Baker Hughes is among the world’s largest Oil and Gas Equipment and Services sector businesses in the world. Baker Hughes’s employees generate $2.454B in profits on $9.438B of revenue. Global output in the Oil and Gas Equipment and Services business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Baker Hughes is determined to remain a market leader. Sectoral leadership in the Oil and Gas Equipment and Services segment takes dedication and consistency, but management seeks out-sized growth.
Baker Hughes’s ticker symbol BHI has recently been trading near $84.98 a share. The Baker Hughes corporate headquarters in Houston, TX predicts Oil and Gas Equipment and Services profits will satisfy shareholders in search of risk-appropriate returns.
The significance of market volume is sometimes ignored, but with a total market capitalization of $27.222B ensures sufficient liquidity. With a beta of 1.14, the company is more volatile than the market as a whole. When the average equity moves higher, Baker Hughes moves more aggressively.
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