Baker Hughes(BKR)
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Here's Why Baker Hughes (BKR) is a Strong Momentum Stock
ZACKS· 2024-07-22 14:51
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks ...
Baker Hughes (BKR) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-07-18 15:09
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 ...
The 7 Most Undervalued Energy Stocks to Buy in July 2024
Investor Place· 2024-07-17 13:39
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 ...
Why Baker Hughes (BKR) is a Top Growth Stock for the Long-Term
ZACKS· 2024-07-11 14:46
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 ...
Is Baker Hughes (BKR) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-07-10 17:45
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 ...
BKR or CLB: Which Is the Better Value Stock Right Now?
ZACKS· 2024-07-10 16:46
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 (BKR) Launches 3 New Hydrogen Measurement Solutions
ZACKS· 2024-07-01 09:21
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 (BKR) Wins Award to Enhance Azerbaijan Oilfields
ZACKS· 2024-06-17 16:26
Core Insights - Baker Hughes Company (BKR) has been awarded a contract by the State Oil Company of Azerbaijan Republic (SOCAR) to implement advanced electric submersible pump (ESP) technology and automated field production software in Azerbaijan's oilfields [1][2][10] - The project will initiate with the delivery of the first 50 out of more than 150 ESPs in 2024, aimed at optimizing SOCAR's oilfield operations and enhancing efficiency while reducing workover frequency [2][10] - The partnership will establish a joint center of excellence in Azerbaijan, focusing on the manufacturing, assembly, repair, and maintenance of ESPs, which will foster local expertise and contribute to regional economic development [4][10] Company and Industry Developments - Simonelli, CEO of Baker Hughes, emphasized the importance of technology in sustainable energy and the company's commitment to delivering efficient and environmentally friendly production solutions [3][10] - Baker Hughes will also invest in workforce training initiatives to equip local employees with the necessary skills for advanced operations [5] - The collaboration is expected to transform Azerbaijan's oil and gas sector, enhancing the nation's energy capabilities and setting new standards for operational efficiency and sustainability [6][10]
Baker Hughes Announces Dates for Second-quarter 2024 Earnings Release and Webcast
Newsfilter· 2024-06-17 12:00
Core Points - Baker Hughes (NASDAQ: BKR) is set to announce its second quarter results for the period ending June 30, 2024, on July 25, 2024, at 5 p.m. Eastern Time [2] - A webcast to discuss these results will take place on July 26, 2024, at 9:30 a.m. Eastern Time [2] - Baker Hughes is an energy technology company with over a century of experience, operating in more than 120 countries, focusing on innovative technologies and services to enhance energy efficiency and sustainability [3] Company Information - Baker Hughes provides solutions to energy and industrial customers globally, emphasizing safety, cleanliness, and efficiency in energy production [3] - The company can be contacted for investor relations through Chase Mulvehill at +1 281-809-9088 or via email at investor.relations@bakerhughes.com [4] - Media inquiries can be directed to Thomas Millas at +1 346-415-0320 or via email at media.relations@bakerhughes.com [4]
Baker Hughes Announces Dates for Second-quarter 2024 Earnings Release and Webcast
GlobeNewswire News Room· 2024-06-17 12:00
Core Insights - Baker Hughes (NASDAQ: BKR) will announce its second quarter results for the period ending June 30, 2024, on July 25, 2024, at 5 p.m. Eastern Time [2] - A webcast to discuss these results is scheduled for July 26, 2024, at 9:30 a.m. Eastern Time [2] Company Overview - Baker Hughes is an energy technology company that provides solutions to energy and industrial customers globally, with operations in over 120 countries [3] - The company focuses on innovative technologies and services aimed at making energy safer, cleaner, and more efficient [3] Webcast Access - Listeners can access the webcast by visiting the Baker Hughes investor relations website, where an archived version will also be available post-webcast [4]