market context Price below Trend Line 52 weeks +74.3% VAL stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Dimensional Fund Advisors LP Raises Stake in Precision Drilling Corporation $PDS

Dimensional Fund Advisors LP significantly increased its stake in Precision Drilling Corporation (NYSE:PDS) by 37.0% in the first quarter, now owning 288,013 shares worth $28.34 million. Institutional investors collectively hold 48.86% of the company's stock. Analyst sentiment is a "Moderate Buy" with an average …

PDS main company
Sharemaestro market context Price below Trend Line 52 weeks +40.2% · Next-week setup positive 55.3% PDS stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Press Release: Helmerich & Payne, Inc. Announces Fiscal Third Quarter Results

Helmerich & Payne, Inc. announced its fiscal third quarter results. The company reported its financial performance for the period, detailing key metrics and operational highlights. This release provides stakeholders with an update on the company's financial health and strategic direction.

HP main company
Sharemaestro market context Price above Trend Line 52 weeks +114.6% · Next-week setup negative 43.0% HP stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Valaris Limited (VAL) Tops Q2 Earnings and Revenue Estimates

Valaris Limited (VAL) reported strong Q2 2026 earnings of $0.72 per share, significantly beating the Zacks Consensus Estimate of $0.46, and revenues of $539.2 million, surpassing estimates by 7.84%. Despite this outperformance and a 55% year-to-date stock increase, the company currently holds a Zacks …

VAL main company
Sharemaestro market context Price below Trend Line 52 weeks +74.3% VAL stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Helmerich & Payne (HP) Reports Q3 Loss, Beats Revenue Estimates

Helmerich & Payne (HP) reported a Q3 loss of $0.11 per share, which was in line with the Zacks Consensus Estimate, but marked a significant drop from the $0.22 earnings per share a year ago. The company, an oil and gas well-drilling contractor, exceeded …

HP main company
Sharemaestro market context Price above Trend Line 52 weeks +114.6% · Next-week setup negative 43.0% HP stored weekly price path from 15 Aug 2025 to 7 Aug 2026

Valaris gives an update on its offshore drilling rig fleet

Valaris Limited (NYSE: VAL) issued a Fleet Status Report detailing the current status and contract information for its offshore drilling rig fleet. The report, available on the company's investor relations website, provides transparency on Valaris's operations as a leading offshore drilling services provider.

VAL main company
Sharemaestro market context Price below Trend Line 52 weeks +74.3% VAL stored weekly price path from 15 Aug 2025 to 7 Aug 2026

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