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Just on CNBC- Halliburton in talks to BUY Baker Hughes

Posted on 11/13/14 at 2:41 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80761 posts
Posted on 11/13/14 at 2:41 pm
Thats a big ole purchase...anyone have any more info? They didn't talk much about it
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 11/13/14 at 2:42 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80761 posts
Posted on 11/13/14 at 2:45 pm to
Both stocks have shot up massively over the past 10 minutes
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12575 posts
Posted on 11/13/14 at 2:46 pm to
No info from is puny field engineers. But. HAL spikes $4 on news.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 11/13/14 at 2:47 pm to
Holy hell HAL is up
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16900 posts
Posted on 11/13/14 at 2:49 pm to
Baker Hughes was halted. damnnnnnnnn
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80761 posts
Posted on 11/13/14 at 2:52 pm to
Baker opened back up. Was at $48.73, now up to $60.20
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16900 posts
Posted on 11/13/14 at 2:53 pm to
damnnnnnnnnnn, FOL's
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 11/13/14 at 2:54 pm to
Mother of God
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16900 posts
Posted on 11/13/14 at 2:59 pm to
there will probably be others. this is just the first of a few milkshakes to be drank. we've heard of serious cutbacks with many of these guys recently.

who will be next, that is the question!
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12575 posts
Posted on 11/13/14 at 3:02 pm to
You talking about on the baker Hughes side?
Posted by SouthTexasSaint
Kingsville, Tx
Member since Aug 2012
174 posts
Posted on 11/13/14 at 3:05 pm to
All the rage in the field right now. Screw it, I look good in red too.
Posted by SouthTexasSaint
Kingsville, Tx
Member since Aug 2012
174 posts
Posted on 11/13/14 at 3:05 pm to
Rumor was always involving GE, but this Hali stuff is gaining steam quick.
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12575 posts
Posted on 11/13/14 at 3:09 pm to
I know that we took a lot of shelf business from baker this past year. They have two huge Frac boats that just sit there a lot.
Posted by GREENHEAD22
Member since Nov 2009
19583 posts
Posted on 11/13/14 at 3:17 pm to
That would be huge.
Posted by SouthTexasSaint
Kingsville, Tx
Member since Aug 2012
174 posts
Posted on 11/13/14 at 3:24 pm to
Yea, we built a bigun and it just sits in the North Sea.....
Posted by LSU0358
Member since Jan 2005
7916 posts
Posted on 11/13/14 at 3:24 pm to
If that's not a sign that the oil industry is at a significant top, I don't know what is.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80761 posts
Posted on 11/13/14 at 3:32 pm to
What is meant by "significant top"?
Posted by LSURussian
Member since Feb 2005
126961 posts
Posted on 11/13/14 at 3:34 pm to
I'm glad I held on to my BHI after being tempted to sell a few times.
Posted by GREENHEAD22
Member since Nov 2009
19583 posts
Posted on 11/13/14 at 3:38 pm to
Yea I am curious as well.
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