Here is an overview of Q3 2020 revenue for the World Top 3 OFS companies.
In line with my expectation that Baker Hughes is in a mission to becoming the world largest Oilfield Service Company, both Schlumberger and Halliburton’s revenues were down in Q3 2020 while Baker Hughes made a 7% increase in its revenue for the quarter, getting closer to overtake Schlumberger.
Market Cap as of 23.10.2020:
◼Schlumberger: $21.44 Billion
◼Baker Hughes: $14.77 Billion
◼Halliburton: $11.69 Billion
Share Price as of 23.10.2020:
◼Schlumberger: $15.40/Share
◼Baker Hughes: $14.29/Share
◼Halliburton: $13.30/Share