Baker Hughes Company (BKR)
| Market Cap | 37.11B |
| Revenue (ttm) | 27.03B |
| Net Income (ttm) | 1.99B |
| Shares Out | 993.42M |
| EPS (ttm) | 1.97 |
| PE Ratio | 18.97 |
| Forward PE | 15.28 |
| Dividend | $0.84 (2.25%) |
| Ex-Dividend Date | Aug 6, 2024 |
| Volume | 2,513,423 |
| Open | 37.60 |
| Previous Close | 37.96 |
| Day's Range | 36.94 - 37.67 |
| 52-Week Range | 28.32 - 39.05 |
| Beta | 1.37 |
| Analysts | Strong Buy |
| Price Target | 43.69 (+16.96%) |
| 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 17 analysts, the average rating for BKR stock is "Strong Buy." The 12-month stock price forecast is $43.69, which is an increase of 16.96% from the latest price.
News
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 ...
Top Energy Stocks For Q4
The energy sector has underperformed in 2024 due to declining oil prices amid weakened demand and oversupply. An economic stimulus package in China and increased geopolitical tensions in the Middle Ea...
US drillers cut oil and gas rigs for third week in a row - Baker Hughes
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services firm Baker Hughes said on Friday in its closely followed report.
US drillers cut oil and gas rigs for second week in a row - Baker Hughes
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.
US drillers cut oil and gas rigs for fifth week in six, Baker Hughes says
U.S. energy firms this week resumed cutting the number of oil and natural gas rigs after adding rigs last week, with the count falling for a fifth week in six, energy services firm Baker Hughes said i...
Baker Hughes CEO on opportunities in AI, new power demand
Lorenzo Simonelli, Baker Hughes chairman and CEO, joins 'Money Movers' to discuss where Baker Hughes fits into the AI story, the amount of power needed for the digitalization of the economy, and much ...
US drillers add oil and gas rigs for first time in five weeks, Baker Hughes says
U.S. energy firms this week added oil and natural gas rigs for the first time in five weeks in the biggest weekly rise in a year, energy services firm Baker Hughes said in its closely followed report ...
Halliburton At A Disadvantage, Analyst Says: Schlumberger And Baker Hughes 'In Better Position'
Earlier this month, Halliburton Company HAL said that a cyberattack had disrupted its critical business applications.
Baker Hughes Has Two Catalysts In Two Years
Baker Hughes Company is well-positioned in the energy sector, focusing on gas technology and LNG to meet global natural gas demand and enhance oil well production lifecycles. Management targets 20% EB...
Baker Hughes Launches CarbonEdge™, a Digital End-to-End Solution to Mitigate Risk, Optimize Operations and Streamline Reporting for CCUS Projects
HOUSTON and LONDON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday the launch of CarbonEdge™, powered by Cordant™, the first end-to-end...
Baker Hughes Announces Dates for Third-quarter 2024 Earnings Release and Webcast
HOUSTON and LONDON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the third quarter ending Sept. 30, 2024, via press release at 5 p.m. Eastern Time (4 p.m....
GE Vernova and 4 Other Stocks to Play the Surge in Electricity Demand
Evercore analyst James West sees opportunities in companies working to address some of the issues facing the electrical industry, including the extreme stress on the power grid.
Baker Hughes Company (BKR) Barclays 38th Annual CEO Energy-Power Conference (Transcript)
Baker Hughes Company (NASDAQ:BKR) Barclays 38th Annual CEO Energy-Power Conference Call September 4, 2024 8:35 AM ET Company Participants Lorenzo Simonelli - Chief Executive Officer Conference Call P...
Baker Hughes CEO Expects Weakness in US Drilling
Baker Hughes CEO Lorenzo Simonelli expects weakness in the US drilling market for the second half of this year, but he says global energy demand is rising. Simonelli says there are also opportunities ...
Baker Hughes Announces Leadership Changes to Continue Strategic Growth and Customer Success
HOUSTON and LONDON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ: BKR) (“Baker Hughes” or the “Company”) announced Tuesday several changes to its leadership team, effective by Oct. ...
US drillers cut oil and gas rigs for second time in three weeks - Baker Hughes -
U.S. energy firms this week cuts oil and natural gas rigs for the second time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
Akastor ASA: Update on HMH's US listing process
FORNEBU, Norway , Aug. 13, 2024 /PRNewswire/ -- Reference is made to Akastor ASA's (OSE: AKAST) press release 3 June 2024 concerning its 50% owned affiliate HMH Holding B.V. ("HMH") and the confidenti...
US drillers add oil and gas rigs for third time in four weeks - Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
US drillers cut oil and gas rigs for first time in three weeks - Baker Hughes
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
These Analysts Boost Their Forecasts On Baker Hughes After Strong Q2 Results
Baker Hughes Company BKR reported better-than-expected second-quarter earnings, after the closing bell on Thursday.
U.S. Oil And Gas Rig Count In Biggest Monthly Rise Since November 2022
A leading energy industry report has revealed a steadily climbing number of oil and gas rigs in the U.S. offering a harbinger of improved near-term oil and gas production stateside.
US oil/gas rig count rises in July in biggest monthly hike since Nov 2022 -Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a second week in a row , boosting the monthly count by the most since November 2022, energy services firm Baker Hughes said in its closel...
Baker Hughes Company (BKR) Q2 2024 Earnings Call Transcript
Baker Hughes Company (NASDAQ:BKR) Q2 2024 Results Conference Call July 26, 2024 9:30 AM ET Company Participants Chase Mulvehill - VP, IR Lorenzo Simonelli - Chairman and CEO Nancy Buese - CFO Confere...
Baker Hughes sees lower North America activity; bets on foreign demand
Baker Hughes cut its outlook for spending by oil producers on Friday, citing lower drilling activity by North American companies, joining other oilfield service companies in warning about softness in ...