Baker Hughes 1Q21 Earnings Beat Estimates, Increase Year-Over-Year; Gasoline Demand -- Most Under-Reported Energy Story Today -- April 21, 2021

Link here.

• 1Q21: 12 cents vs 11 cents forecast; and 11 cents one year earlier;
• revenue: $4.782 billion vs $4.797 billion forecast; one year earlier: $5.425 billion;
  
• one year earlier would have been just before the bottom fell out with the Covid-19 pandemic.

BC: before Covid.

AD: after Donald.

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Most Under-Reported Energy Story Today

Gasoline demand, link here. 

Most recent one week, daily average: 9.103 million b/d.

And driving season is yet to begin. 

Huge.