Oilfield services provider Baker Hughes ( NYSE: BKR ) reported a loss for the third quarter, like its competitors Schlumberger and Halliburton, amid lower demand for drilling services and equipment after the oil price crash earlier this year. Baker Hughes reported on Wednesday a loss per share of $0.25 for the quarter, compared to earnings per share of $0.11 for Q3 2019, as revenues for its oilfield services segment dropped by 31 percent year over year to $2.308 billion. Adjusted for items and charges, the net result was earnings per share of $0.04, in line with the consensus analyst expectations . Baker Hughes’ total revenues for Q3 increased by 7 percent quarter-on-quarter and dropped by 14 percent year over year, which was a smaller decline than analysts had expected. Following the release of the results, shares of Baker Hughes were up 1.39 percent on the NYSE, after adjusted earnings […]