Thread regarding Baker Hughes layoffs

Baker Hughes has grossly underperformed the SPDR S&P 500 ETF (SPY) since April 13, 2017.one-year returns were -22% With oil price at a all time

Baker Hughes, a GE Company’s (BHGE), one-year returns were -22% as of April 12, 2018. In comparison, since April 13, 2017, the Energy Select Sector SPDR ETF (XLE) increased ~2%. XLE tracks an index of US energy companies. The VanEck Vectors Oil Services ETF (OIH) recorded -12% one-year returns. OIH tracks an index of 25 oilfield equipment and services (or OFS) companies. So BHGE underperformed XLE and OIH in the past year.

Baker Hughes has grossly underperformed the SPDR S&P 500 ETF (SPY) since April 13, 2017. SPY gave 14% returns in the past year. BHGE accounts for 0.06% of SPY.

by
| 1018 views | | 9 replies (last ) | Reply
Post ID: @OP+SJ6BsRN

9 replies (most recent on top)

Oil is not at all time highs.

by
| | Reply
Post ID: @7wni+SJ6BsRN

Get Halliburton managers to replace the joke managers in BH Aberdeen. Biggest bunch a useless know nothing.

by
| | Reply
Post ID: @2shn+SJ6BsRN

Now that stoneywood management has run that dept in the ground, what’s next? Bunch of numpties.

by
| | Reply
Post ID: @2xgp+SJ6BsRN

You put monkeys in management then this is the result. Absolute shambles in Aberdeen.

by
| | Reply
Post ID: @1pam+SJ6BsRN

We are just giving the others a little headstart because they need it.

by
| | Reply
Post ID: @1uxf+SJ6BsRN

It's a total joke just how bad we are doing when you see the chart for this information with oil up over 20% over the same period and almost every other service company making hundreds of millions BHGE IS still losing so much money and contracts and under performing.

Definitely now the worst of all the service companies and use to be one of the best , name staff and tools All bottom of the pile.

by
| | Reply
Post ID: @1jry+SJ6BsRN

Useless employees, useless management. You want quality call schlumberger.

by
| | Reply
Post ID: @ljv+SJ6BsRN

Stop calling us management

by
| | Reply
Post ID: @xkv+SJ6BsRN

Useless management clowns at baker Aberdeen kick them out

by
| | Reply
Post ID: @ovq+SJ6BsRN

Post a reply

: