New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 4, 2014
13:03 EDTBHIBaker Hughes reports U.S. rig count up 9 to 1818
Baker Hughes says the U.S. Rig Count is up 9 rigs from last week to 1818, with oil rigs up 11 to 1498, gas rigs down 2 to 316, and miscellaneous rigs unchanged at 4. The U.S. Rig Count is up 80 rigs from last year at 1738, with oil rigs up 141, gas rigs down 59, and miscellaneous rigs down 2. The U.S. Offshore rig count is 47, down 3 rigs from last week, and down 1 rig year over year.
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.
February 5, 2016
13:03 EDTBHIBaker Hughes reports U.S. rig count down 48 rigs to 571
Subscribe for More Information
06:07 EDTBHIBaker Hughes reports January international rig count 1,045
Subscribe for More Information
February 3, 2016
18:34 EDTBHIEuropean Commission extends review of Halliburton-Baker Hughes merger by 20 days
Subscribe for More Information
January 29, 2016
13:03 EDTBHIBaker Hughes reports U.S. rig count down 18 to 619 rigs
Subscribe for More Information
January 28, 2016
20:07 EDTBHISuperior Drilling to host business news update conference call
Business news update conference call to be held on January 29 at 9 am. Webcast Link
16:22 EDTBHISuperior Drilling to supply Baker Hughes with Strider Drill System
Superior Drilling (SDPI) announced that it reached an agreement to supply the company's Strider Drill String Oscillation System and related services to Baker Hughes (BHI). The Strider utilizes its unique patent-pending design to reduce drill string friction on horizontal wells, resulting in improved rates of penetration and cost savings. Its revolutionary engineering provides a cost effective alternative to conventional downhole vibration tools.
08:06 EDTBHIBaker Hughes says 'fully dedicated' to closing merger as early as possible
Subscribe for More Information
08:05 EDTBHIBaker Hughes sees rig activity worldwide to continue to decline throughout 2016
Subscribe for More Information
08:04 EDTBHIBaker Hughes reports Q4 adjusted EPS (21c), consensus (10c)
Subscribe for More Information
06:07 EDTBHIHalliburton upgraded to Buy from Accumulate at KLR Group
KLR Group analyst Darren Gacicia upgraded Halliburton (HAL) to Buy saying the risk/reward is favorable at current share levels. North America should be the first region to increase oil production activity in a recovery, and Halliburton has high exposure, Gacicia tells investors in a research note. Further, investor concerns related to the Baker Hughes (BHI) merger may present a positive catalyst for the shares whether the merger is completed or terminated, the analyst contends. He believes both companies remain motivated to complete the deal. Gacicia keeps a $44 price target for Halliburton shares. The oil services company closed yesterday up 12c to $29.06.
January 27, 2016
14:34 EDTBHINotable companies reporting before tomorrow's open
Subscribe for More Information
January 26, 2016
08:00 EDTBHIHalliburton weakness a buying opportunity for long-term investors, says UBS
UBS said the weakness in Halliburton (HAL) is a buying opportunity with or without Baker Hughes (BHI) as an acquisition. The firm believes the company offers the highest quality play on a recovery in North American oil prices. UBS reiterated its Buy rating and lowered its price target to $45 from $48 on Halliburton shares.

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