Baker Hughes Company (BKR)
| Market Cap | 42.62B |
| Revenue (ttm) | 27.30B |
| Net Income (ttm) | 2.24B |
| Shares Out | 989.53M |
| EPS (ttm) | 2.23 |
| PE Ratio | 19.33 |
| Forward PE | 17.52 |
| Dividend | $0.84 (1.95%) |
| Ex-Dividend Date | Nov 4, 2024 |
| Volume | 4,400,636 |
| Open | 43.55 |
| Previous Close | 42.94 |
| Day's Range | 42.96 - 43.79 |
| 52-Week Range | 28.32 - 44.50 |
| Beta | 1.36 |
| Analysts | Strong Buy |
| Price Target | 44.59 (+3.53%) |
| Earnings Date | Oct 22, 2024 |
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
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for BKR stock is "Strong Buy." The 12-month stock price forecast is $44.59, which is an increase of 3.53% from the latest price.
News
Baker Hughes Digital Transformation Strategy and Innovation Programs 2024
Dublin, Nov. 18, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Baker Hughes 2024" company profile has been added to ResearchAndMarkets.com's offering. The report provides information...
Final Trades: Bitcoin, Abbvie and Baker Hughes
The Investment Committee reveals their final trades for today.
Innovative Baker Hughes Emissions Abatement Solution Chosen to Reduce Routine Flaring at SOCAR's Baku Oil Refinery
BAKU, Azerbaijan, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and SOCAR announced Thursday the signing of a contract for an integrated gas recovery and ...
Woodside Teams up With Baker Hughes and Bechtel to Pedal for a Purpose
HOUSTON--(BUSINESS WIRE)--Woodside Energy, Baker Hughes and Bechtel have teamed up to go the distance and raise money for United Way of Greater Houston in a tricycle race. The race raised $150,000 for...
What A Trump Victory Means For Oil Prices and Stocks
Oil stocks are trading cautiously, giving up some of their initial gains from Wednesday in the wake of former President Trump's election victory, as concerns grow that benefits the energy sector may r...
These Energy Stocks are Surging the Most on the Trump Victory
Trump went all-in on oil during his campaign.
Energy demand is rising, Baker Hughes CEO says
Lorenzo Simonelli, Baker Hughes CEO, discusses the energy outlook for different regions, and says "the increase in energy demand is there, and we're going to see activity continue to increase."
Black & Veatch Announces Collaboration with Baker Hughes on Standard LNG Solution Utilizing PRICO® Technology at ADIPEC 2024
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Black & Veatch, a global liquefied natural gas (LNG) infrastructure solutions leader, has announced from ADIPEC 2024 a collaboration agreement with Ba...
Trade Tracker: Josh Brown buys Baker Hughes
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to discuss why he's buying the energy name.
US oil and gas rig count unchanged this week, Baker Hughes says
U.S. energy firms kept the number of oil and natural gas rigs operating unchanged for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.
10 S&P 500 Stocks Were Worst Performers In First Year Of Trump's Presidency: Will They Sink Again?
Former President Donald Trump's four years in the White House offer insights into which stocks and sectors might benefit or suffer if he secures a second term in the 2024 election.
Baker Hughes: A Possible Rise In Drilling Activity Could Boost Oil & Gas Equipment Demand
The oil & gas sector is experiencing significant momentum, but still lags the S&P 500 on a YTD basis. I explore US energy picks in a Trump Vs. Harris analysis. Reflexive patterns in revenue, earnings ...
Baker Hughes to supply pipe systems to Brazil's Petrobras
Oilfield services company Baker Hughes announced an agreement on Monday to supply Petrobras with 77 kilometers (47.85 miles) of flexible pipe systems for Brazil's pre-salt fields in the Santos Basin.
Baker Hughes Awarded Contracts to Supply Petrobras with Flexible Pipe Systems, Associated Services across Several Fields
HOUSTON and LONDON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday significant contracts with Petrobras to provide 77 km of flexible pipe ...
Baker Hughes Q3 Results: Decent Performance, But I Am Cautious For Now
Baker Hughes Company reported mixed Q3 results, with strong backlog and improved margins, but lower orders raise concerns about future growth. The company's financial position is solid with $2.66B in ...
Baker Hughes Company (BKR) Q3 2024 Earnings Call Transcript
Baker Hughes Company (NASDAQ:BKR) Q3 2024 Earnings Conference Call October 23, 2024 9:30 AM ET Company Participants Chase Mulvehill - VP, IR Lorenzo Simonelli - Chairman & CEO Nancy Buese - CFO Confe...
Baker Hughes CEO breaks down earnings results after beating expectations
Lorenzo Simonelli, Baker Hughes chairman and CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, the shift away from the cyclicality of the energy market, and much more.
Baker Hughes forecasts higher margins on strong order backlog
Baker Hughes on Wednesday forecast continued pretax margin gains in the fourth quarter and next year after beating Wall Street estimates for its third-quarter profit.
Baker Hughes tops profit estimates on international drilling demand
Baker Hughes beat Wall Street estimates for third-quarter profit on Tuesday, helped by sustained demand for its drilling equipment and oilfield technology in international markets.
Baker Hughes Company Announces Third-Quarter 2024 Results
Third-quarter highlights Orders of $6.7 billion , including $2.9 billion of IET orders. RPO of $33.4 billion , including record IET RPO of $30.2 billion.
Akastor ASA: HMH appoints Dan Rabun as Chairman of the Board of Directors
FORNEBU, Norway , Oct. 21, 2024 /PRNewswire/ -- Akastor ASA's (OSE: AKAST) 50% owned affiliate HMH Holding B.V. ("HMH") has today announced that Mr.
Baker Hughes, Repsol to Develop Next Generation Digital Capabilities Through Leucipa™
HOUSTON and LONDON, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and Repsol, a global multi-energy company, announced Monday a new agreement to collabora...
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 Friday.
Baker Hughes Lands Largest Integrated Compressor Line Order in Company's History
HOUSTON and LONDON, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday its largest order ever of Integrated Compressor Line (ICL) units with ...