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Baker Hughes Inc. (NYSE: BHI) has released the weekly rig counts.  The bad news is that these rig counts are still declining.  The good news is that this really appears to be stabilizing at least...
Baker Hughes Inc. (NYSE: BHI) has its weekly rig count out, and we are still losing rigs in the oil and gas sector.  Somehow our inventories keep building to near-record levels.  The answer is...
Baker Hughes Inc. (NYSE: BHI) is out with its weekly rig count.  Last week we thought that we were getting close to equilibrium on the supply and demand equation because we were starting to see a...
We’ve been tracking the rig count from Baker Hughes Inc. (NYSE:BHI) for a long time, and the bad news on North American drilling has finally tapered off. Now, Basic Energy Services (NYSE:BAS) has...
We’ve been closely tracking the weekly rig counts published by Baker Hughes Inc. (NYSE:BHI) for a while now. Drilling for oil has slowed significantly in the US, and drilling for natural gas has...
It appears that oil stability and a large percentage rise off of lows is not enough for drillers.  Baker Hughes Inc. (NYSE: BHI) released its weekly total rig counts for the US and Canada and for...
Baker Hughes Inc. (NYSE: BHI) has just released its weekly total rig counts for the US and Canada and for offshore rigs.  Despite the notion that oil is now back above $50.00 and calls to get off...
Baker Hughes Inc. (NYSE: BHI) just released its weekly rig counts.  Despite the fact that oil has recovered handily off its lows, it seems that oil rig operators still are not enthusiastic about...
This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows.  The time frame is by the end of 2010, which is meant to coincide with some form of...
Just about every economist says that the employment rates, ergo the unemployment rate, is a lagging indicator.  The same is arguably true for the total number of rigs in oil and gas.  Baker Hughes...
Smith International, Inc. (NYSE:SII) led the parade of oil field services stocks downhill yesterday. Smith opened Thursday more than $1.50/share lower than Wednesday’s close and finished the day...
That Baker Hughes Inc. (NYSE:BHI) this morning reported better-than-expected results for its fourth quarter shouldn’t really be a surprise. When Halliburton Company (NYSE:HAL) and Weatherford...
These are some of the top pre-market analyst downgrades or cautious calls we are seeing from Wall Street this Wednesday morning: Apollo Investment (AINV) Cut to Neutral from Overweight at JPMorgan....
These are some of the top pre-market analyst downgrades on Wall Street this Tuesday morning: Apollo Investment (AINV) Cut to Neutral at JPMorgan. Baker Hughes (BHI) Cut to Underweight at Morgan...
Baker Hughes Incorporated (NYSE:BHI) released its monthly rig count report this morning. Compared with November counts, drilling rigs in North America are off about 9%. Compared with December 2007,...