BHGE News and Press, Baker Hughes a GE company Class A From 09/22/19

The energy sector has been struggling under the weight of volatile oil prices . The biggest issue for energy service providers like Baker Hughes, a GE Company (NYSE: BHGE) and Core Laboratories N.V. (NYSE: CLB) is that oil prices are hovering in a range that isn't high enough to suppo...

TORONTO, Sept. 19, 2019 (GLOBE NEWSWIRE) -- Hydrostor, a leading developer of Advanced Compressed Air Energy Storage (A-CAES) projects, announced today the closing of US$37 million (C$49 million) in growth financing. RBC Capital Markets acted as Hydrostor’s advisor on the transaction...

Oceaneering (NYSE: OII ) says it was awarded contracts by Baker Hughes (NYSE: BHGE ) to supply subsea umbilical control systems for Oil and Natural Gas Corp. of India's ONGC KG‑DWN 98/2 deepwater field development in the Bay of Bengal. More news on: Oceaneering International, Inc....

Oil and gas names ( XLE -1.7% ) tumble into the red following a report that Saudi Arabia could fully restore its lost oil production within 2-3 weeks. More news on: Energy Select Sector SPDR ETF, Chesapeake Energy Corporation, Apache Corporation, Energy stocks news, Stocks on the move,...

Baker Hughes GE (NYSE: BHGE ) will soon shed references to GE in its corporate name and stock ticker, saying it plans to become Baker Hughes Co. with a BKR symbol, as General Electric (NYSE: GE ) says it closed the sale of its interests in the company. More news on: Baker Hughes, a GE ...

As a company in transition, investors should expect a lot of changes to pop up from the management team at General Electric ( GE ). Case in point, we have what transpired the other day when the company came out with two meaningful announcements, one which will help the firm to further monetize...

Baker Hughes, a GE company (NYSE: BHGE or the “Company”) announced today the closing of a secondary offering (the “offering”) of 132.25 million shares of BHGE Class A common stock, par value $0.0001 per share (the “Class A common stock”) by General El...

Sell on Saudi Oil Scare There is a lot to unpack here. Forgive the geopolitics, but we need a bit of context...First of all, the Houthis have a major victory in attacking Saudi Oil infrastructure, probably and literally Pyrrhic. Clearly, the Saudis are playing it up by immediately announci...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . The Dow this session is looking to surpass an intraday record high of 27,398.68, while the S&P 500 is closing in on its previo...

Baker Hughes, A GE Company ( BHGE ) is approximately fairly valued on an absolute basis, but relative to other major oilfield services and equipment companies is overvalued. BHGE’s presence across the oil and gas industry value chain greatly reduces the volatility of profit margins, whi...