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 ...

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Baker Hughes, driven by higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2] Earnings Expectations - Baker Hughes is expected to report quarterly earnings of $0.47 per share, reflecting a +9.3% year-over-year change, with revenues projected at $6.51 billion, up 1.5% from the previous year [3] Estimate Revisions - The consensus EPS estimate has been revised 1.45% lower in the last 30 days, indicating a reassessment by analysts [4] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.95%, indicating a likelihood of beating the consensus EPS estimate [10][11] Historical Performance - Baker Hughes has consistently beaten consensus EPS estimates, achieving this in the last four quarters, including a +11.11% surprise in the most recent quarter [12][13] Investment Considerations - While a positive earnings surprise is a strong indicator of potential stock performance, other factors may also influence stock movement post-earnings release [14][16]

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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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]