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The Latest Breaking News from Baker Hughes

Nat-Gas Prices Recover as Active U.S. Nat-Gas Rigs Decline

September Nymex natural gas (NGU23 ) on Friday closed +0.007 (+0.25%). Nat-gas prices Friday recovered from early losses and closed slightly higher. Short-covering emerged in nat-gas futures Friday afternoon after the weekly report from Baker Hughes showed active U.S. nat gas rigs fell to a 1-1/2 year low. Nat-gas also...

Crude Prices Settle Higher on Tight Global Supplies

Crude Prices Settle Higher on Tight Global Supplies

September WTI crude oil (CLU23 ) on Friday closed up +1.27 (+1.56%), and Sep RBOB gasoline (RBU23 ) closed up +1.84 (+0.67%). Crude oil and gasoline prices Friday closed moderately higher, with crude posting a 3-1/2 month high. A weaker dollar Friday was bullish for energy prices. Also, the outlook...

These Signs Point To SLB Stock Fueling A Breakout

These Signs Point To SLB Stock Fueling A Breakout

As oil and gas services peers Haliburton and Baker Hughes show strength, SLB stock fuels signs of a breakout.

Investors Business Daily

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Crude Prices Jump on Tightness in Global Supplies

September WTI crude oil (CLU23) on Friday closed up +1.42 (+1.88%), and Sep RBOB gasoline (RBU23) closed up +6.00 (+2.22%). Crude oil and gasoline prices Friday settled moderately higher, with gasoline posting a 3-month nearest-futures high. Crude prices are underpinned by the outlook for tighter crude supplies after news this...

Baker Hughes Stock Upgraded; Sees Composite Rating Climb To 99

Baker Hughes saw an improvement in its IBD SmartSelect Composite Rating Friday, from 91 to 99.

Investors Business Daily

Dow Jones Rises: Highly Shorted Carvana Surges On Guidance, Debt Deal; Tesla, Netflix Earnings Due

The major indexes set fresh 52-week highs as earnings roll in. Carvana spiked on results and a debt restructuring. Tesla and Netflix earnings are on tap.

Investors Business Daily

Top US firms supplied equipment to keep Russian oil flowing after Ukraine invasion

America's top oilfield services companies sold millions of dollars in vital oil equipment to Russia after the invasion of Ukraine

The Independent UK

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Crude Rallies on Dollar Weakness and Lower Global Crude Production

Crude Rallies on Dollar Weakness and Lower Global Crude Production

August WTI crude oil (CLQ23 ) on Friday closed up +2.06 (+2.87%), and Aug RBOB gasoline (RBQ23 ) closed up +4.55 (+1.79%). Crude oil and gasoline prices Friday settled moderately higher, with crude climbing to a 1-month high. A fall in the dollar index (DXY00 ) Friday to a 2-week...

Baker Hughes Stock Outperforms, RS Rating Jumps To 82

Baker Hughes Stock Outperforms, RS Rating Jumps To 82

Baker Hughes shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 82.

Investors Business Daily

Crude Prices Extend Gains as Active U.S. Oil Rigs Fall

Crude Prices Extend Gains as Active U.S. Oil Rigs Fall

July WTI crude oil (CLN23 ) on Friday closed up +1.16 (+1.64%), and July RBOB gasoline (RBN23 ) closed up +3.88 (+1.47%). Crude oil and gasoline prices Friday moved higher the entire day, with crude posting a 1-week high and gasoline posting a 2-week high. Crude prices rose Friday on...

What's the Better Buy: DocuSign (DOCU) or C3.Ai, Inc. (AI)?

What's the Better Buy: DocuSign (DOCU) or C3.Ai, Inc. (AI)?

Software-as-a-Service (SaaS) has been replacing traditional software at a fast pace. Let’s compare SaaS stocks DocuSign (DOCU) or C3.Ai (AI) to find out which is better positioned to capitalize on the industry’s solid growth prospects….

Crude Prices Fall Back as They Follow Stock Prices Lower

Crude Prices Fall Back as They Follow Stock Prices Lower

June WTI crude oil (CLM23 ) on Friday closed down -0.31 (-0.43%), and June RBOB gasoline (RBM23 ) closed up +0.78 (+0.30%). Crude oil and gasoline prices Friday gave up an early advance and settled mixed. A risk-off sentiment weighed on crude prices Friday after stocks retreated from an early...

8 Stocks Wowed With 50% Profit Growth — Analysts Expect A Repeat

8 Stocks Wowed With 50% Profit Growth — Analysts Expect A Repeat

Missed owning shares of S&P 500 companies that posted massive profit growth in the first quarter? Fear not: Analysts think some of them will do it again in this quarter.

Investors Business Daily

Nat-Gas Prices Climb on Reduced North American Gas Output

Nat-Gas Prices Climb on Reduced North American Gas Output

June Nymex natural gas (NGM23 ) on Monday closed up +0.109 (+4.81%). Jun nat-gas Monday climbed to a 2-week high and closed sharply higher. Nat-gas prices have carryover support from last Friday on signs of reduced future U.S. nat-has production when Baker Hughes reported that the number of active U.S....

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Crude Prices Climb on Outlook for Stronger U.S. Fuel Demand this Memorial Day

June WTI crude oil (CLM23 ) this morning is up +1.10 (+1.57%), and June RBOB gasoline (RBM23 ) is up +1.08 (+0.44%). June Nymex natural gas (NGM23 ) is up +0.109 (+4.81%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar today is giving energy prices...

Nat-Gas Prices Jump as Active U.S. Nat-Gas Rigs Plunge

June Nymex natural gas (NGM23 ) on Friday closed up +0.076 (+3.47%). Jun nat-gas prices Friday jumped to a 1-1/2 week high and closed sharply higher. Above-normal U.S. temperatures have increased demand from electricity providers to power air-conditioning. According to BNEF data, gas demand for power generation is at the...

Meet the 25 most future-forward corporate boards in 2023

Fortune’s second annual Modern Board 25 ranking identifies the highest-performing and purpose-driven corporate boards.

Investors Business Daily

BP, Energy Stocks Sink, As Oil Prices Dive To $72 On Recession Concerns

Energy stocks sank Tuesday as U.S. crude futures tumbled amid interest rate hike concerns, adding to the murky 2023 outlook for oil prices.

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Investors Business Daily

Popular AI Stock Plunges On Downgrade; Why Its Astronomical Run Is At Risk

An analyst downgraded popular artificial intelligence company C3.ai on Monday, citing growth concerns that could weigh on the company's shares.

Investors Business Daily

Stock Market Rally Drifts Lower; Tesla Dives On Margins; ISRG, DHI, LVS Are Winners: Weekly Review

The major indexes saw modest declines, holding in a range. Tesla sold off as gross margins plunged. ISRG and DHI were earnings winners.

Investors Business Daily

Halliburton Beats Q1 Earnings Views; Customers 'Clearly Motivated' To Increase Production

Halliburton reported above-forecast Q1 financials Tuesday, buoyed by global increases in drilling activity.

The Guardian - US

Revealed: how world’s biggest fossil fuel firms ‘profited in Myanmar after coup’

Leaked tax records suggest subsidiaries of international gas field contractors continued to make millions after the coup

The National (Scotland)

Scottish taxpayers 'risk funding Russian war' with state help to firms, Greens say

SCOTLAND is risking funding Russia’s invasion of Ukraine with taxpayer cash, an MSP has warned.

Investors Business Daily

Baker Hughes Stock Teases Buy Point On 2023 Oil Optimism, Despite Q4 Miss

Baker Hughes edged lower Monday as oil field service industry stocks are in the midst of a rally.

Investors Business Daily

SLB Stock Drops On Strong Earnings, Bullish 2023 Outlook For Oil And Gas

SLB topped Q4 estimates and the oilfield service giant is optimistic about energy demand in 2023.

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