Baker Hughes Company Class A (NASDAQ:BKR) reported resilient Q2 results—$6.74B revenue, $0.64 adj. EPS and 12.7% operating margin—while securing a major Venture Global LNG CP2 Louisiana liquefaction contract and orders for 76 NovaLT16 turbines (~1.3 GW) boosting IET and power bookings.
Previous Week Recap
- Baker Hughes Company Class A Revenue And Margin: Baker Hughes (BKR) Q2 2026: revenue $6.74B (-2.4% YoY), adjusted EPS $0.64, operating margin 12.7%. Company cites stronger IET orders and resilience across energy markets.
- Baker Hughes Wins LNG Tech Order: Baker Hughes (BKR) won a major LNG tech order from Venture Global for CP2 Louisiana: full liquefaction solution for six blocks (12 modules), including centrifugal compressors and integrated systems.
- Baker Hughes Booked 76 NovaLT16 Turbines: Baker Hughes (BKR) booked orders for 76 NovaLT16 gas turbines (~1.3 GW). Orders span Q2–Q3 and include gearboxes and generators for compact, fast-deploy data center and oil & gas power.
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