Baker Hughes Company (BKR)
| Market Cap | 45.55B |
| Revenue (ttm) | 27.83B |
| Net Income (ttm) | 2.98B |
| Shares Out | 990.11M |
| EPS (ttm) | 2.98 |
| PE Ratio | 15.44 |
| Forward PE | 17.79 |
| Dividend | $0.92 (2.00%) |
| Ex-Dividend Date | Feb 11, 2025 |
| Volume | 456,430 |
| Open | 46.79 |
| Previous Close | 46.91 |
| Day's Range | 46.00 - 46.79 |
| 52-Week Range | 28.88 - 49.40 |
| Beta | 1.38 |
| Analysts | Strong Buy |
| Price Target | 50.26 (+9.25%) |
| 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]
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 Forecast
According to 20 analysts, the average rating for BKR stock is "Strong Buy." The 12-month stock price forecast is $50.26, which is an increase of 9.25% from the latest price.
News
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US drillers add oil and gas rigs for third week in a row - Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its closely followed report on Fr...
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Argent LNG Selects Baker Hughes as Technology Provider, Strengthening Project
FLORENCE, Italy, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Argent LNG LCC (Argent LNG) has selected Baker Hughes (NASDAQ: BKR), an energy technology company, as the liquefaction solution and related services ...
Hanwha and Baker Hughes Enter into Joint Development Agreement for Ammonia Gas Turbines
Hanwha Power Systems and Hanwha Ocean cooperate with global energy technology company Baker Hughes. Leading the decarbonization of the hard-to-abate marine transportation sector through fuel-flexible ...
Baker Hughes and Hanwha Announce Partnership to Develop Small-Size Ammonia Turbines
FLORENCE, Italy, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, Hanwha Power Systems and Hanwha Ocean announced Monday a Joint Development and Collaboratio...
Baker Hughes Secures Major Chemicals Award from ExxonMobil Guyana for FPSOs
FLORENCE, Italy, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday a significant award from ExxonMobil Guyana to provide specialty chemicals ...
Baker Hughes CEO Lorenzo Simonelli on Q4 earnings, LNG demand, AI and tariffs
Morgan Brennan interviews Baker Hughes CEO Lorenzo Simonelli exclusively following the company's strong Q4 earnings, highlighting record-breaking performance in its industrial and energy technology se...
Baker Hughes Company (BKR) Q4 2024 Earnings Conference Call Transcript
Baker Hughes Company (NASDAQ:BKR) Q4 2024 Earnings Conference Call January 31, 2025 9:30 AM ET Company Participants Chase Mulvehill - VP, IR Lorenzo Simonelli - Chairman & CEO Nancy Buese - CFO Confe...
Baker Hughes: Rally Justified By LNG Growth And Margin Expansion
Baker Hughes shares gained 49% over the past year, driven by optimism around LNG development under the Trump Administration, alongside ongoing growth. The company reported strong Q4 earnings, with $0....
Baker Hughes beats quarterly profit estimates on oilfield technology demand
U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Thursday, helped by demand for its industrial and technology products.
Baker Hughes Announces Fourth-Quarter and Full-Year 2024 Results
Fourth-quarter highlights Orders of $7.5 billion , including $3.8 billion of IET orders. RPO of $33.1 billion , including IET RPO of $30.1 billion.
Baker Hughes Declares Increased Quarterly Dividend
HOUSTON and LONDON, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared an increased quarterly cash dividend of $0.23 per sha...
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Baker Hughes Secures Significant Gas Technology Order for Third Expansion Phase of Aramco's Jafurah Gas Field
HOUSTON and LONDON, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday it has been awarded an order by Tecnicas Reunidas for six gas compres...
Baker Hughes enters supply agreement with Venture Global
Oilfield services provider Baker Hughes said on Thursday it has signed an agreement with Venture Global to support its liquefied natural gas (LNG) projects in the United States with technology and equ...
Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG
HOUSTON and LONDON, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday that it has been awarded a major contract to provide a modularized li...
US oil and gas rig count falls to lowest since Dec 2021, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes said in its closely foll...
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...
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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 ...
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...
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...