Baker Hughes (BHI) to Disclose All Chemical it Uses in Fracking

See here for the original Bloomberg article and Baker Hughes' disclosure policy here. I think this is a good move by Baker Hughes -- the economic benefit from nondisclosure is probably less than the costs it incurres.

Further, I think this gives Baker Hughes an advantage over its larger rivals (Schlumberger and Halliburton) as natural gas drilling activity is poised to pick up. Baker Hughes stock price over the last 5 years is below (it pays a $0.68 per year dividend also).

 

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