Deep Isolation Nuclear Appoints Drilling Veteran Jon Tedrick to Lead World’s First Full-scale Deep Borehole Disposal Demonstration

Deep Isolation Nuclear appointed Jon Tedrick as Technology Demonstration Lead to oversee field execution of its deep borehole disposal demonstration project in Cameron, Texas. The company received up to $20 million in funding from the U.S. Department of Energy's ARPA-E SCALEUP Ready program to support testing and demonstration activities for its nuclear waste disposal technology.

06/17/2026, 6:00 AM • GlobeNewswire

SLB’s Tough Quarter Masks a Powerful Long-Term Shift

Schlumberger (SLB) reported a difficult Q1 2026 with declining organic revenue, compressed margins, and lower earnings due to Middle East disruptions. However, the company's digital business grew 9% YOY to $640M quarterly revenue, expanded its NVIDIA partnership for AI industrialization, and continued shareholder returns with $451M in buybacks. Despite near-term headwinds, SLB's pivot toward high-margin software and subscription-based services positions it as a compelling long-term opportunity for patient investors.

05/08/2026, 10:22 AM • Investing

What's Going On With Equinor Stock Monday?

Equinor (EQNR) shares rose 2.29% in premarket trading on Monday, supported by strength in the energy sector. The company extended key drilling and well service contracts valued at approximately $1.4 billion to maintain stable production through 2035. The stock is trading near the upper end of its 52-week range with positive technical indicators, though it carries a Hold rating with a $37.00 average price target. Earnings are scheduled for May 6, 2026.

05/04/2026, 7:03 AM • Benzinga

Arctic Oil Rush: Greenland Energy Targets 13 Billion Barrels In High-Stakes Basin Play

Greenland Energy (NASDAQ:GLND) shares rose 1.19% in premarket trading Thursday following the company's announcement of advancing its Arctic exploration strategy. The company is targeting Greenland's Jameson Land Basin with plans to drill two wells in 2026, aiming for up to 70% working interest in a project estimated to hold 13 billion barrels of oil. The initiative is driven by renewed global focus on energy security and reducing reliance on overseas energy supplies.

04/30/2026, 9:06 AM • Benzinga

The Pentagon Says It Could Take 6 Months to Clear Mines From the Strait of Hormuz. Here Are 2 Predictions for Oil Stocks Through the End of 2026.

The U.S. Navy could take six months to clear sea mines from the Strait of Hormuz, meaning oil prices will likely remain elevated through the end of 2026 even if a peace deal is reached soon. This extended closure will boost oil company profitability and drive increased drilling activity in North America, benefiting both major oil producers and oilfield services companies.

04/23/2026, 2:05 PM • The Motley Fool

Halliburton Says North America Is Recovering, Middle East Risk Manageable

Halliburton reported Q1 2026 results beating expectations with adjusted EPS of 55 cents and revenue of $5.40 billion. The company signaled early recovery in North America with improving frac capacity and spot demand, while managing Middle East disruptions. Goldman Sachs raised its price target to $44, implying 20% upside, citing strong EBITDA performance and free cash flow generation.

04/21/2026, 1:34 PM • Benzinga

Will S&P 500 Open Up Or Down On April 21?

The S&P 500 fell 0.24% on Monday to 7,109.14 due to escalating U.S.-Iran tensions, including a seized Iranian cargo ship and expired ceasefire. Oil prices jumped over 5% on supply concerns. However, S&P 500 futures rose 0.18% early Tuesday, with Polymarket showing 68% odds of an up opening. Key earnings and retail sales data are expected Tuesday.

04/21/2026, 5:01 AM • Benzinga

Iran Declares Strait Of Hormuz Open To All Vessels: Crude Plunges 14%, Airlines And Cruise Stocks Soar

Iran's Foreign Minister announced the Strait of Hormuz is fully open to all commercial vessels during the ceasefire, causing crude oil to plunge 14% to $81/barrel. Airlines and cruise lines surged as fuel costs declined, while energy and chemical companies fell sharply. The S&P 500 reached record highs with the Nasdaq 100 on its 13th consecutive gaining session.

04/17/2026, 9:56 AM • Benzinga

Fracking Halliburton and the Big Bet South of the Border

Amid Middle East geopolitical tensions affecting global oil supply, Halliburton is strategically positioning itself in Argentina's Vaca Muerta shale formation through a multi-billion dollar contract with YPF. The partnership leverages Halliburton's next-generation ZEUS electric fracturing technology, offering reduced operational costs and environmental benefits. With stock gains exceeding 30% in 2026 and analyst price targets reaching $45, the company appears well-positioned to capitalize on energy sector growth while mitigating geopolitical risks.

04/16/2026, 5:15 PM • Investing

Valaris Just Scored $447 Million Petrobras Backlog Boost

Valaris secured a 1,064-day contract extension with Petrobras for the drillship DS-4, adding approximately $447 million to its contract backlog starting November 2027. The company also partnered with PETRONAS Suriname and Halliburton to develop offshore assets in Suriname. Despite these positive developments, Valaris shares declined 1.38% to $96.69 at publication.

04/06/2026, 1:25 PM • Benzinga

Halliburton Buys Sekal To Turbocharge Drilling Automation

Halliburton announced the acquisition of Sekal AS, a digital drilling automation firm owned by Sumitomo Corporation, to expand its automation capabilities and integrate drilling technologies. The deal aims to reduce well delivery times by up to 25%. Despite the strategic acquisition, Halliburton shares fell 2.06% on Wednesday, though the stock maintains bullish technical momentum with a Buy rating and average price target of $36.13.

04/01/2026, 11:19 AM • Benzinga

Halliburton Sets New Benchmark For Automated Well Construction

Halliburton announced the industry's first fully automated geological well placement offshore in Guyana in collaboration with Exxon Mobil, Sekal, and Noble. The closed-loop drilling system achieved a 15% improvement in completion time and 33% reduction in tripping operations. The stock outperformed its sector, gaining 1.86% versus the Energy sector's 0.28%, though the broader Energy sector remains the worst-performing sector overall.

03/16/2026, 11:22 AM • Benzinga

Oil and Gas Wells Drilling Services Industry Report 2026-2035: A $61.38 Billion Market by 2030 with Saudi Arabian Oil Company, Exxon Mobil Corporation, and China National Petroleum Leading

The global oil and gas wells drilling services market is projected to grow from $53.42 billion in 2026 to $61.38 billion by 2030, with a CAGR of 3.5%. Growth is driven by unconventional resource development, offshore expansion, and technological advancements including directional drilling and automation. Major players are investing in innovations like advanced diagnostics and wellbore placement solutions to enhance operational efficiency.

03/09/2026, 11:00 AM • GlobeNewswire

Exxon Mobil Jumps as Oil Shock Rewrites Near-Term Cash Flow Math

Exxon Mobil and energy stocks surged on March 2, 2026, as escalating U.S.-Iran military conflict near the Strait of Hormuz sent crude oil prices sharply higher. Brent crude jumped 13% to $82.37/barrel and WTI climbed over 12% to $75.33, with analysts warning prices could reach $100+ if disruptions persist. Exxon rose 5.9% in premarket trading, benefiting from its low-cost upstream operations in the Permian Basin and Guyana, while the broader S&P 500 fell 1-1.5% as energy stocks served as a geopolitical hedge.

03/02/2026, 8:53 AM • Investing

Halliburton Lands Major Indonesia Deal To Revive Aging Oil Fields

Halliburton announced a memorandum of understanding with Indonesia's PT Pertamina to deploy advanced well construction and stimulation technologies to revitalize mature oil fields. The partnership aims to increase Indonesia's energy supply through unconventional completions. Halliburton recently reported strong Q4 earnings with adjusted EPS of 69 cents exceeding analyst expectations of 55 cents, and analysts raised price targets. HAL shares were down 0.60% in premarket trading at $34.90, near its 52-week high.

02/23/2026, 5:05 AM • Benzinga