{"id":28503,"date":"2012-03-23T20:48:37","date_gmt":"2012-03-24T00:48:37","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28503"},"modified":"2012-03-23T20:48:37","modified_gmt":"2012-03-24T00:48:37","slug":"baker-hughes-sees-q1-operating-profit-pressure-in-first-quarter","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/03\/23\/baker-hughes-sees-q1-operating-profit-pressure-in-first-quarter\/","title":{"rendered":"Baker Hughes Sees Q1 Operating Profit Pressure In First Quarter"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vbc2da7ebb86bd5388d95c80308e939e4a156efb2&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vbc2da7ebb86bd5388d95c80308e939e4a156efb2&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Baker Hughes (NYSE:BHI) said it sees Q1 operating profit before tax lower on North American Pressure pumping products as US rig activity shifts to oil, liquids-rich basins from natural gas, seasonality in all international markets.The company said it sees its North American Q1 operating margin before taxes at 13.2% &#8211; 14.2% vs. estimates of 18.7% quarter-over-quarter.The company sees Q1 international operating margin before tax of 12.2% &#8211; 13.2%, vs. 15.6% quarter-over-quarter and it sees adjusting 2012 capex, saw annual capex of $3.1 billion &#8211; $3.4 billion.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/03\/23\/1_0nwkbt33_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/03\/23\/1_0nwkbt33_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Baker Hughes (NYSE:BHI) said it sees Q1 operating profit before tax lower on North American Pressure pumping products as US rig activity shifts to oil, liquids-rich basins from natural gas, seasonality in all international markets.The company said it sees its North American Q1 operating margin before taxes at 13.2% &#8211; 14.2% vs. estimates of 18.7% &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/03\/23\/baker-hughes-sees-q1-operating-profit-pressure-in-first-quarter\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Baker Hughes Sees Q1 Operating Profit Pressure In First Quarter&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28503","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28503"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28503\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}