All Posts Tagged With: "RIG"
(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 | vitalstocks | 0 comments | Continued(XLE) Stock Market News for January 9, 2012 – Market News
The fact that the US unemployment rate has dropped to its lowest level since February 2009 failed to spark a rally on Friday. European concerns weighed on sentiment to drag the benchmarks marginally lower. However, the first week of 2012 ended on a positive note amidst a slew...
9Jan2012 | vitalstocks | 0 comments | Continued(AA) Company News for January 9, 2012 – Corporate Summary
• After RF Micro Devices Inc. (NASDAQ:RFMD) suggested that its fiscal third quarter revenues might fail to meet analyst’ estimates, its shares declined 19.5% on Friday • Following Transocean Ltd.’s (NYSE:RIG) announcement that its chief financial officer Ricardo...
9Jan2012 | vitalstocks | 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 | vitalstocks | 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 | vitalstocks | 0 comments | Continued(RIG) Transocean Tanks on Offering Notice
Offshore drilling giant Transocean Ltd. (RIG) priced a public offering of 26 million shares at $40.50 a piece, with a 30-day over-allotment option for an additional 3.9 million shares. The Zug, Switzerland-based owner of the world’s largest offshore rig fleet plans to use...
30Nov2011 | vitalstocks | 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 | vitalstocks | 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 | vitalstocks | 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 | vitalstocks | 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 | vitalstocks | 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 | vitalstocks | 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 | vitalstocks | 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 | vitalstocks | 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 | vitalstocks | 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 | vitalstocks | 0 comments | Continued(BAC) Stock Market News for August 23, 2011 – Market News
Markets lacked the conviction to bet big leading to a flat finish for the benchmarks on Monday. A choppy day of trading was initially spurred by hopes that the Fed chairman would announce another asset-buying plan on Friday, but lingering concerns about the domestic and global...
23Aug2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for August 16, 2011 – Market News
In what is being termed as the return of “Merger Monday”, an acquisition spree gave a boost to markets which posted its longest rally since early July. Additionally, positive economic news from Japan also brought joy to the markets and helped the Dow record its best three-day...
16Aug2011 | vitalstocks | 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 | vitalstocks | 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 | vitalstocks | 0 comments | Continued(AA) Stock Market News for August 5, 2011 – Market News
The specter of another recession haunted investors and dealt a body blow to the markets which crashed to their worst day since the economic crisis of 2008. On Wednesday, just when the Dow looked like ending its longest losing streak of nine days since Jimmy Carter held office,...
5Aug2011 | vitalstocks | 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 | vitalstocks | 0 comments | Continued(E) Eni SpA Commences Appaloosa Oil Flow
Italian oil major Eni SpA (E) announced the start-up of oil production from the Appaloosa field in the deepwaters of the U.S. Gulf of Mexico (GoM). This follows the Nikaitchuq field start-up in Alaska earlier this year and strengthens Eni’s hold as a producer in the GoM. The...
11Jul2011 | vitalstocks | 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 | vitalstocks | 0 comments | Continued(AXP) Stock Market News for June 30, 2011 – Market News
On Wednesday, markets enjoyed their best three-day winning streak in three months as investor sentiment was boosted by news that the Greek austerity plan had been approved by the nation’s lawmakers. This would not only enable Greece avoid a debt default but would also help...
30Jun2011 | vitalstocks | 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 | vitalstocks | 0 comments | Continued(RIG) Transocean: Blame it on BP!
In an internal investigation report, drilling contractor Transocean Ltd (RIG) – the owner and operator of Deepwater Horizon oil rig at the heart of the Gulf of Mexico (GoM) disaster – has accused British energy giant BP plc (BP) of decisions that led to the biggest environmental...
23Jun2011 | vitalstocks | 0 comments | Continued(BP) BP Plc Secures $75 Million from Weatherford International
BP Plc (BP “> ) has rea ched an agreement with an affiliate of Weatherford International Ltd. (WFT) that settles all claims between the companies related to last year’s Macondo oil spill in the Gulf of Mexico (GoM). Per the deal, BP will indemnify Weatherford against...
21Jun2011 | vitalstocks | 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 | vitalstocks | 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 | vitalstocks | 0 comments | Continued(XLE) Stock Market News for June 13, 2011 – Market News
On Friday, the benchmarks ended in the negative zone on fears of a slowing global economic recovery and markets recorded their sixth-straight week of losses. Showing signs of weakness, the Dow dropped below the 12,000 level for the first time since mid-March, all 10 industry...
13Jun2011 | vitalstocks | 0 comments | Continued