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-0.000478697941598756 0 0.000478697941598926 -0.00239348970799429 0.000478697941598926 -0.00574437529918626 -0.00478697941598841 -0.00574437529918626
Stock impact report

Baker Hughes Sees Slower U.S. Shale Drilling for Rest of 2021 [Financial Post (Toronto, Ontario, Canada)]

Halliburton Company (HAL) 
Last halliburton company earnings: 4/20 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.halliburton.com
Company Research Source: Financial Post
While oil prices are high enough for drillers to add rigs and increase output, investors have called on publicly traded ones to instead distribute profits to shareholders. That means slower growth in the region for oil contracting firms like Baker Hughes and Halliburton Co. The industry is currently recovering from history's worst crude crash last year. How and when to watch the Tokyo Olympics: Week One Advertisement Advertisement Article content Another 50 rigs could be activated in North America by the end of this year, Chief Executive Officer Lorenzo Simonelli told analysts and investors Wednesday on a conference call. That would imply 15% growth in the Baker Hughes weekly rig count for the second half of the year, far slower than the 39% expansion seen during the first six months of this year. “When you look at 2022, again we anticipate solid growth with the prices holding at the range they are now,” Simonelli said. But some public oil and gas exploration companies wi Show less Read more
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