Baker Hughes (BKR) is set to report first-quarter 2025 results on April 22, after the closing bell.In the last reported quarter, its adjusted earnings of 70 cents per share beat the Zacks Consensus Estimate of 63 cents, primarily driven by higher operational performance across both segments and an improving EBITDA margin.Earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 11.7%. This is depicted in the graph below:Estimate TrendThe Zacks C ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Baker Hughes (BKR) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 22. On ...

Baker Hughes (BKR) shares soared 10.7% in the last trading session to close at $38.75. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 16.4% loss over the past four weeks.Oil prices have bounced back as investors remain hopeful that an energy market downturn is unlikely, thanks to a broader market recovery following President Donald Trump's move to pause "reciprocal" tariff hikes and implement a lower 10% tariff rate for most cou ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Baker Hughes (BKR) . This company, which is in the Zacks Oil and Gas - Field Services industry, shows potential for another earnings beat.This oilfield services company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 1 ...

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Baker Hughes Company (BKR) ), a leading energy technology company, has been awarded a multi-year contract by Dubai Petroleum Establishment (“DPE”), acting on behalf of Dubai Supply Authority, to provide integrated coiled-tubing drilling services for the Margham Gas storage project. The contract strengthens Baker Hughes' involvement in Dubai’s energy transition while enhancing the region's energy security.BKR Expands Role in Dubai’s Energy InfrastructureThe Margham Gas project plays a vital role in ensuring ...

CoilTrak™ system allows for increased reservoir connectivity through efficient slim-hole multilateral drillingProject strengthens Dubai’s low-carbon energy capabilitiesAward follows major order for Baker Hughes’ Integrated Compressor Line (ICL) units HOUSTON and LONDON, March 26, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a multi-year contract with Dubai Petroleum Establishment (DPE), for and on behalf of Dubai Supply Authority (DUSUP), to provide ...

Core Insights - Baker Hughes has secured a multi-year integrated completions systems contract with Petrobras, aimed at optimizing production in Brazil's deepwater fields [1][5] - The contract will utilize Baker Hughes' advanced completions technology portfolio, including intelligent completions and conventional solutions, to enhance remote operations and multizone control [2][4] - The deployment of new technologies, such as the SureCONTROL Premium interval control valve, will improve reliability and allow real-time responses to well conditions [3][4] Technology and Innovation - Baker Hughes' completions technologies are specifically designed for deepwater, high-pressure wells, ensuring reliability in challenging environments [3] - The company will provide a range of technologies, including SureSENS downhole gauges, monitoring systems, chemical injection systems, and various safety valves [4] - The collaboration with Petrobras emphasizes continual innovation and testing to safely and efficiently develop Brazil's natural resources [3][5] Economic Impact - Baker Hughes has a long-standing role in the development of Brazil's offshore oil and gas fields, contributing to the local economy and strengthening the energy supply chain [5] - The localization strategy of Baker Hughes supports the Brazilian economy while enhancing operational efficiency in energy production [5]

New solutions will support remote operations in deepwater fieldsTechnology allows real-time response to evolving well conditions across multiple zones HOUSTON and LONDON, March 20, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ:BKR), an energy technology company, announced Thursday a major, multi-year fully integrated completions systems contract with Petrobras. The award followed an open tender and will leverage Baker Hughes' innovative completions technology portfolio and extensive experience in Brazil to ...

Core Insights - Baker Hughes has received an award from TURBINE-X Energy Inc. for its NovaLT™ gas turbine technology to meet the growing power demand from the data center market [1][2] - The NovaLT™ gas turbine is a multi-fuel solution capable of operating on natural gas, hydrogen blends, and 100% hydrogen, providing flexibility for customers [3] - The partnership with Frontier Infrastructure aims to deliver carbon capture and storage (CCS) and power generation technologies for data centers and industrial clients [1][4] Company Overview - Baker Hughes is an energy technology company with a century of experience, operating in over 120 countries, and focuses on providing innovative solutions for energy and industrial customers [5] - The company offers a diverse portfolio of power solutions, including natural gas, geothermal, hydrogen, and cogeneration technologies, aimed at supporting data center hyperscalers and project developers [4]