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Oil Services Are Setting Up to Do It Again, But There’s a Catch the Strait of Hormuz Trade Can’t Ignore
24/7 Wall St.112d agoneutral
Oil Services Are Setting Up to Do It Again, But There’s a Catch the Strait of Hormuz Trade Can’t Ignore

If you put $10,000 into the VanEck Oil Services ETF (NYSEARCA:OIH) at the closing bell on December 31, 2025, you were sitting on roughly $15,100 five months later. The fund opened the year at $285 and closed June 2 at $430, a 51% year-to-date gain. Over the same window, the SPDR S&P 500 ETF Trust ... Oil Services Are Setting Up to Do It Again, But There’s a Catch the Strait of Hormuz Trade Can’t Ignore

Baker Hughes Announces Contract Extensions with Equinor and Petrobras
Insider Monkey116d agoneutral
Baker Hughes Announces Contract Extensions with Equinor and Petrobras

Baker Hughes Company (NASDAQ:BKR) is included among the 14 Best Oil and Gas Stocks to Buy According to Hedge Funds. Baker Hughes Company (NASDAQ:BKR) is an energy technology company that provides solutions for energy and industrial customers worldwide. Baker Hughes Company (NASDAQ:BKR) announced on May 28 that it had secured two contract extensions with Equinor […]

Assessing Baker Hughes (BKR) Valuation After New Offshore Contracts And Energy Transition Growth Initiatives
Simply Wall St.117d agoneutral
Assessing Baker Hughes (BKR) Valuation After New Offshore Contracts And Energy Transition Growth Initiatives

Baker Hughes (BKR) has been in focus after securing new multi year contract extensions with Petrobras in Brazil’s Santos Basin and Equinor in the North Sea, highlighting its offshore drilling and intervention technology footprint. See our latest analysis for Baker Hughes. These offshore contract wins come after a strong year-to-date share price return of 35.51%. However, the stock has pulled back recently, with the 30 day share price return down 7.16% and shorter term momentum fading, despite...

Odessa American, Texas118d agobearish
Basin rig count up five as prices drop

The rig count in the Permian Basin was up five this week, the latest count Friday by Baker Hughes shows, with 255 rigs active in the region. A year ago, 278 rigs were active in the region. Nationally, the oil and gas rig count is up four from last week at 562 rigs. A year ago, 563 rigs were active. The count shows that 429 rigs sought oil, up four from the previous week, and 125 explored for ...

This Oilfield-Services Stock Is Just Getting Started
Barrons.com119d agoneutral
This Oilfield-Services Stock Is Just Getting Started

It took conflict in the Middle East for the market to start paying attention to the energy sector again. The Houston-based company, formerly known as Schlumberger, has an $87 billion market capitalization and is the world’s largest oilfield-services provider, with operations in 120 countries. The rise in oil prices, from about $55 a barrel in early January to a recent price above $90, certainly helps SLB’s case.

Baker Hughes CEO: Data Centers, LNG Fuel Shift Beyond Oilfield Services
MarketBeat120d agoneutral
Baker Hughes CEO: Data Centers, LNG Fuel Shift Beyond Oilfield Services

Baker Hughes (NASDAQ:BKR) Chairman and Chief Executive Officer Lorenzo Simonelli said the company has become “very different” from the traditional oilfield services business it was a decade ago, emphasizing a broader strategy focused on industrial energy solutions, natural gas, power generation and

StockStory120d agoneutral
Why Baker Hughes (BKR) Stock Is Nosediving

Shares of energy technology company Baker Hughes (NASDAQ:BKR) fell 5.5% in the morning session after WTI crude oil plunged on Iran-US peace deal progress and renewed hopes for reopening the Strait of Hormuz.

StockStory120d agoneutral
Why SLB (SLB) Stock Is Trading Lower Today

Shares of oilfield services provider SLB (NYSE:SLB) fell 3.4% in the morning session after WTI crude oil plunged on Iran-US peace deal progress and renewed hopes for reopening the Strait of Hormuz.

StockStory120d agobearish
Why Halliburton (HAL) Stock Is Falling Today

Shares of oilfield services company Halliburton (NYSE:HAL) fell 3.8% in the morning session after WTI crude oil plunged on Iran-US peace deal progress and renewed hopes for reopening the Strait of Hormuz.

StockStory120d agoneutral
Helix Energy Solutions and TechnipFMC Shares Plummet, What You Need To Know

A number of stocks fell in the morning session after WTI crude oil plunged on Iran-US peace deal progress and renewed hopes for reopening the Strait of Hormuz. Oilfield services companies (Schlumberger (SLB), Halliburton (HAL), Baker Hughes (BKR), TechnipFMC, and the offshore drillers) get paid only when oil producers spend money drilling new wells.

Stocks Mixed Awaiting Fresh Iran News
Barchart120d agoneutral
Stocks Mixed Awaiting Fresh Iran News

The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.44%. June E-mini S&P futures (ESM26 ) are down -0.07%, and June E-mini Nasdaq futures...