All Posts Tagged With: "DO"

(BHI) U.S. Oil Drilling Rig Count Remains in Check

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported an unchanged U.S. rig count (number of rigs searching for oil and gas in the country), as an increase in the number of oil and miscellaneous rigs was offset by a fall in the gas rig... 

1Feb2012 | | 0 comments | Continued

(BHI) U.S. Oil Drilling Rig Count Stumbles

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of natural gas-directed rigs, partially... 

27Dec2011 | | 0 comments | Continued

(BHI) U.S. Oil Drilling Rig Count Heads Further Down

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of land rigs, partially offset by... 

5Dec2011 | | 0 comments | Continued

(BHI) U.S. Oil Drilling Rig Count Edges Lower

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of land rigs, partially... 

29Nov2011 | | 0 comments | Continued

(RIG) Transocean Misses Earnings Targets – Profit Tumbles

Offshore drilling giant Transocean Ltd. (RIG) reported weak third quarter 2011 results, hurt by the decline in utilization rates and high operating costs even as rig rates rose. Earnings per share, excluding expenses associated with the Macondo well incident, gains from asset... 

7Nov2011 | | 0 comments | Continued

(AAPL) A Busy Week Ahead – Earnings Preview

Earnings Preview 10/14/11 While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&P 500. Thus, by the end of the week we will have a very... 

17Oct2011 | | 0 comments | Continued

(BHI) U.S. Gains Six Oil-Drilling Rigs Over the Week

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country) to its highest level since November 7, 2008. This can be primarily attributed to an increase... 

27Sep2011 | | 0 comments | Continued

(RIG) Transocean Update Shows Higher Dayrates

Offshore drilling giant Transocean Ltd. (RIG) recently issued a monthly ‘Fleet Update Summary’ covering the company’s drilling rig status and contract information. As per the report, Transocean secured additional work for four of its mid-water rigs, with three of them getting... 

23Sep2011 | | 0 comments | Continued

(DO) Diamond Offshore Drilling Analyst Maintains Shares at Neutral

We have maintained our Neutral recommendation for Diamond Offshore Drilling Inc. (DO) given its solid fundamentals and financial disciplines, partially mitigated by stringent regulations as well as the lingering effects of the Gulf of Mexico (GoM) drill ban and related U.S. policies. Texas-based... 

21Sep2011 | | 0 comments | Continued

(BHI) U.S. Drilling Rig Count at 34-Month High

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country) to its highest level since November 7, 2008. This can be primarily attributed to an increase... 

21Sep2011 | | 0 comments | Continued

(BHI) U.S. Loses 10 Oil Rigs over the Week

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of land rigs. The Baker Hughes rig... 

16Sep2011 | | 0 comments | Continued

(BHI) U.S. Drilling Rig Count Up by 1 Unit

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of land rigs searching... 

12Sep2011 | | 0 comments | Continued

(BHI) U.S. Oil Drilling Rig Use Falls by Seven Units

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of land rigs. The Baker Hughes rig... 

8Sep2011 | | 0 comments | Continued

(BHI) U.S. Natural Gas Drilling Rig Count Hits 900

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of land rigs. The Baker Hughes... 

23Aug2011 | | 0 comments | Continued

(BHI) U.S. Drilling Rig Count Up by a Unit

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of land rigs. The Baker... 

5Aug2011 | | 0 comments | Continued

(XRX) Xerox Exceeds Estimates in Second Quarter Earnings Report

Xerox Corporation (XRX) reported a net income of $319 million or 22 cents per share in the second quarter of 2011 compared with $227 million or 16 cents per share in the year-ago quarter. Reported earnings in the quarter included charges of $54 million or 4 cents per share related... 

4Aug2011 | | 0 comments | Continued

(BHI) U.S. Oil Drilling Rig Count Goes Past 1900

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of land rigs. The Baker Hughes... 

20Jul2011 | | 0 comments | Continued

(AAPL) 2011 Second Quarter Earnings Preview – Detailed

Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&P 500. By next Friday we should have a very good handle on how the overall... 

18Jul2011 | | 0 comments | Continued

(BHI) U.S. Oil Drilling Pushes Rig Count Up

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of oil rigs. The Baker Hughes rig... 

6Jul2011 | | 0 comments | Continued

(STO) Statoil Strikes Oil Near Oseberg

Norway’s Statoil ASA (STO) has discovered oil and condensate in the North Sea’s Krafla West prospect. Situated around 26 kilometers south-west of the producing Oseberg South find, the discovery well encountered hydrocarbons in two columns with a total thickness of 300 meters. Initial... 

30Jun2011 | | 0 comments | Continued

(BHI) U.S. Oil Drilling Rig Count Tops 1000

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of oil rigs. The Baker Hughes rig... 

28Jun2011 | | 0 comments | Continued

(DRQ) Dril-Quip Receives $39 Million Order

A wholly-owned subsidiary of Dril-Quip, Inc. (DRQ) has earned a contract worth approximately $39 million from Murphy Sabah Oil Company, Ltd. Under the term of the contract, Dril-Quip’s subsidiary, Dril-Quip Asia Pacific PTE Ltd. will deliver drilling and production equipment... 

24Jun2011 | | 0 comments | Continued

(BHI) U.S. Oil Drilling Rig Count Goes Up

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of oil rigs, somewhat offset by... 

20Jun2011 | | 0 comments | Continued

(L) Loews Analyst Maintains Neutral on Shares

We are retaining our Neutral rating on Loews Corporation (L), as the company’s performance was weighed down by Lower earnings at Diamond Offshore reflecting reduced day rates and utilization coupled with slightly lower earnings at CNA Financial Corporation. Loews Corporation... 

16Jun2011 | | 0 comments | Continued

(BHI) U.S. Oil Drilling Rig Count Edges Higher

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of oil rigs, almost offset... 

14Jun2011 | | 0 comments | Continued

(BP) World, U.S. Oil Production Rises in 2010

World oil production rebounded by 2.2% in 2010 to reach 82.095 million barrels per day (B/D), up from 80.278 million B/D in 2009, but virtually unchanged from 2008 levels. World oil consumption, though, increased by 3.1% to hit 87.382 million B/D. Due to the inclusion of non-oil... 

9Jun2011 | | 0 comments | Continued

(BHI) U.S. Drilling Rig Count Moves Up to 1854

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting an increase in the tally of land rigs. In particular, there were more rigs... 

7Jun2011 | | 0 comments | Continued

(BHI) Baker Hughes Reports Rig Increase – 1847 Domestic Rigs at Work

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting an increase in the tally of land rigs. In particular, there were more rigs... 

4Jun2011 | | 0 comments | Continued

(BHI) U.S. Oil Drilling Rig Count Holds Steady at 1830

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported an unchanged U.S. rig count (number of rigs searching for oil and gas in the country), as an increase in the number of oil rigs was offset by a fall in the natural gas rig count. Interestingly, ... 

25May2011 | | 0 comments | Continued

(BHI) U.S. Drilling Activity Slips

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting a decrease in the tally of land rigs. Interestingly, for the fourth week... 

23May2011 | | 0 comments | Continued