Bullish Case: BKR's recent international profit surge and dividend hikes reflect strong operational success. Expansion in Iraq enhances future revenue prospects, buoying investor confidence despite sector volatility.


Bearish Case: Declining US rig counts and ongoing sector upheaval, especially in natural gas, weigh heavily on BKR's North American operations. Market headwinds and elevated costs could suppress near-term growth.


Potential Outcomes: 65% - BKR's international ventures offset domestic challenges, lifting stock. 25% - Persistent rig count declines hinder growth. 10% - Geopolitical factors disrupt global operations unexpectedly.


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April 26, 2024


Baker Hughes Forecast

BKR        Baker Hughes
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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TALO Forecast + Options Trading Strategies   TALO  Talos Energy (0.91)


NE Forecast + Options Trading Strategies   NE  Noble (0.91)


OIH Forecast + Options Trading Strategies   OIH  VanEck Vectors Oil Services (0.91)


SBOW Forecast + Options Trading Strategies   SBOW  SilverBow Resources (0.89)


BG Forecast + Options Trading Strategies   BG  Bunge (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to BKR



IR Forecast + Options Trading Strategies   IR  Ingersoll-Rand (0.0)


EWBC Forecast + Options Trading Strategies   EWBC  East West Bancorp (0.0)


BPOP Forecast + Options Trading Strategies   BPOP  Popular (-0.0)


BMY Forecast + Options Trading Strategies   BMY  Bristol-Myers Squibb (-0.0)


CAMT Forecast + Options Trading Strategies   CAMT  Camtek (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BKR



RARE Forecast + Options Trading Strategies   RARE  Ultragenyx Pharmaceutical (-0.68)


TGTX Forecast + Options Trading Strategies   TGTX  TG Therapeutics (-0.68)


KHC Forecast + Options Trading Strategies   KHC  Kraft Heinz (-0.69)


FL Forecast + Options Trading Strategies   FL  Foot Locker (-0.7)


MDGL Forecast + Options Trading Strategies   MDGL  Madrigal Pharmaceuticals (-0.73)





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