Julie J. Robertson

October 17, 2026

Scotiabank initiates EOG coverage at Sector Perform. Scotiabank has started covering EOG Resources with a Sector Perform rating. This adds to a broader analyst view where the average price target is $164.41, which is above the current trading range. The stock is also seeing increased trading volume and technical signals suggesting a potential move, though the new coverage is neutral rather than bullish.

October 16, 2026

Seadrill Wins $420M Indonesia Contract and Rig Extensions. Seadrill announced a significant drilling contract in Indonesia worth approximately $420 million, with a firm duration of 880 days starting in the first half of 2027. The company also secured rig extensions in Malaysia, Angola, and the U.S. Gulf. These awards provide future revenue visibility for the offshore drilling firm.

October 10, 2026

PTEN reports September drilling activity, schedules Q3 earnings call. Patterson-UTI Energy released its September drilling activity figures, showing the company's operational performance for the month. The firm also announced a conference call and webcast for its third‑quarter earnings, giving investors a chance to hear the latest financial results. In a recent Wall Street note, PTEN was highlighted as one of the favored stocks, and it was mentioned among three oilfield‑service companies tied to increased spending on enhanced oil recovery. These developments may draw additional market attention to the company.