Baker Hughes Stock News

U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on Friday.

The downbeat mood on Wall Street could be a great opportunity to buy the dip in quality stocks, according to a Wednesday report by J.P. Morgan.

Baker Hughes Company (NASDAQ:BKR ) Q1 2025 Earnings Conference Call April 23, 2025 9:30 AM ET Company Participants Chase Mulvehill - Vice President, Investor Relations Lorenzo Simonelli - Chairman and CEO Ahmed Moghal - Executive Vice President & Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Stephen Gengaro - Stifel Scott Gruber - Citigroup Saurabh Pant - Bank of ...

U.S. oilfield service provider Baker Hughes on Wednesday forecast steeper drops in spending by global oil producers as tariffs dent demand expectations and push down prices for crude.

Baker Hughes reported mixed Q1'25 results; strong growth in Infrastructure & Energy Technology (IET) offsets Oilfield Services & Equipment (OFSE) uncertainty. Reiterating BUY rating with a $46/share target. Total orders declined by 1.27%, driven by a 9.46% drop in OFSE. However, IET orders increased by 9%, fueled by a 17% rise in gas technology. Despite tariff-related headwinds, Baker Hughes re...

U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for first-quarter profit on Tuesday, helped by sustained demand for its drilling equipment and technology in international markets and North America.

First-quarter highlights Orders of $6.5 billion , including $3.2 billion of IET orders. RPO of $33.2 billion , including record IET RPO of $30.4 billion.

HOUSTON and LONDON, April 22, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.23 per share of Class A common stock payable on May 16, 2025, to holders of record on May 6, 2025.