Baker Hughes

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Halliburton and Baker Hughes announce termination of proposed merger

Halliburton Company (NYSE:HAL) and Baker Hughes Incorporated (NYSE:BHI) today announced that the companies have terminated the merger agreement they entered into in November 2014, effective April 30, 2016. 'While both companies expected the proposed merger to result in compelling benefits to shareh... Monday, May 2, 2016

After failed merger, Baker Hughes outlines path for the future

Following the termination of its merger agreement, Baker Hughes Incorporated (NYSE:BHI) today outlined a series of actions to reduce costs and simplify its business, enhance its commercial strategy, and optimize its capital structure. The steps are intended to strengthen the company's competitive p... Monday, May 2, 2016

Baker Hughes announces first quarter results - Revenue of $2.7 billion

Baker Hughes Incorporated (NYSE: BHI) announced today results for the first quarter of 2016. 'During the quarter, the industry faced another precipitous decline in activity, exceeding even the most pessimistic predictions, as E&P companies further cut spending in an effort to protect cash flows,' s... Wednesday, April 27, 2016

Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -3 to 440 rigs U.S. Rig Count is down 3 rigs from last week to 440, with oil rigs down 3 to 351, and gas rigs remain unchanged at 89. U.S. Rig Count is down 514 rigs from last year... Monday, April 18, 2016


BHI Rig Count: U.S. -7 to 443, Canada -8 to 41

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -7 to 443 rigs U.S. Rig Count is down 7 rigs from last week to 443, with oil rigs down 8 to 354, and gas rigs up 1 to 89. U.S. Rig Count is down 545 rigs from last year at 988, wit... Monday, April 11, 2016

Oil price, Amerisur, Sundry-Halliburton/BH-Europa O&G-Solo Oil-VOG-Ascent- And finally...

Oil price Two up days in a row and the bulls have it, especially after a pretty good set of inventory stats, for crude that is... The EIA showed a stock draw of 4.9m barrels which was indeed meaningful and particularly on the Gulf coast where refinery utilisation was 95%. For products, things are t... Thursday, April 7, 2016

Baker Hughes announces March 2016 rig counts

Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for March 2016 was 985, down 33 from the 1,018 counted in February 2016, and down 266 from the 1,251 counted in March 2015. The international offshore rig count for March 2016 was 211, down 14 from the 225 counted... Thursday, April 7, 2016

Halliburton and Baker Hughes to contest Justice Department action

Halliburton Company (NYSE:HAL) and Baker Hughes Incorporated (NYSE:BHI) today announced that the companies intend to vigorously contest the U.S. Department of Justice's (DOJ) effort to block their pending merger. The companies believe that the DOJ has reached the wrong conclusion in its assessment o... Wednesday, April 6, 2016

Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -14 to 450 rigs U.S. Rig Count is down 14 rigs from last week to 450, with oil rigs down 10 to 362, and gas rigs down 4 to 88. U.S. Rig Count is down 578 rigs from last year at 1,0... Monday, April 4, 2016

Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -4 to 476, Canada -29 to 69 BHI Rig Count: U.S. -4 to 476 rigs U.S. Rig Count is down 4 rigs from last week to 476, with oil rigs up 1 to 387, and gas rigs down 5 to 89. U.S. Rig ... Monday, March 21, 2016

Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -9 to 480 rigs U.S. Rig Count is down 9 rigs from last week to 480, with oil rigs down 6 to 386, and gas rigs down 3 to 94. U.S. Rig Count is down 645 rigs from last year at 1,125,... Monday, March 14, 2016

Baker Hughes announces February 2016 rig counts

Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for February 2016 was 1,018, down 27 from the 1,045 counted in January 2016, and down 257 from the 1,275 counted in February 2015. The international offshore rig count for February 2016 was 225, down 17 from the 24... Monday, March 7, 2016

Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -13 to 489 rigs U.S. Rig Count is down 13 rigs from last week to 489, with oil rigs down 8 to 392, and gas rigs down 5 to 97. U.S. Rig Count is down 703 rigs from last year at 1,19... Monday, March 7, 2016

Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -12 to 502 rigs U.S. Rig Count is down 12 rigs from last week to 502, with oil rigs down 13 to 400, and gas rigs up 1 to 102. U.S. Rig Count is down 765 rigs from last year at 1,26... Monday, February 29, 2016

Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -27 to 514 rigs U.S. Rig Count is down 27 rigs from last week to 514, with oil rigs down 26 to 413, and gas rigs down 1 to 101. U.S. Rig Count is down 796 rigs from last year at 1,... Monday, February 22, 2016

Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -30 to 514 rigs U.S. Rig Count is down 30 rigs from last week to 541, with oil rigs down 28 to 439, and gas rigs down 2 to 102. U.S. Rig Count is down 817 rigs from last year at 1,... Monday, February 15, 2016

Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -48 to 571 rigs U.S. Rig Count is down 48 rigs from last week to 571, with oil rigs down 31 to 467, and gas rigs down 17 to 104. U.S. Rig Count is down 885 rigs from last year at 1... Monday, February 8, 2016
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