Baker Hughes Company BKR reported second-quarter 2026 adjusted earnings of 64 cents per share, up 2% year over year. The figure beat the Zacks Consensus Estimate of 51 cents by 25.5%.Revenues of $6.74 billion surpassed the consensus mark of $6.49 billion by 3.9%. However, the figure declined 2% fro…
Orders and backlog reached record highs, driven by surging IET demand and major LNG and power contracts. Revenue was $6.7 billion, with adjusted EBITDA of $1.2 billion and strong free cash flow. The Chart acquisition and portfolio actions expanded capabilities, while management raised IET order gui…
Second-quarter highlightsHOUSTON and LONDON, July 26, 2026 (GLOBE NEWSWIRE) -- Baker Hughes Company NASDAQ:BKR ("Baker Hughes" or the "Company") announced results today for the second quarter of 2026."Baker Hughes delivered another strong quarter, reflecting the breadth of our portfolio and continu…
HOUSTON and LONDON, July 26, 2026 (GLOBE NEWSWIRE) -- Baker Hughes NASDAQ:BKR announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.23 per share of Class A common stock payable on Aug. 17, 2026, to holders of record on Aug. 7, 2026.Baker Hughes expects to…
Energy technology company Baker Hughes NASDAQ:BKR will be announcing earnings results next tomorrow after the bell. Here’s what to expect.Baker Hughes beat analysts’ revenue expectations last quarter, reporting revenues of $6.59 billion, up 2.5% year on year. It was a stunning quarter for the compa…
Baker Hughes Company Class A (NASDAQ:BKR) faces regional disruption as Norwegian labor strikes cut national petroleum output by about 2.4M boe through July 9, while Barclays holds an Equal-Weight rating and trims its 12‑month price target to $72 from $74, signaling cautious outlook.Previous Week Re…
HOUSTON and LONDON, July 16, 2026 (GLOBE NEWSWIRE) -- Baker Hughes Company NASDAQ:BKR (“Baker Hughes” or “the Company”) today announced the successful completion of its acquisition of Chart Industries, Inc. NYSE:GTLS (“Chart”). This strategic transaction is a major milestone in Baker Hughes’ transf…
HOUSTON and LONDON, July 09, 2026 (GLOBE NEWSWIRE) -- Baker Hughes NASDAQ:BKR, an energy technology company, announced Thursday three substantial awards for Cheniere’s Sabine Pass LNG facility in Cameron Parish, Louisiana. The awards, booked in the second quarter, comprise orders from Bechtel Energ…
Baker Hughes (BKR) on Wednesday signed an agreement with Kodiak Gas Services (KGS) to supply gas turbines and generators as part of a framework to deploy up to 1.8 gigawatts of power capacity to support Kodiak’s expanding energy infrastructure initiatives, including supplying energy to data centers…
What Happened? Shares of energy technology company Baker Hughes NASDAQ:BKR jumped 2.5% in the afternoon session after oil prices surged following attacks on commercial ships near the Strait of Hormuz.Multiple tankers were reportedly struck by projectiles in the critical shipping lane, a key passage…
Majda MuhsenKuwait Oil Company (KOC) has awarded seven-year strategic partnership contracts under its Ahmadi Innovation Valley (AIV) initiative to four global oilfield service companies, marking the next phase of the company's technology and innovation programme.The contracts have been awarded to S…
