Baker Hughes Company (BKR)

NASDAQ: BKR · Real-Time Price · USD
46.54
+0.21 (0.45%)
At close: Jan 17, 2025, 4:00 PM
47.00
+0.46 (0.99%)
After-hours: Jan 17, 2025, 5:18 PM EST
0.45%
Market Cap 46.05B
Revenue (ttm) 27.30B
Net Income (ttm) 2.24B
Shares Out 989.53M
EPS (ttm) 2.23
PE Ratio 20.88
Forward PE 19.05
Dividend $0.84 (1.81%)
Ex-Dividend Date Nov 4, 2024
Volume 8,391,814
Open 46.87
Previous Close 46.33
Day's Range 46.40 - 47.47
52-Week Range 28.32 - 47.47
Beta 1.38
Analysts Strong Buy
Price Target 47.00 (+0.99%)
Earnings Date Jan 30, 2025

About BKR

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company operates through Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and drilling and completions fluids... [Read more]

Sector Energy
Founded 2016
Employees 58,000
Stock Exchange NASDAQ
Ticker Symbol BKR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for BKR stock is "Strong Buy." The 12-month stock price forecast is $47.0, which is an increase of 0.99% from the latest price.

Price Target
$47.0
(0.99% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

US drillers cut oil and gas rigs to lowest since December 2021, Baker Hughes says

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest since December 2021, energy services firm Baker Hughes said in its closely fol...

2 days ago - Reuters

Stocks to watch: Baker Hughes, EQT, Kinder Morgan, American Airlines, United Airlines and Delta

Josh Brown, CEO of Ritholtz Wealth Management, updates his best Stocks in the market list with picks from energy and airlines sectors.

Other symbols: AALDALKMIUALEQT
6 days ago - CNBC Television

Final Trades: Meta, Citigroup, Docusign and Baker Hughes

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: CDOCUMETA
9 days ago - CNBC Television

Baker Hughes Is Nearing Its 20% Segment EBITDA Targets

Baker Hughes Company is progressing towards a 20% EBITDA margin target, with OFSE at 19.30% and IET at 17.02%, driven by structural improvements. Baker Hughes is expanding its digital technology with ...

10 days ago - Seeking Alpha

Baker Hughes: A Rare GARP Story In Energy, A Buy Into Earnings

Baker Hughes has outperformed the Energy sector since October 2022, driven by strong earnings, robust cash flow, and significant margin expansion. New LNG buildouts and rising global LNG demand are ke...

13 days ago - Seeking Alpha

Baker Hughes Secures Liquefaction Equipment Order for Woodside Louisiana LNG

HOUSTON and LONDON, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday an order from Bechtel Energy Inc. (Bechtel) to supply gas technology eq...

20 days ago - GlobeNewsWire

Final Trades: Baker Hughes, Raymond James, Wabtec and Boeing

The Investment Committee reveals their top stocks to watch. Don't miss their picks.

Other symbols: BAWABRJF
4 weeks ago - CNBC Television

Oil and Gas Pumps Strategic Business Report 2024, with Profiles Major Players Including Alfa Laval, ASTUTEK, Baker Hughes, Borets International, ELKAM and more

Increasing Adoption of Centrifugal, Reciprocating, and Gear Pumps in Refining and Processing Expands Market Opportunities Increasing Adoption of Centrifugal, Reciprocating, and Gear Pumps in Refining ...

4 weeks ago - GlobeNewsWire

Baker Hughes Announces Dates for Fourth-quarter and Full-year 2024 Earnings Release and Webcast

HOUSTON and LONDON, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the fourth quarter and full year ending Dec. 31, 2024, via press release at 5 p.m. Eastern...

5 weeks ago - GlobeNewsWire

Baker Hughes Expands Namibian Presence with Liquid Mud Plant, Cement Bulk and Multi-Modal Facilities

WALVIS BAY, Namibia, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday the opening of its new liquid mud plant, cement bulk facility and in...

2 months ago - GlobeNewsWire

Energy stocks are still cheap. These 13 make effective use of stock buybacks.

The most important element of corporate stock buybacks is the reduction in the share count.

Other symbols: COPCTRACVXDVNEOGHALMPC
2 months ago - Market Watch

Baker Hughes Digital Transformation Strategy and Innovation Programs 2024

Dublin, Nov. 18, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Baker Hughes 2024" company profile has been added to ResearchAndMarkets.com's offering. The report provides information...

2 months ago - GlobeNewsWire

Final Trades: Bitcoin, Abbvie and Baker Hughes

The Investment Committee reveals their final trades for today.

Other symbols: ABBV
2 months ago - CNBC Television

Innovative Baker Hughes Emissions Abatement Solution Chosen to Reduce Routine Flaring at SOCAR's Baku Oil Refinery

BAKU, Azerbaijan, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and SOCAR announced Thursday the signing of a contract for an integrated gas recovery and ...

2 months ago - GlobeNewsWire

Woodside Teams up With Baker Hughes and Bechtel to Pedal for a Purpose

HOUSTON--(BUSINESS WIRE)--Woodside Energy, Baker Hughes and Bechtel have teamed up to go the distance and raise money for United Way of Greater Houston in a tricycle race. The race raised $150,000 for...

2 months ago - Business Wire

What A Trump Victory Means For Oil Prices and Stocks

Oil stocks are trading cautiously, giving up some of their initial gains from Wednesday in the wake of former President Trump's election victory, as concerns grow that benefits the energy sector may r...

Other symbols: BNODBOGUSHIEOOIHPXJUCO
2 months ago - Investopedia

These Energy Stocks are Surging the Most on the Trump Victory

Trump went all-in on oil during his campaign.

Other symbols: HALXOM
2 months ago - Barrons

Energy demand is rising, Baker Hughes CEO says

Lorenzo Simonelli, Baker Hughes CEO, discusses the energy outlook for different regions, and says "the increase in energy demand is there, and we're going to see activity continue to increase."

2 months ago - CNBC International TV

Black & Veatch Announces Collaboration with Baker Hughes on Standard LNG Solution Utilizing PRICO® Technology at ADIPEC 2024

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Black & Veatch, a global liquefied natural gas (LNG) infrastructure solutions leader, has announced from ADIPEC 2024 a collaboration agreement with Ba...

2 months ago - Business Wire

Trade Tracker: Josh Brown buys Baker Hughes

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to discuss why he's buying the energy name.

2 months ago - CNBC Television

US oil and gas rig count unchanged this week, Baker Hughes says

U.S. energy firms kept the number of oil and natural gas rigs operating unchanged for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.

2 months ago - Reuters

10 S&P 500 Stocks Were Worst Performers In First Year Of Trump's Presidency: Will They Sink Again?

Former President Donald Trump's four years in the White House offer insights into which stocks and sectors might benefit or suffer if he secures a second term in the 2024 election.

Other symbols: AAPEXEGEMATRRCSIGUA
2 months ago - Benzinga

Baker Hughes: A Possible Rise In Drilling Activity Could Boost Oil & Gas Equipment Demand

The oil & gas sector is experiencing significant momentum, but still lags the S&P 500 on a YTD basis. I explore US energy picks in a Trump Vs. Harris analysis. Reflexive patterns in revenue, earnings ...

2 months ago - Seeking Alpha

Baker Hughes to supply pipe systems to Brazil's Petrobras

Oilfield services company Baker Hughes announced an agreement on Monday to supply Petrobras with 77 kilometers (47.85 miles) of flexible pipe systems for Brazil's pre-salt fields in the Santos Basin.

Other symbols: PBR
2 months ago - Reuters

Baker Hughes Awarded Contracts to Supply Petrobras with Flexible Pipe Systems, Associated Services across Several Fields

HOUSTON and LONDON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday significant contracts with Petrobras to provide 77 km of flexible pipe ...

2 months ago - GlobeNewsWire