HOUSTON, June 1, 2012 /PRNewswire/ -- Baker Hughes (NYSE: BHI) announced today that it has scheduled a conference call on Friday, July 20, 2012, to discuss results for the second quarter 2012, ending June 30, 2012. The call will begin at 8 a.m. EDT. The results are expected to be released on Friday, July 20, 2012, before the market opens. To access the call, please call the conference call operator at [...]
HOUSTON, May 22, 2012 /PRNewswire/ -- Baker Hughes (NYSE: BHI) announced today that its Senior Vice President and Chief Financial Officer Peter Ragauss will present on May 23, 2012, at the UBS Global Oil and Gas Conference in Austin, Texas. The presentation materials will be located on the "Events & Presentations" page at: www.bakerhughes.com/investor. If you would like to listen to the presentation [...]
HOUSTON, May 21, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Lynn L. Elsenhans, former Executive Chairman, President and Chief Executive Officer of Sunoco, Inc., has been appointed to the global oilfield service company's Board of Directors. Ms. Elsenhans will serve on the Audit/Ethics and Governance Committees for Baker Hughes. With her appointment, the board now has 13 directors [...]
HOUSTON, May 11, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Trey Clark will become the global oilfield service company's Vice President of Investor Relations.Clark succeeds Adam B. Anderson who on May 29 will begin serving as Baker Hughes' President, Latin ...
HOUSTON, May 10, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has further extended the expiration date of its offer to exchange up to $750 million aggregate principal amount of its 3.20% Senior Notes due 2021 (the "New Notes") that have been registered under ...
Five Star Equities Provides Stock Research on Baker Hughes and SchlumbergerNEW YORK, NY -- (Marketwire) -- 05/08/12 -- Plummeting Natural gas prices have seen the number of gas rigs in the U.S. fall to new 10 year lows. The Obama administration has recently announced new procedures that would cut the application for on shore drilling permits by nearly 80 percent and could potentially provide a major boost in demand for [...]
HOUSTON, May 7, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for April 2012 was 1,178, down 14 from the 1,192 counted in March 2012, and up 49 from the 1,129 counted in April 2011. The international offshore rig count for ...
HOUSTON, May 3, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has extended the expiration date of its offer to exchange up to $750 million aggregate principal amount of its 3.20% Senior Notes due 2021 (the "New Notes") that have been registered under the ...
HOUSTON, April 26, 2012 /PRNewswire/ -- Baker Hughes
President and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.15 per share of common stock payable May 18, 2012, to holders of record on May 7, 2012.
Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and
HOUSTON, April 24, 2012 /PRNewswire/ -- Baker Hughes Incorporated
announced today net income for the first quarter 2012 of $379 million, or $0.86 per diluted share. This compares to $0.87 per diluted share for the first quarter 2011, and to adjusted net income (a non-GAAP measure) of $1.22 per diluted share and net income of $0.72 per diluted share for the fourth quarter 2011. Please see Table 1 for a reconciliation of [...]
HOUSTON, April 9, 2012 /PRNewswire/ -- Baker Hughes Incorporated
announced today that the international rig count for March 2012 was 1,192, down 12 from the 1,204 counted in February 2012, and up 45 from the 1,147 counted in March 2011. The international offshore rig count for March 2012 was 303, down 17 from the 320 counted in February 2012 and up 8 from the 295 counted in March 2011.
The U.S. government has been under pressure to reduce rising gas prices. As a result the Obama administration has recently announced new procedures to speed up the drilling process for oil and gas companies drilling on public lands. With the faster drilling process implemented companies will be able to start drilling faster and more frequently benefiting companies in the Oil & Gas Equipment and Services Industry. Five [...]
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