HOUSTON, Oct. 7, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for September 2015 was 1,140, up 3 from the 1,137 counted in August 2015, and down 183 from the 1,323 counted in September 2014. The international offshore rig count for September 2015 was 268, down 2 from the 270 counted in August 2015, and down 65 from the 333 counted in September 2014. The average U.S [...]
CORAL SPRINGS, Florida, September 30, 2015 /PRNewswire/ -- Alternative fuels production offers huge opportunities with diversification ranging from waste-to gas, coal-to-ethanol and natural/industrial gas innovations for the Chemical Production & Diversified Integrated Oil & Gas sector. Basic Material Companies in focus today are: MagneGas® Corporation (NASDAQ: MNGA), Praxair, Inc. (NYSE: PX), Resolute Energy [...]
Halliburton Company (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI) today announced that the companies will market for sale additional businesses in connection with Halliburton’s pending acquisition of Baker Hughes. Pursuant to the Merger Agreement, and in order to permit completion of Halliburton’s acquisition of Baker Hughes, the following additional businesses are intended to be divested: Halliburton’s [...]
HOUSTON, Sept. 8, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for August 2015 was 1,137, up 19 from the 1,118 counted in July 2015, and down 202 from the 1,339 counted in August 2014. The international offshore rig count for August 2015 was 270, up 6 from the 264 counted in July 2015, and down 45 from the 315 counted in August 2014. The average U.S. rig count for [...]
HOUSTON, Sept. 1, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that it has scheduled to issue a news release detailing operational performance and earnings for the third quarter of 2015 before the market opens on Wednesday, October 21, 2015. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 49,000 [...]
HOUSTON, TX--(Marketwired - Aug 17, 2015) - Era Group Inc. (NYSE: ERA), a leading helicopter transport operator based in the United States, today announced that Andrew Puhala has been appointed to the position of Senior Vice President, Chief Financial Officer, effective September 14, 2015. Mr. Puhala (45) has an extensive background in senior financial leadership positions in the energy industry, most recently as Senior [...]
HOUSTON, Aug. 7, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for July 2015 was 1,118, down 28 from the 1,146 counted in June 2015, and down 264 from the 1,382 counted in July 2014. The international offshore rig count for July 2015 was 264, down 13 from the 277 counted in June 2015, and down 72 from the 336 counted in July 2014. The average U.S. rig count for July [...]
HOUSTON, July 23, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) Chairman and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable September 23, 2015 to holders of record on September 2, 2015. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to [...]
- Revenue of $4 billion for the quarter, down 33% year-over-year - GAAP net loss per diluted share of $0.43 for the quarter, includes adjusting items of $0.29 per diluted share - Free cash flow for the quarter of $413 million, increased $341 million year-over-year HOUSTON, July 21, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today results for the second quarter of 2015. Martin Craighead, Baker Hughes [...]
Halliburton Company (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI) today announced that they have entered into a timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) pursuant to which both companies have agreed to extend the period for the DOJ’s review of Halliburton’s previously announced acquisition of Baker Hughes to the later of November 25, 2015 or 90 days after both [...]
HOUSTON, July 8, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for June 2015 was 1,146, down 12 from the 1,158 counted in May 2015, and down 198 from the 1,344 counted in June 2014. The international offshore rig count for June 2015 was 277, down 7 from the 284 counted in May 2015, and down 43 from the 320 counted in June 2014. The average U.S. rig count for June 2015 [...]
HOUSTON, June 5, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for May 2015 was 1,158, down 44 from the 1,202 counted in April 2015, and down 192 from the 1,350 counted in May 2014. The international offshore rig count for May 2015 was 284, down 16 from the 300 counted in April 2015, and down 42 from the 326 counted in May 2014. The average U.S. rig count for May 2015 [...]