logo
Plus   Neg
Share
Email

Baker Hughes June Worldwide Rig Count Declines

Energy technology company Baker Hughes (BKR) announced Thursday a decline in its worldwide rig count sequentially and from June 2019. The worldwide rig count for June 2020 was 1,073, down 103 from the 1,176 counted in May 2020, and down 1,148 from the 2,221 counted in June 2019.

Baker Hughes international rig count for June 2020 was 781 down 357 from the 1,138 counted in June 2019. The international offshore rig count for June 2020 was 194, down 52 from the 246 counted in June 2019.

The average U.S. rig count for June 2020 was 274, down 695 from the 969 counted in June 2019. The average Canadian rig count for June 2020 was 18, down 96 from the 114 counted in June 2019.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Humana Inc. (HUM) reported second quarter adjusted earnings per share of $12.56 compared to $6.05, previous year. On average, 22 analysts polled by Thomson Reuters expected the company to report profit per share of $10.27, for the quarter. Analysts' estimates typically exclude special items. Second... H-E-B has issued an all-store recall for Blue Cheese Salmon Burgers citing the presence of an undeclared allergen, the U.S. Food and Drug Administration announced. The products contain wheat, a known allergen, which is not declared on the product label. Consumers with allergy or severe sensitivity to wheat may get serious or life-threatening allergic reaction if they consume these products. The U.S. Securities and Exchange Commission is investigating the circumstances around Eastman Kodak Co.'s (KODK) announcement of a $765 million government loan to make ingredients for Covid-19 drugs, the Wall Street Journal reported citing people familiar with the matter.
RELATED NEWS
Follow RTT