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Odessa American, Texas7d agobullish
US rig count up three as prices soar

The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 268 rigs active in the region. A year ago, 254 rigs were active in the region. Nationally, the oil and gas rig count is up three from last week at 591 rigs. A year ago, 539 rigs were active. The count shows that 450 rigs sought oil, up one from the previous week, and 132 explored for ...

U.S. Oil Rig Count Rises as Oil Tops $100
Oilprice.com8d agobullish
U.S. Oil Rig Count Rises as Oil Tops $100

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

Odessa American, Texas14d agobullish
Basin rig count up one as prices surge

The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 268 rigs active in the region. A year ago, 254 rigs were active in the region. Nationally, the oil and gas rig count is unchanged from last week at 588 rigs. A year ago, 537 rigs were active. The count shows that 449 rigs sought oil, up two from the previous week, and 130 explored for ...

2 Reasons to Avoid BKR and 1 Stock to Buy Instead
StockStory14d agobullish
2 Reasons to Avoid BKR and 1 Stock to Buy Instead

Although Baker Hughes (currently trading at $64.05 per share) has gained 5.2% over the last six months, it has trailed the S&P 500’s 11.7% return during that period. This might have investors contemplating their next move.

Baker Hughes tops second-quarter expectations as strong cash flow lifts shares
InvestorsHub54d agobullish
Baker Hughes tops second-quarter expectations as strong cash flow lifts shares

Baker Hughes (NASDAQ:BKR) reported better-than-expected second-quarter results on Monday, sending its shares about 2% higher in premarket trading as investors welcomed stronger earnings and solid operational performance. The energy technology and oilfield services company posted adjusted earnings per share of $0.

Odessa American, Texas63d agobullish
US rig count up seven as prices soar

The rig count in the Permian Basin was up three this week, the latest count Friday by Baker Hughes shows, with 259 rigs active in the region. A year ago, 263 rigs were active in the region. Nationally, the oil and gas rig count is up seven from last week at 588 rigs. A year ago, 544 rigs were active. The count shows that 452 rigs sought oil, up seven from the previous week, and 126 explored ...

Baker Hughes (BKR) Lands Angola Subsea Deal And North America Geothermal Partnership
Simply Wall St.76d agobullish
Baker Hughes (BKR) Lands Angola Subsea Deal And North America Geothermal Partnership

Baker Hughes (NasdaqGS:BKR) secured a major contract to supply subsea production systems for Angola's Greater PAJ development. The company entered a new commercial agreement to support large scale geothermal energy deployment in North America. These twin contract wins put Baker Hughes in focus for investors watching both offshore oil and lower carbon energy opportunities. The subsea award in Angola's Greater PAJ project expands the company's presence in Sub Saharan Africa, supporting...