Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: marc chatman who wrote (31353)	11/2/1998 9:31:00 AM
From: marc chatman	Read Replies (1) of 95453

Just heard Goldman lowered its projected price of oil for '99, and downgraded or lowered estimates for many integrated oils. EDIT: from briefing.com Baker Hughes Inc. (BHI) 22 1/16: supplier of reservoir-centered products, services and systems to the oil industry posts a Q3 operating net of $0.20 a share, two cents above the revised First Call estimate, vs year-ago profit of $0.35 a share; revenues rose 5% to $1.585 bln; company warned in September that Q3 results would be roughly half the then current estimate of $0.36 a share.....

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