Whats going on? Schlumbger 150 million profit, weatherford 80 million profit and BHGE minis 19 million...
We have now lost money for 32 months straight and we wonder why were a laughing stock.
15 replies (most recent on top)
BHGE is losing money big time. That’s why they pay peanuts and stopped the pension. Too many contracts lost in last few years and Ge had enough of this mess. The bs on here is unbelievable.
Fake nooz. These grunts are uneducated.
I don’t think the CFO of Baker bought his degree in India
Clearly the man knows his numbers more than some others I can think of
Can buy bucketload of accounting degrees for coupla rupees in some places
As a qualified and chartered financial accountant I can confirm that Baker are profitable and do not lose money. End of story.
Time to invest and take advantage of a great share price with massive growth potential in next 18 months
There’s always some clown talking up BH. Reality is it has hit rock bottom with all the contracts lost becuz of bad performance and bad decisions. North Sea is a good example. Wake up for crissake. So much bs on here.
As for Baker Hughes, overseas orders in its biggest business unit increased by 8 percent during the April-to-June period, ahead of the 7 percent growth rate in its home North American market.
8 % growth in 3 months = 24% in a year and growing more quickly on the back of the global oil recovery
This is the real story of Baker results
Well done - truly frickin awesome!
Hahaha - it’s so obvious this is a made up story
Nice try
Everthing is bs in this mess but incompetent managers in aberdeenn is not. Thats why they kicked them out an bring Norway mgrs in. That’s fact .
This is a BS story. Here in Midland Texas we had a record revenue month every month since the beginning of the year with record profits. We are the biggest and best frackers our there right now bubba
Absolute nonsense fake story written by people who don’t have a clue about accounting reporting.
Baker is in rude health making more profits that SLB and HAL combined not too mention all the business we have been winning from them. You don’t do that if you are a company losing money.
look att the mess in Aberdeen. managers out of their depth lost a shedload of works because they weren’t up to the job. you put rubbish in charge yu get rubbish results
Only one joke and that’s you
It's embarrising that were the worst service company in the market only a few years ago we were on top and now we're a joke.
How can weatherford go from a few years ago on the verge on bancurpancy and now are pulling in 5x the revenues of BHGE and be a smaller company.
I keep thinking we can't sink any lower then every 3 months proved wrong.
More pay cuts to come more redandcy and no one else to blame.
Bad management. Bad decisions. Poor education.