Tag: $Baker Hughes

Baker Hughes beats quarterly profit estimates on natgas technology demand

U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Thursday, as robust demand for natural gas equipment and services helped offset weak sales of its drilling gear in North America.

Baker Hughes beats quarterly profit estimates

July 19 (Reuters) – U.S. oilfield technology firm Baker Hughes (BKR.O) beat second-quarter profit estimates on Wednesday, helped by strong demand for its services and equipment as exploration activities remained resilient despite lower oil prices.