Baker-Hughes

BHGE-N

NYSE:BHGE

21.77
0.00 (0.00%)
Baker Hughes, a GE company is an American industrial service company, it is one of the world's largest oil field services companies. As of July 2017 Baker Hughes is now 62.5% owned by General Electric Company and 37.5% publicly traded.
More at Wikipedia

Analysis and Opinions about BHGE-N

Signal
Opinion
Expert
COMMENT
COMMENT
October 24, 2017

You have to be careful. They issued a one-time special dividend to shareholders, so the $47 share price drop to $33 is artificial. When the deal first happened post the special dividend, the cost basis was something like $33-$35, so you might not be down as much as you think. He really likes this company here. The reports coming from Caterpillar/McDonald’s is that China is growing quite strong, which is going to help the demand side of the oil equation, and the combined entity of GE/Baker Hughes is now the 2nd largest in terms of revenue from the oil services business. For the long-term, this is a very compelling a holding.

Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
October 24, 2017

You have to be careful. They issued a one-time special dividend to shareholders, so the $47 share price drop to $33 is artificial. When the deal first happened post the special dividend, the cost basis was something like $33-$35, so you might not be down as much as you think. He really likes this company here. The reports coming from Caterpillar/McDonald’s is that China is growing quite strong, which is going to help the demand side of the oil equation, and the combined entity of GE/Baker Hughes is now the 2nd largest in terms of revenue from the oil services business. For the long-term, this is a very compelling a holding.

WEAK BUY
WEAK BUY
July 25, 2017

GE-N is merging their oil and gas operations with them as their largest shareholder. As a Canadian investor, you get representation in the oil service area. They are more geographically dispersed than the Canadian industry.

Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
July 25, 2017

GE-N is merging their oil and gas operations with them as their largest shareholder. As a Canadian investor, you get representation in the oil service area. They are more geographically dispersed than the Canadian industry.

PAST TOP PICK
PAST TOP PICK
February 9, 2017

(Top Pick Nov 29/16, Up 2.69%) Just before the OPEC production cuts were announced. They are forming a partnership with GE oil services. They will be second in size to Schlumberger after that deal. If it does not get consummated over the summer they will get a huge breakup fee from GE-N. It does not matter if the deal goes through or not, just if the price of oil collapses. Otherwise it is undervalued.

Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
February 9, 2017

(Top Pick Nov 29/16, Up 2.69%) Just before the OPEC production cuts were announced. They are forming a partnership with GE oil services. They will be second in size to Schlumberger after that deal. If it does not get consummated over the summer they will get a huge breakup fee from GE-N. It does not matter if the deal goes through or not, just if the price of oil collapses. Otherwise it is undervalued.

COMMENT
COMMENT
November 30, 2016

The oil service business has had its ups and downs, and was really reliant on drilling activity. Most of his exposure is in the Canadian market. He prefers Halliburton (HAL-N).

Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
November 30, 2016

The oil service business has had its ups and downs, and was really reliant on drilling activity. Most of his exposure is in the Canadian market. He prefers Halliburton (HAL-N).

TOP PICK
TOP PICK
November 29, 2016

Fairly recently acquired by General Electric (GE-N) to form an oil/gas partnership using the GE oil and gas service business. If you are a Baker Hughes shareholder, you get a one-time $17.50 dividend. This company has a really strong balance sheet. Presuming the deal is approved mid-2017, the new partnership will be the 2nd largest oil/gas service company in the world on a revenue basis. Thinks energy is starting to form a bottom. As long as oil prices don’t collapse, the combined entity will be very strong. If the deal doesn’t go through, this company will receive a break up fee, of about $1.3 billion. Dividend yield of 1.12%. (Analysts’ price target is $62.17.)

Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
November 29, 2016

Fairly recently acquired by General Electric (GE-N) to form an oil/gas partnership using the GE oil and gas service business. If you are a Baker Hughes shareholder, you get a one-time $17.50 dividend. This company has a really strong balance sheet. Presuming the deal is approved mid-2017, the new partnership will be the 2nd largest oil/gas service company in the world on a revenue basis. Thinks energy is starting to form a bottom. As long as oil prices don’t collapse, the combined entity will be very strong. If the deal doesn’t go through, this company will receive a break up fee, of about $1.3 billion. Dividend yield of 1.12%. (Analysts’ price target is $62.17.)

BUY
BUY
November 28, 2016

(Market Call Minute.) They are doing a deal with General Electric (GE-N) which is exciting. As an alternative, he would suggest Schlumberger (SLB-N).

Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
November 28, 2016

(Market Call Minute.) They are doing a deal with General Electric (GE-N) which is exciting. As an alternative, he would suggest Schlumberger (SLB-N).

DON'T BUY
DON'T BUY
November 3, 2016

He tends to screen stocks out after a merger starts. There will be a ticker for the new entity. He thinks Baker Hughes is overvalued. GE-N is potentially buying them at the bottom.

Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
November 3, 2016

He tends to screen stocks out after a merger starts. There will be a ticker for the new entity. He thinks Baker Hughes is overvalued. GE-N is potentially buying them at the bottom.

COMMENT
COMMENT
March 13, 2015

Being acquired by Halliburton (HAL-N). The oil service sector is not really a place you want to be in. If you own this, you might just as well accept the Halliburton offer as it is a larger, more liquid stock with a wider geographical range. Not an area that he likes.

Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
March 13, 2015

Being acquired by Halliburton (HAL-N). The oil service sector is not really a place you want to be in. If you own this, you might just as well accept the Halliburton offer as it is a larger, more liquid stock with a wider geographical range. Not an area that he likes.

WAIT
WAIT
March 12, 2015

It is too early to be buying the oil services companies at this point. When oil prices stabilize this one will make a lot of sense.

Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
March 12, 2015

It is too early to be buying the oil services companies at this point. When oil prices stabilize this one will make a lot of sense.

BUY
BUY
September 20, 2013

The whole industry in North America is coming through a big revolution. People are expecting stability in margins but she is playing through Canadian companies (e.g. Canyon Services). Some pretty good momentum and reasonable valuation so you should do well in BHI.

Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
September 20, 2013

The whole industry in North America is coming through a big revolution. People are expecting stability in margins but she is playing through Canadian companies (e.g. Canyon Services). Some pretty good momentum and reasonable valuation so you should do well in BHI.

SPECULATIVE BUY
SPECULATIVE BUY
August 29, 2013

Large US service company, a play on US energy revolution, providing fracking services. 15 times earnings seems high but you can argue that it is fine. There is a potential they could make back some of the market share they lost.

Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
August 29, 2013

Large US service company, a play on US energy revolution, providing fracking services. 15 times earnings seems high but you can argue that it is fine. There is a potential they could make back some of the market share they lost.

COMMENT
COMMENT
March 18, 2013

Great company and one of the industry leaders. This is a Buy if you are looking out 2-3 years.

Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
March 18, 2013

Great company and one of the industry leaders. This is a Buy if you are looking out 2-3 years.

DON'T BUY
DON'T BUY
March 14, 2012
Not getting much traction because they are not living up to what the commodities are doing because there is fear that the commodity prices will not stick. Prefers Trans Ocean and Halliburton.
Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
March 14, 2012
Not getting much traction because they are not living up to what the commodities are doing because there is fear that the commodity prices will not stick. Prefers Trans Ocean and Halliburton.
BUY
BUY
February 13, 2012
Likes this company. Would probably recommend Halliburton (HAL-N) first but this is fine. As oil prices go higher, it is the service companies that benefit, not necessarily the producers.
Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
February 13, 2012
Likes this company. Would probably recommend Halliburton (HAL-N) first but this is fine. As oil prices go higher, it is the service companies that benefit, not necessarily the producers.
COMMENT
COMMENT
December 28, 2011
All the oil field services companies have been affected by what is happening with the price of oil, but it shouldn’t because it is costing more to get the oil out. 18% margins in North America and these are going up gradually. This is a very good, lower risk way of playing the energy sector.
Show full opinionHide full opinion
Baker-Hughes (BHGE-N)
December 28, 2011
All the oil field services companies have been affected by what is happening with the price of oil, but it shouldn’t because it is costing more to get the oil out. 18% margins in North America and these are going up gradually. This is a very good, lower risk way of playing the energy sector.
Showing 1 to 15 of 19 entries

Baker-Hughes(BHGE-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Baker-Hughes is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Baker-Hughes(BHGE-N) Frequently Asked Questions

What is Baker-Hughes stock symbol?

Baker-Hughes is a American stock, trading under the symbol BHGE-N on the New York Stock Exchange (BHGE). It is usually referred to as NYSE:BHGE or BHGE-N

Is Baker-Hughes a buy or a sell?

In the last year, there was no coverage of Baker-Hughes published on Stockchase.

Is Baker-Hughes a good investment or a top pick?

Baker-Hughes was recommended as a Top Pick by John Petrides on 2017-10-24. Read the latest stock experts ratings for Baker-Hughes.

Why is Baker-Hughes stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Baker-Hughes worth watching?

0 stock analyst on Stockchase covered Baker-Hughes In the last year. It is a trending stock that is worth watching.

What is Baker-Hughes stock price?

On 2019-10-18, Baker-Hughes (BHGE-N) stock closed at a price of $21.77.