follow us like us subscribe contact us
Loading, please wait

GE Oil & Gas: Ambitious Diversity that Pays Off

By Editorial Dept | Fri, 19 April 2013 20:20 | 0

Ambitious acquisitions and a diversity that should have any investor hot and bothered: This is General Electric, and what we’re really eyeing here is the company’s oil and gas segment, GE Oil & Gas.

Here’s why in a nutshell:

•    The company is VERY forward-thinking when it comes to oil and gas, and it’s getting in on every tech avenue out there, from massive LNG projects with a real future to the subsea drilling tech market which is positioned to experience significant growth over the next few years
•    Its diverse portfolio also includes turbomachinery (which is in huge demand), pressure control tech and remote monitoring and diagnostics
•    It is prioritizing research and development most recently with a $110 million global research center to be based in Oklahoma City
•    GE’s Oil & Gas segment is the fastest-growing in the company, with annual 16% revenue growth over the last three years
•    As of the time of writing, GE’s market cap was $244 billion and it was currently trading for $23.46/share, with shares up 12.7% YTD and 34.6% above their 52-week low of $17.43.
•    GE’s diversity is smart and very focused: It’s downsizing its banking operations and divesting stakes and using the cash to acquire companies that complement its industrial businesses

Since…

To read the rest of this article Start a FREE subscription to our premium publication

Oil & Energy Insider - 30 day Free trial

30 day Free trial
A FREE Subscription Includes:
  • Investment advice normally reserved for hedge fund clients.
  • Market & sector research not available anywhere else.
  • Strategic advice from corporate & military intelligence analysts.
  • 9 Weekly Investment / intelligence reports.
  • Full access to all previous reports.
  • 30 days free trial.
Get FREE access to our research for 30 days

An essential resource for all investors in the energy sector whether you're a trader, fund manager or individual investor - this inside look at the energy markets is unlike any other report or service currently available.

About the author

More recent articles by Editorial Dept

Fri 18 July 2014
Too Many Coincidences
Fri 18 July 2014
Goodrich Petroleum Part 2
Fri 18 July 2014
Coal Enters New Phase of Insecurity
Fri 18 July 2014
Global Energy Advisory – 18th July 2014
Fri 18 July 2014
To Frack or Not to Frack