Baker Hughes - Oilfield service provider benefits from rising investments in the oil industry!
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Business driver: Baker Hughes (BKS) has established a strong market position as an oilfield service provider. It is particularly well positioned in the Industrial & Energy Technology – IET sector, where it offers turnkey solutions related to natural gas and LNG segments. Overall, Baker Hughes is likely to benefit from the prospect of increased investments in the modernization of aging oil and natural gas infrastructure, particularly in Venezuela. Additionally, the cloud and data center boom opens up interesting growth opportunities for Baker...
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