Post Tagged with: "Baker Huges"

International Rig Count: Inclusion of Ukrainian Rigs Juices the Total

International Rig Count: Inclusion of Ukrainian Rigs Juices the Total

Baker Hughes (stock ticker: BHGE) released its monthly international rig count today, revealing an increase of 64 compared to April, bringing the total number of rigs to 1,126. The number of offshore rigs, however, fell 11 compared to last month, …

Baker Hughes Aims Cash at a $3 Billion Share Repurchase; Intends to Issue New Debt

Baker Hughes Aims Cash at a $3 Billion Share Repurchase; Intends to Issue New Debt

Earlier today Baker Hughes GE (ticker: BHGE) announced that its board authorized Baker Hughes, LLC to repurchase up to $3 billion of its common units from BHGE and GE. According to the company’s press release, BHGE will use the proceeds …

November 6, 2017 - 5:18 pm Closing Bell Story‎, Finance, Oil and Gas 360 Articles
Double-Digit Drop in U.S. Rig Count

Double-Digit Drop in U.S. Rig Count

U.S. rig count falls by 15

The number of rigs operating in the United States continued to decline in the week ended October 20, 2017, according to Baker Hughes.

The company reported a total rig count of 913, down 15 …