Baker Hughes, Inc. (NYSE:BHI)

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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Oil pumps

Is the Halliburton-Baker Hughes Merger Going to Happen?

In November 2014, Halliburton Co. (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI) announced an agreement under which Halliburton would pay $35 billion for Baker Hughes, a premium of around ...
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fracking

Oil Rig Count Drops by 10, Hedge Funds Go Short Again

In the week ended April 1, the number of rigs drilling for oil in the United States totaled 362, compared with 372 in the prior week and 802 a year ...
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fracking

Oil Rig Count Dives by 15, Hedge Funds Massively Long

In the week ended March 24, the number of rigs drilling for oil in the United States totaled 372, compared with 387 in the prior week and 813 a year ...
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fracking

Oil Rig Count Rises by 1, Hedge Funds Dump More Short Contracts

In the week ended March 18, the number of rigs drilling for oil in the United States totaled 387, compared with 386 in the prior week and 825 a year ...
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fracking

Oil Rig Count Down by 6, Hedge Funds Shedding Short Contracts

In the week ended March 11, the number of rigs drilling for oil in the United States totaled 386, compared with 392 in the prior week and 866 a year ...
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Oil platform on sea

UBS Has 4 Top Oilfield Services Stocks to Buy in Anticipation of Higher Oil Prices

While some have dismissed the rise in oil prices as mere short covering, the reality is that production has dropped dramatically, and less of the black gold is coming out ...
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