Baker Hughes General Electric: Leveraging Technology For Growth [Seeking Alpha]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: Seeking Alpha
Baker Hughes General Electric: Leveraging Technology For Growth Introduction It is perhaps noteworthy that no one has written an article on Baker Hughes General Electric ( BHGE Source: Seeking Alpha, chart by author You might think that the run up in oil prices might be such a catalyst, but that hasn't really been the case. Oil has regained most of its loss since Dec. 24th, while OFS cos still have to regain levels lost last fall when oil prices tanked due to the dilution of Iranian sanctions. There is no question that these companies are oversold at current levels. But it's hard to get excited about the OFS space when they tell us (as they do) that no increases in business are expected before the second half of the year. And, that's certainly reflected in the stock prices. That said, I think there are several drivers emerging for BHGE to post increased profits and cash flow. And, of course, we are well on the way to the second half of the year. So, let's take a look at three drivers
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