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Energy sector has reversed dramatically, falling close to 25% since. The price of oil has pulled back significantly, which causes compression in gross margins for suppliers. Most industries will breathe a sigh of relief, but energy companies will be in the other camp. Up...
Schlumberger has not kept up with many of its peers so far this year, despite the company boasting strong performance. That strength is likely to continue for the foreseeable future and it could present investors with an opportunity to buy in on the cheap. In all, this business is...
Baker Hughes ( BKR ) released its monthly international rig count report Friday, showing rising rig counts globally ( SLB ), outside of the Middle East ( ARMCO ). In percentage terms, Europe saw the largest jump ( SHEL ), as the continent's rig count reached 87. Still we...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Nasdaq stocks to buy is our topic for today. Many of these widely-followed shares have suffered significant year-to-date (YTD) losses on news of persistent inflation and interest rate hikes. For instance, the tech-heavy ...
Baker Hughes ( NASDAQ: BKR ) said Wednesday it was awarded a contract by Tellurian ( NYSE: TELL ) to provide zero-emissions turbomachinery equipment for two pipelines that will service the proposed Driftwood liquefied natural gas terminal in Louisiana; financial term...
Project underscores Tellurian’s commitment to secure and transport cleaner, more affordable and reliable natural gas Contract marks the first time Baker Hughes will install its Integrated Compressor Line (ICL) decarbonization technology for pipeline compression in Nor...
--News Direct-- Baker Hughes (NASDAQ: BKR) announced today the release of its 2021 Corporate Responsibility Report , outlining actions the company has taken to enhance the sustainability of its operations as it relates to environmental, social and governance (ESG) performance and de...
Energy (NYSEARCA:XLE) was the easy winner in Monday's S&P sector standings, +2.9% compared to the broader S&P 500's -0.3% showing, as crude oil futures rebounded from their recent slide. WTI front-month futures (CL1:COM) settled +1.8% to $109.57/bbl and Brent crude (CO1:COM) closed +1...
The Russian invasion of Ukraine will reshape the global natural gas business forever. As Europe is on its way to decreasing its dependence on Russian natural gas, the demand for international LNG is only going to increase in the following decade. The western sanctions are also goi...
The Energy sector ETF XLE holds a very small number of large-cap oil and gas-related stocks selected from the S&P 500, far fewer than its rivals. Its performance over the past decade has been inconsistent. An equal-weighted holding of just its two top stocks, XOM and CVS, has almo...
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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. ...
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...