BHGE - The Daily Drilling Report's Almanac And Gazette: October 2019

October, 07 2019 06:23 AM Baker Hughes a GE company Class A

Introduction

As anyone who is long oilfield stocks over the past year knows, these are tough times in the oil patch. Bearish sentiment brought on by demand fears driven by reduced global growth estimates has managed to completely defray any bullish news - flattening shale growth, and reduced stockpiles of crude in the U.S. crushing the oil price over the last month or so. The USO ETF, which tracks oil prices, tells the tale of the tape for that time period.

Source

There is really nothing on the horizon that will alter this trajectory until

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

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Introduction