Baker Hughes (BHI) Might Be Looking for Possible Acquisition Targets

Traders should watch mid- to small-cap stocks in the Oil Well Services & Equipment group as, doing a webcast for a BofA conference, Regional President of Baker Hughes (NYSE: BHI) Andy O'Donnell suggested the company is looking for acquisition possibilities. The exec said its not currently known what Baker Hughes would need right now.

Related: Cameron (NYSE: CAM), Weatherford (NYSE: WFT), Complete Production Services (NYSE: CPX), Superior Energy Services (NYSE: SPN) and Key Energy Services (NYSE: KEG).

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• CoStar Group acquires Zonda for $800M, adding new home data
• Bunker Hill Mining to acquire Silver47 in all-share merger deal
• Two Harbors receives final approval for CrossCountry Mortgage merger