Can GE Continue To Grow Its Oil & Gas Business? |
| October 01, 2014 | October 2014 Bond Updates |
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We figure with global demand for oil & gas continuing to grow, especially from the developing countries, oil & gas production will likely also rise in coming years. Accordingly, GE anticipates oil & gas industry’s total spending to rise by 6% annually through 2017. In our view, this rising industry spending will grow GE’s oil & gas results, as the company holds a leading position as an equipment supplier. |
| View more at: http://www.forbes.com/sites/greatspeculations/2014/09/30/can-ge-continue-to-grow-its-oil-gas-business/ |
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