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Stock Market & Financial Investment News

News Breaks
August 7, 2014
07:54 EDTBHIBaker Hughes reports July international rig count up 38 to 1,382
Baker Hughes announced that the international rig count for July was 1,382, up 38 from the 1,344 counted in June, and up 77 from the 1,305 counted in July 2013. The international offshore rig count for July was 336, up 16 from the 320 counted in June, and up 16 from the 320 counted in July 2013. The average U.S. rig count for July was 1,876, up 15 from the 1,861 counted in June, and up 110 from the 1,766 counted in July 2013. The average Canadian rig count for July was 350, up 110 from the 240 counted in June, and up 59 from the 291 counted in July 2013. The worldwide rig count for July was 3,608, up 163 from the 3,445 counted in June, and up 246 from the 3,362 counted in July 2013.
News For BHI From The Last 14 Days
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January 27, 2015
12:08 EDTBHIObama to propose opening up Atlantic to offshore drilling, NYT reports
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January 23, 2015
13:03 EDTBHIBaker Hughes reports U.S. rig count down 43 to 1633, Canada down 8
Baker Hughes reported the U.S. rig count is down 43 rigs from last week to 1633, with oil rigs down 49 to 1317, gas rigs up 6 to 316, and miscellaneous rigs unchanged at 0. The Canadian Rig Count is down 8 rigs from last week to 432, with oil rigs down 11 to 223, and gas rigs up 3 to 209.
08:37 EDTBHIBofA/Merrill U.S. oil & gas analysts to hold an analyst/industry conference call
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January 20, 2015
09:22 EDTBHIHalliburton sees restructuring charge in Q1
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09:11 EDTBHIOn The Fly: Pre-market Movers
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08:30 EDTBHIBaker Hughes to cut 7K jobs in Q1 amid low oil prices
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07:39 EDTBHIBaker Hughes sees FY15 interest expense approx. $240M
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07:02 EDTBHIHalliburton reports Q4 C&P revenue $5.5B, D&E revenue $3.3B
During the fourth quarter of 2014, Halliburton (HAL) incurred $19M for costs related to the pending Baker Hughes (BHI) acquisition.
06:01 EDTBHIBaker Hughes reports Q4 adj. EPS $1.44, consensus $1.07
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January 18, 2015
14:22 EDTBHISchlumberger boss says oil price to challenge land producers, WSJ says
Paal Kibsgaard, CEO of Schlumberger, said U.S. energy producers are not done with work force reductions and that because of high costs, producers that focus on shale fields are worse off than rivals, says the Wall Street Journal. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A), Total (TOT), Schlumberger (SLB) and Baker Hughes (BHI). Reference Link
January 16, 2015
17:30 EDTBHIValue Act reports 5.1% stake in Baker Hughes
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13:03 EDTBHIBaker Hughes reports U.S. rig count down 74 to 1676
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10:24 EDTBHIOptions point to oil falling to near $30 per barrel, Merrill Lynch says
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