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ThinkstockThe latest data from Baker Hughes Inc. (NYSE: BHI) shows that drilling rig counts in North America rose by 1 in the week ending today and fell by 308 from the comparable period a year ago....
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ThinkstockIn the energy sector, 2012 was the year of the refiner. Stock prices appreciated at least 80% for most of them, while the supermajor integrated companies were only able to tally gains in...
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ThinkstockOil field services company Baker Hughes Inc. (NYSE: BHI) today reported that its count of foreign oil & gas drilling rigs rose slightly from 1,253 in December to 1,279 in January....
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ThinkstockThe latest data from Baker Hughes Inc. (NYSE: BHI) shows that drilling rig counts in North America rose by 15 from a week ago and fell by 318 from the comparable period a year ago. In the...
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ThinkstockWe have tracked the key short interest changes as of December 15 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE: CHK);...
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ThinkstockIt is becoming increasingly apparent that Wall St. is keeping a sharp eye on companies in the oil service sector. As we reported earlier this week Deutsche Bank A.G. (NYSE: DB) upgraded the...
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U.S. equity markets opened higher this morning following a string of solid earnings reports yesterday and after markets closed last night. As we note below, earnings results were more mixed today,...
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thinkstock Today got off to a bit of a rocky start on earnings. McDonald’s Corp. (NYSE: MCD) beat estimates but not by much and growth appears to be stalled for the world’s largest fast food...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Alcatel-Lucent S.A (NYSE: ALU) raised to Neutral from Sell at...
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ThinkstockBaker Hughes Inc. (NYSE: BHI) reported fourth-quarter and full-year 2012 results before markets opened this morning. The oil field services firm reported adjusted diluted quarterly earnings...
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U.S. equity markets opened about flat this morning following the holiday weekend in the U.S. Foreign markets were also more or less mixed. In Europe, the German and eurozone economic indexes came in...
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thinkstockDespite reasonably consistent oil prices and an increasingly favorable overall tolerance for risk, the oil service sector had an ugly year in 2012. After a disastrous first half of the year...
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U.S. equity markets opened lower this morning and remained down throughout the day. The likely reason for the downturn is lowered expectations for corporate earnings which will get off the blocks...
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ThinkstockInvestment firm Sterne Agee this morning published its outlook for the oil field services sector, calling for limited upside in North American activity, improvement in international...
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Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research firms this Tuesday. Ameriprise Financial Inc. (NYSE: AMP) cut to Neutral at Credit Suisse....
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