The Lowest Oilfield Services Free Cash Earner in 2017
By Alex Chamberlin - Disclosure
Mar 29, 2018 | 8:43 PM
Baker Hughes’s operating cash flows
Baker Hughes, a GE Company’s (BHGE), cash from operating activities (or CFO) was negative in 2017 and declined sharply from 2016. BHGE generated -$799 million in CFO in 2017
Look at the stocks of both...can you say free fricken fall. What a disappointment of what was once the preferred employer. Clowns at the rudder, jokers at best!!!
Who gives a sh--
It takes a tremendous amount of work to generate that much negative cash. Everyone should be congratulated for their efforts.
When the company keeps bad performers then this is the result. What a freaking mess.
Yes. Stoneywood managers are the only problem the company has. They are the root of all evil. The rest of the company, outside of Stoneywood, is doing fantastically well.
Stoneywood managers are the laughing stock of the North Sea.
I heard it was more than 600 wells ?
That because the dumb stoneywood management lost 600 wells. Buncha clowns
Frivolous and outrageous squandering of the petty cash box....