2024-04-26 00:01:35 ET
Summary
- Baker Hughes is well-positioned for the shift in global energy interests towards emissions control and the growing demand for natural gas and hydrogen fuel.
- The company is experiencing growth in its gas tech business and expects a 50% increase in segment orders for the next fiscal year.
- Baker Hughes's technology can be scaled for both natural gas and hydrogen power generation, providing cost-saving benefits and potential growth opportunities.
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Baker Hughes Should Realize Major Tailwinds Throughout The Energy Transition