Page 4 - Andy Hendricks News Today

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The stocks of oil drilling companies are in decline, falling alongside oil prices in a signal that some traders believe prices have further to fall yet. Since the start of the year, the stocks of the four largest onshore drilling companies have ...

The stocks of oil drilling companies are in decline, a sign that traders believe oil prices may have further to fall yet.

The combined company will have a best-in-class operational and technology portfolio, along with data analytics to maximize well performance. Specifically, the merger will create a leading U.S. contract drilling business with 172 super-spec drilling rigs and a directional drilling business.

Oilfield services firm Baker Hughes said Friday the US rig count it has issued weekly since 1944 dropped by eight rigs – the seventh weekly decline

WASHINGTON (dpa-AFX) - Oilfield services provider Patterson-UTI Energy, Inc. (PTEN) announced Thursday a definitive merger agreement with NexTier Oilfield Solutions Inc. (NEX) to combine in an

Patterson-UTI Energy Inc (NASDAQ: PTEN) and NexTier Oilfield Solutions Inc (NYSE: NEX) inked an all-stock merger deal of equals, forming a combined company with an

In an all-stock transaction with an enterprise value of $5.4 billion, Patterson-UTI Corp. said Thursday it is merging operations with NexTier Oilfield

Comprehensive U.S. Oilfield Services Franchise to Enhance Drilling and Completions Value Creation Potential and Maximize Returns for Shareholders Combined $5.4...

Patterson-UTI Energy (NASDAQ:PTEN) and NexTier Oilfield Solutions have agreed to an all-stock merger, according to reports, creating a $5.4 billion oil...