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home / news releases / BHGE - General Electric: Much Ado About Nothing


BHGE - General Electric: Much Ado About Nothing

General Electric Ohio facility. Source: Barron's

Last week, General Electric (GE) CEO Larry Culp presented GE's 2019 outlook to analysts and investors. I expected fireworks after the event. I also suspected Culp would speak to the company's recent shelf registration and a potential capital raise. However, there was more "happy talk" from Culp on what could potentially happen in the future. The stock is flat since the meeting. Overall, it was a more happy talk from Culp, but nothing earth-shattering.

Cash Burn Could Be $2 Billion

Management divulged industrial free cash flow ("FCF")

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Stock Information

Company Name: Baker Hughes a GE company Class A
Stock Symbol: BHGE
Market: NYSE

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