So, GE Capital, that wonderful business whose intercompany dividends provided fuel for GE's industrial crusades--and supported dividends to common shareholders-- for decades is now consuming [...]
RigNet is one of the more acquisitive companies out there, making three purchases last year and three more so far this year.
Working with the much larger Baker Hughes will allow McDermott to better compete against the oilfield services giants, including Schlumberger and TechnipFMC.
One analyst calls the oilfield services company "the new heavyweight contender" with strong business lines, some of which should improve next year.
The Baker Hughes rig count has leveled off during the month of July as producing companies implement scaled-down budgets for the 2nd half of 2017. This slowing comes as no surprise and should [...]
Electric submersible pumps are increasingly being used in unconventional wells, often earlier in their life cycle, making their providers attractive to would-be acquirers, analysts say.