Baker Hughes Company (BKR)
| Market Cap | 44.73B |
| Revenue (ttm) | 27.83B |
| Net Income (ttm) | 2.98B |
| Shares Out | 990.11M |
| EPS (ttm) | 2.98 |
| PE Ratio | 15.16 |
| Forward PE | 17.43 |
| Dividend | $0.92 (2.04%) |
| Ex-Dividend Date | Feb 11, 2025 |
| Volume | 5,367,121 |
| Open | 44.85 |
| Previous Close | 44.60 |
| Day's Range | 44.69 - 45.20 |
| 52-Week Range | 30.93 - 49.40 |
| Beta | 1.29 |
| Analysts | Strong Buy |
| Price Target | 50.26 (+11.22%) |
| Earnings Date | Apr 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 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 11.22% from the latest price.
News
US oil and gas rigs rise for first time in three weeks, Baker Hughes says
U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
Baker Hughes to Provide Fully Integrated Completions for Petrobras' Offshore Fields
HOUSTON and LONDON, March 20, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday a major, multi-year fully integrated completions systems contract wi...
Baker Hughes Secures Order to Provide Reliable and Efficient Power to U.S. Data Centers
HOUSTON and LONDON, March 13, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday an award from TURBINE-X Energy Inc. for its NovaLT™ gas turbine tech...
NextDecade, Baker Hughes Enter Framework Agreement for Rio Grande LNG Expansion Trains
HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) and Baker Hughes (NASDAQ: BKR) announced today that they have entered into a framework agreement whereby Nex...
CERAWEEK Baker Hughes says oil producers unlikely to increase spending this year
U.S. oil and gas producers are unlikely to increase spending this year and output increases will primarily come from improved efficiencies rather than new drilling, Baker Hughes BKR.O Chief Executive ...
Baker Hughes and Woodside Energy Announce Collaboration Framework to Develop Small-Scale Decarbonization Solution Utilizing Net Power Platform
HOUSTON and LONDON, March 06, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and Woodside Energy (ASX: WDS; NYSE: WDS), a leading Australian energy company, announc...
Baker Hughes and Frontier Infrastructure enter carbon capture partnership
Baker Hughes on Monday announced a partnership with Frontier Infrastructure to accelerate the development of the latter's large-scale carbon capture and storage (CCS) and power solutions in the United...
Baker Hughes names Ahmed Moghal as CFO
U.S. oilfield technology firm Baker Hughes said on Monday it has appointed Ahmed Moghal as its chief financial officer, effective immediately.
Baker Hughes Appoints Ahmed Moghal Chief Financial Officer
HOUSTON and LONDON, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ: BKR) (“Baker Hughes” or the “Company”) on Monday announced that Ahmed Moghal, a highly experienced finance leader wh...
Baker Hughes: Energy Services Firm Will Continue Firing On All Cylinders
Baker Hughes gets a buy rating despite being overvalued and trading well above its moving average, as several upside factors come into play. The firm will take advantage of demand for natural gas/LNG,...
US oil and gas rig count rises to highest since June, says Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row to the highest level since June, energy services firm Baker Hughes said in its closely followed report on Friday.
Calls of the Day: Baker Hughes, Adobe, Salesforce and Home Depot
The Investment Committee debate the latest Calls of the Day.
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...
These 6 stocks will tell you if Trump's economic policies are working or not
The Trump administration sees the stock market as a measure of its success.
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...