Over the next several quarters, Baker Hughes will cash in on booming exports of American liquefied natural gas overseas, but that’s probably a temporary respite, writes rob_cyran:
Baker Hughes said on April 20 that revenue for the first quarter was $4.8 billion, up 1% from the same period last year. Operating income was $279 million, an increase of 70% from the first quarter of 2021.
Chief Executive Lorenzo Simonelli said geopolitical events were exacerbating broad-based inflation and supply pressures for key materials, commodities and labor. He added that he expected the company to benefit from an extended cyclical recovery in upstream gas and oil, as well as longer-term growth in liquefied natural gas.Source: REUTERS/Pilar Olivares
A worker walks inside an oil rig in the offshore Santos Basin in Rio de Janeiro, Brazil September 5, 2018.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stocks making the biggest moves midday: Netflix, M&T Bank, Baker Hughes, IBM & moreThese are the stocks posting the largest moves in midday trading.
Leer más »
Young Brother, Sister Die in Apparent Drowning in Lake HughesUnimaginable tragedy struck a family in Lake Hughes late Monday night, when a young brother and sister — just 3 and 4 years old — were found dead in an apparent accidental drowning.
Leer más »
One child drowns in Lake Hughes, another hospitalizedA young boy died Monday night after he drowned in Lake Hughes. A young girl remains hospitalized.
Leer más »
LASD detectives investigating after 2 young children die in apparent drowning in Lake Hughes areaTwo children are dead after an apparent drowning Monday night in the Lake Hughes area, and an investigation is underway.
Leer más »
Preschool-aged siblings drown in Lake HughesTwo preschool-aged siblings drowned in a pond near their family’s home in Lake Hughes on Monday night, authorities said.
Leer más »
Hobey Baker winner Dryden McKay gets six-month doping banMinnesota State goaltender and Hobey Baker Award winner Dryden McKay has been given a six-month ban for an anti-doping violation.
Leer más »