BKR Stock Recent News

Baker Hughes (BKR) reported earnings 30 days ago. What's next for the stock?

U.S. energy firms this week held the number of oil and natural gas rigs operating steady, energy services firm Baker Hughes said in its closely followed report on Friday.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.

HOUSTON and LONDON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday it has completed its all-cash, $540 million acquisition of Continental Disc Corporation (CDC) from investment partnerships managed by Tinicum Incorporated.

BofA analyst Saurabh Pant raised the firm's price target on Baker Hughes (BKR) to $52 from $44 and keeps a Buy rating on the shares. The Industrial & Energy Technologies business is now 55% of Baker's pro-forma revenue and non-oil and gas end-markets are now about 30% of total IET revenue, notes the analyst, who sees the acquisition of Chart Industries (GTLS) as accelerating the company's push to grow and further diversify in IET. The analyst reiterates Baker Hughes as the firm's top oil field services pick. Baker Hughes +0.34 (+0.78%) Chart Industries +0.11 (+0.06%) 19 Aug

As the Q2 earnings season continues, the stock market is revealing that some sectors appear more promising than others. The energy sector is quickly taking the lead, offering the best risk-to-reward ratio.

BKR will acquire Chart Industries for $13.6 billion, boosting its energy technology portfolio and expanding its Industrial & Energy Technology segment.

Joe Terranova, Senior Managing Director for Virtus Investment Partners, joins CNBC's "Halftime Report" to detail his latest portfolio moves.

SAN DIEGO, July 29, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of Chart Industries, Inc. (NYSE: GTLS) breached their fiduciary duties in connection with the proposed sale of the Company to Baker Hughes (NASDAQ: BKR).

Baker Hughes is reportedly nearing a $13.6B cash deal to acquire Chart Industries, offering a 22% premium and boosting its energy tech portfolio. Cadence Design Systems will pay $140M for violating export laws by selling chip design tech to a Chinese military-linked university.