Baker Hughes, Inc. (NYSE:BHI)

Oil drilling rig

Oil Rigs Drop by 26, Hedge Funds Increase Long Bets as Crude Prices Rise

In the week ended April 17, the number of rigs drilling for oil in the United States totaled 734, compared with 760 in the prior week and 1,510 a year ...
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Oil drilling rig

Hedge Funds Add to Long Positions as Oil Rig Count Drops by 42

In the week ended April 10, the number of rigs drilling for oil in the United States totaled 760, compared with 802 in the prior week and 1,517 a year ...
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Oil drilling rig

Oil Rig Losses Slow, Hedge Funds Add to Long Positions

In the week ended April 2, the number of rigs drilling for oil in the United States totaled 802, compared with 813 in the prior week and 1,498 a year ...
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Oil tanker

3 Top Deutsche Bank Picks for Oil Services Upcycle

If there is one thing that has played out before, it is the boom and bust cycle in the oil industry. As a result there have always been some predictable ...
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Oil drilling rig

Hedge Funds Maintain Long Positions as Oil Rig Count Dips

In the week ended March 27, the number of rigs drilling for oil in the United States totaled 813, compared with 825 in the prior week and 1,487 a year ago. ...
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Oil drilling rig

Texas and Louisiana Lead Oil Rig Count Much Lower

Oil may have bounced this week -- last seen at $50.05 late on Friday -- but the count of U.S. and North American drilling rigs is still declining. Baker Hughes ...
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Oil drilling rig

Oil Rig Count Falls; Hedge Funds Pile In on Short Positions

In the week ended March 20, the number of rigs drilling for oil in the United States totaled 825, compared with 866 in the prior week and 1,473 a year ...
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Oil drilling rig

Hedge Funds Boost Short Positions as Oil Rig Count Falls Again

In the week ended March 13, the number of rigs drilling for oil in the United States totaled 866, compared with 922 in the prior week and 1,461 a year ...
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oil-jack-pumps

Despite Lower Oil Services Targets, Oppenheimer Still Sees Big Upside

What do Baker Hughes Inc. (NYSE: BHI), Halliburton Co. (NYSE: HAL) and Schlumberger Ltd. (NYSE: SLB) all have in common? A key investment bank, Oppenheimer, is lowering its earnings per ...
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Oil drilling rig

UBS Has 4 Diversified Oil Services Stocks to Buy

Now that the plunge in oil seems to be settling out, and February was the first month since last summer when West Texas Intermediate (WTI) ended the month up, most ...
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Drilling Rig

As Rig Count Falls, Hedge Funds Pile Into Long Crude Futures

In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and ...
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Oil drilling rig

US Drilling Rig Count Declines Slowing

In the week ended February 20, the total number of rigs drilling for oil in the United States came in at 1,019, compared with 1,056 in the prior week and ...
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Houston Ship Channel

$50 Oil Will Cost at Least 1 Million Jobs

A study in 2008 about the collapse of the auto industry in America said the disaster would cost as many as 3 million jobs. The research from the Center for Automotive Research (CAR) covered only those jobs ...
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Drilling Rig

US Drilling Rig Count Dropped by 84 in the Past Week

In the week ended February 13, the total number of rigs drilling for oil in the United States came in at 1,056, compared with 1,140 in the prior week and ...
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Oil drilling rig

Halliburton Will Slash Up to 6,500 Jobs: Report

Halliburton Co. (NYSE: HAL) announced to its employees on Tuesday that the company would lay off between 5,000 and 6,500 employees due to low crude oil prices and the concomitant ...
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