Current BHI Stock Info

U.S. rig count loses 34, Canada adds 83
After holding relatively steady last week, the U.S. rig count dropped by 34 this week, according to information from Baker Hughes Industries (ticker: BHI). The drop represents a 5% decline in the U.S. rig count in just a single week. Last week, the total U.S. rig count dropped below 700, the lowest level since 1999.

Texas lost 13 rigs week-over-week, with most other states losing three or four rigs as well. The only state to add any rigs this week was Louisiana, which added a single rig to its count. ...

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