Another loss for one of the big players. Baker Hughes posted a profit for 2019, yet, I do not believe that a 2 week shutdown in March due to COVID-19 is going to cause a $10 billion loss in the 1st Qtr. of 2020.
In millions of dollars,
Total Income $5,425
Net Income $-10,210
Total Assets $37,229
Total Liabilities $19,244
Total Equity $17,985
Houston Energy Industry News 