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Baker Hughes Profit Falls 9% from Q1 as Oilfield Services Demand Remains Tepid

2021-07-21 15:18:44| OGI

Oilfield services provider Baker Hughes Co. said on July 21 its adjusted profit fell 9% in the second quarter from the previous three months and it missed Wall Street estimates for earnings, as crude producers kept a tight lid on spending.

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Category:Industrial Goods and Services

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