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 Webcast Access - Listeners can access the webcast by visiting the Baker Hughes investor relations website, where an archived version will also be available after the live event [2].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].

HOUSTON, March 11, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and NextDecade Corporation (NASDAQ: NEXT) and announced Tuesday that they have entered into a framework agreement whereby NextDecade plans to utilize Baker Hughes’ gas turbine and refrigerant compressor technology (Equipment Packages) and enter into contractual services agreements to perform maintenance work for these Equipment Packages for Trains 4 through 8 at the Rio Grande LNG Facility. “Utilizing Baker ...

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]

Joint initiative to develop a lower carbon power generation technology solution specifically designed for oil and gas, heavy industries and other smaller scale applicationsCollaboration framework focuses on assessing feasibility and scalability of Net Power’s platform and is open to other potential contributors HOUSTON and LONDON, March 06, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and Woodside Energy (ASX: WDS; NYSE: WDS), a leading Australian energy company, announ ...

Frontier's SCS Hub, spanning nearly 100,000 acres in Wyoming, will provide open-access CO₂ storage for industrial emitters and ethanol producers using its CO₂-by-rail strategyBaker Hughes will provide key CCS and power generation technologies, including CO₂ compression, well design, and its industrial NovaLT™ gas turbines to support power solutions for data centers and industrial customersPartnership allows Frontier to move forward with greater efficiencies and resources for project development HOUSTON and ...

Experienced Baker Hughes finance leader will play key role in driving next phase of strategic transformation and growth HOUSTON and LONDON, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ: BKR) (“Baker Hughes” or the “Company”) on Monday announced that Ahmed Moghal, a highly experienced finance leader who currently serves as chief financial officer (CFO) of our Industrial & Energy Technology (IET) business, has been appointed CFO of the Company, effective immediately. Prior to IET, Moghal hel ...

Core Insights - Albert Anthony is a Croatian-American media personality who has gained over 1,000 followers on investor platforms since 2023, focusing on markets and stocks [1] - He is set to launch a new book titled "Financial Markets: Growing A Dividend Income Portfolio" in 2025, coinciding with an ongoing series of articles on the same topic [1] - Albert Anthony has a background in management and information systems, having worked in the IT department of a top-10 financial firm [1] Company Profile - Albert Anthony & Co. is a sole proprietorship registered in Austin, Texas, and is wholly owned by Albert Anthony [1] - The company does not provide personalized financial advisory services but offers general market commentary based on publicly available data [1] - Albert Anthony has launched the Future Investor Fund, focusing on building a dividend portfolio [1] Educational Background - Albert Anthony has completed degrees and certificates from several institutions, including Drew University, Corporate Finance Institute, UVA Darden School of Business, CompTIA, and Microsoft [1] - He has attended various business and innovation conferences in Southeast Europe and has spoken at startup and digital nomad events in Croatia and Austin [1]

Baker Hughes Company (BKR) ), a leading energy technology company, has introduced three electrification technologies designed to enhance reliability, efficiency, and sustainability in onshore and offshore energy operations. The innovations — Hummingbird, SureCONTROL Plus and an all-electric subsea production system — were announced at the company’s 25th Annual Meeting in Florence, Italy.Hummingbird is the first fully electric land cementing unit, replacing diesel engines with grid-connected or battery-power ...

Baker Hughes Company (BKR) , a leading global oilfield services provider, announced that it has secured an order associated with the expansion of Saudi Aramco’s Jafurah gas field.Baker Hughes has received the order from Tecnicas Reunidas for six gas compression trains and propane compressors that are part of Phase 3 of the Jafurah gas field expansion. The gas field is located in the Kingdom of Saudi Arabia.Per BKR, the order was officially recorded in the fourth quarter of 2024. The oilfield services giant ...

Core Insights - Baker Hughes (BKR) reported revenue of $7.36 billion for the quarter ended December 2024, reflecting a year-over-year increase of 7.7% and surpassing the Zacks Consensus Estimate by 3.81% [1] - The company's EPS for the quarter was $0.70, up from $0.51 in the same quarter last year, exceeding the consensus estimate of $0.63 by 11.11% [1] Financial Performance - Total orders for Baker Hughes amounted to $7.50 billion, slightly below the average estimate of $7.73 billion [4] - Oilfield Services & Equipment orders were reported at $3.74 billion, compared to an average estimate of $4.63 billion [4] - Revenue from Oilfield Services & Equipment in North America was $971 million, exceeding the average estimate of $857.38 million, but showing a year-over-year decline of 4.6% [4] - Revenue from Industrial & Energy Technology reached $3.49 billion, surpassing the average estimate of $3.27 billion, with a year-over-year increase of 21.3% [4] - Revenue from Gas Technology Equipment was $1.66 billion, exceeding the average estimate of $1.47 billion, reflecting a year-over-year increase of 37.9% [4] Stock Performance - Baker Hughes shares have returned +10.7% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]