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Posts related to ‘NYSE: BHI’

Warning from Nabors Highlights Concerns for Oil Field Services Results

Posted: July 17, 2012 at 10:13 am

Oil and gas driller Nabors Industries Ltd. (NYSE: NBR) warned this morning that the company expects second-quarter operating results to miss consensus estimate, mainly as a result of higher costs: ...
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US Gas Drilling Slowdown Hits Supplier (KEX, BHI, XOM, CHK, EOG, RRC)

Posted: June 25, 2012 at 7:53 am

A major supplier of the engines and transmissions that drive the hydraulic fracturing (fracking) at US oil and gas wells announced this morning that it is reducing its second quarter ...
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Energy Producer to Expand Capex Spending $600 Million (ECA, BHI, HAL, SLB, GST, EOG, GDP, CHK)

Posted: June 21, 2012 at 12:13 pm

Canadian-based oil & gas producer Encana Corp. (NYSE: ECA) announced today that it planned to expand its 2012 capital spending budget by $600 million in order for the company “to ...
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After the Fall: Value in Oil Stocks (XOM, CVX, BP, SLB, HAL, BHI, VLO, MPC, TSO, OIH, XOP)

Posted: May 22, 2012 at 11:11 am

The month-long slide in crude oil prices has chopped the share price of many of the biggest names in the oil patch. Exxon Mobil Corp. (NYSE: XOM) is about -4% ...
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24/7 Wall St. Closing Bell — May 16, 2012

Posted: May 16, 2012 at 4:05 pm

The three major US stock indexes opened higher this morning as investors appeared to be reacting to a temporarily stronger euro, which indicated some confidence in the Eurozone generally. But ...
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24/7 Wall St. Closing Bell (AAPL, T, XRX, GE, LNKD, BIG, AZO, APD, BHI, COH, ITW, MHP, RSH, RF, HSY, NFLX, IBM, NAT, EGLE)

Posted: April 24, 2012 at 4:11 pm

Markets opened mixed this morning, with the DJIA showing much more strength than the S&P 500, which opened higher, or the Nasdaq, which opened lower. The S&P Case-Shiller house price ...
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Baker Hughes, Weatherford Continue Winning Streak for Oilfield Services Companies (BHI, WFT, HAL, SLB, NOV, CHK, OIH)

Posted: April 24, 2012 at 12:58 pm

The oilfield services companies are on a roll. Well, sort of. Expectations had been lowered so much coming into this earnings season that every one is able to clear the ...
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24/7 Wall St. Closing Bell (BHI, MU, SWY, TSLA, MTG, CALM, SARA, APOL, GOL, WAG, LEN, VRNM, SLB, AONE, AUDC, ARNA)

Posted: March 26, 2012 at 4:06 pm

Markets opened about higher this morning following a flat close in Asia and a bit of enthusiasm in Europe following a manufacturing survey from Germany (our coverage here). Then Fed ...
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Schlumberger Warns on Earnings (SLB, BHI, HAL)

Posted: March 26, 2012 at 12:04 pm

At an energy conference in New Orleans today, the CEO of Schlumberger Ltd. (NYSE: SLB) said that downward pressure on prices for the company’s hydraulic fracturing (fracking) services will have ...
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24/7 Wall St. Closing Bell (HD, LNKD, MU, RGLD, BX, ORCL, GIS, KKD, SAI, DQ, FRED, BHI, LOOK, SEED, GMCR, YGE)

Posted: March 21, 2012 at 4:07 pm

Markets opened slightly higher this morning, expecting good news from today’s report on existing home sales. Alas, the number came in lower than expectations and sent the DJIA to a ...
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Baker Hughes Slices First Quarter Profit Estimate (BHI, SLB, HAL)

Posted: March 21, 2012 at 8:38 am

Oil field services firm Baker Hughes Inc. (NYSE: BHI) this morning announced that it is cutting its first quarter 2012 operating profit before tax margins in both its US and ...
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Chinese Oil Field Services Firm Jumps (RCON, BHI, SNP)

Posted: March 20, 2012 at 12:16 pm

China’s Recon Technology Inc. (NASDAQ: RCON) announced yesterday that it had successfully used a hydraulic fracturing (fracking) technique developed by Baker Hughes Inc. (NYSE: BHI) to complete a fracking project ...
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Oil Field Services Companies Hit by Weaker Oil Prices (SLB, HAL, BHI, WFT, NOV, RIG)

Posted: March 6, 2012 at 1:43 pm

Today’s falling crude prices are having an impact on stocks in the oil field services companies today. Schlumberger Ltd. (NYSE: SLB), Halliburton Co. (NYSE: HAL), Baker Hughes Inc. (NYSE: BHI), ...
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