Baker Hughes Co News
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. It operates through two segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and drilling and completions fluids; completions, intervention, measurements, pressure pumping, and wireline services; artificial lift systems, and oilfield and industrial chemicals; subsea projects and services, flexible pipe systems, and surface pressure control systems; and integrated well services and solutions. It serves oil and natural gas companies; the United States and international independent oil and natural gas companies; national or state-owned oil companies; engineering, procurement, and construction contractors; geothermal companies; and other oilfield service companies. The IET segment designs, manufactures, tests, and installs gas technology equipment, including drivers, driven equipment, flow control, and turnkey solutions for the mechanical-drive, compression, and power-generation applications; and gas technology services, such as advanced solutions, spare parts, specialized field service engineers, and repair services. This segment also provides rack-based vibration monitoring equipment and sensors; integrated asset performance management products; inspection services; pumps, valves, and gears; precision sensors and instrumentation, and controls. It serves upstream, midstream, downstream, onshore, offshore, and small and large scale customers. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company was incorporated in 2016 and is based in Houston, Texas.
see moreBaker Hughes Co Market News
4d
Baker Hughes: Google Cloud Deal, Insider Sales Hit
- Baker Hughes this week announced an AI-focused collaboration with Google Cloud for data‑center power optimization, while significant insider stock sales and mixed analyst reactions tempered near‑term sentiment. Multi‑year contracts like the Marathon Petroleum agreement and the Chart Industries acquisition remain key execution drivers.
11d
BKR Up on Petrobras 60-Month Turbomachinery Deal
Baker Hughes (BKR) secured a 60-month turbomachinery service contract from Petrobras covering ~19 FPSOs and up to 64 aeroderivative gas turbines, boosting recurring revenue visibility. Recent technical buy signals around $62–$63 have added momentum. This article explains the contract details, operational impact, and what investors should monitor next.
18d
Baker Hughes Raises $6.5B—Funds Chart Deal Today!!
Baker Hughes (BKR) completed a $6.5 billion senior note offering to help finance its $13.6 billion Chart Industries acquisition. A concurrent uptick in U.S. rig counts and a solid analyst consensus support near-term sentiment, while higher leverage and integration execution remain key watchpoints for investors.
25d
Baker Hughes $9.5B Debt Fuels Chart Deal, Waygate.
Baker Hughes announced a $9.5 billion senior-notes offering to fund its proposed Chart Industries acquisition while reporting a strong quarter and reaching a 52-week high. The company’s financing, potential sale of Waygate Technologies, and recent insider activity are driving near-term stock volatility but could strengthen strategic positioning if integration and divestiture plans proceed.
11 Mar at 09:20
Baker Hughes $9.5B Bonds Secure Chart Close Today!
Baker Hughes priced $9.5B of senior notes to finance its $13.6B acquisition of Chart Industries. The long-dated bond package reduces reliance on short-term funding but raises leverage questions. Institutional buying and analyst upgrades accompany notable insider selling. This article explains the financing, implications for BKR shares, and what investors should watch next.
04 Mar at 09:20
BKR Secures LNG Modularity & 1.4GW LDES Deal
Baker Hughes (BKR) advanced its energy-transition positioning this week with a modular LNG memorandum and a major equipment supply agreement for long-duration compressed-air storage. These tangible contracts coincided with elevated trading volume and a modest share pullback, underscoring investor focus on execution and future revenue visibility.
25 Feb at 09:20
BKR Surge: $1.21GW AI Data-Center Power Deal Now!.
Baker Hughes (BKR) won a $1.21 GW contract to supply power infrastructure for AI data centers and has raised its data-center order target to $3 billion. The award—25 DAX 7 electric generators and related equipment—boosts backlog visibility and underscores the firm's shift into high-power industrial solutions, while execution and delivery timelines remain the primary risks for investors.