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Baker Hughes A GE Co (BHGE.N)

BHGE.N on New York Stock Exchange

24.31USD
23 Jul 2019
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Thu, Jul 18 2019

Buyout firm Arcline Investment to buy Baker Hughes unit

Arcline Investment Management, a U.S. private equity firm founded by former Golden Gate dealmaker Rajeev Amara, said on Thursday it would buy a unit of Baker Hughes , General Electric Co's oil-servicing subsidiary.

Buyout firm Arcline Investment to buy Baker Hughes unit

July 18 Arcline Investment Management, a U.S. private equity firm founded by former Golden Gate dealmaker Rajeev Amara, said on Thursday it would buy a unit of Baker Hughes, General Electric Co's oil-servicing subsidiary.

Fed Circuit deals setback to Baker Hughes in fracking patent case

Canadian oil and gas service company Packers Plus Energy Services Inc on Wednesday chipped away at a patent infringement case brought by rival Baker Hughes, a General Electric Company subsidiary.

UPDATE 7-Oil edges up after strong economic data, but ends week lower

* U.S. drillers add oil rigs for first week in three -Baker Hughes

GE's Baker Hughes reports surprise negative free cash flow, shares fall

Baker Hughes reported negative free cash flow for the first quarter at a time energy investors have been pushing companies to aggressively shore up capital for dividends and buybacks, sending its shares down as much as 8.5 percent.

UPDATE 2-GE's Baker Hughes reports surprise negative free cash flow, shares fall

* Negative free cash flow of $419 mln vs estimates of positive $188.5 mln

GE's Baker Hughes first-quarter adjusted profit doubles

April 30 Oilfield services provider Baker Hughes said its adjusted profit doubled in the first quarter, boosted by higher demand for its equipment and services.

U.S. oil drillers make biggest rig cuts in over three months: Baker Hughes

U.S. oil drillers this week cut the most rigs in over three months and reduced the number of oil rigs operating for a second week in a row and for the fifth straight month, as independent producers follow through on plans to cut spending on new drilling and completions.

U.S. drillers cut most oil rigs in a quarter in three years -Baker Hughes

U.S. energy firms this week reduced the number of oil rigs operating to their lowest in nearly a year, cutting the most rigs in a quarter in three years despite a 30 percent hike in crude prices so far in 2019.

UPDATE 1-U.S. drillers cut most oil rigs in a quarter in three years -Baker Hughes

March 29 U.S. energy firms this week reduced the number of oil rigs operating to their lowest in nearly a year, cutting the most rigs in a quarter in three years despite a 30 percent hike in crude prices so far in 2019.

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