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
22h
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.
7d
BKR Rallies IET Orders, Hydrostor & Marathon Deals
Recent concrete developments for Baker Hughes (BKR) include accelerating Industrial & Energy Technology orders — notably data-center and long-duration storage contracts with Hydrostor — plus a multi-year downstream chemicals agreement with Marathon Petroleum and participation in a low‑carbon ammonia project. These events are driving BKR’s near-term narrative and repositioning revenue mix toward higher-margin, non‑oilfield segments.
14d
BKR: Analyst Upgrades, Marathon Deal, Dividend Q1.
Baker Hughes (BKR) saw recent analyst upgrades, a preferred-provider win with Marathon Petroleum, and a fresh quarterly dividend — moves that produced 52-week highs and above-average trading volumes, reinforcing near-term investor confidence.
21d
Baker Hughes: Clean-Ammonia & Energy Storage Wins!
Baker Hughes (BKR) secured meaningful clean-energy contracts this week — supplying technology for a low‑carbon ammonia plant and expanding its tie-up with Hydrostor for advanced compressed-air energy storage. Coupled with modest institutional buying and a named insider stock sale, these concrete developments are driving investor attention and near-term share strength.
28d
Baker Hughes Hits 52-Week High; Q4, RPO Surge Now!
Baker Hughes (BKR) posted stronger-than-expected Q4 results and record backlog in its Industrial & Energy Technology segment, driving the stock to fresh 52-week highs on heavy volume and improved technicals.
21 Jan at 09:20
Baker Hughes Rally: PSI Sale, JV, Q4 Catalyst Lift
Baker Hughes (BKR) gained technical momentum after a Relative Strength upgrade and consecutive price spikes, hitting a 52-week high. Strategic moves — a $1.15B divestiture of its PSI line to Crane and a surface pressure control JV with Cactus — sharpen focus ahead of Q4 earnings.
14 Jan at 09:20
BKR Rally on LNG Win: Commonwealth Fuels Growth Q1
Baker Hughes (BKR) gained ground after receiving a full notice to proceed on the Commonwealth LNG contract for six LM9000-based refrigerant turbo-compressor trains. Strong IET backlog, recent outperformance versus peers, and an upcoming Q4 earnings print create a clear near-term catalyst and valuation focus for investors.