Thread regarding Baker Hughes layoffs

Baker is world leader in Rig Count data - nobody does it better

by
| 1011 views | | 8 replies (last September 12, 2018) | Reply
Post ID: @OP+V5LCMhz

8 replies (most recent on top)

It’s an old Baker socialist tradition that needs to be paid for

by
| | Reply
Post ID: @2sel+V5LCMhz

Why are we doing this if we lose money on this and give the info away free ? ??

What a great business and no wonder we lose money

by
| | Reply
Post ID: @1syl+V5LCMhz

Rig count is all about prestige and bragging rights. Intangible perhaps but very valuable and gives is a lot of credibility with the investor community

Now is it accurate? Who knows but impossible for anybody to check so limited downside risk

by
| | Reply
Post ID: @1reo+V5LCMhz

What’s the margin of error accuracy spec on that count? anybody know ?

by
| | Reply
Post ID: @1tyq+V5LCMhz

I always wondered how much revenue counting rigs generated. Any idea? I don’t have to pay anything to get the updates.

by
| | Reply
Post ID: @1ubu+V5LCMhz

That’s terrible - totally messed up company

by
| | Reply
Post ID: @tdv+V5LCMhz

We have lot's of time to count rigs while we are waiting on man power and materials that are back ordered. Really screwing up my metrics...supposed to be able to repair equipment within 2 weeks and have up to 18 month lead on critical items.....we go thru the motions every week playing the same old game. My direct reports know they are the ones who will pay for the lacking performance even though they have no control over the supply chain.

Just look at the ZARM orders that are idling....or have been cancelled or closed. We have to close out orders that are getting old and set up new orders for the same job just so that the problem is not readily apparent. No wonder we cant get our technicians to buy into what we are selling.

by
| | Reply
Post ID: @zwm+V5LCMhz

It’s is the recognized go to company for the rig count

Awesome company

by
| | Reply
Post ID: @oli+V5LCMhz

Post a reply

: