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Stock Market & Financial Investment News

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January 31, 2014
13:09 EDTBHIBaker Hughes U.S. rig count up 8 rigs to 1785
Baker Hughes reports U.S. Rig Count is up 8 rigs from last week to 1785, with oil rigs up 6 to 1422, gas rigs up 2 to 358, and miscellaneous rigs unchanged at 5. Says U.S. Rig Count is up 21 rigs from last year at 1764, with oil rigs up 90, gas rigs down 70, and miscellaneous rigs up 1. The U.S. Offshore rig count is 57, up 1 rig from last week, and up 4 year over year.
News For BHI From The Last 14 Days
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October 31, 2014
13:03 EDTBHIBaker Hughes reports U.S. rig count up 2 from last week to 1929
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October 24, 2014
13:06 EDTBHIBaker Hughes reports U.S. rig count up 9 to 1927
Baker Hughes says the U.S. Rig Count is up 9 rigs from last week to 1927, with oil rigs up 5 to 1595, gas rigs up 4 to 332, and miscellaneous rigs unchanged at 0. Says the U.S. Rig Count is up 189 rigs from last year at 1738, with oil rigs up 238, gas rigs down 44, and miscellaneous rigs down 5. The U.S. Offshore rig count is 55, down 2 rigs from last week, and down 7 rigs year over year.
October 17, 2014
13:03 EDTBHIBaker Hughes reports U.S. rig count down 12 from last week to 1918
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08:26 EDTBHICredit Suisse says its time to buy Baker Hughes
Credit Suisse believes Baker Hughes shares are "washed out" and believes its time to buy shares. The analyst is confident it can hit Q4 consensus EPS estimate of $1.26 given strength in pumping and any improvement in the Gulf of Mexico. Shares are Outperform rated with an $81 price target and $97 price target.
07:34 EDTBHIBaker Hughes maintains positive outlook despite uncertainty, says UBS
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