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Predictions in commodity prices are about as common as weather forecasts, and right just as often.
It was the seventh best performer in the index during the first half of the year.
General Electric's incoming CEO has no experience in energy.
The markets were led by the energy and financial sectors Monday.
Here's a look back at the history of Baker Hughes, which began trading on the NYSE in 1987 after the merger of Hughes Tool Co. and Baker International Corp.
GE (NYSE:GE) announced today the completion of the previously announced combination of GE's oil and gas business with Baker Hughes.
Baker Hughes, a GE company (NYSE: BHGE) announced today that the transaction combining GE's oil and gas business with Baker Hughes is complete.
The U.S. rig count fell by one to 940, with oil rigs down two to 756 and gas rigs up one to 184.
Baker Hughes Incorporated (NYSE:BHI) today announced that more than 99% of the votes cast at the special meeting of Baker Hughes stockowners were voted to approve the previously announced combination of Baker Hughes with...
Barclays: Even bearish earnings forecasts support an optimistic outlook for the changing company.
The trajectory of U.S. oil production may further upset the balance of global crude supply and demand, sending commodity prices plummeting once again, one firm argues.
The rig count now stands at 941, up 283 units on the year, with 11 new oil rigs coming online this week and three gas rigs coming offline.
Ask good questions, listen, pivot and be ready to take some heat, Jeffrey Immelt said.
Amazon wants to entertain and clothe -- and now feed -- every American. Cramer names the winners and the losers in this deal.
The 22nd consecutive week of rig additions brought six oil-focused drilling units and one natural gas-focused units online, one miscellaneous rig offline and the overall count up six to 933.
The incoming CEO is conducting a review of the industrial conglomerate's portfolio.
Here's what is sending oil prices higher.
Baker Hughes Incorporated (NYSE:BHI) and General Electric Company (NYSE:GE) announced today that they have reached an agreement with the Department of Justice that would allow the parties to complete their proposed...
The most recent short interest data has been released for the 05/31/2017 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
The agreement gives GE a 62.5% stake in the new company.
As domestic drilling surges, where's the money to be made? Water.
The number of active rigs drilling for oil increased by eight week over week, while the Houston oilfield services provider's natural gas rig count grew by three.
Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2017 was 957, up 1 from the 956 counted in April 2017, and up 2 from the 955 counted in May 2016.
Baker Hughes Incorporated (NYSE:BHI) and General Electric Company (NYSE:GE) today announced the executive team that will lead Baker Hughes, a GE Company upon closing of their proposed transaction to combine GE's Oil &...
The oil rig count has increased by 11, while three natural gas rigs came offline, bringing the Houston oilfield services provider's overall tally to 916 units.