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Schlumberger LTD (SLB) Stock Value Rose While Summit Financial Wealth Advisors Raised Its Stake; Energen (EGN) Share Value Rose While Lombard Odier Asset Management Usa Has Increased Holding

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Lombard Odier Asset Management Usa Corp increased its stake in Energen Corp (EGN) by 104.22% based on its latest 2018Q1 regulatory filing with the SEC. Lombard Odier Asset Management Usa Corp bought 117,737 shares as the company’s stock rose 15.05% while stock markets declined. The institutional investor held 230,707 shares of the oil & gas production company at the end of 2018Q1, valued at $14.50 million, up from 112,970 at the end of the previous reported quarter. Lombard Odier Asset Management Usa Corp who had been investing in Energen Corp for a number of months, seems to be bullish on the $6.25 billion market cap company. The stock increased 0.72% or $0.46 during the last trading session, reaching $64.19. About 525,064 shares traded. Energen Corporation (NYSE:EGN) has risen 18.98% since June 19, 2017 and is uptrending. It has outperformed by 6.41% the S&P500. Some Historical EGN News: 07/03/2018 – Energen Settles With Activist Corvex, Will Launch Review; 07/03/2018 – ENERGEN TO ‘PROMPTLY’ REVIEW OPTIONS; 07/03/2018 – Energen adds Corvex nominees to board; 21/05/2018 – Icahn May Beneficially Own About 4.1% of Energen; 21/05/2018 – Icahn, Corvex Show Interest in Buying Energen; 08/05/2018 – Energen’s profit more than triples on higher oil prices; 08/03/2018 – Corvex Management Reports 9.9% Stake in Energen Corp; 07/03/2018 – ENERGEN – TO CONDUCT IN-DEPTH REVIEW OF BUSINESS PLAN, COMPETITIVE POSITIONING, & POTENTIAL STRATEGIC ALTERNATIVES; 08/05/2018 – ENERGEN CORP EGN.N : RBC RAISES TARGET PRICE TO $66 FROM $60; 21/05/2018 – Together Icahn and Meister now have a 9.9% stake in $EGN

Summit Financial Wealth Advisors Llc increased its stake in Schlumberger Ltd (SLB) by 527.92% based on its latest 2018Q1 regulatory filing with the SEC. Summit Financial Wealth Advisors Llc bought 47,397 shares as the company’s stock rose 2.80% while stock markets declined. The institutional investor held 56,375 shares of the oilfield services and equipment company at the end of 2018Q1, valued at $3.65 million, up from 8,978 at the end of the previous reported quarter. Summit Financial Wealth Advisors Llc who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $90.90 billion market cap company. The stock decreased 2.11% or $1.42 during the last trading session, reaching $65.62. About 8.26M shares traded or 15.31% up from the average. Schlumberger Limited (NYSE:SLB) has declined 1.14% since June 19, 2017 and is downtrending. It has underperformed by 13.71% the S&P500. Some Historical SLB News: 20/04/2018 – Schlumberger 1Q North America Revenue $2.84B; 20/04/2018 – SCHLUMBERGER NV SLB.N SAYS HIGH END PRODUCTS AND SERVICES WILL BECOME ATTRACTIVE IN COMING QUARTERS – CONF CALL; 21/05/2018 – Energy Voice: Exclusive: Bonuses slashed at Schlumberger as `pricing pressure’ continues – #OOTT

Since January 22, 2018, it had 3 insider buys, and 3 insider sales for $6.93 million activity. $646,800 worth of Schlumberger Limited (NYSE:SLB) was bought by KIBSGAARD PAAL on Monday, March 26. Another trade for 3,000 shares valued at $218,049 was sold by Jaramillo Claudia. The insider Guild Howard sold $1.96M. Al Mogharbel Khaled also bought $192,900 worth of Schlumberger Limited (NYSE:SLB) shares. 75,000 shares valued at $5.91 million were sold by AYAT SIMON on Wednesday, January 24.

More notable recent Schlumberger Limited (NYSE:SLB) news were published by: Benzinga.com which released: “Earnings Outlook For Schlumberger” on June 19, 2018, also Benzinga.com with their article: “A Look Back At What’s Happened To Each Sector Through The First Half Of 2018 (Part 2)” published on June 19, 2018, Bizjournals.com published: “Frank’s International names new general counsel, other executives” on June 18, 2018. More interesting news about Schlumberger Limited (NYSE:SLB) were released by: Forbes.com and their article: “Why Schlumberger’s Stock Continues To Underperform” published on May 29, 2018 as well as Finance.Yahoo.com‘s news article titled: “Should Income Investors Buy Schlumberger Limited (NYSE:SLB) Before Its Ex-Dividend?” with publication date: June 02, 2018.

Summit Financial Wealth Advisors Llc, which manages about $360.13 million and $134.32 million US Long portfolio, decreased its stake in Deutsche Mun Income (NYSE:KTF) by 39,634 shares to 49,250 shares, valued at $552,000 in 2018Q1, according to the filing. It also reduced its holding in Altria Group Inc (NYSE:MO) by 11,542 shares in the quarter, leaving it with 7,245 shares, and cut its stake in Waste Mgmt Inc Del (NYSE:WM).

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 150 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray with “Buy” on Thursday, July 20. BMO Capital Markets maintained the shares of SLB in report on Monday, January 15 with “Hold” rating. The rating was downgraded by Societe Generale on Thursday, April 28 to “Hold”. Citigroup maintained it with “Buy” rating and $89 target in Wednesday, October 5 report. The stock of Schlumberger Limited (NYSE:SLB) has “Buy” rating given on Friday, September 29 by Jefferies. On Monday, January 22 the stock rating was maintained by Seaport Global with “Buy”. The firm has “Buy” rating given on Thursday, March 15 by Cowen & Co. Credit Suisse maintained it with “Buy” rating and $7800 target in Monday, July 24 report. Citigroup maintained Schlumberger Limited (NYSE:SLB) rating on Monday, October 5. Citigroup has “Buy” rating and $81 target. Cowen & Co maintained Schlumberger Limited (NYSE:SLB) rating on Friday, October 6. Cowen & Co has “Buy” rating and $80.0 target.

Investors sentiment increased to 1.2 in 2018 Q1. Its up 0.54, from 0.66 in 2017Q4. It is positive, as 60 investors sold SLB shares while 488 reduced holdings. 111 funds opened positions while 548 raised stakes. 1.04 billion shares or 1.22% less from 1.05 billion shares in 2017Q4 were reported. Moreover, Creative Planning has 0.02% invested in Schlumberger Limited (NYSE:SLB) for 75,199 shares. Gamco Invsts Et Al invested in 36,049 shares. Sva Plumb Wealth Management Limited Liability Com reported 0.48% of its portfolio in Schlumberger Limited (NYSE:SLB). Talara Cap Management Ltd stated it has 53,675 shares. Retirement System Of Alabama owns 0.38% invested in Schlumberger Limited (NYSE:SLB) for 1.18M shares. Citigroup has invested 0.12% in Schlumberger Limited (NYSE:SLB). Boston stated it has 0.01% in Schlumberger Limited (NYSE:SLB). Arosa Capital Lp holds 471,022 shares. Impax Asset Mngmt Ltd Liability Company holds 0.72% or 192,777 shares. Pioneer Trust Bancorp N A Or accumulated 56,449 shares. Nichols Pratt Advisers Llp Ma holds 245,224 shares. Riverbridge Partners invested 0.04% of its portfolio in Schlumberger Limited (NYSE:SLB). Moreover, Murphy Pohlad Asset Mngmt Ltd Limited Liability Company has 1.29% invested in Schlumberger Limited (NYSE:SLB) for 28,850 shares. New Mexico Educational Retirement Board owns 132,001 shares or 0.33% of their US portfolio. Steinberg Asset Management Limited Liability owns 13,950 shares.

Investors sentiment increased to 1.24 in 2018 Q1. Its up 0.28, from 0.96 in 2017Q4. It improved, as 25 investors sold EGN shares while 87 reduced holdings. 60 funds opened positions while 79 raised stakes. 84.42 million shares or 2.30% less from 86.41 million shares in 2017Q4 were reported. Morgan Stanley reported 337,551 shares stake. State Street Corporation holds 3.20M shares or 0.02% of its portfolio. Quantum Capital has 75,289 shares. Warren Averett Asset Mgmt Llc stated it has 0.22% in Energen Corporation (NYSE:EGN). Cutter Com Brokerage holds 1.15% of its portfolio in Energen Corporation (NYSE:EGN) for 46,165 shares. New Mexico Educational Retirement Board invested 0.06% in Energen Corporation (NYSE:EGN). Advantus Mgmt reported 0.02% in Energen Corporation (NYSE:EGN). Employees Retirement System Of Ohio has invested 0.01% of its portfolio in Energen Corporation (NYSE:EGN). Legal & General Gp Plc holds 0.01% or 127,410 shares. State Treasurer State Of Michigan reported 0.02% stake. Van Eck Associate, New York-based fund reported 14,878 shares. Washington Tru Fincl Bank owns 0% invested in Energen Corporation (NYSE:EGN) for 45 shares. 3.07 million are owned by Victory Cap Management Inc. Signaturefd Ltd Com has 208 shares. Swiss Bankshares holds 169,300 shares or 0.01% of its portfolio.

Lombard Odier Asset Management Usa Corp, which manages about $3.79 billion and $1.39B US Long portfolio, decreased its stake in Whirlpool Corp (Call) (NYSE:WHR) by 12,800 shares to 7,700 shares, valued at $1.18M in 2018Q1, according to the filing. It also reduced its holding in Amazon Com Inc (NASDAQ:AMZN) by 2,000 shares in the quarter, leaving it with 13,000 shares, and cut its stake in Electronic Arts Inc (NASDAQ:EA).

Since March 9, 2018, it had 1 buying transaction, and 3 insider sales for $140,273 activity. On Friday, March 9 COHEN JONATHAN Z bought $1.00M worth of Energen Corporation (NYSE:EGN) or 17,500 shares. On Monday, March 26 MCMANUS J T sold $180,907 worth of Energen Corporation (NYSE:EGN) or 3,116 shares.

Among 39 analysts covering Energen Corporation (NYSE:EGN), 27 have Buy rating, 2 Sell and 10 Hold. Therefore 69% are positive. Energen Corporation had 137 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Friday, December 9 by Seaport Global. The firm has “Hold” rating given on Wednesday, June 21 by BMO Capital Markets. The firm earned “Buy” rating on Monday, April 23 by Stifel Nicolaus. Stifel Nicolaus maintained Energen Corporation (NYSE:EGN) rating on Thursday, July 13. Stifel Nicolaus has “Buy” rating and $7800 target. The stock of Energen Corporation (NYSE:EGN) has “Equal-Weight” rating given on Tuesday, June 21 by Barclays Capital. The firm has “Buy” rating given on Friday, February 12 by Topeka Capital Markets. The stock of Energen Corporation (NYSE:EGN) has “Buy” rating given on Tuesday, February 16 by Suntrust Robinson. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, October 11. The firm has “Hold” rating given on Friday, April 21 by Barclays Capital. The company was maintained on Friday, April 13 by RBC Capital Markets.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

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