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

November 15, 2011 3:55 PM EST
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).


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