Baker Hughes: The Energy Bull Market Is Here To Stay

Jan. 24, 2023 1:13 PM ETBaker Hughes Company (BKR)4 Comments
Leo Nelissen profile picture
Leo Nelissen
20.96K Followers

Summary

  • Baker Hughes just released its fourth-quarter earnings, which covered its financials and its energy outlook.
  • The company reported good numbers and is on the path to maintaining an impressive margin and revenue expansion in both of its business segments.
  • BKR sees long-term energy demand growth, tight supply growth, and momentum in New Energy segments.
  • The stock is attractively valued, offering up to 40% upside.
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Introduction

It's time to talk about Baker Hughes (NASDAQ:BKR). What used to be a General Electric (GE) holding between 2017 and 2020 is now an independent energy company. The company is one of the world's largest oilfield service companies, operating

This article was written by

Leo Nelissen profile picture
20.96K Followers
I'm a Buy-Side Macro Expert/Financial Markets Analyst. On Seeking Alpha, I discuss a wide range of topics including long-term dividend (growth) investments, mid-term trading opportunities, commodities, rates, and related. A big part of my philosophy is to incorporate as much macro as possible in my articles as it helps investors to make their own decisions and to be on top of all major developments. My DMs are always open. Also, I'm on Twitter (@Growth_Value_) in case you want to say hi! Long-Term Dividend HoldingsPSA, DUK, HD, PEP, RTX, UNP, VLO, DE, ABBV, CAT, HBAN, NSC, LHX, XOM, CVX, CP, LMT, NOC, CME, DHR, EXR

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