BKR - Baker Hughes Company
Pre-market:
| Previous close | 27.89 |
| Open | 27.13 |
| Bid | 0.00 x 1200 |
| Ask | 27.37 x 900 |
| Day's range | 27.09 - 27.88 |
| 52-week range | 20.42 - 38.66 |
| Volume | |
| Avg. volume | 6,908,911 |
| Market cap | 28.338B |
| Beta (5Y monthly) | 1.47 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.76 (2.72%) |
| Ex-dividend date | 26 May 2023 |
| 1y target est | N/A |
- GlobeNewswire
Baker Hughes Company Announces First Quarter 2023 Results
Orders of $7.6 billion for the quarter, up 12% year-over-year.Revenue of $5.7 billion for the quarter, up 18% year-over-year.GAAP operating income of $438 million for the quarter, up $160 million year-over-year.Adjusted operating income (a non-GAAP measure) of $512 million for the quarter, up 47% year-over-year.Adjusted EBITDA* (a non-GAAP measure) of $782 million for the quarter, up 25% year-over-year.GAAP diluted earnings per share of $0.57 for the quarter which included $0.28 per share of adj
- GlobeNewswire
Baker Hughes Announces Major LNG Order from QatarEnergy for the North Field South (NFS) Project
Project boosts Qatar’s LNG production capacity from 110 million to 126 million tons by 2027, propelling Qatar as a leader in global LNG production Order for main refrigerant compressors (MRCs) consists of six gas turbines and 12 centrifugal compressors, as part of two additional LNG “mega trains” Award builds on similar contract secured by Baker Hughes for the North Field East expansion in 2020 HOUSTON and LONDON, April 03, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technolog
- GlobeNewswire
Baker Hughes to Supply Liquefaction Trains for Sempra Infrastructure’s Port Arthur LNG Phase 1 Project
Contract awarded by Bechtel for Main Refrigerant Compressors (MRCs) includes two liquefaction trains, for a total of four Frame 7 turbines and eight centrifugal compressorsBaker Hughes will also provide two motor driven compressors for the plant’s boosting servicesTechnology capable of producing a nameplate capacity of approximately 13 million tonnes per annum (MTPA) HOUSTON and LONDON, March 27, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday
- GlobeNewswire
Baker Hughes Announces Date for First Quarter 2023 Earnings Release and Webcast
HOUSTON and LONDON, March 13, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will hold a webcast on Wednesday, April 19, 2023, to discuss the results for the first quarter ending March 31, 2023. The webcast is scheduled to begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). A press release announcing the results will be issued at 7 a.m. Eastern Time (6 a.m. Central Time). To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived
- GlobeNewswire
Baker Hughes and HIF Global to Collaborate on Direct Air Capture Technology
Agreement enables pilot testing to more quickly scale-up deployment of Direct Air Capture solutions HOUSTON, March 07, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and HIF Global, the world’s leading eFuels company, announced Tuesday their agreement to cooperate on the development of technology to capture carbon dioxide directly from the atmosphere (“CO2 Direct Air Capture” or “DAC”). More specifically, HIF Global and Baker Hughes intend to test Baker Hughes
- GlobeNewswire
Baker Hughes Awarded Major Subsea Contract with Azule Energy for Agogo Oilfield Offshore of Angola
First new major greenfield project awarded in Angola in over five yearsOrder includes 23 standard subsea trees, 11 Aptara™ manifolds, SemStar5™ fiber optic controls and related system scope of supply HOUSTON, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, has been awarded a major contract to provide subsea equipment and services by Azule Energy for work in the Agogo oilfield, offshore Angola. This award represents the first major new greenfield projec
- GlobeNewswire
Baker Hughes and Fortescue Future Industries to Collaborate on Exploring Green Hydrogen and Geothermal Projects
Baker Hughes and Fortescue Future Industries MoU signing Baker Hughes Chairman and CEO Lorenzo Simonelli and Fortescue Future Industries CEO Mark Hutchinson at the signing ceremony Monday, Jan. 30, 2023, at the Baker Hughes Annual Meeting in Florence, Italy. Memorandum of understanding sets groundwork for collaboration to decarbonize hard-to-abate industries including mining, steel and cementCollaboration to leverage respective expertise to explore potential opportunities for scale-up and adopti
- GlobeNewswire
Baker Hughes Unveils New Digital Solutions for More Intelligent Operations and Cleaner Energy
New solutions expand on Baker Hughes’ digital ecosystem, providing new levels of efficiency, performance and emissions reduction for oilfield, gas and industrial segments Leucipa™ automated field production solution will enable proactive oil and gas production managementCordant™ will offer an integrated suite of asset performance management and process optimization solutions for energy and industrial customersInvestment and collaboration with Corva will provide intelligent rig visualization and
- GlobeNewswire
Baker Hughes Declares Quarterly Dividend
HOUSTON and LONDON, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a cash dividend of $.19 per share of Class A common stock payable on Feb. 17, 2023 to holders of record on Feb. 6, 2023. About Baker Hughes:Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our
- GlobeNewswire
Baker Hughes Company Announces Fourth Quarter and Total Year 2022 Results
Record orders of $8.0 billion for the quarter, up 32% sequentially and up 20% year-over-year Revenue of $5.9 billion for the quarter, up 10% sequentially and up 8% year-over-year GAAP operating income of $663 million for the quarter, up $394 million sequentially and up 15% year-over-yearAdjusted operating income (a non-GAAP measure) of $692 million for the quarter, up 38% sequentially and up 21% year-over-year Adjusted EBITDA* (a non-GAAP measure) of $947 million for the quarter, up 25% sequenti
- GlobeNewswire
Baker Hughes Names Ganesh Ramaswamy as Executive Vice President of Industrial & Energy Technology
Ganesh Ramaswamy Ganesh Ramaswamy has been named executive vice president of the Baker Hughes Industrial & Energy Technology business segment, effective Jan. 16. Ramaswamy will lead Industrial & Energy Technology (IET) business segment to continue positioning Baker Hughes for new frontiers and build out diversified solutions Baker Hughes continues to accelerate its strategic transformation announced in September 2022 to simplify and improve operations, enhancing profitability while positioning f
- GlobeNewswire
Baker Hughes to Supply Key Technology for One of the World’s Largest Offshore Carbon Capture & Sequestration Facilities
Baker Hughes will supply turbocompression equipment to PETRONAS’ Carigali Sdn. Bhd. Kasawari Carbon Capture and Sequestration project offshore MalaysiaSolution features state-of-the-art compression technology with minimized footprint, weight ideal for offshoreA key part of PETRONAS’ 2050 net-zero carbon emission aspiration, Kasawari CCS operations will have capacity to reduce CO2 emissions by 3.3 MTPA HOUSTON and LONDON, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy tec
- GlobeNewswire
Baker Hughes Added to the Nasdaq-100 Index
The Nasdaq-100 is one of the world’s leading large-cap growth indexes, composed of the 100 largest non-financial companies listed on The Nasdaq based on market capitalizationBaker Hughes is the first energy technology company to be added HOUSTON and LONDON, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday it has been added to the Nasdaq-100® Index, the top 100 largest domestic and international non-financial companies on The Nasdaq base
- GlobeNewswire
Annual Changes to the Nasdaq-100 Index
NEW YORK, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (Nasdaq: NDX), which will become effective prior to market open on Monday, December 19, 2022. The following six companies will be added to the Index: CoStar Group, Inc. (Nasdaq: CSGP), Rivian Automotive, Inc. (Nasdaq: RIVN), Warner Bros. Discovery, Inc. (Nasdaq: WBD), GlobalFoundries Inc. (Nasdaq: GFS), Baker Hughes Company (Nasdaq: BKR), and Diamond
- GlobeNewswire
Baker Hughes Announces Date for Fourth Quarter and Full-Year 2022 Earnings Release and Webcast
HOUSTON and LONDON , Nov. 16, 2022 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will hold a webcast on Monday, Jan. 23, 2023, to discuss the results for the fourth quarter and full year ending Dec. 31, 2022. The webcast is scheduled to begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). A press release announcing the results will be issued at 7 a.m. Eastern Time (6 a.m. Central Time). To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An
- GlobeNewswire
Baker Hughes Declares Increased Quarterly Dividend and Upsized Share Repurchase Authorization
HOUSTON and LONDON, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared an increased quarterly cash dividend of $.19 per share of Class A common stock payable on November 18, 2022, to holders of record on November 7, 2022. The dividend increase reflects a 5.5% growth rate, or $.01, over the previous quarter’s dividend. Baker Hughes also announced today that its Board of Directors authorized Baker Hughes Holdings LLC (“BHH
- GlobeNewswire
Baker Hughes Names Nancy Buese as Chief Financial Officer
Nancy Buese Nancy Buese has been appointed chief financial officer of Baker Hughes, effective Nov. 2, 2022. HOUSTON and LONDON, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) has announced Nancy Buese as Chief Financial Officer (CFO) effective November 2, 2022. Buese brings more than 30 years of financial and leadership experience to the role, previously serving as EVP & CFO of global mining company Newmont Corporation from 2016 until earlier this year. “Nancy is a proven CFO and b
- GlobeNewswire
Baker Hughes Company Announces Third Quarter 2022 Results
Orders of $6.1 billion for the quarter, up 3% sequentially and up 13% year-over-year.Revenue of $5.4 billion for the quarter, up 6% sequentially and up 5% year-over-year.GAAP operating income of $269 million for the quarter, up $294 million sequentially and down $110 million year-over-year.Adjusted operating income (a non-GAAP measure) of $503 million for the quarter, up 34% sequentially and up 25% year-over-year.Adjusted EBITDA* (a non-GAAP measure) of $758 million for the quarter, up 16% seque
- GlobeNewswire
Baker Hughes Announces Date for Third Quarter 2022 Earnings Release and Webcast
HOUSTON and LONDON, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will hold a webcast Wednesday, Oct. 19, 2022, to discuss the results for the third quarter ending Sept. 30, 2022. The webcast is scheduled to begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). A press release announcing the results will be issued at 7 a.m. Eastern Time (6 a.m. Central Time). To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived vers
- GlobeNewswire
Baker Hughes Announces Simplified Organization to Enhance Profitability and Position for Growth
Establishing two reporting business segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET).Accelerating strategic transformation to simplify and improve operations, enhancing profitability while positioning for growth with customers across energy and industrial markets.Expecting to deliver at least $150 million in cost reductions, maximizing shareholder value. HOUSTON and LONDON, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ: BKR) (“Baker Hughes
- GlobeNewswire
Baker Hughes Opens New Chemicals Facility in Singapore, Expanding Local Presence and Helping Support Regional Growing Market
Baker Hughes Singapore Chemicals Facility Opening Chairman and CEO Lorenzo Simonelli and Minister of Trade and Industry Mr. Gan Kim Yong, celebrate the opening of the new Singapore chemicals facility. New chemicals manufacturing facility opened Aug.16 Locally sourced raw materials and localized supply chain optimizes manufacturing, while aligned to Singapore’s sustainability movement SINGAPORE, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, is expandi
- Business Wire
One Equity Partners Agrees to Sell Power Generation Business of UK’s BRUSH Group
NEW YORK, August 08, 2022--One Equity Partners ("OEP"), a middle market private equity firm, today announced that it has entered into a definitive agreement to sell the Power Generation business of BRUSH Group ("BRUSH" or the "Company") to energy technology company Baker Hughes (NASDAQ: BKR).
- GlobeNewswire
Baker Hughes Acquires Power Generation Division of BRUSH Group to Enhance its Electric Machinery Portfolio
Acquisition expands Baker Hughes’ turbomachinery portfolio with proven electric-power technology for industrial and energy customersIntegration of BRUSH will enhance Baker Hughes’ electrification offering and supports strategic commitment to provide cleaner energy solutions HOUSTON and LONDON, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Baker Hughes (Nasdaq: BKR) announced it has agreed to acquire the Power Generation division of BRUSH Group (“BRUSH”) from One Equity Partners. BRUSH is an established equi
- GlobeNewswire
Baker Hughes Announces Local Management Buyout of its Oilfield Services Business in Russia
MOSCOW, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) has signed an agreement to sell its Oilfield Services business in Russia (“OFS Russia”) to its local management team. The agreement follows on the Company’s previously announced suspension of new investments for its Russia operations and commitment to comply with appliable laws and sanctions. The new business will operate independently of Baker Hughes – including an independent brand – and it will assume all current OFS Russia
- Business Wire
Baker Hughes Company Announces Second Quarter 2022 Results
LONDON & HOUSTON, July 20, 2022--Baker Hughes Company (Nasdaq: BKR) ("Baker Hughes" or the "Company") announced results today for the second quarter of 2022.
