Sept 3 Schlumberger NV's newly-appointed
Chief Executive Officer Olivier Le Peuch on Wednesday outlined
his vision for the world's largest oilfield services company,
vowing to exit unprofitable businesses, restructure some units
and focus on returns.
Devon Energy Corp raised its full-year oil output forecast and beat estimates for quarterly profit on Tuesday, as the U.S. oil and gas producer drilled more in Delaware basin and sold it at higher prices while keeping a tight lid on expenses.
Pesticide and insecticide maker Corteva Inc's quarterly profit beat estimates as volumes and prices in its international markets rose more than expected, sending its shares up more than 8%.
Industrial materials maker DuPont raised its full-year profit forecast on Thursday as it plans to cut costs to combat the impact of slowing demand in the electronic and automotive sectors due to the U.S.-China trade war.
General Electric Co's oilfield services arm, Baker Hughes, beat quarterly profit estimates on Wednesday, driven by higher LNG drilling and demand for its oilfield services in international markets, sending its shares up nearly 6%.
Dow Inc forecast current-quarter revenue below analysts' expectations on Thursday and cut 2019 spending as chemical companies grapple with U.S.-China trade dispute and an oversupply of chemicals used to make plastics.
Halliburton Co on Monday reported a second-quarter profit that beat analysts' estimates as its largest oil-well services unit exceeded expectations, sending shares to their biggest one-day gain in nearly three years.
Oilfield firm Schlumberger NV on Friday named Chief Operating Officer Olivier Le Peuch as chief executive as the company looks to shore up its world-leading position in oil and gas technology services.