Current BHI Stock Info

The U.S. rig count rose 17 rigs this week, but increased drilling doesn’t weaken oil prices
The U.S. land rig count continued to gain for the week ended August 12, 2016, with 17 additional rigs reported in the United States, according to Baker Hughes Industries (ticker: BHI). The total U.S. rig count reached 481 this week, thanks in large part to a continued increase in drilling activity in the Permian.

BHI reported 15 newly active rigs drilling for oil and two new rigs targeting gas, bringing the totals for each to 396 and 83, respectively...

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