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Report on:
BJ Services Company (BJS)
BASIC MATERIALS - Energy - Oil & Gas Equipment & Services
Generated Thursday May 20, 2010 04:08 AM
Quotes about BJ Services Company

ProSep Appoints Two Highly Regarded DirectorsWe are delighted to welcome Messrs. Fontaine and Wilson to the Company's Board of Directors. Together they bring significant experience in the oil and gas industry, expertise in the process equipment business and reputation for establishing the highest standards in corporate governance," - Anthony Rustin

Superior Energy Services picks David Dunlap as its new CEOWhile our earnings are below year-ago levels, our financial and operational results are much improved from the fourth quarter of 2009, which is encouraging, especially since the first quarter is typically a seasonally weak period," - Terence Hall

'Let's make a deal' prevails in energy sector (Today)What we saw in the second half of 2009 was a rebound in the oil price, which obviously strengthened the financial position of companies in the sector," - Luke Parker

Dunlap to lead SuperiorDave Dunlap has worked and held leadership positions in the oil and energy industry for more than 25 years and he is widely respected by all of us in this industry," - Terence Hall

Baker Hughes to Acquire BJ Services in $5.5 Billion TransactionBJ Services broadens our portfolio by adding products, technologies and talented people that are key to helping our customers unlock value in their reservoirs, particularly in unconventional gas and deepwater fields. It will better position us to drive international growth and to compete for the growing large integrated projects by incorporating pressure pumping into our product offering. "

No Comment

Halliburton and Rain for Rent declined to comment , and Schlumberger and Calfrac representatives did not return calls for comment. - Mr. Lara
Worker believes cancer caused by fracking fluids

Hall also said his company has been working with BP on its response to last week's explosion of a Gulf of Mexico oil rig, but was unable to speak in detail about the work. - Ken Blanchard
Superior Energy Services picks David Dunlap as its new CEO

Michael Sutton, a lawyer for Houston-based Baker Hughes, and Penn Huston, attorney for Carrollton-based Varel International, declined to comment on the verdict, citing the judge's order sealing the case. - Michael Sutton
Baker Hughes wins suit over cloned drill bit

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Baker Hughes Beats Estimates 
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Baker Hughes Inc. (NYSE:BHI) reported first-quarter 2010 earnings of 41 cents per share, compared with the Zacks Consensus Estimate of 38 cents and year-ago earnings of 81 cents. Though the results came in above our expectations, it was down year over year, due primarily to price deterioration in international businesses. However, with the improvement in pricing ...


Full Press Release 
PressZoom.com  Apr 28,'10

The Department of Justice announced today that it has reached a settlement that will require Baker Hughes Inc. and BJ Services Company to divest two specially equipped vessels and other assets in order to proceed with their proposed merger. The department said that the transaction as originally proposed would combine two of only four companies that provide specialized pumping services,

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