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StockStory65d agoneutral
Baker Hughes (BKR) Stock Trades Up, Here Is Why

Shares of energy technology company Baker Hughes (NASDAQ:BKR) jumped 4.1% in the morning session after Israel and Iran launched direct strikes against each other over the weekend, the most significant test of the fragile ceasefire since April, pushing Brent crude briefly above $98 a barrel.

Did New Equinor and Petrobras Deals Just Shift Baker Hughes' (BKR) Investment Narrative?
Simply Wall St.67d agoneutral
Did New Equinor and Petrobras Deals Just Shift Baker Hughes' (BKR) Investment Narrative?

In late May 2026, Baker Hughes announced multi-year contract extensions with Equinor in the North Sea and Petrobras in Brazil’s Santos Basin, expanding its role in offshore drilling, well services and intervention using advanced technologies such as Kantori, TRU-ARMS and the PRIME Technology Platform. These contract wins, alongside an upswing in the U.S. rig count reported by Baker Hughes, highlight how both offshore and onshore activity could influence the company’s longer-term services mix...

Odessa American, Texas68d agoneutral
Basin rig count up two as prices rise

The rig count in the Permian Basin was up two this week, the latest count Friday by Baker Hughes shows, with 257 rigs active in the region. A year ago, 275 rigs were active in the region. Nationally, the oil and gas rig count is up one from last week at 563 rigs. A year ago, 559 rigs were active. The count shows that 431 rigs sought oil, up two from the previous week, and 124 explored for ...

US Drillers Continue to Add Oil Rigs
Oilprice.com68d agoneutral
US Drillers Continue to Add Oil Rigs

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday

Oil Services Are Setting Up to Do It Again, But There’s a Catch the Strait of Hormuz Trade Can’t Ignore
24/7 Wall St.70d agoneutral
Oil Services Are Setting Up to Do It Again, But There’s a Catch the Strait of Hormuz Trade Can’t Ignore

If you put $10,000 into the VanEck Oil Services ETF (NYSEARCA:OIH) at the closing bell on December 31, 2025, you were sitting on roughly $15,100 five months later. The fund opened the year at $285 and closed June 2 at $430, a 51% year-to-date gain. Over the same window, the SPDR S&P 500 ETF Trust ... Oil Services Are Setting Up to Do It Again, But There’s a Catch the Strait of Hormuz Trade Can’t Ignore

Baker Hughes Announces Contract Extensions with Equinor and Petrobras
Insider Monkey73d agoneutral
Baker Hughes Announces Contract Extensions with Equinor and Petrobras

Baker Hughes Company (NASDAQ:BKR) is included among the 14 Best Oil and Gas Stocks to Buy According to Hedge Funds. Baker Hughes Company (NASDAQ:BKR) is an energy technology company that provides solutions for energy and industrial customers worldwide. Baker Hughes Company (NASDAQ:BKR) announced on May 28 that it had secured two contract extensions with Equinor […]

Assessing Baker Hughes (BKR) Valuation After New Offshore Contracts And Energy Transition Growth Initiatives
Simply Wall St.75d agoneutral
Assessing Baker Hughes (BKR) Valuation After New Offshore Contracts And Energy Transition Growth Initiatives

Baker Hughes (BKR) has been in focus after securing new multi year contract extensions with Petrobras in Brazil’s Santos Basin and Equinor in the North Sea, highlighting its offshore drilling and intervention technology footprint. See our latest analysis for Baker Hughes. These offshore contract wins come after a strong year-to-date share price return of 35.51%. However, the stock has pulled back recently, with the 30 day share price return down 7.16% and shorter term momentum fading, despite...

Odessa American, Texas75d agobearish
Basin rig count up five as prices drop

The rig count in the Permian Basin was up five this week, the latest count Friday by Baker Hughes shows, with 255 rigs active in the region. A year ago, 278 rigs were active in the region. Nationally, the oil and gas rig count is up four from last week at 562 rigs. A year ago, 563 rigs were active. The count shows that 429 rigs sought oil, up four from the previous week, and 125 explored for ...

This Oilfield-Services Stock Is Just Getting Started
Barrons.com77d agoneutral
This Oilfield-Services Stock Is Just Getting Started

It took conflict in the Middle East for the market to start paying attention to the energy sector again. The Houston-based company, formerly known as Schlumberger, has an $87 billion market capitalization and is the world’s largest oilfield-services provider, with operations in 120 countries. The rise in oil prices, from about $55 a barrel in early January to a recent price above $90, certainly helps SLB’s case.

Baker Hughes CEO: Data Centers, LNG Fuel Shift Beyond Oilfield Services
MarketBeat77d agoneutral
Baker Hughes CEO: Data Centers, LNG Fuel Shift Beyond Oilfield Services

Baker Hughes (NASDAQ:BKR) Chairman and Chief Executive Officer Lorenzo Simonelli said the company has become “very different” from the traditional oilfield services business it was a decade ago, emphasizing a broader strategy focused on industrial energy solutions, natural gas, power generation and

StockStory77d agoneutral
Why Baker Hughes (BKR) Stock Is Nosediving

Shares of energy technology company Baker Hughes (NASDAQ:BKR) fell 5.5% in the morning session after WTI crude oil plunged on Iran-US peace deal progress and renewed hopes for reopening the Strait of Hormuz.

StockStory77d agoneutral
Why SLB (SLB) Stock Is Trading Lower Today

Shares of oilfield services provider SLB (NYSE:SLB) fell 3.4% in the morning session after WTI crude oil plunged on Iran-US peace deal progress and renewed hopes for reopening the Strait of Hormuz.