Baker Hughes Co

The EIA expects less natural gas production at four key US shales by January 2017 compared to November 2016. It expects production to rise at three key US shales.

BAM exited its position in Newfield Exploration Co. in 3Q14. It accounted for 1.31% of BAM’s second quarter portfolio. NFX is an energy company.

National Oilwell Varco’s (NOV) capital expenditure or capex fell ~32% in fiscal 2017—compared to its capex spend in fiscal 2016.

Between December 2014 and December 2016, Baker Hughes (BHI) stock hit its peak in April 2015. It troughed at ~$39 in January 2016.

Baker Hughes, a GE Company (BHGE), is the largest company by market capitalization in our select set of major oilfield services and equipment companies.

In the past one year, SLB has performed nearly in line with the industry ETF and has hugely underperformed the broader market index.

Schlumberger Limited is a Houston-based energy company. It provides technology, integrated project management, and information solutions to oil and gas exploration and production (or E&P) companies around the world.

On March 31, 2017, Basic Energy Services’ (BAS) stock price had fallen 6% from December 30, 2016.

On November 16, Weatherford International (WFT), an oilfield equipment and services company, disclosed that it issued 84.5 million ordinary stocks.

In this series, we’ll analyze the top five OFS (oilfield equipment and service) companies by net debt-to-equity ratio in fiscal 2017.

Schlumberger’s yearly price-to-earnings ratio is in line with the group. Haliburton has the lowest price-to-earnings ratio.

On March 24, 92% of the analysts tracking Halliburton rated it as a “buy,” ~5% rated it as a “hold,” and 3% rated it as a “sell.”

Activist hedge fund ValueAct Capital declared a 5.1% stake in Baker Hughes in its 13D filing on January 15, 2015.

Many oilfield equipment and services (or OFS) companies’ cash flows have taken a beating following the energy price weakness in the past two years.

In 4Q16, Halliburton’s total debt fell 19% compared to a year earlier, and its cash and marketable securities fell 60%. In effect, its net debt rose 59% to ~$8.4 billion as of December 30, 2016.

Oilfield equipment and services companies like Baker Hughes (BHI) are affected by rig counts and energy prices. In the past year, West Texas Intermediate crude oil prices have dropped ~16%.

Halliburton (HAL) is trading at a forward EV-to-EBITDA multiple of ~8.1x, which is lower than its five-year average multiple of 10.2x.

Halliburton (HAL) and National Oilwell Varco (NOV) recorded 16% revenue growth in 2018—compared to 2017.

Weatherford International released its 1Q18 earnings results today.

In this article, we’ll look at Wall Street analysts’ forecasts for shares of Baker Hughes, a GE company (BHGE) following its 4Q17 earnings release.

National Oilwell’s valuation, expressed as the TTM PE (price-to-earnings) multiple, isn’t available due to its negative adjusted earnings.

In 2Q17, GWR’s North American revenues were $315.7 million, a 3.6% rise from $304.6 million in the same quarter last year.

On June 12, 92% of the analysts tracking Halliburton rated it as a “buy,” ~3% of the analysts rated it as a “sell,” and the other 5% rated it as a “hold.”

Revenues from Weatherford International’s (WFT) Europe/Sub Saharan Africa/Russia region fell the most with a 36.5% fall from 4Q15 to 4Q16.

In this part of the series, we’ll compare the implied volatilities of the top OFS companies as rated by Wall Street analysts for 1Q17.

In this article, we’ll analyze how Flotek Industries’ (FTK) operating cash flows trended over the past few quarters.

In this article, we’ll compare implied volatility fr the top oilfield services (or OFS) companies, as rated by Wall Street analysts, for 4Q16.

In 4Q16, Baker Hughes’s (BHI) management expects a trade-off between strong North American upstream activity and a weaker international energy environment.

On September 22, Halliburton’s implied volatility was ~28.5%. Since July 20, 2016, its implied volatility rose from ~27% to the current level.

In this part of the series, we’ll take a look at free cash flow for Schlumberger (SLB), Halliburton (HAL), Baker Hughes (BHI), and FMC Technologies (FTI).

In 1Q16, the US rig count declined by 56% over 1Q15. During this period, the international rig count decreased by only 21%.

FMC Technologies’ management believes that the company’s subsea segment could win a number of projects, which could help steady its revenue and income.

By October 30, 2015, the total US rig count fell by 16 crude oil rigs. The number of crude oil rigs has continued to fall in the past nine weeks.

Schlumberger (SLB) provides technology, project management, and information technology services to the oil and natural gas exploration and production industry.

Solera connects insurers and auto service providers. Its software is used by auto insurance companies, auto dealers, collision repair facilities, assessors, auto recyclers, and various other entities.

With relationships with emerging and boutique designers, online retailer Zulily uses proprietary technology to match its customers with vendors. This technology is a major reason why Liberty Interactive is buying Zulily.

Despite recent rises, at 876, the US rig count is still at its lowest level since January 2003. In September 2014, the average rig count came close to the record, reaching 1,931.

The biggest rationale for the ACE–Chubb merger is the potential for cost-cutting. By combining with Chubb, ACE Limited is creating a leading player in property and casualty insurance.

The acquisition bolsters Capgemini’s exposure in the financial verticals—where IGATE is particularly strong—as well as manufacturing, retail, and healthcare.

Halliburton (HAL) is a Texas-based energy company. It’s an oil and gas equipment and service provider. In the past year, Halliburton’s stock price went down ~22%.

George Soros’ Soros Fund Management added a new position in Marathon Petroleum (MPC) that accounts for 0.45% of the fund’s 1Q 2014 portfolio.