Company Overview - Baker Hughes Company, based in Houston, TX, is one of the world's largest oilfield service providers, offering integrated oilfield products and digital solutions to help customers refine and transport hydrocarbons efficiently and with low environmental impact [11] - The company is capitalizing on the growing demand for clean energy and investments in LNG terminals, expanding its reach beyond traditional oilfields [11] Investment Metrics - Baker Hughes has a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating a solid position in the market [12] - The company has a Value Style Score of B, supported by attractive valuation metrics, including a forward P/E ratio of 17.37, which may appeal to value investors [12] - Over the last 60 days, eight analysts have revised their earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.04 to $2.59 per share [12] - Baker Hughes has an average earnings surprise of 11.7%, suggesting potential for positive performance [12] Investment Recommendation - With a solid Zacks Rank and strong Value and VGM Style Scores, Baker Hughes is recommended for investors' consideration [13]

Analyst's Disclosure: I/we have a beneficial long position in the shares of BKTI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. BK Technologies ( BKTI ) it's a story of significant margin expansion thanks to its new BKR 9000 radios and the development of proprietary sof ...

Core Insights - Baker Hughes Company has secured a multi-year contract with Dubai Petroleum Establishment to provide integrated coiled-tubing drilling services for the Margham Gas storage project, enhancing its role in Dubai's energy transition and security [1][6] Group 1: Contract and Project Details - The Margham Gas project is crucial for Dubai's energy stability, facilitating a flexible transition between natural gas and solar power [2] - This contract follows a previous agreement for Baker Hughes to supply Integrated Compressor Line units for gas storage, further integrating the company's technology into Dubai's energy landscape [3] Group 2: Technology and Innovation - Baker Hughes will utilize its advanced CoilTrak coiled-tubing bottomhole assembly system, which improves reservoir connectivity and enhances the efficiency of slim-hole multilateral drilling [4] - The company's integrated approach combines advanced technology and industry experience to support Dubai Petroleum Establishment in developing secure, reliable, and low-carbon energy solutions [5] Group 3: Strategic Importance - This contract solidifies Baker Hughes' presence in Dubai's energy sector, reinforcing its commitment to delivering innovative solutions that promote reliability and sustainability in the region's power infrastructure [6]

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]

Core Viewpoint - Baker Hughes will announce its first quarter results for the period ending March 31, 2025, on April 22, 2025, with a subsequent webcast to discuss these results on April 23, 2025 [1]. Company Information - Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers globally, leveraging over a century of experience and operating in more than 120 countries [3]. - The company focuses on innovative technologies and services aimed at making energy safer, cleaner, and more efficient for both people and the planet [3]. Webcast Access - Listeners can access the webcast by visiting the Baker Hughes investor relations website, where an archived version will also be available after the live event [2]. Contact Information - For investor relations inquiries, Chase Mulvehill can be contacted at +1 346-297-2561 or via email at investor.relations@bakerhughes.com [4]. - For media relations, Adrienne M. Lynch is available at +1 713-906-8407 or media.relations@bakerhughes.com [4].

Core Viewpoint - Baker Hughes and NextDecade Corporation have entered into a framework agreement for the utilization of Baker Hughes' gas turbine and refrigerant compressor technology at the Rio Grande LNG Facility, which is expected to enhance the efficiency and reliability of LNG operations [1][2]. Group 1: Agreement Details - NextDecade plans to use Baker Hughes' Equipment Packages and enter into maintenance service agreements for Trains 4 through 8 at the Rio Grande LNG Facility [1][2]. - The agreement signifies a continuation of the long-standing relationship between Baker Hughes and NextDecade, aimed at supporting increasing energy demand through innovative solutions [2][3]. Group 2: Project Progress - NextDecade is advancing on the commercialization of Rio Grande LNG Trains 4 and 5, with expectations to make positive final investment decisions and commence construction, contingent on governmental approvals and financing [2][3]. - The company is also developing Trains 6 through 8, which are expected to increase total liquefaction capacity by approximately 18 million tonnes per annum once operational [3]. Group 3: Company Backgrounds - Baker Hughes is an energy technology company providing solutions globally, with a focus on making energy safer, cleaner, and more efficient [4]. - NextDecade is committed to delivering reliable, lower carbon energy solutions, focusing on natural gas liquefaction and carbon capture and storage infrastructure, with a potential liquefaction capacity of approximately 48 million tonnes per annum [5].

Group 1: Collaboration and Agreements - Baker Hughes and Woodside Energy have strengthened their collaboration through a new Technology Development Agreement (TDA) aimed at developing small-scale decarbonization solutions leveraging Net Power's platform [1][2] - This initiative builds on a 2022 Memorandum of Understanding (MoU) focused on reducing emissions across the natural gas supply chain and follows a 10-year service frame agreement signed in July 2024 to support Woodside's LNG operations in Australia [2] Group 2: Technology and Innovation - The patented Net Power platform generates electricity using natural gas while capturing nearly all associated carbon dioxide (CO2) emissions, with Baker Hughes holding exclusive rights to the platform's small-scale applications [3] - The TDA will assess the feasibility of scaling Net Power's technology to meet different industrial needs, with plans to incorporate additional development partners [4] Group 3: Industry Commitment and Future Outlook - Woodside's executive vice president emphasized the company's commitment to leveraging advanced carbon capture and utilization technologies in collaboration with Baker Hughes [5] - The partnership is expected to expand Net Power's reach beyond utility-scale projects, highlighting Baker Hughes' growing role in industrial decarbonization and the transition toward cleaner energy solutions [6]