New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For BHI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 24, 2015
13:03 EDTBHIBaker Hughes reports U.S. rig count down 22 to 932 rigs
Baker Hughes reports that the U.S. Rig Count is down 22 rigs from last week to 932, with oil rigs down 31 to 703, gas rigs up 8 to 225, and miscellaneous rigs up 1 to 4. Says the U.S. Rig Count is down 929 rigs from last year at 1861, with oil rigs down 831, gas rigs down 98, and miscellaneous rigs unchanged at 4. The U.S. Offshore rig count is 34, up 1 from last week, and down 20 rigs year over year. The Canadian Rig Count is down 1 rig from last week to 79, with oil rigs down 4 to 16, and gas rigs up 3 to 63. The Canadian Rig Count is down 89 rigs from last year at 168, with oil rigs down 53, and gas rigs down 36.
April 22, 2015
07:52 EDTBHIBaker Hughes price target raised to $78 from $72 at Susquehanna
Subscribe for More Information
April 21, 2015
09:23 EDTBHIHalliburton added to Conviction List, Baker Hughes removed at Iberia
Iberia prefers equity exposure of Halliburton (HAL) versus the merger arbitrage of owning Baker Hughes (BHI). The firm expects the merged company to better compete for integrated project management work and shore up weaker products and services.
08:08 EDTBHIBaker Hughes 'pleased with the progress' on planned combination with Halliburton
08:07 EDTBHIBaker Hughes expects unfavorable market conditions to persist in Q2
Subscribe for More Information
08:07 EDTBHIBaker Hughes: Q1 results a reflection of extreme market forces faced by industry
Subscribe for More Information
08:06 EDTBHIBaker Hughes reports Q1 adjusted EPS (7c), consensus 46c
Subscribe for More Information
07:45 EDTBHIHalliburton well positioned for industry upturn, says UBS
UBS said the oil services downturn is playing out as expected and that Halliburton (HAL) is well positioned for the eventual upturn. The firm cited the company's ability to maintain margins, synergies from its merger with Baker Hughes (BHI), and the potential for major share repurchases. UBS reiterated its Buy rating and raised its price target to $60 from $50 on Halliburton shares.
April 20, 2015
15:37 EDTBHINotable companies reporting before tomorrow's open
Subscribe for More Information
10:00 EDTBHIOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:28 EDTBHIHalliburton on track to complete Baker Hughes transaction late in 2H15
Continues to target annual cost synergies of $2B.
09:18 EDTBHIHalliburton says Q1 challenging quarter, with downturn being historically high
Subscribe for More Information
07:21 EDTBHI, BHIBaker Hughes downgraded to Underperform from Outperform at CLSA
April 17, 2015
13:09 EDTBHIBaker Hughes reports U.S. rig count down 34 to 954
Subscribe for More Information
08:29 EDTBHIU.S. may be at, or near, peak oil output, WSJ says
New data and forecasts suggest lower crude prices are finally prompting U.S. energy companies to cut back their crude output, according to The Wall Street Journal, citing reports from OPEC, the DOE and North Dakota. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Publicly traded drillers and oil services companies include Baker Hughes (BHI), Diamond Offshore (DO), Halliburton (HAL), Nabors Industries (NBR), Noble Corp. (NE), Rowan Companies (RDC), Schlumberger (SLB), Transocean (RIG) and Weatherford (WFT). Reference Link
06:33 EDTBHISources: Halliburton hires BofA, Deutsche Bank to sell assets, Reuters reports
According to sources, Reuters reports that Bank of America (BAC) and Deutsche Bank (DB) have been hired by Halliburton (HAL) to sell two assets that could be valued at up to $5B. Bank of America will work to sell some of Halliburton's Sperry Drilling business, including logging-while-drigging, directional drilling and measuring-while-drilling, while Deutsche Bank is mandated to sell Halliburton's drill bits businesses. Halliburton is seeking to divest some assets to ease regulators' antitrust concerns in its $35B merger deal with Baker Hughes (BHI). Reference Link
April 16, 2015
13:21 EDTBHIBaker Hughes volatility low into Q1 and outlook
Subscribe for More Information
April 15, 2015
06:16 EDTBHIOil layoffs reach 100,000 and still going, WSJ reports
Subscribe for More Information
April 14, 2015
09:20 EDTBHIMorgan Stanley calls a bottom in Oil Services sector
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use