Options Bulls Betting on U.S. Energy Rebound
Some U.S. equity options traders are betting that the recent rebound in the price of crude oil spells good news for the battered energy sector. The S&P energy index is still down about 9.9 percent this year…
Gains from Higher Rig Count Limited for Halliburton, Schlumberger
An increase in rigs being put back to work in U.S. shale fields is largely being driven by smaller oil companies drilling less-complex wells that don't need costly, high…
Superior Energy Scraps Dividend, Cuts c-Suite Pay
Executives' base salaries cut 15 pct. Oilfield services provider Superior Energy Services Inc scrapped its quarterly dividend and cut the base salaries of its executives…
