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Baker Hughes (BKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BKR teams up with Petronas to drive LNG growth, digital tech, and low-carbon energy across Asia-Pacific.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time since July 2020 when the COVID-19 pandemic cut demand for the fuel, energy services firm Baker Hughes said in its closely followed report on Friday.
Baker Hughes CEO Lorenzo Simonelli said Thursday that he sees hydrogen as part of the energy mix in the future and that the company already plays a "critical role" in providing production equipment.
Baker Hughes CEO Lorenzo Simonelli on Thursday said that despite short-term oil volatility, he still sees "long-term positive trends" for the industry.
CNBC's Brian Sullivan speaks with Baker Hughes CEO Lorenzo Simonelli from OPEC's annual seminar in Vienna, Austria.
BKR teams up with Evida to develop CO2 pipeline infrastructure, advancing Denmark's growing carbon capture push.
Baker Hughes acquires CDC for $540M, boosting its IET segment with high-margin, safety-critical technologies.
HOUSTON and LONDON, June 16, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday it has agreed to acquire Continental Disc Corporation (CDC), a leading provider of safety-critical pressure management solutions, from investment partnerships managed by Tinicum Incorporated in an all-cash transaction for approximately $540 million.
Lorenzo Simonelli, CEO of Baker Hughes discusses the recent Israel-Iran and its' impact on volatility in oil prices and stresses not to focus on short-term volatility in oil prices. He also touches on the firm's business strategy and sustainability efforts.