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2023-09-12 15:36:33 ET Summary Energy was the best-performing S&P 500 sector, notably outperforming technology shares. The fundamental setup for oil and oil-related equities remains bullish. Energy stocks are likely to continue to outperform as higher oil prices raise conc...
2023-09-11 12:53:13 ET Summary BORR is up 150% since my last article but remains undervalued in view of the secular bull market in offshore drilling and services. The demand for BORR's modern jack-up rigs keeps growing while rig supply remains very limited; this pushes up utilizat...
HOUSTON and LONDON, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the third quarter ending Sept. 30, 2023, via a press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Wednesday, Oct. 25, 2023. A webcast to discuss the results will be held Thurs...
2023-09-07 06:33:55 ET Summary PUMP is up close to 50% since the recent lows and is now flat YTD. Rig and frac spread counts haven't bottomed yet, but the sentiment is this will happen in Q3. Onshore services stocks may already be discounting this, so over the next few months ...
2023-09-06 11:03:34 ET Summary I previously recommended a small allocation to Tellurian, but now believe even a 1% position is not advisable. The termination of an LNG Sale and Purchase Agreement with Gunvor Singapore Pte Ltd is seen as a significant setback for Tellurian. A n...
SINGAPORE, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Tellurian Inc. (NYSE American: TELL) and Baker Hughes (NASDAQ: BKR) announced Wednesday an agreement to supply eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project. The agreement secures a delivery schedule for the eigh...
Tellurian Inc. (NYSE American: TELL) and Baker Hughes (NASDAQ: BKR) announced Wednesday an agreement to supply eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project. The agreement secures a delivery schedule for the eight LM6000PF+ gas turbines, main refrigerant com...
Venture Global and Baker Hughes Announce Expanded Master Equipment Supply Agreement to Support Venture Global's Long-Term Expansion Plan Canada NewsWire Long-term Expansion plan will increase Venture Global's production to more than 100MTPA across its current and future proj...
Long-term expansion plan will increase Venture Global’s production to more than 100 MTPA across its current and future projects both in and outside of Louisiana SINGAPORE, Sept. 04, 2023 (GLOBE NEWSWIRE) -- Today, Venture Global LNG announced its long-term expansion plan to incre...
Shares of Baker Hughes Company (NASDAQ: BKR) traded at a new 52-week high today and are currently trading at $36.95. So far today, approximately 3.26M shares have been exchanged, as compared to an average 30-day volume of 4.83M shares. Baker Hughes Company provides a portfolio of technologies...
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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...