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Baker Hughes Company (BKR)

NYSE: BKR · IEX Real-Time Price · USD
24.68 -0.67 (-2.64%)
Oct 21, 2021 9:50 AM EDT - Market open
Market Cap22.26B
Revenue (ttm)20.47B
Net Income (ttm)-38.00M
Shares Out1.04B
EPS (ttm)-0.06
PE Ration/a
Forward PE20.70
Dividend$0.72 (2.92%)
Ex-Dividend DateAug 9, 2021
Volume1,711,547
Open24.87
Previous Close25.35
Day's Range24.40 - 25.31
52-Week Range12.90 - 27.66
Beta1.63
AnalystsBuy
Price Target29.07 (+17.8%)
Est. Earnings Daten/a

About BKR

Baker Hughes Company provides a portfolio of technologies and services worldwide. The company operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS). The OFS segment offers exploration, drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, completions tools and systems, wellbore intervention tools and services, artificial lift systems, pressure pumping systems, and oilfield and indust...

IndustryEnergy Equipment & Services
CEOMartin Craighead
Employees54,000
Stock ExchangeNYSE
Ticker SymbolBKR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 28 analysts, the average rating for Baker Hughes stock is "Buy." The 12-month stock price forecast is 29.07, which is an increase of 17.79% from the latest price.

Price Target
$29.07
(17.79% upside)
Analyst Consensus: Buy

News

Baker Hughes (BKR) Q3 Earnings & Revenues Miss Estimates

A decline in cost productivity in Digital Solutions hurts Baker Hughes' (BKR) Q3 earnings.

22 hours ago - Zacks Investment Research

Baker Hughes (BKR) Q3 Earnings and Revenues Lag Estimates

Baker Hughes (BKR) delivered earnings and revenue surprises of -27.27% and -4.69%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

23 hours ago - Zacks Investment Research

Baker Hughes posts Q3 profit as drilling demand returns

Baker Hughes Co reported a quarterly profit on Wednesday compared to a year-ago loss, as crude prices recovered to pre-pandemic levels, fueling drilling activity and demand for oilfield services.

1 day ago - Reuters

Baker Hughes Company Announces Third Quarter 2021 Results

LONDON & HOUSTON--(BUSINESS WIRE)--Baker Hughes announces results for the third quarter 2021.

1 day ago - Business Wire

Want 119% to 145% Returns? Try These Growth Stocks, Says Wall Street

The stock market might be near all-time highs, but some Wall Street firms are still finding major growth opportunities.

Other symbols:AIGOOGGOOGLMSFTMU
1 day ago - The Motley Fool

Earnings Outlook For Baker Hughes

Baker Hughes(NYSE:BKR) is set to give its latest quarterly earnings report on Wednesday, 2021-10-20. Here's what investors need to know before the announcement.

1 day ago - Benzinga

Is a Beat in Store for Baker Hughes' (BKR) Q3 Earnings?

Higher oilfield service activities are likely to have aided Baker Hughes' (BKR) Q3 earnings.

2 days ago - Zacks Investment Research

Baker Hughes (BKR) Closes Subsea Drilling Merger, Forms HMH

Via Baker Hughes' (BKR) equity method, profits from the HMH JV are set to reflect on the company's overall results.

6 days ago - Zacks Investment Research

Baker Hughes (BKR) Earnings Expected to Grow: Should You Buy?

Baker Hughes (BKR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

Oil Service Firms Focus on Digitization to Drive Returns

For oilfield service providers like Halliburton (HAL), Baker Hughes (BKR) and Schlumberger (SLB), the pandemic has acted as a catalyst in making digital transformation a key part of their strategy.

Other symbols:ACNEQNRFTIHALMSFTSLB
1 week ago - Zacks Investment Research

US Oil & Natural Gas Rig Tally Rises for 5 Straight Weeks

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for nine straight weeks.

Other symbols:CLRHALSLBWLL
1 week ago - Zacks Investment Research

Could Energy Lead the Stock Market Higher in 2022?

Oil and gas stocks have done very well lately.

1 week ago - The Motley Fool

Baker Hughes' Subsea Drilling Systems and Akastor's MHWirth Complete Merger to Form HMH

HOUSTON & FORNEBU, Norway--(BUSINESS WIRE)--The merger of Baker Hughes' (NYSE: BKR) Subsea Drilling Systems business (SDS) and Akastor ASA's (Oslo: AKAST) wholly-owned subsidiary, MHWirth AS (MHWirth), ...

2 weeks ago - Business Wire

US Oil & Natural Gas Rig Tally Rises for 4 Straight Weeks

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for eight straight weeks.

Other symbols:CLRHALSLBWLL
2 weeks ago - Zacks Investment Research

Akastor ASA and Baker Hughes complete merger between MHWirth and SDS

OSLO, Norway, Oct. 1, 2021 /PRNewswire/ -- Reference is made to the joint press announcement dated 2 March 2021 from Baker Hughes (NYSE: BKR) and Akastor ASA (Oslo: AKAST). The parties have today comple...

2 weeks ago - PRNewsWire

Akastor ASA completes refinancing of its corporate credit facility

OSLO, Norway, Oct. 1, 2021 /PRNewswire/ -- Reference is made to the joint press announcement dated 2 March 2021 from Baker Hughes (NYSE: BKR) and Akastor ASA (Oslo: AKAST). Simultaneous with the complet...

2 weeks ago - PRNewsWire

4 Oilfield Services Stocks for Solid Returns Despite Challenges

Tepid upstream spending in the North American market continues to hurt the Zacks Oil and Gas - Field Services industry. Amid such a scenario, SLB, OII, RNGR & NINE are well positioned to not only pull t...

Other symbols:HALNINEOIIRNGRSLB
2 weeks ago - Zacks Investment Research

US Oil & Natural Gas Rig Tally Rises for 3 Straight Weeks

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for seven straight weeks.

Other symbols:ESTEHALSLBWLL
3 weeks ago - Zacks Investment Research

Baker Hughes CEO lays out 'hard truths' behind the energy transition as gas prices surge

Lorenzo Simonelli was speaking to CNBC at the Gastech conference in Dubai, United Arab Emirates.

4 weeks ago - CNBC

Baker Hughes Announces Date for Third Quarter 2021 Earnings Release and Webcast

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NYSE: BKR) will hold a webcast on Wednesday, October 20, 2021 to discuss the results for the third quarter ending September 30, 2021. The webcast is sche...

4 weeks ago - Business Wire

Gas is key for energy transition and is a 'destination fuel' as well: Baker Hughes CEO

Baker Hughes CEO Lorenzo Simonelli discusses how the ongoing Europe gas crisis has highlighted the need for energy security and the adoption of new technologies to enable the energy transition.

4 weeks ago - CNBC International TV

Gas has an important role to play in the energy transition, says Baker Hughes CEO Lorenzo Simonelli

Gas has an important role to play in the energy transition, says Baker Hughes CEO Lorenzo Simonelli

4 weeks ago - CNBC International TV

Baker Hughes (BKR) Signs Deal to Lower Gas Flaring in Iraq

While helping Iraq to significantly reduce flaring and augmenting gas production, Baker Hughes (BKR) is well placed to generate significant cash flows.

4 weeks ago - Zacks Investment Research

US Oil & Natural Gas Rig Tally Rises for 2 Straight Weeks

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for six straight weeks.

Other symbols:ESTEHALSLBWLL
1 month ago - Zacks Investment Research

7 Momentum Stocks That Show No Signs of Slowing Down

Momentum stocks rely on a strategy of buying into strength. These performers are all worth buying into at the moment.

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1 month ago - InvestorPlace