Research on Baker Hughes Inc. and Halliburton Company - Low Natural Gas Prices Harming Oil & Gas Equipment & Services
April 18 2012 - 8:15AM
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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
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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
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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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