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|View BHI Detailed Price Forecast - CNN Money||View BHI Detailed Summary - Google Finance|
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|View BHI Trends & Analysis - Trade-Ideas||View BHI Major Holders - Barrons|
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GE's Baker Hughes adjusted profit beats on higher North America demand
Posted on Wednesday January 24, 2018
General Electric (GE.N) and Baker Hughes closed a merger of their oilfield services businesses in July, and Wednesday's report was the second combined earnings release for the newly formed company. GE's Baker Hughes reported revenue of $5.76 billion in the fourth quarter, up 7 percent sequentially but down 3 percent from a year ago on a combined basis. Excluding items, Baker Hughes earned 15 cents per share, beating analysts' average estimate by 1 cent.
Baker Hughes, a GE Company's Shares Didn't REALLY Drop 51% in 2017, but It Was Still a Bad Year
Posted on Wednesday January 10, 2018
The merger between Baker Hughes and GE's oil and gas assets wasn't responsible for a 33% price decline by itself.
Should You Be Tempted To Sell Baker Hughes a GE company (NYSE:BHGE) Because Of Its PE Ratio?
Posted on Tuesday January 09, 2018
Baker Hughes a GE company (NYSE:BHGE) is currently trading at a trailing P/E of 49.4x, which is higher than the industry average of 22.6x. Although some investors may jump toRead More...
Louisiana Sees Decline in Onshore & Offshore Rig Count
Posted on Tuesday January 09, 2018
The total number of rigs, exploring oil and natural gas, fell for two weeks in a row.