Post Tagged with: "BHGE"

GE’s Baker Hughes Beats Estimates on International Demand, LNG Drilling

GE’s Baker Hughes Beats Estimates on International Demand, LNG Drilling

From Reuters


General Electric Co’s oilfield services arm, Baker Hughes, beat quarterly profit estimates on Wednesday, driven by higher LNG drilling and demand for its oilfield services in international markets, sending its shares up nearly 6%.

Revenue in the oilfield …

New VP of Investor Relations at Baker Hughes

New VP of Investor Relations at Baker Hughes

By Tyler Losier, Energy Reporter, Oil & Gas 360

Jud Bailey named vice president of investor relations at Baker Hughes General Electric
Baker Hughes (stock ticker: BHGE), an oilfield services company owned by General Electric (stock ticker: GE), has appointed

Baker Hughes GE Announces First Quarter 2018 Results

Baker Hughes GE Announces First Quarter 2018 Results

  • Orders of $5.2 billion for the quarter, down 8% sequentially and up 9% year-over-year on a combined business basis*
  • Revenue of $5.4 billion for the quarter, down 7% sequentially and up 1% year-over-year on a combined business basis
  • GAAP operating
Baker Hughes Names Simonelli Chairman after Immelt Departs GE Early

Baker Hughes Names Simonelli Chairman after Immelt Departs GE Early

Flannery takes over as GE’s chairman

GE surprised a few people yesterday announcing that Jeff Immelt had stepped down Oct. 2 as the company’s chairman, a move that was originally scheduled for Dec. 31, 2017.

John Flannery, who was formerly …