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The Baker Hughes International Rig Count now includes active drilling rigs in Ukraine Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for May 2019 was 1,126, up 64 from the 1,062 counted in April 2019, and up 159 from the 967 co...
Source: Forbes I have been bearish on the global economy for several years now. I fancy myself as an expert on cyclical businesses, including oil and gas. Over the past few years, prices have been buoyed by OPEC supply cuts. At some point, oil prices and the prospects of oil services names...
Source: Bloomberg I have been a bear on oil services names for a while. Brent oil prices have been volatile. They hovered around $70 earlier last month, but now are in the low $60 range. Oil prices have been impacted by certain supply cuts by OPEC. At some point, prices could be driven by ...
Introduction It is perhaps noteworthy that no one has written an article on Baker Hughes General Electric ( BHGE ) since January of this year. That's quite a gap in coverage, but is perhaps understandable, given the malaise that hangs over the oilfield service space at the present. Quite sim...
The trade war with China has caused investors to overlook catalysts for firming oil prices and put another chill in oil stock prices. The trade war will end eventually. In the meantime, China is stimulating and the U.S. Federal Reserve is about to end QT - Quantitative Tightening. Catalysts ...
It seems like just yesterday that General Electric ( GE ) was one of the biggest and most discussed companies in the world. Jack Welch made mistakes, but GE was always seen as a bellwether for the US economy over the last several decades. Today the negatives GE faced are being focused on too...
Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for April 2019 was 1,062, up 23 from the 1,039 counted in March 2019, and up 84 from the 978 counted in April 2018. The international offshore rig count for April 2019 was 251, up 4 from the ...
Baker Hughes, a GE company (BHGE) Q1 2019 Results Earnings Conference Call April 30, 2019 9:30 AM ET Company Participants Phil Mueller – Vice President, Investor Relations Lorenzo Simonelli – Chairman and Chief Executive Officer Brian Worrell – Chief Financia...
Baker Hughes ( BHGE -5.5% ) sinks as much as 8.5% after reporting negative free cash flow for Q1 at a time energy investors have been pushing companies to aggressively shore up capital for dividends and buybacks. More news on: Baker Hughes, a GE company, Energy stocks news, Earnings ne...
Baker Hughes GE (NYSE: BHGE ) reports generally in-line Q1 results , helped by higher demand for its equipment and services from international customers. More news on: Baker Hughes, a GE company, Read more ...
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Image source: The Motley Fool. Baker Hughes, a GE company (NYSE: BHGE) Q3 2019 Earnings Call Oct. 30, 2019 , 9:00 a.m. ET Operator Continue reading
Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for September 2019 was 1,131, down 7 from the 1,138 counted in August 2019, and up 127 from the 1,004 counted in September 2018. The international offshore rig count for September 2019 was 242...