Baker Hughes says the number of U.S. drilling rigs stayed the same at 603 this week.

Oct 30, 2026, 5:06 PM ETMarketRead the original at tradingview.com

Good for BKR

The U.S. rig count stayed flat for the week, with 2 more oil rigs and 2 fewer gas rigs. But it was 57 rigs, or 10.4%, above last year, pointing to more potential work for Baker Hughes.

BKR · Baker Hughes

AI read · Good for BKR

The AI's read

More rigs than a year ago can mean more work for Baker Hughes' oilfield services business. The weekly total stayed flat, with oil rigs up by 2 and gas rigs down by 2. The larger count compared with last year points to a modestly positive read.

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