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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...
An Alaska grand jury has indicted Baker Hughes ( BHGE +1.7% ), two subsidiaries and a company manager for 25 felony charges of assault relating to toxic chemical releases during the 2014 construction of a chemical transfer facility in Kenai. More news on: Baker Hughes, a GE company, En...
Last fall, General Electric (NYSE: GE) sold nearly a quarter of its shares in Baker Hughes, a GE Company (NYSE: BHGE) to shore up its balance sheet. The share sale -- split between a secondary offering to outside investors and a buyback by Baker Hughes -- reduced GE's stake in its...
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 fun begins shortly with the ECB, then shifts to a likely Fed rate cut next Wednesday, as well as additional stimulus from the ...
Baker Hughes, a GE company (NYSE: BHGE ) prices its upsized secondary offering of 115M class A common stock at $21.50/share. More news on: Baker Hughes, a GE company, Energy stocks news, Read more ...
AI application provides early warning of production downtime and process risk to improve operational productivity, efficiency and safety Baker Hughes, a GE company (NYSE:BHGE) and C3.ai today announced the launch of BHC3 Reliability™, the first artificial intelligence (AI) softw...
Baker Hughes, a GE company (NYSE: BHGE or the “Company”) announced today the pricing of a secondary offering (the “offering”) of 115 million shares of BHGE Class A common stock, par value $0.0001 per share (the “Class A common stock”) by General Elect...
BHGE stock is down 7% today as its parent company, General Electric (NYSE:GE), sells off its majority stake in the oil field services company. Baker Hughes (NYSE:BHGE), a General Electric Company, was merged with the struggling oil and gas division of General Electric in 2017 to create ...
Baker Hughes ( BHGE -7.6% ) share weakness today presents a buying opportunity, Tudor Pickering says following news that GE will give up its majority stake in the oil services company. More news on: Baker Hughes, a GE company, Schlumberger Limited, Energy stocks news, Stocks on the move,...
Baker Hughes ( BHGE -7.6% ) falls and General Electric ( GE +2% ) rises after GE cuts its ownership stake to ~39.5% from 50.3% via BHGE's repurchase of $250M of its class B common stock and GE's secondary offering of 105M class A shares. More news on: Baker Hughes, a GE company, Gene...
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Image source: The Motley Fool. Baker Hughes, a GE company (NYSE: BHGE) Q3 2019 Earnings Call Oct. 30, 2019 , 9:00 a.m. ET Operator Continue reading
Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for September 2019 was 1,131, down 7 from the 1,138 counted in August 2019, and up 127 from the 1,004 counted in September 2018. The international offshore rig count for September 2019 was 242...