- 4-Week # shares sold: 10,000
- 12-Week # shares sold: 17,200
- 24-Week # shares sold: 28,288
The company's newly formed pressure-pumping joint venture might result in 1.3 million horsepower of idled hydraulic fracturing equipment one day re-entering an already oversupplied North American market.
Baker Hughes reports that oil operators three rigs were brought online in the past week, while one gas rig was added.