Baker Hughes, Inc. (NYSE:BHI)

fracking

Rig Count Steady, Hedge Funds Dump Short Contracts on 63 Million Barrels

In the week ended August 26, the number of rigs drilling for oil in the United States totaled 406, unchanged compared with the prior week, and down from a total ...
Read Full Story »
fracking

Rig Count Rises by 10, Huge Short Covering in Crude Market

In the week ended August 19, the number of rigs drilling for oil in the United States totaled 406, up by 10 compared with the prior week but down from a ...
Read Full Story »
Oil rig

Why 7 Straight Weeks With Higher Oil Rig Count Matters So Much

Baker Hughes Inc. (NYSE: BHI) released its weekly rig count, and despite oil not being over $50 a barrel, the count of rigs was still higher. What this means is ...
Read Full Story »
oil field sunset

3 Oil Service Giants to Buy as Rig Count Slowly Improves

It still seems hard to believe that just a little over two years ago oil prices were bubbling near the $100 a barrel level and everything was a go in ...
Read Full Story »
fracking

Oil Rig Count Up by 7 Last Week, Hedge Funds Scooping Up Short Contracts

In the week ended August 5, the number of rigs drilling for oil in the United States totaled 381, up by seven compared with the prior week and a total of ...
Read Full Story »
fracking

Oil Rig Count Up by 3 Last Week, Hedge Funds Pile Into Short Contracts

In the week ended July 29, the number of rigs drilling for oil in the United States totaled 374, up by three compared with the prior week. The number totaled of ...
Read Full Story »
fracking

Oil Rig Count Up by 14 Last Week, Hedge Funds Thinking Short Again

In the week ended July 22, the number of rigs drilling for oil in the United States totaled 371, up by 14 compared with the prior week and a total ...
Read Full Story »
Oil worker

What to Expect From Halliburton’s Earnings Report

Oilfield services firm Halliburton Co. (NYSE: HAL) is scheduled to report second-quarter results before markets open Wednesday. Analysts are looking for a per-share loss of $0.19 and revenues of $3.76 ...
Read Full Story »
fracking

Oil Rig Count Up by 6 Last Week, Hedge Funds Turn Long on Crude, Distillates

In the week ended July 15, the number of rigs drilling for oil in the United States totaled 357, up by six compared with the prior week and a total of ...
Read Full Story »
fracking

Oil Rig Count Up by 10 Last Week, Hedge Funds Add to Short Positions

In the week ended July 8, the number of rigs drilling for oil in the United States totaled 351, up by 10 compared with the prior week and a total ...
Read Full Story »
fracking

Oil Rig Count Rose by 9 Last Week, Hedge Funds Pile Up Short Contracts

In the week ended June 17, the number of rigs drilling for oil in the United States totaled 337, up by nine compared with the prior week and a total of ...
Read Full Story »
Pumpjack

Oil Rig Count Rose by 3 Last Week, Some Hedge Funds Going Very Long

In the week ended June 10, the number of rigs drilling for oil in the United States totaled 328, up by three compared with the prior week and a total of ...
Read Full Story »
fracking

Oil Rig Count Jumped by 9 Last Week, Hedge Funds Can’t Decide Direction

In the week ended June 3, the number of rigs drilling for oil in the United States totaled 325, up nine from the prior week and compared with a total ...
Read Full Story »
Oil worker

Oil Rig Count Dropped by 2 Last Week, Hedge Funds Take a Breather

In the week ended May 27, the number of rigs drilling for oil in the United States totaled 316, down two compared with the prior week and a total of ...
Read Full Story »
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 ...
Read Full Story »