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Baker Hughes Incorporated stock price

Baker Hughes Incorporated latest news:


  • 09/15/2017 11:13:21

    Baker Hughes data show U.S. oil-rig count down a second week in a row

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil dropped by 7 to 749 this week. The total active U.S. rig count, which includes oil and natural-gas rigs, fell by 8 to 936, according to Baker Hughes. Oil prices showed little reaction, with October West Texas Intermediate crude down 20 cents, or 0.4%, from Thursday at $49.69 a barrel on the New York Mercantile Exchange, nearly unchanged from levels seen before the data. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/15/2017 11:10:28

    U.S. drillers cut most oil rigs since January -Baker Hughes

    Sept 15 (Reuters) - U.S. energy firms cut the most oil rigs in a week since January as a 14-month drilling recovery stalled due to weak crude prices. Drillers cut seven oil rigs in the week to Sept. 15, bringing the total count down to 749, the least since June, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday. Drillers have not added any rigs since the week of Aug. 11. The rig count, an early indi

  • 09/08/2017 11:11:42

    Baker Hughes data show U.S. oil-rig count edged down this week

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell by 3 to 756 this week. The total active U.S. rig count, which includes oil and natural-gas rigs, rose by 1 to 944, according to Baker Hughes. Oil prices showed little reaction, with October West Texas Intermediate crude down $1.05, or 2.1%, from Thursday at $48.04 a barrel on the New York Mercantile Exchange. It traded at $47.07 before the data. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/08/2017 11:09:08

    U.S. oil drillers cut rigs for 3rd week in four as recovery stalls -Baker Hughes

    Sept 8 (Reuters) - U.S. energy firms cut oil rigs for a third time in the past four weeks as a 14-month drilling recovery stalls with energy firms reducing spending plans in response to recent crude price declines. Drillers cut three oil rigs in the week to Sept. 8, bringing the total count down to 756, the least since June, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday. That compares with 414 activ

  • 09/05/2017 15:51:00

    U.S. Tally of Oil Rigs Flat Amid Harvey Uncertainty

    In its weekly release Houston based oilfield services player Baker Hughes a GE company BHGE reported a decline in rigs searching for crude and natural gas in the country 160 Details Weekly Summary Rigs engaged in the exploration and production of oil and natural gas in

  • 08/25/2017 11:04:56

    U.S. drillers cut oil rigs ahead of Hurricane Harvey - Baker Hughes

    By Jessica Resnick-Ault Aug 25 (Reuters) - U.S. energy firms cut oil rigs for a second week in a row ahead of Hurricane Harvey and as a more than year-long recovery in drilling slows down in reaction to soft crude prices. Drillers cut four oil rigs in the week to Aug. 25, bringing the total count down to 759, General Electric Co's Baker Hughes energy services firm said in its report on Friday. That compares with 406 active oil rigs during the same we

  • 08/18/2017 11:14:07

    Baker Hughes data show a decline in the weekly U.S. oil-rig count

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell by 5 to 763 rigs this week. The total active U.S. rig count, which includes oil and natural-gas rigs, also declined by 3 to 946, according to Baker Hughes. Oil prices added a bit more to earlier gains, with September West Texas Intermediate crude up $1.34, or 2.9%, for the session at $48.43 a barrel on the New York Mercantile Exchange. It traded at $48.38 before the data. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/18/2017 11:04:38

    U.S. drillers cut oil rigs for second week in three - Baker Hughes

    By Jessica Resnick-Ault Aug 18 (Reuters) - U.S. energy firms cut oil rigs for a second week in three, data showed on Friday, with drillers cutting spending plans in reaction to declining crude prices. Drillers cut five oil rigs in the week to Aug. 18, bringing the total count down to 763, General Electric Co's Baker Hughes energy services firm said in its report on Friday. That compares with 406 active oil rigs during the same week a year ago. Drille

  • 08/11/2017 12:51:18

    Oil gains for the day, falls for the week; natural gas tallies weekly rise of 7.5%

    Oil rose Friday, as a modest rise in the U.S. oil-rig count from Baker Hughes fueled expectations that drilling activity has stabilized. Prices had traded lower for much of the session, and still lost roughly 1.5% for the week on lingering concerns over the global glut of crude supplies. Natural gas, meanwhile, tallied a weekly gain of 7.5%--the biggest such rise of the year--after U.S. supplies rose less than expected. September WTI crude climbed 23 cents, or 0.5%, to settle $48.82 a barrel on the New York Mercantile Exchange. September natural gas settled nearly flat for the session at $2.983 per million British thermal units. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/08/2017 00:05:49

    Exclusive: Baker Hughes clinches major integrated services contract

    Baker Hughes, a GE Company has won a major contract to provide a wide range of services to develop Papua New Guinea's first offshore gas field which is seen as a new model to help producers adapt to a world of low oil prices.

  • 07/28/2017 11:56:43

    UPDATE 6-Oil jumps to 2-month high, heads for biggest weekly rise of 2017

    * U.S. drillers boost oil rig count to 766 - Baker Hughes (New throughout, adds Baker Hughes data, updates prices and market activity)

  • 07/28/2017 11:14:03

    Baker Hughes data show weekly U.S. oil-rig count up a third time this month

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil climbed by 2 to 766 rigs this week. The oil-rig count tallied a fall of 1 rig last week, after two-straight weeks of gains. The total active U.S. rig count, which includes oil and natural-gas rigs, was also up 8 at 958, according to Baker Hughes. September West Texas Intermediate crude was little changed from the level it traded at before the data. It was up 63 cents, or 1.3%, at $49.67 a barrel on the New York Mercantile Exchange.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/14/2017 11:09:45

    Baker Hughes data shows U.S. oil-rig count edged up this week

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil edged higher by two to 765 rigs this week. That follows a weekly rise of seven rigs. The total active U.S. rig count, which includes oil and natural-gas rigs, was unchanged at 952, according to Baker Hughes. August West Texas Intermediate crude rose 47 cents, or 1%, to $46.55 a barrel on the New York Mercantile Exchange, little changed from the $46.57 level it traded at before the data. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/07/2017 11:16:09

    GE's stock falls toward 21-month low, leads Dow losers for 2nd-straight session

    Shares of General Electric Co. fell 1.1% in midday trade Friday, putting them on track to close at a 21-month low and to pace the Dow Jones Industrial Average's losers for a second-straight session. On Thursday, the stock slumped 3.8% to close at the lowest level since Oct. 2, 2015, after J.P. Morgan slashed its stock price target, citing an uncertain outlook and a lack of growth potential, and Moody's Investors Service said GE's acquisition of oil services company Baker Hughes Inc. underscored the need to boost earnings and cash flow. GE's stock is headed for the 11th decline in the past 14 sessions, and has shed 10.3% during that stretch. It has tumbled 17.6% year to date, while the SPDR Industrial Select Sector ETF has climbed 10.5% and the Dow has gained 8.3%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/07/2017 11:08:08

    Oil prices extend losses as Baker Hughes reports rise in U.S. oil-rig count

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by 7 to 763 rigs this week. That followed a 2-rig fall reported a week earlier, which was the first such decrease in 24 weeks. The total active U.S. rig count, which includes oil and natural-gas rigs, also climbed by 12 to 952, according to Baker Hughes. Oil prices extended their losses following the data, with August West Texas Intermediate crude down $1.45, or 3.2%, at $44.07 a barrel on the New York Mercantile Exchange for the session. It was trading at $44.40 before the data. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/03/2017 10:56:35

    Energy ETF set for best one-day gain in 3 weeks as crude climbs

    A prominent fund used to bet on the energy sector on Monday was on pace to post its best daily climb since early June, according to FactSet data. The energy-focused Energy Select Sector SPDR ETF was up 2.2%, setting the ETF up for its sharpest one-day rise since a 2.4% gain on June 9. Gains in the ETF were being led by a 6% rally in shares of Transocean Ltd. and a more than 5% climb in Baker Hughes Inc. . The climb in shares of Baker Hughes also comes as General Electric Co. announced the completion of its deal to combine its energy business with Baker Hughes. On the day, the energy sector was the best performer among the S&P 500's 11 sectors, with financials also helping to buoy U.S. equity benchmarks. August West Texas Intermediate crude rose sharply above $46 a barrel on the New York Mercantile Exchange, jolted energy stocks higher in a holiday-shortened trading session. The S&P 500 was up 0.3%, while the Dow Jones Industrial Average was up 0.8%, after briefly touching an intraday record of 21,562.75. The Nasdaq Composite Index lagged behind the benchmarks, down 0.5%, as the technology sector extended a bout of weakness amid concerns about tech-share valuations. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/03/2017 08:42:52

    GE closes Baker Hughes deal, becomes No. 2 oilfield service provider

    General Electric Co(GE) on Monday completed its buyout of Baker Hughes Inc (BHI), merging it with its own oil and gas equipment and services operations to create the world's second-largest oilfield service provider by revenue. The new company, to be called "Baker Hughes (BHI), a GE company," will begin trading on Wednesday on the New York Stock Exchange under the stock ticker "BHGE."

  • 06/30/2017 12:43:34

    Oil settles sharply higher to trim year-to-date loss

    Oil prices settled higher Friday, with a sharp gain in the last few minutes of trading lifting them above $46 a barrel for the first time in more than two weeks. Data from Baker Hughes [s:bhi] released Friday showed the first decline in the number of active U.S. oil rigs in 24 weeks, raising expectations that domestic production will slow. August WTI crude tacked on $1.11, or 2.5%, to settle $46.04 a barrel on the New York Mercantile Exchange. Year to date, prices have still lost more than 14%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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