Baker Hughes stock: U.S. rig count rises to 603

Published on 11/06/2026 at 12:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Baker Hughes stock remains tied to shifting energy-service activity as U.S. drilling strengthens. The Permian Basin led the latest increase.

Rig Activity Strengthens Energy Outlook

Oil-directed drilling strengthened in the weekly U.S. survey cited by Ground.news, while gas-directed activity declined.
The Permian Basin was a key source of the increase, keeping production activity in focus for energy-service investors.

Baker Hughes Co., US05722G1004, Illustration mit AI erstellt.

U.S. drilling activity strengthened in the weekly survey cited by Ground.news, which attributed the figures to Baker Hughes data released on Friday, October 9, 2026. The report put the total number of active oil and gas rigs in the United States at 603, with oil-directed rigs rising to 462 and gas-directed rigs declining to 132.

Oil Activity Leads Weekly Increase

The latest count showed oil rigs increasing by six from the previous week, while gas rigs fell by one. The Permian Basin added four rigs, making the main U.S. oil-producing region a central contributor to the weekly improvement.

The year-on-year comparison also pointed to firmer activity. Total active rigs were 56 higher than a year earlier, while the oil-directed count was 44 above the comparable level. For Baker Hughes, the figures support demand for equipment, services and technology linked to drilling and production, although a single weekly count does not establish a change in the company's earnings outlook.

The report also cited U.S. crude output of 13.979 million barrels per day. That production backdrop is relevant to oilfield-service spending because operators' activity levels influence demand across drilling, completion and production equipment. The figures do not by themselves show how much revenue or profit Baker Hughes will capture.

Quote Holds Investor Focus

Baker Hughes stock traded at 41.70 euros on Lang & Schwarz at 12:43 CET on Friday, November 6, 2026. Investors can follow the real-time quote of Baker Hughes stock.