It was a week where both oil and natural gas prices suffered big losses. On the news front, oilfield service majors Schlumberger Ltd. SLB and Halliburton Co. HAL kicked off the energy earnings season. Importantly, both the …
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HOUSTON -- Baker Hughes Inc., an oil field-services company, agreed to buy Western Atlas Inc. for $6.2 billion in …
It was a week where oil prices rose back above the psychological $50-a-barrel mark, while a bearish build created selling pressure on natural gas futures. On the news front, world’s second largest oilfield services group Halliburton Co. HAL
There is potential upside of 0.0% for shares of Halliburton based on a current price of $0.00 and an average consensus analyst price target of $64.41. The stock should run into initial resistance at its 200-day moving average (MA) of $36.57 …
Shares of oilfield-services firm Halliburton Co. rose Friday after a judge delayed more than 200,000 pending asbestos claims against a subsidiary. Halliburton's stock has lost about two-thirds of its value in the last nine months largely …
It was a week where oil prices eked out another gain but natural gas settled lower, losing its grip on the $3 level. On the news front, Halliburton Co. HAL reached an amicable settlement with BP plc BP on Macondo claims, while Exxon …
May 2 (Reuters) - Baker Hughes Inc said it planned to buy back $1.5 billion of shares and $1 billion of debt, using the breakup fee it will receive following the collapse of its proposed buyout by fellow oilfield services provider Halliburton
Halliburton forecast a 25% jump in earnings in the second quarter, helped by a recovery in profit margins in its main North American market and continued growth overseas. Shares in the oil company rose 3.8% to $62.79 on the New York …
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Today, reflecting lower stock prices, it is worth just $28 billion. Halliburton will pay Baker Hughes a $3.5 billion breakup fee. The Justice Department asked a judge last month to block the deal on antitrust grounds, saying just Schlumberger …
NEW YORK – Halliburton is buying rival oilfield services company Baker Hughes is a cash-and-stock deal worth $34.6 billion. The deal comes shortly after talks had stalled and Halliburton prepared to go hostile with its takeover bid. The …