US Rig Count Rises for Eighth Time in Nine Weeks, Per Baker Hughes Report
Reported by Reuters
Sentiment
Positive
Importance
7
Price
$58.87
Mkt Cap
$58.403B
52W Low
$37.38
52W High
$70.41
Market data snapshot near publication time
Summary
Baker Hughes reported that US energy firms have increased rig counts for the eighth time in the past nine weeks. This sustained trend of rising drilling activity is a positive indicator for the energy services sector, suggesting continued demand for Baker Hughes' equipment and services. This follows a similar report from late May that also showed a strong increase in rig activity.
At the time of this announcement, BKR was trading at $58.87 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $58.4B. The 52-week trading range was $37.38 to $70.41. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.
Price Chart
BKR - Latest Insights
BKR
Jun 18, 2026, 1:02 PM EDT
Price at Filing:
$58.87
Real-time Price:
$58.72
Change:
-$0.150 (-0.25%)
Market Cap:
$58.254B
BKR
Jun 12, 2026, 1:01 PM EDT
Price at Filing:
$63.51
Real-time Price:
$58.72
Change:
-$4.79 (-8%)
Market Cap:
$58.254B
BKR
Jun 05, 2026, 1:24 PM EDT
Price at Filing:
$64.03
Real-time Price:
$58.72
Change:
-$5.31 (-8%)
Market Cap:
$58.254B
BKR
May 29, 2026, 1:27 PM EDT
Price at Filing:
$64.79
Real-time Price:
$58.72
Change:
-$6.07 (-9%)
Market Cap:
$58.254B
BKR
May 28, 2026, 7:00 AM EDT
Price at Filing:
$63.80
Real-time Price:
$58.72
Change:
-$5.08 (-8%)
Market Cap:
$58.254B
BKR
May 26, 2026, 7:08 AM EDT
Price at Filing:
$65.44
Real-time Price:
$58.72
Change:
-$6.72 (-10%)
Market Cap:
$58.254B
BKR
May 21, 2026, 4:03 PM EDT
Price at Filing:
$65.80
Real-time Price:
$58.72
Change:
-$7.08 (-11%)
Market Cap:
$58.254B
BKR
May 21, 2026, 4:01 PM EDT
Price at Filing:
$65.81
Real-time Price:
$58.72
Change:
-$7.09 (-11%)
Market Cap:
$58.254B
BKR
May 19, 2026, 5:05 PM EDT
Price at Filing:
$65.37
Real-time Price:
$58.72
Change:
-$6.65 (-10%)
Market Cap:
$58.254B
BKR
May 04, 2026, 2:54 AM EDT
Price at Filing:
$69.90
Real-time Price:
$58.72
Change:
-$11.18 (-16%)
Market Cap:
$58.254B