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BHI Articles
If you have somehow managed to be out since last summer when the oil boom was still in full-speed, there is one issue you would not have guessed was coming this quick: layoffs in the oil patch. We...
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Oil field services company Weatherford International Ltd. (NYSE:WFT) announced that it has begun offering Senior Notes due in 2019. A subsidiary of Weatherford "will fully and unconditionally...
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Lower and lower oil prices are good for the broader economy, but they are bringing pain to the oil patch. Oil services giant Baker Hughes Inc. (NYSE: BHI) is demonstrating this more than any other...
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In a perhaps late research call in the oilpatch, Goldman Sachs has downgraded the exploration & production sector to Neutral from attractive and downgraded the oil services sector to Neutral from...
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As you will see below, there were many key changes to short sales in oil stocks. Some of these would have been expected to have gone up because oil was so weak. But there were many surprising...
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Less than a month ago, we published a story on oilfield services companies and how their stocks had fallen along with the price of crude. Their stocks should be doing better considering the services...
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Oil Services are deemed by many market pundits as being more insulated than integrated oils, refiners, and other sub-sectors of the energy sector for oil and gas. While these frequently move...
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Excluding special items, National Oilwell Varco (NYSE:NOV) reported second quarter 2008 income of $486.5 million, or $1.20 EPS. During the quarter, the company paid $62.5 million related to its...
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Baker Hughes Incorporated (NYSE: BHI) has decided to release some of its cash as a reward for its shareholders. The company has just jacked up its dividend to $0.15 per share, up about 15% from...
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AKS, BHI, IPI, NAT, PSYS, SGLP, SNN, SYNA, ULTAThese are some of the top upgrades or positive analyst calls we are seeing this Wednesday morning in early pre-market hours: AK Steel (AKS) Raised to...
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These are some of the top analyst calls in oil and gas stocks we have seen in the early hours of trading this Tuesday morning. Citigroup picked up new coverage on many stocks today. Its new HOLD...
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Three more oil field services companies reported earnings today, and there isn’t much good news in any of the announcements. Baker Hughes (NYSE:BHI) reported EPS of $1.27, which includes a one-time...
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We have already seen some of the larger oil services companies report earnings between Monday and Friday, so far with little cheers today. On Tuesday, we’ll get to see earnings report from...
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Oil field services biggies, Halliburton (NYSE:HAL) and Weatherford (NYSE:WFT), reported first quarter results before the market opened this morning. Halliburton reported EPS of $0.64 on revenue of...
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Goldman Sachs has made a change in its oil services sector expectation this morning: It has raised Halliburton (NYSE: HAL) to Buy from Neutral and has raised 2008 EPS estimates by about 2.5% and...
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