|Day Low/High||51.00 / 51.83|
|52 Wk Low/High||37.58 / 58.23|
Activity in the U.S. was up by 10 rigs as commodity prices approached the $50 per barrel mark, although the Canadian count slipped by 5 rigs.
With oil prices approaching the $50 mark, analysts say it may be time to buy the shares of such high-performing prospects as Eco-Stim Energy, Nabors Industries and Halliburton.
Baker Hughes Incorporated (NYSE: BHI) announced today that the Company's Chairman and Chief Executive Officer Martin Craighead will present at the Barclays CEO Energy-Power Conference on Wednesday, September 7, 2016, at...
On Friday, August 19, investors await quarterly results from Foot Locker and oil rig count data.
Tetra Technologies, Natural Gas Services and Patterson-UTI continue to generate solid margins and free cash flow, with Tetra trading below its peers.
In the week ahead, we're likely to get confirmation that the much-maligned American economy is the strongest in the developed world. Here are the earnings and economic reports to watch.
Oil rigs surged by 15 week-over-week to give the domestic count a net increase of 17 rigs as commodity prices continue two-week climb Friday.
Baker Hughes is a fairly low-risk long near current levels.
Time both the move to higher levels as well as using premium decay.
Oil rigs continue to climb steadily in U.S. despite foundering commodity prices, but a steep decline in gas rigs dampens gain to one overall rig.
Stocks with insider trader activity include BHI, VOXX and MA
Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for July 2016 was 938, up 11 from the 927 counted in June 2016, and down 180 from the 1,118 counted in July 2015.
There just isn't a lot of aggressive buying in the oilfield services name.
Deutsche Bank upped its price target to $52 on Baker Hughes stock this morning.
With three U.S. oil rigs added, the rig count sees a net uptick of one rig, while Canadian production continues to come back online strongly, with 17 rigs added.
Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer Martin S.
CEO Martin Craighead is less bullish on the second half, saying it may take oil prices approaching $60 per barrel for a real recovery to begin.
Baker Hughes (BHI) stock is higher in pre-market trading on Thursday following the release of its 2016 second-quarter financial results.
Baker Hughes Incorporated (NYSE:BHI) announced today results for the second quarter of 2016.
On Thursday, July 28, Alphabet, Amazon and Credit Suisse are scheduled to report quarterly results.
News from Japan may be more important for gold than anything from Fed.
Election uncertainty may catch gold bears offsides.
Optimism is warranted over the long haul, but investors probably face a short-term headache. Here are the crucial numbers and events to watch in the week ahead.
The Federal Reserve will steal focus from another onslaught of earnings in the coming week as investors remain wary over the central bank's rate-hike timetable.
U.S. oil rigs were up 14, while operators added two miscellaneous rigs and dropped one gas rig, following Schlumberger and Halliburton's predictions that we have seen the worst.
General Electric and American Airlines round out a busy week of earnings on Friday, July 22.
Based on Halliburton's results, the company's Latin American and European/Central Asian numbers may come in better than expected, RBC says.
The company has hope the commodity environment will improve as oil inventories decrease and service providers and U.S. producers' positive will close the gap on service pricing.