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What Are Baker Hughes’s Growth Prospects in 2018?

Alex Chamberlin
What Are Baker Hughes’s Growth Prospects in 2018?

Baker Hughes (BHGE) released its financial information for 1Q18 on April 20. Immediately following the earnings release, Baker Hughes stock reacted positively. The stock increased 0.8% to $33.99 from the previous day’s close. The VanEck Vectors Oil Services ETF (OIH) decreased 0.7% on the same day. OIH tracks an index of 25 oilfield equipment and services companies.