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As oil slows, Baker Hughes jumps on LNG bandwagon
Baker Hughes has managed to buck the trend, its stock up by a fifth thanks to its pivot to LNG. Its “gas technology” segment now makes up more than a third of group revenue and is its fastest growing division, with sales up 7 per cent in the quarter ending in June.
Baker Hughes posted strong Q2 results with IET momentum and solid margins, but valuation now looks fair after a rally. Find ...
Baker Hughes expects orders, in relation to this agreement, as the Argent LNG project progresses and reaches Final Investment Decision, further solidifying its key role in Argent LNG’s ...
Additionally, Baker Hughes will provide maintenance services to ensure the long-term reliability and efficiency of these equipment packages. NextDecade Sees BKR's Role as Critical to LNG ...
The carrier reported an adjusted loss of 16 cents per share for the quarter ended June 30, compared to analysts’ estimate of ...
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