In its weekly release, Baker Hughes Company (BKR) stated that the U.S. rig count was lower than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers and trade publications.Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and its comparison with the week-ago figure indicates the demand trajectory for the company’s oilfiel ...

In its weekly release, Baker Hughes Company (BKR) stated that the U.S. rig count was higher than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers and trade publications.Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and its comparison with the week-ago figure indicates the demand trajectory for the company’s oilfie ...

In the latest market close, Baker Hughes (BKR) reached $29.48, with a -0.81% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.17%. Elsewhere, the Dow lost 0.06%, while the tech-heavy Nasdaq lost 0.55%.Shares of the oilfield services company witnessed a gain of 1.3% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 1.63% and the S&P 500's gain of 3.98%.Market participants will be closely following the financial ...

In its weekly release, Baker Hughes Company (BKR) stated that the U.S. rig count was higher than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers and trade publications.Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and its comparison with the week-ago figure indicates the demand trajectory for the company’s oilfie ...

In the latest market close, Baker Hughes (BKR) reached $29.20, with a -0.48% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 2.11%. Elsewhere, the Dow gained 1.18%, while the tech-heavy Nasdaq added 2.96%.The the stock of oilfield services company has fallen by 2.33% in the past month, lagging the Oils-Energy sector's gain of 6.4% and the S&P 500's gain of 3.08%.The investment community will be closely monitoring the performance of Baker Hughes in its fort ...

It has been about a month since the last earnings report for Baker Hughes (BKR) . Shares have lost about 2.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Baker Hughes due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Baker Hughes Q4 Earnings Top Estimates, Rev ...

Company to provide well construction services in Buzios field offshore Brazil Positions Baker Hughes as integrated solutions supplier for Petrobras HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ:BKR), an energy technology company, announced Wednesday a significant contract award from Petrobras for integrated well construction services in the Buzios field, offshore Brazil. The integrated services project is set to start in the first half of 2025 and will include drilling services, drill bits ...

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In its weekly release, Baker Hughes Company (BKR) stated that the U.S. rig count was higher than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers and trade publications.Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and its comparison with the week-ago figure indicates the demand trajectory for the company’s oilfie ...

Baker Hughes’ (BKR) board of directors announced an increase in quarterly cash dividends. The raised quarterly dividend of 21 cents per share of Class A common stock is payable on Feb 23, to the common stockholders of record as of Feb 13.This dividend hike reflects a 5% sequential and an 11% year-over-year increase. This reflects the oilfield service player’s strong commitment to returning capital to shareholders.Remarkably, Baker Hughes has plans to fund its dividend payment through operating cashflows. Th ...