Baker Hughes Company: A Better Future Is Likely
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Investment Thesis
Baker Hughes Company (NYSE: BKR) released its first quarter 2021 results on April 21, 2021, reporting a better-than-expected adjusted income of $0.12 per share.
This surprise on the upside was due to the Turbomachinery & Process Solutions business unit which performed well this quarter compared to a year ago. Also, the company managed better cost productivity. Baker Hughes is comparable to Schlumberger (NYSE: SLB) and Halliburton (NYSE:…
