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
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As Baker Hughes has considerably outperformed the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.
Investing.com -- Barclays has upgraded its energy services industry view to Positive, arguing that the Middle East supply shock will prove to be a market-defining event that drives structurally higher oil prices and a multiyear upstream spending cycle.
Equinor has extended key supplier contracts for drilling and well services on the Norwegian Continental Shelf, with an aggregate value of about NOK 17b. The multi year extensions with Baker Hughes, Halliburton, SLB and others are aimed at maintaining offshore Norway production and supporting stable energy supply to Europe. The company plans to continue drilling 20 to 30 exploration wells per year to help manage expected production declines through new discoveries and projects. For...
Equinor extends $1.8 billion in drilling contracts with Baker Hughes, Halliburton, and SLB to sustain output on Norway’s continental shelf.
For the last two years, investors were trained to chase anything tied to artificial intelligence. Semiconductor stocks. Cloud stocks. Power-grid plays. If it touched a data center, Wall Street wanted in. Then 2026 happened. Suddenly, the market’s leadership changed. The flashy growth names cooled off while one of the market’s oldest industries started printing gains ... Energy Stocks Are Crushing the Market in 2026 — and Trump Could Keep the Rally Alive
Viewing insider transactions for Baker Hughes Company's ( NASDAQ:BKR ) over the last year, we see that insiders were...
Is WHD a good stock to buy? We came across a bullish thesis on Cactus, Inc. on Valueinvestorsclub.com by pokey351. In this article, we will summarize the bulls’ thesis on WHD. Cactus, Inc.’s share was trading at $55.77 as of April 29th. WHD’s trailing and forward P/E were 23.20 and 48.08 respectively according to Yahoo Finance. Cactus […]
Baker Hughes stock soared over the past week after it beat Q1 estimates for revenue and earnings.
The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 241 rigs active in the region. A year ago, 287 rigs were active in the region. Nationally, the oil and gas rig count is up three from last week at 547 rigs. A year ago, 584 rigs were active. The count shows that 408 rigs sought oil, up one from the previous week, and 130 explored for ...