Baker Hughes Company BKR completed its all-cash acquisition of Chart Industries in July 2026, adding a broader industrial technology platform and creating a third reporting segment. The deal expands Baker Hughes beyond traditional oilfield markets and increases its exposure to energy infrastructure…
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…
Baker Hughes Co reported second-quarter 2026 results with revenue of $6.74B and diluted EPS of $0.68, modestly down versus the year-ago quarter as net income attributable to the company totaled $681M.Financial HighlightsBusiness HighlightsOriginal SEC Filing: Baker Hughes Co [ BKR ] - 10-Q - Jul. 2…
Explore more price target data and ratings for Baker Hughes Company on the Forecasts tab, and track all previous and future analyst recommendations for Baker Hughes Company in the dedicated News Flow.Select reference data provided by FactSet. Copyright © 2026 FactSet Research Systems Inc. This info…
Q2 results exceeded expectations with record IET orders, strong margin expansion, and robust free cash flow. The Chart acquisition adds a third segment and significant synergy potential, while full-year guidance was raised on strong order momentum and favorable market trends.Based on Baker Hughes C…
Second quarter results exceeded expectations with record IET orders, strong OFSE execution, and robust free cash flow. The Chart acquisition expands capabilities and is expected to deliver significant cost and commercial synergies. Guidance for revenue and EBITDA was raised for the full year.Based…
Baker Hughes Company Class A (NASDAQ:BKR) posted Q2 adjusted EPS $0.64 (GAAP $0.68), revenue $6.742B and free cash flow $1.109B with total orders $10.501B, and landed a five‑year services deal with GL Group to support its expansion outside Azerbaijan.Previous Week RecapThis is an AI-generated summa…
Strong execution drove record orders and margin expansion, with adjusted EBITDA of $1.23B and robust free cash flow. The Chart Industries acquisition advances strategic transformation, while guidance for FY'26 revenue and EBITDA was raised on continued commercial momentum.Original document: Baker H…
Investors will get their clearest view yet of how the Iran war has affected the world's largest oilfield service companies as Halliburton NYSE:HAL, a U.S. oilfield services provider, begins the sector's earnings season on Tuesday. Analysts expect Halliburton's earnings per share to decline 2%, whil…
Baker Hughes (NASDAQ:BKR) is expanding its LNG and power footprint after the EU cleared its $13.6B Chart buy with divestiture conditions, while landing major LNG contracts at Sabine Pass, a Kodiak power-turbine deal to boost behind‑the‑meter capacity, and a seven‑year Kuwait tech partnership.Previo…
What Happened? A number of stocks jumped in the afternoon session after President Trump declared the Iran ceasefire "over" and threatened fresh strikes, sending oil prices sharply higher and lifting the broad energy complex.Oilfield services firms (the companies that supply rigs, fracking crews, dr…
The number of rigs drilling for oil in the U.S. rose by five this week to 445, which was up by 20 from a year ago and the most since the end of May 2025, oil services company Baker Hughes reports. The rig count has risen in nine of the 10 past weeks as higher crude oil prices encourage drilling. Ev…
U.S. Offshore Rig Count Up 1 from Last Week to 11 — Baker Hughes
Canadian Rig Count Down 7 from Last Week to 190 — Baker Hughes
U.S. Gas Rig Count Up 1 from Last Week to 126 — Baker Hughes
U.S. Oil Rig Count Up 5 from Last Week to 445 — Baker Hughes
U.S. Rig Count Up 7 from Last Week to 580 — Baker Hughes
By Scott DiSavino and Anjana AnilU.S. energy firms this week added rigs for a third week in a row, energy services firm Baker Hughes NASDAQ:BKR said in its closely followed report on Thursday.The total oil and gas rig count, an early indicator of future output, rose by 7 to 580 in the week to July…
(13:51 GMT) Baker Hughes Price Target Raised to $77.00/Share From $75.00 by TD Cowen
Baker Hughes Company BKR has secured a significant contract from Azule Energy to provide subsea production systems for the Greater PAJ offshore development in Angola, strengthening its position in the global deepwater services market. The award underscores BKR’s industry leadership in offshore prod…
