United States Baker Hughes US Oil Rig Count up to 604 from previous 602
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In the third quarter, drillers added oil and gas rigs for an eighth quarter in a row but the addition of 12 rigs was the smallest increase since September 2020.
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Sept 30 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for a third week in a row, but growth in the third quarter slowed due to recession fears and nagging supply shortages. The oil and gas rig count, an early indicator of future output, rose one to 765 in the … Read more
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Jonah Keel and Briana Richard Elevated to Senior Vice President and Vice President, Respectively Division''s Gaming Team Adds Industry Veteran Blake Shuster, Former Head of US Communications for Red Bull, Gaming LOS ANGELES, CA / ACCESSWIRE / September 28, 2022 / Eyeing both current and anticipated growth, BHI, a division of 42West/owned by Dolphin Entertainment (NASDAQ:DLPN), has significantly bolstered its executive leadership by promoting two key employees and adding a new Vice President to its team. 42West/BHI Co-Presidents Dean Bender and Shawna Lynch promoted Jonah Keel to Senior Vice President from his Vice President role, Briana Richard to Vice President from her Account Director position, and hired Red Bull''s Head of US Communications, Gaming, Blake Shuster as Vice President. "Since BHI was acquired by Dolphin Entertainment and subsequently merged with 42West in January 2021, the division has experienced high double-digit growth," said Lynch. "We owe a great deal of that success to the leadership skills of Jonah and Briana.
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SHANNON, IRELAND / ACCESSWIRE / September 26, 2022 / Employees from Panametrics , a Baker Hughes business, manufactured and donated three uniquely mobile video game station stands to the Childrens'' Ark Ward at the University Hospital Limerick (UHL). PlayStation* video game consoles and accompanying monitors have been fitted to stands constructed by colleagues at Panametrics. "Thinking about how we could make life better for children getting medical treatment in the Ark Ward, we came up with something we knew would brighten their day - PlayStation* consoles," said Dave King, manufacturing systems specialist at Panametrics. "However, we also knew that many of the children are limited to their hospital beds, so we needed to bring the PlayStation* consoles to them. Panametrics donated the aluminum, wheels and brackets we used to manufacture the mobile stands, plus the monitors. Meanwhile, our colleagues in Shannon donated three PlayStation consoles and a countless number of games. We''re glad we are able to help keep patients entertained in difficult circumstances." "Thank you to Dave and all the team at Panametrics for their generosity and their innovative approach," said Deirdre Twohig, Clinical Nurse Manager 1 at the UHL. "The mobile video game stations make a big difference to the quality of life for many of the children on the Ark Ward." With a major manufacturing facility based in Shannon, Panametrics, a Baker Hughes business, is a global energy company that specializes in developing measurement technology used in gas, moisture and flow applications. *PlayStation is a registered trademark of Sony Interactive Entertainment.
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Pune, India, Sept. 26, 2022 (GLOBE NEWSWIRE) -- The global oilfield services market size is expected to gain momentum by reaching USD 346.45 billion by 2028 while exhibiting a CAGR of 6.6% between 2020 to 2027. In its report titled "Oilfield Services Market, 2020-2027," Fortune Business Insight mentions that the market stood at USD 267.82 billion in 2019. The surging shale gas extraction from hydraulic fracturing and other stimulation procedures will bolster the growth of the market. Oilfield Services Market to gain colossal advantage; Award won by TechnipFMC for Pipelaying and Subsea Installation in Norwegian continental shelf (NCS) to aid growth. Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf-pop/oilfield-service-market-100174 The Report Lists the Key Companies in the Oilfield Services Market: Schlumberger (Texas, United States) Halliburton (Texas, United States) Baker Hughes (Texas, United States) Weir Oil and Gas (Glasgow, United Kingdom) Emerson (Missouri, United States) National Oilwell Varco (Texas, United States) Weatherford (Texas, United States) AlMansoori Specialized Engineering (Abu Dhabi, UAE) Saudi Aramco (Dhahran, Saudi Arabia) Protiviti (California, United States) Abu Dhabi Oilfield Services (Abu Dhabi, UAE) YAS Oilfield Services (Texas, US) Superior Oilfield Services LLC (Abu Dhabi, UAE) National Arabian Petroleum Services Company (Dammam, Saudi Arabia) Larsen & Toubro (Mumbai, India) Oceaneering (Houston, Texas) China Oilfield Services Ltd. (Beijing, China) Petroleum Dynamics Oil and Gas (East Ahmadi, Kuwait) Petroleum Services Co.
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S&P Global US services PMI 49.2 vs 45.0 expected Canada July retail sales -2.5% vs -2.0% expected SNB''s Jordan: Further rates cannot be ruled out. Ready to be active in FX Powell: We continue to deal with a unique economic disruption UK Chencellor Kwarteng: I think it''s a very good day for the UK A hurricane is likely to hit Florida next week Baker Hughes oil rigs up 3 in the current week Italy heads to the polls on Sunday Markets: WTI crude oil down $4.64 to 78.84 US 10-year yields down 2.7 bps to 3.68% UK 10-year yields up 33 bps to 3.83% Gold down $27 to $1643 S&P 500 down 1.7% USD leads, GBP lags (badly) Today''s price action was probably just an extension of the FOMC trade and the growing belief that Powell is going to over-tighten the economy into a recession. But the trigger was in the bond market, specifically UK bonds. UK 5 year notes had their worst day in recorded history, down 50 basis points(!). That came after a round of spending and tax cuts in Kwateng''s budget. Coupled with that the pound cratered.
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Oil services company Baker Hughes reported an increase of 3 in the US oil rig count to 602 rigs …
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U.S. oil rigs rose three to 602 this week, while gas rigs fell two to 160. The total rig count fell in August and was on track to fall again in September after rising for a record 24 months in a row.
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United States Baker Hughes US Oil Rig Count up to 599 from previous 591
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U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks as relatively high crude prices encouraged some firms to drill more, mainly in the Permian Basin. The oil and gas rig count, an early indicator of future output, rose four to 763 in the week to Sept. […]
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Baker Hughes undefined on Friday reported that the number of active U.S. rigs drilling for oil rose by eight to 599 this week. That followed declines in each…
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Major players in the coiled tubing market are Halliburton, Schlumberger, Baker Hughes, Weatherford International, Oceaneering International, Trican Well Services, Legend Energy Services, Superior energy services, Basic Energy Services, NexTier Oilfield Solutions, Global Tubing LLC, Webco Industries, Sanjel Corporation, and Pioneer Energy Services. Major players in the coiled tubing market are Halliburton, Schlumberger, Baker Hughes, Weatherford International, Oceaneering International, Trican Well Services, Legend Energy Services, Superior energy services, Basic Energy Services, NexTier Oilfield Solutions, Global Tubing LLC, Webco Industries, Sanjel Corporation, and Pioneer Energy Services.
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C3.ai, Inc. with ticker code (AI) have now 8 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The target price ranges between 25 and 13 calculating the mean target price we have 15.63. Given that the stocks previous close was at 14.58 this is indicating there is a potential upside of 7.2%. The day 50 moving average is 19.24 and the 200 day moving average is 22.38. The company has a market capitalisation of $1,629m. You can visit the company''s website by visiting: https://www.C3.ai [stock_market_widget type="chart" template="basic" color="green" assets="AI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,747m based on the market concensus. C3.ai, Inc. operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It provides C3 AI application platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina to for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 AI Data Vision that visualizes, understands, and leverages the relationships between data entities.
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The following slide deck was published by Baker Hughes Company in conjunction with this event.
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Canada August employment -39.7K vs +15.0K expected Fed''s Waller says he supports ''another signficant hike'' this month Fed''s George says she prefers steadiness and purposefulness of rate hikes over speed More from Waller/George: We do not want inflation expectations to get unanchored ECB likelier to hike by 50 bps than 75 in October - sources report BofA now sees 75 bps Fed hike, expects headlines CPI to fall in August Baker Hughes US oil rig count 591 vs. 596 last week Atlanta Fed GDPNow estimate falls to 1.3% from 1.4% on September 7 US wholesale sales for July -1.4% vs. 1.4% estimate Video: Why this could be the bottom in Europe Canada capacity utilization for Q2 83.8% vs. 82.0% last quarter Heads up: BOE postpones September policy meeting by one week Markets: S&P 500 up 61 points, or 1.5%, to 4067 US 10-year yields up 2.5 bps to 3.31% WTI crude oil up $2.78 to $86.32 Gold up $8 to $1715 AUD leads, USD lags The economic highlight was the Canadian jobs report and for the second month, it stumbled.
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Oil services company Baker Hughes reported that the U.S. oil and gas rig count fell for the fifth straight week the week of Sept. 5, following recent forecasts of disappointing oil output gains from EOG Resources and Pioneer Resources executives.
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Baker Hughes has announced it was restructuring and simplifying its organization and accelerating its strategic transformation.
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This is just the latest of several changes Baker Hughes had undergone in recent years.
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Oilfield services firm Baker Hughes Co said on Tuesday it will simplify its organizational structure into two business units from four, starting Oct. 1, a move expected to deliver at least $150 million in cost savings. The Houston, Texas-based firm said it will combine its two oilfield units into a Oilfield Services & Equipment business […]
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Oilfield services firm Baker Hughes Co said on Tuesday it will simplify its organizational structure into two business units from four, starting Oct. 1, a move expected to deliver at least $150 million in cost savings.
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Hanesbrands is in the process of implementing their Full Potential Plan, which is hurting its bottom line. Read how BHI stock provides a good long opportunity.
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United States Baker Hughes US Oil Rig Count fell from previous 605 to 596
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U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks even as oil prices remain relatively high. The U.S. oil and gas rig count, an early indicator of future output, fell by 5 to 760 in the week to Sept. 2, energy services […]
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Baker Hughes Company (NASDAQ:BKR) traded at $25.25 at last check on Tuesday, August 30, made a downward move of -3.72% on its previous day’s price. Looking at the stock we see that its previous close was $26.23 and the beta (5Y monthly) reads 1.52 with the day’s price range being $25.85 – $26.447. In terms … Baker Hughes Company (NASDAQ: BKR) Continues To Be Hot This Week? Read More »
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C3.ai with ticker code (AI) have now 8 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 28 and 13 with the average target price sitting at 17.81. Now with the previous closing price of 18.82 this is indicating there is a potential downside of -5.4%. The day 50 moving average is 19.62 and the 200 day MA is 23.67. The company has a market cap of $2,033m. You can visit the company''s website by visiting: https://www.C3.ai [stock_market_widget type="chart" template="basic" color="green" assets="AI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,924m based on the market concensus. C3.ai operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It provides C3 AI application platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina to for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 AI Data Vision that visualizes, understands, and leverages the relationships between data entities.
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Energy firms this week increased the number of U.S. oil and gas rigs but cut the count in August for the first time in 25 months, even as oil prices remain relatively high. The oil and gas rig count, an early indicator of future output, rose three to 765 in the week to Aug. 26, […]
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In August, the combined oil and gas count in the U.S. was down two rigs after rising for a record 24 months in a row, according to Baker Hughes in its closely followed report.
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In the last trading session, 8.4 million shares of the Baker Hughes Company (NASDAQ:BKR) were traded, and its beta was 1.40. Most recently the company’s share price was $25.27, and it changed around $0.11 or 0.44% from the last close, which brings the market valuation of the company to $25.57B. BKR currently trades at a … Baker Hughes Company (NASDAQ: BKR) Could Soon Experience A Sharp Increase In Its Share Price. Read More »
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The results from oil services companies like Baker Hughes (NYSE:BKR), Haliburton (NYSE:HAL), and Schlumberger (NYSE:SLB) were mixed to be sure but there is one common thread among them. The outlook for spending on oil-field services remains strong and supportive of a multi-year upcycle for the industry. Even Baker Hughes, which gave the weakest report in […]
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C3.ai found using ticker (AI) now have 8 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 28 and 13 with a mean TP of 17.81. Given that the stocks previous close was at 21.73 this indicates there is a potential downside of -18.0%. There is a 50 day moving average of 19.42 while the 200 day moving average is 24.42. The market cap for the company is $2,122m. Visit the company website at: https://www.C3.ai [stock_market_widget type="chart" template="basic" color="green" assets="AI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,739m based on the market concensus. C3.ai operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It provides C3 AI application platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina to for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 AI Data Vision that visualizes, understands, and leverages the relationships between data entities.
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Market Roundup U.S. oil rig count flat for the week -Baker Hughes Fed has a lot of time before next rate decision, Barkin says Canada Jun Core Retail Sales (MoM) 0.8%, 0.9% forecast, 1.9% previous Canada Jun…
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The U.S. oil and gas rig count fell by one to 762 in the week to Aug. 19, Baker Hughes said. That was the first time drillers cut the rig count for three consecutive weeks since July 2020.
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U.S. energy firms this week cut the number of oil and natural gas rigs for a third week in a row even as they slowly increase production to pre-pandemic levels with shale oil output expected to hit its highest since March 2020.
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The number of total active drilling rigs in the United States fell by 1 again this week, according to new data from Baker Hughes published on Friday. It is the third decline in as many weeks. The total rig count fell to 762 this week—259 rigs higher than the rig count this time in 2021. Oil rigs in the United States were unchanged this week at 601. Gas rigs fell by 1, to 159. Miscellaneous rigs stayed the same at 2. The rig count in the Permian Basin fell by 1 to 345 this week. Rigs in the Eagle Ford stayed the same at 72. Oil and gas rigs…
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Coal Bed Methan Market 2022-2028 New Jersey, NJ -- ( SBWIRE ) -- 08/18/2022 -- Coal Bed Methan Market - Global Trends, Insights to 2028 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Coal Bed Methan Market. Some of the key players profiled in the study are Arrow Energy, GE(Baker Hughes), BG, Blue Energy, BP, ConocoPhillips, China United Coalbed Methane, Dart Energy, Encana, Ephindo, Far East Energy, Fortune Oil, Halliburton, Metgasco, Nexen, Origin Energy, PETRONAS, Quicksilver Resources & Santos. Get free access to sample report @ https://www.htfmarketreport.com/sample-report/4132199-coal-bed-methan-market-3 Coal Bed Methan Market Overview: The study provides comprehensive outlook vital to keep market knowledge up to date segmented by Power, Industrial, Residential, Commercial, Transportation, , , Methane, Trace quantities of light hydrocarbons, Nitrogen & CO2 and 18+ countries across the globe along with insights on emerging & major players.
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Baker Hughes Company (NASDAQ:BKR) with the stream of -0.95% also noticed, India Transocean Ltd. (NYSE:RIG) encountered a rapid change of -1.45% in the last hour of trading session. Baker Hughes … The post Stock with sudden spurt in volumes: Baker Hughes Company (NASDAQ:BKR -0.95%), Transocean Ltd. (NYSE:RIG -1.45%) appeared first on Stocks Equity .
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HOUSTON (ICIS)--US oil services firm Baker Hughes on Tuesday opened a new oilfield services chemicals manufacturing facility in Singapore. The 40,000 square-metre facility will manufacture, store…
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Baker Hughes (BKR) said on Tuesday it is opening a new chemicals manufacturing facility in Singapore, which the company says will significantly expand its ability to serve the…
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New chemicals manufacturing facility opened Aug.16 Locally sourced raw materials and localized supply chain optimizes manufacturing, while aligned to Singapore’s sustainability movement SINGAPORE , Aug. 16, 2022 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, is
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Gainers Magic Empire Global Limited (NASDAQ: MEGL ) shares jumped 115.7% to close at $17.73 on volatility following the company''s IPO earlier this month. Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPB ) surged 108.2% to close at $56.28 on Monday. MiNK Therapeutics, Inc. (NASDAQ: INKT ) jumped 98.8% to settle at $3.40. MiNK Therapeutics, last week, posted a Q2 loss of $0.18 per share. Regis Corporation (NYSE: RGS ) surged 77.9% to settle at $1.29 on Monday after the company announced it has amended its credit facility and extended the maturity date from March 23, 2023 to August 31, 2025. Sunrise New Energy Co. Ltd. (NASDAQ: EPOW) shares surged 62.6% to close at $3.35 on Monday. Sunrise New Energy said that the company changed its name from Global Internet of the People, Inc. to Sunrise New Energy effective as of August 10, 2022. Team, Inc. (NYSE: TISI ) jumped 53.8% to close at $1.5110 after the company announced the sale of its Quest Integrity business to Baker Hughes for $280 million cash.
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SUGAR LAND, Texas, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today announced it has reached an agreement to sell its Quest Integrity business to Baker Hughes, an energy technology company that provides solutions to energy and industrial customers worldwide, for $280 million cash (before any customary post-closing adjustments). The divestiture is a key step in realizing the Company’s strategic initiative to refocus on its core businesses and improve profitability and cash flow.
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/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA / CALGARY, AB , Aug. 15, 2022 /CNW/ - Cathedral Energy Services Ltd. (the "Company" or "Cathedral") (TSX: CET ) announces its consolidated financial results for the three and six months ended June 30, 2022 and 2021. Dollars in 000''s except per share amounts. This news release contains "forward-looking statements" within the meaning of applicable Canadian securities laws. For a full disclosure of forward-looking statements and the risks to which they are subject, see "Forward-Looking Statements" later in this news release. This news release contains references to Adjusted gross margin (gross margin plus non-cash items of depreciation and share-based compensation), Adjusted gross margin % (adjusted gross margin divided by revenues) and Adjusted EBITDA (earnings before finance costs, unrealized foreign exchange on intercompany balances, taxes, depreciation, non-recurring costs (including acquisition and restructuring costs and non-cash provision for bad debts), write-down of equipment, write-down of inventory and share-based compensation).
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C3.ai found using ticker (AI) have now 8 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 28 and 13 and has a mean target at 17.81. Given that the stocks previous close was at 22.33 this would indicate that there is a downside of -20.2%. There is a 50 day moving average of 19.2 and the 200 day moving average is 25. The market cap for the company is $2,444m. Find out more information at: https://www.C3.ai [stock_market_widget type="chart" template="basic" color="green" assets="AI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,949m based on the market concensus. C3.ai operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It provides C3 AI application platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina to for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 AI Data Vision that visualizes, understands, and leverages the relationships between data entities.
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United States Baker Hughes US Oil Rig Count: 601 vs 598
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Major US indices close higher for the 4th consecutive week Key economic releases and events next week WTI crude oil futures settle at $92.09 US, Indo Pacific coordinator: Chinese Pelosi visit as pretext to launch pressure campaign Baker Hughes weekly oil rig count +3 to 601 Wall Street Journal: Chinese President Xi to meet with US Pres. Biden German DAX leads the way in the European stock market despite Rhine river concerns A German container operator said they are to all operations to the upper Rhine Fed Barkin. Would like to see a period of sustained inflation under control U. of Michigan consumer sentiment prelim survey for August rises to 55.1 vs. 52.5 estimate Rhine River in Germany falls to critical 40cm mark at a key German waypoint. EURUSD falls. US import prices for July fell by -1.4% vs. -1.0% estimate The USD is the strongest and the GBP is the weakest as the NA session begins ForexLive European FX news wrap: Dollar firms on more pensive mood in market The USD moved higher in trading today as focus shifted from the lower inflation seen this week in the US to the troubles in other nations.
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The week of Aug. 8, 2022 was the first time the U.S. oil and gas rig count fell for two consecutive weeks since August 2020.
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The number of total active drilling rigs in the United States fell by 1 this week, according to new data from Baker Hughes published on Friday. It is the second decline in as many weeks. The total rig count fell to 763 this week—262 rigs higher than the rig count this time in 2021. Oil rigs in the United States rose by 3 this week to 601. Gas rigs fell by 1, to 160. Miscellaneous rigs dropped 3. The rig count in the Permian Basin fell by 1 to 346 this week. Rigs in the Eagle Ford stayed the same at 72. Oil and gas rigs in the Permian are…
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CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) -- STEP Energy Services Ltd. (the "Company" or "STEP") is pleased to announce its financial and operating results for the three and six months ended June 30, 2022. The following press release should be read in conjunction with the management''s discussion and analysis ("MD&A") and unaudited condensed consolidated interim financial statements and notes thereto as at June 30, 2022 (the "Financial Statements"). Readers should also refer to the "Forward-looking information & statements" legal advisory and the section regarding "Non-IFRS Measures and Ratios" at the end of this press release. All financial amounts and measures are expressed in Canadian dollars unless otherwise indicated. Additional information about STEP is available on the SEDAR website at www.sedar.com , including the Company''s Annual Information Form for the year ended December 31, 2021 dated March 16, 2022 (the "AIF"). CONSOLIDATED HIGHLIGHTS FINANCIAL REVIEW ($000s except percentages and per share amounts) Three months ended Six months ended June 30, June 30, March 31, June 30, 2022 2021 2022 2022 2021 Consolidated revenue $ 273,000 $ 107,546 $ 219,539 $ 492,539 $ 244,358 Net income (loss) $ 38,064 $ (10,582 ) $ 9,173 $ 47,237 $ (18,526 ) Per share-basic $ 0.
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