Strong demand for LNG-related services drove Baker Hughes' third-quarter financial performance above expectations, with the company reporting a 23% annual increase in orders despite a dip in net profits of 20% on the year. Free cash flow rose as well, from $239 million at the end of June to $699 million at the end of September, and cash flow from operating activities rose from $510 million at the end of June to $929 million at the end of September, although both cash flow figures were down on an annual ba ...

Group 1 - The company is well-positioned to capitalize on the growing demand for natural gas infrastructure, particularly in the U.S. market [2] - The existing network and assets are crucial for securing additional infrastructure opportunities, with a strong landscape for demand growth [2] - The company has more interstate natural gas pipeline miles in the U.S. than any other competitor, with more than double the network of its closest rivals [3]