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Is Cactus (WHD) One of the Best American Oil Stocks to Buy Now?
Insider Monkey56d agobullish
Is Cactus (WHD) One of the Best American Oil Stocks to Buy Now?

Cactus, Inc. (NYSE:WHD) is included among the 12 Best American Oil Stocks to Buy Now. Cactus, Inc. (NYSE:WHD) designs, manufactures, sells, and rents engineered pressure control and spoolable pipe technologies in the United States, Australia, Canada, the Middle East, and internationally. On June 6, Stifel upped its price target on Cactus, Inc. (NYSE:WHD) from $66 […]

Stocks Supported as Geopolitical Risks Recede
Barchart58d agoneutral
Stocks Supported as Geopolitical Risks Recede

The S&P 500 Index ($SPX ) (SPY ) today is up +0.99%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.16%. September E-mini S&P futures (ESU26 ) are up +0.99%, and September E-mini Nasdaq futures...

Baker Hughes (BKR) Stock Could Be 16% Undervalued After Its Recent Pullback
Simply Wall St.58d agoneutral
Baker Hughes (BKR) Stock Could Be 16% Undervalued After Its Recent Pullback

Baker Hughes (BKR) is back on investors’ radar after recent trading pressure, with the stock down 9.3% over the past month and 1.1% over the past 3 months from Wednesday’s close. See our latest analysis for Baker Hughes. Despite this recent pullback, Baker Hughes shares still show strong momentum over a longer horizon, with the year to date share price return of 27.43% alongside a 1 year total shareholder return of 56.76%. If you are looking beyond Baker Hughes and want to see what else is...

StockStory61d agoneutral
Why Halliburton (HAL) Stock Is Down Today

Shares of oilfield services company Halliburton (NYSE:HAL) fell 2.8% in the morning session after the price of oil fell sharply as the U.S. and Iran announced a peace deal to end their conflict.

StockStory61d agoneutral
Why SLB (SLB) Stock Is Down Today

Shares of oilfield services provider SLB (NYSE:SLB) fell 3.2% in the morning session after the price of oil fell sharply as the U.S. and Iran announced a peace deal to end their conflict.

Citi Sticks with Buy on Baker Hughes (BKR) Despite Lowering Price Target
Insider Monkey61d agobullish
Citi Sticks with Buy on Baker Hughes (BKR) Despite Lowering Price Target

Baker Hughes Company (NASDAQ:BKR) is included among Billionaire Larry Robbins’ 10 Dividend Stock Picks. On June 3, Citi lowered its price recommendation on Baker Hughes Company (NASDAQ:BKR) to $74 from $80. It reiterated a Buy rating on the stock. The revision came as the firm updated its models for companies in the oil and gas […]

EU Scrutiny Puts Baker Hughes Acquisition Synergies And Valuation In Focus
Simply Wall St.64d agoneutral
EU Scrutiny Puts Baker Hughes Acquisition Synergies And Valuation In Focus

European regulators are reviewing Baker Hughes’s planned $13.6b acquisition, focusing on whether product bundling could harm competition. The European Commission’s antitrust scrutiny introduces uncertainty around deal timing and potential conditions for approval. Baker Hughes (NasdaqGS:BKR) is drawing fresh attention as the European Commission examines its $13.6b acquisition plan for possible product bundling issues. The stock trades at $63.14, with returns of 33.9% year to date and 64.5%...

Odessa American, Texas64d agobearish
Basin rig count down one as prices fall

The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 256 rigs active in the region. A year ago, 273 rigs were active in the region. Nationally, the oil and gas rig count is down one from last week at 562 rigs. A year ago, 555 rigs were active. The count shows that 433 rigs sought oil, up two from the previous week, and 121 explored for ...

Pace of US Oil Drilling Inches Up
Oilprice.com64d agoneutral
Pace of US Oil Drilling Inches Up

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 563, up 1 from this same time last year.