Oilfield service provider Baker Hughes reported higher-than-expected profit growth for the final quarter of last year attributing it to strong demand for its services from the LNG industry. Baker Hughes reported net income attributable to the company of $439 million for the three-month period, which was $257 million higher than a year earlier. The company also boasted free cash flow of over $2 billion at the end of 2023, noting it represented a 54% conversion rate from adjusted earnings before interest, tax, depreciation, and amortization. International…
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