Baker Hughes

As mentioned on Benzinga on Wednesday, legendary investor Jim Rogers stated that he sees the troubled Asian nation of Myanmar, also known as Burma, as possibly the best investing opportunity in the world. "I see enormous opportunities there because they're now opening up," Rogers said to OilPrice....

Schlumberger NV (NYSE: SLB), a global oilfield services company that has seen year-over-year revenue growth in the double digits for the past four quarters, is scheduled to report second-quarter 2012 results Friday, July 20, before the U.S. markets open. Expectations The Street is expecting that...

Halloween and the Day of the Dead arrive this week. If analysts' forecasts are correct, there are only a few earnings reports that may scare investors. For instance, Alpha Natural Resources (NYSE: ANR) earnings are predicted to have fallen 93.1% year over year to $0.58 per share. Allstate (NYSE:...

Bank of America has published a report on Baker Hughes (NYSE: BHI) raising the price target from $91 to $98. In the report, Bank of America wrote, "We maintain our Buy rating as we forecast BHI to exceed its 4Q11 int'l margin target of 15% and narrow the North American margin gap to the peers. Int...

The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...

J.P. Morgan is out with its report today on Baker Hughes (NYSE: BHI), maintaining Overweight. In a note to clients, J.P. Morgan writes, "Baker Hughes has come a long way, but the proof of the turnaround likely won't come until the international markets recover. Last cycle, BHI struggled to keep...

J.P. Morgan provided color on the North American Oil Service and Equipment sector. In a research report published today, J.P. Morgan stressed its optimism about the sector. In the report, J.P. Morgan states, "We have raised our North American upstream spending forecasts and materially revised...

Jefferies is out with its report today on Baker Hughes (NYSE: BHI), reiterating Buy. In a note to clients, Jefferies writes, "BHI's 1Q EPS of $0.87 easily surpassed our $0.77 forecast and the $0.77 Consensus fueled by robust international performance. Despite weather and geopolitical disruptions,...

UBS is upgrading shares of Baker Hughes Inc. (NYSE: BHI) from Neutral to Buy. UBS is also raising its PT on shares of BHI from $73 to $87. Baker Hughes currently trades at $71.02.

Deutsche Bank said that given Baker Hughes' (NYSE: BHI) recent 8-K filing stating that “unusually cold weather in N. America and activity disruptions in Tunisia, Egypt and Libya will likely have a $0.04 - $0.07 negative impact on Q1 EPS (and assuming some spillover in Libya in Q2), we are adjusting...

Baker Hughes Incorporated (NYSE: BHI) is trading up 1.18% today. Shares last traded at $58.43, setting a two-year high today in intraday trading.

Dahlman Rose has published a research report on Oilfield Services and poses the question: is there a soft floor under natural gas prices? In the report, Dahlman Rose writes "Drawing from synergies with our Coal & Utilities and E&P teams, we see a potential debate emerging that favors...

Dahlman Rose has published a research report on oil field services as the industry continues to grow its offshore project backlog, showing a significant increase in offshore activity. In the report, Dahlman Rose writes "The last three months have seen an acceleration of indications for offshore rig...

Dahlman Rose has published a research report on Baker Hughes, Inc. (NYSE: BHI) after the company reported 3Q earnings that exceeded expectations, a welcome surprise after the company's lacking 2Q. In the report, Dahlman Rose writes "BHI reported 3Q10 EPS of $0.58, vs our estimate of $0.43 and...

After news of 9.6% 3Q10 economic growth, rising inflation, and interest rate hikes from China, Dahlman Rose & Co. said that it gauged where Chinese and Global oil demand estimates lie vs. GDP estimates and found that IEA estimates proved conservative vs. recent history. “Schlumberger's (NYSE:...