US energy firms add rigs for seventh week in a row, says Baker Hughes

U.S. energy firms this week added rigs for a seventh week in a row for ​the first time since May 2022, energy services firm ‌Baker Hughes said in its closely followed report on Friday.

Reuters • Jun 5, 2026

Oil Services Are Setting Up to Do It Again, But There's a Catch the Strait of Hormuz Trade Can't Ignore

If you put $10,000 into the VanEck Oil Services ETF (NYSEARCA:OIH) at the closing bell on December 31, 2025, you were sitting on roughly $15,100 five months later.

24/7 Wall Street • Jun 4, 2026

New Strong Sell Stocks for June 1st

ACA, BKR and BFC have been added to the Zacks Rank #5 (Strong Sell) List on June 1st, 2026.

Zacks Investment Research • Jun 1, 2026

Baker Hughes Secures Long-Term Contract Extensions With Equinor

BKR wins multi-year contract extensions with Equinor in the North Sea, expanding its role in drilling, well services and intervention solutions.

Zacks Investment Research • Jun 1, 2026

Baker Hughes, Equinor Extend Significant Contracts to Support North Sea Energy Production

Integrated drilling and well services solutions support developments offshore Norway Intervention services extend the life and performance of existing wells in the North Sea HOUSTON and LONDON, May 28, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday two significant contract extensions with Equinor to provide integrated drilling and well services solutions, as well as wireline intervention services. These multi-year extensions will support Equinor's offshore hydrocarbon production goals in the North Sea.

GlobeNewsWire • May 28, 2026

New Strong Sell Stocks for May 28th

BKR, ASH and AB have been added to the Zacks Rank #5 (Strong Sell) List on May 28, 2026.

Zacks Investment Research • May 28, 2026

Baker Hughes CEO: Data Centers, LNG Fuel Shift Beyond Oilfield Services

Baker Hughes NASDAQ: BKR Chairman and Chief Executive Officer Lorenzo Simonelli said the company has become “very different” from the traditional oilfield services business it was a decade ago, emphasizing a broader strategy focused on industrial energy solutions, natural gas, power generation and lower-emissions technologies.

MarketBeat • May 27, 2026

Baker Hughes Company (BKR) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript

Baker Hughes Company (BKR) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript

Seeking Alpha • May 27, 2026

Baker Hughes Extends and Expands Integrated Well Construction Contract with Petrobras

HOUSTON and LONDON, May 26, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday a major contract extension with Petrobras to provide integrated solutions for well construction across Brazil's Santos Basin.

GlobeNewsWire • May 26, 2026

EU regulators to decide on Baker Hughes' $13.6 billion Chart deal by June 26

EU antitrust regulators will decide by June 26 ​whether to clear oilfield services ‌firm Baker Hughes' $13.6 billion acquisition of Chart Industries , according to a ​European Commission filing.

Reuters • May 22, 2026