I'm thrilled to share Baker Hughes' fourth quarter and total year 2023 earnings! It's been another fantastic year for our organization - thanks to the hard work, passion, and commitment of our entire team. Congratulations to everyone across Baker Hughes who made this possible! Results highlights: ✔️ We maintained strong order performance in both our Industrial & Energy Technology and Oilfield Services & Equipment business segments, with large awards in drilling and completions, offshore, and LNG, reflecting the strength of our offerings and breadth of capabilities. ✔️Our teams expanded the reach of our digital solutions, continuing to drive more intelligent operations for our customers. ✔️We supported the progress of new energy following a strong year of geothermal, hydrogen, and CCUS awards, totaling $750 million for the year. You can learn more in this great article in MarketWatch, which looks into our strong order performance 👉 https://lnkd.in/g4rvUqgC #WeAreBakerHughes #EnergizingChange #Energy #Earnings #EnergyForward #EnergyTechnology #Sustainability #LNG #CCUS #Hydrogen #Geothermal #EnergyTransition
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I'm thrilled to share Baker Hughes' fourth quarter and total year 2023 earnings! It's been another fantastic year for our organization - thanks to the hard work, passion, and commitment of our entire team. Congratulations to everyone across Baker Hughes who made this possible! Results highlights: ✔️ We maintained strong order performance in both our Industrial & Energy Technology and Oilfield Services & Equipment business segments, with large awards in drilling and completions, offshore, and LNG, reflecting the strength of our offerings and breadth of capabilities. ✔️Our teams expanded the reach of our digital solutions, continuing to drive more intelligent operations for our customers. ✔️We supported the progress of new energy following a strong year of geothermal, hydrogen, and CCUS awards, totaling $750 million for the year. You can learn more in this great article in MarketWatch, which looks into our strong order performance 👉 https://lnkd.in/gkbJKW9U #WeAreBakerHughes #EnergizingChange #Energy #Earnings #EnergyForward #EnergyTechnology #Sustainability #LNG #CCUS #Hydrogen #Geothermal #EnergyTransition
MarketWatch: Baker Hughes 4Q Profit Jumps Amid Revenue Growth
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I'm thrilled to share Baker Hughes' fourth quarter and total year 2023 earnings! It's been another fantastic year for our organization - thanks to the hard work, passion, and commitment of our entire team. Congratulations to everyone across Baker Hughes who made this possible! Results highlights: ✔️ We maintained strong order performance in both our Industrial & Energy Technology and Oilfield Services & Equipment business segments, with large awards in drilling and completions, offshore, and LNG, reflecting the strength of our offerings and breadth of capabilities. ✔️Our teams expanded the reach of our digital solutions, continuing to drive more intelligent operations for our customers. ✔️We supported the progress of new energy following a strong year of geothermal, hydrogen, and CCUS awards, totaling $750 million for the year. You can learn more in this great article in MarketWatch, which looks into our strong order performance 👉 https://lnkd.in/diZdPidn #WeAreBakerHughes #EnergizingChange #Energy #Earnings #EnergyForward #EnergyTechnology #Sustainability #LNG #CCUS #Hydrogen #Geothermal #EnergyTransition
MarketWatch: Baker Hughes 4Q Profit Jumps Amid Revenue Growth
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EnergyRogue.com | Empowering Energy Professionals with Strategic Insights and Market Research | Energy Market Expert
This article discusses: Baker Hughes reported a strong Q4 in 2023, with revenues rising to $6.84 billion, marking a 3% increase quarter over quarter and a notable 14% increase year over year. This robust performance surpassed estimates, showcasing the company's growth potential and resilience. The surprising revenue increase was likely driven by effective strategies and demand in their sector. Given this increase, what underlying strategies could have contributed to such impressive growth, and how might they sustain this progress moving forward? #BakerHughes #RevenueGrowth #BusinessPerformance https://lnkd.in/ghzKvmgU https://lnkd.in/gHFkmCdw ---------------------------------- Go Rogue and focus on the WHY on Energy Markets…. Rogue Edge® Members already know…. Sign up here: https://lnkd.in/gvPx5WDr About Energy Rogue: https://energyrogue.com/ Energy Rogue® provides a state of the art fundamental and technical analytics platform for the energy industry focused on Oil, Natural Gas, Power and Natural Gas Liquids. Risk ---------------------------------- If you want to learn more: 1. drop us a line at [email protected] 2. join Rogue Edge TODAY: https://lnkd.in/gvPx5WDr Disclaimer - The summary and image provided here are generated using artificial intelligence (AI) based on the content of the original article.
Baker Hughes Beats Estimates on Strong Revenue
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EAG's latest thoughts on the continued consolidation in O&G business...
Energy Advisors Group has released an A&D Deal Alert as consolidation has continued thus far in 2Q24. This is a continuation of our Market Monitor Series and thought leadership efforts. The full 19-page Special Report highlights three consolidation deals: - ConocoPhillips buys Marathon Oil Corporation for $22.5 billion - Crescent Energy buys SilverBow Resources for $2.1 billion (Eagle Ford) - Aethon Energy buys Tellurian Inc.'s Haynesville assets for $260 million Download The 2Q24 Deal Alert Report Here: https://lnkd.in/gg5My_B2 Please reach out to Brian J. Lidsky ([email protected]) or Blake Dornak ([email protected]) to learn more about this report or any of EAG's other market monitor research studies. We are working hard to expand our thought leadership and look forward to providing additional market insight for our clients through regional perspectives, M&A analysis and market monitor. Current Assignments: https://lnkd.in/epPqcEZ Qualifications & Capabilities: https://lnkd.in/gUKH7wuV Research/Perspectives: https://lnkd.in/g6mjMQ8p #mergersandacquisitions #capitalmarkets #research #consolidation #deals
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Energy Advisors Group has released an A&D Deal Alert as consolidation has continued thus far in 2Q24. This is a continuation of our Market Monitor Series and thought leadership efforts. The full 19-page Special Report highlights three consolidation deals: - ConocoPhillips buys Marathon Oil Corporation for $22.5 billion - Crescent Energy buys SilverBow Resources for $2.1 billion (Eagle Ford) - Aethon Energy buys Tellurian Inc.'s Haynesville assets for $260 million Download The 2Q24 Deal Alert Report Here: https://lnkd.in/gg5My_B2 Please reach out to Brian J. Lidsky ([email protected]) or Blake Dornak ([email protected]) to learn more about this report or any of EAG's other market monitor research studies. We are working hard to expand our thought leadership and look forward to providing additional market insight for our clients through regional perspectives, M&A analysis and market monitor. Current Assignments: https://lnkd.in/epPqcEZ Qualifications & Capabilities: https://lnkd.in/gUKH7wuV Research/Perspectives: https://lnkd.in/g6mjMQ8p #mergersandacquisitions #capitalmarkets #research #consolidation #deals
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OT Security Catalyst | Thought Leadership | Growth Mentor & Strategist | SCADA/ICS | OT Solution Architect | Industrial Networking | Cybersecurity Professional | CEH | Sec+ | PGDBM-Emeritus Scholar | Views are Personal !
It's been a strong quarter for our team! Our revenue was $7.1 billion and we recorded an impressive $7.5 billion in orders. Congratulations to all of my colleagues across Baker Hughes who work relentlessly to energize change and take energy forward! Check out this article from Upstream to learn more 👇. #WeAreBakerHughes #Upstream #BakerHughes #Finance #Earnings #EnergizingChange #Energy #BHIndia #BakerHughesIndia
Upstream: Baker Hughes beats second quarter expectations with higher revenue haul
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Alright folks here is our official The Schneider Capital Group (TSCG) 'Summer of M&A' Series Bingo card. These are not random transactions. They were derived from our most recent 2024 #energy M&A Outlook survey. We have run full accretion/ dilution math on all of these focusing on 2025E+ 1) FCF/ share; 2) Leverage/ Balance Sheet; 2) EPS; and 4) EBITDA per share. Check out the website for full details or let us know if you are interested in seeing the numbers. https://lnkd.in/e7wvaT2M I am including a few freebies on the card highlighted in green. Not all of these hypothetical combos make sense. But many do. Some of the most accretive transactions (on paper) likely will never happen. Some of the less accretive ones very well might... #capitalmarkets #oil #naturalgas #cleantech Williams/ Plains All American/ EOG Resources/ Devon Energy/ Targa Resources/ Western Midstream/ Kinder Morgan, Inc./ Oxy/ Cheniere Energy, Inc./ Permian Resources/ Coterra Energy/ ONEOK/ ConocoPhillips/ bp/ EnLink Midstream/ Matador Resources Company/ Marathon Oil Corporation/ MPLX GP LLC/ Phillips 66/ Gulfport Energy Corporation/ EQT Corporation/ Antero Resources/ Range Resources/ Shell/ Enterprise Products/ Energy Transfer/ Kinetik/ Diamondback Energy/ Vital Energy/ Chevron/ Apache Corporation/ Tellurian Inc./ Ovintiv/ TotalEnergies Think I got them all... As always, interested in your thoughts! Timm
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News just in! Baker Hughes has released it's Q2'24 Earnings and it's been a great quarter for our organization thanks to the hard work, passion and commitment of our entire team. Here's what you need to know: 💲 Revenue $7.1B 📈Orders $7.5B ➡️ EBITDA $1.1B Check out this article from Upstream to learn more 👇. #WeAreBakerHughes #Upstream #BakerHughes #Finance #Earnings #EnergizingChange #Energy
Upstream: Baker Hughes beats second quarter expectations with higher revenue haul
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News just in! Baker Hughes has released it's Q2'24 Earnings and it's been a great quarter for our organization thanks to the hard work, passion and commitment of our entire team. Here's what you need to know: 💲 Revenue $7.1B 📈Orders $7.5B ➡️ EBITDA $1.1B Check out this article from Upstream to learn more 👇. #WeAreBakerHughes #Upstream #BakerHughes #Finance #Earnings #EnergizingChange #Energy
Upstream: Baker Hughes beats second quarter expectations with higher revenue haul
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News just in! Baker Hughes has released it's Q2'24 Earnings and it's been a great quarter for our organization thanks to the hard work, passion and commitment of our entire team. Here's what you need to know: 💲 Revenue $7.1B 📈Orders $7.5B ➡️ EBITDA $1.1B Check out this article from Upstream to learn more 👇. #WeAreBakerHughes #Upstream #BakerHughes #Finance #Earnings #EnergizingChange #Energy
Upstream: Baker Hughes beats second quarter expectations with higher revenue haul
upstreamonline.com
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