Baker Hughes Co (NASDAQ:BKR) announced on March 22 that it is partnering with C3.ai (AI), Accenture (ACN), and Microsoft (MSFT).
Considering that Permian explorers are adding oil rigs and the region's production is likely to grow, it is high time to bet on the upstream players in the basin. EOG, XOM and CVX are poised to gain.
The acquisition adds to Baker Hughes' (BKR) existing portfolio of oilfield technologies and integrated solutions.
In its weekly release, Baker Hughes Company (BKR) reports that the U.S. rig count is in line with the prior-week tally.
U.S. oil field services company Baker Hughes said Saturday that it was suspending new investments for its Russia operations.
HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NASDAQ: BKR) will hold a webcast on Wednesday, April 20, 2022 to discuss the results for the first quarter ending March 31, 2022. The webcast is schedu
The energy sector was taking a broad beating Tuesday, as crude oil prices continued their recent plunge below $100 a barrel. The SPDR Energy Select Sector ETF XLE, -3.33% slumped 3.3% in afternoon tra
March 11 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for the ninth time in 10 weeks after Russia’s invasion of Ukraine drove crude prices to their highest since 2008. The oil and gas rig count, an early indicator of future output, rose 13 to 663 in the week to … Read more
United States Baker Hughes US Oil Rig Count climbed from previous 519 to 527
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil was up by eight to 527 this week. That was the biggest one-week gain since the week ended Feb. 11, Baker Hughes data show. The total active U.S. rig count, which includes those drilling for natural gas, climbed by 13 to 663, according to Baker Hughes. Oil prices continued to rally in Friday dealings, finding continued support from supply concerns in the wake of the Russia -Ukraine war. April West Texas Intermediate crude was up $2.66, or 2.5%, at $108.68 a barrel on the New York Mercantile Exchange. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Oil Prices Ease As U.S. Rig Count Jumps

06:08pm, Friday, 11'th Mar 2022 OilPrice com
The number of total active drilling rigs in the United States rose by 13 this week as WTI trades near $109 per barrel. The total rig count rose to 663 this week, while U.S. producers continue to prioritize fiscal discipline over risky investments to boost oil production. Baker Hughes reported this week that the total active rig figure—oil, gas, and miscellaneous—is 261 rigs higher than the rig count this time in 2021. Oil rigs rose by 8 to 527, while gas rigs were up by 5 to 135. Miscellaneous rigs stayed the same at 1. While drilling…

Baker Hughes oil rig count rises by 8 to 527 | Forexlive

06:03pm, Friday, 11'th Mar 2022 Forexlive
Total rigs up 13

US adds 8 oil rigs - Baker Hughes

06:00pm, Friday, 11'th Mar 2022 Breaking the News 24/7
The number of oil rigs in the United States fell by 8 to 527 in the week ending March 11 compared to the previous week, according to the Baker Hughes weekly rig count released on Friday. More to come…
NEW YORK , March 11, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for JD, AMAT, TSLA, BUD, and BKR. … Full story available on Benzinga.com
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