3 Key Industry Trends Baker Hughes, a GE Company's Management Thinks You Should Know
Aside from being a nominee for worst company name of the year, Baker Hughes, a GE Company (NYSE: BHGE) had a tough first quarter as a combined company as restructuring costs led to a big hit to the bottom line. For now, management gets an incomplete grade because the business is still going through the growing pains that come with such a large integration.
As is the case with any oil services company this size, though, it is worth listening to what management has to say on its earnings conference calls because it typically provides some interesting insights into the industry. On BHGE's most recent call, CEO Lorenzo Simonelli gave some interesting commentary on the direction of the market as well as how BHGE now fills an interesting role in a rapidly changing market. Here's a few snippets from the call to which investors should pay attention.
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Source: Fool.com
