Baker Hughes, Inc. (NYSE:BHI)

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 ...
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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 ...
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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 ...
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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 ...
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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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