Baker Hughes Company (BKR) is set to report second-quarter 2024 results on Jul 25, after the closing bell. The company beat on earnings in each of the trailing four quarters, delivering an average surprise of 11.4%. This is depicted in the graph below: The Zacks Consensus Estimate for second-quarter earnings per share of 49 cents has witnessed one upward revision and one downward revision in the past seven days. The consensus estimate implies an increase of 25.6% from the year-ago reported number. Factors t ...

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The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 25. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Revenues are expected to be $6.81 billion, up 7.9% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates ov ...

Companies in the oil and gas sector with strong cash flow and investments in low-carbon energy sources are quite appealing. Organizations in this sector striving to reduce their debts and have positive expectations regarding production are likely to deliver good results in the future, particularly if the prices of oil rise. No matter what one's fancy is for undervalued energy stocks this month, there are some opportunities for the taking for investors. Thus, these three undervalued energy stocks can be adde ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. What are the Zacks Style Scores? Based on their value, growth, and momentum characteristics ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. While there are numerous reasons why the stock of this oilfield services company is a great growth pick right now, we have highlighted three of the most important factors below: Cash Flow Growth While investors should actually consider the current cash flow growth, it's worth taking a look ...

Investors looking for stocks in the Oil and Gas - Field Services sector might want to consider either Baker Hughes (BKR) or Core Laboratories (CLB) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style ...

Baker Hughes is deeply involved in the entire hydrogen value chain, offering a comprehensive portfolio that includes compressors, gas turbines, valves, centrifugal pumps and non-metallic pipes. Additionally, the company provides hydrogen sensors, monitoring and diagnostics tools, including inspection solutions for hydrogen embrittlement in production and storage, and clean power solutions to produce power with hydrogen and hydrogen blends. Baker Hughes continues to lead the charge in energy technology with ...

Baker Hughes Company (BKR) received an award from the State Oil Company of Azerbaijan Republic ("SOCAR") to implement its cutting-edge electric submersible pump ("ESP") technology and the Leucipa automated field production software solution in Azerbaijan's oilfields. The project will see the first 50 of more than 150 ESPs delivered in 2024, marking the initial phase of a major technological upgrade. The combined deployment of these advanced solutions aims to optimize SOCAR's oilfield operations, promising s ...

To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will be available on the website following the webcast. For more information, please contact: HOUSTON and LONDON, June 17, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the second quarter ending June 30, 2024, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Thursday, July 25, 2024. A webcast to discuss the results will be held Friday, ...