Thread regarding Baker Hughes Inc. layoffs

So is PP worth keeping in the BHI portfolio, or should it be moved along at the highest price. What you think guy and girl plumpers?

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Post ID: @OP+JRxQYcW

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PP has had one job, lasting 48hrs, in the last 5 weeks from the Odessa base. 87 PP employees spending days washing and cleaning equipment. Grim and soul destroying it is my friend.

Fact and true

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Post ID: @3vwy+JRxQYcW

PP has had one job, lasting 48hrs, in the last 5 weeks from the Midland base. 87 PP employees spending days washing and cleaning equipment. Grim and soul destroying it is my friend.

This is indeed false information. PP is gaining a lot of work in the Permian. They are even bringing in personnel from other locations to help support the workload. Also, there is no Midland base. It's in Odessa. If you're going to try & spread negative info, try to be better at it.

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Post ID: @3hbr+JRxQYcW

PP has had one job, lasting 48hrs, in the last 5 weeks from the Midland base. 87 PP employees spending days washing and cleaning equipment. Grim and soul destroying it is my friend.

NOT TRUE PP is very busy in the Permian Basin , Please tell the truth !

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Post ID: @2wcm+JRxQYcW

PP has had one job, lasting 48hrs, in the last 5 weeks from the Midland base. 87 PP employees spending days washing and cleaning equipment. Grim and soul destroying it is my friend.

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Post ID: @1jhb+JRxQYcW

IS PP getting any business at all , I know it takes a lot of money to run PP . Can someone please comment truthfully . It seems so grim.

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Post ID: @1lqq+JRxQYcW

Oh fit a braw day yesterday at bod

I must thank our leader Chris for a lovely meal and that we go the year without any recordables bakerhughes is a number one company to work for. 👍

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Post ID: @1bvb+JRxQYcW

I see no future for PP with the depressed market. BHI should move PP on asap. PP is becoming the BHI ball and chain. Should never have purchase in first place, bad bad decision.

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Post ID: @1plc+JRxQYcW

If they knew what they were doing they'd liquidate PP at the earliest sign of rising oil prices.

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Post ID: @ejd+JRxQYcW

Ain't going to happen , unless William Stewart leaves as a director . There have been changes in his life so he could step down . Baker Hughes still believes they can salvage PP but what was once a true innovative and engineering driven company ( BJ Services ) has become a commodity company . Baker cannot figure out how to make a profit from PP. Investors are going to recommend Baker Hughes to move some parts of the company but we don't know if PP any longer has a true value in the market . There will always be HAL domestic and SLB Int. Without a better mousetrap it is hard to compete in an aggressive way . The independents are fighting in a regional way and are very successful.

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Post ID: @ivv+JRxQYcW

Plumper pumpers, I like that.

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Post ID: @ozq+JRxQYcW

Sell, sell, sell yee haw

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Post ID: @eoz+JRxQYcW

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