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Baker Hughes Is Worth $33 - $48 Standalone

2015-03-01 12:54:30| Oil & Gas - Topix.net

Analysts have speculated on merger activity in the oil & gas industry as oil prices have declined nearly 50% since June 2014. The oil and gas industry has been in a state of contraction since November, and Baker Hughes' future earnings estimates are much lower.

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Halliburton And Baker Hughes Receive Expected Requests For Additional Information From DOJ

2015-02-19 06:59:51| oilandgasonline Home Page

Halliburton Company and Baker Hughes Incorporated recently announced that, as expected, the companies have each received a request for additional information (“second requests”) from the United States Department of Justice (“DOJ”) in connection with Halliburton’s pending acquisition of Baker Hughes.

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Halliburton, Baker Hughes to lay off thousands as oil slumps

2015-01-21 13:37:32| Oil & Gas - Topix.net

Oilfield service providers Baker Hughes Inc and Halliburton Co plan to cut thousands of jobs as drilling activity slows further due to a steep fall in crude oil prices. Global oil prices have tumbled almost 60 percent since June, hitting five-year lows as growing production and tepid global demand has caused a supply glut and prompted oil producers to scale back spending.

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Baker Hughes to lay off 7,000 as oil patch layoffs mount

2015-01-20 20:39:03| Oil & Gas - Topix.net

Baker Hughes to lay off 7,000 as oil patch layoffs mount 7,000 more oil services workers to lose jobs in wake of crude oil slump. Check out this story on KHOU.com: http://usat.ly/1Bzg1l0 This August 21, 2013 file photo shows an oil well near Tioga, North Dakota.

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