Baker Hughes Company (BKR)
| Market Cap | 39.27B |
| Revenue (ttm) | 27.84B |
| Net Income (ttm) | 2.93B |
| Shares Out | 990.75M |
| EPS (ttm) | 2.93 |
| PE Ratio | 13.52 |
| Forward PE | 16.61 |
| Dividend | $0.92 (2.32%) |
| Ex-Dividend Date | May 6, 2025 |
| Volume | 3,602,336 |
| Open | 39.62 |
| Previous Close | 39.83 |
| Day's Range | 39.55 - 39.90 |
| 52-Week Range | 32.25 - 49.40 |
| Beta | 0.89 |
| Analysts | Strong Buy |
| Price Target | 49.00 (+23.61%) |
| Earnings Date | Jul 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 Summary
According to 20 analysts, the average rating for BKR stock is "Strong Buy." The 12-month stock price target is $49.0, which is an increase of 23.61% from the latest price.
News
20 oil stocks passing a quality screen as Investors wonder what Iran will do next
Nobody knows how badly the international oil market might be disrupted by Iran. But if you want to take advantage of the uncertainty, a screen encompassing debt levels and cash flow can limit your ris...
Baker Hughes to Acquire Continental Disc Corporation, a Differentiated Leader in Pressure Management Solutions
HOUSTON and LONDON, June 16, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday it has agreed to acquire Continental Disc Corporation (CDC), a leading ...
Baker Hughes CEO: Focus on future oil demand-supply dynamics, not short term volatility
Lorenzo Simonelli, CEO of Baker Hughes discusses the recent Israel-Iran and its' impact on volatility in oil prices and stresses not to focus on short-term volatility in oil prices. He also touches on...
Baker Hughes says all facilities operating in Middle East
All the facilities of energy services firm Baker Hughes are operating normally in the Middle East, chief executive Lorenzo Simonelli told Reuters on the sidelines of the Energy Asia conference on Mond...
Energy giants Baker Hughes, Woodside shy away from making oil forecasts as Iran-Israel conflict escalates
Two CEOs told CNBC that they are monitoring the situation, but would not predict the price of oil. There will be more significant price effects, they said, if Iran closes the critical Strait of Hormuz...
US drillers cut oil/gas rigs for 7th week to lowest since 2021, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely fo...
Baker Hughes Announces Dates for Second-quarter Earnings Release and Webcast
HOUSTON and LONDON, June 13, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the second quarter ending June 30, 2025, via press release at 5 p.m. Eastern Time (4 p.m. ...
Baker Hughes's Solid Backlog Creates An Opportunity (Rating Upgrade)
I am upgrading Baker Hughes to a buy, as its LNG-driven IET segment offers predictable growth and strong backlog, offsetting oilfield cyclicality. Recent divestitures at high multiples bolster cash re...
Baker Hughes to sell sensor unit to Crane for $1.15 billion
Baker Hughes said on Monday it will sell its precision sensors and instrumentation (PSI) product line to aerospace and defense parts manufacturer Crane for $1.15 billion, as the oilfield services prov...
Baker Hughes Announces Sale of Precision Sensors & Instrumentation Product Line to Crane Company
Product line includes Druck, Panametrics and Reuter-Stokes brands Transaction aligns with Baker Hughes' ongoing portfolio optimization HOUSTON and LONDON, June 09, 2025 (GLOBE NEWSWIRE) -- Baker Hughe...
Crane Company to Acquire Precision Sensors & Instrumentation from Baker Hughes Company
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, announced that it has signed an agreement to acquire P...
Baker Hughes Enterprise Digital Transformation Strategy Profile 2025: Accelerators, Incubators, and Innovation Programs
Explore Baker Hughes Co's innovative energy solutions and digital transformation strategies with insights into their technology initiatives, partnerships, product launches, and more. Discover their fo...
CMG and Baker Hughes Announce Agreement to Advance Digital Integration
Delivering Enhanced Workflows for a Connected Customer Experience CALGARY, Alberta, June 03, 2025 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to an...
Oilfield equipment maker Cactus to buy controlling interest in Baker Hughes' unit
Oilfield equipment maker Cactus said on Monday it would purchase a 65% interest in Baker Hughes' surface pressure control business for $344.5 million.
Baker Hughes, Cactus Create Joint Venture for Surface Pressure Control Services
HOUSTON and LONDON, June 02, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday an agreement to form a new joint venture with a subsidiary of Cactus, I...
US drillers cut oil and gas rigs to lowest since November 2021 -Baker Hughes
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. It was the ...
C3.ai: With Baker Hughes Back On Board, Full Steam Ahead
C3.ai surged after a strong Q4 earnings print, with investors cheering the renewal of its reseller agreement with Baker Hughes through 2028. Despite recent gains, C3.ai remains undervalued versus peer...
Baker Hughes to Supply NovaLT™ Gas Turbines for Frontier Infrastructure's U.S. Data Center Project, Delivering 270 MW of Reliable Power
HOUSTON and LONDON, May 29, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday an award from Frontier Infrastructure Holdings (“Frontier”), a Tailwa...
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...