Baker Hughes Announces Dates for Second-quarter 2024 Earnings Release and Webcast
- HOUSTON and LONDON, June 17, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the second quarter ending June 30, 2024, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Thursday, July 25, 2024. A webcast to discuss the results will be held Friday, July 26, 2024, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time).
- 06/17/2024
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US drillers cut oil and gas rig count to lowest since January 2022 - Baker Hughes
- U.S. energy firms this week cut the number of oil and natural gas rigs operating to the lowest since January 2022, energy services firm Baker Hughes said in its closely followed report on Friday.
- 06/14/2024
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Augury Adds Ranger Pro Sensors From Baker Hughes to Its Industry Leading Machine Health Platform
- NEW YORK--(BUSINESS WIRE)--Augury, a leading provider of industrial AI solutions that improve machine health and process health, today announced that the sixth generation of Baker Hughes' Ranger Pro Wireless Condition Monitoring Sensor and Cordant™ Gateway are now integrated into the Augury Machine Health platform, offering customers greater sensing capability as part of their Machine Health strategy. The Power of Augury's AI Meets the Ruggedness of Ranger Pro The Ranger Pro sensor and Cordant™.
- 06/12/2024
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Petrobras, Baker Hughes Ink Well Construction Contract
- Petrobras PBR, recently announced its partnership with Baker Hughes BKR, one of the world's largest oil field services companies, for critical offshore oil and gas services in Brazil. This collaboration, set to commence in 2025, marks a significant milestone for each entity promising enhanced operational efficiency and unparalleled service delivery.
- 06/11/2024
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Total US Drilling Rig Tally Declines: Here's What it Means
- In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was lower, and the count for natural gas decreased.
- 06/11/2024
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Baker Hughes Awarded Major Integrated Solutions Contract for Petrobras' Offshore Fields
- HOUSTON, June 10, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday a significant order from Petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil.
- 06/10/2024
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US oil and gas rig count falls to lowest since January 2022 - Baker Hughes
- U.S. energy firms this week cut the number of oil and natural gas rigs operating to the lowest since January 2022, energy services firm Baker Hughes said in its closely followed report on Friday.
- 06/07/2024
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Total US Drilling Rig Tally Flat: Here's What It Means
- In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was lower, but the count for natural gas increased.
- 06/04/2024
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The 3 Most Undervalued Nasdaq 100 Stocks to Buy in June 2024
- The Nasdaq 100 represents one of the more realistic economic aggregates to keep an eye on because it's there you'll find undervalued Nasdaq stocks. Unlike the Dow Jones Industrial Average, the Nasdaq 100 has triple the company data from which to extrapolate predictions while maintaining a tighter focus on quality and company value.
- 06/04/2024
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Why Baker Hughes (BKR) is a Top Value Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 06/03/2024
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Akastor ASA: HMH announces its intention to pursue US listing
- FORNEBU, Norway , June 3, 2024 /PRNewswire/ -- Akastor ASA's (OSE: AKAST) 50% owned affiliate HMH Holding B.V. ("HMH") has today announced that its subsidiary HMH Holding Inc. has submitted a confidential first draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of HMH Holding Inc.'s shares.
- 06/03/2024
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4 Fortune 500 Industry Leaders Boast Ideal June Dividends
- The 50 largest companies on the Fortune 500 list accounted for nearly half of the total revenue and earnings. Four stocks from the Fortune 500 list were identified as ideal for first-time investors due to their high dividends. Analysts estimated significant net gains for ten dividend stocks from the Fortune 500 list by June 2025.
- 06/02/2024
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US drillers cuts most oil and gas rigs in a month since August - Baker Hughes
- U.S. energy firms this month cut the most oil and natural gas operating since August, even as the rig count remained unchanged this week, energy services firm Baker Hughes said in its closely followed report on Friday.
- 05/31/2024
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Here's Why Baker Hughes (BKR) is a Strong Growth Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 05/31/2024
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Baker Hughes CEO Lorenzo Simonelli on the Energy Sector
- The US is leading global oil production for the sixth straight year according to data from the EIA. Record cash piles by energy giants also fueling consolidation in the space.
- 05/30/2024
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Baker Hughes Seeing Growth in Clean and Fossil Fuel Demand: CEO
- Baker Hughes CEO Lorenzo Simonelli discusses growth in demand for both fossil fuels and clean energy and plans for expanding technology to increase energy production. -------- More on Bloomberg Television and Markets Like this video?
- 05/30/2024
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Total US Drilling Rig Tally Declines: Here's What it Means
- In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was flat, but the count for natural gas decreased.
- 05/27/2024
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US drillers cut oil and gas rigs for fourth time in five weeks - Baker Hughes
- U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
- 05/24/2024
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Baker Hughes (BKR) Gets Major Contract for Hassi R'Mel Project
- As part of this project, Baker Hughes (BKR) will provide 20 compression trains to be installed across three gas-boosting stations within Hassi R'Mel.
- 05/24/2024
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Baker Hughes to Support Strategic Gas Project in Algeria to Enhance Italy, Europe's Energy Security
- ALGIERS, Algeria, May 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday it was awarded a major contract from SONATRACH for a gas-boosting project for the Hassi R'Mel gas field in Algeria. The contract is part of a broader order awarded to a consortium between Baker Hughes and Tecnimont, part of technology and engineering group MAIRE. The signing ceremony took place in Algiers in the presence of the three company CEOs: Rachid Hachichi of SONATRACH, Lorenzo Simonelli of Baker Hughes, and Alessandro Bernini of MAIRE, as well as H.E. Mohamed Arkab, Minister of Energy & Mines.
- 05/23/2024
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Total US Drilling Rig Tally Increases: Here's What it Means
- In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States increased, but the count for natural gas was flat.
- 05/21/2024
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Why Did U.S. Natural Gas Prices Move Up 16.6% Last Week?
- The U.S. Energy Department's weekly inventory release showed that natural gas supplies increased less than expected. The positive inventory numbers, together with signs of production pullback and upcoming summer demand, buoyed natural gas futures, which settled with a healthy gain week over week.Despite this spike, which saw natural gas hit its highest since January, the space remains highly susceptible to unpredictable weather patterns, impacting prices and market stability.At this time, we advise investors to focus on stocks like Coterra Energy (CTRA Quick QuoteCTRA - Free Report) and Cheniere Energy (LNG Quick QuoteLNG - Free Report) .EIA Reports a Build Smaller Than Market ExpectationsStockpiles held in underground storage in the lower 48 states rose 70 billion cubic feet (Bcf) for the week ended May 10, below the guidance of a 76 Bcf addition, per a survey conducted by S&P Global Commodity Insights. The increase compared with the five-year (2019-2023) average net injection of 90 Bcf and last year’s growth of 93 Bcf for the reported week. The latest increase puts total natural gas stocks at 2,633 Bcf, which is 421 Bcf (19%) above the 2023 level and 620 Bcf (30.8%) higher than the five-year average.The total supply of natural gas averaged 104.5 Bcf per day, up 0.2 Bcf per day on a weekly basis due to higher dry production, partly offset by lower shipments from Canada. Meanwhile, daily consumption fell to 94.5 Bcf from 95.5 Bcf in the previous week, mainly reflecting a drop in natural gas consumed for power generation.Natural Gas Prices Finish Sharply HigherNatural gas prices trended northward last week following the lower-than-expected inventory build. Futures for June delivery ended Friday at $2.49 on the New York Mercantile Exchange, up some 16.6% from the previous week’s closing. As a matter of fact, the commodity’s resurgence over the past few weeks wiped out all of its losses since the start of this year. Investors should know that natural gas realization has been under pressure from strong production, elevated stockpiles and tepid weather-related demand. It's worth mentioning that the current inventory levels are well above the year-ago figure and the five-year average. The bearish sentiment surrounding the commodity even prompted shale producers Chesapeake Energy (CHK Quick QuoteCHK - Free Report) and EQT Corporation (EQT Quick QuoteEQT - Free Report) to hit the brakes on new drilling.Chesapeake announced a reduction in its drilling rigs so as to lower volume, with the Appalachian Basin-focused EQT following on. CHK has decided to curb the second quarter’s gas production expectations by 400 million cubic feet per day (MMcf/d), doubling the previous curtailment announced in March. Separately, EQT — the largest domestic producer of natural gas — said that it will lower its daily output by 1 Bcf through May to combat the supply glut in the U.S. market. According to EQT, the revised plan will likely reduce full-year sales volume to 2,100-2,200 billion cubic feet equivalent (Bcfe) from 2,200-2,300 Bcfe earlier. It appears that these production cut announcements have been partly responsible in driving natural gas prices higher and galvanizing the market. As is the norm with natural gas, changes in temperature and weather can lead to price swings. With low heating demand this winter, usage of the commodity to generate electricity took a hit. However, predictions of warmer-than-normal weather over most of the United States should boost demand. Moreover, there are signs of curtailment in U.S. production. According to energy services provider Baker Hughes, the U.S. natural gas rig count — a pointer to where production is headed — is down around 27% from last year. Industry observers believe this could set the stage for a pullback in near-term drilling and supplies. Meanwhile, a stable demand catalyst in the form of continued strong LNG feedgas deliveries, is supporting natural gas. As a matter of fact, LNG shipments for export from the United States have been elevated of late, due to environmental reasons and Europe’s endeavor to move away from its dependence on Russian natural gas supplies due to the war in Ukraine. At the same time, the increase in gas flows due to the full restart of the Freeport LNG export plant in Texas has translated into more of the commodity being loaded onto ships. A heatwave blanketing Southeast Asia has also led to a jump in power demand for air conditioning, increasing exports of the super-chilled fuel.Final ThoughtsThe upshot of all these factors — the natural gas market — despite improving, remains an oversupplied one. As mentioned above, it endured a torrid year in 2023, briefly breaking below the $2 threshold for the first time since 2020. The situation was not much different in the early parts of 2024, with the fuel reaching a multi-year low near $1.48 in late March and struggling to sustain a rally over the psychological mark of $2. However, natural gas has staged quite the turnaround in a matter of weeks, and looks to improve even further given the favorable temperature outlook.Nevertheless, based on several factors, the space is currently quite unpredictable and spooked by sudden changes in weather and production patterns. As such, investors are advised to still exercise caution and preferably hold on to fundamentally strong stocks like Coterra Energy and Cheniere Energy.Coterra Energy: It is an independent upstream operator primarily engaged in the exploration, development and production of natural gas. Headquartered in Houston, TX, the firm owns some 183,000 net acres in the gas-producing Marcellus Shale of the Appalachian Basin. This Zacks Rank #3 (Hold) company churned out an average of 2,262.7 million cubic feet on a daily basis from these assets in 2023.Coterra beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters and missed in the other, the average being 9.8%. Valued at around $21 billion, CTRA has risen 8.9% in a year.Cheniere Energy: Being the first company to receive regulatory approval to export LNG from its 2.6 billion cubic feet per day Sabine Pass terminal, Cheniere Energy enjoys a distinct competitive advantage.Cheniere Energy beat the Zacks Consensus Estimate for earnings in two of the last four quarters and missed in the other two. This #3 Ranked natural gas exporter has a trailing four-quarter earnings surprise of roughly 58.9%, on average. LNG shares have moved up 11.3% in a year. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>
- 05/20/2024
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US drillers add oil and gas rigs for first time in four weeks - Baker Hughes
- U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
- 05/17/2024
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Here's Why Baker Hughes (BKR) is a Strong Growth Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 05/15/2024
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Total US Drilling Rig Tally Declines: Here's What It Means
- In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States declined, but the count for natural gas increased.
- 05/14/2024
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US drillers cut oil and gas rigs for third week in a row - Baker Hughes
- U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.
- 05/10/2024
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4 Oilfield Services Stocks Set to Escape Industry Weakness
- Strict capital discipline by upstream energy companies is acting as a dampener, thereby making the outlook for the Zacks Oil and Gas- Field Services industry gloomy. SLB, HAL, BKR and SND are expected to survive the industry challenges.
- 05/10/2024
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Baker Hughes (BKR) Fuels Saudi Arabia's Gas Infrastructure
- Baker Hughes (BKR) clinches a contract with Aramco to provide gas technology for the Master Gas System Phase 3, enhancing the Kingdom's domestic gas distribution network and contributing to emissions reduction.
- 05/07/2024
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3 Energy Dividend Stocks That Will Thrive at $100 per Barrel Crude Oil
- ExxonMobil is still delivering for shareholders despite lower earnings. A high price of oil should support underlying growth at Baker Hughes EOG is a leader in energy exploration, and the stock sits in the bargain bin.
- 05/02/2024
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4 Fortune 500 Industry Leaders Boast Ideal April/May Dividends
- The Summer 2023 edition of Fortune Magazine revealed the 500 biggest U.S. companies by revenue. Dogcatcher's quest to sniff out the best dividend buys focused on 68 industry leaders. Those 68 industry leaders were segmented into 21 business sectors, ranging (alphabetically) from apparel to wholesalers. 3 of the 68 were private or foreign-exchange listed firms, leaving 65 listed. 58 dividend-yielding stocks led those 68 industry leaders and ranged from 0.14% to 8.07% in annual yield and ranged -from 0.89% to 36.96% in broker-estimated one-year target-price upsides.
- 05/02/2024
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3 Trend-Following Entries for Income Investors
- The oilfield services industry is in a supercycle that has yet to play out. However, the Q1 results aligned with expectations and failed to spur individual names to new highs.
- 04/30/2024
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Why Baker Hughes (BKR) is a Top Growth Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 04/29/2024
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Oil Darlings: 3 Global Oil Stocks to Buy Amid Rising Prices
- Currently, two major conditions are converging to continue the strong performance of energy stocks in 2024. Chief among high-performance energy stocks are those in the oil sector which currently adhere to geopolitical shifts.
- 04/29/2024
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Baker Hughes Should Realize Major Tailwinds Throughout The Energy Transition
- Baker Hughes is well-positioned for the shift in global energy interests towards emissions control and the growing demand for natural gas and hydrogen fuel. The company is experiencing growth in its gas tech business and expects a 50% increase in segment orders for the next fiscal year. Baker Hughes's technology can be scaled for both natural gas and hydrogen power generation, providing cost-saving benefits and potential growth opportunities.
- 04/26/2024
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Baker Hughes Company (BKR) Q1 2024 Earnings Call Transcript
- Baker Hughes Company (NASDAQ:BKR ) Q1 2024 Earnings Conference Call April 24, 2024 9:30 AM ET Company Participants Chase Mulvehill - VP, IR Lorenzo Simonelli - Chairman and CEO Nancy Buese - CFO Conference Call Participants Scott Gruber - Citigroup Arun Jayaram - JPMorgan Securities LLC Dave Anderson - Barclays James West - Evercore ISI Luke Lemoine - Piper Sandler Operator Good day, ladies and gentlemen, and welcome to the Baker Hughes Company First Quarter 2024 Earnings Call. At this time all participants are in a listen-only mode.
- 04/24/2024
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Baker Hughes (BKR) Q1 Earnings and Revenues Beat Estimates
- Baker Hughes' (BKR) Q1 earnings benefit from higher contributions from Oilfield Services and Equipment, as well as the Industrial & Energy Technology business units, fueled by significant contract wins.
- 04/24/2024
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Baker Hughes (BKR) Tops Q1 Earnings and Revenue Estimates
- Baker Hughes (BKR) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.28 per share a year ago.
- 04/23/2024
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Baker Hughes quarterly profit beats estimates on international demand
- Oilfield services firm Baker Hughes beat analysts' estimates for first-quarter profit on higher international drilling demand.
- 04/23/2024
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Baker Hughes Company Announces First-Quarter 2024 Results
- First-quarter highlights Orders of $6.5 billion, including $2.9 billion of IET orders. Revenue of $6.4 billion, up 12% year-over-year.
- 04/23/2024
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Baker Hughes Declares Quarterly Dividend
- HOUSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.21 per share of Class A common stock payable on May 16, 2024, to holders of record on May 6, 2024.
- 04/23/2024
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Baker Hughes Awarded Significant Gas Technology Scope for Phase 3 of Saudi Arabia's Master Gas System
- HOUSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment for the third phase of Saudi Arabia's Master Gas System project. The award was booked in the first quarter of 2024.
- 04/23/2024
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Could C3.ai Become the Next Microsoft?
- C3.ai's stock has plunged more than 50% below its IPO price. It disappointed investors with its slowing growth and persistent losses.
- 04/23/2024
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Total US Drilling Rig Tally Rises: Here's What it Means
- In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States increased, but the count for natural gas declines.
- 04/22/2024
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Here's Why Hold Strategy is Apt for Baker Hughes' (BKR) Stock
- Baker Hughes (BKR) maintains a strong balance sheet with a net debt-to-adjusted EBITDA ratio of 0.9X and a total liquidity of $5.6 billion as of the end of 2023.
- 04/19/2024
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Baker Hughes (BKR) to Report Q1 Earnings: What to Expect?
- Baker Hughes' (BKR) Q1 earnings are likely to have been affected by declining oil prices and geopolitical tensions, despite increasing demand for clean energy.
- 04/18/2024
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US Oil & Gas Drilling Rig Tally Falls: Here's What it Means
- In its weekly release, Baker Hughes (BKR) reports that the total count of rigs in the United States decreased, reflecting a slowdown in drilling activities.
- 04/17/2024
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Baker Hughes (BKR) Earnings Expected to Grow: Should You Buy?
- Baker Hughes (BKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/16/2024
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Halliburton, Baker Hughes may see deal pressure after SLB's buying spree, industry experts say
- Investors of Halliburton and Baker Hughes are likely to pile up pressure on the top U.S. oilfield service companies to follow the steps of bigger rival SLB in beefing up their portfolios through deals, industry experts said.
- 04/15/2024
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Baker Hughes (BKR) Fuels Cedar LNG With Electric-driven Tech
- Baker Hughes (BKR) and Black & Veatch collaborate to electrify Cedar LNG, driving sustainable energy solutions in Canada and beyond.
- 04/09/2024
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US Oil Drilling Rig Tally Rises, Natural Gas Count Declines
- In its weekly release, Baker Hughes (BKR) reports that the total count of rigs in the United States decreased, reflecting a slowdown in drilling activities.
- 04/08/2024
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Why Oil Stocks ExxonMobil, Pioneer Natural Resources, and Baker Hughes Rallied in March
- Oil prices have been rising amid OPEC+ cuts and geopolitical tensions. Exxon discovered new oil off the coast of Guyana and is close to acquiring Pioneer.
- 04/07/2024
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Big oil is racing to scale up carbon capture to slash emissions but the challenges are immense
- The oil industry is betting carbon capture will serve heavy industries like cement- and steelmaking that now have few good options to slash greenhouse gases.
- 04/06/2024
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Baker Hughes (BKR) Partners With Snam for Hydrogen-Ready Tech
- Baker Hughes (BKR) and Snam unveil hydrogen-ready turbocompressors, signaling a major leap toward decarbonization and a greener future.
- 04/05/2024
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Baker Hughes (BKR) Backs Green Hydrogen Producer Elcogen
- Baker Hughes (BKR) intends to join forces with Elcogen for the production of green hydrogen using the latter's solid oxide electrolyzer cell technology.
- 04/04/2024
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Backing Fracking: 3 Shale Stocks to Buy Before the 2024 Election
- A hot topic for energy production, hydraulic fracturing, or fracking, extracts oil and gas by injecting high-pressure fluids underground. For the U.S. this has boosted domestic energy production potential but has also sparked environmentalist concerns.
- 04/03/2024
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Permian Oil Rig Count Increases in 4 of Prior 6 Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has decreased in two straight weeks.
- 04/02/2024
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Permian Oil Rig Count Decreases in 3 of Prior 6 Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has decreased in three of the prior six weeks.
- 03/27/2024
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Baker Hughes (BKR) is a Top-Ranked Value Stock: Should You Buy?
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 03/26/2024
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US gas rig count falls to lowest since January 2022 - Baker Hughes
- U.S. energy firms this week cut the number of natural gas rigs operating to the lowest level since January 2022, energy services firm Baker Hughes said in its closely followed report on Friday.
- 03/22/2024
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CERAWEEK LNG growth to be met by other countries if US walks away -Baker Hughes CEO
- If the U.S. pulls back from permitting new liquefied natural gas (LNG) export plants, demand for the fuel will still be met from projects in Qatar, Argentina and Africa, the CEO of Baker Hughes , the world's largest provider of equipment for the LNG sector, said on Thursday.
- 03/21/2024
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Permian Oil Rig Count Increases in 3 of Prior 5 Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has increased in three of the prior five weeks.
- 03/19/2024
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US drillers add most oil and gas rigs in a week since September - Baker Hughes
- U.S. energy firms this week added the biggest number of oil and natural gas rigs in a week since September, with the oil rig count also rising to its highest in six months, energy services firm Baker Hughes said in its closely followed report on Friday.
- 03/15/2024
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Baker Hughes (BKR) and BP Collaborate on Flare Emissions
- Baker Hughes (BKR) and BP unite, leveraging the former's Flare.IQ tech to curb emissions from flaring operations, marking a significant advancement in the energy sector's sustainability efforts.
- 03/15/2024
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Baker Hughes Announces Dates for First Quarter 2024 Earnings Release and Webcast
- HOUSTON and LONDON, March 14, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the first quarter ending March 31, 2024, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Tuesday, April 23, 2024. A webcast to discuss the results will be held Wednesday, April 24, 2024, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time).
- 03/14/2024
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Permian Oil Rig Count Falls After 2 Straight Weeks of Rise
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has decreased after increasing for two successive weeks.
- 03/12/2024
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US drillers cut oil and gas rigs for first time in three weeks - Baker Hughes
- U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
- 03/08/2024
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Baker Hughes Could Be This Year's Turnaround Play
- Baker Hughes is focusing on turning around operations and creating a compelling story for the next megatrend in the oil and gas industry.
- 03/05/2024
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Permian Oil Drilling Rig Count Rises for 2 Straight Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has increased for two successive weeks.
- 03/04/2024
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Baker Hughes (BKR) Sees a More Significant Dip Than Broader Market: Some Facts to Know
- The latest trading day saw Baker Hughes (BKR) settling at $29.48, representing a -0.81% change from its previous close.
- 02/28/2024
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4 Fortune 500 Industry Leaders For February Dividends
- The Summer 2023 edition of Fortune Magazine revealed the 500 biggest U.S. companies by revenue. Dogcatcher's quest to sniff out the best dividend buys focused on 68 industry leaders.
- 02/27/2024
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Permian Oil Drilling Rig Count Rises in 5 of Prior 10 Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has increased in five of the past 10 weeks.
- 02/26/2024
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Baker Hughes (BKR) Stock Sinks As Market Gains: Here's Why
- In the most recent trading session, Baker Hughes (BKR) closed at $29.20, indicating a -0.48% shift from the previous trading day.
- 02/22/2024
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Why Is Baker Hughes (BKR) Down 2.3% Since Last Earnings Report?
- Baker Hughes (BKR) reported earnings 30 days ago. What's next for the stock?
- 02/22/2024
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Here's Why Baker Hughes (BKR) is a Strong Value Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 02/14/2024
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Permian Oil Drilling Rig Count Falls in 5 of Prior 10 Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has decreased in five of the past 10 weeks.
- 02/13/2024
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3 Outperforming Gas & Oil Stocks Showing Signs of Confidence
- BP (NYSE: BP ) reported excellent Q4 2023 results on February 6. It continued the cavalcade of excellent fourth-quarter reports from oil and gas stocks.
- 02/12/2024
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Baker Hughes (BKR) Rewards Shareholders With Dividend Hike
- Baker Hughes' (BKR) increase in quarterly cash dividend aligns with its goal of increasing dividends over time.
- 02/06/2024
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Here's Why Shares of Baker Hughes Slumped in January
- The slowing economy has weakened oil demand. Weakness in the price of LNG, combined with a pause in decisions over LNG terminals, has hurt sentiment toward the sector.
- 02/05/2024
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US drillers cut oil and gas rigs for first time in three weeks - Baker Hughes
- U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
- 02/02/2024
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U.S. LNG export pause is disappointing but won't stop growth of natural gas, Baker Hughes CEO says
- Lorenzo Simonelli, Baker Hughes CEO, says "we see natural gas playing a key role in providing energy security, affordability and sustainability."
- 02/01/2024
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Big Oil Stocks Extend Losses. What It Means.
- Saudi Arabian Oil Co. said this week it would no longer increase capacity as previously planned.
- 01/31/2024
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Baker Hughes (BKR) Steers Hydrogen Revolution With New Facility
- Baker Hughes (BKR) accelerates shift to a hydrogen economy, unveiling a revolutionary Hydrogen Testing Facility and reporting advancements in key hydrogen projects and collaborations.
- 01/31/2024
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What Biden's decision to pause new U.S. LNG exports means for the energy market
- The Biden administration's announcement Friday that it's pausing liquefied natural gas export approvals sparked political backlash, drew cheers from climate activists and stoked uncertainty in energy markets, but is unlikely to see the U.S. give up its title as the world's top LNG exporter.
- 01/26/2024
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US drillers add oil and gas rigs for second week in a row - Baker Hughes
- U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since early December, energy services firm Baker Hughes said in its closely followed report on Friday.
- 01/26/2024
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Baker Hughes (BKR) Expects Drop in North America Drilling Spend
- Baker Hughes' (BKR) projections for 2024 paint a picture of an oil industry grappling with uncertainty and changing market forces.
- 01/26/2024
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Oilfield Service's Outlook Appears Solid: 3 Stocks to Watch
- Increasing exploration and production operations have created opportunities for oilfield service players. Three stocks that are well poised to gain are Halliburton (HAL), SLB and Baker Hughes (BKR).
- 01/25/2024
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Baker Hughes on Q4 Earnings and the Future of Oil
- Lorenzo Simonelli, CEO of oilfield services company Baker Hughes discusses fourth-quarter earnings, managing geopolitical risks and the outlook for M&A. He spoke with Alix Sweeney and Paul Sweeney on Bloomberg Radio.
- 01/24/2024
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Baker Hughes expects North America oilfield spend to decline in 2024
- U.S. oilfield technology firm Baker Hughes said on Wednesday it expects spending on drilling and well completion in North America to fall in 2024 as commodity prices remain volatile.
- 01/24/2024
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Baker Hughes (BKR) Q4 Earnings Top Estimates, Revenues Miss
- Baker Hughes' (BKR) Q4 earnings benefit from higher contributions from Oilfield Services and Equipment, as well as the Industrial & Energy Technology business units.
- 01/24/2024
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Baker Hughes (BKR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
- Although the revenue and EPS for Baker Hughes (BKR) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 01/23/2024
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Baker Hughes fourth-quarter profit jumps amid revenue growth
- Baker Hughes BKR, +1.78% said profit jumped in the latest quarter, boosted by a stronger topline performance.
- 01/23/2024
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Baker Hughes (BKR) Q4 Earnings Surpass Estimates
- Baker Hughes (BKR) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.38 per share a year ago.
- 01/23/2024
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Permian Oil Drilling Rig Count Falls for Two Straight Weeks
- Baker Hughes (BKR), in its weekly release, reports that its count of oil and gas rigs has increased after decreasing for two straight weeks.
- 01/22/2024
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Higher prices at the pump? Make up for it in Baker Hughes stock
- You are about to witness a pivoting moment in the stock market, driven by similar changes in the underlying economy today. People tend to fall into a sort of continuation fallacy, where what has been happening in the past could continue into the future, which is far from reality.
- 01/22/2024
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Buy 4 January Dividend Fortune 500 Industry Leaders (Of 68), Watch 4 More
- The Summer 2023 edition of Fortune Magazine revealed 500 biggest U.S. companies by-revenue. Dogcatcher's quest to sniff-out the best-dividend buys focused on 68 industry-leaders using YCharts 1/12/24 data. Those 68 industry-leaders were segmented into 21 business-sectors, ranging (alphabetically) from apparel to wholesalers. 3 of the 68 were private or foreign-exchange listed firms are not tracked-by YCharts, leaving 65 listed. 58 dividend yielding stocks led those 68 industry leaders and ranged 0.18% to 8.92% in annual yield and ranged -10.48% to 38.16% in broker estimated one-year price target upsides.
- 01/17/2024
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The U.S. is breaking oil-production records with fewer drilling rigs. Here's how.
- U.S. oil production has been holding at or near record highs since October, topping the previous peak from 2020, even though the number of active domestic oil drilling rigs is down by nearly 30% from four years ago.
- 01/17/2024
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Permian Oil Rig Count Falls After Rising for 2 Straight Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has decreased for two straight weeks.
- 01/15/2024
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Here's Why Baker Hughes (BKR) is a Strong Growth Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 01/09/2024
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Permian Oil Rig Count Rises After Falling for 3 Straight Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has increased after decreasing for two straight weeks.
- 01/03/2024
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Green Energy Goliaths: 3 Renewable Energy Stocks With Robust Growth Projections
- No matter what the circumstances, renewable energy stocks offer tremendous relevance. Basically, that's where the political and ideological winds are directing the money toward.
- 12/27/2023
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Permian Oil Drilling Rig Count Falls for 3 Straight Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has decreased for two straight weeks.
- 12/26/2023
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Passive Income Heaven: 3 Underrated Dividend Stocks for Your Portfolio
- High-yielding stocks have always been an excellent source of passive income, and in most periods observed, they got better returns than the S&P 500. Entering the holiday season, investors will want to buy dividend stocks for passive income generation.
- 12/25/2023
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Baker Hughes Is An Energy Tech With An Electric Future
- Baker Hughes is a financially solid energy and industrial tech services company that collects Big Data and sells technology services and equipment. The company operates in an essential and growing industry; it has potential for strong revenue and profit growth. Despite a low valuation Factor from SA and slowed momentum, the share price of Baker Hughes appears attractive and has the potential to move up.
- 12/22/2023
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Why Baker Hughes (BKR) is a Top Growth Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 12/19/2023
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Permian Oil Drilling Rig Count Rises in 5 of Prior 11 Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has decreased after increasing for four straight weeks.
- 12/18/2023
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4 Ideal December Dividend Fortune 500 Industry Leaders (Of 68)
- The Summer 2023 edition of Fortune Magazine revealed 500 biggest U.S. companies by revenue. Dogcatcher's quest to sniff out the best dividend buys focused on 68 industry leaders using YCharts 12/14/23 data. Those 68 industry leaders were segmented into 21 business sectors, ranging (alphabetically) from apparel to wholesalers. 3 of the 68 were private or foreign exchange listed firms not tracked by YCharts, leaving 65 listed. 58 dividend yielding stocks led those 68 industry leaders and ranged 0.17% to 9.08% in annual yield and ranged -15.07% to 36.4% in broker estimated one-year price target upsides by YCharts 12/14/23 reckoning.
- 12/17/2023
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Baker Hughes (BKR) Appoints Georgia Magno as Chief Legal Officer
- Georgia Magno assumes the role of chief legal officer at Baker Hughes (BKR), bringing two decades of international legal prowess to drive strategic initiatives.
- 12/15/2023
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Here's Why You Should Hold on to Baker Hughes (BKR) Stock Now
- Baker Hughes (BKR) has consistently delivered value to its shareholders through dividend payments.
- 12/13/2023
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Baker Hughes Announces Date for Fourth Quarter and Full-year 2023 Earnings Release and Webcast
- HOUSTON and LONDON, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the fourth quarter and full year ending Dec. 31, 2023, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Tuesday, Jan. 23, 2024. A webcast to discuss the results will be held Wednesday, Jan. 24, 2024, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time).
- 12/12/2023
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Permian Oil Drilling Rig Count Rises in 5 of Prior 10 Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has increased for four straight weeks.
- 12/11/2023
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Last chance to set up your portfolio for OPEC cuts
- The commodity cycle is in full steam ahead mode, with one of the biggest markets (oil) taking the spotlight. Now that the Saudis have reiterated their commitment for OPEC to implement production cuts next year, which is a development that analysts at Goldman Sachs NYSE: GS are counting on to be proven right on their $100 a barrel targets.
- 12/06/2023
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Permian Oil Drilling Rig Count Rises in 5 of Prior 8 Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has increased for three straight weeks.
- 12/04/2023
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Permian Oil Drilling Rig Count Rises in 4 of Prior 7 Weeks
- : In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has increased for two straight weeks.
- 11/29/2023
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Baker Hughes (BKR) Stock Falls Amid Market Uptick: What Investors Need to Know
- Baker Hughes (BKR) reachead $33.82 at the closing of the latest trading day, reflecting a -0.44% change compared to its last close.
- 11/28/2023
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Permian Oil Drilling Rig Count Rises in 4 of Prior 6 Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has declined in two of the prior three weeks.
- 11/20/2023
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Baker Hughes reports a weekly climb in active U.S. oil-drilling rigs
- Baker Hughes BKR, +1.87% on Friday reported that the number of active U.S. rigs drilling for oil rose by 6 to 500 this week. That followed two consecutive weekly declines.
- 11/17/2023
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Baker Hughes (BKR) Receives Gas Tech Equipment Supply Deal
- Per the deal, Baker Hughes (BKR) will provide gas compression technology equipment, which includes electric motor drives, for the LNG export terminal.
- 11/17/2023
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Permian Oil Drilling Rig Count Rises in 3 of Prior 5 Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has declined for two straight weeks.
- 11/13/2023
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Baker Hughes data show a second straight weekly fall in active U.S. oil-drilling rigs
- Baker Hughes BKR, +0.85% on Friday reported that the number of active U.S. rigs drilling for oil fell by 2 to 494 this week. That followed a decline of 8 oil rigs last week.
- 11/10/2023
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Baker Hughes data show a fall in the weekly active U.S. oil-drilling rig count
- Baker Hughes BKR, -0.25% on Friday reported that the number of active U.S. rigs drilling for oil fell by 8 to 496 this week. That followed three consecutive weeks of increases.
- 11/03/2023
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US monthly oil rig count rises for first time since Nov -Baker Hughes
- The U.S. monthly oil rig count rose for first time since November after drillers added rigs for a third week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.
- 10/27/2023
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Baker Hughes Company (BKR) Q3 2023 Earnings Call Transcript
- Baker Hughes Company (NASDAQ:BKR ) Q3 2023 Earnings Conference Call October 26, 2023 9:30 AM ET Company Participants Chase Mulvehill - Vice President of Investor Relations Lorenzo Simonelli - Chairman and Chief Executive Officer Nancy Buese - Chief Financial Officer Conference Call Participants James West - Evercore ISI Arun Jayaram - JPMorgan Marc Bianchi - TD Cowen Scott Gruber - Citigroup Neil Mehta - Goldman Sachs David Anderson - Barclays Luke Lemoine - Piper Operator Good day, ladies, and gentlemen. Welcome to the Baker Hughes Third Quarter 2023 Earnings Conference Call.
- 10/26/2023
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Baker Hughes Say Recent Mergers Present Opportunities
- Oilfield service provider Baker Hughes Chairman and CEO Lorenzo Simonelli says recent mergers in the oil sector create opportunities for his company. He says there have been no disruptions due to the war in Israel, but they are monitoring the situation.
- 10/26/2023
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Baker Hughes raises full year revenue forecast on demand for LNG equipment
- Oilfield and liquefied natural gas supplier Baker Hughes on Thursday raised its full year revenue forecast, primarily on strong demand for its liquefied natural gas (LNG) equipment.
- 10/26/2023
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Here's What Key Metrics Tell Us About Baker Hughes (BKR) Q3 Earnings
- While the top- and bottom-line numbers for Baker Hughes (BKR) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 10/25/2023
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Baker Hughes swings to a profit with 3Q expectations beat
- Baker Hughes Incorporated stock rose 2% after the bell Wednesday after the company swung to a profit with its third-quarter results. The oil field services company posted net income of $518 million after reporting a loss of $17 million in the year-ago quarter.
- 10/25/2023
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Baker Hughes beats quarterly profit estimates
- U.S. oilfield technology firm Baker Hughes beat third-quarter profit estimates on Wednesday, driven by strong demand for its services and equipment in international markets.
- 10/25/2023
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U.S. is set to play tug of war with OPEC+ for oil market share as Middle East hostilities warrant output boost
- Oil production cuts this year by the Organization of the Petroleum Exporting Countries and their allies have given the U.S. the price incentive it needed to lift domestic output to its highest level on record, and maybe even helped fuel the recent mergers among the big oil companies.
- 10/25/2023
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From Bill Gates to the pope, talk of carbon capture and its efficacy is dividing society
- The sector's potential was a hot topic at the recent ADIPEC oil and gas conference.
- 10/25/2023
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Is Baker Hughes (BKR) Stock Outpacing Its Oils-Energy Peers This Year?
- Here is how Baker Hughes (BKR) and Chord Energy Corporation (CHRD) have performed compared to their sector so far this year.
- 10/24/2023
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US drillers add oil and gas rigs for second week in a row -Baker Hughes
- U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since mid September, energy services firm Baker Hughes said in its closely followed report on Friday.
- 10/20/2023
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U.S. oil production hits record as Israel-Hamas conflict stokes global supply fears
- As the global oil market focuses its attention on the oil-supply risks tied to the war between Israel and Hamas, U.S. production has climbed to its highest level on record and it's expected to continue its rise next year.
- 10/18/2023
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Baker Hughes (BKR) Completes Well Testing for Wells2Watts
- The completion of Baker Hughes' (BKR) test well for Wells2Watts represents a major achievement in the progress of geothermal energy.
- 10/16/2023
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Baker Hughes data show a climb in the weekly active U.S. oil-drilling rig count
- Baker Hughes BKR, +0.37% on Friday reported that the number of active U.S. rigs drilling for oil rose by 4 to 501 this week. That followed three consecutive weeks of declines.
- 10/13/2023
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Here's Why You Should Hold on to Baker Hughes (BKR) Stock Now
- Baker Hughes (BKR) boasts a robust financial position with a strong balance sheet.
- 10/13/2023
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Baker Hughes: High Growth Justifies A Premium Multiple
- Baker Hughes shares have risen over 50% in the past year, driven by an up-cycle in upstream oil and gas investment and growth in LNG and clean energy businesses. The company's oil field services and equipment business and its industrial and energy technology unit are both experiencing strong growth. Baker Hughes has a strong backlog and is well-positioned for continued revenue growth, making it an attractive investment opportunity.
- 10/12/2023
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Permian Oil Drilling Rig Count Falls for 3 Straight Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has declined for three straight weeks.
- 10/09/2023
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Here are the commodities that bucked the week's downtrend in the sector
- Commodities suffered overall declines for the week, pressured by worries over the demand outlook, but natural gas, frozen orange juice, and wheat futures scored impressive gains for the week.
- 10/06/2023
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US drillers cut oil and gas rigs for third week in a row - Baker Hughes
- U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since early September, energy services firm Baker Hughes said in its closely followed report on Friday.
- 10/06/2023
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Baker Hughes data reveal a third straight weekly decline in the active U.S. oil-drilling rig count
- Baker Hughes bkr on Friday reported that the number of active U.S. rigs drilling for oil fell by 5 to 497 this week. That followed two consecutive weeks of declines.
- 10/06/2023
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Green Giants: The 3 Best ESG Stocks for a Sustainable Portfolio
- Let's face it: Investors will always look for different ways to analyze the market and find their investment edge. One of the growing strategies in the last few years has been in the realm of ESG investing, which focuses on companies that make their impact on the world a high priority.
- 10/05/2023
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Baker Hughes (BKR) to Provide Electric LNG Systems for ADNOC
- The LNG trains will incorporate Baker Hughes' (BKR) compressor technology powered by 75 MW electric motors.
- 10/05/2023
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3 Stocks For the Resurgent Energy Rally
- While two very small stocks, Geospace Technologies Corp. NASDAQ: GEOS and Profire Energy Inc. NASDAQ: PFIE are the industry's price leaders, stocks drawing more institutional investment include S&P 500 component Baker Hughes Co. NASDAQ: BKR, as well as mid-caps TechnipFMC plc NYSE: FTI and NOV Inc. NYSE: NOV.
- 10/04/2023
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Baker Hughes (BKR) Wins Contract to Supply Gas Tech Equipment
- Baker Hughes (BKR) will provide a modularized LNG liquefaction train system and a power island.
- 10/03/2023
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Permian Oil Drilling Rig Count Falls for 2 Straight Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs declines for two straight weeks.
- 10/03/2023
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Natural gas is 'the best way' to work toward a low carbon economy, says Baker Hughes CEO
- Lorenzo Simonelli, CEO of Baker Hughes, discusses natural gas and LNG with CNBC at Abu Dhabi's ADIPEC energy conference.
- 10/03/2023
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Baker Hughes CEO says LNG is one of the best ways to reduce the carbon footprint
- Lorenzo Simonelli, Baker Hughes CEO, speaks to CNBC's Dan Murphy and Steve Sedgwick about the role of liquefied natural gas in the energy mix.
- 10/03/2023
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Oil Stocks Sink as the White House Offers Fewest Offshore Drilling Leases Ever
- Energy stocks sank on Friday after the Biden administration proposed to allow a maximum of three sales of oil and gas drilling leases in the Gulf of Mexico over the next five years, the fewest in history.
- 09/29/2023
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Stocks to Tap the Hot Wall Street Stories
- Herein we discuss some hot events of 2023 so far in detail along with some stocks that investors can tap to make the most of the trends.
- 09/29/2023
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Permian Oil Rig Count Falls After 2 Straight Weeks of Increase
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs declines after increasing for two straight weeks.
- 09/26/2023
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Baker Hughes (BKR) Unveils Druck Hydrogen Pressure Sensor Tech
- Baker Hughes (BKR) incorporates advanced high-performance barrier coating technology in its latest Druck hydrogen pressure sensors.
- 09/25/2023
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Charting the Course: Buying Opportunity or More Pain Ahead?
- While a host of concerns remain, historical statistics support a rally into year-end.
- 09/25/2023
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Baker Hughes data show a decline in the active U.S. oil-drilling rig count
- Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil dropped by 8 to 507 this week. The total active U.S. rig count, which includes those drilling for natural gas, fell 11 to 630, according to Baker Hughes.
- 09/22/2023
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Is Baker Hughes (BKR) Outperforming Other Oils-Energy Stocks This Year?
- Here is how Baker Hughes (BKR) and Constellation Energy Corporation (CEG) have performed compared to their sector so far this year.
- 09/22/2023
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Permian Oil Drilling Rig Count Rises for Two Straight Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs is up for two straight weeks.
- 09/18/2023
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Top Energy Stocks to Watch as Oil Prices Hit 10-Month High
- Higher oil prices are good news for oil company margins and profits.
- 09/13/2023
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Permian Oil Rig Count Rises After Two Straight Weeks of Decline
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs is up following eight straight weeks of decline.
- 09/12/2023
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Baker (BKR) and Venture Global Join Hands for LNG Expansion
- Baker (BKR) and Venture Global's expanded master equipment supply agreement fuels LNG expansion plans to more than 100 MTPA of export capacity.
- 09/11/2023
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Baker Hughes (BKR) to Supply Equipment for Driftwood Project
- Baker Hughes (BKR) is expected to supply eight LM6000PF+ gas turbines, main refrigerant compressors and control units for the first phase of the Driftwood LNG project.
- 09/08/2023
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US drillers add oil rig for first time since June - Baker Hughes
- U.S. energy firms this week increased the number of oil rigs operating for the first time since June, while cutting the natural gas rig count, energy services firm Baker Hughes said in its closely followed report on Friday.
- 09/08/2023
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Baker Hughes, Pioneer, Diamondback: Energy Stocks on the Rise
- The energy sector has rotated back into leadership, with big S&P 500 components such as Exxon Mobil Corp. NYSE: XOM, Chevron Corp. NYSE: CVX and Schlumberger Ltd. NYSE: SLB trading to the upside in recent weeks.
- 09/08/2023
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Baker Hughes Announces Date for Third Quarter 2023 Earnings Release and Webcast
- HOUSTON and LONDON, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the third quarter ending Sept. 30, 2023, via a press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Wednesday, Oct. 25, 2023. A webcast to discuss the results will be held Thursday, Oct. 26, 2023, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time).
- 09/07/2023
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Permian Oil Drilling Rig Count Falls For Two Straight Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs is down for eight straight weeks.
- 09/06/2023
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Permian Oil Drilling Rig Count Rises for 2 Straight Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs is down for the sixth straight week.
- 08/21/2023
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Baker Hughes data show a decline in the active U.S. oil-drilling rig count
- Baker Hughes BKR, +1.06% on Friday reported that the number of active U.S. rigs drilling for oil fell by 5 to 520 this week. The total active U.S. rig count, which includes those drilling for natural gas, fell 12 to stand at 642, according to Baker Hughes.
- 08/18/2023
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Why Is Baker Hughes (BKR) Up 0.6% Since Last Earnings Report?
- Baker Hughes (BKR) reported earnings 30 days ago. What's next for the stock?
- 08/18/2023
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Energy Stocks Draw Price-Target Hikes From Analyst, As Charts Of Two Look Tempting
- UBS analysts raised their price targets on more than 20 energy stocks Thursday.
- 08/17/2023
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Permian Oil Drilling Rig Count Rises in 2 of the Past 5 Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs is down for five straight weeks.
- 08/15/2023
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Baker Hughes: The LNG Boom Can Be A Catalyst For This Stock
- Investment in liquefied natural gas has greatly stepped up since 2022 when Europe lost its access to piped gas from Russia. As a supplier of gas turbines and other related equipment, Baker Hughes is positioned to benefit from the LNG trend. Baker Hughes' oilfield service business is also benefiting from a renaissance in upstream capex, particularly internationally and offshore.
- 08/13/2023
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US drillers cut oil and gas rigs for fifth week in a row - Baker Hughes
- U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.
- 08/11/2023
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Oil & Gas Are Moving In August, Here Are The 3 Industry Favorites
- Whether it is the forces of commodity cycles, the changing tides of a world economy, or even straight manipulation from the most prominent players who hear whispers from OPEC's next decision, the only certainty is that oil and gas prices are swinging hard. Crude oil has swung from below $60 per barrel in the last quarter to above $80 per barrel as of today's new quarter, and natural gas has followed a similar path.
- 08/09/2023
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3 Stocks to Buy in August That Show No Signs of Slowing Down
- Apple is pulling both its growth levers at full force. The energy sector has been written off too quickly in 2023.
- 08/08/2023
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These 20 companies are big winners this earnings season. What do analysts think about their stocks?
- Quarterly earnings reports are continuing to roll in for the S&P 500 — but earnings season never really ends, because about 20% of companies in the benchmark index have fiscal quarters that don't match the calendar.
- 08/07/2023
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Halliburton, Schlumberger, Baker Hughes: Time to buy oil services stocks?
- Halliburton (HAL) According to recent analysis by UBS, Halliburton Company (NYSE:HAL) beat adjusted earnings per share (EPS) estimates in Q2 2023, reporting $0.77 per share against the investment bank's estimate of $0.73 and the Street's $0.75. Despite an expected decline in North American (NAM) activity, management projects that demand and pricing for its higher quality services, like the ZEUS e-fleets, will remain strong.
- 08/02/2023
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This Leading AI Stock is on the Verge of Breaking Out
- C3.ai AI is one of the most interesting technology companies in the market today.
- 07/31/2023
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US drillers cut oil rigs for eighth month in a row - Baker Hughes
- U.S. energy firms in July cut the number of oil rigs for an eighth straight month while adding natural gas rigs for the first time in three months, energy services firm Baker Hughes said in its closely followed report on Friday.
- 07/28/2023
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Baker Hughes' Big News: Is It a Smart Buy or a Risky Sell?
- Baker Hughes is more than a North American oil equipment and services company. Its international, offshore, LNG, and new energy activities are all growing.
- 07/26/2023
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US drillers cut oil and gas rigs for second week in a row - Baker Hughes
- U.S. energy firms this week reduced the number of oil and natural gas rigs operating for a second week in a row, including the deepest oil rig cut since early June, energy services firm Baker Hughes said in its closely followed report on Friday.
- 07/21/2023
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Baker Hughes data show active U.S. oil-drilling rig count down a 6th straight week
- Baker Hughes BKR, +1.82% on Friday reported that the number of active U.S. rigs drilling for oil fell by 7 to 530 this week. That followed five consecutive weeks of declines for U.S. oil rigs.
- 07/21/2023
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Winners And Losers In The Oilfield Supercycle
- There are no losers in the oil field super cycle, only winners, but winning is relative. While the signs are good that the spending in upstream, natural gas, and efficiency will continue, 1 oilfield services company stands out as the clear winner.
- 07/21/2023
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Baker Hughes: Pricey, but Could Benefit from Rising Oil Demand
- Baker Hughes Company NASDAQ: BKR beat on the top and bottom lines in its second-quarter earnings report on July 19. Earnings per share (EPS) of 39 cents on revenue of $6.32 billion was higher than analysts' expectations for EPS of 32 cents on revenue of $6.27 billion.
- 07/20/2023
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Market Rally Continues at Midday on More Positive Earnings Reports
- The rally in U.S. equities continued at midday on July 19, 2023, buoyed by more strong earnings reports.
- 07/19/2023
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Baker Hughes (BKR) Beats Earnings & Revenue Estimates in Q2
- Higher contributions from the Oilfield Services and Equipment, and Industrial & Energy Technology business units aid Baker Hughes' (BKR) earnings in Q2.
- 07/19/2023
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Baker Hughes (BKR) Q2 Earnings and Revenues Top Estimates
- Baker Hughes (BKR) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.11 per share a year ago.
- 07/19/2023
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Baker Hughes maintains positive LNG outlook as it reports 2Q earnings beat
- Baker Hughes Incorporated (NYSE:BHI) has delivered second-quarter earnings that beat expectations despite volatile commodity prices due to global economic uncertainty. The oil field services company said it is maintaining a “constructive outlook” for global upstream spending in 2023 despite lower oil prices in the first half of the year.
- 07/19/2023
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Baker Hughes beats earnings expectations, is ‘constructive' on upstream spending outlook
- Shares of Baker Hughes Co. BKR, +1.13% slipped 0.7% in premarket trading Wednesday, to pull back from a 13-month closing high in the previous session, even after the oil services company beat second-quarter earnings expectations, with specific strength in its subsea and surface pressure systems business. And despite lower oil prices in the first half of 2023, the company said it remains “constructive” on the outlook for upstream, or extraction, spending, as market softness in North America is expected to be more than offset by strength in international and offshore markets.
- 07/19/2023
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Baker Hughes beats quarterly profit estimates
- U.S. oilfield technology firm Baker Hughes beat second-quarter profit estimates on Wednesday, helped by strong demand for its services and equipment as exploration activities remained resilient despite lower oil prices.
- 07/19/2023
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The nation's biggest banks are gearing up for more consumer struggles ahead
- JPMorgan Chase & Co. Chief Executive Jamie Dimon on Friday said the U.S. economy was basically doing OK, even if customers were spending “a little more slowly.”
- 07/16/2023
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US drillers cut oil and gas rigs for 10th time in 11 weeks - Baker Hughes
- U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th time in 11 weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
- 07/14/2023
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Baker Hughes data show active U.S. oil-drilling rig count down 5 weeks in a row
- Baker Hughes BKR, -1.21% on Friday reported that the number of active U.S. rigs drilling for oil fell by 3 to 537 this week. The total active U.S. rig count, which includes those drilling for natural gas, declined by 5 to stand at 675, according to Baker Hughes.
- 07/14/2023
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Baker Hughes (BKR) Shares Gain 16.6% YTD: What to Expect?
- Baker Hughes (BKR) is strongly committed to returning capital to shareholders and has been a reliable dividend payer in the past two years.
- 07/13/2023
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Natural gas and LNG play a key role in solving the energy 'tri-lemma': Baker Hughes CEO Simonelli
- Lorenzo Simonelli, Baker Hughes CEO, joins 'Closing Bell Overtime' to talk the oil market, natural gas, A.I. and more.
- 07/12/2023
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Permian Oil Drilling Rig Count Falls in 4 of the Past 5 Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs is up after declining for nine straight weeks.
- 07/12/2023
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Baker Hughes (BKR) to Deliver 3 Trains for Texas LNG Project
- Baker Hughes' (BKR) gas technology solution is selected for the Rio Grande LNG project in Texas.
- 07/10/2023
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3 Stocks to Beat on Q2 Earnings Despite XOM's Downbeat View
- Investors should not steer clear of energy companies as there are several firms like PBF Energy (PBF), Precision Drilling (PDS) and Baker Hughes (BKR) that can beat earnings estimates in Q2.
- 07/10/2023
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Baker Hughes data show a fourth straight weekly decline in active U.S. oil-drilling rigs
- Baker Hughes BKR, +4.16% on Friday reported that the number of active U.S. rigs drilling for oil fell by 5 to 540 this week. However, the total active U.S. rig count, which includes those drilling for natural gas, climbed by 6 to stand at 680, according to Baker Hughes.
- 07/07/2023
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These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
- 07/07/2023
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Baker Hughes (BKR) to Supply Gas Technology for Brazil FPSO
- This is Baker Hughes' (BKR) second combined cycle power generation FPSO project for MODEC and Equinor in Brazil's deep waters.
- 07/06/2023
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Permian Oil Rig Count Rises After 4 Straight Weeks of Decline
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs is down for nine straight weeks.
- 07/03/2023
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Baker Hughes data show a third straight weekly decline in active U.S. oil-drilling rigs
- Baker Hughes BKR, +1.67% on Friday reported that the number of active U.S. rigs drilling for oil fell by 1 to 545 this week. The total active U.S. rig count, which includes those drilling for natural gas, declined by 8 to stand at 674, according to Baker Hughes.
- 06/30/2023
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Baker Hughes: A Solid Company But A Bit Overbought Now
- Baker Hughes: A Solid Company But A Bit Overbought Now
- 06/27/2023
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Reasons Why You Should Hold on to Baker Hughes (BKR) Stock Now
- Baker Hughes (BKR) expects to receive massive LNG equipment orders in 2023.
- 06/27/2023
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Permian Oil Rig Count Decreases for Four Straight Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs is down for eight straight weeks.
- 06/27/2023
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US drillers cut oil and gas rigs for eighth week in a row - Baker Hughes
- U.S. energy firms this week cut the number of oil and natural gas rigs operating for an eighth week in a row for the first time since July 2020, energy services firm Baker Hughes Co said in its closely followed report on Friday.
- 06/23/2023
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Baker Hughes (BKR) Gets Subsea Contract for Baleine Project
- Per the terms of the contract, Baker Hughes (BKR) will deliver eight deep-water trees and three Aptara manifolds.
- 06/21/2023
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US drillers reduce oil and gas rigs for 7th consecutive week: Baker Hughes
- US energy companies cut the number of oil and natural gas rigs operating for a seventh week in a row this past week for the first time since July 2020, energy services firm Baker Hughes Co revealed in its report on Friday. The rig count, which is considered an early indicator of future production, declined by 8 to 687 in the week ending June 16, the lowest since April 2022, and down by 53 rigs, or 7%, year over year, Reuters reported.
- 06/19/2023
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US drillers cut oil and gas rigs for seventh week in a row - Baker Hughes
- U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row for the first time since July 2020, energy services firm Baker Hughes Co said in its closely followed report on Friday.
- 06/16/2023
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Baker Hughes data show a weekly decline in active U.S. oil-drilling rigs
- Baker Hughes BKR, +1.59% on Friday reported that the number of active U.S. rigs drilling for oil fell by 4 to 552 this week. The total active U.S. rig count, which includes those drilling for natural gas, declined by 8 to stand at 687, according to Baker Hughes.
- 06/16/2023
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Permian Oil Rig Count Decreases in 5 of 6 Straight Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs is down for six straight weeks.
- 06/12/2023
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US drillers cut oil and gas rigs for sixth week in a row - Baker Hughes
- U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since July 2020, energy services firm Baker Hughes Co said in its closely followed report on Friday.
- 06/09/2023
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Permian Oil Rig Count Decreases in Four of Five Straight Weeks
- In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs is down for five straight weeks.
- 06/05/2023
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US oil rig count falls by most since September 2021 - Baker Hughes
- U.S. energy firms this week cut the number of oil rigs operating by the most since September 2021, reducing the overall count for a fifth week in a row, energy services firm Baker Hughes Co said in its closely followed report on Friday.
- 06/02/2023
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Baker Hughes data show a weekly drop of 15 active U.S. oil-drilling rigs
- Baker Hughes BKR, +3.55% on Friday reported that the number of active U.S. rigs drilling for oil fell by 15 to 555 this week. That marked a fifth straight week of declines in the number of oil rigs.
- 06/02/2023
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AI Stock Breaks Out Ahead Of Earnings; Is AI Stock A Buy Now?
- Artificial intelligence is transforming industries, from defense and utilities to health care and retail. Will C3.ai lead the multibillion-dollar change?
- 05/30/2023
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Permian Oil Rig Count Rises After 3 Straight Weeks of Fall
- In its weekly release, Baker Hughes Company (BKR) reports that the count of oil and gas rigs is down for four straight weeks.
- 05/29/2023
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Baker Hughes: Impressive Quarter Doesn't Make It A Buy Just Yet
- Baker Hughes Company is a solid bet for the long term, given the strong growth they have had and expect to continue having. The market they are in is volatile, but BKR seems to have been able to navigate it quite effectively.
- 05/27/2023
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US oil & gas rigs fall in May by most in a month since 2020 - Baker Hughes
- The U.S. oil and gas rig count fell by 44 this month, in the biggest drop in three years, after energy firms this week cut rigs for a fourth week in a row, energy services firm Baker Hughes Co said in its closely followed report on Friday.
- 05/26/2023
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Baker Hughes data show a fourth straight weekly fall in active U.S. oil-drilling rigs
- Baker Hughes BKR, +0.20% on Friday reported that the number of active U.S. rigs drilling for oil fell by 5 to 570 this week. That marked a fourth straight week of declines in the number of oil rigs.
- 05/26/2023
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Natural-gas prices have dropped by nearly half this year, despite output risks and higher demand prospects
- Risks to U.S. production and an expected spike in demand have failed to rally prices for natural gas, which have dropped by nearly half so far this year.
- 05/23/2023
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Permian Oil Rig Count Decreases for Three Straight Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the count of oil and gas rigs is down for three straight weeks.
- 05/23/2023
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3 Top Stocks That Offer Investors So Much More Than Just Dividends
- ConocoPhillips isn't the kind of company to get greedy during an oil and gas boom. Baker Hughes offers more than exposure to high energy prices and an attractive dividend yield.
- 05/21/2023
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US drillers cut most oil rigs in a week since Sept. 2021 - Baker Hughes
- U.S. energy firms this week cut 11 oil rigs, the most in a week since September 2021, energy services firm Baker Hughes Co said in its closely followed report on Friday.
- 05/19/2023
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Baker Hughes data show active U.S. oil-drilling rigs down a third straight week
- Baker Hughes BKR, +0.23% on Friday reported that the number of active U.S. rigs drilling for oil fell by 11 to 575 this week. That marked a third straight week of declines in number of oil rigs.
- 05/19/2023
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Why Is Baker Hughes (BKR) Down 6.4% Since Last Earnings Report?
- Baker Hughes (BKR) reported earnings 30 days ago. What's next for the stock?
- 05/19/2023
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ETFs in Focus as Oil Prices Rise
- After declining for four consecutive weeks, oil prices rose against the backdrop of the United States' plans to acquire crude for its SPR and the Alberta wildfires. Take a look into ETFs to gain exposure to the energy market.
- 05/16/2023
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8 Stocks Wowed With 50% Profit Growth — Analysts Expect A Repeat
- Missed owning shares of S&P 500 companies that posted massive profit growth in the first quarter? Fear not: Analysts think some of them will do it again in this quarter.
- 05/16/2023
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Baker Hughes data show a second-weekly fall in active U.S. oil-drilling rigs
- Baker Hughes BKR, +1.05% on Friday reported that the weekly number of active U.S. rigs drilling for oil fell by two to 586 this week. The number of oil rigs had fallen by three in the previous week.
- 05/12/2023
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Baker Hughes data show a weekly decline in active U.S. oil-drilling rigs
- Baker Hughes BKR on Friday reported that the weekly number of active U.S. rigs drilling for oil fell three to 588 this week. The total active U.S. rig count, which includes those drilling for natural gas, declined by seven to 748, according to Baker Hughes.
- 05/05/2023
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This Energy Stock Is a Screaming Buy
- Baker Hughes' self-help initiatives are progressing well. Investment in LNG and new energy is another key long-term driver.
- 04/29/2023
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Popular AI Stock Plunges On Downgrade; Why Its Astronomical Run Is At Risk
- An analyst downgraded popular artificial intelligence company C3.ai on Monday, citing growth concerns that could weigh on AI stock. The post Popular AI Stock Plunges On Downgrade; Why Its Astronomical Run Is At Risk appeared first on Investor's Business Daily.
- 04/24/2023
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VettaFi Voices On: The Case for the “E” in ESG ETFs This Earth Day
- With Earth Day arriving this week, the VettaFi Voices had ESG investing on their minds — particularly, the “E.
- 04/22/2023
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Baker Hughes data show a weekly climb in active U.S. oil-drilling rigs
- Baker Hughes BKR on Friday reported that the weekly number of active U.S. rigs drilling for oil climbed for the first time in four weeks, up by three to 591 this week. The total active U.S. rig count, which includes those drilling for natural gas, climbed by five to 753, according to Baker Hughes.
- 04/21/2023
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Baker Hughes Is A High-Yield Play On Electrification
- As odd as it may sound, Baker Hughes (NASDAQ: BKR) is a high-yield play on electrification. The company is an oilfield services provider, a company you'd think would be put out of business by the shift toward electrification.
- 04/20/2023
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Baker Hughes (BKR) Beats Q1 Earnings and Revenue Estimates
- Baker Hughes (BKR) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.15 per share a year ago.
- 04/19/2023
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Baker Hughes reports earnings surge as sales climb in “unique” environment
- Baker Hughes Incorporated (NYSE:BHI) has reported a surge in first-quarter earnings as a favourable macroeconomic backdrop resulted in strong demand for its oilfield services and energy technology. The company attributed the performance partly to its Industrial & Energy Technology (IET) and Subsea & Surface Pressure Systems (SSPS) business segments.
- 04/19/2023
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Baker Hughes Stock: Oil Field Services Giant Tops Earnings Views, Leads Off Industry Reports
- Fellow oil field service firms SLB, formerly Schlumberger, and Halliburton report next. The post Baker Hughes Stock: Oil Field Services Giant Tops Earnings Views, Leads Off Industry Reports appeared first on Investor's Business Daily.
- 04/19/2023
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Baker Hughes beats profit and revenue expectations, amid strength in oilfield services and equipment orders
- Baker Hughes Co. BKR, +1.20% reported Wednesday first-quarter profit and revenue that rose above expectations, amid strength in its oilfield services and equipment business. The oil services company's stock was little changed in the premarket.
- 04/19/2023
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Permian Oil Rig Count Increases for Two Straight Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the count of oil and gas rigs is down for three straight weeks.
- 04/17/2023
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Baker Hughes data show a third straight weekly fall in active U.S. oil-drilling rigs
- Baker Hughes BKR, -1.58% on Friday reported that the number of active U.S. rigs drilling for oil fell for a third week in a row, down by two to 588 this week. The total active U.S. rig count, which includes those drilling for natural gas, declined by three to 748, according to Baker Hughes.
- 04/14/2023
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Baker Hughes reports a second straight weekly fall in active U.S. oil-drilling rigs
- Baker Hughes BKR on Friday reported that the number of active U.S. rigs drilling for oil fell for a second week in a row, down by two to 590 this week. The data came out a day earlier than usual given that most U.S. markets will be closed for Good Friday.
- 04/06/2023
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Baker Hughes (BKR) Gets Order to Supply MRCs for NFS Project
- Baker Hughes (BKR) will conduct the packaging, manufacturing and testing of the gas turbine/compressor trains at its Gas Technology facilities in Italy.
- 04/04/2023
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Is It Time to Buy the Nasdaq's 3 Worst-Performing March Stocks?
- Baker Hughes slipped as oil prices fell. Zscaler shares pulled back despite a strong earnings report.
- 04/04/2023
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TOP ENERGY ANALYST SEES CRUDE HEADING BEYOND $100
- Paul Sankey, Sankey Research and Institutional Investor, on crude oil with CNBC's Melissa Lee and the Fast Money traders.
- 04/03/2023
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Permian Oil Rig Count Falls After 2-Straight Week of Increase
- In its weekly release, Baker Hughes Company (BKR) reports that the count of oil and gas rigs plummets after increasing for two straight weeks.
- 04/03/2023
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Baker (BKR) Secures Contract for Port Arthur Phase I Project
- Baker Hughes (BKR) to supply essential LNG liquefaction equipment for the Port Arthur LNG Phase I Project by Sempra Infrastructure.
- 04/03/2023
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Permian Oil Rig Count Increases for Two Straight Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the number of oil and gas rigs has risen for two weeks straight.
- 03/27/2023
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Baker Hughes reports a weekly rise in active U.S. oil-drilling rigs
- Baker Hughes BKR, +0.67% on Friday reported that the number of active U.S. rigs drilling for oil rose by four to 593 this week. That followed declines in each of the past five weeks.
- 03/24/2023
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Permian Oil Rig Count Rises After 4 Straight Weeks of Decline
- In its weekly release, Baker Hughes Company (BKR) reports that the count of oil and gas rigs rises following a decline in four straight weeks.
- 03/21/2023
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Baker Hughes (BKR) to Offer Additive Manufacturing Solutions
- As part of the agreement with Oqton, Baker Hughes (BKR) is incorporating Oqton's MOS into its workflow, including its additive manufacturing solutions developed for vertical applications over the last 10 years.
- 03/14/2023
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Permian Oil Rig Count Falls for 4 Straight Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the count of oil and gas rigs decreases in four straight weeks.
- 03/13/2023
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3 Red Flags for C3.ai's Future
- A complicated product and transitioning billing model leave a lot of question marks. Operating expenses exceed revenue.
- 03/13/2023
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Baker Hughes data show a 4th straight weekly decline in active U.S. oil-drilling rigs
- Baker Hughes BKR, -2.23% on Friday reported that the number of active U.S. rigs drilling for oil fell by two to 590 this week. That followed declines in each of the past three weeks.
- 03/10/2023
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Baker Hughes (BKR) to Develop DAC Technology With HIF Global
- Baker Hughes (BKR) and HIF Global plan to examine the Mosaic Materials technology of the former to enhance DAC deployment at a commercial scale.
- 03/09/2023
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Baker Hughes CEO on recession threat, global energy markets and higher interest rates
- CNBC's Brian Sullivan talks to Baker Hughes CEO Lorenzo Simonelli about the global energy markets on 'Closing Bell: Overtime.'
- 03/06/2023
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Baker Hughes CEO on LNG, Oil, China Growth
- Baker Hughes Chairman & CEO Lorenzo Simonelli gives his outlook for the year. He discusses China's 5% growth target, LNG capacity and oil in an interview with Bloomberg's Alix Steel at CERAWeek by S&P Global in Houston.
- 03/06/2023
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Why C3.ai Stock Zigzagged on Monday
- Kerrisdale Capital issued a short report on C3.ai stock Monday morning. C3, said the short-seller, is nothing more than a "no-growth, cash-burning industry flop.
- 03/06/2023
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Is C3.ai Stock a Buy Now?
- C3's Q3 earnings cleared Wall Street's low bar. It expects its growth to remain sluggish for the rest of the year.
- 03/06/2023
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Permian Oil Rig Count Falls for 2 Straight Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the count of oil and gas rigs decreases in two straight weeks.
- 03/01/2023
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Baker Hughes data show a weekly decline in active U.S. oil-drilling rigs
- Baker Hughes BKR, -4.46% on Friday reported that the number of active U.S. rigs drilling for oil fell by two to 609 this week. That followed a climb of 10 oil rigs last week.
- 02/17/2023
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The 5 Best and Worst Performing Energy Stocks in January 2023
- Energy was the best performing segment last year, and they are expected to perform well this year also.
- 02/14/2023
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Permian Oil Rig Count Up After 3 Straight Weeks of Fall
- In its weekly release, Baker Hughes Company (BKR) reports that the count of oil and gas rigs increase in two of the past five weeks.
- 02/13/2023
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Baker Hughes data show a weekly increase in active U.S. oil-drilling rigs
- Baker Hughes BKR, +1.82% on Friday reported that the number of active U.S. rigs drilling for oil rose by 10 to 609 this week. That followed declines in each of the three previous weeks.
- 02/10/2023
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Permian Oil Drilling Rig Count Up in 4 of 10 Weeks
- : In its weekly release, Baker Hughes Company (BKR) reports that since June 2020, the upstream energy players have cut the count of oil and gas rigs by the most.
- 02/06/2023
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Baker Hughes data show a third weekly decline in active U.S. oil-drilling rigs
- Baker Hughes BKR, +0.32% on Friday reported that the number of active U.S. rigs drilling for oil fell by 10 to 599 this week. That followed declines in each of the two previous weeks.
- 02/03/2023
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This Clue Helps Spot The Best Stocks To Watch, Including These 11
- The best stocks to watch often hail from the top-ranked industries. Here's a look 11 stocks, including VRTX ad ULTA, that fit that bill.
- 01/31/2023
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Oil and gas industries are back, says Baker Hughes CEO
- Lorenzo Simonelli, CEO of Baker Hughes, joins CNBC for an exclusive interview at this year's Baker Hughes conference and what he foresees for the gas and oil sector in 2023.
- 01/31/2023
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Halliburton Stock, Baker Hughes And SLB Plan Return 50% (Or More) to Investors
- Halliburton stock and other leading oilfield service plays show strength coming off of earnings, with optimistic outlooks for 2023. The post Halliburton Stock, Baker Hughes And SLB Plan Return 50% (Or More) to Investors appeared first on Investor's Business Daily.
- 01/30/2023
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1 Energy Stock to Buy Hand Over Fist
- If management can hit its restructuring goals and a long cycle of investment in the industry plays out, then this equipment and services company is set to benefit.
- 01/28/2023
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Does Oil Services Firm NOV Have Enough Energy To Maintain Rally?
- The stock advanced more than 6% for the week, as of January 26. The broader large-cap energy sector, as tracked by the Energy Select Sector SPDR Fund (NYSEARCE: XLE), is up 2.87% in January.
- 01/28/2023
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Baker Hughes data show a second weekly decline in active U.S. oil-drilling rigs
- Baker Hughes bkr on Friday reported that the number of active U.S. rigs drilling for oil fell by four to 609 this week. That followed a decline of 10 in the previous week.
- 01/27/2023
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US Markets Rise on Fed Expectations and Earnings
- U.S. equities indexes posted gains on Jan. 23 to start off the the week, with a boost from tech stocks and strength in the semiconductor industry.
- 01/23/2023
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Baker Hughes Company (BKR) Q4 2022 Earnings Call Transcript
- Baker Hughes Company (NASDAQ:BKR ) Q4 2022 Results Conference Call January 23, 2023 8:30 AM ET Company Participants Jud Bailey - Vice President of Investor Relations Lorenzo Simonelli - Chairman and CEO Nancy Buese - CFO Conference Call Participants James West - Evercore ISI Scott Gruber - Citi Chase Mulvehill - Bank of America Arun Jayaram - JPMorgan Dave Anderson - Barclays Marc Bianchi - Cowen Operator Good day, ladies and gentlemen, and welcome to the Baker Hughes Company Fourth Quarter and Full Year 2022 Earnings Call [Operator Instructions]. As a reminder, this conference call is being recorded.
- 01/23/2023
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Baker Hughes (BKR) Misses on Q4 Earnings, Reorganizes Segments
- Higher costs and expenses hurt Baker Hughes' (BKR) earnings in Q4.
- 01/23/2023
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Permian Oil Drilling Rig Count Up in 4 of the Past 6 Weeks
- : In its weekly release, Baker Hughes Company (BKR) reports that the total U.S. rig count is up in seven of the prior 12 weeks.
- 01/23/2023
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Baker Hughes (BKR) Misses Q4 Earnings and Revenue Estimates
- Baker Hughes (BKR) delivered earnings and revenue surprises of -7.32% and 2.55%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 01/23/2023
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Baker Hughes Stock Teases Buy Point On 2023 Oil Optimism, Despite Q4 Miss
- Baker Hughes edged up early Monday as oilfield service industry stocks are in the midst of a rally. The post Baker Hughes Stock Teases Buy Point On 2023 Oil Optimism, Despite Q4 Miss appeared first on Investor's Business Daily.
- 01/23/2023
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Baker Hughes data show a decline in active U.S. oil-drilling rigs
- Baker Hughes BKR, +1.12% on Friday reported that the number of active U.S. rigs drilling for oil fell by 10 to 613 this week. That followed an increase of five oil rigs in the previous week.
- 01/20/2023
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Permian Oil Drilling Rig Count Up in 4 of Prior 5 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the total U.S. rig count is up in five of the prior 10 weeks.
- 01/17/2023
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These Were The Five Best And Worst Performing Energy Stocks In December 2022
- The energy sector has had a great 2022, and it dramatically outperformed the S&P 500.
- 01/16/2023
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Baker Hughes data show a weekly climb in active U.S. oil-drilling rigs
- Baker Hughes BKR, -0.49% on Friday reported that the number of active U.S. rigs drilling for oil rose by five to 623 this week. That followed a decline of three in the previous week.
- 01/13/2023
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Permian Oil Drilling Rig Count Up in 3 of Prior 4 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the total U.S. rig count is up in five of the prior 10 weeks.
- 01/09/2023
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Here's Why Hold Strategy is Apt for Baker Hughes (BKR) Stock
- Baker Hughes (BKR) is committed to returning capital to shareholders. It also has a strong balance sheet.
- 01/06/2023
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Permian Oil Drilling Rig Count Up Over 3 Consecutive Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the total U.S. rig count is up in five of the prior nine weeks.
- 01/04/2023
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Baker Hughes (BKR) to Supply Advanced Equipment for CCS Project
- Baker Hughes (BKR) will supply turbo-compression equipment to the Kasawari CCS project, which is expected to be one of the world's largest offshore CCS projects.
- 01/04/2023
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These 3 Stocks Have Plenty of Room to Run
- Here are three growth stocks to buy now, while you wait for a bull market in 2023.
- 01/04/2023
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Permian Oil Drilling Rig Count Rises in 7 of Prior 12 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the total U.S. rig count is up in five of the prior eight weeks.
- 12/28/2022
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Is the Options Market Predicting a Spike in Baker Hughes (BKR) Stock?
- Investors need to pay close attention to Baker Hughes (BKR) stock based on the movements in the options market lately.
- 12/27/2022
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How to Find Strong Oils and Energy Stocks Slated for Positive Earnings Surprises
- Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
- 12/26/2022
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3 Oil Stocks to Watch as Crude Prices Pop
- The price of crude is jumping today, amid an impending expectation of a drop in Russian oil supplies.
- 12/23/2022
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Jefferies Makes Massive 2023 Changes to ‘Strong Buy' Franchise List of Top Stock Picks
- All the companies that we follow here at 24/7 Wall St. keep a curated list for their institutional and high net worth retail clients of their highest conviction stock picks.
- 12/22/2022
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11 Big Companies' Profit Will Boom In 2023, Analysts Say
- Worried about S&P 500 companies' profit dying up next year? Don't be. You just need to know where the money's going.
- 12/21/2022
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Permian Oil Drilling Rig Count Rises in 5 of Prior 10 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the total U.S. rig count is up in six of the prior 10 weeks.
- 12/19/2022
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Baker Hughes data show a second straight weekly decline in active U.S. oil-drilling rigs
- Baker Hughes [s: bkr] on Friday reported that the number of active U.S. rigs drilling for oil fell by five to 620 this week. That followed a decline of two in the previous week.
- 12/16/2022
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Baker Hughes: An Underappreciated Oilfield Services Company
- The strong demand for oil, gas, and LNG should benefit Baker Hughes Company. If the company succeeds in cutting costs as planned, it could add to its returns.
- 12/13/2022
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You Can Still Score On 6 Stocks Before They Join The Nasdaq 100
- Getting a jump-start on other investors is part of investing. And analysts think there's an opportunity to leap ahead of a major index.
- 12/13/2022
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Permian Oil Drilling Rig Count Rises in 5 of Prior 10 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the total U.S. rig count is up in six of the prior nine weeks.
- 12/12/2022
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Giant Fund Dumps Carnival Stock, Buys Snap, Warner Bros., and Baker Hughes
- South Korea's pension, one of the world's biggest, sold all its Carnival stock, and increased stakes in Snap, Warner Bros. Discovery, and Baker Hughes in the third quarter.
- 12/11/2022
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4 Oil & Gas Stocks That Gained More Than 100% This Year
- With high oil and gas prices, the energy market witnessed ramped-up drilling activities in prolific basins across the globe this year. Frontrunners in the industry include PDS, NEX, NINE & YPF.
- 12/07/2022
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Permian Oil Drilling Rig Count Rises in 7 of Prior 12 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the total U.S. rig count is up in six of the prior eight weeks.
- 12/05/2022
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3 Dirt Cheap Dividend Stocks to Buy in December
- These stocks are a bargain for patient investors.
- 12/04/2022
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Oil Stocks Bounce As China Concerns Ease
- Oil stocks and prices bounced Tuesday as China moved to ease concerns over its strict zero-Covid policy. The post Oil Stocks Bounce As China Concerns Ease appeared first on Investor's Business Daily.
- 11/29/2022
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Permian Oil Drilling Rig Count Rises in 7 of Prior 11 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the total U.S. rig count is up in six of the prior seven weeks.
- 11/28/2022
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China Protests Vs. Covid Policy Rock Markets; Oil Stocks Lead Declines
- China Covid policies stirred protests sending U.S. crude futures near 12-month lows Monday. Oil stocks posted some of the deepest early declines.
- 11/28/2022
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Permian Oil Drilling Rig Count Rises in 6 of Prior 10 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the total U.S. rig count is up in five of the prior six weeks.
- 11/23/2022
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These Were The Five Best And Worst Performing Energy Stocks In October 2022
- After months of dismal performance, the U.S. stock market climbed in October, with the energy sector recording the largest increase.
- 11/21/2022
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Baker Hughes data show a third straight weekly climb in active U.S. oil-drilling rigs
- Baker HughesBKR on Friday reported that the number of active U.S. rigs drilling for oil rose by one to 623 this week. That followed an increase of nine in the previous week, and is a third straight weekly rise.
- 11/18/2022
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Baker Hughes (BKR) Up 15% Since Last Earnings Report: Can It Continue?
- Baker Hughes (BKR) reported earnings 30 days ago. What's next for the stock?
- 11/18/2022
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Baker Hughes Announces Date for Fourth Quarter and Full-Year 2022 Earnings Release and Webcast
- HOUSTON and LONDON , Nov. 16, 2022 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will hold a webcast on Monday, Jan. 23, 2023, to discuss the results for the fourth quarter and full year ending Dec. 31, 2022. The webcast is scheduled to begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). A press release announcing the results will be issued at 7 a.m. Eastern Time (6 a.m. Central Time).
- 11/16/2022
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Oil Stock Headed Higher This Quarter
- Baker Hughes Company (NASDAQ: BKR) is an energy technology company that provides solutions to the energy and industrial industries in over 120 countries.
- 11/15/2022
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US drillers add oil and gas rigs for second week in a row: Baker Hughes
- Even though the rig count increased during most months over the past two years, weekly increases have averaged zero since the start of the pandemic in March 2020.
- 11/11/2022
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Baker Hughes data show a second straight weekly climb in active U.S. oil-drilling rigs
- Baker Hughes BKR, +1.67% on Friday reported that the number of active U.S. rigs drilling for oil rose by nine to 622 this week. That followed an increase of three in the previous week.
- 11/11/2022
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3 Oil & Energy Stocks Still Poised for Growth
- Although Oil and Energy stocks have enjoyed impressive rallies throughout the year many stocks in the sector are still poised for growth. The sector is one of the few areas of the economy expected to see growth in fiscal year 2023.
- 11/07/2022
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Baker Hughes (BKR) Q3 Earnings Beat Estimates
- Baker Hughes (BKR) delivered earnings and revenue surprises of 4% and 1.43%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/19/2022
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Baker Hughes Company (BKR) Q3 2022 Earnings Call Transcript
- Baker Hughes Company (NASDAQ:BKR ) Q3 2022 Earnings Conference Call October 19, 2022 8:30 AM ET Company Participants Jud Bailey - Vice President, Investor Relations Lorenzo Simonelli - Chairman and Chief Executive Officer Brian Worrell - Chief Financial Officer Conference Call Participants James West - Evercore Chase Mulvehill - Bank of America Arun Jayaram - JPMorgan Marc Bianchi - Cowen Neil Mehta - Goldman Sachs Dave Anderson - Barclays Operator Good day, ladies and gentlemen and welcome to Baker Hughes Company Third Quarter 2022 Earnings Call. [Operator Instructions] As a reminder, this conference call is being recorded.
- 10/19/2022
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Baker Hughes taps Newmont's Nancy Buese as CFO
- Oilfield services firm Baker Hughes Co said on Wednesday Nancy Buese will take over as chief financial officer, effective Nov. 2, replacing Brian Worrell.
- 10/19/2022
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Baker Hughes Co. posts loss but adjusted profit beats target
- Shares of Baker Hughes Co. BKR, +1.04% rose 0.9% in premarket trades Wednesday after the drill bit maker beat its adjusted earnings target. Baker Hughes reported a third-quarter loss of $17 million, or 2 cents a share, after net income of $8 million, or a penny a share, in the year-ago period.
- 10/19/2022
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Oilfield services provider Baker Hughes posts loss on charges
- Baker Hughes Co posted a quarterly loss on Wednesday, compared with a profit a year ago, hit by $230 million in restructuring and impairment charges related to the oilfield services provider's latest reorganization.
- 10/19/2022
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Permian Oil Drilling Rig Count Rises for Two Straight Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is higher in the Permian Basin.
- 10/18/2022
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Investor demand for energy stocks will soon increase ‘dramatically,' analyst says
- Investors appear ready to starting buying energy stocks again as earnings start rolling in. They are looking to boost their weightings in the sector given healthy free-cash flows (FCF), said analyst Neal Dingmann at Truist.
- 10/17/2022
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What's in the Offing for Baker Hughes' (BKR) Q3 Earnings?
- Higher oil price is likely to have aided Baker Hughes' (BKR) oilfield service business in Q3.
- 10/17/2022
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Watch Out: 4 Companies Reliably Fail Every Earnings Season
- Most S&P 500 companies easily beat earnings estimates every quarter. So you'll want to take note of the handful that can't measure up.
- 10/17/2022
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Baker Hughes data show a weekly climb in active U.S. oil-drilling rigs
- Baker Hughes [s: bkr] on Friday reported that the number of active U.S. rigs drilling for oil rose by eight to 610 this week. That followed a decline of two in the previous week.
- 10/14/2022
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Is Baker Hughes' Stock a Buy?
- Management has big plans for the storied oilfield services company.
- 10/14/2022
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5 Stocks To Avoid Like The Plague When The Recession Starts
- Many S&P 500 investors are convinced a recession is on the way. And if it is, you'll want to know which stocks to avoid.
- 10/06/2022
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Buy these 3 Energy Stocks?
- While oil prices were bound for a correction, Oil and Energy is still the top-rated Zacks Sector, which might leave some investors wondering what to do with energy stocks.
- 10/05/2022
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Permian Oil Rig Count Rises in Two of Past Three Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is flat in the Permian Basin.
- 10/03/2022
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Baker Hughes data show a third-straight weekly rise in active U.S. oil-drilling rigs
- Baker Hughes BKR, +0.14% on Friday reported that the number of active U.S. rigs drilling for oil rose by two to 604 this week. That followed increases in each of the past two weeks.
- 09/30/2022
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4 Low Price-Book Ratio Stocks
- Screening for stocks with market caps over $10 billion and price-book ratios near or below 1.5 could provide a good starting point for value investors as they seek to find opportunities among the myriad of U.S.-listed stocks. Thus, value investors may want to consider the following stocks, as they meet the above criteria and are recommended by Wall Street.
- 09/26/2022
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Permian Oil Drilling Rig Count Rises for Two Straight Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is higher in the Permian Basin.
- 09/26/2022
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Baker Hughes data show a second straight weekly climb in active U.S. oil-drilling rigs
- Baker Hughes BKR, -5.96% on Friday reported that the number of active U.S. rigs drilling for oil rose by three to 602 this week. That followed an increase of eight the week before.
- 09/23/2022
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7 Oil Stocks to Buy on the Dip or You'll Be Kicking Yourself Later
- Featuring one of the market's love-hate affairs, the relevant-though-controversial category of oil stocks to buy will likely become increasingly intriguing to investors. Facing what could be a brutal winter for much of the world, geopolitical tensions cynically facilitate upside catalysts for hydrocarbon-related companies.
- 09/21/2022
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Baker Hughes data show a weekly climb in active U.S. oil-drilling rigs
- Baker Hughes BKR, -3.04% on Friday reported that the number of active U.S. rigs drilling for oil rose by eight to 599 this week. That followed declines in each of the previous two weeks.
- 09/16/2022
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Baker Hughes Announces Date for Third Quarter 2022 Earnings Release and Webcast
- HOUSTON and LONDON, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will hold a webcast Wednesday, Oct. 19, 2022, to discuss the results for the third quarter ending Sept. 30, 2022. The webcast is scheduled to begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). A press release announcing the results will be issued at 7 a.m. Eastern Time (6 a.m. Central Time).
- 09/16/2022
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Helium One inks Baker Hughes partnership as it prepares to drill Tanzania well
- Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has announced a milestone partnership ahead of phase II drilling at its Rukwa project in Tanzania. It has signed a letter of intent with the international oil and gas consultants Baker Hughes, which will provide integrated services ahead of the ‘spudding' of an evaluation well in January or February next year.
- 09/14/2022
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Permian Oil Drilling Rig Count Falls for Two Straight Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is lower in the Permian Basin.
- 09/13/2022
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Baker Hughes: An Oil Service Leader With Tailwinds
- Baker Hughes Co. ( BKR , Financial) provides technologies and services to energy and industrial companies on a global basis. It has historically operated through four segments: Oilfield Services, Oilfield Equipment, Turbomachinery & Process Solutions and Digital Solutions.
- 09/09/2022
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Baker Hughes data show a second straight weekly decline in active U.S. oil-drilling rigs
- Baker Hughes BKR, +5.02% on Friday reported that the number of active U.S. rigs drilling for oil fell by five to 591 this week. That followed a decline of nine oil rigs the week before.
- 09/09/2022
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Baker Hughes to restructure organization into two units
- Oilfield services firm Baker Hughes Co said on Tuesday it will simplify its organizational structure by reducing its business units to two from four, starting Oct. 1.
- 09/06/2022
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Baker Hughes to restructure organization, to cut number of reporting segments in half
- Baker Hughes Co. BKR, +2.76% announced Tuesday a restructuring aimed at simplifying the organization and improving profitability. The oilfield products and services company said it expects to cut costs by at least $150 million, as it restructures its four product companies to focus on two reporting businesses, and streamlines its corporate structure.
- 09/06/2022
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Permian Oil Drilling Rig Count Falls in 4 of 5 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is lower in the Permian Basin.
- 09/05/2022
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This Shortage Could Send Oil Stocks (and Dividends) Soaring
- Oil companies don't have what they need to pump more oil.
- 09/03/2022
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Baker Hughes data show a weekly drop in the number of active U.S. oil-drilling rigs
- Baker Hughes BKR, +3.56% on Friday reported that the number of active U.S. rigs drilling for oil fell by 9 to 596 this week. That followed an increase of 4 oil rigs the week before.
- 09/02/2022
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Energy stocks are in a 'sweet spot' with no resolution to the energy crisis on the horizon, JPMorgan says
- The S&P 500 Energy sector is a standout because of attractive valuations and strong fundamentals. The sector is the top gainer on the S&P 500 index.
- 09/02/2022
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This outperforming fund manager looks for four traits in stocks — and has found them in these nine companies
- If you think the stock market pullback presents a buying opportunity, you may want to think again.
- 08/30/2022
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Permian Oil Rig Count Rises After 3 Straight Weeks of Decline
- In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is higher in the Permian Basin.
- 08/29/2022
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Oil Companies Focus On Buybacks Before Production Increases
- Oil companies are focusing on returning money to investors over increasing oil production. The post Oil Companies Focus On Buybacks Before Production Increases appeared first on Investor's Business Daily.
- 08/25/2022
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LNG Stocks To Watch As Natural Gas Prices Retreat From 14-Year Highs
- LNG stocks were mixed Tuesday as U.S. natural gas futures fell back from levels not seen since 2008.
- 08/23/2022
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Is Now the Time to Buy Oil Equipment and Services Stocks?
- There's a healthy bull vs. bear debate over the oil services sector.
- 08/23/2022
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Short-Term Pain, Long-Term Gain: Inside Baker Hughes' Vision For The Energy Transition
- A recent analysis by the Houston Chronicle compared Baker Hughes' returns with other oilfield service companies. The analysis overlooked the need for transformation in this sector, praising Halliburton and Schlumberger for oil-focused strategies that might come back to haunt them.
- 08/22/2022
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Why Is Baker Hughes (BKR) Up 0.3% Since Last Earnings Report?
- Baker Hughes (BKR) reported earnings 30 days ago. What's next for the stock?
- 08/19/2022
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5 Stocks Wall Street Thinks Could Soar
- The featured stocks all trade at substantial discounts to analyst price targets.
- 08/16/2022
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These Were The Five Best And Worst Performing Large-Cap Stocks In July 2022
- Large-cap stocks are a must for investors looking for some stability in their portfolio.
- 08/08/2022
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Baker Hughes to sell OFS Russia business to local management team
- Baker Hughes Co. BKR, +2.84% announced Monday an agreement to sell its oilfield services (OFS) business in Russia to its local management team. Financial details of the deal were not disclosed.
- 08/01/2022
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Baker Hughes data show a weekly rise in the number of active U.S. oil-drilling rigs
- Baker Hughes BKR, +1.06% on Friday reported that the number of active U.S. rigs drilling for oil was up by 6 to 605 this week. The total active U.S. rig count, which includes those drilling for natural gas, also climbed by 9 to 767, according to Baker Hughes.
- 07/29/2022
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Oil Stocks: Will Oil Rig Leaders' Earnings Show Oil Production Increasing?
- Oil stocks have led the market's upside throughout 2022 despite little progress in oil production. This week's reports could show more oil is coming.
- 07/27/2022
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High energy demand could lead to higher prices in the coming weeks, Goldman Sachs' Damien Courvalin
- Damien Courvalin, Goldman Sachs head of energmur research, joins CNBC's 'Squawk Box' to break down his outlook for energy prices amid strong demand.
- 07/22/2022
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Why Baker Hughes Stock Is Tumbling Hard Today
- Fears of a recession are catching up fast with the energy industry.
- 07/20/2022
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Baker Hughes misses earnings on ‘deteriorating' oil demand
- Yahoo Finance Live anchors Julie Hyman, Brad Smith and Brian Sozzi discuss second-quarter earnings for Baker Hughes.
- 07/20/2022
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Baker Hughes shares down 15% on Q2 results: oil demand is ‘deteriorating'
- Shares of Baker Hughes Co (NASDAQ: BKR) are down nearly 15% on Wednesday after the oilfield services company reported weaker-than-expected results for its fiscal second quarter.
- 07/20/2022
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Baker Hughes (BKR) Misses Earnings & Revenue Estimates in Q2
- A decline in cost productivity and inflation pressures in Digital Solutions hurt Baker Hughes' (BKR) earnings in Q2.
- 07/20/2022
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Baker Hughes (BKR) Q2 Earnings and Revenues Lag Estimates
- Baker Hughes (BKR) delivered earnings and revenue surprises of -50% and 6.06%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/20/2022
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Why Baker Hughes Shares Are Diving Today
- Baker Hughes Co (NASDAQ: BKR) reported a second-quarter revenue decline of 2% year-over-year and a 4% growth sequentially to $5.05 billion, missing the consensus of $5.34 billion. Orders grew by 15% Y/Y to $5.9 billion and were down 14% sequentially.
- 07/20/2022
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This Is A Turning Point For Baker Hughes Stock
- Shares of Baker Hughes (NYSE: BKR) fell roughly 5.0% in the wake of the Q2 results but we are viewing the drop as a buying opportunity that could be worth 40% or more over the next few quarters. The company missed the top and bottom line estimates which is not something we like to see.
- 07/20/2022
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Baker Hughes stock drops after adjusted profit and revenue miss expectations, demand seen deteriorating
- Shares of Baker Hughes Co. BKR, +3.90% dropped 4.3% in premarket trading Wednesday, after the oilfield products and services company reported second-quarter results that missed expectations, as component shortages, supply chain inflation and the suspension of Russian operations weighed on results. Net losses widened to $839 million, or 84 cents a share, from $68 million, or 8 cents a share, in the year-ago period.
- 07/20/2022
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Baker Hughes adjusted profit rises 37% as oilfield services demand booms
- Baker Hughes Co on Wednesday reported a 37.34% rise in adjusted second-quarter profit from a year earlier, fueled by strong demand for its oilfield services from companies looking to raise production amid a surge in oil prices.
- 07/20/2022
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Permian Basin Oil Rig Count Falls, Granite Wash Tally Rises
- In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is lower in the Permian Basin.
- 07/19/2022
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Oilfield Servicers Look to Register Double-Digit Earnings Growth
- The Zacks Oils and Energy Sector has been one of the best places for investors to park cash throughout 2022, increasing more than 10% in value
- 07/15/2022
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Baker Hughes (BKR) Earnings Expected to Grow: Should You Buy?
- Baker Hughes (BKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/13/2022
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Permian Basin & Granite Wash Crude Oil Rig Count Increases
- In its weekly release, Baker Hughes Company (BKR) reports that the count of oil drilling rigs in the prolific Permian basin has increased.
- 07/11/2022
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Baker Hughes (BKR) Flat As Market Sinks: What You Should Know
- Baker Hughes (BKR) closed the most recent trading day at $28.47, making no change from the previous trading session.
- 07/08/2022
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Permian Basin Oil Rig Count Flat, Eagle Ford Tally Declines
- In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is flat in the Permian Basin.
- 07/04/2022
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Baker Hughes (BKR) Wins Contract for Gas Pipeline Project
- The contract marks the first time for Baker Hughes (BKR) to install its ICL decarbonization technology for pipeline compression in North America.
- 06/30/2022
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7 Beaten-Down Nasdaq Stocks to Buy Before They Rebound
- Investors who can ride out the short-term volatility are poised to find attractive Nasdaq stocks to buy at bargain valuations. These are the best Nasdaq stocks to buy before they rebound.
- 06/29/2022
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Permian Basin & Eagle Ford Crude Oil Rig Count Increases
- In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is higher in the Permian Basin.
- 06/27/2022
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Permian Crude Oil Rig Count Flat, Eagle Ford Tally Increases
- In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is flat in the Permian Basin.
- 06/20/2022
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Permian Oil Rig Count Increases Amid High Crude Price
- In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is higher in both Permian and Eagle Ford.
- 06/15/2022
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4 Oilfield Services Stocks to Gain From the Flourishing Industry
- With drillers returning to the oil patches, demand for oilfield services has improved significantly, making the outlook for the Zacks Oil and Gas- Field Services industry bright again. Among the frontrunners that might make the most of the improving business scenario are SLB, HAL, BKR and PUMP.
- 06/14/2022
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4 Nasdaq 100 stocks that are defying gravity in 2022
- The Nasdaq 100 index retreated to the lowest level since November 2020 as worries of rising interest rates and recession continued. The tech-heavy index has retreated by 30% this year as investors wonder about whether the bubble is bursting.
- 06/13/2022
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Permian Oil Rig Count Declines Despite High Crude Price
- In its weekly release, Baker Hughes Company (BKR) reports that the U.S. rig count is lower than the prior-week tally.
- 05/30/2022
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Pete Najarian spots unusual activity in the options market
- "Halftime Report" trader Pete Najarian spots unusual activity in the options market
- 05/24/2022
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Permian Oil Rig Count Rises After Being Flat in Past 2 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the U.S. rig count is higher than the prior-week tally.
- 05/23/2022
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Positive Surprises at Covid Lows
- Bigger-than-expected cost pressures are causing an above-average proportion of companies to miss earnings estimates at this stage in the 2022 Q1 season.
- 04/20/2022
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Baker Hughes Company (BKR) CEO Lorenzo Simonelli on Q1 2022 Results - Earnings Call Transcript
- Baker Hughes Company (NASDAQ:BKR ) Q1 2022 Earnings Conference Call April 20, 2022 8:30 AM ET Company Participants Jud Bailey - Vice President, Investor Relations Lorenzo Simonelli - Chairman and Chief Executive Officer Brian Worrell - Chief Financial Officer Conference Call Participants James West - Evercore ISI Chase Mulvehill - Bank of America Connor Lynagh - Morgan Stanley Scott Gruber - Citigroup Arun Jayaram - JPMorgan Chase Stephen Gengaro - Stifel David Anderson - Barclays Roger Read - Wells Fargo Operator Good day, ladies and gentlemen and welcome to the Baker Hughes Company First Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.
- 04/20/2022
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Why Baker Hughes Stock Plunged Today
- Unlike its archrival, the oil and gas giant disappointed investors with its first-quarter numbers and outlook.
- 04/20/2022
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Baker Hughes (BKR) Misses Earnings & Revenue Estimates in Q1
- A decline in cost productivity and inflation pressures in Digital Solutions hurt Baker Hughes' (BKR) earnings in Q1.
- 04/20/2022
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Why Are Baker Hughes Shares Trading Lower Today
- Baker Hughes Co (NASDAQ: BKR) reported first-quarter revenue growth of 1% year-over-year and a 12% decline sequentially to $4.84 billion, missing the consensus of $5.03 billion. Orders grew by 51% Y/Y to $6.84 billion and were up 3% sequentially.
- 04/20/2022
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Baker Hughes (BKR) Q1 Earnings and Revenues Lag Estimates
- Baker Hughes (BKR) delivered earnings and revenue surprises of -21.05% and 3.18%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/20/2022
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Baker Hughes, Another Buy-The-Dip Opportunity In Oilfield Services
- Baker Hughes (NYSE: BKR) is pulling back on weak results and the company did miss on the top and bottom lines. What it did not do was give what we consider to be a bad report, just one that fell short of the expectations.
- 04/20/2022
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Baker Hughes stock drops after adjusted profit, revenue rise but miss expectations
- Shares of Baker Hughes Co. BKR, -1.84% fell 2.6% in premarket trading Wednesday, after the oil services company reported first-quarter profit and revenue that missed expectations, citing a "very volatile" market environment and continued supply chain constraints. The company swung to net income of $72 million, or 8 cents a share, from a loss of $452 million, or 61 cents a share, in the year-ago period, which included restructuring and separation-related charges.
- 04/20/2022
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Baker Hughes posts higher Q1 profit on strong drilling demand
- Baker Hughes Co on Wednesday reported a higher quarterly profit from a year earlier, as a surge in commodity prices fueled drilling activity and demand for oilfield services.
- 04/20/2022
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Baker Hughes: A Catalyst For Growth
- Baker Hughes is set to reap outsized rewards from expansion of the LNG trend that's already established itself recently. Baker Hughes has a full suite of preferred offerings in this space that are driving substantially higher sales and cash flow.
- 04/20/2022
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Earnings Previews: Abbott Labs, Baker Hughes, Procter & Gamble
- Before markets opened on Monday, Bank of America reported first-quarter results that beat both revenue and profit estimates, and shares traded up about 1%.
- 04/18/2022
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What's in the Offing for Baker Hughes' (BKR) Q1 Earnings?
- Higher oil price, resulting in a downfall for oilfield services, is likely to have hurt Baker Hughes' (BKR) Q1 earnings.
- 04/18/2022
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Baker Hughes reports a 4th straight weekly climb in the U.S. oil-drilling rig count
- Baker Hughes BKR, +0.60% on Thursday reported that the number of active U.S. rigs drilling for oil was up by two to 548 this week. That followed increases in each of the previous three weeks, Baker Hughes data show.
- 04/14/2022
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Baker Hughes (BKR) Reports Next Week: Wall Street Expects Earnings Growth
- Baker Hughes (BKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/13/2022
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Permian Oil Rig Count Increases in 10 of the Prior 11 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the U.S. rig count is higher than the prior-week tally.
- 04/11/2022
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S&P 500's Q1 Energy Winners: Will the Growth Story Continue?
- Let's take a deep look into the S&P 500's top sector of the first quarter of 2022 - Energy - and its high flyers Occidental Petroleum (OXY), Halliburton (HAL), APA Corporation (APA), Marathon Oil (MRO) and Baker Hughes (BKR).
- 04/04/2022
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Permian Oil Rig Count Increases in 9 of the Prior 10 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the U.S. rig count is higher than the prior-week tally.
- 04/04/2022
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Is This Stock A Better Pick Over Schlumberger?
- The shares of Baker Hughes currently trade 50% above pre-Covid levels observed in January 2020 while the shares of its competitor Schlumberger are up by just 3%. Does that make SLB stock a better pick over BKR?
- 04/04/2022
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A New Oil Boom Amid Energy's Changing Landscape
- We've seen the impact of Russia's invasion of Ukraine on oil prices. And if Big Oil exits Russia altogether, it would be a major shift.
- 04/01/2022
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Baker Hughes (BKR) Wins Contract to Supply Hydrogen Compressors
- Baker Hughes (BKR) will provide three compression trains, which include three NovaLT12 hydrogen-ready gas turbines and three PCL compressors.
- 04/01/2022
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Baker Hughes reports a second straight weekly climb in the U.S. oil-drilling rig count
- Baker Hughes BKR, -0.36% on Friday reported that the number of active U.S. rigs drilling for oil was up by two to 533 this week. That followed a climb of seven oil rigs the week before, Baker Hughes data show.
- 04/01/2022
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Russia-Ukraine War Puts Spotlight on 3 Natural Gas Explorers
- Given the healthy commodity price and rising rig count backdrop, it would be ideal for energy investors to keep an eye on Range Resources (RRC), Southwestern (SWN) & EQT Corporation (EQT).
- 04/01/2022
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Wells Fargo Shuffles Ratings, Targets on 6 Oilfield Services Firms
- Soaring crude oil prices have hit consumers hard over the past month or so. The combined effects of higher demand for energy, the Russian invasion of Ukraine, and the reluctance of producers to increase the flow of crude have sent U.S.
- 03/31/2022
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Baker Hughes (BKR) Stock Jumps 55.2% YTD: More Room to Run?
- High oil price is beneficial for Baker Hughes (BKR).
- 03/31/2022
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BofA Securities' Chase Mulvehill on his top picks: Baker Hughes, Chart Industries
- Chase Mulvehill, senior research analyst at BofA Securities, joins 'The Exchange' to discuss companies that are poised to benefit in the new energy environment.
- 03/29/2022
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Baker Hughes Just Announced 3 Major Collaborations
- Baker Hughes Co (NASDAQ:BKR) announced on March 22 that it is partnering with C3.ai (AI), Accenture (ACN), and Microsoft (MSFT).
- 03/28/2022
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Permian Oil Explorers in the Spotlight: 3 Stocks to Bet On
- Considering that Permian explorers are adding oil rigs and the region's production is likely to grow, it is high time to bet on the upstream players in the basin. EOG, XOM and CVX are poised to gain.
- 03/24/2022
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Baker Hughes (BKR) Signs Deal to Acquire Altus Intervention
- The acquisition adds to Baker Hughes' (BKR) existing portfolio of oilfield technologies and integrated solutions.
- 03/22/2022
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Permian Oil Rig Count Falls After Rising For 7 Straight Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the U.S. rig count is in line with the prior-week tally.
- 03/21/2022
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Baker Hughes joins oil rivals in pausing Russian operations
- U.S. oil field services company Baker Hughes said Saturday that it was suspending new investments for its Russia operations.
- 03/19/2022
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Baker Hughes Announces Date for First Quarter 2022 Earnings Release and Webcast
- HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NASDAQ: BKR) will hold a webcast on Wednesday, April 20, 2022 to discuss the results for the first quarter ending March 31, 2022. The webcast is scheduled to begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). A press release announcing the results will be issued at 7:00 a.m. Eastern Time (6:00 a.m. Central Time). To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will b
- 03/18/2022
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Energy the lone sector losing ground, led by Valero and Baker Hughes as oil prices extend tumble
- The energy sector was taking a broad beating Tuesday, as crude oil prices continued their recent plunge below $100 a barrel. The SPDR Energy Select Sector ETF XLE, -3.33% slumped 3.3% in afternoon trading, and was the only SPDR ETF tracking the 11 S&P 500 SPX, +1.50% sectors to be declining, while the S&P 500 rallied 1.4%.
- 03/15/2022
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Baker Hughes reports biggest weekly rise in U.S. oil-drilling rig count in a month
- Baker Hughes BKR, +2.80% on Friday reported that the number of active U.S. rigs drilling for oil was up by eight to 527 this week. That was the biggest one-week gain since the week ended Feb. 11, Baker Hughes data show.
- 03/11/2022
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Baker Hughes (BKR) to Provide LNG System for Plaquemines Project
- The latest order demands a liquefaction train system, comprising 24 modularized compression trains manufactured by Baker Hughes (BKR).
- 03/10/2022
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Energy stocks resume rally, led by Chevron and Baker Hughes as oil prices bounce back
- The energy sector resumed its recent rally Thursday, as crude oil prices rose again following the the previous session's sharp pullback. The SPDR Energy Select Sector ETF XLE, +1.88% rose 1.1% in morning trading.
- 03/10/2022
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Permian Oil Rig Count Increases For 6 Straight Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the U.S. rig count is flat with the prior-week tally.
- 03/08/2022
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Baker Hughes data show U.S. oil-drilling rig count down for the first time in 6 weeks
- Baker Hughes BKR, +4.10% on Friday reported that the number of active U.S. rigs drilling for oil was down by three to 519 this week. That followed increases in each of the last five weeks, Baker Hughes data show.
- 03/04/2022
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4 Stocks With a History of Operating Income Margin Growth
- When the operating income margin continues to grow, it means a company is becoming more efficient in generating profits from its operating activities.
- 02/27/2022
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Baker Hughes data show U.S. oil-drilling rig count up 5 weeks in a row
- Baker Hughes BKR, +2.58% on Friday reported that the number of active U.S. rigs drilling for oil was up by two to 522 this week. That followed a climb of 4 oil rigs the week before, Baker Hughes data show.
- 02/25/2022
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Natural Gas Prices Could Skyrocket After Ukraine Invasion: 5 Stocks to Buy Now
- The Russian invasion of Ukraine will have far-reaching considerations. One that will affect Europe directly is that Russia supplies about 35% of the natural gas used across the European Union.
- 02/24/2022
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3 Oil Stocks Set to Pull Off a Beat This Earnings Season
- Players like Diamondback Energy (FANG), Viper Energy (VNOM) and PDC Energy (PDCE) are likely to have benefited from their upstream operations in Q4.
- 02/18/2022
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Tech Sell-Off: This Beaten-Down Growth Stock Could Soar 312%, Says Wall Street
- C3.ai carries some risk, but the rewards could be remarkable.
- 02/14/2022
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4 Oilfield Services Stocks to Gain From the Prospering Industry
- With drillers returning to the oil patches, demand for oilfield services has improved significantly, making outlook for the Zacks Oil and Gas- Field Services industry bright again. Among the frontrunners that will possibly make the most of the improving business scenario are SLB, HAL, BKR and RES.
- 02/09/2022
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7 Hot Stocks That Can Win in Either a Bull or Bear Market
- These seven hot stocks are a mix of growth and income plays The post 7 Hot Stocks That Can Win in Either a Bull or Bear Market appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.
- 02/04/2022
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Why Shares in Baker Hughes, Halliburton, and Schlumberger Surged in January
- The oil services sector is one of the star performers so far on the market in 2022.
- 02/03/2022
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Permian Oil Drilling Rig Count Increases in 7 of Past 10 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the U.S. rig count increases for three straight weeks.
- 01/26/2022
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Baker Hughes Company (BKR) CEO Lorenzo Simonelli on Q4 2021 Results - Earnings Call Transcript
- Baker Hughes Company (BKR) CEO Lorenzo Simonelli on Q4 2021 Results - Earnings Call Transcript
- 01/20/2022
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Baker Hughes (BKR) Q4 Earnings Miss, Revenues Beat Estimates
- A decline in cost productivity in Digital Solutions hurts Baker Hughes' (BKR) Q4 earnings.
- 01/20/2022
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Baker Hughes Tops Q4 Revenue Estimates, Clocks Order Growth Of 28%
- Baker Hughes Co (NASDAQ: BKR) reported fourth-quarter revenue growth of 8% sequentially and flat year-over-year to $5.52 billion, beating the consensus of $5.49 billion. Orders grew by 28% Y/Y to $6.7 billion and were up 24% sequentially.
- 01/20/2022
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Baker Hughes (BKR) Q4 Earnings Miss Estimates
- Baker Hughes (BKR) delivered earnings and revenue surprises of -13.79% and 0.40%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 01/20/2022
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Baker Hughes shares up 1.2% premarket as revenue tops estimates
- Shares of Baker Hughes Co. BKR, -1.90% rose 1.2% premarket Thursday, after the oilfield products and services company posted better-than-expected revenue for the fourth quarter, offsetting a profit miss. The company posted net income of $294 million, or 32 cents a share, down from $653 million, or 91 cents a share, in the year-earlier period.
- 01/20/2022
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Baker Hughes posts Q4 profit as higher oil prices spur drilling demand
- Baker Hughes Co on Thursday reported an adjusted quarterly profit compared with a year-ago loss, as producers took advantage of a rise in crude prices that fueled demand for oilfield service equipment.
- 01/20/2022
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Earnings Previews: American Airlines, Baker Hughes, Union Pacific
- Last Friday, investors got their first look at how the country's biggest banks fared in the fourth quarter of 2021.
- 01/18/2022
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Want a 54% to 244% Return? Try These Growth Stocks, Wall Street Says
- The tech sector is having a rough couple of months, but top Wall Street firms have identified some enticing opportunities.
- 01/15/2022
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Baker Hughes reports biggest weekly rise in U.S. oil-drilling rigs since October
- Baker Hughes BKR, +2.99% on Friday reported that the number of active U.S. rigs drilling for oil was up by 11 to 492 this week. That followed a rise of just one oil rig the week before, and marked the biggest weekly climb since October, Baker Hughes data show.
- 01/14/2022
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Stocks Slide Again as Retail Sales Drop Most in 10 Months
- Daily financial news digest: stocks fall for a third day, retail drops most in 10 months.
- 01/14/2022
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Baker Hughes (BKR) Reports Next Week: Wall Street Expects Earnings Growth
- Baker Hughes (BKR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/13/2022
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Permian Oil Drilling Rig Count Drops for 2 Straight Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the U.S. rig count is higher than the prior week.
- 01/10/2022
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3 Oil Stocks to Gain as OPEC+ Reassures Mild Omicron Impact
- With coronavirus vaccines being rolled out on a massive scale, the economy will possibly overcome the recent spike in coronavirus cases. MTDR, PDCE and FANG are thus well poised to gain.
- 01/05/2022
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Permian Oil Rig Count Drops After Rising for 6 Straight Weeks
- : In its weekly release, Baker Hughes Company (BKR) reports that the U.S. rig count is flat with the prior week's tally.
- 01/04/2022
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Baker Hughes shows weekly active rig count for the U.S. unchanged, but oil rigs up 213 for the year
- Baker Hughes BKR, -0.25% data on Friday afternoon showed the U.S. weekly active oil-rig count standing pat at 586. Oil rigs were steady at 480 and those rigs drilling for natural gas held at 106, according to the companies data.
- 12/31/2021
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Permian Basin Drillers Add Crude Oil Rigs in 18 of 20 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that the U.S. rig count is higher than the prior week.
- 12/27/2021
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Europa Oil & Gas boosted as Baker Hughes and CausewayGT team up for UK geothermal venture
- Europa Oil & Gas (Holdings) PLC (AIM:EOG) is “excited” by the news of a Baker Hughes project in geothermal energy at the company's West Firsby oil field, in the East Midlands. West Firsby has a potential use as a test site for sustainable clean geothermal energy systems, Europa noted.
- 12/22/2021
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Permian Basin Drillers Add Crude Oil Rigs in 17 of 19 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that U.S. rig count was higher than the prior week.
- 12/20/2021
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Baker Hughes reports a second straight weekly increase in U.S. oil-drilling rigs
- Baker Hughes BKR, -1.69% on Friday reported that the number of active U.S. rigs drilling for oil rose by four to 475 this week. The rig count was also up by four in the previous week, Baker Hughes data show.
- 12/17/2021
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Baker Hughes (BKR) Inks Turbomachinery Equipment Contract
- With the employment of Baker Hughes' (BKR) advanced turbomachinery technology, Santos will be able to decarbonize natural gas.
- 12/17/2021
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Baker Hughes Stock (BKR): Why The Price Increased Today
- The stock price of Baker Hughes (NASDAQ: BKR) increased by over 1.8% today. This is why it happened.
- 12/16/2021
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Permian Basin Drillers Add Crude Oil Rigs in 16 of 18 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that U.S. rig count was higher than the prior week.
- 12/13/2021
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Baker Hughes reports a weekly increase in U.S. oil-drilling rigs
- Baker Hughes BKR, +0.90% on Friday reported that the number of active U.S. rigs drilling for oil rose by four to 471 this week. The rig count was unchanged in the previous week, Baker Hughes data show.
- 12/10/2021
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Baker Hughes (BKR) Gets Major Contract for Pluto LNG Project
- The construction of Pluto Train 2 expands Baker Hughes' (BKR) global turbomachinery fleet in LNG operations.
- 12/10/2021
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We see oil demand recovering in 2022: Baker Hughes CEO
- Lorenzo Simonelli, CEO of Baker Hughes, joins CNBC's Brian Sullivan to discuss his outlook for the oil industry in 2022. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis.
- 12/08/2021
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Permian Basin Drillers Add Crude Oil Rigs in 15 of 17 Weeks
- In its weekly release, Baker Hughes Company (BKR) reports that U.S. rig count was in line with the prior week.
- 12/06/2021
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Permian Basin Drillers Add Crude Oil Rigs in 14 of 16 Weeks
- Baker Hughes' (BKR) data shows that the total tally for oil and gas drilling rigs in the United States has increased for five successive weeks.
- 11/29/2021
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Baker Hughes Announces Date for Fourth Quarter and Full-Year 2021 Earnings Release and Webcast
- HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes will announce its fourth quarter and full-year 2021 earnings on January 20, 2022.
- 11/23/2021
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Permian Basin Drillers Add Crude Oil Rigs in 13 of 15 Weeks
- Baker Hughes' (BKR) data shows that the total tally for oil and gas drilling rigs in the United States has increased for four successive weeks.
- 11/22/2021
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Baker Hughes reports a 4th weekly rise in a row for U.S. oil-drilling rigs
- Baker Hughes BKR, -5.60% on Friday reported that the number of active U.S. rigs drilling for oil rose by seven to 461 this week. That followed increases in each of the previous three weeks, including a climb of four oil rigs last week, Baker Hughes data show.
- 11/19/2021
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Why Is Baker Hughes (BKR) Down 1.4% Since Last Earnings Report?
- Baker Hughes (BKR) reported earnings 30 days ago. What's next for the stock?
- 11/19/2021
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Goldman lays out top its energy plays
- Goldmans conviction list and six core themes. With CNBC's Brian Sullivan and the Fast Money traders, Karen Finerman, Steve Grasso, Pete Najarian and Mike Khouw.
- 11/16/2021
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Permian Basin Drillers Add Crude Oil Rigs in 12 of 14 Weeks
- Baker Hughes' (BKR) data shows that the total tally for oil and gas drilling rigs in the United States has increased for three successive weeks.
- 11/16/2021
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Absent From COP26, Oil Companies Zero In On Hydrogen, CCS
- A flurry of announcements, some barely preceding COP26 and some during the summit illustrate where some of the world's largest energy companies are currently headed. Just before COP26 began, BP and Daimler Truck announced plans to speed introduction of a hydrogen network in the UK.
- 11/15/2021
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Baker Hughes reports a third-straight weekly rise in U.S. oil-drilling rigs
- Baker Hughes BKR, +0.60% on Friday reported that the number of active U.S. rigs drilling for oil rose by four to 454 this week. That followed increases in each of the previous two weeks, including a climb of six oil rigs last week, Baker Hughes data show.
- 11/12/2021
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Baker Hughes reports the first weekly decline in U.S. oil-drilling rigs in 7 weeks
- Baker Hughes BKR, +1.59% on Friday reported that the number of active U.S. rigs drilling for oil declined by two to 443 this week. The weekly decline followed six consecutive weeks of increases.
- 10/22/2021
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Baker Hughes Company (BKR) CEO Lorenzo Simonelli on Q3 2021 Results - Earnings Call Transcript
- Baker Hughes Company (BKR) CEO Lorenzo Simonelli on Q3 2021 Results - Earnings Call Transcript
- 10/20/2021
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Baker Hughes misses profit and revenue forecasts as Hurricane Ida, inflation and supply constraints weighed
- Shares of Baker Hughes Co. BKR, -0.33% sank 1.8% in premarket trading Wednesday, after the oilfield products and services company reported third-quarter profit and revenue that missed expectations, as results were hurt by Hurricane Ida, cost inflation in chemicals and supply-chain constraints. The company swung to net income of $8 million, or a penny a share, from a loss of $170 million, or 25 cents a share, in the year-ago period.
- 10/20/2021
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Baker Hughes posts Q3 profit as drilling demand returns
- Baker Hughes Co reported a quarterly profit on Wednesday compared to a year-ago loss, as crude prices recovered to pre-pandemic levels, fueling drilling activity and demand for oilfield services.
- 10/20/2021
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Want 119% to 145% Returns? Try These Growth Stocks, Says Wall Street
- The stock market might be near all-time highs, but some Wall Street firms are still finding major growth opportunities.
- 10/20/2021
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Earnings Outlook For Baker Hughes
- Baker Hughes(NYSE:BKR) is set to give its latest quarterly earnings report on Wednesday, 2021-10-20. Here's what investors need to know before the announcement.
- 10/19/2021
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Earnings Previews: Baker Hughes, Netflix, NextEra Energy, United Airlines, Verizon
- Two companies we previewed reported earnings Monday morning, and both beat consensus estimates on both the top and bottom lines.
- 10/18/2021
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Baker Hughes (BKR) Earnings Expected to Grow: Should You Buy?
- Baker Hughes (BKR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/13/2021
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Oil Service Firms Focus on Digitization to Drive Returns
- For oilfield service providers like Halliburton (HAL), Baker Hughes (BKR) and Schlumberger (SLB), the pandemic has acted as a catalyst in making digital transformation a key part of their strategy.
- 10/13/2021
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US Oil & Natural Gas Rig Tally Rises for 5 Straight Weeks
- Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for nine straight weeks.
- 10/12/2021
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Natural Gas Prices Are Skyrocketing: Buy These 5 Sizzling Stocks Now
- Despite the constant climate change rhetoric and opposition to fossil fuels, one of the cleanest burning fuels is natural gas, including liquefied natural gas (LNG).
- 10/12/2021
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Could Energy Lead the Stock Market Higher in 2022?
- Oil and gas stocks have done very well lately.
- 10/08/2021
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Baker Hughes' Subsea Drilling Systems and Akastor's MHWirth Complete Merger to Form HMH
- HOUSTON & FORNEBU, Norway--(BUSINESS WIRE)--The merger of Baker Hughes' (NYSE: BKR) Subsea Drilling Systems business (SDS) and Akastor ASA's (Oslo: AKAST) wholly-owned subsidiary, MHWirth AS (MHWirth), has been completed to form a global offshore drilling equipment company. The new company will be known as HMH (“the Company”), and as previously announced, Baker Hughes and Akastor own equal equity in the Company. HMH combines integrated delivery capabilities, capital, renowned industry expertise
- 10/06/2021
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US Oil & Natural Gas Rig Tally Rises for 4 Straight Weeks
- Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for eight straight weeks.
- 10/04/2021
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Baker Hughes reports a rise in U.S. oil-drilling rigs for a 4th straight week
- Baker Hughes BKR, +0.73% on Friday reported that the number of active U.S. rigs drilling for oil climbed by seven to 428 this week. That followed increases in each of last three weeks on the back of a post-hurricane recovery in Gulf of Mexico energy operations.
- 10/01/2021
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Akastor ASA completes refinancing of its corporate credit facility
- OSLO, Norway, Oct. 1, 2021 /PRNewswire/ -- Reference is made to the joint press announcement dated 2 March 2021 from Baker Hughes (NYSE: BKR) and Akastor ASA (Oslo: AKAST). Simultaneous with the completion of the transaction as announced per separate press release, Akastor has today completed a refinancing of its existing Revolving Corporate Credit Facility.
- 10/01/2021
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Baker Hughes' Subsea Drilling Systems and Akastor's MHWirth Complete Merger to Form HMH
- HOUSTON & FORNEBU, Norway--(BUSINESS WIRE)--The merger of Baker Hughes' (NYSE: BKR) Subsea Drilling Systems business (SDS) and Akastor ASA's (Oslo: AKAST) wholly-owned subsidiary, MHWirth AS (MHWirth), has been completed to form a global offshore drilling equipment company. The new company will be known as HMH (“the Company”), and as previously announced, Baker Hughes and Akastor own equal equity in the Company. HMH combines integrated delivery capabilities, capital, renowned industry expertise
- 10/01/2021
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4 Oilfield Services Stocks for Solid Returns Despite Challenges
- Tepid upstream spending in the North American market continues to hurt the Zacks Oil and Gas - Field Services industry. Amid such a scenario, SLB, OII, RNGR & NINE are well positioned to not only pull through but also grow higher.
- 09/30/2021
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US Oil & Natural Gas Rig Tally Rises for 3 Straight Weeks
- Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for seven straight weeks.
- 09/27/2021
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Baker Hughes Is Looking Good
- Baker Hughes has been dead money since the oil peak of 2014. The average energy stock has zero capital gains since 2005.
- 09/24/2021
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Baker Hughes CEO lays out 'hard truths' behind the energy transition as gas prices surge
- Lorenzo Simonelli was speaking to CNBC at the Gastech conference in Dubai, United Arab Emirates.
- 09/22/2021
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Baker Hughes Announces Date for Third Quarter 2021 Earnings Release and Webcast
- HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NYSE: BKR) will hold a webcast on Wednesday, October 20, 2021 to discuss the results for the third quarter ending September 30, 2021. The webcast is scheduled to begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). A press release announcing the results will be issued at 7:00 a.m. Eastern Time (6:00 a.m. Central Time). To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version wi
- 09/22/2021
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Gas is key for energy transition and is a 'destination fuel' as well: Baker Hughes CEO
- Baker Hughes CEO Lorenzo Simonelli discusses how the ongoing Europe gas crisis has highlighted the need for energy security and the adoption of new technologies to enable the energy transition.
- 09/22/2021
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Gas has an important role to play in the energy transition, says Baker Hughes CEO Lorenzo Simonelli
- Gas has an important role to play in the energy transition, says Baker Hughes CEO Lorenzo Simonelli
- 09/22/2021
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US Oil & Natural Gas Rig Tally Rises for 2 Straight Weeks
- Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for six straight weeks.
- 09/20/2021
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7 Momentum Stocks That Show No Signs of Slowing Down
- Momentum stocks rely on a strategy of buying into strength. These performers are all worth buying into at the moment.
- 09/14/2021
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US Oil & Gas Rig Tally Increases in 5 of the Past 6 Weeks
- Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for five straight weeks.
- 09/13/2021
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US Oil & Gas Rig Tally Falls After Rising for 4 Straight Weeks
- Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for four straight weeks.
- 09/06/2021
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Bet on These 3 Permian Stocks on Rising US Shale Oil Production
- Rising Permian production amid favorable oil price has raised the incentive for adding stocks of firms operating in the most prolific basin. Devon (DVN), Matador (MTDR) & Chevron (CVX) are poised to gain.
- 09/02/2021
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Here's What You Need to Know About Tomorrow's OPEC+ Meeting
- Volatile oil exploration and production stocks like MRO, FANG, OXY, HES, MUR and DVN will be most affected by the OPEC+ meeting outcome.
- 08/31/2021
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US Oil & Gas Rig Tally Rises for 4 Straight Weeks: Here's Why
- Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for three straight weeks.
- 08/30/2021
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Permian Oil Production Set to Hit 18-Month High in September
- With oil prices having rebounded to above $65 per barrel, Permian operators like Pioneer Natural Resources (PXD), EOG Resources (EOG) and Diamondback Energy (FANG) have announced plans to increase production.
- 08/25/2021
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Boost Your Portfolio With These 3 Top-Ranked Oil Stocks
- Energy companies are gradually coming out of the effects of the coronavirus pandemic since the long-term outlook for fuel demand is encouraging. MTDR, EOG and DVN are poised to gain the most.
- 08/24/2021
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Down 75% From the High, AI Stock is a Strong Buy
- The pandemic did a number on C3.ai's revenue growth prospects. But as the economy reopens, look for AI stock to get back on track this fall.
- 08/24/2021
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Why Is Baker Hughes (BKR) Up 1.6% Since Last Earnings Report?
- Baker Hughes (BKR) reported earnings 30 days ago. What's next for the stock?
- 08/20/2021
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US Oil & Gas Rig Tally Rises for 2 Straight Weeks: Here's Why
- Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased in three of the last four weeks.
- 08/17/2021
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U.S. drillers add most oil rigs in a week since April - Baker Hughes
- U.S. energy firms added the most oil rigs in a week since April as the total rig count more than doubled from a record low a year ago amid a recovery in crude prices.
- 08/13/2021
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5 Buy-Rated Stocks That Top Fund Managers Are Loading Up On Now
- To say that hedge fund and mutual fund managers tend to follow the herd is an incredible understatement and always has been.
- 08/12/2021
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Crude-oil holds firm loss as Baker Hughes weekly data show U.S. oil rigs rose by 2 to 387
- Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by 2 to 387 this week. The total active U.S. rig count, which includes those drilling for natural gas, rose by three to stand at 491, according to Baker Hughes.
- 08/06/2021
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Baker Hughes Declares Quarterly Dividend
- HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NYSE: BKR) announced today that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on August 20, 2021 to holders of record on August 10, 2021. About Baker Hughes: Baker Hughes (NYSE: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative technolog
- 07/30/2021
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Baker Hughes is ‘pleased' it can buy back stock GE is selling
- Shares of Baker Hughes Co. rallied Friday, after the oilfield products and services company announced plans to buy back stock for the first time in a year, with an aim to help sop up what General Electric Co. is selling
- 07/30/2021
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U.S. oil services firm Baker Hughes to buy back $2 billion in shares
- (Reuters) -U.S. oilfield services provider Baker Hughes Co said on Friday it had authorized Baker Hughes Holdings LLC to repurchase up to $2 billion of its common units.
- 07/30/2021
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Baker Hughes stock gains after setting $2 billion stock repurchase program
- Shares of Baker Hughes Co. rallied 0.8% in morning trading Friday, after the oilfield products and services company said it set a $2 billion stock repurchase program. Based Thursday's stock closing price of $21.18, the buyback program represents about 9.1% of the shares outstanding.
- 07/30/2021
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Baker Hughes Company Announces $2 Billion Share Repurchase Authorization
- HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced today that its Board of Directors has authorized Baker Hughes Holdings LLC (“BHH LLC”) to repurchase up to $2 billion of its common units. The Company will use the proceeds from the sale of its BHH LLC common units to repurchase its Class A shares. “We are generating strong cash flow and are confident in our short-term operational outlook and long-term strategic positioning. Today's a
- 07/30/2021
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Baker Hughes Company (BKR) CEO Lorenzo Simonelli on Q2 2021 Results - Earnings Call Transcript
- Baker Hughes Company (BKR) CEO Lorenzo Simonelli on Q2 2021 Results - Earnings Call Transcript
- 07/21/2021
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Baker Hughes (BKR) Q2 Earnings Miss, Revenues Beat Estimates
- Baker Hughes (BKR) expects the industry to be on a footing for a stronger recovery in 2022, as spending and activity levels are gradually gaining momentum.
- 07/21/2021
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Baker Hughes profit falls 9% from Q1 as oilfield services demand remains tepid
- (Reuters) -Oilfield services provider Baker Hughes Co said on Wednesday its adjusted profit fell 9% in the second quarter from the previous three months and it missed Wall Street estimates for earnings, as crude producers kept a tight lid on spending.
- 07/21/2021
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Baker Hughes stock jumps after adjusted profit misses but revenue beats
- Shares of Baker Hughes Co. climbed 2.5% in premarket trading Wednesday, after the oil and natural gas company reported second-quarter adjusted profit that surprisingly declined but revenue that rose above expectations, and provided an upbeat demand growth outlook. Net loss for the quarter narrowed to $68 million, or 8 cents a share, from $195 million, or 30 cents a share, in the year-ago period.
- 07/21/2021
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US Oil & Gas Rig Tally Rises in 5 of 6 Weeks: Here's Why
- Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased in seven of the prior 11 weeks.
- 07/19/2021
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Baker Hughes (BKR) to Report Q2 Earnings: What's in Store?
- With upstream players returning to shale plays, higher oilfield service activities are likely to have aided Baker Hughes' (BKR) bottom line.
- 07/16/2021
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New Strong Buy Stocks for July 16th
- LAZY, RLGY, WSM, BKR, and TCFC have been added to the Zacks Rank #1 (Strong Buy) List on July 16, 2021.
- 07/16/2021
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Top Ranked Income Stocks to Buy for July 16th
- BKR, HESM, APO, and BBY made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 16, 2021
- 07/16/2021
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Baker Hughes (BKR) Reports Next Week: Wall Street Expects Earnings Growth
- Baker Hughes (BKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/14/2021
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US Oil & Gas Rig Tally Rises for 2 Straight Weeks: Here's Why
- Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased in seven of the prior 10 weeks.
- 07/12/2021
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Bet on 4 Oil Stocks Poised to Beat Earnings Estimates in Q2
- Oil energy companies are likely to have experienced a turnaround to profits in the June quarter from the prior-year comparable period. Firms that are expected to beat estimates are FANG, MRO, CLR & COP.
- 07/08/2021
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How C3ai Is Transforming Big Oil
- In an unlikely collaboration, C3ai is bringing artificial intelligence to an industry that is challenged on multiple fronts.
- 07/08/2021
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7 Reddit Stocks to Buy for an Oil Patch Pump
- Reddit stocks include topical companies like those connected to the oil industry. Here are 7 such stocks to buy as oil prices rise.
- 07/07/2021
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Direxion Daily Energy Bull 2x ETF: Drill, Baby, Drill
- Direxion Daily Energy Bull 2x ETF: Drill, Baby, Drill
- 07/05/2021
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US Oil & Gas Rig Tally Rises in 3 of 4 Weeks: Here's Why
- Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased in four of the prior six weeks.
- 07/05/2021
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New Strong Buy Stocks for July 2nd
- New Strong Buy Stocks for July 2nd
- 07/02/2021
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Baker Hughes Wins Major Contracts from Petrobras for Flexible Pipes Across Five Offshore Fields
- HOUSTON & RIO DE JANEIRO--(BUSINESS WIRE)--Baker Hughes announced today that it has been awarded two flexible pipe contracts by Petrobras in the second quarter of 2021. The first contract covers up to 96 kilometers of flexible pipe for the Sapinhoá and Tupi fields and the second contract covers up to 226 kilometers of flexible pipe for the Marlim 2 and Itapu fields. Including two flexible pipe contracts Petrobras awarded to Baker Hughes for the Buzios field in the first quarter of this year, Pe
- 06/30/2021
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Breaking Down What to Expect From Tomorrow's OPEC+ Meeting
- Volatile oil exploration and production stocks like MRO, FANG, OXY, DVN, EOG and HES will be most affected by the OPEC+ meeting outcome.
- 06/30/2021
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US Oil Producers Showing Restraint: What to Expect From OPEC+
- OPEC+ members are likely to meet on Thursday and decide on their production curtailment's future.
- 06/29/2021
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US Oil & Gas Rig Count Flat, Still at April 2020 High Mark
- Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin decreased after increasing for two straight weeks.
- 06/28/2021
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Goldman Sachs Has 5 Red-Hot Natural Gas and LNG Stocks To Buy Now
- Considering the constant discussions about climate change and opposition to fossil fuels, one of the cleanest burning fuels is natural gas and liquified natural gas or LNG.
- 06/28/2021
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The Hydrogen Economy: A Strategy To Prolong The Life Of The Natural Gas Industry
- Current hype about green hydrogen means that overlooked is a significant aspect of the hydrogen story, which concerns supporting survival of natural gas.
- 06/24/2021
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9 Oil & Gas Stocks to Buy to Play Rising Energy Prices
- If current energy price trends continue, these nine strong performing oil and gas stocks could add to their recent gains. The post 9 Oil & Gas Stocks to Buy to Play Rising Energy Prices appeared first on InvestorPlace.
- 06/23/2021
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OIH: Oil Is Dead. Long Live Oil
- OIH: Oil Is Dead. Long Live Oil
- 06/22/2021
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Permian Oil Explorers Add Rigs in 6 of the Past 7 Weeks
- Baker Hughes' (BKR) data shows that the count of oil and gas rigs in the United States has increased for two straight weeks.
- 06/22/2021
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Baker Hughes Announces Date for Second Quarter 2021 Earnings Release and Webcast
- HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NYSE: BKR) will hold a webcast on Wednesday, July 21, 2021 to discuss the results for the second quarter ending June 30, 2021. The webcast is scheduled to begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). A press release announcing the results will be issued at 7:00 a.m. Eastern Time (6:00 a.m. Central Time). To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will be a
- 06/18/2021
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Permian Oil Explorers Add Rigs in 5 of the Past 6 Weeks
- Baker Hughes' (BKR) data shows that the count of oil and gas rigs in the United States has increased in six of the past seven weeks.
- 06/14/2021
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Block Energy signs up Baker Hughes for Georgia drilling opportunities
- Block Energy Plc (LON:BLOE) has inked a deal with Baker Hughes which will support drilling operations in Georgia. A memorandum of understanding sets up a partnership that, according to Block, enables progress for its significant oil and gas opportunities.
- 06/14/2021
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Baker Hughes Partners With Air Products for Hydrogen Projects
- Baker Hughes (BKR) collaborates with Air Products (APD) to develop next-generation hydrogen compression.
- 06/11/2021
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Air Products and Baker Hughes to Collaborate on Global Hydrogen Projects
- LEHIGH VALLEY, Penn. and HOUSTON and LONDON, June 9, 2021 /PRNewswire/ -- Air Products (NYSE: APD), a global leader in industrial gases and megaproject development, and Baker Hughes (NYSE: BKR), a world leader in advanced hydrogen compression and gas turbine technology, today announced a strategic global collaboration to develop next generation hydrogen compression to lower the cost of production and accelerate the adoption of hydrogen as a zero-carbon fuel.
- 06/09/2021
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Here's Why US Oil & Gas Drilling Rigs Tally Has Dropped
- Baker Hughes' (BKR) data shows that the count of oil and gas rigs in the United States has declined after increasing for five straight weeks.
- 06/07/2021
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Bet on These 4 Energy Stocks to Tap the Rally in Crude
- It is an opportune moment to buy oil stocks as demand for the commodity is gradually approaching pre-pandemic levels. CLR, CPE, ESTE and OAS are well poised to cash in on the crude rally.
- 06/04/2021
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Here Are the Top Performing S&P 500 Energy Stocks From May
- Some of the best-performing S&P 599 constituents in May were energy firms like Baker Hughes (BKR), Schlumberger (SLB), TechnipFMC (FTI), Devon Energy (DVN) and Marathon Petroleum (MPC).
- 06/02/2021
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What to Watch for at Today's OPEC+ Oil Producer's Meeting
- Volatile oil exploration and production stocks like MRO, DVN, FANG, EOG, HES and OXY will be most affected by the OPEC+ meeting outcome.
- 06/01/2021
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Permian Oil Drilling Rig Tally Rises for 4 Consecutive Weeks
- Baker Hughes' (BKR) data shows that the count of oil and gas rigs in the United States has increased for five consecutive weeks.
- 05/31/2021
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4 Permian Explorers to Watch Closely on Crude Price Surge
- It seems to be an opportune moment for energy investors to consider stocks of explorers operating in the Permian Basin. MTDR, EOG, FANG and DVN are well poised to gain on the crude price rally.
- 05/28/2021
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5 Oilfield Services Stocks Countering Industry Headwinds
- 5 Oilfield Services Stocks Countering Industry Headwinds
- 05/27/2021
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Permian Oil Drilling Rig Tally Rises for 3 Consecutive Weeks
- Baker Hughes??? (BKR) data shows that the count of oil and gas rigs in the United States has increased for four consecutive weeks.
- 05/24/2021
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Baker Hughes (BKR) Up 28.1% Since Last Earnings Report: Can It Continue?
- Baker Hughes (BKR) reported earnings 30 days ago. What's next for the stock?
- 05/21/2021
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Permian Oil Output Starts Picking Up as Prices Strengthen
- With oil prices having rebounded to above $60 per barrel, Permian operators like Matador Resources (MTDR), EOG Resources (EOG) and Diamondback Energy (FANG) have announced plans to increase production.
- 05/21/2021
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Baker Hughes Declares Quarterly Dividend as Shares Continue Climb
- Baker Hughes Company (NYSE:BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide.
- 05/19/2021
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Permian Oil Drilling Rig Tally Rises for 2 Consecutive Weeks
- Baker Hughes' (BKR) data shows that the count of oil and gas rigs in the United States has increased for three consecutive weeks.
- 05/18/2021
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i3 Energy advances towards dividends as it reworks Baker Hughes contract terms
- i3 Energy Plc (LON:I3E, TSX:ITE) has announced a new mutually beneficial agreement with Baker Hughes to restructure a contract entered into previously in 2019. It comes as the company is refocussing its business to prioritise production assets in Canada over the North Sea field development projects, which the Baker Hughes deal was attached to.
- 05/17/2021
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Permian Oil Rig Tally Rises After Falling for 2 Weeks Straight
- Baker Hughes' (BKR) data show that the count of oil and gas rigs in the United States has increased for two consecutive weeks.
- 05/12/2021
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The Asset Allocator: Investment Decision-Making In An 'Everything Rally' (Podcast)
- The Asset Allocator: Investment Decision-Making In An 'Everything Rally' (Podcast)
- 05/04/2021
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Kiplinger And Barron's 75 Top Stocks For 2021 Show 17 As May Flies
- October-December Kiplinger Today published four articles: 11 Best Monthly Dividend[s], 21 Best Stocks, 11 Dividend Growth Stocks, and 25 Dividend Stocks Analysts Love. Stocks therein I called "Kiplinger Top Stocks For 2021." Then, in March, Barron's Weekly published Retire on Dividends listing 10 to start. All told, five Kip/Bar articles listed 78 stocks. Three duplicates left 75, with 66 paying dividends.
- 05/04/2021
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Berkshire, Energy Stocks Send Stock Markets Toward Record Heights
- Can the bull market keep charging forward? These stocks say yes.
- 05/03/2021
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Baker Hughes Investor Alert
- Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Baker Hughes Company To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - May 1, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Baker Hughes Company ("Baker Hughes" or the "Company") (NYSE: BKR).If you suffered losses exceeding $50,000 investing in Baker Hughes stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here...
- 05/01/2021
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GE raised nearly $1 billion through sale of Baker Hughes stock
- General Electric Co. disclosed Friday that it sold off more of the Baker Hughes Co. shares it owned, and likely raised nearly $1 billion.
- 04/30/2021
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Northeast Natural Energy Announces the Use of LUMEN Terrain as it Seeks Independent Certification of the Company's Natural Gas Production through Equitable Origin and MiQ Standards
- CHARLESTON, W.V. & LONDON--(BUSINESS WIRE)--Northeast Natural Energy to use LUMEN Terrain as Independent Certification of its Natural Gas Production through Equitable Origin and MiQ Standards
- 04/29/2021
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The Asset Allocator: Baker Hughes Capturing The Carbon-Capture Opportunity (Podcast)
- The Asset Allocator: Baker Hughes Capturing The Carbon-Capture Opportunity (Podcast)
- 04/27/2021
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What 7 Analyst Ratings Have To Say About Baker Hughes
- Baker Hughes (NYSE:BKR) has observed the following analyst ratings within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 1 0 0 0 Somewhat Bullish 0 2 0 1 Indifferent 0 0 0 0 Somewhat Bearish 0 0 0 0 Bearish 0 0 0 0 In the last 3 months, 7 analysts have offered 12-month price targets for Baker Hughes. The company has an average price target of $25.07 with a high of $30.00 and a low of $20.50.
- 04/26/2021
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Alexion, Activision, Baker Hughes and More Monday Afternoon Analyst Calls
- With the trading day about halfway over, each of the major averages had notched a solid gain and was holding just below its respective all-time high.
- 04/26/2021
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How to Profit From "Cleantech" Stocks
- Clean technology, or "cleantech," (synonymous to most people with "greentech") is new technology and/or related business models intended to provide solutions to global climate or resource challenges, or desire for energy independence, while offering competitive returns for customers and investors.
- 04/22/2021
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Alphabet, Chipotle, EA, SolarEdge and More Thursday Afternoon Analyst Calls
- With the trading day about halfway over, the broad markets were somewhat mixed on the day.
- 04/22/2021
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Baker Hughes (BKR) Q1 Earnings Beat Estimates, Increase Y/Y
- Higher contributions from Turbomachinery & Process Solutions business unit and increased cost productivity aid Baker Hughes' (BKR) Q1 earnings.
- 04/21/2021
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Baker Hughes Company (BKR) CEO Lorenzo Simonelli on Q1 2021 Results - Earnings Call Transcript
- Baker Hughes Company (BKR) CEO Lorenzo Simonelli on Q1 2021 Results - Earnings Call Transcript
- 04/21/2021
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Permian Witnesses Addition of Oil Rigs in 8 of Past 10 Weeks
- Baker Hughes' (BKR) data shows that the count of oil and gas rigs in the United States increases for five consecutive weeks.
- 04/21/2021
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Baker Hughes says its revenue slid 12% in the fiscal first quarter
- Baker Hughes Co. (NYSE: BKR) said on Wednesday that its adjusted profit in the fiscal first quarter was better than what analysts had anticipated. Its revenue in Q1, however, came in lower than expected.
- 04/21/2021
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Baker Hughes (BKR) Beats Q1 Earnings Estimates
- Baker Hughes (BKR) delivered earnings and revenue surprises of 9.09% and -0.31%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 04/21/2021
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Baker Hughes Company Announces First Quarter 2021 Results
- LONDON & HOUSTON--(BUSINESS WIRE)--Baker Hughes announces its results for the first quarter 2021.
- 04/21/2021
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Why Earnings Season Could Be Great for Baker Hughes (BKR)
- Baker Hughes (BKR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 04/20/2021
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Buy Bombed Out AI Stock Before It Comes Roaring Back
- Traders have blasted AI stock amid tech sell-off and a weak earnings report. However, people are missing the story; C3.ai is a screaming buy here.
- 04/19/2021
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Is a Beat in the Offing for Baker Hughes' (BKR) Q1 Earnings?
- Higher upstream activities are likely to have boosted demand for Baker Hughes' (BKR) products and services, aiding Q1 earnings.
- 04/19/2021
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7 Energy Stocks to Buy in April as the World Returns to Normal
- The energy sector dropped heavily in 2020. But those days may be over.
- 04/14/2021
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How Will Oil Service ETFs Fare This Earnings Season?
- The continuation of the OPEC output cut and global economic improvement due to falling COVID-19 rates led to the oil price rally this year. Can oil service ETFs cash in on this trend in the upcoming earnings?
- 04/13/2021
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Dodge & Cox Continues to Cap APA
- Investment firm Dodge & Cox disclosed earlier this week it reduced its stake in APA Corp. (NASDAQ:APA) by 14.75%.
- 04/13/2021
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Haynesville Witnesses Addition of 1 Natural Gas Drilling Rig
- Baker Hughes' (BKR) data shows that the count of oil drilling rigs in Permian Basin has risen in six of the past seven weeks.
- 04/12/2021
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Fossil-fuel mainstay Baker Hughes joins Plug Power in green hydrogen fund
- A trio of companies, including fossil-fuel industry mainstay Baker Hughes Co., plan to back a new fund focused on hydrogen-technology investment, just the latest example of rising investment interest tied to alternative energy sources.
- 04/05/2021
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Permian Witnesses Addition of Oil Rigs for 6 Straight Weeks
- Baker Hughes' (BKR) data shows that since January 2020, oil drillers in the United States have added the highest number of rigs in a week.
- 04/05/2021
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Baker Hughes Shareholder Alert
- Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Baker Hughes Company To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - April 3, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Baker Hughes Company ("Baker Hughes" or the "Company") (NYSE: BKR).If you suffered losses exceeding $50,000 investing in Baker Hughes stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for...
- 04/03/2021
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OPEC+ Likely to Extend Production Cuts Today: Here's Why
- Volatile oil exploration and production companies like Marathon Oil (MRO), Diamondback Energy (FANG), Occidental Petroleum (OXY), EOG Resources (EOG) and Devon Energy (DVN), among others in the space, will be the most affected by the OPEC+ meeting's outcome.
- 04/01/2021
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Permian Witnesses Addition of Oil Rigs for 5 Straight Weeks
- Baker Hughes' (BKR) data shows that the latest weekly oil & gas rig tally in the United States touches the highest mark since last April.
- 03/30/2021
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Baker Hughes, Akastor JV Could Threaten National Oilwell Varco
- Baker Hughes, Akastor JV Could Threaten National Oilwell Varco
- 03/29/2021
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Digital Adoption: The Key to Oil Service Firms' New Approach
- For oilfield service providers like Halliburton (HAL), Baker Hughes (BKR) and Schlumberger (SLB), the pandemic has acted as a catalyst in making digital transformation a key part of their strategy.
- 03/29/2021
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Baker Hughes Investor Alert
- Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Baker Hughes Company To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - March 25, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Baker Hughes Company ("Baker Hughes" or the "Company") (NYSE: BKR).If you suffered losses exceeding $50,000 investing in Baker Hughes stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for...
- 03/25/2021
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Permian Witnesses Addition of Oil Rigs for 4 Straight Weeks
- Baker Hughes' (BKR) data shows that since January oil and gas drillers in the United States added the highest rigs in a week.
- 03/24/2021
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Why Baker Hughes' (BKR) Partnership With Horisont Crucial?
- Baker Hughes (BKR) along with Horisont Energi is developing a decarbonization technology that can be profitable without any reliance on government supports.
- 03/23/2021
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Baker Hughes and Horisont Energi Sign MoU for Groundbreaking Offshore Barents Sea Carbon Capture, Transport and Storage Project
- HOUSTON & SANDNES, Norway--(BUSINESS WIRE)--Baker Hughes (NYSE:BKR) and Horisont Energi AS (EURONEXT:HRGI) have signed a memorandum of understanding (MoU) for the Polaris carbon storage project off the northern coast of Norway. Under the agreement, the two companies will explore the development and integration of technologies to minimize the carbon footprint, cost and delivery time of carbon capture, transport and storage (CCTS). This agreement further reinforces Baker Hughes' and Horisont Ener
- 03/23/2021
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Baker Hughes Investor Alert
- Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Baker Hughes Company To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - March 22, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Baker Hughes Company ("Baker Hughes" or the "Company") (NYSE: BKR).If you suffered losses exceeding $50,000 investing in Baker Hughes stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for...
- 03/22/2021
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Shale Oil Firms Pick Budget Discipline Over Production Growth
- The Eagle Ford and Bakken shale fields are set to lose 15 Mbbl/d and 12 Mbbl/d, respectively, between March and April, as the likes of Marathon Oil (MRO) and Hess (HES) focus on capital efficiency.
- 03/16/2021
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Permian Witnesses Addition of Oil Rigs for 3 Straight Weeks
- Baker Hughes Company's (BKR) weekly rig count data reveals that for the first time since November, oil and gas drillers cut rig count in the United States.
- 03/16/2021
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Baker Hughes Announces Date for First Quarter 2021 Earnings Release and Webcast
- HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NYSE: BKR) will hold a webcast on Wednesday, April 21, 2021 to discuss the results for the first quarter ending March 31, 2021. The webcast is scheduled to begin at 8:00 a.m. Eastern Time (7:00 a.m. Central Time). A press release announcing the results will be issued at 6:30 a.m. Eastern Time (5:30 a.m. Central Time). To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will be
- 03/15/2021
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Baker Hughes Company - BKR
- New York, New York--(Newsfile Corp. - March 14, 2021) - Pomerantz LLP is investigating claims on behalf of investors of Baker Hughes Company ("Baker Hughes" or the "Company") (NYSE: BKR). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.The investigation concerns whether Baker Hughes and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information...
- 03/14/2021
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Baker Hughes Company - BKR
- NEW YORK, March 12, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Baker Hughes Company ("Baker Hughes" or the "Company") (NYSE: BKR). Such investors are advised to contact Robert S.
- 03/12/2021
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Permian Witnesses Addition of Oil Rigs for 2 Straight Weeks
- Baker Hughes Company's (BKR) weekly rig count data reveals that oil and gas drillers in the United States continue to add rigs in shale plays.
- 03/08/2021
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BAKER HUGHES ALERT: Bragar Eagel & Squire, P.C. is Investigating Baker Hughes Company on Behalf of Baker Hughes Stockholders and Encourages Investors to Contact the Firm
- NEW YORK--(BUSINESS WIRE)-- #BakerHughesCompany--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Baker Hughes Company (NYSE: BKR) on behalf of Baker Hughes stockholders. Our investigation concerns whether Baker Hughes has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On February 25, 2021, Baker Hughes filed its annual report with the SEC. In the report,
- 03/05/2021
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INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Baker Hughes Company and Encourages Investors with Losses of $100,000 to Contact the Firm
- LOS ANGELES--(BUSINESS WIRE)---- $BKR #BKR--INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Baker Hughes Company.
- 03/04/2021
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BREAKING ALERT: Rosen Law Firm Encourages Baker Hughes Company Investors with Losses to Inquire About Class Action Investigation – BKR
- NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Baker Hughes Company (NYSE: BKR) resulting from allegations that Baker Hughes may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Baker Hughes securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arra
- 03/04/2021
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Permian Basin Witnesses Addition of 4 Oil Drilling Rigs
- Baker Hughes Company's (BKR) weekly rig count data reveals that oil and gas drillers in the United States continue to add rigs in shale plays.
- 03/03/2021
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Digital Transformation Comes To Energy, Autos, And Currency - Jon Markman And Greg King Join Alpha Trader (Podcast Transcript)
- Digital Transformation Comes To Energy, Autos, And Currency - Jon Markman And Greg King Join Alpha Trader (Podcast Transcript)
- 03/03/2021
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Baker Hughes (BKR) Merges Subsea Drilling With Akastor Affiliate
- The JV deal with Akastor signifies Baker Hughes' (BKR) value generation capabilities from assets during challenging times.
- 03/02/2021
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Akastor ASA: Investor presentation on joint venture involving MHWirth
- OSLO, Norway, March 2, 2021 /PRNewswire/ -- Reference is made to the stock exchange release from earlier today whereby Baker Hughes (NYSE:BKR) and Akastor ASA (Oslo:AKAST) announced an agreement to create a joint venture that will bring together Baker Hughes' Subsea Drilling Systems...
- 03/02/2021
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Baker Hughes, Akastor merging offshore oil drilling ops
- Engineering companies Baker Hughes and Akastor plan to merge their offshore oil drilling equipment units to form a global company serving the energy industry, the U.S. and Norwegian firms said in a joint statement on Tuesday.
- 03/02/2021
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Akastor ASA: Baker Hughes and Akastor ASA announce joint venture company to deliver global offshore drilling solutions
- HOUSTON and FORNEBU, Norway, March 2, 2021 /PRNewswire/ -- Baker Hughes (NYSE:BKR) and Akastor ASA (Oslo:AKAST) have announced an agreement to create a joint venture company (Company) that will bring together Baker Hughes' Subsea Drilling Systems (SDS) business with Akastor's wholly owned...
- 03/02/2021
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Baker Hughes and Akastor ASA announce joint venture company to deliver global offshore drilling solutions
- HOUSTON & FORNEBU, Norway--(BUSINESS WIRE)--Baker Hughes and Akastor ASA will bring together Baker Hughes' SDS business and Akastor's subsidiary MHWirth AS.
- 03/02/2021
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Baker Hughes discloses SEC probe over projects affected by U.S. sanctions
- Oilfield services provider Baker Hughes said the Securities and Exchange Commission is conducting an investigation into the company's sale of products in projects that were impacted by U.S. sanctions.
- 02/26/2021
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U.S. drillers add rigs for seventh month in a row, pace slows - Baker Hughes
- U.S. energy firms this week added oil and natural gas rigs for a seventh month in a row, but the rate of growth slowed in February even as oil prices rose to their highest since 2019.
- 02/26/2021
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Exclusive: Baker Hughes, AXA Group, 16 others stopped work on Nord Stream 2 pipeline - U.S.
- Baker Hughes and AXA Group and 16 other companies recently wound down work on Russia's Nord Stream 2 natural gas pipeline and would not be sanctioned, according to a document the Biden administration sent to Congress last week which was seen by Reuters.
- 02/24/2021
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5 Oil Stocks Set to Pull Off a Beat This Earnings Season
- Improvement in oil price is likely to have aided Q4 earnings of energy companies. EOG, PDCE, VET & WHD are set to beat estimates this earnings season.
- 02/23/2021
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Baker Hughes (BKR) Up 3.8% Since Last Earnings Report: Can It Continue?
- Baker Hughes (BKR) reported earnings 30 days ago. What's next for the stock?
- 02/20/2021
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Top Energy Stocks for March 2021
- These are the energy stocks with the best value, fastest growth, and most momentum for March 2021.
- 02/19/2021
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Baker Hughes Reports Rig Counts For Last Week: U.S. Total Rigs Up 5, U.S. Oil Rigs Up 7.
- (NYSE:USO) Baker Hughes Reports Rig Counts For Last Week: U.S. Total Rigs Up 5, U.S. Oil Rigs Up 7. Related Articles (USO) Mike Khouw's USO Trade View Comments and Join the Discussion!
- 02/12/2021
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Baker Hughes: The energy sector will see demand recovery in H2 2021 | Squawk Box Europe
- Baker Hughes CEO Lorenzo Simonelli is cautiously optimistic on energy's outlook. --- Subscribe to CNBC International TV: http://cnb.cx/2wAkfMv Subscribe to CNBC International: http://cnb.cx/2gft82z Like our Facebook page https://www.facebook.com/cnbcinternational Follow us on Instagram https://www.instagram.com/cnbcinternational/ Follow us on Twitter https://twitter.com/cnbci
- 02/02/2021
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AI Stock: Why C3 AI Shares Are Surging Today
- C3 AI (AI) stock is on the rise Tuesday after announcing a partnership with Shell (RDS), Baker Hughes (BKR), and Microsoft (MSFT). The post AI Stock: Why C3 AI Shares Are Surging Today appeared first on InvestorPlace.
- 02/02/2021
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Baker Hughes CEO 'cautiously optimistic', expects demand recovery in second half of year
- Lorenzo Simonelli, CEO of Baker Hughes, speaks to CNBC's Steve Sedgwick about the company's outlook for the year ahead.
- 02/02/2021
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Oil company Baker Hughes is 'cautiously optimistic' on the outlook for energy demand
- Baker Hughes CEO Lorenzo Simonelli expects demand to start recovering in the second half of 2021, due to the vaccine rollout and improving economic situation.
- 02/02/2021
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American Oil & Gas Drillers Add Rigs for 10 Successive Weeks
- Baker Hughes Company's (BKR) weekly rig count data reveals that oil and gas drillers in the United States continue to add rigs in shale plays.
- 02/01/2021
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Baker Hughes data reveal a weekly increase in the number of active U.S. oil rigs
- Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by six to 295 this week. That followed increases in each of the last nine weeks.
- 01/29/2021
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2021 Kiplinger Top Stocks Include 57 Paying Dividends And 20 Priced To Buy
- October-December KiplingerToday published four articles: 11 Best Monthly Dividend[s].for 2021; 21 Best Stocks To Buy.; 11 Dividend Growth Stocks; 25 Dividend Stocks Analysts Love. These I called Kiplinger Top-Stocks for2021. These 68 stocks included two duplicates (tinted yellow) leaving 66. Of those, 57 paid dividends and, per the Dogcatcher dividend return rule, 20 are now ripe to buy.
- 01/28/2021
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American Oil & Gas Drillers Add Rigs for 9 Successive Weeks
- Baker Hughes Company's (BKR) weekly rig count data reveals that oil and gas drillers in the United States continue to add rigs in shale plays.
- 01/25/2021
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GE sold $735 million worth of Baker Hughes stock
- General Electric Co. disclosed Monday that it raised about $735 million by trimming its large Baker Hughes Co. stake, a day after the oilfield products and services company reported disappointing fourth-quarter results.
- 01/25/2021
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Today's Stock Market News & Events: 1/22/2021
- Today's economic report calendar features the Markit manufacturing Purchasing Manager's Index (PMI), as well as Markit services PMI and existing home sales.
- 01/22/2021
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Baker Hughes' (BKR) CEO Lorenzo Simonelli on Q4 2020 Results - Earnings Call Transcript
- Baker Hughes' (BKR) CEO Lorenzo Simonelli on Q4 2020 Results - Earnings Call Transcript
- 01/21/2021
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Baker Hughes (BKR) Q4 Earnings Lag, Oil Demand to Recover in 2021
- Despite energy market volatility, Baker Hughes (BKR) generates a positive free cash flow of $250 million in the fourth quarter.
- 01/21/2021
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Baker Hughes swings to a surprise adjusted loss in the fourth quarter
- Baker Hughes Co. (NYSE: BKR) swung to a surprise adjusted loss in the fiscal fourth quarter. The company, however, posted revenue on Thursday that topped analysts' forecasts despite the ongoing Coronavirus pandemic that has so far infected more than 25 million people in the U.S. and caused over 416 thousand deaths.
- 01/21/2021
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Baker Hughes (BKR) Reports Q4 Loss, Tops Revenue Estimates
- Baker Hughes (BKR) delivered earnings and revenue surprises of -143.75% and 0.57%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 01/21/2021
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Today's Stock Market News & Events: 1/21/2021
- Today comes with initial and continuing jobless claims, housing starts, building permits, and the latest Philadelphia Federal Reserve Manufacturing index.
- 01/21/2021
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Baker Hughes stock drops after surprise adjusted loss, but revenue topped forecasts
- Shares of Baker Hughes Co. dropped 2.1% in premarket trading Thursday, after the oilfield products and services company reported a surprise adjusted loss, although revenue beat expectations. Net income rose to $653 million, or 91 cents a share, from $48 million, or 7 cents a share, in the year-ago period.
- 01/21/2021
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Recap: Baker Hughes Q4 Earnings
- Shares of Baker Hughes (NYSE:BKR) fell 0.9% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 125.93% year over year to ($0.07), which missed the estimate of $0.17.
- 01/21/2021
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Should You Buy Baker Hughes (BKR) Ahead of Earnings?
- Baker Hughes (BKR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 01/20/2021
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A Preview Of Baker Hughes's Earnings
- On Thursday, January 21, Baker Hughes (NYSE:BKR) will release its latest earnings report. Here is Benzinga's outlook for the company.
- 01/20/2021
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Earnings Previews: United Airlines, Kinder Morgan, Baker Hughes, FuelCell Energy
- Earnings season is heating up, and we're about to see the difference between one of 2020's big winners and one of the year's big losers.
- 01/19/2021
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American Oil & Gas Drillers Add Rigs for 8 Successive Weeks
- Oil and gas drillers in the United States are likely to continue adding rigs to shale plays since the pricing environment is gradually improving.
- 01/19/2021
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Is a Beat in the Offing for Baker Hughes' (BKR) Q4 Earnings?
- Increased upstream spending is likely to have boosted Baker Hughes' (BKR) profit levels in the fourth quarter of 2020.
- 01/18/2021
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Baker Hughes data reveal an 8th weekly rise in a row for the U.S. oil-rig count
- Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by 12 to 287 this week. That followed increases in each of the last seven weeks.
- 01/15/2021
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US Oil & Gas Drillers Add Rigs for 7 Successive Weeks
- Oil and gas drillers in the United States are likely to continue adding rigs to shale plays since the pricing environment is gradually improving.
- 01/11/2021
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Baker Hughes data reveal a 7th straight weekly rise in the U.S. oil-rig count
- Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by 8 to 275 this week. That followed increases in each of the last six weeks.
- 01/08/2021
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Investors Should Watch This Newly Listed AI Company. Here's Why
- C3.ai is a leader in bringing artificial intelligence to bear on enterprise-level problems, and the market for what it offers is only going to grow.
- 01/07/2021
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American Oil & Gas Drillers Add Rigs for 6 Successive Weeks
- Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually improving.
- 01/05/2021
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Here's Why This Hot Artificial Intelligence IPO Stock Isn't Worth Buying
- C3.ai is a promising AI company, but don't pay the wrong price for its high-flying stock.
- 12/31/2020
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5 Factors Indicating That Oil is Poised for a Run-Up in 2021
- As a proof of the improving energy environment, refining biggies like Marathon Petroleum (MPC) and Phillips 66 (PSX) experienced sequential increase in utilization during the third quarter.
- 12/30/2020
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5 Very Contrarian Stocks to Buy Now for 2021 That All Pay Big Dividends
- While the Santa Claus rally has been a nice end of the year gift, albeit with some selling yesterday, it has added to the already healthy gains for 2020.
- 12/30/2020
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American Oil & Gas Drillers Add Rigs for 5 Successive Weeks
- Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually getting better.
- 12/29/2020
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Baker Hughes data reveal a 4th straight weekly rise in the U.S. oil-rig count
- Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by 5 to 263 this week. That followed increases in each of the last three weeks.
- 12/18/2020
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Baker Hughes reports a third-straight weekly rise in the U.S. oil-rig count
- Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by 12 to 258 this week. That followed increases in each of the last two weeks.
- 12/11/2020
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Why Equinor, Exxon And More Oil Stocks Are Trading Higher Today
- The shares of several oil companies are trading higher on Wednesday amid strength in oil prices. Oil prices are higher for the session on COVID-19 vaccine optimism and U.S. stimulus hopes, despite a build in crude inventories.
- 12/09/2020
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Saudi Aramco and Baker Hughes JV to develop non-metallic products
- Oil giant Saudi Aramco and energy services company Baker Hughes have formed a 50/50 joint venture, Novel, to develop a broad range of non-metallic products for multiple applications in the energy sector.
- 12/08/2020
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These Stocks Hold the Key to the Market's Returns in 2021
- It's not a sector many investors are looking at right now -- but they should be.
- 12/04/2020
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Why Chevron, Exxon And More Oil Stocks Are Trading Higher Today
- Shares of several energy companies are trading higher on Thursday as oil prices have gained amid OPEC+ output cut discussions. There is positive market sentiment following positive U.S. unemployment data which has also helped lift oil prices today.
- 12/03/2020
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Baker Hughes data log first fall in weekly U.S. oil-rig count in 9 weeks
- Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell by 5 to 231 this week. That followed increases in each of the last eight weeks.
- 11/20/2020
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15 Largest Drilling Companies in the World
- In this article we will present the 15 largest drilling companies in the world. Click to skip ahead and see the 5 largest drilling companies in the world .
- 11/14/2020
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15 Of 39 Kiplinger/Analyst Favorite October Dividend Treats
- In October and July Kiplinger Today listed Analyst and Kiplinger favorite dividend stocks. Analyst October favorites numbered 25, plus 15 from Kiplinger, with one repeated left 39 total. These 39 stocks ranged 1.50% to 10.11% in annual-yield and ranged 2.49% to 87.04% in one-year price-target-upsides per brokers 10/22/20.
- 10/25/2020
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OFS Credit Company Announces Results of Stockholder Elections for the Distribution for the Quarter Ending October 31, 2020
- OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateral
- 10/22/2020
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OFS Credit Company Provides September 2020 Net Asset Value Update
- OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateral
- 10/15/2020
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Global Next Generation Communication Devices Industry (2020 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com
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OFS Capital Corporation Prices Public Offering of $25,000,000 6.25% Notes Due 2023
- OFS Capital Corporation (the “Company”) (Nasdaq: OFS) announced today that it has priced a registered public offering of $25,000,000 aggregate princip
- 09/15/2020
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OFS Capital Corporation Commences Offering of Notes
- OFS Capital Corporation (the “Company”) (Nasdaq: OFS) announced today that it has commenced an underwritten offering of unsecured notes (the “Notes”),
- 09/14/2020
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Baker Hughes Company (BKR) CEO Lorenzo Simonelli Presents at 2020 Barclays CEO Energy-Power Conference (Transcript)
- Baker Hughes Company (NYSE:BKR) Barclays CEO Energy-Power Conference September 08, 2020 11:45 AM ET Company Participants Lorenzo Simonelli - Chairman and CEO Conference Call Participants David Anderson - Barclays Presentation David Anderson Good morning, and welcome to the start of the Barclays Annual CEO Energy-Power Conference, which is coming to you virtually this year instead of Manhattan, where we expect to return next year.
- 09/08/2020
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Baker Huges (BKR) Presents at Barclays CEO Energy-Power Conference - Slideshow
- The following slide deck was published by Baker Hughes Company in conjunction with this event.
- 09/08/2020
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Oil ends lower on demand worries
- Oil futures end lower Friday, under pressure from continued worries over prospects for demand as the COVID-19 pandemic undermines economic growth.
- 08/21/2020
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Oil ends lower, erases most of weekly rise
- Oil futures ended lower Friday, with the U.S. benchmark nearly erasing its weekly gain as worries over the demand outlook persisted. Crude remained under...
- 08/21/2020
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Oil Ends Down as U.S. Rig Count Jumps Double-Digits
- Oil Ends Down as U.S. Rig Count Jumps Double-Digits
- 08/21/2020
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US Oil & Gas Rig Tally Hits Record Lows for 15 Straight Weeks
- If crude recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs.
- 08/18/2020
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Oil Climbs Ahead of OPEC+ Review of Easing Production Curbs
- (Bloomberg) -- Oil edged higher above $42 a barrel in New York ahead of an OPEC+ gathering this week to assess its supply deal as countries struggle to contain the virus that’s hurt economies and fuel demand globally.The Joint Ministerial Monitoring Committee -- the panel that reviews the OPEC+ agreement -- is poised for a planned meeting on Wednesday, with the group starting to return some crude supply to the market this month following deep reductions. Meanwhile, U.S. shale drillers parked more drilling rigs last week as stagnant prices push the industry to extend a historic retrenchment.Oil has been slowly pushing higher after being stuck near $40 a barrel since early June following a rapid rebound from a plunge below zero. However, the market is still facing headwinds including rising virus infections and fraying U.S.-China tensions, which may derail a nascent demand recovery.See also: Oil Companies Wonder If It’s Worth Looking for Oil AnymoreOPEC+ is planning to return about 1.5 million barrels a day this month after trimming roughly 10% of global supply following a crash in demand due to the outbreak. Oil exports from alliance member Oman fell 14% in July from a month earlier, according to a statement from Ministry of Oil & Gas.In the U.S., drillers cut the number of active rigs by 4 to 172, according to data Friday from Baker Hughes Co. That’s the lowest level since July 2005, before the shale boom kicked off.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 08/17/2020
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Baker Hughes reports a third weekly decline in the U.S. oil-rig count
- Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell by 4 to 172 this week. That marked a third weekly decline in a row. The total active U.S. rig count, meanwhile, was down 3 to 244, according to Baker Hughes. September West Texas Intermediate crude continued to trade lower following the data, losing 27 cents, or 0.6%, at $41.97 a barrel on the New York Mercantile Exchange.
- 08/14/2020
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COVID-19 Impact & Recovery Analysis | Drilling Bits Market In Oil And Gas (2020-2024) |Increased Use of Horizontal and Multilateral Wells to Boost the Market Growth | Technavio
- The Global Drilling Bits Market in Oil and Gas will grow by USD 1.38 bn during 2020-2024
- 08/10/2020
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The Oil And Gas Industry Is Going Remote
- The oil crash of 2020 has wreaked havoc on the oil and gas industry, but as with all crises there has been silver lining for companies who have once again boosted efficiency
- 08/09/2020
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Precious Metals & Energy - Weekly Review and Calendar Ahead
- Precious Metals & Energy - Weekly Review and Calendar Ahead
- 08/09/2020
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U.S. Oil Rig Count Falls To Lowest Level Since 2009
- The total oil and gas rig count in the U.S. fell by 4 this week, with the oil rig count dropping below 180 for the first time in over a decade
- 08/07/2020
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Oil futures remain lower after weekly rig count shows another fall
- Oil futures remained lower in afternoon trade Friday, showing little movement after oil-field services company Baker Hughes said the number of U.S. oil rigs...
- 08/07/2020
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The Collapse in Global Oil and Gas Drilling Deepened in July
- (Bloomberg) -- The number of rigs drilling for oil and gas set a fresh record low in July, as activity continues to collapse outside of North America.The Baker Hughes worldwide rig count dropped by 43 to 1,030 in monthly data, with regions beyond the U.S. and Canada accounting for almost 90% of the drop. The international rig count fell to 743 in July, meaning the number of active rigs outside of North America was at its lowest since 2003.Drilling collapsed after crude prices plunged earlier in the year due to the pandemic. Though weekly data suggest activity in the U.S. may have bottomed out in recent weeks, the decline outside of North America appears to have continued.The biggest drop in July was in the Middle East. This month many producers in the region have been adding supply back to the market, due to an agreed easing of OPEC+ production curbs.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 08/07/2020
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Baker Hughes Announces July 2020 Rig Counts
- Baker Hughes announces July 2020 rig counts.
- 08/07/2020
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Oil slips on demand concerns, but posts a gain for the week
- Oil prices slipped on Friday, adding to losses in the previous session, on worries that fuel demand growth will drop amid a resurgence of coronavirus cases and as talks have stalled in the United States on a new stimulus deal.
- 08/07/2020
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Oil Drilling Shrinks to 15-Year Low With Shale Spending Falling
- Oil Drilling Shrinks to 15-Year Low With Shale Spending Falling
- 08/07/2020
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Wells Fargo: These 3 High-Yield Dividend Stocks Have Double Digit Upside
- The stock markets have been having a string of good days, as earnings season has been a bit less grim than expected. While aggregated revenues are down nearly 10% year-over-year, many companies have been clearing the lowered expectations bar. Writing from Wells Fargo on the current mood and prospects, equity strategist Chris Harvey describes the situation as a ‘melt up.’ He sees room for another 5% growth in the S&P 500 by year’s end.Harvey specifically noted that two policies put in place to support the economy against the corona virus shutdowns have had a boosting effect on the stock markets as well. The severe cutback in interest rates by the Federal Reserve and a spree of corporate bond buying both increased the relative value of stocks.The result has been a buying spree. Investors have pushed the S&P 500 to within its February pre-crash levels, and the NASDAQ has been setting new records since the end of June. Harvey’s advice for investors? “Enjoy the ride while it lasts,” but expect “less-stable markets” at the end of the year.In the meantime, Harvey’s colleagues at Wells Fargo have pointed out several stocks that are not just poised to make gains, but are also showing dividend yields in excess of 4%. It’s an unbeatable combination for income-minded investors: share appreciation and high-yielding dividend returns.We’ve pulled three of Wells Fargo's stock recommendations from the TipRanks database, to find out what else makes them compelling buys.First Horizon (FHN)The first stock on our list today is a bank holding company. First Horizon is the owner of First Tennessee Bank, which has 180 consumer banking locations in Tennessee and the Southeast. Through its subsidiary, First Horizon provides retail and consumer banking, loans, and financial planning services. The company saw $1.9 billion in revenues last year.Like most of the banking sector, First Horizon saw revenues and earnings plummet in the first quarter of 2020. The shutdowns kept customers at home, and branch traffic dropped to near zero. EPS for the quarter came to just 5 cents, well below the 22-cent forecast and the 47-cent result from Q4. The partial reopenings led to a bounce in Q2, and EPS rose to 20 cents. Despite the tough conditions in 1H20, First Horizon has been able to acquire 30 branches of SunTrust’s Truist bank, adding $2.3 billion to its assets on deposit and $440 million to loans under management. FHN has also kept its dividend payment stable, paying out 15 cents per common share in both Q1 and Q2, and recently declaring the Q3 payment at the same rate. The dividend yields is 6.4%, and the company has a 9-year history of keeping it reliable.Wells Fargo analyst Jared Shaw was particularly impressed by the merger, writing, “We view the successful completion of the merger as of 7/1 and reiteration of synergy targets related to it as a positive catalyst and that FHN should begin to reap the benefits almost immediately.” Shaw added, “We continue to like the story at FHN and 6.5% dividend yield.”In line with his comments, Shaw rates FHN a Buy, and his $11 price target implies a one-year upside of 18% for the stock. (To watch Shaw’s track record, click here)Similarly, the rest of the Street is getting onboard. The shares have a Strong Buy analyst consensus rating, based on 6 Buys and 1 Hold, while the $11.50 average price target suggests that FHN has room for 23% upside growth this year. (See First Horizon stock analysis on TipRanks)FirstEnergy (FE)FirstEnergy, the second stock on today’s list, is another holding company – this time, in the utility industry in the state of Ohio. The company owns generation and distribution subsidiaries in the Ohio electric grid, as well as having an interest in the exploration, drilling, and transport of natural gas. FirstEnergy showed strong Q1 results, despite the coronavirus, and beat expectation on both EPS and revenues. Q2’s results were lower sequentially, but still higher than expected. That was enough to support the $0.39 quarterly dividend payment. At $4.68 annually, this dividend gives a solid yield of 5.26%. Trouble has come for the company in the current quarter. Last month, several Ohio legislators were arrested by the FBI in a bribery scandal involving the bailout of a former FirstEnergy subsidiary. While FE was not directly involved in the scandal, it was close to all the players – and share fell sharply when news of the arrests broke. FE is down 32% from pre-scandal levels.Fortunately, the scandal is likely to fade without implicating FirstEnergy. The company spun off the affected subsidiary earlier this year, and has already announced that it will cooperate with the law enforcement investigation. FirstEnergy has over $3.5 billion in liquid assets on its balance sheet, a comfort for investors considering the possibilities of fines or legal costs.Covering FE for Wells Fargo, 4-star analyst Neil Kalton writes, “[We] continue to believe that the current share price reflects a far worse potential financial outcome to the investigation... At this point, we view the potential risks to FE to be a federal fine and reputational issues… The FBI investigation has, to date, not resulted in the arrest of any FE employees..”Kalton sees the drop in FE’s share price as an opportunity, reducing the cost of entry to an otherwise sound stock. He rates FE a Buy, and his $40 price target indicates confidence in a 40% one-year upside. (To watch Kalton’s track record, click here)Overall, the Wall Street analyst consensus on FirstEnergy is a Moderate Buy based on 6 Buys and 8 Holds issued in recent weeks. FE shares are trading for $29, and have an average price target of $38.32; this suggests a 12-month upside potential of 32%. (See FirstEnergy stock analysis on TipRanks)Baker Hughes Company (BKR)The last stock on our list is a support services company in the oil industry. Baker Hughes provides the specialized tech and engineering services – knowledge, tools, and roughnecks on the ground – that allow exploration companies to site and complete wells and maintain drilling operations. Baker Hughes offers services to upstream, midstream, and downstream companies in the oil industry.A combination of factors has pummeled BKR stock in 1H20. Demand for oil fell dramatically in the first quarter, as the lockdowns and economic halt reduced fuel consumption of all sorts. While economies are starting up, and oil demand is increasing, stockpiles are bloated and so prices are low. The result, for BKR, was deep sequential drops in Q1 and Q2 earnings. Q3 earnings are expected to turn positive, but at only 20% of pre-crisis levels.Still, investors can take heart on some fronts. Baker Hughes has maintained its dividend, holding the payment steady at 18 cents per share for common stock. The company has been paying out the dividend at this level for the last three years, and with the fall in share prices, the yield is now 4.3%.Christopher Voie, in his note on BKR for Wells Fargo, sees a clear path for the company next year. He writes, “We believe that BKR offers one of the more compelling product portfolios in OFS as well as unique growth opportunities from a diverse, technology driven oil service and industrial equipment platform.” In particular, Voie likes the prospects for improved cash flow: “We expect significantly higher FCF in ’21 (+$920 MM) due to higher margins across product lines and the absence of more than $700 MM of separation & restructuring cash costs.”With such an upbeat outlook, it’s no wonder that Voie rates BKR shares a Buy. His $22 price target implies an upside of 31% for BKR shares in the year ahead. (To watch Voie’s track record, click here)All in all, Wall Street is bullish on Baker Hughes. The stock has a Strong Buy consensus rating, based on 11 Buys against just 2 Holds. Shares are priced at $16.76, and the average price target, at $20.42, suggests it has a 21% upside potential. (See Baker Hughes stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
- 08/06/2020
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DBO: Long-Term Consolidation Looms Ahead In Crude Oil (NYSEARCA:DBO)
- Crude oil advanced for the third straight month since the historic meltdown below zero in April. Tightening oil supply is unlikely to last, with production set to increase while demand recovery remains uncertain.
- 08/06/2020
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COVID-19 Impacts: Rotary Steerable Systems Market Will Accelerate at a CAGR of Over 7% Through 2020-2024 | Increase in Investments Toward Directional Drilling to Boost Growth | Technavio
- The Global Rotary Steerable Systems Market will grow by USD 2.43 bn during 2020-2024
- 08/04/2020
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Cooper Tire & Rubber Co (CTB) Q2 2020 Earnings Call Transcript | The Motley Fool
- CTB earnings call for the period ending June 30, 2020.
- 08/03/2020
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Oil Gets Back Above $40 As Traders Cheer Encouraging Manufacturing PMI Data
- Oil gains ground as traders hope that increasing manufacturing activity will support demand for oil.
- 08/03/2020
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New Blinded Observational Study Shows Greater Depth of Patient Sedation Than Intended During Procedural Colonoscopy
- Researchers used Masimo SedLine® brain function monitoring to investigate the depth of anesthesia of patients receiving propofol for colonoscopy.
- 08/03/2020
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Nissay Asset Management Corp Japan ADV Takes $1.07 Million Position in Baker Hughes Company (NYSE:BKR)
- Nissay Asset Management Corp Japan ADV purchased a new stake in Baker Hughes Company (NYSE:BKR) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 69,678 shares of the company’s stock, valued at approximately $1,072,000. Other institutional investors and hedge funds have also added […]
- 08/02/2020
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Florida man filmed clinging to hood of truck driving down interstate
- A bloodied motorist was filmed hanging on for dear life to the hood of a semi-trailer truck that was driving at high speed northbound on the Florida Turnpike near Boynton on Saturday afternoon.
- 08/02/2020
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Precious Metals & Energy - Weekly Review and Calendar Ahead
- Precious Metals & Energy - Weekly Review and Calendar Ahead
- 08/02/2020
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Oil ends higher to log July gain as traders brace for added supply
- Oil futures end higher Friday, booking a July gain, as traders weigh an uncertain outlook for demand, with bulls encouraged by a slump in the dollar.
- 07/31/2020
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Oil ends higher, logs monthly gain
- Oil futures ended higher Friday, posting a 2.5% July gain for the U.S. benchmark. West Texas Intermediate crude for September delivery undefined on the New...
- 07/31/2020
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Oil futures up slightly after small fall in U.S. rig count
- The U.S. crude-oil benchmark remained up slightly Friday after data from oilfield services firm Baker Hughes showed the number of U.S. oil rigs fell by 1 to...
- 07/31/2020
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Baker Hughes Declares Quarterly Dividend
- Baker Hughes declares quarterly dividend.
- 07/30/2020
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Pastor Accused Of Receiving Sexual Photos From Westchester Teen
- Prosecutors said the pastor told the teen he was a part-time professor and a counselor.
- 07/30/2020
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The Zacks Analyst Blog Highlights: LRCX, NVDA, BKR, KGC and BWA
- The Zacks Analyst Blog Highlights: LRCX, NVDA, BKR, KGC and BWA
- 07/30/2020
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GE’s stock sinks, as CEO Culp can’t call a bottom in the Aviation business
- Shares of General Electric Co. sank Wednesday, in volatile trading, after the diversified industrial conglomerate said it suffered “across the board”...
- 07/30/2020
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General Electric: That Was Nasty
- The management team at General Electric announced a really nasty set of data for the firm's second fiscal quarter.
- 07/30/2020
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Red Ink Flows From GE's Jet-Engine Unit -- WSJ | MarketScreener
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Coronavirus update: U.S. death toll climbs above 150,000, and White House task force says 21 states are in the ‘red zone’
- The U.S. death toll from the coronavirus illness COVID-19 climbed above 150,000 on Wednesday, and the White House Task Force created to manage the pandemic...
- 07/29/2020
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The Dollar's Plunge Calls for Tactical Asset Allocation Decisions
- The greenback is likely to shed some of its recent gains Continue reading...
- 07/29/2020
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Hughes President: OneWeb Investment Will Increase Our Addressable Market - Via Satellite -
- Hughes announced this week that it will invest $50 million into OneWeb, joining the U.K. government and Bharti Enterprises in their acquisition of the Low-Earth Orbit (LEO) constellation company. Hughes has been a longtime partner of OneWeb and was also an investor through parent company EchoStar. Before OneWeb
- 07/29/2020
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General Electric to sell remaining stake in Baker Hughes
- GE, which lost $2.2 billion dollars in the second quarter, still owns 36.6 percent of Baker Hughes, which it bought in 2017.
- 07/29/2020
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Antero Resources Is A Generational Buy: Working Through The Near-Term Debt Maturities
- On February 19th, 2020, I published an article on Antero Resources, calling the company, and the prevailing share price, a generational buy.
- 07/29/2020
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U.S. Dollar is Weakening: Here're the Best Ways to Play It
- Primarily, dollar has been more or less 20% overvalued before May, which eventually contributed to the slide in the past three months. The U.S. dollar index has slipped nearly 7% in the said period.
- 07/29/2020
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GE to sell off its Baker Hughes stake over the next 3 years
- General Electric Co. said Wednesday, as it reported second-quarter results, that it is launching a program to fully monetize its ownership position in oil services company Baker Hughes Co. over about three years. GE disclosed Wednesday that it owned 377.4 million shares of Baker Hughes, which based on Tuesday's stock closing price of $15.87 would be valued at $5.99 billion, and a promissory note. GE has recorded a $1.85 billion gain on its Baker Hughes holdings for the three months ended June 30, but has recorded a loss of $3.87 billion for the six months ended June 30. GE said its monetization plan is designed to allow GE to sell its shares at a price that is approximately the volume-weighted average price of Baker Hughes shares over an extended period of time. The company said it expects to use the proceeds from the sale of share to reduce debt. GE's stock rose 1.7% in premarket trading, after the company reported a wider-than-expected second-quarter loss but revenue and free cash flow that beat expectations. The stock has tumbled 38.3% year to date through Tuesday, while Baker Hughes shares have dropped 38.1% and the Dow Jones Industrial Average has lost 7.6%
- 07/29/2020
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The Dollar Is Dropping. What It Means and Which Stocks Might Gain.
- Currency strategists see more declines ahead. That could call for a different playbook for investors, including more foreign holdings.
- 07/28/2020
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Schlumberger: A Tedious Recovery At Best
- Schlumberger posted second quarter revenues of $5.356 billion down 35.2% from the same quarter a year ago.
- 07/27/2020
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WSJ News Exclusive | SK Capital Agrees to Buy Polymer Business From Baker Hughes
- The carve-out from the oil field-services provider follows a similar deal by KPS Capital Partners.
- 07/27/2020
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Baker Hughes (NYSE:BKR) PT Raised to $22.00
- Baker Hughes (NYSE:BKR) had its target price boosted by Susquehanna Bancshares from $19.00 to $22.00 in a report published on Thursday, The Fly reports. Several other brokerages also recently weighed in on BKR. Piper Sandler decreased their target price on Baker Hughes from $32.00 to $15.00 and set an overweight rating for the company in […]
- 07/27/2020
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Global Logging While Drilling Market Analysis Highlights the Impact of COVID-19 2020-2024| Increase in Directional Drilling to Boost Market Growth | Technavio
- The Global Logging While Drilling Market will grow by USD 556.71 mn during 2020-2024
- 07/27/2020
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Precious Metals & Energy - Weekly Review and Calendar Ahead
- Precious Metals & Energy - Weekly Review and Calendar Ahead
- 07/26/2020
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Baker Hughes Company (NYSE:BKR) Analysts Are Pretty Bullish On The Stock After Recent Results
- It's been a good week for Baker Hughes Company (NYSE:BKR) shareholders, because the company has just released its...
- 07/25/2020
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Is The Bottom Finally In Sight For U.S. Drilling Rigs?
- The U.S. rig count fell for a twentieth straight week, but the number of oil rigs actually increased, signaling a reversal
- 07/24/2020
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Baker Hughes reports first weekly rise in U.S. oil-rig count since mid-March
- Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil edged up by 1 to 181 this week. That marked the first increase since the week ended March 13. The total active U.S. rig count, meanwhile, fell by 2 to 251, according to Baker Hughes. August West Texas Intermediate crude continued to see a modest decline following the data, trading down 20 cents, or 0.5%, at $40.87 a barrel on the New York Mercantile Exchange.
- 07/24/2020
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Baker Hughes' Long-Term Model Will Go Through Some Difficult Phases
- Baker Hughes continues to expect a 50% fall in drilling and completion activity in North America in 2020 following the pandemic, which will adversely affect its short-term performance.
- 07/24/2020
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Oil posts third positive week in four on demand recovery hopes
- Oil prices fell on Friday, pressured by tensions between the United States and China, but some supportive economic data in Europe tempered losses.
- 07/24/2020
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Schlumberger's Q2 Results Could Get Interesting
- SLB reports quarterly earnings Friday. Its revenue and EBITDA could fall hard.
- 07/23/2020
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COVID not done wreaking havoc on Houston's oil and gas industry
- The coronavirus pandemic is not done wreaking havoc on the oil and natural gas industry where executives are not expecting some aspects of an ongoing downturn will reach bottom until the fall.
- 07/23/2020
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Fintech Focus For July 23, 2020
- Daily Perspective: We become what we think about. - Earl Nightingale
Fintech Movers: The top judicial body in China is pushing for the expansion of legal rights around the...
- 07/23/2020
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Oil Steadies With Weak Dollar Eclipsing Sluggish Demand Backdrop
- (Bloomberg) -- Crude nearly erased all losses with a declining dollar and strong U.S. equities lending support to a market weakened by sluggish demand.Futures in New York settled close to flat after dropping as much as 1.9% earlier on Wednesday. The dollar weakened to the lowest level since March and U.S. stocks largely firmed amid signs that Trump administration officials and Senate Republicans are discussing a short-term extension of unemployment insurance.“If we get close to a short-term stimulus extension for unemployment, that’s probably going to give demand expectations a boost,” said Phil Flynn, senior market analyst at Price Futures Group Inc.Still, U.S. government data showed crude stockpiles increased by nearly 5 million barrels last week, supplies of distillate surged to the highest in decades and gasoline demand ticked lower, signaling that the virus is keeping drivers off the road during the typically high-consumption summer months.U.S. benchmark crude futures have had trouble breaking out of a narrow trading range near $40 a barrel this month in the wake of a resurgent coronavirus and the OPEC+ alliance’s plans to ease supply cuts next month. American crude inventories are sitting at the highest seasonal level in decades.As global Covid-19 cases surpassed the 15 million milestone, Baker Hughes Co. said it is bracing for a second wave of lockdowns. The world’s No. 2 oilfield services contractor said worldwide economic contraction probably reached a nadir in the second quarter, but warned that the outlook remains “extremely limited.”In the U.S., California passed New York, once the epicenter of the outbreak in America, as the state with the most confirmed infections. Arizona reported a 1.3% increase on Wednesday, while Florida reported a 2.6% rise. U.S. President Donald Trump warned that the coronavirus outbreak in the U.S. will probably worsen before improving.“The U.S. from a demand perspective has appeared to stall out here,” said Nick Holmes, an analyst at Tortoise, which manages about $11 billion in energy-related assets. “It looked like we were going to have a fairly quick bounce-back as cities and states started to open back up, but that’s slowed dramatically over the last couple of weeks.”The Energy Information Administration data showed domestic crude supplies rose by 4.89 million barrels last week, while supplies at the Cushing, Oklahoma hub increased for a third straight week. Distillate stockpiles jumped to above 177 million barrels and crude production also edged higher.“The 500-pound gorilla is really just the virus here,” said Tariq Zahir, managing member of the global macro program at Tyche Capital Advisors LLC. “At this time of year, in mid-July, you’re usually having tremendous amount of driving and a lot of traveling, and you should see draws. Just to see the build here, the main takeaway is, the pandemic is really having an effect.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 07/22/2020
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Baker Hughes Co. (BKR) Q2 2020 Earnings Call Transcript
- BKR earnings call for the period ending June 30, 2020.
- 07/22/2020
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Coronavirus update: U.S. case tally climbs above 3.9 million as Trump finally urges Americans to wear face masks
- The number of U.S. cases of the coronavirus illness COVID-19 climbed above 3.9 million on Wednesday, a day after President Donald Trump finally encouraged...
- 07/22/2020
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Baker Hughes (BKR) Q2 Earnings Miss on Weak Oilfield Services
- Despite a weak energy environment, Baker Hughes (BKR) generates positive free cash flow of $63 million in the second quarter.
- 07/22/2020
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Baker Hughes Company (BKR) CEO Lorenzo Simonelli on Q2 2020 Results - Earnings Call Transcript
- Baker Hughes Company. (NYSE:BKR) Q2 2020 Results Earnings Conference Call July 22, 2020, 09:00 AM ET Company Participants Judson Bailey - VP, IR Lorenzo Simonelli - Chairman and CEO Brian Worrell - Chief Financial Officer Conference Call Participants James West - Evercore ISI Sean Meakim - JPMorgan Angie Sedita - Goldman Sachs Chase Mulvehill - Bank of America Bill Herbert - Simmons David Anderson - Barclays Scott Gruber - Citigroup Kurt Hallead - RBC Presentation Operator Good day, ladies and gentlemen, and welcome to the Baker Hughes Company Second Quarter 2020 Earnings Call.
- 07/22/2020
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Baker Hughes, Snam test hydrogen-methane turbine for gas transmission network | Power Engineering
- Oilfield services firm Baker Hughes and Italian energy infrastructure company Snam say they have successfully completed testing on a first-ever hybrid hydrogen gas turbine for natural gas transmission systems. Baker Hughes tested its NovaLT12 gas turbine at the firm’s facility in Florence, Italy. Snam plans to install it next year at one of their compressor...
- 07/22/2020
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Baker Hughes (BKR) Reports Q2 Loss, Tops Revenue Estimates
- Baker Hughes (BKR) delivered earnings and revenue surprises of -400.00% and 1.04%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/22/2020
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Baker Hughes posts second quarterly loss as oil slump slams demand
- Oil producers stopped drilling new wells and drastically cut their budgets following a collapse in crude oil prices this year that clipped demand for services offered by Baker Hughes and rivals Schlumberger and Halliburton . Revenue from Baker Hughes' oilfield services business, which accounts for about half of total sales, tumbled 26% to $2.41 billion in the second quarter. Baker Hughes has cut its 2020 budget by over 20% year-on-year and disclosed plans to exit or shut down non-core product lines, including North American full-service drilling and completions fluids business.
- 07/22/2020
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Baker Hughes posts $201 million loss during second quarter
- Houston oil field service company Baker Hughes posted a $201 million loss in the second quarter as the company continues to navigate through an ongoing industry downturn caused by the coronavirus pandemic.
- 07/22/2020
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Baker Hughes Company Announces Second Quarter 2020 Results
- Baker Hughes announces second quarter 2020 financial results.
- 07/22/2020
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Supply Cuts Boost Canadian Oil Producers
- Growing demand is pushing up prices for crude in Canada, helped by producers’ cutbacks in the spring.
- 07/21/2020
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Baker Hughes: North America Could Fall Hard
- BKR reports earnings tomorrow. HAL's North America operations fell hard.
- 07/21/2020
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Schlumberger Tightens Its Belt
- SLB is taking a sizeable one-time charge for layoffs and restructuring efforts. The company is efficient relative to its peers, but it still needs to cut costs to offset headwinds from the pandemic.
- 07/19/2020
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Is a Beat in the Offing for Baker Hughes' (BKR) Q2 Earnings?
- Baker Hughes' (BKR) second-quarter results are likely to be boosted by resumed drilling activities across shale plays.
- 07/17/2020
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Dodge & Cox Stock Fund Q2 2020 Fact Sheet
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COVID-19 Impact & Recovery Analysis - Fracking Fluid Market (2020-2024) | Increasing Demand for Oil and Gas to Boost Growth | Technavio
- The GLOBAL FRACKING FLUID MARKET will grow by USD 14.72 bn during 2020-2024
- 07/16/2020
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Baker Hughes (BKR) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
- Baker Hughes (BKR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/15/2020
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COVID-19: Significant Shift in Strategy of Frac Services Market - Vendor Analysis and Growth Outlook for 2020-2024: Exclusive Report from Technavio
- The Global Frac Services Market will grow by USD 3.12 bn during 2020-2024
- 07/15/2020
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How Should Investors React To Baker Hughes' (NYSE:BKR) CEO Pay?
- Lorenzo Simonelli has been the CEO of Baker Hughes Company (NYSE:BKR) since 2017, and this article will examine the...
- 07/14/2020
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Sunak’s Covid-19 package may not be value for money, warns Treasury economist
- Incoming head of OBR says lack of forecasting means emergency measures’ success will be hard to gauge
- 07/14/2020
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Beaufort CRO Names Karin Hughes, Ph.D. as Senior Vice President, Regulatory and Quality
- Beaufort, an industry-leading contract research organization (CRO) names Karin Hughes, Ph.D. as Senior Vice President, Regulatory and Quality.
- 07/14/2020
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Search launched for woman who disappeared in Sierra National Forest
- Sandra Johnsen Hughes, 54, was last seen on a solo camping trip in Sierra National Forest near Fresno over eight days ago on July 4. Her family said they haven't heard from her since June 26.
- 07/13/2020
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Did Hedge Funds Make The Right Call On Baker Hughes Company (BKR) ?
- We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]
- 07/13/2020
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US Oil & Gas Rig Tally Hits Record Lows for 10 Straight Weeks
- With oil prices recovering gradually, most analysts opine that the decline in weekly rig count will narrow down further.
- 07/13/2020
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The R.I.P. Portfolio's Q2 2020 Update
- This real-money portfolio was first introduced to the Seeking Alpha community in December 2015. The portfolio underperformed its benchmark in Q2 2020 and it is lagging the S&P 500's performance since late 2015.
- 07/13/2020
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U.S. shale oil output to drop to two-year low of 7.5 million bpd in August: EIA
- U.S. shale oil output to drop to two-year low of 7.5 million bpd in August: EIA
- 07/13/2020
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Energy & Precious Metals - Weekly Review and Calendar Ahead
- Energy & Precious Metals - Weekly Review and Calendar Ahead
- 07/12/2020
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Troy Deeney penalty double earns Watford comeback win over Newcastle
- Troy Deeney converted twice from the spot as Watford came from behind to beat Newcastle 2-1 at Vicarage Road and take a big step towards Premier League survival
- 07/11/2020
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Baker Hughes reports U.S. oil-rig count down by 4 this week
- Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil edged down by 4 to 181 this week. That followed a decline of 3 oil rigs a week earlier. The number of oil rigs has not seen an increase since the week ended March 13. The total active U.S. rig count, meanwhile, fell by 5 to 258, according to Baker Hughes. August West Texas Intermediate crude held onto their gains following the data, trading up 56 cents, or 1.4%, at $40.18 a barrel on the New York Mercantile Exchange.
- 07/10/2020
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Katharine Hepburn's love letters to Howard Hughes up for auction
- She signed off as "Country Mouse" and called him "My most excellent boss."
- 07/10/2020
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Fort Bend Democrats to decide runoff for sheriff next week
- Fort Bend County Democrats on Tuesday will choose between two candidates with deep law enforcement experience to face Republican Trever Nehls, who currently serves as Precinct 4 constable, in the fall election for sheriff.
- 07/10/2020
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Hollywood star Katharine Hepburn’s love letters to Howard Hughes up for auction
- She signed off as “Country Mouse” and called him “My most excellent boss.”She was Hollywood star
- 07/09/2020
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Katharine Hepburn's love letters to Howard Hughes up for auction
- She signed off as "Country Mouse" and called him "My most excellent boss."
- 07/09/2020
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COVID-19 Impact and Recovery Analysis | Well Intervention Services Procurement Intelligence Report Forecasts Spend Growth of over USD 3 Billion
- The global Well Intervention Services Procurement Intelligence Report Forecasts Spend Growth of over USD 4 billion between 2019-2024
- 07/07/2020
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10 Behind-The-Scenes Facts About The Making Of Uncle Buck
- Uncle Buck is one of the most loved comedies from the 80s and stars John Candy in all his glory. Here are some behind the scenes facts about the film.
- 07/06/2020
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Why Baker Hughes Stock Plummeted 40% in the First Half of 2020 | The Motley Fool
- Baker Hughes stock has actually recovered from the worst of its downturn, which hints at just how bad things really are.
- 07/06/2020
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US Oil & Gas Rig Tally Hits All-Time Lows for 9 Straight Weeks
- With oil prices recovering gradually, most analysts opine that the decline in weekly rig count will narrow down further.
- 07/06/2020
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From Two Vantage Points: The Horrors of War | National Review
- At the liberation of Bergen-Belsen 75 years ago, the stories of a Jewish teenager and a heroic British army doctor converged.
- 07/06/2020
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Prolific burglar caught thanks to corner shop conversation
- Terry Hughes crept into a flat and stole a mobile phone from the headboard of the bed as the victim slept just inches away. Hours later he was caught due to a chance overhearing
- 07/05/2020
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Lout jailed for harassing ex and shouting 'why do you hate me'
- The jealous ex even through a light at his victim in a campaign of harassment
- 07/05/2020
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Energy & Precious Metals - Weekly Review and Calendar Ahead
- Energy & Precious Metals - Weekly Review and Calendar Ahead
- 07/05/2020
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Chelsea vs Watford LIVE – Latest updates
- The Blues must win to reclaim their place inside the top four after Man United’s win over Bournemouth
- 07/04/2020
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Chelsea v Watford: Premier League – live!
- Can Chelsea bounce back from their midweek defeat when they host struggling Watford? Join Rob Smyth
- 07/04/2020
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The Wild Laughter by Caoilinn Hughes review – an Irish Cain and Abel
- Resentment seethes between two brothers as their father lies dying in the wake of boom and bust
- 07/04/2020
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Lout shouted 'why do you hate me' through woman's letter box
- Nuisance pest threw garden light at victim and insulted her sister in campaign of harassment that lasted over a week.
- 07/03/2020
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U.S. Rig Count Declines for the Fourth Consecutive Month
- With oil prices recovering gradually, most analysts opine that the decline in the tally of monthly rig will narrow down further.
- 07/03/2020
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U.S. oil & gas rig count hits record low for ninth week: Baker Hughes
- U.S. energy firms cut the number of oil and natural gas rigs operating to a record low for a ninth week in a row although the reductions have slowed as higher oil prices prompt some producers to start drilling again.
- 07/02/2020
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Mark Hughes opens up on what went wrong at Stoke as he looks back at recruitment
- Former manager has renewed appreciation of Sir Alex Ferguson's ability to build and dismantle teams
- 07/02/2020
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How we expect Watford to line-up against Chelsea
- Watford trio Andre Gray, Domingos Quina and Nathaniel Chalobah are available to face Chelsea this weekend after apologising for breaking coronavirus lockdown rules.
- 07/02/2020
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Ethereum co-founder says “rollups” will power ETH 2.0 to 100k TPS | CryptoSlate
- Since long, the transaction per second (TPS) metric for many cryptocurrencies is informally considered a gold standard for how good any blockchain platform is.
- 07/02/2020
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New sustainable Highton estate selling on former water basin site
- Land has hit the market in a new sustainable Highton housing estate that’s set to transform a former water basin into a eco-friendly community.
- 07/02/2020
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A total of 1,435 jobs will go at Airbus in Wales
- It is a devastating blow for workers and the local economy
- 07/02/2020
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Mark Hughes: We were producing the best football Stoke fans had ever seen
- Former Stoke City manager talks about the players he inherited from Tony Pulis
- 07/02/2020
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Baker Hughes Announces June 2020 Rig Counts
- Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for June 2020 was 781 down 24 from the 805 counted in May 2020, and down 357 from the 1,138 counted in June 2019. The international offshore rig count for June 2020 was 194, down 1 from the 195 counted in May 2020, and down 52 from the 246 counted in June 2019.
- 07/02/2020
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Oil Set for Weekly Gain as Economic Green Shoots Outweigh Virus
- Oil Set for Weekly Gain as Economic Green Shoots Outweigh Virus
- 07/02/2020
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We fact checked Scott Morrison on slavery in early NSW. Here's what we found
- Amid a debate surrounding the Black Lives Matter protests in Australia, Prime Minister Scott Morrison said that the colony of NSW was founded on the basis there would be no slavery. RMIT ABC Fact Check delves into the history books.
- 07/01/2020
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'Swagger' - The player ratings as Albion demolish Sheff Wed
- Here is how we rated the players
- 07/01/2020
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