Baker Hughes (BKR) Gets Major Contract for Hassi R'Mel Project

As part of this project, Baker Hughes (BKR) will provide 20 compression trains to be installed across three gas-boosting stations within Hassi R'Mel.

Baker Hughes to Support Strategic Gas Project in Algeria to Enhance Italy, Europe's Energy Security

ALGIERS, Algeria, May 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday it was awarded a major contract from SONATRACH for a gas-boosting pro...

Total US Drilling Rig Tally Declines: Here's What It Means

In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States declined, but the count for natural gas increased.

4 Oilfield Services Stocks Set to Escape Industry Weakness

Strict capital discipline by upstream energy companies is acting as a dampener, thereby making the outlook for the Zacks Oil and Gas- Field Services industry gloomy. SLB, HAL, BKR and SND are expec...

Baker Hughes (BKR) Fuels Saudi Arabia's Gas Infrastructure

Baker Hughes (BKR) clinches a contract with Aramco to provide gas technology for the Master Gas System Phase 3, enhancing the Kingdom's domestic gas distribution network and contributing to emissio...

3 Trend-Following Entries for Income Investors

The oilfield services industry is in a supercycle that has yet to play out. However, the Q1 results aligned with expectations and failed to spur individual names to new highs.

Baker Hughes Should Realize Major Tailwinds Throughout The Energy Transition

Baker Hughes is well-positioned for the shift in global energy interests towards emissions control and the growing demand for natural gas and hydrogen fuel. The company is experiencing growth in it...

Baker Hughes Company (BKR) Q1 2024 Earnings Call Transcript

Baker Hughes Company (NASDAQ:BKR ) Q1 2024 Earnings Conference Call April 24, 2024 9:30 AM ET Company Participants Chase Mulvehill - VP, IR Lorenzo Simonelli - Chairman and CEO Nancy Buese - CFO Co...

Baker Hughes (BKR) Q1 Earnings and Revenues Beat Estimates

Baker Hughes' (BKR) Q1 earnings benefit from higher contributions from Oilfield Services and Equipment, as well as the Industrial & Energy Technology business units, fueled by significant contract ...

Baker Hughes (BKR) Tops Q1 Earnings and Revenue Estimates

Baker Hughes (BKR) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.28 per share a year ago.

Baker Hughes quarterly profit beats estimates on international demand

Oilfield services firm Baker Hughes beat analysts' estimates for first-quarter profit on higher international drilling demand.

Total US Drilling Rig Tally Rises: Here's What it Means

In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States increased, but the count for natural gas declines.

Here's Why Hold Strategy is Apt for Baker Hughes' (BKR) Stock

Baker Hughes (BKR) maintains a strong balance sheet with a net debt-to-adjusted EBITDA ratio of 0.9X and a total liquidity of $5.6 billion as of the end of 2023.

Baker Hughes (BKR) to Report Q1 Earnings: What to Expect?

Baker Hughes' (BKR) Q1 earnings are likely to have been affected by declining oil prices and geopolitical tensions, despite increasing demand for clean energy.

US Oil & Gas Drilling Rig Tally Falls: Here's What it Means

In its weekly release, Baker Hughes (BKR) reports that the total count of rigs in the United States decreased, reflecting a slowdown in drilling activities.


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