All Posts Tagged With: "BJS"
(BHI) BJ Services Launches Ethylene Pipeline in Qatar
Ahead of the expected closure of the merger between Baker Hughes Inc. (BHI) and BJ Services Company (BJS), the latter is quite active on...
(SLB) Schlumberger-Smith International Merger Faces Longer Review
Schlumberger Ltd. (SLB) on Monday said that the Antitrust Division of the United States Department of Justice has requested for additional information related to the proposed merger with Smith International...
(BHI) Baker Hughes and BJ Services Shareholders Approve Merger
Shareholders of Baker Hughes Inc. (BHI) and BJ Services Company (BJS) approved the proposed merger between the two companies. Both the companies...
(BJS) BJ Services Company Reports Loss Against Expected Profit
BJ Services Company (BJS) reported its fiscal first quarter (ended December 31, 2009) loss of 3 cents per share, compared to the Zacks Consensus Estimate of a profit of 5 cents and year-earlier quarter earnings...
(XTO) Natural Gas Prices Up on Huge EIA Drawdown
The federal government’s Energy Information Administration (EIA) reported a bigger-than-expected decline in natural gas supplies. Stockpiles held in underground storage in the lower 48 states fell by 64 billion cubic feet (Bcf) for the week ended December 4. The large inventory...
(XTO) Natural Gas Stockpiles Up Slightly
Last week, the federal government’s Energy Information Administration [EIA] reported a lower-than-expected rise in natural gas supplies. Stockpiles held in underground storage in the lower 48 states rose by 2 billion cubic feet (Bcf) for the week ended November 20.
This...
(BHI) Baker Hughes Misses Earnings Estimates
Baker Hughes Inc. (BHI) reported its third quarter results of 26 cents per share, well below the Zacks Consensus Estimate of 36 cents and year-earlier quarter earnings of $1.39. Before adjusting one-time items,...
(XTO) Natural Gas Storage at New All-Time High
Last Thursday, we received a mildly bearish report from the federal government’s Energy Information Administration [EIA], showing a higher-than-expected rise in natural gas supplies. Stockpiles held in underground storage in the lower 48 states rose by 58 billion cubic feet...
(BHI) Baker Hughes Incorporated-BJ Services Company: More Info Sought
Earlier today, Baker Hughes Incorporated (BHI) and BJ Services Company (BJS) received a request from the Antitrust Division of the Department of Justice for additional information (commonly known as a second request) regarding their proposed...
(XTO) Natural Gas Storage Hits New High
In its weekly release yesterday, the Energy Information Administration [EIA] reported a bigger-than-expected 69 billion cubic feet (Bcf) addition to natural gas stockpiles for the week ended October 2.
This takes the current storage level to a new record high of 3.66...
(XTO) Natural Gas Inventory Builds at Slower Pace
Yesterday, we received a mildly positive report from the federal government’s Energy Information Administration (EIA), showing a less-than-expected rise in natural gas supplies. Stockpiles held in underground storage in the lower 48 states rose by 66 billion cubic feet (Bcf)...
(XTO) Natural Gas Inventories Rise Less Than Expected
In its weekly release yesterday, the Energy Information Administration (EIA) reported a less-than-expected 69 billion cubic feet (Bcf) weekly addition to natural gas stockpiles for the week ended September 4.
This takes the current storage level to 3.39 trillion cubic...
($XTO) Natural Gas Stockpiles Expand
Yesterday, in its weekly release, the federal government’s Energy Information Administration (EIA) reported another rise in natural gas supplies. Stockpiles held in underground storage in the lower 48 states rose by 65 billion cubic feet (Bcf) for the week ended August 28.
This...
(BHI) Baker Hughes to Buy BJ Services
Earlier today, Baker Hughes, Inc. (BHI) and BJ Services (BJS) announced a definitive agreement for a stock and cash merger, which represents a transaction value of $5.5 billion for BJ Services based on closing stock prices on August 28, 2009....
($XTO) EIA-Reported Supply Glut Pressuring Natural Gas
In its weekly release yesterday, the Energy Information Administration (EIA) reported a bigger-than-expected 54 billion cubic feet (Bcf) weekly addition to natural gas stockpiles for the week ended August 21. This takes the current storage level to 3.26 trillion cubic feet...
(XTO) Natural Gas Continues to Build
Yesterday, in its weekly report, the Energy Information Administration (EIA) said that natural gas inventories for the latest week came towards the lower end of expectations. Stockpiles held in underground storage in the lower 48 states rose by 52 billion cubic feet (Bcf)...
(XOM) Oil & Gas Industry – Industry Outlook
While downside risks remain, the overall outlook for the oil sector has improved in recent days, owing largely to the tentative signs of a supply response to anemic global demand. With demand falling sharply due to worldwide economic problems, inventories started building...