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Baker Hughes Inc (BHI.N)

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29 Jun 2016
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Fri, Jun 17 2016

CORRECTED-U.S. oil drillers add rigs for third week in a row -Baker Hughes

(Corrects to '11-month high' in the first paragraph) June 17 U.S. drillers this week added oil rigs for a third week in a row for the first time since August, according to a closely followed report on Friday, as producers seek more drilling permits after crude prices hit an 11-month high over $51 a barrel last week. Despite a decline in U.S. crude futures to one-month lows to under $47 this week, analysts and producers have said oil over $50 was a key level that would trig

U.S. oil drillers add rigs for third week in a row: Baker Hughes

U.S. drillers this week added oil rigs for a third week in a row for the first time since August, according to a closely followed report on Friday, as producers seek more drilling permits after crude prices hit an 11-week high over $51 a barrel last week.

U.S. oil drillers add rigs for second week in a row: Baker Hughes

U.S. energy firms this week added rigs drilling for oil for a second week in a row for the first time since August, energy services firm Baker Hughes Inc said on Friday, after crude prices this week rallied to an 11-month high over $51 a barrel.

UPDATE 1-U.S. oil drillers add rigs for 2nd week in a row -Baker Hughes

(Adds Bakken rig additions in paragraph 4) June 10 U.S. energy firms this week added rigs drilling for oil for a second week in a row for the first time since August, energy services firm Baker Hughes Inc said on Friday, after crude prices this week rallied to an 11-month high over $51 a barrel. Analysts and producers have said U.S. crude prices over $50 would trigger a return to the well pad after a near two-year slump in drilling. Drillers added three oil rigs in t

U.S. oil drillers add rigs for 2nd week in a row -Baker Hughes

June 10 U.S. energy firms this week added rigs drilling for oil for a second week in a row for the first time since August, energy services firm Baker Hughes Inc said on Friday, after crude prices this week rallied to an 11-month high over $51 a barrel. Analysts and producers have said U.S. crude prices over $50 would trigger a return to the well pad after a near two-year slump in drilling. Drillers added three oil rigs in the week to June 10, bringing the total rig count u

BRIEF-Baker Hughes announces pricing terms of tender offer

* Pricing terms of its cash tender offer for up to $1 billion combined aggregate principal amount of its senior notes

BRIEF-Baker Hughes announces early results of tender offer for certain outstanding debt securities

* Approximately $1.095 billion in combined aggregate principal amount of notes was validly tendered and not validly withdrawn

BRIEF-Baker Hughes announces May 2016 rig counts

* Average u.s. Rig count for may 2016 was 408, down 29 from 437 counted in April 2016

BRIEF-Moody's downgrades Baker Hughes to Baa1

* Stable outlook reflects expectation that ebitda will improve through cost cutting measures leading to lower leverage

Moody's downgrades Halliburton and Baker Hughes

June 3 Ratings agency Moody's downgraded oilfield service providers Halliburton Co and Baker Hughes Inc, about a month after a deal between the two companies was torpedoed by opposition from U.S. and European antitrust regulators.

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