Baker Hughes Trading Volume Surges 74.54% to 249th Position as Stock Price Rises 1.38%

On July 18, 2025, Baker Hughes (BKR) saw a significant increase in trading volume, with a turnover of 4.79 billion, marking a 74.54% rise from the previous day. This surge placed Baker Hughes at the 249th position in terms of trading volume for the day. The stock price of Baker Hughes also rose by 1.38%, marking the second consecutive day of gains, with a total increase of 2.69% over the past two days.

Baker Hughes reported an increase in the U.S. rig count, rising by seven to reach a total of 544 rigs. This development reflects ongoing activity in the oil and gas sector, with gas rigs seeing a notable increase of nine, bringing the total to 117. However, oil rigs decreased by two, totaling 422. The miscellaneous rigs remained unchanged at five. Compared to the previous year, the U.S. rig count is down by 42, with oil rigs decreasing by 55 and gas rigs increasing by 14. The offshore rig count in the U.S. remained unchanged at 13, down nine year-over-year. In Canada, the rig count increased by 10 to 172, with oil rigs up by eight to 120 and gas rigs up by two to 52. The miscellaneous rigs in Canada remained unchanged at zero. Overall, the Canada rig count is down by 25 from last year.