Background: Baker Hughes supplies oilfield services, products, and technology services and systems to the oil and natural gas industry worldwide. The company was founded in 1972 and is headquartered in Houston, Texas. Baker Hughes trades an average of 4.4 million shares per day with a marketcap of $20 billion.
52-Week Range: $37.08 to $61.90Book Value: $37.69 Price to Book: 1.2 Baker Hughes is forecast to report lower third-quarter earnings before the market opens on Oct. 19. The consensus estimate is currently 84 cents a share, falling 34 cents (28.8%) from $1.18 during the same period last year. Analysts are estimating as low as 80 cents per share, up to 91 cents per share. Real Money's Dan Fitzpatrick writes about Baker Hughes in
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