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Baker Hughes ( NASDAQ: BKR ) said on Tuesday it will simplify its organizational structure by reducing its business units from four to two - Oilfield Services & Equipment, and Industrial & Energy Technology - starting October 1. Baker Hughes ( BKR ) said it e...
Establishing two reporting business segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). Accelerating strategic transformation to simplify and improve operations, enhancing profitability while positioning for growth with customers ...
Every economic cycle is the same: growth, slowdown, decline, growth, slowdown, decline, etc. However, each cycle is also different, with its own set of nuances and areas of possible investment. For example, in the current downturn, there's a raging debate over just where economically sensit...
Oil prices have been incredibly volatile this year. West Texas Intermediate (WTI), the primary U.S. oil price benchmark, started 2022 at around $75 a barrel before surging to more than $120 a barrel following Russia's invasion of Ukraine. While crude prices have cooled off since then on f...
Summary Western sanctions against the Russian oil and natural gas industries will reshape global energy markets forever. Russia is already struggling to scale the production of oil and natural gas, even though most of the sanctions are yet to be implemented. Exxon stands to be...
--News Direct-- As we shape the future of the energy industry, we believe unique ideas and perspectives fuel innovation and our differences make us stronger. We value differences in gender, race, ethnicity, age, gender identity, sexual orientation, ability, cultural background, religion...
Investors in the oil sector can be excused if they are bemused by the current debate around the industry and oil services stocks in particular. The bears think energy demand is about to fall off a cliff due to a recession and expect the worst for oil services companies. Meanwhile, the bulls...
It's been a difficult year for the stock market, but sometimes tough conditions create buying opportunities in beaten-up stocks. For vastly different reasons, I think Johnson Controls (NYSE: JCI) , Baker Hughes (NASDAQ: BKR) , and ABB (NYSE: ABB) are attractive stock...
--News Direct-- Support for the Paris Climate Agreement We support the objectives of the UN Paris Climate Agreement and its goal to keep global temperature rise well below 1.5-degrees Celsius. As an energy technology company with a portfolio of lower-carbon solutions across the ...
Baker Hughes has made strides in the TPS business in the LNG and Carbon Capture space. The company is well below June highs and has solid order book in TPS. BKR stock is attractive at current levels for growth and income. Introduction I write fewer articles on Baker ...
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Second-quarter highlights Orders of $7.5 billion, including $3.5 billion of IET orders. RPO of $33.5 billion, including record IET RPO of $30.2 billion. Revenue of $7.1 billion, up 13% year-over-year. Net income attributable to the Company of $579 million. ...
AstraZeneca PLC (AZN) is expected to report $0.97 for Q2 2024 BJ's Restaurants Inc. (BJRI) is expected to report $0.49 for Q2 2024 Baker Hughes Company (BKR) is expected to report $0.49 for Q2 2024 BlueHarbor Bank (BLHK) is expected to report for Q2 2024 Betterware de Mexico S.A.P...