All Posts Tagged With: "NE"

(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

(HP) Helmerich & Payne Earnings Scorecard

Contract drilling services provider Helmerich & Payne Inc. (HP) reported robust third quarter fiscal 2011 results on July 29 with both revenue and earnings per share (EPS) exceeding the Zacks Consensus Estimates. Second Quarter Recap The quarter’s earnings of $1.00 per... 

15Aug2011 | | 0 comments | Continued

(RIG) Transocean Misses Earnings Forecast – Backlog Weak

Offshore drilling giant Transocean Ltd. (RIG) reported bleak second quarter 2011 results, hurt by the decline in utilization rates, lower backlog and higher operating costs. Earnings per share, excluding expenses associated with the Macondo well incident, tax charges and loss... 

5Aug2011 | | 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

(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

(HP) Helmerich & Payne Secures Rig Deal

Global contract drilling company Helmerich & Payne Inc. (HP) signed a deal to manufacture and operate 12 additional FlexRigs. Eight exploration and production companies, names of which were not disclosed, contracted Helmerich & Payne for the construction job. Although... 

6Jul2011 | | 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

(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

(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

(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

(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

(BHI) U.S. Oilfield 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... 

18May2011 | | 0 comments | Continued

(BHI) U.S. Drilling Rig Use Rises by 18 Units

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. Interestingly, for the third week... 

10May2011 | | 0 comments | Continued