Baker Hughes Inc (BHI) 46.19 $BHI
Stock Market News for June 13, 2016
Zacks Equity Research - Zacks Investment Research - 2 hrs 1 min ago
Benchmarks ended in the red for the second consecutive day on Friday as concerns regarding “Brexit” raised global growth worries
PXD: 162.55 (+3.00), GS: 149.34 (-0.55), JPM: 63.66 (-0.18), C: 43.63 (-0.27), EOG: 82.57 (+1.01), XOM: 90.94 (+0.96), COP: 44.60 (+0.09), WFC: 48.10 (-0.24), BAC: 13.75 (-0.08), CVX: 102.43 (+0.45), BHI: 46.19 (+0.25)
US Rig Count Up by 6, More Drilling Activity Seen on Land
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 6:51AM CDT
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a higher U.S. rig count.
HAL: 44.53 (+0.15), WFT: 6.62 (+0.04), SLB: 78.27 (-0.26), BHI: 46.19 (+0.25)
US rig count rises 6 this week to 414, 2nd week of gains
AP - Fri Jun 10, 4:52PM CDT
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. rose by six this week to 414, the second consecutive week the count has increased after a slide that lasted months and pushed the count to record-low levels amid collapsed energy prices.
BHI: 46.19 (+0.25)
Baker Hughes Announces Pricing Terms of Tender Offer for Certain Outstanding Debt Securities
BusinessWire - Thu Jun 09, 3:38PM CDT
Baker Hughes Incorporated (the "Company"
(NYSE:BHI) announced today the pricing terms of its previously announced cash tender offer (the "Tender Offer" for up to $1 billion combined aggregate principal amount (the "Maximum Tender Amount" of its or its subsidiary's 6.000% Senior Notes due 2018, 7.500% Senior Notes due 2018, 3.200% Senior Notes due 2021, 8.550% Debentures due 2024, 6.875% Notes due 2029 and 5.125% Senior Notes due 2040 (collectively, the "Notes". The Tender Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase, dated May 25, 2016, and the related Letter of Transmittal (as they may be amended or supplemented, the "Tender Offer Documents".
BHI: 46.19 (+0.25)
Baker Hughes Announces Early Results of Tender Offer for Certain Outstanding Debt Securities
BusinessWire - Thu Jun 09, 8:00AM CDT
Baker Hughes Incorporated (the "Company" (NYSE:BHI) announced today that, pursuant to its previously announced cash tender offer (the "Tender Offer" for up to $1 billion combined aggregate principal amount (the "Maximum Tender Amount" of its or its subsidiary's 6.000% Senior Notes due 2018, 7.500% Senior Notes due 2018, 3.200% Senior Notes due 2021, 8.550% Debentures due 2024, 6.875% Notes due 2029 and 5.125% Senior Notes due 2040 (collectively, the "Notes", approximately $1.095 billion in combined aggregate principal amount of the Notes was validly tendered and not validly withdrawn at or prior to 5 p.m., New York City time, on June 8, 2016, the early tender date for the Tender Offer (the "Early Tender Date". The Tender Offer is being made upon the terms and is subject to the conditions set forth in the Offer to Purchase, dated May 25, 2016, and the related Letter of Transmittal (as they may be amended or supplemented, the "Tender Offer Documents".
BHI: 46.19 (+0.25)
Crude Oil Hits $50: Energy Stock Winners Year to Date
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 6:48AM CDT
A new ray of hope can be seen in the energy space with the crude barrier for both Brent and WTI breaching the $50 per barrel.
RDS.A: 50.94 (-0.37), TOT: 46.63 (-0.57), BBG: 7.78 (+0.04), XOM: 90.94 (+0.96), BP: 31.95 (-0.27), DNR: 3.95 (+0.13), DWSN: 8.24 (+0.17), SWN: 13.11 (-0.04), BHI: 46.19 (+0.25)
The Zacks Analyst Blog Highlights: Baker Hughes, China Petroleum & Chemical, World Point Terminals, Tallgrass Energy and Murphy USA
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:30AM CDT
The Zacks Analyst Blog Highlights: Baker Hughes, China Petroleum & Chemical, World Point Terminals, Tallgrass Energy and Murphy USA
WPT: 15.10 (-0.09), SNP: 69.35 (-0.74), MUSA: 69.13 (-0.84), TEGP: 24.10 (-0.54), BHI: 46.19 (+0.25)
Baker Hughes Announces May 2016 Rig Counts
BusinessWire - Tue Jun 07, 5:00AM CDT
Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2016 was 955 up 9 from the 946 counted in April 2016, and down 203 from the 1,158 counted in May 2015. The international offshore rig count for May 2016 was 229, up 9 from the 220 counted in April 2016, and down 55 from the 284 counted in May 2015.
BHI: 46.19 (+0.25)
SmarTrend Watching for Potential Pullback in Shares of Baker Hughes After 5.89% Gain
Comtex SmarTrend(R) - Mon Jun 06, 1:48PM CDT
Baker Hughes (NYSE:BHI) traded in a range yesterday that spanned from a low of $46.68 to a high of $49.09. Yesterday, the shares gained 5.9%, which took the trading range above the 3-day high of $46.94 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BHI: 46.19 (+0.25)
Baker Hughes Set to Possibly Pullback After Yesterday's Rally of 5.89%
Comtex SmarTrend(R) - Mon Jun 06, 1:46PM CDT
Baker Hughes (NYSE:BHI) traded in a range yesterday that spanned from a low of $46.68 to a high of $49.09. Yesterday, the shares gained 5.9%, which took the trading range above the 3-day high of $46.94 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BHI: 46.19 (+0.25)
Watch for Shares of Baker Hughes (BHI) to Approach Resistance at $47.12
Comtex SmarTrend(R) - Mon Jun 06, 8:52AM CDT
Shares of Baker Hughes (NYSE:BHI) opened today above their pivot of $46.22 and have already reached the first level of resistance at $46.68. Should the shares continue to rise, the resistance pivots of $47.12 and $48.02 will be of interest.
BHI: 46.19 (+0.25)
US Oil Rig Count Sees Biggest Rise in 2016: 4 Energy Picks
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 7:58AM CDT
In its latest weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported the biggest weekly rise in 2016 for the U.S. oil rig count.
WPT: 15.10 (-0.09), SNP: 69.35 (-0.74), MUSA: 69.13 (-0.84), TEGP: 24.10 (-0.54), BHI: 46.19 (+0.25)
Specialty Chemical Market to Grow at 3.79% CAGR in Oil and Gas Industry
PR Newswire Europe - Mon Jun 06, 5:01AM CDT
PUNE, India, June 6, 2016 /PRNewswire/ --
BHI: 46.19 (+0.25)
US rig count rises 4 this week to 408, up from record low
AP - Fri Jun 03, 1:59PM CDT
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. rose by four this week to 408, the first gain in months and halting a slide that pushed the count to record-low levels amid collapsed energy prices.
BHI: 46.19 (+0.25)
Dow 30 Stock Roundup: Boeing Wins $3.2B Airforce Contract, Microsoft Sells Patents to Xiaomi
Swarup Gupta - Zacks Investment Research - Fri Jun 03, 10:00AM CDT
The Dow declined over a relatively subdued holiday shortened week.
ADP: 87.31 (+0.22), JPM: 63.66 (-0.18), UNH: 138.55 (-0.69), CVX: 102.43 (+0.45), MSFT: 50.16 (-1.32), BA: 130.67 (-0.47), VZ: 52.66 (-0.01), BHI: 46.19 (+0.25)
Colorado's new, higher oil and gas fines are biting industry
By DAN ELLIOTT - AP - Wed Jun 01, 4:31PM CDT
DENVER (AP) — Colorado is imposing heftier fines on energy companies as the state struggles to resolve conflicts between growing cities and big oilfields at their doorstep, an Associated Press analysis shows.
BHI: 46.19 (+0.25)
Baker Hughes Rises 1.03% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Wed Jun 01, 1:43PM CDT
Baker Hughes (NYSE:BHI) traded in a range yesterday that spanned from a low of $45.23 to a high of $46.94. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $46.86 on volume of 1.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BHI: 46.19 (+0.25)
Baker Hughes Set to Possibly Pullback After Yesterday's Rally of 1.03%
Comtex SmarTrend(R) - Wed Jun 01, 1:41PM CDT
Baker Hughes (NYSE:BHI) traded in a range yesterday that spanned from a low of $45.23 to a high of $46.94. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $46.86 on volume of 1.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BHI: 46.19 (+0.25)
Stock Market News for June 13, 2016
Zacks Equity Research - Zacks Investment Research - 2 hrs 1 min ago
Benchmarks ended in the red for the second consecutive day on Friday as concerns regarding “Brexit” raised global growth worries
PXD: 162.55 (+3.00), GS: 149.34 (-0.55), JPM: 63.66 (-0.18), C: 43.63 (-0.27), EOG: 82.57 (+1.01), XOM: 90.94 (+0.96), COP: 44.60 (+0.09), WFC: 48.10 (-0.24), BAC: 13.75 (-0.08), CVX: 102.43 (+0.45), BHI: 46.19 (+0.25)
US Rig Count Up by 6, More Drilling Activity Seen on Land
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 6:51AM CDT
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a higher U.S. rig count.
HAL: 44.53 (+0.15), WFT: 6.62 (+0.04), SLB: 78.27 (-0.26), BHI: 46.19 (+0.25)
US rig count rises 6 this week to 414, 2nd week of gains
AP - Fri Jun 10, 4:52PM CDT
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. rose by six this week to 414, the second consecutive week the count has increased after a slide that lasted months and pushed the count to record-low levels amid collapsed energy prices.
BHI: 46.19 (+0.25)
Baker Hughes Announces Pricing Terms of Tender Offer for Certain Outstanding Debt Securities
BusinessWire - Thu Jun 09, 3:38PM CDT
Baker Hughes Incorporated (the "Company"
(NYSE:BHI) announced today the pricing terms of its previously announced cash tender offer (the "Tender Offer" for up to $1 billion combined aggregate principal amount (the "Maximum Tender Amount" of its or its subsidiary's 6.000% Senior Notes due 2018, 7.500% Senior Notes due 2018, 3.200% Senior Notes due 2021, 8.550% Debentures due 2024, 6.875% Notes due 2029 and 5.125% Senior Notes due 2040 (collectively, the "Notes". The Tender Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase, dated May 25, 2016, and the related Letter of Transmittal (as they may be amended or supplemented, the "Tender Offer Documents". BHI: 46.19 (+0.25)
Baker Hughes Announces Early Results of Tender Offer for Certain Outstanding Debt Securities
BusinessWire - Thu Jun 09, 8:00AM CDT
Baker Hughes Incorporated (the "Company"
(NYSE:BHI) announced today that, pursuant to its previously announced cash tender offer (the "Tender Offer" for up to $1 billion combined aggregate principal amount (the "Maximum Tender Amount" of its or its subsidiary's 6.000% Senior Notes due 2018, 7.500% Senior Notes due 2018, 3.200% Senior Notes due 2021, 8.550% Debentures due 2024, 6.875% Notes due 2029 and 5.125% Senior Notes due 2040 (collectively, the "Notes", approximately $1.095 billion in combined aggregate principal amount of the Notes was validly tendered and not validly withdrawn at or prior to 5 p.m., New York City time, on June 8, 2016, the early tender date for the Tender Offer (the "Early Tender Date". The Tender Offer is being made upon the terms and is subject to the conditions set forth in the Offer to Purchase, dated May 25, 2016, and the related Letter of Transmittal (as they may be amended or supplemented, the "Tender Offer Documents". BHI: 46.19 (+0.25)
Crude Oil Hits $50: Energy Stock Winners Year to Date
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 6:48AM CDT
A new ray of hope can be seen in the energy space with the crude barrier for both Brent and WTI breaching the $50 per barrel.
RDS.A: 50.94 (-0.37), TOT: 46.63 (-0.57), BBG: 7.78 (+0.04), XOM: 90.94 (+0.96), BP: 31.95 (-0.27), DNR: 3.95 (+0.13), DWSN: 8.24 (+0.17), SWN: 13.11 (-0.04), BHI: 46.19 (+0.25)
The Zacks Analyst Blog Highlights: Baker Hughes, China Petroleum & Chemical, World Point Terminals, Tallgrass Energy and Murphy USA
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:30AM CDT
The Zacks Analyst Blog Highlights: Baker Hughes, China Petroleum & Chemical, World Point Terminals, Tallgrass Energy and Murphy USA
WPT: 15.10 (-0.09), SNP: 69.35 (-0.74), MUSA: 69.13 (-0.84), TEGP: 24.10 (-0.54), BHI: 46.19 (+0.25)
Baker Hughes Announces May 2016 Rig Counts
BusinessWire - Tue Jun 07, 5:00AM CDT
Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2016 was 955 up 9 from the 946 counted in April 2016, and down 203 from the 1,158 counted in May 2015. The international offshore rig count for May 2016 was 229, up 9 from the 220 counted in April 2016, and down 55 from the 284 counted in May 2015.
BHI: 46.19 (+0.25)
SmarTrend Watching for Potential Pullback in Shares of Baker Hughes After 5.89% Gain
Comtex SmarTrend(R) - Mon Jun 06, 1:48PM CDT
Baker Hughes (NYSE:BHI) traded in a range yesterday that spanned from a low of $46.68 to a high of $49.09. Yesterday, the shares gained 5.9%, which took the trading range above the 3-day high of $46.94 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BHI: 46.19 (+0.25)
Baker Hughes Set to Possibly Pullback After Yesterday's Rally of 5.89%
Comtex SmarTrend(R) - Mon Jun 06, 1:46PM CDT
Baker Hughes (NYSE:BHI) traded in a range yesterday that spanned from a low of $46.68 to a high of $49.09. Yesterday, the shares gained 5.9%, which took the trading range above the 3-day high of $46.94 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BHI: 46.19 (+0.25)
Watch for Shares of Baker Hughes (BHI) to Approach Resistance at $47.12
Comtex SmarTrend(R) - Mon Jun 06, 8:52AM CDT
Shares of Baker Hughes (NYSE:BHI) opened today above their pivot of $46.22 and have already reached the first level of resistance at $46.68. Should the shares continue to rise, the resistance pivots of $47.12 and $48.02 will be of interest.
BHI: 46.19 (+0.25)
US Oil Rig Count Sees Biggest Rise in 2016: 4 Energy Picks
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 7:58AM CDT
In its latest weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported the biggest weekly rise in 2016 for the U.S. oil rig count.
WPT: 15.10 (-0.09), SNP: 69.35 (-0.74), MUSA: 69.13 (-0.84), TEGP: 24.10 (-0.54), BHI: 46.19 (+0.25)
Specialty Chemical Market to Grow at 3.79% CAGR in Oil and Gas Industry
PR Newswire Europe - Mon Jun 06, 5:01AM CDT
PUNE, India, June 6, 2016 /PRNewswire/ --
BHI: 46.19 (+0.25)
US rig count rises 4 this week to 408, up from record low
AP - Fri Jun 03, 1:59PM CDT
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. rose by four this week to 408, the first gain in months and halting a slide that pushed the count to record-low levels amid collapsed energy prices.
BHI: 46.19 (+0.25)
Dow 30 Stock Roundup: Boeing Wins $3.2B Airforce Contract, Microsoft Sells Patents to Xiaomi
Swarup Gupta - Zacks Investment Research - Fri Jun 03, 10:00AM CDT
The Dow declined over a relatively subdued holiday shortened week.
ADP: 87.31 (+0.22), JPM: 63.66 (-0.18), UNH: 138.55 (-0.69), CVX: 102.43 (+0.45), MSFT: 50.16 (-1.32), BA: 130.67 (-0.47), VZ: 52.66 (-0.01), BHI: 46.19 (+0.25)
Colorado's new, higher oil and gas fines are biting industry
By DAN ELLIOTT - AP - Wed Jun 01, 4:31PM CDT
DENVER (AP) — Colorado is imposing heftier fines on energy companies as the state struggles to resolve conflicts between growing cities and big oilfields at their doorstep, an Associated Press analysis shows.
BHI: 46.19 (+0.25)
Baker Hughes Rises 1.03% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Wed Jun 01, 1:43PM CDT
Baker Hughes (NYSE:BHI) traded in a range yesterday that spanned from a low of $45.23 to a high of $46.94. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $46.86 on volume of 1.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BHI: 46.19 (+0.25)
Baker Hughes Set to Possibly Pullback After Yesterday's Rally of 1.03%
Comtex SmarTrend(R) - Wed Jun 01, 1:41PM CDT
Baker Hughes (NYSE:BHI) traded in a range yesterday that spanned from a low of $45.23 to a high of $46.94. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $46.86 on volume of 1.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BHI: 46.19 (+0.25)
