Friday 5-16-2014 Baker Hughes Inc (BHI) $BHI opened at 68.74 hitting the high price of 69.00 and a day low of 68.28 with a total volume of 2,658,200. BHI had a previous close of 68.92 and has been seeing an average volume of 4,326,480.
Overall Average: 16% Buy
Recent stock forum discussions about BHI http://investorshangout.com/search?q=BHI&...mp;yt0=Go!
US rig count up 6 to 1,861
AP - Fri May 16, 12:52PM CDT
HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by six this week to 1,861. (full story)
Coverage on Energy Sector Services Stocks -- Research on Halliburton, Baker Hughes, Hornbeck Offshore Services, and Cal Dive Intl.
PR Newswire - Fri May 16, 10:47AM CDT
On Thursday, May 15, 2014, the NASDAQ Composite ended at 4,069.29, down 0.76 %, the Dow Jones Industrial Average fell 1.01 %, to finish the day at 16,446.81, and the S&P 500 closed at 1,870.85, down 0.94 %. The loss were broad based with nine out of ten sectors ending the session in negative. The S&P 500 Energy Sector Index ended the day at 683.03, down 1.31 %, whereas the index has gained 8.92% in the previous three months. Investor-Edge has initiated coverage on the following equities: Halliburton Company (NYSE: HAL), Baker Hughes Inc. (NYSE: BHI), Hornbeck Offshore Services Inc. (NYSE: HOS) and Cal Dive International Inc. (NYSE: DVR). Free technical research on HAL, BHI, HOS and DVR can be downloaded upon signing up at: (full story)
Baker Hughes Has Returned 23.2% Since SmarTrend Recommendation (BHI)
Comtex SmarTrend(R) - Thu May 15, 4:45PM CDT
SmarTrend identified an Uptrend for Baker Hughes (NYSE:BHI) on January 21st, 2014 at $55.95. In approximately 4 months, Baker Hughes has returned 23.18% as of today's recent price of $68.92. (full story)
Watch for Baker Hughes to Potentially Rebound After Falling 1.80% Yesterday
Comtex SmarTrend(R) - Thu May 15, 4:04PM CDT
Baker Hughes (NYSE:BHI) traded in a range yesterday that spanned from a low of $67.67 to a high of $70.00. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $69.11 on volume of 4.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. (full story)
After Yesterday's Decline of 1.80%, Baker Hughes Offers Investors Better Value
Comtex SmarTrend(R) - Thu May 15, 4:04PM CDT
Baker Hughes (NYSE:BHI) traded in a range yesterday that spanned from a low of $67.67 to a high of $70.00. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $69.11 on volume of 4.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. (full story)
Baker Hughes Inc Continues to Outperform Its End Markets
Lee Samaha, The Motley Fool - Motley Fool - Thu May 15, 3:12PM CDT
Prospects for oil services company Baker Hughes are never really going to be divorced from the outlook for energy prices. However, the company has made great strides in operationally adjusting to flattish energy markets over the last year.... (full story)
Research and Markets: Global Drilling Waste Management Market 2014-2018: Baker Hughes Inc., Halliburton Co., Schlumberger Ltd., Scomi Group Bhd & Weatherford International Ltd Dominates
Business Wire - Thu May 15, 10:50AM CDT
Research and Markets (http://www.researchandmarkets.com/research/dk5s6x/global_drilling) has announced the addition of the "Global Drilling Waste Management Market 2014-2018" report to their offering. (full story)
Is National Oilwell Varco Inc. About to Become an Income Investor’s Dream Stock?
Matt DiLallo, The Motley Fool - Motley Fool - Thu May 15, 9:45AM CDT
Photo credit: Seadrill National Oilwell Varco has a big problem that only seems to grow over time. While the oil-field services specialist's business might not be firing on all cylinders, that's not stopping its cash flow from growing, nor is... (full story)
Global Drilling Waste Management Market 2014-2018: Baker Hughes Inc., Halliburton Co., Schlumberger Ltd., Scomi Group Bhd & Weatherford International Ltd Dominates
M2 - Thu May 15, 8:57AM CDT
Research and Markets (http://www.researchandmarkets.com/research/s525kn/global_drilling) has announced the addition of the "Global Drilling Waste Management Market 2014-2018" report to their offering. The Global Drilling Waste Management market will grow at a CAGR of 13% to 2018 Drilling waste management helps reduce the environmental impact of oil and gas drilling. Drilling waste management focuses on both environmental protection and cost-effectiveness by recycling the usable waste from drilling. The first step of drilling waste management is to separate solid waste from drilling fluids. After the solid waste has been removed from drilling fluids then a variety of technologies and practices can be used to manage the waste generated from drilling. Over the years, there has been a tremendous increase in technological advancements that has led to the reduction of waste generated from drilling. These technological advancements include cuttings slurrification and re-injection, de-watering, water treatment, vacuum collection, and cuttings drying. Also, market vendors are increasing their investments in R&D, which in turn is reducing the time in waste collection, treatment, and disposal. Therefore, rapid technological advancements are expected to propel the growth of the Global Drilling Waste Management market during the forecast period. According to the report, the growth of the Global Drilling Waste Management market is driven by several factors, including increasing concerns over the environment. An increase in drilling activities worldwide has raised environmental concerns; therefore, there is a rise in the adoption of various waste management services. This is expected to propel the growth of the market during the forecast period. Further, the report states that drilling waste management requires high investments for the purchase of facilities and heavy equipment, which increases the overall cost of the drilling waste project. This could have a negative impact on the market growth rate during the forecast period. Key Vendors - Baker Hughes Inc. - Halliburton Co. - Schlumberger Ltd. - Scomi Group Bhd - Weatherford International Ltd. Other Prominent Vendors - Augean plc - Derrick Corp. - GN Solids Control Co. Ltd. - Imdex Ltd. - Kosun Group - National Oilwell Varco Inc. - Newalta Corp. - Ridgeline Energy Services Inc. - Secure Energy Services Inc. - Soiltech AS - Soli-Bond Inc. - Specialty Drilling Fluids Ltd. - Step Oil Tools LLC - Tervita Corp. For more information visit http://www.researchandmarkets.com/research/s5...l_drilling (full story)
Stock Price Updates, Earnings Releases, and Dividend Declarations - Analyst Notes on ExxonMobil, Core, Vale, Peabody Energy and Baker Hughes
PR Newswire - Thu May 15, 6:00AM CDT
Today, Analysts Review released its analysts' notes regarding Exxon Mobil Corporation (NYSE: XOM), Core Laboratories NV (NYSE: CLB), Vale S.A. (NYSE: VALE), Peabody Energy Corp. (NYSE: BTU) and Baker Hughes Incorporated (NYSE: BHI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2488-100free. (full story)
Baker Hughes to Present at UBS Global Oil and Gas Conference
PR Newswire - Wed May 14, 3:49PM CDT
Baker Hughes Incorporated (NYSE: BHI) announced today that the Company's Senior Vice President and Chief Financial Officer, Peter A. Ragauss, will present at the UBS Global Oil and Gas Conference on Tuesday, May 20, 2014, at 9:05 a.m. Eastern time. (full story)
Next Resistance Level for Baker Hughes (BHI) is $70.77
Comtex SmarTrend(R) - Wed May 14, 9:33AM CDT
Shares of Baker Hughes (NYSE:BHI) have bullishly opened above the pivot of $69.81 today and have reached the first resistance level of $70.38. Analysts will be watching for a cross of the next upside pivot targets of $70.77 and $71.73. (full story)
Will This Price Target Increase Help Baker Hughes (BHI) Stock Today?
at The Street - Wed May 14, 8:07AM CDT
Credit Suisse increases its price target for Baker Hughes (BHI) to $96 following an upbeat analyst meeting. (full story)
These Companies Raised Their Dividends Last Week
Eric Volkman, The Motley Fool - Motley Fool - Tue May 13, 1:00PM CDT
Last week was kind to dividend investors; by my count, 10 companies raised their shareholder payouts. The one garnering the most headlines was a highflier in more ways than one. Delta Air Lines said it will hand out a $0.09-per-share quarterly... (full story)
Jim Cramer's Stop Trading: Permian Basin Is 'Red Hot'
at The Street - Tue May 13, 10:15AM CDT
TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, continues to point out the strength in companies that operate in the 'red hot' Permian basin. (full story)
Global Well Intervention Services Market 2014-2018: Aker Solutions ASA, Baker Hughes Inc., and Schlumberger Ltd. Dominates the Industry
M2 - Tue May 13, 8:07AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3sp2jt/global_well) has announced the addition of the "Global Well Intervention Services Market 2014-2018: Aker Solutions ASA, Baker Hughes Inc., and Schlumberger Ltd. Dominate the Industry" report to their offering. The Global Well Intervention Services market to grow at a CAGR of 11% to 2018 The increasing industrialization of developing countries, mainly in the APAC region, such as India and China, is driving the demand for energy. This is one of the major drivers in this market. The Well Intervention industry has always had the challenging task of optimizing the production of energy. The key players in the industry have resorted to various innovative mechanisms in order to meet the objective, including minimizing in-hole well time by deployment of multi-purpose tool strings, which has created significant cost advantages to the Well Intervention Services industry. The industry is widely adopting multi-data collection instruments and systems that provide precise information about the health of the well, such as the overall oil reserve content, and the geological characteristics of the terrain. However, intervention service providers need to focus on the integrity and functionality of this cost-intensive equipment as it is largely used remotely. The increasing adoption of multi-data collection instruments and systems is expected to favor the Global Well Intervention Services market during the forecast period. Further, the report states that one of the major challenges in the market is the aging shallow water oil reserves. The cost of technological expertise and equipment needed to manage deep water greenfield wells is high and prohibits many well intervention service vendors from carrying out their intervention plans. Key vendors dominating this space are: - Aker Solutions ASA - Baker Hughes Inc - Schlumberger Ltd. Other vendors mentioned in the report are: - Archer Well Company, Inc - EXPRO International Group Holdings Ltd - Halliburton Energy Services Co - Helix Energy Solutions Group Inc. - Weatherford International Ltd. For more information visit http://www.researchandmarkets.com/research/3s...lobal_well (full story)
Will This Analyst Downgrade Hurt Baker Hughes (BHI) Stock Today?
at The Street - Tue May 13, 8:01AM CDT
Bernstein downgraded Baker Hughes (BHI) to "market perform" and "outperform" and set a $77 price target. The firm noted the company is exiting value territory and material positive revisions are now required. (full story)
Downgrade Alert for Baker Hughes (BHI)
Comtex SmarTrend(R) - Tue May 13, 6:57AM CDT
Baker Hughes (NYSE:BHI) was downgraded from Outperform to Market Perform at Bernstein today. The stock closed yesterday at $70.10 on volume of 3.5 million shares, below average daily volume of 4.0 million. Baker Hughes Incorporated supplies reservoir-centered products, services, and systems to the worldwide oil and gas industry. The Company provides products and services for oil and gas exploration, drilling, completion, and production. Baker Hughes also manufactures and markets a variety of roller cutter bits and fixed cutter diamond bits. (full story)
Weatherford International Ltd: Cutting Revenue in Order to Grow Margins
Mark Holder, The Motley Fool - Motley Fool - Mon May 12, 9:31AM CDT
Shares of Weatherford International Ltd surged to multi-year highs following the news of a solid quarter. The oilfield services firm has long been pressured by disappointing results and struggling operations, but the management team might finally... (full story)
Baker Hughes announces higher dividend of USD0.17 per share for quarter
M2 - Mon May 12, 3:01AM CDT
Supplier of oilfield services, products, technology and systems Baker Hughes Incorporated's (NYSE:BHI) board of directors authorised a regular common stock cash dividend of USD0.17 per share for the quarter, a USD0.02 or 13% increase over the previous quarter, the company revealed on Friday. (full story)
Overall Average: 16% Buy
Recent stock forum discussions about BHI http://investorshangout.com/search?q=BHI&...mp;yt0=Go!
US rig count up 6 to 1,861
AP - Fri May 16, 12:52PM CDT
HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by six this week to 1,861. (full story)
Coverage on Energy Sector Services Stocks -- Research on Halliburton, Baker Hughes, Hornbeck Offshore Services, and Cal Dive Intl.
PR Newswire - Fri May 16, 10:47AM CDT
On Thursday, May 15, 2014, the NASDAQ Composite ended at 4,069.29, down 0.76 %, the Dow Jones Industrial Average fell 1.01 %, to finish the day at 16,446.81, and the S&P 500 closed at 1,870.85, down 0.94 %. The loss were broad based with nine out of ten sectors ending the session in negative. The S&P 500 Energy Sector Index ended the day at 683.03, down 1.31 %, whereas the index has gained 8.92% in the previous three months. Investor-Edge has initiated coverage on the following equities: Halliburton Company (NYSE: HAL), Baker Hughes Inc. (NYSE: BHI), Hornbeck Offshore Services Inc. (NYSE: HOS) and Cal Dive International Inc. (NYSE: DVR). Free technical research on HAL, BHI, HOS and DVR can be downloaded upon signing up at: (full story)
Baker Hughes Has Returned 23.2% Since SmarTrend Recommendation (BHI)
Comtex SmarTrend(R) - Thu May 15, 4:45PM CDT
SmarTrend identified an Uptrend for Baker Hughes (NYSE:BHI) on January 21st, 2014 at $55.95. In approximately 4 months, Baker Hughes has returned 23.18% as of today's recent price of $68.92. (full story)
Watch for Baker Hughes to Potentially Rebound After Falling 1.80% Yesterday
Comtex SmarTrend(R) - Thu May 15, 4:04PM CDT
Baker Hughes (NYSE:BHI) traded in a range yesterday that spanned from a low of $67.67 to a high of $70.00. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $69.11 on volume of 4.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. (full story)
After Yesterday's Decline of 1.80%, Baker Hughes Offers Investors Better Value
Comtex SmarTrend(R) - Thu May 15, 4:04PM CDT
Baker Hughes (NYSE:BHI) traded in a range yesterday that spanned from a low of $67.67 to a high of $70.00. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $69.11 on volume of 4.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. (full story)
Baker Hughes Inc Continues to Outperform Its End Markets
Lee Samaha, The Motley Fool - Motley Fool - Thu May 15, 3:12PM CDT
Prospects for oil services company Baker Hughes are never really going to be divorced from the outlook for energy prices. However, the company has made great strides in operationally adjusting to flattish energy markets over the last year.... (full story)
Research and Markets: Global Drilling Waste Management Market 2014-2018: Baker Hughes Inc., Halliburton Co., Schlumberger Ltd., Scomi Group Bhd & Weatherford International Ltd Dominates
Business Wire - Thu May 15, 10:50AM CDT
Research and Markets (http://www.researchandmarkets.com/research/dk5s6x/global_drilling) has announced the addition of the "Global Drilling Waste Management Market 2014-2018" report to their offering. (full story)
Is National Oilwell Varco Inc. About to Become an Income Investor’s Dream Stock?
Matt DiLallo, The Motley Fool - Motley Fool - Thu May 15, 9:45AM CDT
Photo credit: Seadrill National Oilwell Varco has a big problem that only seems to grow over time. While the oil-field services specialist's business might not be firing on all cylinders, that's not stopping its cash flow from growing, nor is... (full story)
Global Drilling Waste Management Market 2014-2018: Baker Hughes Inc., Halliburton Co., Schlumberger Ltd., Scomi Group Bhd & Weatherford International Ltd Dominates
M2 - Thu May 15, 8:57AM CDT
Research and Markets (http://www.researchandmarkets.com/research/s525kn/global_drilling) has announced the addition of the "Global Drilling Waste Management Market 2014-2018" report to their offering. The Global Drilling Waste Management market will grow at a CAGR of 13% to 2018 Drilling waste management helps reduce the environmental impact of oil and gas drilling. Drilling waste management focuses on both environmental protection and cost-effectiveness by recycling the usable waste from drilling. The first step of drilling waste management is to separate solid waste from drilling fluids. After the solid waste has been removed from drilling fluids then a variety of technologies and practices can be used to manage the waste generated from drilling. Over the years, there has been a tremendous increase in technological advancements that has led to the reduction of waste generated from drilling. These technological advancements include cuttings slurrification and re-injection, de-watering, water treatment, vacuum collection, and cuttings drying. Also, market vendors are increasing their investments in R&D, which in turn is reducing the time in waste collection, treatment, and disposal. Therefore, rapid technological advancements are expected to propel the growth of the Global Drilling Waste Management market during the forecast period. According to the report, the growth of the Global Drilling Waste Management market is driven by several factors, including increasing concerns over the environment. An increase in drilling activities worldwide has raised environmental concerns; therefore, there is a rise in the adoption of various waste management services. This is expected to propel the growth of the market during the forecast period. Further, the report states that drilling waste management requires high investments for the purchase of facilities and heavy equipment, which increases the overall cost of the drilling waste project. This could have a negative impact on the market growth rate during the forecast period. Key Vendors - Baker Hughes Inc. - Halliburton Co. - Schlumberger Ltd. - Scomi Group Bhd - Weatherford International Ltd. Other Prominent Vendors - Augean plc - Derrick Corp. - GN Solids Control Co. Ltd. - Imdex Ltd. - Kosun Group - National Oilwell Varco Inc. - Newalta Corp. - Ridgeline Energy Services Inc. - Secure Energy Services Inc. - Soiltech AS - Soli-Bond Inc. - Specialty Drilling Fluids Ltd. - Step Oil Tools LLC - Tervita Corp. For more information visit http://www.researchandmarkets.com/research/s5...l_drilling (full story)
Stock Price Updates, Earnings Releases, and Dividend Declarations - Analyst Notes on ExxonMobil, Core, Vale, Peabody Energy and Baker Hughes
PR Newswire - Thu May 15, 6:00AM CDT
Today, Analysts Review released its analysts' notes regarding Exxon Mobil Corporation (NYSE: XOM), Core Laboratories NV (NYSE: CLB), Vale S.A. (NYSE: VALE), Peabody Energy Corp. (NYSE: BTU) and Baker Hughes Incorporated (NYSE: BHI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2488-100free. (full story)
Baker Hughes to Present at UBS Global Oil and Gas Conference
PR Newswire - Wed May 14, 3:49PM CDT
Baker Hughes Incorporated (NYSE: BHI) announced today that the Company's Senior Vice President and Chief Financial Officer, Peter A. Ragauss, will present at the UBS Global Oil and Gas Conference on Tuesday, May 20, 2014, at 9:05 a.m. Eastern time. (full story)
Next Resistance Level for Baker Hughes (BHI) is $70.77
Comtex SmarTrend(R) - Wed May 14, 9:33AM CDT
Shares of Baker Hughes (NYSE:BHI) have bullishly opened above the pivot of $69.81 today and have reached the first resistance level of $70.38. Analysts will be watching for a cross of the next upside pivot targets of $70.77 and $71.73. (full story)
Will This Price Target Increase Help Baker Hughes (BHI) Stock Today?
at The Street - Wed May 14, 8:07AM CDT
Credit Suisse increases its price target for Baker Hughes (BHI) to $96 following an upbeat analyst meeting. (full story)
These Companies Raised Their Dividends Last Week
Eric Volkman, The Motley Fool - Motley Fool - Tue May 13, 1:00PM CDT
Last week was kind to dividend investors; by my count, 10 companies raised their shareholder payouts. The one garnering the most headlines was a highflier in more ways than one. Delta Air Lines said it will hand out a $0.09-per-share quarterly... (full story)
Jim Cramer's Stop Trading: Permian Basin Is 'Red Hot'
at The Street - Tue May 13, 10:15AM CDT
TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, continues to point out the strength in companies that operate in the 'red hot' Permian basin. (full story)
Global Well Intervention Services Market 2014-2018: Aker Solutions ASA, Baker Hughes Inc., and Schlumberger Ltd. Dominates the Industry
M2 - Tue May 13, 8:07AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3sp2jt/global_well) has announced the addition of the "Global Well Intervention Services Market 2014-2018: Aker Solutions ASA, Baker Hughes Inc., and Schlumberger Ltd. Dominate the Industry" report to their offering. The Global Well Intervention Services market to grow at a CAGR of 11% to 2018 The increasing industrialization of developing countries, mainly in the APAC region, such as India and China, is driving the demand for energy. This is one of the major drivers in this market. The Well Intervention industry has always had the challenging task of optimizing the production of energy. The key players in the industry have resorted to various innovative mechanisms in order to meet the objective, including minimizing in-hole well time by deployment of multi-purpose tool strings, which has created significant cost advantages to the Well Intervention Services industry. The industry is widely adopting multi-data collection instruments and systems that provide precise information about the health of the well, such as the overall oil reserve content, and the geological characteristics of the terrain. However, intervention service providers need to focus on the integrity and functionality of this cost-intensive equipment as it is largely used remotely. The increasing adoption of multi-data collection instruments and systems is expected to favor the Global Well Intervention Services market during the forecast period. Further, the report states that one of the major challenges in the market is the aging shallow water oil reserves. The cost of technological expertise and equipment needed to manage deep water greenfield wells is high and prohibits many well intervention service vendors from carrying out their intervention plans. Key vendors dominating this space are: - Aker Solutions ASA - Baker Hughes Inc - Schlumberger Ltd. Other vendors mentioned in the report are: - Archer Well Company, Inc - EXPRO International Group Holdings Ltd - Halliburton Energy Services Co - Helix Energy Solutions Group Inc. - Weatherford International Ltd. For more information visit http://www.researchandmarkets.com/research/3s...lobal_well (full story)
Will This Analyst Downgrade Hurt Baker Hughes (BHI) Stock Today?
at The Street - Tue May 13, 8:01AM CDT
Bernstein downgraded Baker Hughes (BHI) to "market perform" and "outperform" and set a $77 price target. The firm noted the company is exiting value territory and material positive revisions are now required. (full story)
Downgrade Alert for Baker Hughes (BHI)
Comtex SmarTrend(R) - Tue May 13, 6:57AM CDT
Baker Hughes (NYSE:BHI) was downgraded from Outperform to Market Perform at Bernstein today. The stock closed yesterday at $70.10 on volume of 3.5 million shares, below average daily volume of 4.0 million. Baker Hughes Incorporated supplies reservoir-centered products, services, and systems to the worldwide oil and gas industry. The Company provides products and services for oil and gas exploration, drilling, completion, and production. Baker Hughes also manufactures and markets a variety of roller cutter bits and fixed cutter diamond bits. (full story)
Weatherford International Ltd: Cutting Revenue in Order to Grow Margins
Mark Holder, The Motley Fool - Motley Fool - Mon May 12, 9:31AM CDT
Shares of Weatherford International Ltd surged to multi-year highs following the news of a solid quarter. The oilfield services firm has long been pressured by disappointing results and struggling operations, but the management team might finally... (full story)
Baker Hughes announces higher dividend of USD0.17 per share for quarter
M2 - Mon May 12, 3:01AM CDT
Supplier of oilfield services, products, technology and systems Baker Hughes Incorporated's (NYSE:BHI) board of directors authorised a regular common stock cash dividend of USD0.17 per share for the quarter, a USD0.02 or 13% increase over the previous quarter, the company revealed on Friday. (full story)
