Insiders are Buying Shares of These Energy Companies: SLB, HAL, CHK

Wall St. Watchdog reveals information about insiders who are bullish on these stocks in the Basic Materials sector for the week ending November 25th, 2011.

  • Kjell-erik Oestdahl who is Vice President at Schlumberger Limited (NYSE:SLB), bought 3,730 shares on Nov 23 at $67.00 per share for a total value of $249,910. The shares recently traded at $69.22, up $2.72, or 4.09% since the insider buy. About the company: Schlumberger Limited is an oil services company. The Company, through its subsidiaries, provides a wide range of services, including technology, project management and information solutions to the international petroleum industry as well as advanced acquisition and data processing surveys. Get the most recent company news and stock data here >>
  • Joseph F Andolino who is Senior Vice Pres – Tax at Halliburton Company (NYSE:HAL), bought 2,000 shares on Nov 25 at $32.59 per share for a total value of $65,180. The shares recently traded at $32.77, up $0.97, or 3.05% since the insider buy. About the company: Halliburton Company provides energy services and engineering and construction services, as well as manufactures products for the energy industry. The Company offers services and products and integrated solutions to customers in the exploration, development, and production of oil and natural gas. Get the most recent company news and stock data here >>
  • Aubrey K Mcclendon who is Chairman & CEO at Chesapeake Energy Corporation (NYSE:CHK), bought 11,000 shares on Nov 25 at $22.76 per share for a total value of $250,384. The shares recently traded at $23.36, up $0.94, or 4.19% since the insider buy. About the company: Chesapeake Energy Corporation produces oil and natural gas. The Company’s operations are focused on discovering, developing and acquiring conventional and unconventional natural gas reserves onshore in the United States. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from publicly available SEC filings. All data are assumed to be accurate.)

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