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Zacks News
Based in Houston, TX, Baker Hughes Company is one of the world’s largest oilfield service providers. The integrated oilfield products and digital solutions of Baker Hughes help customers efficiently and cost-effectively refine and transport hydrocarbons with low environmental concerns. Moreover, with growing demand for clean energy and the need to curb greenhouse gas emissions, countries around the world are investing in LNG terminals. This has given Baker Hughes the opportunity to expand its reach beyond oilfields in order to capitalize on contracts for manufacturing equipment that is being used in LNG facilities.
American Oil & Gas Drillers Add Rigs for 11 Successive Weeks
by Zacks Equity Research
Baker Hughes Company's (BKR) weekly rig count data reveals that oil and gas drillers in the United States continue to add rigs in shale plays.
American Oil & Gas Drillers Add Rigs for 10 Successive Weeks
by Zacks Equity Research
Baker Hughes Company's (BKR) weekly rig count data reveals that oil and gas drillers in the United States continue to add rigs in shale plays.
Oil & Gas Stocks' Q4 Earnings Roster for Feb 2: XOM, COP, IMO
by Nilanjan Banerjee
The pandemic-induced weakness in energy demand is likely to have hurt XOM, COP, IMO in the fourth quarter of 2020.
Oil & Gas Stock Roundup Headlined by SLB, KMI & BKR's Q4 Earnings
by Nilanjan Choudhury
Energy companies Schlumberger (SLB), Kinder Morgan (KMI) and Baker Hughes (BKR) reported December-quarter earnings.
General Electric (GE) Q4 Earnings Meet Estimates, Sales Beat
by Zacks Equity Research
General Electric's (GE) fourth-quarter 2020 earnings match estimates, but decline year over year due to weak revenues performance, offset by lower costs and expenses.
American Oil & Gas Drillers Add Rigs for 9 Successive Weeks
by Zacks Equity Research
Baker Hughes Company's (BKR) weekly rig count data reveals that oil and gas drillers in the United States continue to add rigs in shale plays.
Schlumberger (SLB) Q4 Earnings & Revenues Beat Estimates
by Zacks Equity Research
Contributions from digital solutions aid Schlumberger's (SLB) Q4 earnings.
Baker Hughes (BKR) Q4 Earnings Lag, Oil Demand to Recover in 2021
by Zacks Equity Research
Despite energy market volatility, Baker Hughes (BKR) generates a positive free cash flow of $250 million in the fourth quarter.
Baker Hughes (BKR) Reports Q4 Loss, Tops Revenue Estimates
by Zacks Equity Research
Baker Hughes (BKR) delivered earnings and revenue surprises of -143.75% and 0.57%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Zacks Industry Outlook Highlights: Schlumberger, Baker Hughes, Halliburton and KLX Energy Services
by Zacks Equity Research
Zacks Industry Outlook Highlights: Schlumberger, Baker Hughes, Halliburton and KLX Energy Services
Should You Buy Baker Hughes (BKR) Ahead of Earnings?
by Zacks Equity Research
Baker Hughes (BKR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
4 Oilfield Services Stocks Countering Industry Headwinds
by Kaibalya Pravo Dey
Multiple vaccine rollouts are likely to drive the global energy market. However, the Zacks Oil and Gas - Field Services industry is still suffering from low upstream spending. KLXE, SLB, BKR & HAL are likely to pull through, and come back stronger.
What's in Store for Oilfield Service in Q4 Earnings?
by Nilanjan Banerjee
Cost-cutting measures and demand recovery for oilfield equipment & services have likely aided companies belonging to the oilfield service space in Q4. SLB, BKR & CLB are yet to report earnings.
American Oil & Gas Drillers Add Rigs for 8 Successive Weeks
by Zacks Equity Research
Oil and gas drillers in the United States are likely to continue adding rigs to shale plays since the pricing environment is gradually improving.
Is a Beat in the Offing for Baker Hughes' (BKR) Q4 Earnings?
by Zacks Equity Research
Increased upstream spending is likely to have boosted Baker Hughes' (BKR) profit levels in the fourth quarter of 2020.
Kinder Morgan (KMI) to Report Q4 Earnings: What's in Store?
by Zacks Equity Research
Kinder Morgan's (KMI) midstream business is likely to have taken a hit from the coronavirus pandemic in the December quarter.
Centennial (CDEV) Up 152.2% in 6 Months: More Room to Run?
by Zacks Equity Research
Centennial (CDEV) has more room for improvement, courtesy of its business prospects and a deepened focus on the most productive Permian Basin.
Schlumberger (SLB) Up 43.9% in 6 Months: More Room for Rally?
by Zacks Equity Research
Schlumberger (SLB) has more room for improvement, courtesy of business prospects and its deepened focus on a more profitable international market.
US Oil & Gas Drillers Add Rigs for 7 Successive Weeks
by Nilanjan Banerjee
Oil and gas drillers in the United States are likely to continue adding rigs to shale plays since the pricing environment is gradually improving.
American Oil & Gas Drillers Add Rigs for 6 Successive Weeks
by Zacks Equity Research
Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually improving.
5 Factors Indicating That Oil is Poised for a Run-Up in 2021
by Nilanjan Choudhury
As a proof of the improving energy environment, refining biggies like Marathon Petroleum (MPC) and Phillips 66 (PSX) experienced sequential increase in utilization during the third quarter.
American Oil & Gas Drillers Add Rigs for 5 Successive Weeks
by Zacks Equity Research
Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually getting better.
Permian Basin Adds Oil Drilling Rigs for 9 Straight Weeks
by Zacks Equity Research
Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually getting better.
The Zacks Analyst Blog Highlights: Pfizer, BioNTech, Occidental Petroleum, Devon Energy, Diamondback Energy, Baker Hughes and Marathon Oil
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Pfizer, BioNTech, Occidental Petroleum, Devon Energy, Diamondback Energy, Baker Hughes and Marathon Oil
Energy Sector Up 21% in Past 3 Months: Will the Rally Last?
by Nilanjan Choudhury
Occidental Petroleum (OXY) is the top performing energy stock within the S&P 500 in the past 3 months with a gain of 108.6% while Devon Energy (DVN) is the next best name on the list, soaring 84.8%.