BRIEF-Baker Hughes says limited visibility in oilfield services & equipment segment beyond Q2

Reuters
23 Apr
BRIEF-Baker Hughes says limited visibility in oilfield services & equipment segment beyond Q2

April 23 (Reuters) - Baker Hughes Co BKR.O:

  • BAKER HUGHES CEO SAYS INTERNATIONAL UPSTREAM SPENDING IS EXPECTED TO FALL IN LOW TO MID SINGLE DIGIT RANGE: CONF CALL

  • BAKER HUGHES EXPECTS GLOBAL UPSTREAM SPENDING TO BE DOWN BY HIGH SINGLE DIGITS IN 2025

  • BAKER HUGHES EXPECTS LOW DOUBLE DIGIT DECREASE IN UPSTREAM SPENDING IN NORTH AMERICA, EXCLUDING MEXICO

  • BAKER HUGHES SAYS ONGOING UNCERTAINTY, RECENT OIL PRICE VOLATILITY PRESENTS POTENTIAL DOWNSIDE TO US ONSHORE ACTIVITY IN SECOND HALF

  • BAKER HUGHES SAYS SEVERAL KEY LNG CUSTOMERS IN US GULF COAST ARE INDICATING PLANS TO FURTHER EXPAND CAPACITY BEYOND 2030

  • BAKER HUGHES CFO SAYS EXPECT SOME COST HEADWINDS TIED TO IMPORTS FROM CHINA, GERMANY AND UK

  • BAKER HUGHES CFO SAYS FOR OFSE SEGMENT, WE HAVE BEEN WORKING WITH US SUPPLY CHAIN PARTNERS TO INCREASE DOMESTIC SOURCING

  • BAKER HUGHES CFO SAYS OFSE VISIBILITY REMAINS LIMITED BEYOND Q2

  • BAKER HUGHES EXPECTS MODEST IMPACT FROM STEEL AND ALUMINUM TARIFFS

  • BAKER HUGHES SAYS NOT SEEING CUSTOMERS PULL BACK FROM LNG, GAS INFRASTRUCTURE OR DATA CENTER PROJECTS

  • BAKER HUGHES EXPECTS TO BOOK AT LEAST $1.5 BILLION OF ORDERS IN DATA CENTER EQUIPMENT OVER NEXT THREE YEARS

  • BAKER HUGHES SAYS OUR GLOBAL SUPPLY CHAIN FOOTPRINT LIMITS EXPOSURE TO DIRECT US TARIFFS

Source text: [ID:]

Further company coverage: BKR.O

((Reuters.Briefs@thomsonreuters.com;))

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