Baker Hughes Company (BKR)
| Market Cap | 45.40B |
| Revenue (ttm) | 27.61B |
| Net Income (ttm) | 3.05B |
| Shares Out | 985.88M |
| EPS (ttm) | 3.06 |
| PE Ratio | 15.03 |
| Forward PE | 18.55 |
| Dividend | $0.92 (2.00%) |
| Ex-Dividend Date | Aug 5, 2025 |
| Volume | 5,869,449 |
| Open | 45.80 |
| Previous Close | 45.72 |
| Day's Range | 45.46 - 46.07 |
| 52-Week Range | 32.25 - 49.40 |
| Beta | 0.89 |
| Analysts | Strong Buy |
| Price Target | 49.39 (+7.25%) |
| Earnings Date | Jul 22, 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]
Financial Performance
In 2024, Baker Hughes Company's revenue was $27.83 billion, an increase of 9.11% compared to the previous year's $25.51 billion. Earnings were $2.98 billion, an increase of 53.32%.
Financial StatementsAnalyst Summary
According to 19 analysts, the average rating for BKR stock is "Strong Buy." The 12-month stock price target is $49.39, which is an increase of 7.25% from the latest price.
News
US drillers cut oil and gas rigs for 12th time in 13 weeks, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the 12th time in 13 weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
Baker Hughes: Data Center And LNG Optimism Builds (Rating Downgrade)
Baker Hughes delivered strong Q2 results, driven by cost controls and robust growth in its Industrial & Energy Technology (IET) segment. IET benefits from LNG expansion and rising data center demand, ...
Baker Hughes Company (BKR) Q2 2025 Earnings Call Transcript
Baker Hughes Company (NASDAQ:BKR) Q2 2025 Earnings Conference Call July 23, 2025 9:30 AM ET Company Participants Ahmed Moghal - Executive VP & CFO Chase Mulvehill - Vice President of Investor Relatio...
Baker Hughes CEO Lorenzo Simonelli on Q2 earnings and data center growth
Lorenzo Simonelli, Baker Hughes CEO, joins 'Money Movers' to discuss company earnings, data center growth and meeting with the president of Mexico.
Baker Hughes beats second-quarter profit estimates
Oilfield services provider Baker Hughes surpassed Wall Street expectations for second-quarter profit on Tuesday, as it benefited from robust demand for its natural gas equipment and services.
Baker Hughes Company Announces Second-Quarter 2025 Results
Second-quarter highlights Orders of $7.0 billion , including $3.5 billion of IET orders. RPO of $34.0 billion , including record IET RPO of $31.3 billion.
US drillers add oil/gas rigs for first time in 12 weeks, Baker Hughes says
U.S. energy firms this week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
US oil/gas rig count down for 11th week to lowest since 2021, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time since July 2020 when the COVID-19 pandemic cut demand for the fuel, energy...
Baker Hughes CEO: We see hydrogen in the energy mix going forward
Baker Hughes CEO Lorenzo Simonelli said Thursday that he sees hydrogen as part of the energy mix in the future and that the company already plays a "critical role" in providing production equipment.
Baker Hughes CEO Lorenzo Simonelli on oil volatility
Baker Hughes CEO Lorenzo Simonelli on Thursday said that despite short-term oil volatility, he still sees "long-term positive trends" for the industry.
Baker Hughes CEO on the global outlook for energy
CNBC's Brian Sullivan speaks with Baker Hughes CEO Lorenzo Simonelli from OPEC's annual seminar in Vienna, Austria.
20 oil stocks passing a quality screen as Investors wonder what Iran will do next
Nobody knows how badly the international oil market might be disrupted by Iran. But if you want to take advantage of the uncertainty, a screen encompassing debt levels and cash flow can limit your ris...
Baker Hughes to Acquire Continental Disc Corporation, a Differentiated Leader in Pressure Management Solutions
HOUSTON and LONDON, June 16, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday it has agreed to acquire Continental Disc Corporation (CDC), a leading ...
Baker Hughes CEO: Focus on future oil demand-supply dynamics, not short term volatility
Lorenzo Simonelli, CEO of Baker Hughes discusses the recent Israel-Iran and its' impact on volatility in oil prices and stresses not to focus on short-term volatility in oil prices. He also touches on...
Baker Hughes says all facilities operating in Middle East
All the facilities of energy services firm Baker Hughes are operating normally in the Middle East, chief executive Lorenzo Simonelli told Reuters on the sidelines of the Energy Asia conference on Mond...
Energy giants Baker Hughes, Woodside shy away from making oil forecasts as Iran-Israel conflict escalates
Two CEOs told CNBC that they are monitoring the situation, but would not predict the price of oil. There will be more significant price effects, they said, if Iran closes the critical Strait of Hormuz...
US drillers cut oil/gas rigs for 7th week to lowest since 2021, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely fo...
Baker Hughes Announces Dates for Second-quarter Earnings Release and Webcast
HOUSTON and LONDON, June 13, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the second quarter ending June 30, 2025, via press release at 5 p.m. Eastern Time (4 p.m. ...
Baker Hughes's Solid Backlog Creates An Opportunity (Rating Upgrade)
I am upgrading Baker Hughes to a buy, as its LNG-driven IET segment offers predictable growth and strong backlog, offsetting oilfield cyclicality. Recent divestitures at high multiples bolster cash re...
Baker Hughes to sell sensor unit to Crane for $1.15 billion
Baker Hughes said on Monday it will sell its precision sensors and instrumentation (PSI) product line to aerospace and defense parts manufacturer Crane for $1.15 billion, as the oilfield services prov...
Baker Hughes Announces Sale of Precision Sensors & Instrumentation Product Line to Crane Company
Product line includes Druck, Panametrics and Reuter-Stokes brands Transaction aligns with Baker Hughes' ongoing portfolio optimization HOUSTON and LONDON, June 09, 2025 (GLOBE NEWSWIRE) -- Baker Hughe...
Crane Company to Acquire Precision Sensors & Instrumentation from Baker Hughes Company
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, announced that it has signed an agreement to acquire P...
Baker Hughes Enterprise Digital Transformation Strategy Profile 2025: Accelerators, Incubators, and Innovation Programs
Explore Baker Hughes Co's innovative energy solutions and digital transformation strategies with insights into their technology initiatives, partnerships, product launches, and more. Discover their fo...
CMG and Baker Hughes Announce Agreement to Advance Digital Integration
Delivering Enhanced Workflows for a Connected Customer Experience CALGARY, Alberta, June 03, 2025 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to an...
Oilfield equipment maker Cactus to buy controlling interest in Baker Hughes' unit
Oilfield equipment maker Cactus said on Monday it would purchase a 65% interest in Baker Hughes' surface pressure control business for $344.5 million.