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Baker Hughes Value Stock - Dividend - Research Selection

Baker hughes

ISIN: US05722G1004 , WKN: A2DUAY

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Description of the company

Baker Hughes, a GE company provides integrated oilfield products, services, and digital solutions worldwide. Its Oilfield Services segment offers drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, completions tools and systems, wellbore intervention tools and services, artificial lift systems, pressure pumping systems, and oilfield and industrial chemicals for integrated oil and natural gas, and oilfield service companies for onshore and offshore operations. Its Oilfield Equipment segment designs and manufactures onshore and offshore drilling and production systems; equipment for floating production platforms; deepwater drilling equipment; subsea production systems; and flexible pipe products for operating environments. It also provides installation and decommissioning solutions; various services and solutions related to onshore and offshore drilling activities; and services for installation, technical support, and well access to oil and gas field developers, and drilling and oil companies. Its Turbomachinery & Process Solutions segment designs, manufactures, maintains, and upgrades rotating equipment; offers drivers, driven equipment, and flow control systems, as well as turnkey solutions, such as power generation modules, waste heat/energy recovery, energy storage, modularized small and large liquefaction plants, carbon capture, and storage/use facilities solutions; and provides system upgrades and conversion solutions. This segment serves upstream, midstream, downstream, onshore and offshore, industrial, engineering, procurement, and construction companies. Its Digital Solutions segment provides operating technologies; condition monitoring, inspection technologies, measurement, sensing, and pipeline solutions; and software solutions. It serves through direct and indirect channels. The company is based in Houston, Texas. Baker Hughes, a GE company is a subsidiary of General Electric Company.

The Finanzoo GmbH assumes no liability for the accuracy of the information! All information is provided without warranty. Sources:: www.bundesanzeiger.de, www.sec.gov,


NEWS


UPDATE 1-US gas rig count falls to lowest since January 2022 - Baker Hughes

2024-03-22
U.S. energy firms this week cut the number of natural gas rigs operating to the lowest level since January 2022, energy services firm Baker Hughes said in its closely followed report on Friday. The combined oil and gas rig count, an early indicator of future output, fell by five to 624 in the week to March 22. Baker Hughes said that puts the total rig count down 134, or 18%, below this time last year.

US gas rig count falls to lowest since January 2022 - Baker Hughes

2024-03-22
U.S. energy firms this week cut thenumber of natural gas rigs operating to the lowest level sinceJanuary 2022, energy services firm Baker Hughes said inits closely followed report on Friday. ...

Baker Hughes reports U.S. rig count down 5 to 624 rigs

2024-03-22
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CERAWEEK-LNG growth to be met by other countries if US walks away -Baker Hughes CEO

2024-03-21
If the U.S. pulls back from permitting new liquefied natural gas (LNG) export plants, demand for the fuel will still be met from projects in Qatar, Argentina and Africa, the CEO of Baker Hughes, the world's largest provider of equipment for the LNG sector, said on Thursday. The Biden administration in January paused new export permits for LNG projects to study the impact of further expansion, a move that has drawn criticism from LNG companies and their advocates. "We believe by 2030 there needs to be an installed base capacity of LNG of 800 million tons per annum and either through U.S. projects or international projects," Baker Hughes CEO Lorenzo Simonelli said in an interview on the sidelines of CERAWeek conference in Houston.

Journey Energy May Have A Challenging 2024 In The Face Of Lower Production

2024-03-21
Journey Energy is undergoing a major organizational transformation, cutting back on drilling activities. Read my earnings analysis of JRNGF stock here.

Global upstream oil and gas spending poised to hit $555B in 2024 - JPM

2024-03-21
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(BKR) - Analyzing Baker Hughes's Short Interest

2024-03-21
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10 NASDAQ Stocks with Biggest Upside

2024-03-20
In this article, we discuss the 10 NASDAQ stocks with the biggest upside. To skip our detailed analysis, go directly to the 5 NASDAQ Stocks with Biggest Upside. The Nasdaq Composite was the worst performer among the major market indices in 2022 and made a stellar comeback in 2023. The index was down 33% at […]

Baker Hughes: Strong Aftermarket Growth and Undervalued Stock Justify Buy Rating

2024-03-20
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Permian Oil Rig Count Increases in 3 of Prior 5 Weeks

2024-03-19
In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has increased in three of the prior five weeks.