New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 19, 2013
09:27 EDTBHIBaker Hughes sees 'several quarters' to work through excess industry capacity
Baker Hughes CEO Martin Craighead plans to state while presenting at the Howard Weil Energy Conference that there remains an industry-wide capacity overhang, in the form of underutilized assets. Craighead will state, "Our outlook is clear and remains unchanged. Without a meaningful jump in rig count, it's going to take several quarters to chew through the excess horsepower capacity," according to a copy of the presentation filed with regulators.
News For BHI From The Last 14 Days
Check below for free stories on BHI the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 15, 2014
13:04 EDTBHIBaker Hughes reports U.S. rig count up 5 to 1913 rigs
Baker Hughes announced that the U.S. Rig Count is up 5 rigs from last week to 1913, with oil rigs up 1 to 1589, gas rigs up 5 to 321, and miscellaneous rigs down 1 to 3. Says the U.S. Rig Count is up 122 rigs from last year at 1791, with oil rigs up 192, gas rigs down 67, and miscellaneous rigs down 3. The U.S. Offshore rig count is 62, unchanged from last week, and unchanged year over year.
August 14, 2014
17:41 EDTBHIPoint72 Asset Management gives quarterly update on stakes
Subscribe for More Information
August 8, 2014
13:30 EDTBHIBaker Hughes reports U.S. rigs up 19 to 1908
Subscribe for More Information
August 7, 2014
07:54 EDTBHIBaker Hughes reports July international rig count up 38 to 1,382
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