Previous close | 0.8000 |
Open | 0.8000 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 15.00 |
Expiry date | 2025-01-17 |
Day's range | 0.8000 - 0.8000 |
Contract range | N/A |
Volume | |
Open interest | 3 |
Baker Hughes (NASDAQ: BKR), Phillips 66 (NYSE: PSX), and Deere (NYSE: DE) are three dividend stocks that beat the market last year but are still great buys today. Lee Samaha (Baker Hughes): Yes, the oil equipment and services company did outperform the market in 2022, but it also significantly underperformed its peers like Halliburton and Schlumberger. The reason comes from a combination of less-than-optimal execution, charges taken upon exiting Russia, and surging raw material and supply chain costs.
If management can hit its restructuring goals and a long cycle of investment in the industry plays out, then this equipment and services company is set to benefit.
The world’s largest oilfield services providers saw last year their highest combined net profits since the shale boom of 2014