UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-38143 Baker Hughes Company (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No. ...

Solutions will be implemented at 12 refineries and 2 renewable fuels facilitiesChemical technologies and digital monitoring tools designed to optimize operational efficiency HOUSTON and LONDON, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday an agreement with Marathon Petroleum, the largest U.S. petroleum refiner, to become its preferred provider for hydrocarbon treatment products and services at refineries across the United States. The multiyea ...

来源：央视网 本次大会紧扣行业痛点，聚焦前沿趋势，以"打造油气工程技术利器，推动油气勘探开发高质量发展"为 核心主题，精心设置丰富多元的研讨内容。会议将聚焦物探、钻完井等核心工程技术的创新突破，重点 围绕智能化钻井、物探测录井、复杂压力控制、压裂改造等八大关键技术板块展开，并前瞻性探讨深水 油气、天然气水合物及数字化智能化等前沿领域，致力于贯通油气勘探开发全链条关键技术环节。 大会设置开幕式、特邀报告、技术论坛和成果展示四个环节。在开幕式和特邀报告环节，中国石油、中 国石化、中国海油、延长石油等油气集团将分享最新技术进展与发展战略，国内外院士及专家将以特邀 主旨报告深度解读油气行业发展趋势。技术论坛环节将分智能钻完井技术与装备论坛、物探与测录井技 术论坛、储层压裂改造与测试技术论坛、深水深层非常规油气钻完井工程技术论坛、井控安全与管理论 坛五大专题展开精准研讨，全方位覆盖油气工程关键技术领域。在成果展示环节，将以声光电结合的多 元形式，集中呈现"可借鉴、可复制、可推广、可商业化"的新技术新装备，助力科技成果转化，培育新 质生产力新动能。 本次大会由中国石油学会牵头，联合中石油、中石化、中海油、延长石油以及旗下 ...

Jefferies analyst Lloyd Byrne sets a new price target for Baker Hughes (NASDAQ:BKR) at $67, indicating a potential increase of approximately 19.56%.Baker Hughes secures a significant deal with Expand Energy to deploy its AI-powered Leucipa technology, expected to boost production efficiency and cash flows.The stock's current price is $56.04, with a year's fluctuation between $33.60 and $58.50, and a market capitalization of approximately $55.3 billion.Baker Hughes (NASDAQ:BKR) is a prominent player in the o ...

Key Takeaways EXE signs a multi-year deal with BKR to deploy Leucipa across wells in Marcellus, Utica, and Haynesville.BKR will deliver AI-powered Leucipa as a SaaS platform on AWS using real-time data and machine learning.BKR deployment targets higher production efficiency, reduced manual overheads, and smarter field decisions.Baker Hughes Company (BKR) , a leading energy equipment and service provider, has won a multi-year award from North America’s top natural gas producer, Expand Energy Corporation (EXE ...

Market Overview - The Solid Control Drilling Waste Management Market was valued at USD 1.50 billion in 2025 and is projected to reach USD 3.23 billion by 2035, growing at a CAGR of 8.06% from 2026 to 2035 [1][5]. Market Drivers - The increase in global oil and gas drilling activities is driving the demand for effective solid control and waste management systems due to the significant amount of drilling waste produced [1]. - Companies are focusing on implementing advanced separation technology and treatment solutions to manage contaminated drilling fluids and materials safely [1]. - Environmental protection regulations are encouraging operators to adopt eco-friendly disposal methods, further boosting market demand [1]. Key Market Segmentation By Waste Type - Contaminated Oil Based Muds held a dominant market share of approximately 58% in 2025, attributed to the large volume of hazardous muds generated from oil and gas drilling operations [6]. - The Waste Lubricants segment is expected to grow at the fastest CAGR from 2026 to 2035 due to increasing drilling operations and stricter environmental regulations [6]. By Application - The Onshore segment dominated the market with around 61% share in 2025, driven by the high number of land-based drilling projects [7]. - The Offshore segment is anticipated to grow at the fastest CAGR from 2026 to 2035, fueled by increasing deepwater and offshore oil and gas exploration activities [7]. By End-Use - The Oil & Gas sector accounted for approximately 69% of the market share in 2025, due to extensive use of drilling fluids and high-volume waste generation [8]. - The Geothermal Energy segment is projected to grow at the fastest CAGR from 2026 to 2035, driven by a rising focus on renewable energy and increasing geothermal drilling projects [8]. By Service Type - Solid Control services represented about 41% of the market in 2025, as they are essential for separating solids from drilling fluids [9]. - The Waste Treatment & Disposal segment is expected to experience the fastest growth from 2026 to 2035, driven by increasing environmental regulations and sustainability initiatives [9]. Regional Insights - North America led the market with a revenue share of approximately 38% in 2025, due to extensive oil and gas drilling activities in the U.S. and Canada [11]. - The Asia Pacific region is expected to grow at the fastest CAGR of about 9.39% from 2026 to 2035, driven by rising oil and gas exploration activities and growing investments in drilling infrastructure [11]. Competitive Landscape - Key players in the market include Schlumberger, Halliburton, Baker Hughes, Weatherford International, and others [4]. - Recent developments include TWMA securing a $15 million drilling waste management contract for BP's Mediterranean project and Schlumberger partnering with Cactus Drilling to optimize drilling operations [15].

U.S.-based technology company Baker Hughes said it has a strategic technology solutions and equity agreement with energy storage group Hydrostor. The deal between the companies, announced January 28, integrates Baker Hughes' technology as part of Hydrostor's core design offering for the latter's advanced compressed air energy storage, or A-CAES, solution. The groups on Wednesday said the deal includes up to 1.4 GW of Baker Hughes equipment orders for Hydrostor’s flagship projects. The announcement was made ...

Baker Hughes to supply essential compression, integrated well construction solutionsPlant expected to produce 500,000 tons of ammonia and capture 1.67 million tons of CO2 annuallyProject will help create a more sustainable and reliable domestic fertilizer supply in the U.S. FLORENCE, Italy, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday multiple awards to progress one of the first low-carbon ammonia fertilizer production plants in the United S ...

Collaboration includes an equity investment and up to 1.4 GW of power generation and compression technology orders for Hydrostor’s flagship projects FLORENCE, Italy and DENVER, Colo., Jan. 28, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and Hydrostor, a leading global long duration energy storage (LDES) developer and operator, announced Wednesday a strategic technology solutions and equity agreement. Baker Hughes will deepen its relationship with Hydrostor, integrating ...

Core Viewpoint - Baker Hughes Co is a leading player in the oilfield services industry, showing strong financial performance and growth potential, which has led to an increased price target from Barclays [1][2]. Financial Performance - For Q4 2025, Baker Hughes reported an adjusted EBITDA of $1.34 billion, exceeding guidance [2]. - The company achieved a record high adjusted EBITDA of $4.83 billion for the full year [2][6]. - Baker Hughes generated $1.3 billion in free cash flow for Q4 and a record annual free cash flow of $2.7 billion [3][6]. Market Position and Demand - The company has a record backlog of $32.4 billion and a book-to-bill ratio exceeding 1, indicating strong demand for its services [3]. - The stock price increased by 4.40%, reaching $56.29, with a market capitalization of approximately $55.55 billion [5]. Segment Performance - The Power Systems segment saw orders rise to $2.5 billion in 2025, including $1 billion for data center applications [4]. - The Industrial and Energy Technology (IET) segment achieved a record $14.9 billion in orders for the full year, reflecting strong order momentum [4].