|Bid||25.60 x 800|
|Ask||25.61 x 1800|
|Day's Range||25.44 - 26.05|
|52 Week Range||20.09 - 37.76|
|Beta (3Y Monthly)||0.82|
|PE Ratio (TTM)||56.89|
|Earnings Date||Apr 30, 2019|
|Forward Dividend & Yield||0.72 (2.73%)|
|1y Target Est||31.92|
Baker Hughes on Thursday reported that the number of active U.S. rigs drilling for oil fell by eight to 825 this week. That followed increases in each of the previous two weeks. Rig data were released a day earlier than usual because markets are closed on Good Friday. The total active U.S. rig count also declined by 10 to 1,012, according to Baker Hughes. May West Texas Intermediate crude was trading down 11 cents, or 0.2%, at $63.65 a barrel, little changed from before the rig data.
Schlumberger’s Q1 Earnings Meet Analyst Estimates(Continued from Prior Part)Schlumberger in 2019 Schlumberger (SLB) has risen 31% so far in 2019. The stock has outperformed peers Halliburton (HAL), National Oilwell Varco (NOV), and Baker Hughes
Conservative spending by explorers and producers is likely to hurt demand for oil service firms despite favorable Q1 crude price.
Futures slid 0.8 percent in New York on Monday after notching a sixth straight weekly increase on Friday. U.S. equities halted a three-day climb after results from Goldman Sachs Group Inc. and Citigroup Inc. failed to meet expectations. “On the demand side, there is this looming issue of slower growth," said Marshall Steeves, energy markets analyst at Informa Economics in New York.
The price of WTI crude oil was down 0.8 percent to $64.13 per barrel on Friday after Baker Hughes A GE Co (NYSE: BHGE ) released its weekly U.S. rotary drill rig numbers. Rig counts have been slowly creeping ...
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by two to 833 this week. That followed an increase of 15 oil rigs the week before. The total active U.S. rig count, however, declined by 3 to 1,022, according to Baker Hughes. May West Texas Intermediate crude was up 58 cents, or 0.9%, at $64.16 a barrel from Thursday's finish, little changed from before the rig data.
Schlumberger’s Q1 Earnings Are Expected to Fall 21%(Continued from Prior Part)Schlumberger in 2019Schlumberger (SLB) has risen ~26% in 2019 due to strength in crude oil prices. The stock has outperformed Baker Hughes (BHGE), Halliburton (HAL),
Schlumberger’s Q1 Earnings Are Expected to Fall 21%(Continued from Prior Part)Rising DUC inventory The inventory of DUC (drilled but uncompleted) wells has been rising for two years. The number of drilled but uncompleted wells has risen
Schlumberger’s Q1 Earnings Are Expected to Fall 21%(Continued from Prior Part)US rig count According to Baker Hughes (BHGE) data, the total US rig count fell from 1,083 in the week ending December 28 to 1,006 in the week ending March 29. The rigs
Schlumberger’s Q1 Earnings Are Expected to Fall 21%Schlumberger’s first-quarter results Schlumberger (SLB) is scheduled to report its first-quarter earnings on April 18. Analysts’ consensus EPS estimate is $0.3 per share. The
The tally for oil drilling rigs rises in the seventh week after the count fell for six straight weeks to the lowest level since April 2018.
Goldman Sachs Raised the Oil Price Forecast for 2019(Continued from Prior Part)Oil rig countLast week, the oil rig count rose by 15 to 831 from the lowest level since April 13, 2018. The rig count tends to follow US crude oil prices with a three
Conservative investments in U.S. exploration and production activities might affect demand for rigs. Hence, drillers may continue to lower rig count in the coming months.
HOUSTON, April 8, 2019 /PRNewswire/ -- KBR, Inc. (KBR) announced today that it has selected Baker Hughes, a GE company (BHGE), as part of the ongoing development of KBR's standardized mid-scale Liquefied Natural Gas (LNG) design. The design utilizes ConocoPhillips' (COP) Optimized Cascade® technology as part of a broader partnership previously announced by KBR and COP. The mid-scale LNG facilities designed under the agreement between KBR and BHGE will standardize around BHGE's proven gas turbine driver technologies, featuring BHGE's LM2500+G5 and LM6000PF gas turbines.
Baker Hughes, a GE company (BHGE) will hold a webcast on Tuesday, April 30, 2019 to discuss the results for the first quarter ending March 31, 2019. The webcast is scheduled to begin at 9:30 a.m. Eastern Time (8:30 a.m. Central Time). A press release announcing the results will be issued at 6:45 a.m. Eastern Time (5:45 a.m. Central Time).
Baker Hughes, a GE company announced today that the Baker Hughes international rig count for March 2019 was 1,039, up 12 from the 1,027 counted in February 2019, and up 67 from the 972 counted in March 2018.
General Electric's CEO's Revamped Strategy Drives Its Stock PriceGE stock rallied in the first quarterShares of General Electric (GE) have been surging since the beginning of the year and have probably seen the highest gain ever in a first
Curtailing investments in upstream activities has already slowed U.S. drilling activities and hence could continue to affect demand for fresh oilfield services of Baker Hughes (BHGE) in North America.
Baker Hughes A GE Co NYSE:BHGEView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for BHGE with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding BHGE are favorable, with net inflows of $9.84 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. BHGE credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NEW YORK, April 01, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Kyle Cooper of Cypress Energy joins CNBC's "Closing Bell" team to talk about Chevron's deal to buy Anadarko for $33 billion in cash and stock.