Baker Hughes delivered a second quarter that was well received by the market, as results surpassed Wall Street expectations despite a modest decline in revenue. Management pointed to strong order momentum in its Industrial & Energy Technology (IET) segment, successful navigation of Middle East headwinds, and robust execution in upstream energy and energy infrastructure. CEO Lorenzo Simonelli cited “solid seasonal recovery across broader markets,” and emphasized that resilience in the Middle East
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
The rig count in the Permian Basin was up two this week, the latest count Friday by Baker Hughes shows, with 260 rigs active in the region. A year ago, 259 rigs were active in the region. Nationally, the oil and gas rig count is up one from last week at 588 rigs. A year ago, 540 rigs were active. The count shows that 451 rigs sought oil, up one from the previous week, and 127 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 588, up 48 from this same time last year.
Dynamis Power Solutions has placed a large order with Baker Hughes (BKR) for 76 NovaLT16 gas turbines, targeting around 1.3GW of hypermobile power capacity for data center and oil and gas projects. See our latest analysis for Baker Hughes. Baker Hughes shares trade at US$58.72 after a strong year to date, with a 24.57% year to date share price return. However, a 90 day share price decline of 15.72% points to fading near term momentum, despite a 5 year total shareholder return of 220.81%. If...
Baker Hughes (NasdaqGS:BKR) received a major order from Dynamis Power Solutions for NovaLT16 turbines. The turbines are aimed at power generation for data centers and oil & gas facilities. The deal highlights new commercial uses for Baker Hughes technology beyond traditional oil & gas applications. This order places Baker Hughes at the center of two important demand areas. Traditional energy customers are looking for efficient power solutions, while data center operators need reliable,...
Baker Hughes stock has delivered a very large 220.8% return over the past 5 years, while current valuation checks and an intrinsic value estimate based on a Discounted Cash Flow (DCF) model both point to the shares screening as undervalued. That mix of strong past gains and a still supportive valuation view is what investors now have to weigh. A 220.8% 5 year return suggests Baker Hughes has already rewarded patient shareholders, yet the current pricing still screens as attractive on several...
A $600,000 portfolio paying $6,000 a month sounds like the finish line, but the real price of that 12% yield shows up years later in ways the income calculator never displays.
Energy stocks rose late Wednesday afternoon, with the NYSE Energy Sector Index gaining 2.3% and the
With BKR stock suffering a long string of negative sessions, historical trends suggest that the energy name could be due for a comeback.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.23%. September E-mini S&P futures (ESU26 ) are down -0.25%, and September E-mini Nasdaq futures...
Moby summary of Chart Industries, Inc.'s Q2 2026 earnings call
Energy technology company Baker Hughes (NASDAQ:BKR) reported Q2 CY2026 results beating Wall Street’s revenue expectations, but sales fell by 2.4% year on year to $6.74 billion. Its non-GAAP profit of $0.64 per share was 31.5% above analysts’ consensus estimates.
Baker Hughes Company stock rose in premarket trading Monday after the oilfield services company reported second-quarter results that topped Wall Street expectations. The company reported adjusted earnings of 64 cents per share, beating the consensus estimate of 50 cents. Revenue...
OII is expanding beyond offshore energy with defense, robotics and digital businesses, but cyclical risks and project timing still shape its outlook.
Baker Hughes Co (BKR) reports a standout quarter with record-breaking IET orders and significant free cash flow, despite facing geopolitical and inflationary challenges.
The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.32%. September E-mini S&P futures (ESU26 ) rose +0.02%, and September E-mini Nasdaq futures...
Energy stocks were lower Monday afternoon, with the NYSE Energy Sector Index falling 2.1% and the St
Baker Hughes (NASDAQ:BKR) reported second-quarter results that exceeded its guidance range, supported by record orders in its Industrial & Energy Technology segment and stronger-than-expected performance in its Oilfield Services & Equipment business despite disruptions in the Middle East. C
Baker Hughes stock is one of the top-performing stocks in the S&P 500 on Monday as second-quarter earnings show the oilfield services company is successfully navigating the situation in the Middle East.
Energy stocks were declining pre-bell Monday, with the State Street Energy Select Sector SPDR ETF (X
Moby summary of Baker Hughes Company's Q2 2026 earnings call
Baker Hughes Company (NASDAQ:BKR) stock rose in premarket trading Monday after the oilfield services company reported second-quarter results that topped Wall Street expectations. The company reported adjusted earnings of 64 cents per share, beating the consensus estimate of 50 cents. Revenue came in at $6.74 billion, above analysts’ expectations of $6.52 billion. CEO Lorenzo Simonelli said demand remains strong across data centers, gas infrastructure and upstream markets, while noting that energ
Baker Hughes recently reported past second-quarter 2026 results showing sales of US$6,742 million and net income of US$681 million, while also declaring a US$0.23 per-share quarterly dividend funded from operating cash flow. The completion of the Chart Industries acquisition, now a new reporting segment expected to deliver US$325 million in annualized cost synergies by year three, marks a significant shift in Baker Hughes’ business mix toward higher-value industrial and aftermarket...
Baker Hughes raised its Industrial & Energy Technology order outlook after record second-quarter bookings driven by LNG, power generation and data center demand, while reaffirming confidence in meeting its full-year earnings guidance.
Energy technology company Baker Hughes (NASDAQ:BKR) will be announcing earnings results next tomorrow after the bell. Here’s what to expect.
The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 258 rigs active in the region. A year ago, 260 rigs were active in the region. Nationally, the oil and gas rig count is down one from last week at 587 rigs. A year ago, 542 rigs were active. The count shows that 450 rigs sought oil, down two 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
BKR enters Q2 with an earnings-beat streak, rising estimates and oil-price support, despite expected year-over-year declines.
Get a deeper insight into the potential performance of Baker Hughes (BKR) for the quarter ended June 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.