Sat, December 14, 2024
Fri, December 13, 2024
[ Fri, Dec 13th 2024 ]: CNBC
The best annuity companies of 2025
[ Fri, Dec 13th 2024 ]: MSN
Bank of America: Buy, Sell, or Hold?
Thu, December 12, 2024
Wed, December 11, 2024
[ Wed, Dec 11th 2024 ]: Forbes
6 Best Value Stocks To Buy In 2025
Tue, December 10, 2024
Mon, December 9, 2024

Why Baker Hughes (BKR) Is One of the Most Profitable Natural Gas Stocks to Invest in?


//stocks-investing.news-articles.net/content/202 .. -profitable-natural-gas-stocks-to-invest-in.html
Published in Stocks and Investing on by MSN   Print publication without navigation

We recently published a list of 8 Most Profitable Natural Gas Stocks To Invest In. In this article, we are going to look at where Baker Hughes Company (NASDAQ:BKR) stands against other most profitable natural gas stocks to invest in.

The article from MSN Money discusses why Baker Hughes (BKR) is considered one of the most profitable natural gas stocks for investment. It highlights several key points: Baker Hughes has shown robust financial performance with a significant increase in revenue and earnings per share in recent quarters. The company benefits from the global push towards cleaner energy, where natural gas plays a pivotal role as a transitional fuel. Baker Hughes has diversified its operations, not only focusing on oil and gas but also expanding into LNG, new energy, and industrial sectors, which reduces risk and enhances growth potential. Additionally, the company's investment in technology, particularly in digital solutions and automation for oil and gas operations, positions it well for future growth. The article also notes Baker Hughes' strategic moves like acquisitions and partnerships that bolster its market position. Lastly, the stock's valuation appears attractive with a forward P/E ratio lower than the industry average, suggesting potential undervaluation given its growth prospects.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/why-baker-hughes-bkr-is-one-of-the-most-profitable-natural-gas-stocks-to-invest-in/ar-AA1vGRmj ]

Publication Contributing Sources