Why Baker Hughes (BKR) is a Good Option to Invest in LNG

Group 1 - Baker Hughes Company (NASDAQ:BKR) is recognized as one of the 12 best LNG stocks to buy according to hedge funds [1] - The company has over 30 years of commitment to LNG, with 60 LNG plants relying on its turbomachinery, contributing to over 440 MTPA of global installed capacity [2] - Recently, Baker Hughes secured a contract for the main liquefaction equipment for the fourth train of NextDecade Corp's Rio Grande LNG project in Texas and a long-term service contract from BP for the Tangguh LNG facility in Indonesia [3] Group 2 - Baker Hughes anticipates a growth in natural gas demand by over 20% by 2050, with global LNG expected to increase by at least 75%, creating a favorable environment for the company [4] - The company is positioned as an energy technology provider, offering solutions for energy and industrial customers worldwide [4]

Why Baker Hughes (BKR) is a Good Option to Invest in LNG - Reportify