Oil & Gas Stocks to Track (CHK, WFT, SLB, HAL)
Chesapeake Energy Corporation (NYSE:CHK) fell 3.18% to $23.11. Earlier this week, the company said it will sell a one-third interest in its oil-and-gas acreage in the Eagle Ford shale project to Cnooc Ltd. for $1.08 billion, and Cnooc will fund 75% of Chesapeake’s drilling costs up to an additional $1.08 billion.
Chesapeake Energy Corporation is a producer of natural gas in the United States.
Weatherford International Ltd. (NYSE:WFT) gained 1.22% to $18.21. Weatherford International Ltd. is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. It conducts operations in approximately 100 countries and has service and sales locations in the oil and natural gas producing regions in the world.
The stock opened at $18.16 and has a 52-week range of $12.34-$20.90. In the past one month of trading sessions, the stock went up more than 11%.
Schlumberger Limited. (NYSE:SLB) went up 1.40% to $63.54. Schlumberger Limited is a supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry. The Company operates in two business segments: Schlumberger Oilfield Services and WesternGeco.
Over the past one month of trading sessions, the stock went up more than 5%.
Halliburton Company (NYSE:HAL) rose 1.03% to $35.20. Halliburton Company provides a variety of services and products to customers in the energy industry related to the exploration, development, and production of oil and natural gas.
Over the past 52-week, the stock had traded within the range of $21.10-$35.35. At current market price, the market capitalization of the company stood at $31.94 billion. The stock created its fresh 52-week high of $35.35.
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