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2019-08-01 11:40:00

BAKER HUGHES A GE NET LOSS $9 MLN

BAKER HUGHES A GE NET LOSS $9 MLN

BHGEBAKER HUGHES, A GE COMPANY ANNOUNCES SECOND QUARTER 2019 RESULTS

Orders of $6.6 billion for the quarter, up 15% sequentially and up 9% year-over-year

Revenue of $6.0 billion for the quarter, up 7% sequentially and up 8% year-over-year

GAAP operating income of $271 million for the quarter, increased 54% sequentially and increased more than three times year-over-year

Adjusted operating income…

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Tags: BAKER HUGHES, BHGE
Chronicle:
BAKER HUGHES A GE NET LOSS $9 MLN
2019, October, 16, 12:35:00
ADNOC, LUKOIL COOPERATION
The Abu Dhabi Government and the Abu Dhabi National Oil Company, ADNOC, have awarded to a subsidiary of the Russian listed PJSC Lukoil Oil Company, LUKOIL, a five percent stake in the Ghasha ultra-sour gas concession that comprises the Hail, Ghasha, Dalma and other offshore sour gas fields in the Emirate of Abu Dhabi. At the same time, ADNOC, LUKOIL, and the Management Company of Russian Direct Investment Fund, RDIF, signed a framework agreement to explore potential future cooperation in relation to the Ghasha concession.
BAKER HUGHES A GE NET LOSS $9 MLN
2019, October, 16, 12:30:00
U.S. PRODUCTION: OIL + 58 TBD, GAS + 319 MCFD
Crude oil production from the major US onshore regions is forecast to increase 58,000 b/d month-over-month in October from 8,913 to 8,971 thousand barrels/day, gas production to increase 319 million cubic feet/day from 83,693 to 84,012 million cubic feet/day .
BAKER HUGHES A GE NET LOSS $9 MLN
2019, October, 16, 12:20:00
U.S. OIL FOR S.KOREA DOUBLED
South Korea's crude oil imports from the US in September more than doubled from a year earlier, while intakes of Saudi crude dropped 17.6% year on year due to the September 14 attacks on Saudi's major oil facilities,
BAKER HUGHES A GE NET LOSS $9 MLN
2019, October, 16, 12:15:00
NORWAY'S SEPTEMBER PRODUCTION 1.574 MBD
Norway's preliminary production figures for September 2019 show an average daily production of 1 574 000 barrels of oil, NGL and condensate, which is a decrease of 86 000 barrels per day compared to August.
BAKER HUGHES A GE NET LOSS $9 MLN
2019, October, 16, 12:10:00
IMF: THE GLOBAL ECONOMY SLOWDOWN
Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.
BAKER HUGHES A GE NET LOSS $9 MLN
2019, October, 16, 12:05:00
HUNGARY'S GROWTH ABOVE 4%
Hungary's economy is expected to finish 2019 on a strong footing, growing well above 4 percent.
BAKER HUGHES A GE NET LOSS $9 MLN
2019, October, 16, 12:00:00
SERBIA'S GDP UP 4%
Hungary's economy is expected to finish 2019 on a strong footing, growing well above 4 percent.
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