Baker Hughes, Inc. (NYSE:BHI)

oil field sunset

4 Big Oil and Gas Stocks Analysts Want You to Buy, but Sell 2 Others

The week of May 20 ended with a very mixed bag in performance. The Nasdaq was up 1% and the Dow closed marginally in the red. Investors keep proving over ...
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fracking

Oil Rig Count Flat Last Week, Hedge Funds Dump Short Bets

In the week ended May 20, the number of rigs drilling for oil in the United States totaled 318, unchanged compared with the prior week, and 660 a year ago. ...
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Oil worker

Why Halliburton May Be Worth 25% More, Even Without Baker Hughes

Earlier this month, Halliburton Co. (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI) were forced to terminate their merger plans because they were unable to secure an approval from the ...
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oil field sunset

Oil Rig Count Drops by 10, Hedge Funds Raise Short Bets

In the week ended May 13, the number of rigs drilling for oil in the United States totaled 318, compared with 328 in the prior week and 660 a year ...
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fracking

Oil Rig Count Drops by 5, Hedge Funds Grow Wary on Crude

In the week ended May 6, the number of rigs drilling for oil in the United States totaled 328, compared with 332 in the prior week and 668 a year ...
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oil rig

The Real Reason the Halliburton-Baker Hughes Deal Failed

The old joke about antitrust goes like this. Three business owners are in prison, discussing how they ended up there. The first one says, “My prices were too high and ...
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Oil worker

Is a Stock Buyback the Best Thing Baker Hughes Can Do Now?

When Baker Hughes Inc. (NYSE: BHI) reported first-quarter earnings last week, CEO Martin Craighead complained that the now-terminated merger agreement with Halliburton Co. (NYSE: HAL) was hampering the company's ability ...
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Pump Jacks Against at Dusk

Baker Hughes to Receive $3.5 Billion Breakup Fee From Halliburton

The second- and third-largest oilfield services companies in the world officially ended their merger agreement late Sunday. Baker Hughes Inc. (NYSE: BHI) and Halliburton Co. (NYSE: HAL) had announced a ...
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Oil rig

Oil Rig Count Drops by 11, Hedge Funds Still Exiting Short Positions

In the week ended April 29, the number of rigs drilling for oil in the United States totaled 332, compared with 343 in the prior week and 679 a year ...
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Oil worker

Halliburton Fires 6,000 People

This is how a section of comments about Halliburton Co.'s (NYSE: HAL) earnings read: Responding to the reality of the market, we force-fit our employee headcount to available activity levels. ...
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fracking

Oil Rig Count Drops by 8, Hedge Funds Dump More Short Contracts

In the week ended April 22, the number of rigs drilling for oil in the United States totaled 343, compared with 351 in the prior week and 703 a year ...
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fracking

Oil Rig Count Drops by 3, Hedge Funds Go Long

In the week ended April 15, the number of rigs drilling for oil in the United States totaled 351, compared with 354 in the prior week and 734 a year ...
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oil refinery

Oil Rig Count Drops by 8, Hedge Funds Pile Up Short Positions

In the week ended April 8, the number of rigs drilling for oil in the United States totaled 354, compared with 362 in the prior week and 760 a year ...
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New York Stock Exchange

Top Analyst Upgrades and Downgrades: Apache, Baker Hughes, Intercept Pharmaceutical, Rite Aid, Synchrony Financial, US Steel and More

Well the volatility is back, at least for now, and Thursday's big loss is starting to remind investors how the first six weeks of the 2016 trading year went. The ...
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Oil platform on sea

Halliburton and Baker Hughes Plan to Fight Justice Department Lawsuit

Halliburton Co. (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI) are taking a stand against the U.S. Department of Justice's most recent effort to block their intended merger. The companies ...
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