BKR beat Q2 estimates as IET margins expand, orders surge 49% and record backlog supports a stronger 2026 outlook.
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Baker Hughes (NASDAQ:BKR) reported better-than-expected second-quarter results on Monday, sending its shares about 2% higher in premarket trading as investors welcomed stronger earnings and solid operational performance. The energy technology and oilfield services company posted adjusted earnings per share of $0.
Investing.com -- Shares in Baker Hughes rose around 2% in premarket trading Monday after the oilfield services company reported second-quarter earnings that topped Wall Street expectations.
FTSE 100 up 78 points at 10,814 Oil prices drop as US and Iran pause strikes AstraZeneca and Vodafone report as results season ups a gear 4.07pm: London blue-chips at highest since war started London stocks are back at their highest level since the first weekend of the Iran war,...
FTAI Aviation stock jumped 5.5% when its unit that turns unused jet engines into gas-powered turbines signed a deal with an unnamed "international cloud service provider."
The rig count in the Permian Basin was up three this week, the latest count Friday by Baker Hughes shows, with 259 rigs active in the region. A year ago, 263 rigs were active in the region. Nationally, the oil and gas rig count is up seven from last week at 588 rigs. A year ago, 544 rigs were active. The count shows that 452 rigs sought oil, up seven from the previous week, and 126 explored ...
BKR secures three Cheniere awards, expanding its role at the Sabine Pass LNG facility and strengthening its long-term growth in LNG infrastructure.
The contracts cover the supply of liquefaction equipment for Train 7, a boil-off gas re-liquefaction unit and gas turbine upgrades.
Baker Hughes (BKR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
As part of the agreement, Baker Hughes will initially supply Kodiak equipment capable of generating 1 GW of power by 2030.
Baker Hughes (NasdaqGS:BKR) secured a major contract to supply subsea production systems for Angola's Greater PAJ development. The company entered a new commercial agreement to support large scale geothermal energy deployment in North America. These twin contract wins put Baker Hughes in focus for investors watching both offshore oil and lower carbon energy opportunities. The subsea award in Angola's Greater PAJ project expands the company's presence in Sub Saharan Africa, supporting...
Baker Hughes (BKR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Baker Hughes strengthens its offshore portfolio with a major Angola subsea contract, reinforcing its deepwater technology leadership and future revenue visibility.
The contract includes deepwater horizontal tree systems, subsea control modules and intervention workover control systems for the project.
Baker Hughes expands its Nigeria footprint through a long-term services agreement for the ANOH Gas Processing Plant, adding digital and lifecycle support.
The contract covers spare parts, repairs, engineering advice and digital support for the plant’s turbomachinery, including two NovaLT16 gas turbines.
Cactus, Inc. (NYSE:WHD) is included among the 12 Best American Oil Stocks to Buy Now. Cactus, Inc. (NYSE:WHD) designs, manufactures, sells, and rents engineered pressure control and spoolable pipe technologies in the United States, Australia, Canada, the Middle East, and internationally. On June 6, Stifel upped its price target on Cactus, Inc. (NYSE:WHD) from $66 […]
Baker Hughes Company (NASDAQ:BKR) is included among Billionaire Larry Robbins’ 10 Dividend Stock Picks. On June 3, Citi lowered its price recommendation on Baker Hughes Company (NASDAQ:BKR) to $74 from $80. It reiterated a Buy rating on the stock. The revision came as the firm updated its models for companies in the oil and gas […]
Halliburton Company stock has outpaced the Dow over the past year, while analysts remain moderately bullish about its prospects.
A number of stocks jumped in the afternoon session after the U.S. launched "self-defense strikes" on Iran as Trump warned the country "will have to pay the price" for stalling negotiations.
After handily surpassing the Nasdaq Composite over the past year, Baker Hughes continues to garner overwhelmingly positive sentiment from analysts.
The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.30%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.58%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +1.01%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.46%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.39%. June E-mini S&P futures (ESM26 ) are up +1.00%, and June E-mini Nasdaq futures...
The rig count in the Permian Basin was up four this week, the latest count Friday by Baker Hughes shows, with 246 rigs active in the region. A year ago, 282 rigs were active in the region. Nationally, the oil and gas rig count is up three from last week at 551 rigs. A year ago, 576 rigs were active. The count shows that 415 rigs sought oil, up five from the previous week, and 128 explored for ...
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 551, down 25 from this same time last year.