Baker Hughes Company (BKR)

NASDAQ: BKR · Real-Time Price · USD
36.68
-0.55 (-1.48%)
At close: May 28, 2025, 4:00 PM
37.00
+0.32 (0.87%)
After-hours: May 28, 2025, 7:56 PM EDT
-1.48%
Market Cap 36.34B
Revenue (ttm) 27.84B
Net Income (ttm) 2.93B
Shares Out 990.75M
EPS (ttm) 2.93
PE Ratio 12.51
Forward PE 15.20
Dividend $0.92 (2.51%)
Ex-Dividend Date May 6, 2025
Volume 4,856,180
Open 37.60
Previous Close 37.23
Day's Range 36.57 - 37.65
52-Week Range 30.93 - 49.40
Beta 0.94
Analysts Strong Buy
Price Target 48.53 (+32.31%)
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]

Sector Energy
Founded 2016
Employees 57,000
Stock Exchange NASDAQ
Ticker Symbol BKR
Full Company Profile

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 Statements

Analyst Forecast

According to 20 analysts, the average rating for BKR stock is "Strong Buy." The 12-month stock price forecast is $48.53, which is an increase of 32.31% from the latest price.

Price Target
$48.53
(32.31% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

100 Sustainable Dividend Dogs: 18 "Safer", 4 Ideal May Buys

I analyze Barron's top 100 sustainable companies, focusing on dividend-paying stocks using the yield-based 'dogcatcher' strategy for value and income. Six of 83 dividend-paying ESG stocks meet the ide...

Other symbols: APDAVNTBBYCPBESGISHPE
3 days ago - Seeking Alpha

US oil and gas rig count falls to lowest since January, Baker Hughes says

U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on Friday.

19 days ago - Reuters

Meta, Baker Hughes and Other ‘Fallen Angel' Stocks Due for a Rebound

The downbeat mood on Wall Street could be a great opportunity to buy the dip in quality stocks, according to a Wednesday report by J.P. Morgan.

Other symbols: META
4 weeks ago - Barrons

Baker Hughes Company (BKR) Q1 2025 Earnings Call Transcript

Baker Hughes Company (NASDAQ:BKR) Q1 2025 Earnings Conference Call April 23, 2025 9:30 AM ET Company Participants Chase Mulvehill - Vice President, Investor Relations Lorenzo Simonelli - Chairman and...

5 weeks ago - Seeking Alpha

Baker Hughes forecasts drop in producer spending as tariffs pinch demand

U.S. oilfield service provider Baker Hughes on Wednesday forecast steeper drops in spending by global oil producers as tariffs dent demand expectations and push down prices for crude.

5 weeks ago - Reuters

Baker Hughes Remains Resilient As It Navigates An Uncertain Market

Baker Hughes reported mixed Q1'25 results; strong growth in Infrastructure & Energy Technology (IET) offsets Oilfield Services & Equipment (OFSE) uncertainty. Reiterating BUY rating with a $46/share t...

5 weeks ago - Seeking Alpha

Baker Hughes reports first-quarter profit beat

U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for first-quarter profit on Tuesday, helped by sustained demand for its drilling equipment and technology in international markets...

5 weeks ago - Reuters

Baker Hughes Company Announces First-Quarter 2025 Results

First-quarter highlights Orders of $6.5 billion , including $3.2 billion of IET orders. RPO of $33.2 billion , including record IET RPO of $30.4 billion.

5 weeks ago - GlobeNewsWire

Baker Hughes Declares Quarterly Dividend

HOUSTON and LONDON, April 22, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.23 per share of Clas...

5 weeks ago - GlobeNewsWire

US drillers add oil and gas rigs for first time in four weeks, Baker Hughes says

U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Thursday.

5 weeks ago - Reuters

US oilfield services firms brace for earnings as tariffs cloud outlook

Results next week will likely provide a peek into how the world's top three oilfield services companies are navigating the uncertainty fueled by the on-again, off-again U.S. tariffs, as well as a rece...

Other symbols: HALSLB
5 weeks ago - Reuters

US oil rig count falls by most in a week since June 2023, Baker Hughes says

U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig count for a third consecutive week, energy services firm Baker Hughes said in...

6 weeks ago - Reuters

US oil rig count rises to highest since June, Baker Hughes says

U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs rose to the highest since June, energy services firm Baker Hughes said in ...

7 weeks ago - Reuters

US drillers cut oil and gas rigs for first time in three weeks, Baker Hughes says

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks energy, services firm Baker Hughes said in its closely followed report on Friday.

2 months ago - Reuters

Baker Hughes Awarded Integrated Coiled-Tubing Drilling Contract for Dubai Petroleum Establishment's Margham Gas Storage Project

HOUSTON and LONDON, March 26, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a multi-year contract with Dubai Petroleum Establishment (DPE), for...

2 months ago - GlobeNewsWire

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.

2 months ago - Reuters

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

Other symbols: NEXT
2 months ago - Business Wire

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 ...

2 months ago - Reuters

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...

2 months ago - GlobeNewsWire

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...

3 months ago - Reuters

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.

3 months ago - Reuters

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...

3 months ago - GlobeNewsWire

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,...

3 months ago - Seeking Alpha