Referenced Stocks

Baker Hughes Announces June 2012 Rig Counts; Shares Off 8 Cents in Pre-Market Trade

By MT Newswires July 09, 2012, 07:01:08 AM EDT

Baker Hughes Incorporated ( BHI ) announced today that the international rig count for June 2012 was 1,285 rigs. The June international rig count includes the addition of 79 rigs in Iraq. The June rig count of 1,285 rigs was up 60 from the 1,225 counted in May 2012, and up 127 from the 1,158 counted in June 2011.

The Baker Hughes Rotary Rig Counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the United States, Canada and international markets.

BHI was off by 8 cents in the pre-market trade at $40.20. It has hit a low of $37.08 in a 52-week period.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: BHI



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