Thread regarding Baker Hughes layoffs

Amazing Q3 earnings call inbound

Rosie Q3 numbers on the way?

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| 1711 views | | 4 replies (last October 7, 2022) | Reply
Post ID: @OP+1j17ViVM

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UK to issue 100 new oil licences: why did baker pull out of drilling business too soon? or was it because the mess by aberdeen drilling department . Bo-m time coming back but BH will miss out?

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Post ID: @4dky+1j17ViVM

How come BH Norway has plenty of work and BH Aberdeen got none. Not only no work but also no office - they shut it down.

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Post ID: @3ddo+1j17ViVM

Yes, it will be "Amazing" ...........but still bad.

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Post ID: @1fll+1j17ViVM

Oh yeah, sure it will be a day of wine and roses, unicorns and rainbows! EPS heading to the moon. Don’t forget it’s price to book ratio went over 2 this year, it’s never been above 1.5 over the last 10 years. What you are seeing is the unmanaged decline of a senior OFS company by a group of people who have lost their corporate identity since the umbilical was cut from the mothership. They are rapidly running out of road, ideas, and frankly excuses for this level of mediocrity when the price of O&G is soaring. At some point senior management will start bailing out, no golden parachutes to pack this time, just real ones……..

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Post ID: @rzx+1j17ViVM

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