|Day Low/High||45.67 / 47.98|
|52 Wk Low/High||37.58 / 59.01|
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.
U.S. stocks rose on Wednesday, as second quarter earnings kept flowing.
The company reported a 14 cents per share loss for the period after excluding a $3.5 billion break-up fee paid to Baker Hughes and losses from financing agreements with Venezuela.
Calls for disappointing second-quarter earnings have come across the board by industry followers, but what will numbers from Halliburton, which kicks off reporting Wednesday, say about the space?
You made money with the oil-field service company before and you'll continue to make money with it now.
The Houston oilfield services provider says that U.S. oil rigs were up to 357 this week, an increase of six rigs from last week.
All signs point to a return to balance for global oil supply, including OPEC's oil market report released Tuesday, but could it be at the expense of U.S. oil producers?
Trade-Ideas LLC identified Baker Hughes (BHI) as an unusual social activity candidate
Here are Monday's top research calls, including an upgrade for GameStop, and downgrades for Baker Hughes, ConocoPhillips and Toll Brothers.
Baker Hughes reports the U.S. added another 10 oil rigs this week, contrasting a poor performance by West Texas Intermediate crude futures in recent days.
Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2016 was 927 down 28 from the 955 counted in May 2016, and down 219 from the 1,146 counted in June 2015.
On Friday, July 8, all eyes are on the June labor report, released by the Bureau of Labor Statistics at 8:30am Eastern.
The FTC has been nixing big business deals right and left. But Walgreens' CEO still feels positive the Rite Aid purchase will go through. Should you get in now?
That's because central bankers and their inept monetary policies have set up precious metals for a run.
In the coming days, crucial economic data will indicate whether the recent "relief rally" has momentum or whether another market crash is lurking.
Futures markets gave little in the way of signs for a new beginning following the long weekend and a troublesome end to June.