Near And Long Term Drivers
We have already discussed Baker Hughes’s (BKR) Q4 2024 financial performance in our recent article. Here is an outline of its strategies and outlook. In 2025, a number of challenges await BKR, including lower growth in European and Chinese economies and geopolitical uncertainties. On the other hand, the demand spurt would emanate from higher power consumption, which would accelerate natural gas and LNG demand. This would stimulate demand for its natural gas-levered products and solutions.
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