Baker Hughes Company (BKR)
|Net Income (ttm)||-10.53B|
|Trading Day||January 15|
|Day's Range||22.37 - 23.38|
|52-Week Range||9.02 - 23.71|
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by 12 to 287 this week. That followed increases in each of the last seven weeks.
Oil and gas drillers in the United States are likely to continue adding rigs to shale plays since the pricing environment is gradually improving.
Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually improving.
As a proof of the improving energy environment, refining biggies like Marathon Petroleum (MPC) and Phillips 66 (PSX) experienced sequential increase in utilization during the third quarter.
While the Santa Claus rally has been a nice end of the year gift, albeit with some selling yesterday, it has added to the already healthy gains for 2020.
Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually getting better.
HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes announces date for fourth quarter and full-year 2020 earnings release and webcast.
Occidental Petroleum (OXY) is the top performing energy stock within the S&P 500 in the past 3 months with a gain of 108.6% while Devon Energy (DVN) is the next best name on the list, soaring ...
Baker Hughes (BKR) and Saudi Aramco commence the construction of a new facility in Saudi Arabia to develop a diverse range of non-metallic products.
The shares of several oil companies are trading higher on Wednesday amid strength in oil prices. Oil prices are higher for the session on COVID-19 vaccine optimism and U.S. stimulus hopes, des...
Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually getting healthier.
Oil giant Saudi Aramco and energy services company Baker Hughes have formed a 50/50 joint venture, Novel, to develop a broad range of non-metallic products for multiple applications in the ene...
DHAHRAN, Saudi Arabia--(BUSINESS WIRE)--Novel, a 50/50 Joint Venture (JV), will develop and commercialize a broad range of non-metallic products for applications in the energy sector.
It's not a sector many investors are looking at right now -- but they should be.
Shares of several energy companies are trading higher on Thursday as oil prices have gained amid OPEC+ output cut discussions. There is positive market sentiment following positive U.S. unempl...
Oil and gas drillers in the United States are likely to continue to add rigs in the shale plays since the pricing environment of the commodity is now gradually getting healthier.
Volatile oil exploration and production companies like Occidental Petroleum (OXY), Devon Energy (DVN), Apache (APA), Diamondback Energy (FANG), Marathon Oil (MRO) and EOG Resources (EOG)will b...
The tally for oil and gas rigs in the United States declined for the first time in 10 weeks even though oil price has improved significantly over the past few months.
Some of the top gainers of the S&P 500 during the past month include energy-related names like Devon Energy (DVN), Baker Hughes Company (BKR), Diamondback Energy (FANG) and Marathon Oil (MRO).
After increasing for nine straight weeks, the tally of oil and gas rigs in the United States has jumped to the highest mark since May.
In this article we will present the 15 largest drilling companies in the world. Click to skip ahead and see the 5 largest drilling companies in the world .
Hearing that the Pfizer/BioNTech COVID-19 vaccine looks to be more than 90% effective in the fight against the spread of the disease was wonderful.
Würth and Baker Hughes Announce Joint Service Offering to Expand Additive Manufacturing Solutions for Customers Globally
INDIANAPOLIS and HOUSTON, Nov. 11, 2020 /PRNewswire/ -- Würth Industry North America (WINA) and Baker Hughes announced today a joint service offering to expand their capabilities to provide ad...
Baker Hughes Signs Agreement to Acquire Compact Carbon Capture Technology to Advance Industrial Decarbonization
HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NYSE: BKR) announced today it is acquiring Compact Carbon Capture (3C), a pioneering technology development company specializing in carbon capt...
HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes announced today that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share.
In October and July Kiplinger Today listed Analyst and Kiplinger favorite dividend stocks. Analyst October favorites numbered 25, plus 15 from Kiplinger, with one repeated left 39 total. These...
Baker Hughes Company (BKR) CEO Lorenzo Simonelli on Q3 2020 Results - Earnings Call Transcript
Despite energy market volatility, Baker Hughes (BKR) generates positive free cash flow of $52 million in the third quarter.
Baker Hughes Co. (NYSE: BKR) reported third-quarter 2020 results before markets opened Wednesday.
Baker Hughes (BKR) delivered earnings and revenue surprises of 0.00% and 5.46%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Baker Hughes Co. rose 1.4% in premarket trading Wednesday, after the oilfield services and products company reported an adjusted third-quarter profit that matched expectations while ...
LONDON & HOUSTON--(BUSINESS WIRE)--Baker Hughes Company Announces Third Quarter 2020 Results
On Wednesday, October 21, Baker Hughes (NYSE: BKR) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Baker Hughes (BKR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Per Baker Hughes' (BKR) data, the weekly count of oil drilling rigs rises the most since January, thanks to recovering crude prices.
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by 12 to 205 this week. The increase followed increases in each of the last three weeks.
Addition of rigs in domestic plays is likely to have supported Baker Hughes (BKR) since oilfield service players assist upstream firms to efficiently set up oil wells.
The stock market has staged long rallies following the past nine presidential elections.
Oil has rallied big off the levels of the spring debacle when the forward futures actually traded negative and panicked traders were forced to sell at a loss as those holding contracts on expi...
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.
Baker Hughes is poised to capture business through unique technology drivers.
As economies are reopening, most analysts opine that drillers will continue to add oil rigs.
Oil explorers' lower capital budget for upstream operations will continue to hurt demand for Baker Hughes' (BKR) oilfield services.
As economies are reopening, most analysts believe that drillers will continue to add oil rigs.
Baker Hughes BKR, -0.07% on Friday reported that the number of active U.S. rigs drilling for oil rose by 6 to 189 this week. The increase followed an increase of 4 oil rigs in the previous week.
Baker Hughes' (BKR) facilities located in Florence and Massa of Italy are set to be used for manufacturing, testing and packaging of the gas turbine/compressor trains.
Baker Hughes Announces Major LNG Turbomachinery Order from Qatar Petroleum for the North Field East (NFE) Project
HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes announced an order with longtime partner Qatar Petroleum to supply LNG turbomachinery for Qatar Petroleum’s NFE project.
Since economies are reopening, most analysts opine that the weekly rig count is likely to persistently increase.
As a result of the coronavirus-induced ailing market condition, offshore commitments are now estimated to be $34 billion in 2020, reflecting a third of $101 billion reported in 2019.
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 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 industrial chemical... [Read more...]
Oil & Gas Equipment & Services
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In 2019, Baker Hughes's revenue was $23.84 billion, an increase of 4.20% compared to the previous year's $22.88 billion. Earnings were $128.00 million, a decrease of -34.36%.
According to 28 analysts, the average rating for Baker Hughes stock is "Buy." The 12-month stock price forecast is 24.67, which is an increase of 7.87% from the latest price.