• 3 minutes Boris Johnson taken decision about 5G Huawei ban by delay (fait accompli method)
  • 6 minutes This Battery Uses Up CO2 to Create Energy
  • 10 minutes Phase One trade deal, for China it is all about technology war
  • 12 minutes Trump has changed into a World Leader
  • 8 hours Indonesia Stands Up to China. Will Japan Help?
  • 1 hour We're freezing! Isn't it great? The carbon tax must be working!
  • 48 mins Shale Oil Fiasco
  • 15 hours Might be Time for NG Producers to Find New Career
  • 1 hour Environmentalists demand oil and gas companies *IN THE USA AND CANADA* reduce emissions to address climate change
  • 18 hours Angela Merkel take notice. Russia cut off Belarus oil supply because they would not do as Russia demanded
  • 12 hours Anti-Macron Protesters Cut Power Lines, Oil Refineries Already Joined Transport Workers as France Anti-Macron Strikes Hit France Hard
  • 8 hours Beijing Must Face Reality That Taiwan is Independent
  • 14 hours Tesla Will ‘Disappear’ Or ‘Lose 80%’ Of Its Value
  • 19 hours China's Economy and Subsequent Energy Demand To Decelerate Sharply Through 2024
  • 1 day US Shale: Technology
  • 2 days Swedes Think Climate Policy Worst Waste of Taxpayers' Money in 2019
Alt Text

The Shipping Industry’s $1 Trillion Problem

The global shipping industry is…

Alt Text

The Hottest Energy Conflict Right Now

Belarus has just bought two…

David Messler

David Messler

Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and…

More Info

Premium Content

This Oilfield Services Company Is Significantly Undervalued

Oilfield service (OFS) companies have lost their luster, given the malaise that hangs over the oilfield service space at the present. Quite simply, the OFS space needs a catalyst to give investors confidence in its ability to generate profits. .vemba-player-sticky{ min-width: 800px; z-index: 100000; }

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. That said, I think there are several drivers emerging for Baker Hughes General Electric, NYSE: BHGE, to post increased profits and cash flow.

It is worth noting that we are well on the way to the second half of the year, so we should begin to see some improvement when Q-2 numbers are announced. So, let's take a look at several long term theses that might change the trajectory of Baker Hughes stock.

LNG plant constructionGrowth in the subsea tree marketDigitalization of oilfield data managementElectrification of frac pumps in the Permian

The Growth Thesis for LNG

This is the strongest short term hydrocarbon thesis out there; in part, because it is the one form of hydrocarbon energy the “Greens” will haltingly accept in their view of the future's energy mix.

The great truth that drives this market…




Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play