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In the week ended July 8, the number of rigs drilling for oil in the United States rose to 351, according to the latest Baker Hughes North American Rotary Rig Count.
There are a total of 424 working rigs in the country, according to the Baker Hughes North American Rotary Rig Count.
In the week ended June 10, the number of rigs drilling for oil in the United States totaled 328, according to the Baker Hughes North American Rotary Rig Count.
In the week ended June 3, the number of rigs drilling for oil in the United States grew to 325, according to the Baker Hughes North American Rotary Rig Count.
In the week ended May 27, the number of rigs drilling for oil in the United States fell to 316, according to the Baker Hughes North American Rotary Rig Count.
24/7 Wall St. reviews many key analyst upgrades and downgrades throughout the week. There remains a huge interest in which oil and gas stocks now offer long-term upside for investors.
There are a total of 404 working rigs in the United States, down by two week over week and down 481 year over year, according to the latest Baker Hughes North American Rotary Rig Count.
Despite the failed attempt to acquire Baker Hughes, Argus believes that Halliburton remains better positioned than most peers to take advantage of new technology in the North American land market.
In the week ended May 13, the number of rigs drilling for oil in the United States fell to 318, according to the Baker Hughes North American Rotary Rig Count.
The number of rigs drilling for oil in the United States fell to 328, according to the latest Baker Hughes North American Rotary Rig Count.
This merger fell through not because it would have been anticompetitive. It fell through because neither Halliburton nor Baker Hughes is in existential danger, at least not yet.
Baker Hughes said Monday that it intends to buy back $1.5 billion in its shares, along with $1 billion in debt.
The second- and third-largest oilfield services companies in the world officially ended their merger agreement late Sunday.
In the week ended April 29, the number of rigs drilling for oil in the United States dropped to 332, according to the Baker Hughes North American Rotary Rig Count.
Just how badly is the oil industry suffering? Halliburton's discussion of the past quarter makes that plain.