Baker Hughes posted solid growth, driven by IET and US LNG demand. Find out why BKR stock’s fair valuation and capped oil services growth suggest a hold.

As power demand surges, LNG has a critical role to play in providing a reliable, flexible fuel source that can be quickly scaled to meet rising demand', Baker Hughes Chairman and CEO Lorenzo Simonelli said.

The energy company is a major LNG technology supplier to Venture Global, supporting more than 100mtpa of production capacity.