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 Misses Earnings But Optimistic on LNG Outlook
Energy services company Baker Hughes, a GE Co. reported weaker than expected third quarter earnings on Tuesday before the market open a long with Parent General Electric $GE . $BHGE peers Schlumberger and Halliburton have already reported.
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.
US Oil Rigs and Canada Rise Baker Hughes Shows
US oil rigs keep motoring along, Bakers Hughes oil rig count rose 3 to 768 much to the chagrin of OPEC. With oil stable around $50 shale projects keep producing as U.S. exports continue to rise.