|Day Low/High||48.17 / 49.91|
|52 Wk Low/High||37.58 / 58.23|
On Friday, September 23, investors await commentary from a variety of Federal Reserve officials.
Baker Hughes Incorporated (NYSE: BHI) announced today that it will release its third quarter financial results on Tuesday, October 25, 2016, at 6:30 a.
Facebook, Amazon, Netflix and Google (now Alphabet) have been rising, in defiance of market volatility. This trend appears set to continue in the week ahead.
The Houston oilfield service provider reported Friday a much more moderate gain in U.S. oil rigs than the industry has recently seen and said natural gas rigs were down again.
On Friday, September 16, investors will have the opportunity to parse key inflation data.
The U.S. Department of Energy agency said crude stockpiles fell by 600,000 barrels, which was enough for a blip on the radar but not enough to keep these players up.
Growing crude supplies and continued aggressive drilling globally are negative signs for energy stocks.
Copper and crude have been a good measure of economic activity, but both are at historically low levels.
The week has been dominated by big deal news in the energy industry, but analysts continue to see macro trends and data as the driving factors for stocks.
Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for August 2016 was 937 down 1 from the 938 counted in July 2016, and down 200 from the 1,137 counted in August 2015.
Baker Hughes reported Friday the number of U.S. active oil rigs was up by just 1, meaning gloomy fourth quarter predictions for a flat to down frame may prove true.
The markets await the August jobs report, on Friday, Sept. 2.
Comments by the oilfield service giant led analysts to revise their earnings estimates downward but some still think it's a buy.
Land rigs are coming back online faster than some analysts expected in the third quarter, and these U.S. stocks are your best bets for getting ahead of the ball.
The North American count was bolstered by a significant uptick in Canadian rigs week-over-week, and U.S. oil producers have added more than 30 rigs so far in August.
Analysts cite squeeze on short sellers as reason for oil's recent 20% gain and tip further falls.
Hedge fund managers continue to flee stocks in the second quarter, but the smart money eyed several potential opportunities, including Charter Communications and Morgan Stanley.
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