Baker Hughes’s Perspective in Q3: KEY Takeaways
Expects relatively soft oil fundamentals in 2025. Focuses on lowering emissions, energy efficiency and decarbonization technologies. Gas technology equipment and...
Expects relatively soft oil fundamentals in 2025. Focuses on lowering emissions, energy efficiency and decarbonization technologies. Gas technology equipment and...
Financial results can deteriorate in Q4. Long-term outlook for oilfield services remains very constructive. Performance in Canada improved while the...
Q3 revenues decreased nearly across the board but Middle East/Asia bucked the trend Cash flows strengthened as HAL prioritizes cash...
Pricing and activity can deteriorate in Q4. Higher demand for electric and Tier 4 dual fuel and increased deployment can...
Digital sales has boosted SLB's performance with partnerships and collaborations. Margins in the Reservoir Performance and Well Construction segments contracted...
Q4 revenues to decline significantly. Activity can recover marginally in 2025. Revenue increased; EBITDA margin contracted, cash flows turned negative...
Expect revenue and profitability to decline in Q4. A moderate activity recovery expected in 2025. Cash flows turned negative in...
Plans to add two more frac spreads in the short term and deploy more electric assets in the future. Recorded...
Plans to temporarily reduce its deployed frac spreads. Frac pricing can decline due to soft year-end frac activity. LPI commenced...
A cautious approach for FY2025 as the energy price reflects uncertainty and operators exercise capex restraint. A 1.1x book-to-bill ratio...
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