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The merger of Baker Hughes’ (NYSE: BKR) Subsea Drilling Systems business (SDS) and Akastor ASA’s (Oslo: AKAST) wholly-owned subsidiary, MHWirth AS (MHWirth), has been completed to form a global offshore drilling equipment company . The new company will be known as HMH ...
Baker Hughes has been dead money since the oil peak of 2014. The average energy stock has zero capital gains since 2005. However, the need for capital expenditures in the industry is rising, providing investors with an interesting 'value' opportunity. The company's valuation is ch...
Baker Hughes (NYSE: BKR) will hold a webcast on Wednesday, October 20, 2021 to discuss the results for the third quarter ending September 30, 2021. The webcast is scheduled to begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). A press release announcing the results will be issued...
The rising demand for oil & gas equipment and services, owing to increased extraction activities across the major oil-producing countries, is expected to drive the industry’s long-term growth. Both Schlumberger Limited (SLB) and Baker Hughes Company (BKR) are well-placed to benefit...
The following slide deck was published by Baker Hughes Company in conjunction with this event. For further details see: Baker Hughes (BKR) Presents At Barclays CEO Energy Power Conference 2021 - Slideshow
Point Roberts, WA and Vancouver, BC - September 15, 2021 (Investorideas.com Newswire) Investorideas.com ( www.investorideas.com ), a global investor news source covering Artificial Intelligence (AI) brings you today's edition of The AI Eye - watching stock news, deal tracker and adv...
Energy (XLE +3.2%) is the clear leader among today's S&P industry sectors, supported by a 3.4% surge in WTI October crude oil (CL1:COM) to $72.86/bbl, rising for the fourth straight session to its strongest level since late July. Both WTI and Brent crude (CO1:COM), +3% to $75.85/bbl, are ...
Updated estimates on oil equipment/services companies have led to new price targets from UBS - but still a clear favorite and least favorite among the names. The bank is updating models to account for several factors, including not only new company guidance and developments but also "incremen...
MEG Energy has successfully deployed the BakerHughesC3.ai (BHC3) enterprise AI application BHC3 Production Optimization for maximizing upstream oil and gas production and recovery BHC3’s enterprise artificial intelligence and machine learning capabilities add predictive int...
With bans in place both at the state and national levels, there will be no more large-scale pipeline projects built in the US for at least the next 3-5 years. LNG has risen to 51% of US Natural Gas Exports. Like oil, natural gas has cash and futures markets. For further deta...
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2024-07-30 04:34:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Golf tournament benefits hospital's newborn center & neonatal intensive care unit Event has raised more than $7 million since 1998 to enhance innovation and excellence in the research, treatment and care of infants HOUSTON, TX / ACCESSWIRE / July 29, 2024 / Baker Hughes is pleas...
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. ...