
Baker Hughes’ strong market performance has been accompanied by solid Wall Street optimism, with analysts largely bullish on the stock despite its recent pullback.
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Baker Hughes’ strong market performance has been accompanied by solid Wall Street optimism, with analysts largely bullish on the stock despite its recent pullback.
The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 268 rigs active in the region. A year ago, 254 rigs were active in the region. Nationally, the oil and gas rig count is up three from last week at 591 rigs. A year ago, 539 rigs were active. The count shows that 450 rigs sought oil, up one from the previous week, and 132 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

C3.ai burns cash and carries a $1.8 billion accumulated deficit, while Atlassian generates $1.3 billion in free cash flow despite higher valuation multiples.
The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 268 rigs active in the region. A year ago, 254 rigs were active in the region. Nationally, the oil and gas rig count is unchanged from last week at 588 rigs. A year ago, 537 rigs were active. The count shows that 449 rigs sought oil, up two from the previous week, and 130 explored for ...

Although Baker Hughes (currently trading at $64.05 per share) has gained 5.2% over the last six months, it has trailed the S&P 500’s 11.7% return during that period. This might have investors contemplating their next move.

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The business line that had the least to do with drilling budgets was the one management kept naming, quarters before the price caught up.

The S&P 500 Index ($SPX ) (SPY ) is down by -0.42% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.23%. E-mini S&P futures (ESU26 ) are down -0.40%, and September E-mini...

Under the contract, Baker Hughes will set up a research and technology development centre in the Ahmadi Innovation Valley.
The company will provide 17 deepwater horizontal tree systems, along with manifolds, connections, and control and distribution systems.
Both face customer concentration and heavy losses, but their balance sheets tell starkly different stories.
WHD's faster earnings growth, international expansion and strong liquidity support its outlook, though premium valuation and execution risks remain.
BKR beat Q2 estimates as IET margins expand, orders surge 49% and record backlog supports a stronger 2026 outlook.
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.
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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...
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