The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 269 rigs active in the region. A year ago, 254 rigs were active in the region. Nationally, the oil and gas rig count is up four from last week at 595 rigs. A year ago, 542 rigs were active. The count shows that 452 rigs sought oil, up two from the previous week, and 134 explored for ...
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.

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, with the total rig count in the US rising to 595,

Baker Hughes (NasdaqGS:BKR) has received a large order for gas compression and liquefaction systems linked to Venture Global's Plaquemines LNG facility and the Cloud Connector Pipeline project. The award involves one of the largest single deployments of LNG feed gas compression equipment for transportation use in the United States. The deal expands Baker Hughes' role across the natural gas value chain and deepens its relationship with Venture Global for future LNG capacity. The Baker Hughes...

National Energy Services' premium valuation is backed by strong oil prices, major contract wins, technology expansion and higher earnings-growth expectations.

Baker Hughes Company (NASDAQ:BKR) and Venture Global, Inc. (NYSE:VG) are expanding their collaboration through a new set of equipment orders. Under the award, BKR will provide 13 gas compression systems for VG’s Cloud Connector Pipeline project in Louisiana, along with four liquefaction blocks containing eight liquefaction modules to support additional LNG production capacity at the […]

Baker Hughes is not witnessing a slowdown in its significant energy projects, CEO Lorenzo Simonelli confirmed. The robust demand for natural gas and power, driven by the global expansion of artificial intelligence infrastructure, is the key factor behind this trend....
Shares of energy technology company Baker Hughes (NASDAQ:BKR) fell 6.5% in the afternoon session after CEO Lorenzo Simonelli stated at the Barclays conference that integration costs and weaker margins from the Chart Industries acquisition will weigh on near-term financial performance.

Baker Hughes stock falls as the addition of a key acquisition to the company’s outlook didn’t impress Wall Street.
Energy stocks were higher late Wednesday afternoon, with the NYSE Energy Sector Index rising 1.2% an
Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index rising 0.7% and the

Baker Hughes Company (NASDAQ:BKR) announced on September 3 that it had secured a multi-year contract with Pakistan’s Oil & Gas Development Company to maximize production performance from its mature oil and gas fields. The company did not disclose the financial terms of the deal. As per the agreement, Baker Hughes will assess over 120 wells […]

The contract covers the development of new wells as well as boosting production from existing mature fields.

The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday

BKR's multi-year OGDC contract covers more than 120 wells, combining AI-enabled solutions and well services to boost mature-field production in Pakistan.

Nano Nuclear Energy (NASDAQ:NNE) said its engineering collaboration with Howden, a Baker Hughes business, has progressed to the detailed design phase for the primary helium circulator of its KRONOS MMR™ Energy System. The helium circulator is a mechanical subsystem designed to move helium coolant through the reactor core to transfer heat.

C3.ai burns cash, while Intuit prints billions in free cash flow. The valuation gap between them tells a revealing story.

Baker Hughes (NasdaqGS:BKR) has agreed to supply 76 NovaLT™16 gas turbines to Dynamis Power Solutions for hypermobile power generation projects. The order targets fast deployable power for data centers and oil and gas operations using modular, low emissions turbine units. The turbines are designed for use in challenging environments and for applications that require rapid installation and relocation. For a wider view on how fast deployable and grid related power projects are shaping...

C3.ai burns cash despite AI ambitions, while UiPath converts revenue into profit, a critical divide for 2026 investors.

As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the oilfield services industry, including Baker Hughes (NASDAQ:BKR) and its peers.

Baker Hughes Company (NASDAQ:BKR) was held by 87 hedge funds at the end of Q2 2026 in the Insider Monkey database, with a total stake value of just over $4.1 billion. This is up from 70 hedge fund holders with a cumulative investment of almost $3.5 billion in the previous quarter. Multiple Catalysts for Earnings […]

Baker Hughes (BKR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The rig count in the Permian Basin was up two this week, the latest count Friday by Baker Hughes shows, with 267 rigs active in the region. A year ago, 255 rigs were active in the region. Nationally, the oil and gas rig count is down five from last week at 588 rigs. A year ago, 538 rigs were active. The count shows that 452 rigs sought oil, down three from the previous week, and 127 explored ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday
Even if they go mostly unnoticed, energy businesses are the backbone of our country, providing the energy we need to power our lives and businesses.Sure, they are at the whim of energy prices and other macroeconomic factors that influence capital spending (like interest rates and AI energy needs), but the industry has held its ground over the past six months as its 10.5% return was almost identical to the S&P 500.

Baker Hughes stock has delivered a 238.3% total return over the past five years, yet the current valuation checks still point to meaningful upside based on an intrinsic value estimate from a Discounted Cash Flow (DCF) model that sits well above the recent US$64.90 share price. At the same time, market based multiples suggest the stock is priced roughly in line with its fundamentals rather than at an extreme discount or premium. The 238.3% five year return signals that Baker Hughes has...

Options activity in Baker Hughes (BKR) has picked up after a multi-year contract announcement with Kuwait Oil Company, as traders focused on the Sept. 18, 2026 $28 put with elevated implied volatility. See our latest analysis for Baker Hughes. Baker Hughes shares have US$64.9 as the latest close, with momentum picking up given a 16.0% 1 month share price return and a 37.67% year to date share price return. Over the longer term, total shareholder return of 53.76% over one year and 238.26% over...

Baker Hughes recently announced that it secured a multi-year technology collaboration with Kuwait Oil Company and a substantial subsea systems contract for Indonesia’s Kutei Northern Hub, including 17 deepwater trees, digital monitoring solutions, and a new research center in Kuwait’s Ahmadi Innovation Valley. Together, these awards deepen Baker Hughes’ role in AI-enabled production optimization and large offshore gas developments, underscoring its push toward higher-tech, service-intensive...

While profitability is essential, it doesn’t guarantee long-term success. Some companies that rest on their margins will lose ground as competition intensifies — as Jeff Bezos said, “Your margin is my opportunity”.