Baker Hughes Buoyed by USLNG

Offshore, LNG Buoy Baker Hughes in Third Quarter (Chron, Subscription)
Sergio Chapa (Oct. 30): In an early Wed. (Oct. 30) morning statement, Baker Hughes reported posting a $57 million profit for shareholders on nearly $5.9 billion of revenue during the third quarter. The figures were higher compared to the $13 million net income for shareholders on nearly $5.7 billion of revenue during the third quarter of 2018. [For “bright spots” the company pointed to offshore and LNG.]

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