Baker Hughes Company (BKR)

NASDAQ: BKR · IEX Real-Time Price · USD
24.75
-0.31 (-1.24%)
At close: Aug 17, 2022 4:00 PM
24.65
-0.10 (-0.40%)
After-hours: Aug 17, 2022 6:51 PM EDT
-1.24%
Market Cap 25.21B
Revenue (ttm) 20.46B
Net Income (ttm) -466.00M
Shares Out 1.02B
EPS (ttm) 0.40
PE Ratio 61.88
Forward PE 22.42
Dividend $0.72 (2.91%)
Ex-Dividend Date Aug 8, 2022
Volume 10,940,585
Open 24.83
Previous Close 25.06
Day's Range 24.49 - 25.19
52-Week Range 19.84 - 39.78
Beta 1.41
Analysts Buy
Price Target 36.33 (+46.8%)
Earnings Date Jul 20, 2022

About BKR

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. It 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, wireline services, downhole completion tools and systems, wellbore intervention tools and services, pressure pumping sy... [Read more...]

Industry Energy Equipment & Services
CEO Martin Craighead
Employees 55,000
Stock Exchange NASDAQ
Ticker Symbol BKR
Full Company Profile

Financial Performance

In 2021, BKR's revenue was $20.50 billion, a decrease of -0.98% compared to the previous year's $20.71 billion. Losses were -$219.00 million, -97.80% less than in 2020.

Financial Statements

Analyst Forecast

According to 29 analysts, the average rating for BKR stock is "Buy." The 12-month stock price forecast is 36.33, which is an increase of 46.79% from the latest price.

Price Target
$36.33
(46.79% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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Baker Hughes Acquires Power Generation Division of BRUSH Group to Enhance its Electric Machinery Portfolio

HOUSTON and LONDON, Aug. 08, 2022 (GLOBE NEWSWIRE) --  Baker Hughes (Nasdaq: BKR) announced it has agreed to acquire the Power Generation division of BRUSH Group (“BRUSH”) from One Equity Partners. BRUS...

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Baker Hughes to sell OFS Russia business to local management team

Baker Hughes Co. BKR, +2.84% announced Monday an agreement to sell its oilfield services (OFS) business in Russia to its local management team. Financial details of the deal were not disclosed.

Baker Hughes Declares Quarterly Dividend

HOUSTON and LONDON, July 29, 2022 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share of Class A common sto...

Baker Hughes data show a weekly rise in the number of active U.S. oil-drilling rigs

Baker Hughes BKR, +1.06% on Friday reported that the number of active U.S. rigs drilling for oil was up by 6 to 605 this week. The total active U.S. rig count, which includes those drilling for natural ...

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5 Reasons the Market Is Wrong to Sell Off Baker Hughes

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High energy demand could lead to higher prices in the coming weeks, Goldman Sachs' Damien Courvalin

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Why Baker Hughes Stock Is Tumbling Hard Today

Fears of a recession are catching up fast with the energy industry.

Baker Hughes misses earnings on ‘deteriorating' oil demand

Yahoo Finance Live anchors Julie Hyman, Brad Smith and Brian Sozzi discuss second-quarter earnings for Baker Hughes.

Baker Hughes Stock Gets Slammed as Earnings Hit by Supply Delays

Baker Hughes says chip and electronic component availability shortages are impacting order conversions.

Baker Hughes (BKR) Stock Sinks on Disappointing Earnings Results

BKR stock is sliding fast as Wall Street considers Baker Hughes' headwinds, which include high inflation and petroleum demand destruction. The post Baker Hughes (BKR) Stock Sinks on Disappointing Earnin...

Baker Hughes shares down 15% on Q2 results: oil demand is ‘deteriorating'

Shares of Baker Hughes Co (NASDAQ: BKR) are down nearly 15% on Wednesday after the oilfield services company reported weaker-than-expected results for its fiscal second quarter.

Baker Hughes (BKR) Misses Earnings & Revenue Estimates in Q2

A decline in cost productivity and inflation pressures in Digital Solutions hurt Baker Hughes' (BKR) earnings in Q2.

Baker Hughes (BKR) Q2 Earnings and Revenues Lag Estimates

Baker Hughes (BKR) delivered earnings and revenue surprises of -50% and 6.06%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Why Baker Hughes Shares Are Diving Today

Baker Hughes Co (NASDAQ: BKR) reported a second-quarter revenue decline of 2% year-over-year and a 4% growth sequentially to $5.05 billion, missing the consensus of $5.34 billion. Orders grew by 15% Y/Y...

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Baker Hughes stock drops after adjusted profit and revenue miss expectations, demand seen deteriorating

Shares of Baker Hughes Co. BKR, +3.90% dropped 4.3% in premarket trading Wednesday, after the oilfield products and services company reported second-quarter results that missed expectations, as componen...

Baker Hughes adjusted profit rises 37% as oilfield services demand booms

Baker Hughes Co on Wednesday reported a 37.34% rise in adjusted second-quarter profit from a year earlier, fueled by strong demand for its oilfield services from companies looking to raise production am...

Baker Hughes Company Announces Second Quarter 2022 Results

LONDON & HOUSTON--(BUSINESS WIRE)--Baker Hughes Company (Nasdaq: BKR) ("Baker Hughes" or the "Company") announced results today for the second quarter of 2022.   Three Months Ended   Variance (in millio...

Permian Basin Oil Rig Count Falls, Granite Wash Tally Rises

In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is lower in the Permian Basin.

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