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GE - Baker Hughes General Electric: Leveraging Technology For Growth
General Electric Company
Introduction
It is perhaps noteworthy that no one has written an article on Baker Hughes General Electric (BHGE) since January of this year. That's quite a gap in coverage, but is perhaps understandable, given the malaise that hangs over the oilfield service space at the present. Quite simply, the OFS space needs a catalyst to give investors confidence in its ability to generate profits.
Source: Seeking Alpha, chart by author
You might think that the run up in oil prices might be such a catalyst, but that hasn't really been the case. Oil