Baker Hughes, a GE company (BHGE)
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Crude prices have tumbled back below an important psychological benchmark, as the global balance of supply and demand remains messy.
Find out which part of the market led the way higher Tuesday.
Baker Hughes BHGE, -0.43% on Friday reported that the number of active U.S. rigs drilling for oil fell by 14 to 719 this week.
Baker Hughes (BHGE) expects the deliveries of equipment to commence in second-half 2020 at the Calcasieu Pass project site.
General Electric Co's oilfield services arm, Baker Hughes, reported a better-than-expected profit, helped by higher LNG markets activity and a rise in international demand for oilfield services, sending its shares up more than 5%.
Baker Hughes (BHGE) delivered earnings and revenue surprises of 5.26% and 3.00%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
The federal government's EIA report revealed that crude inventories rose by 2.2 million barrels for the week ending Jun 7 to a nearly 2-year high.
With the advent of advanced drilling technologies, oil producers are now competitive enough to produce higher volumes despite investing lower capital and employing lesser rigs.
Baker Hughes (BHGE) reported earnings 30 days ago. What's next for the stock?
Baker Hughes, a GE company's (BHGE) CEO Lorenzo Simonelli on Q1 2019 Results - Earnings Call Transcript2019-04-30 16:28
Baker Hughes, a GE company's (BHGE) CEO Lorenzo Simonelli on Q1 2019 Results - Earnings Call Transcript