Global Supply Chain Contagion Hits Oil Service Firm Baker Hughes Earnings

Energy services company Baker Hughes,reported weaker than expected third quarter earnings on Wednesday before the market open. Oilfield services were negatively impacted by Hurricane Ida and supply chain problems. $BKR peers Halliburton reported Monday and Schlumberger reports Friday.

Baker Hughes GE Gives Robust Macro Outlook For Oil and LNG

Energy services company Baker Hughes, a GE Co. reported second quarter earnings on Friday before the market opened. $BHGE showed a slight miss on weaker revenue but gave a robust outlook on the macro oil structure. Parent General Electric $GE also reported earnings this morning.

Baker Hughes $BHGE Earnings Miss on Challenging Oil and Gas

Energy services company Baker Hughes, a GE Co. $BHGE reported it’s first earnings since the merger with GE’s oil and gas business on Friday before the market opened. They missed on both EPS and revenue. Parent General Electric $GE also reported weaker earnings this morning.