Baker Hughes (NYSE:BHI)
Historical Stock Chart
5 Years : From May 2011 to May 2016
www.stockcall.com/ offers investors comprehensive research on the Oil & Gas Equipment & Services industry and has completed analytical research on Baker Hughes Inc. (NYSE: BHI) and Halliburton Company (NYSE: HAL). Register with us today at www.stockcall.com/ to have free access to this research.
A report from the U.S. Energy Department showed another jump in natural gas supplies, as warm weather and high levels of production added to the already bloated supply. Spot prices responded accordingly, falling to a level not seen in over two and a half years. Low prices have led to a decline in the number of natural gas rigs operating, which recently hit a ten-year low. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the Oil & Gas Equipment & Services industry.
www.stockcall.com/ is an online platform where investors doing their due-diligence on the Oil & Gas Equipment & Services industry can have easy and free access to our analyst research and opinions on Baker Hughes Inc. and Halliburton Company; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html.
According to Baker Hughes Inc., rig counts in the U.S. as well as globally were down in March when compared sequentially. This does not bode well for companies such as Halliburton Company as well as Baker Hughes, which supply the oil and gas industry with equipment and services. Investors can register for free to access the research reports on Baker Hughes Inc. and Halliburton Company at www.stockcall.com/BHI180412.pdf or www.stockcall.com/HAL180412.pdf.
While March rig counts did decline when compared to February, they did increase when compared to the same period last year. The high price of oil is also working in favor of equipment and services companies, as the number of oil rigs has been increasing. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.
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William T. Knight