Baker Hughes Company (BKR)
| 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]
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 $48.53, which is an increase of 32.31% from the latest price.
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...
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.
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.
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...
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.
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...
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...
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.
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...
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.
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...
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...
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 ...
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.
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...
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,...