BKR Stock Recent News

BKR beats on Q2 earnings and revenues, fueled by cost cuts, efficiency gains and strong IET segment performance.

Baker Hughes (BKR) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.57 per share a year ago.

Oilfield services provider Baker Hughes surpassed Wall Street expectations for second-quarter profit on Tuesday, as it benefited from robust demand for its natural gas equipment and services.

Second-quarter highlights Orders of $7.0 billion , including $3.5 billion of IET orders. RPO of $34.0 billion , including record IET RPO of $31.3 billion.

U.S. energy firms this week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes said in its closely followed report on Friday.

BKR's Q2 earnings may take a hit as weakness in its key Oilfield Services & Equipment unit drags on orders and revenues.

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.