Baker Hughes News

The number of rigs actively exploring for oil and natural gas in the U.S. is down three this week to 1,983. Houston-based oilfield services company Baker Hughes Inc.

Recon Technology shares shoot over the moon following word that it signed a $3 million contract to provide China National Petroleum with Emerson PCS & SIS systems in its South Yolotan Gas Field Project in Turkmenistan.

Shares of Baker Hughes opened at 41.72 on Thursday. Baker Hughes has a one year low of $39.40 and a one year high of $81.00. The company has a market cap of $18.293 billion and a P/E ratio of 10.54. Baker Hughes last issued its quarterly earnings data on Tuesday, April 24th.

Baker Hughes Inc believes the U.S. oil-directed rig count would have to double to more than 2,500 rigs if analyst estimates of a 2 million-barrel-per-day increase in U.S. oil production by 2017 are correct.

Dunlap currently serves as president and CEO of Houston-based Superior Energy Services Inc.

Shares of Baker Hughes opened at 41.99 on Tuesday. Baker Hughes has a one year low of $39.40 and a one year high of $81.00. The company has a market cap of $18.412 billion and a P/E ratio of 10.61. Baker Hughes last issued its quarterly earnings data on Tuesday, April 24th.

Oilfield service company Baker Hughes Inc said Monday that it appointed former Sunoco, Inc.

The number of rigs actively exploring for oil and natural gas in the U.S. is up 12 this week to 1,986. Houston-based oilfield services company Baker Hughes Inc.

The number of rigs drilling for natural gas in the United States rose slightly this week, reversing a decline that had brought the rig count to a 10-year low.

BHI has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of Baker Hughes from a "neutral" rating to an "underperform" rating in a research note to investors on Tuesday, May 1st.

Fundamental analysis is only half the battle. One of the thorny aspects of investing is that even after performing the greatest due diligence in the world and thinking a stock is an absolute steal at a certain price, a stock, for a variety of reasons, can continue to sell off in a major way.

The number of active Pennsylvania gas drilling rigs is continuing to decline, while the number in West Virginia is increasing.

The number of rigs actively exploring for oil and natural gas in the U.S. is up nine this week to 1,974, but New Mexico and Colorado each lost one rig.

The number of rigs drilling for natural gas in the United States fell this week to the lowest level in 10 years as still-low gas prices encouraged producers to further slow dry gas operations.

Development of oil and natural gas across South Texas' Eagle Ford Shale contributed $25 billion in economic output to the region last year, according to a study released Wednesday by the University of Texas at San Antonio's The study also projects work in the formation, which runs through 24 counties south of San Antonio, will create 117,000 ... (more)

HOUSTON, May 9, 2012 /PRNewswire/ -- Oceaneering International, Inc. announced that Roderick A. Larson has agreed to join Oceaneering as Senior Vice President and Chief Operating Officer.

The 2012 high school softball season came to a close far too quickly, but you don't have to tell... HOUSTON - The number of rigs actively exploring for oil and natural gas in the U.S. is up 20 this week to 1,965. Houston-based oilfield services company Baker Hughes Inc.

U.S. energy producers this week trimmed the number of rigs drilling for natural gas to another 10-year low, as low prices kept squeezing profits and forced some to curb dry gas drilling operations.

The number of rigs actively exploring for oil and natural gas in the U.S. is up 20 this week to 1,965. Houston-based oilfield services company Baker Hughes Inc.

At an event that was both refreshing and disconcerting, energy information technology professionals admitted something not often heard publicly: There are problems in the system, and - what is possibly more surprising - companies aren't sure how to fix them.