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Baker Hughes 3Q16: Bleeding Slows, but Hefty Loss of $430M | Marcellus Drilling News
The world's largest oilfield services company (OFS), Schlumberger, turned a profit in 3Q16 (see Schlumberger 3Q16: Turns a Profit, but Profits Down 82% Y/Y). The world's second largest OFS, Halliburton, also turned a profit in 3Q16 (see Halliburton 3Q16 Earnings Surprise: Turns a Profit!). The world's third largest OFS, Baker Hughes, could not (unfortunately) make