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2014-04-18 18:02:00

BAKER HUGHES UP

BAKER  HUGHES  UP

BAKER  HUGHES published their results 1Q 2014.

1Q 2013 / 1Q 2014:

  • REVENUE UP from $5.2B to $5.7B, $0.5B, 9.6%;
  • NET INCOME UP from $267M to $328M, $61M, 22.8%;
  • EBITDA UP from $893M to $1.05B, $154M, 17.2%;

NORTH AMERICA:

  • REVENUE UP from $2.6B to $2.8B, $0.2B, 7.7%;
  • PROFIT UP from $235M to $300M,  $75M, 31.9%;

MIDDLE EAST / ASIA PACIFIC:

  • REVENUE UP from $894M to $1.1B, $214M, 23.9%;
  • PROFIT UP from $116M to $141M,  $25M, 21.6%;

EUROPE / AFRICA / RUSSIA CASPIAN:

  • REVENUE UP from $854M to $996M, $142M, 16.6%;
  • PROFIT UP from $93M to $148M,  $55M, 59.1%;

LATIN AMERICA:

  • REVENUE DOWN  from $590M to $530M, $60M, 10.2%;
  • PROFIT DOWN from $72M to $58M,  $14M, 19.4%;

bakerhughes.com

Tags: BAKER, HUGHES

Chronicle:

BAKER  HUGHES  UP
2018, June, 20, 12:45:00

NORWAY'S OIL PRODUCTION 1.629 MBD DOWN 236 TBD

NPD - Preliminary production figures for May 2018 show an average daily production of 1 629 000 barrels of oil, NGL and condensate, which is a decrease of 236 000 barrels per day compared to April.

BAKER  HUGHES  UP
2018, June, 20, 12:40:00

LIBYA'S OIL PRODUCTION DOWN 400 TBD

PLATTS - Libyan crude production has fallen around 400,000 b/d -- or nearly halved -- due to militia attacks on the eastern oil terminals of Ras Lanuf and Es Sider, the head of the country?s National Oil Corp. said Tuesday.

BAKER  HUGHES  UP
2018, June, 20, 12:35:00

VENEZUELA'S OIL PRODUCTION DOWN

PLATTS - Venezuela's crude output averaged 1.36 million b/d in May, down from 1.41 million b/d in April, and 1.9 million b/d in May 2017, according to S&P Global Platts. The International Energy Agency said it could fall to 800,000 b/d or even lower next year.

BAKER  HUGHES  UP
2018, June, 20, 12:30:00

NIGERIAN OIL SALES

PLATTS - Nigerian oil has been slow to sell this month as bidders for the country's July-loading heavy and light sweet crudes have been absent from the market. Market participants pegged the amount of unsold Nigerian barrels loading in July at 20 million-34 million barrels, amounting to roughly 40%-75% of what is produced in a month.

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