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 ...

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 ...

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 ...

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 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 ...

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]

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]

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]

Core Insights - Baker Hughes has received a significant order from Petrobras for workover and plug and abandonment services in Brazil's offshore pre-salt and post-salt fields, marking a multi-year project set to commence in the first half of 2025 [3][4] - The project will utilize Baker Hughes' integrated solutions portfolio, which includes a variety of services such as wireline, coiled tubing, cementing, and geosciences, aimed at optimizing performance for Petrobras [4][5] - The expansion of Baker Hughes' facilities in Macaé, Rio de Janeiro, will enhance coiled tubing and tubular running services, contributing to the growth of the Brazilian energy industry and workforce [1] Company Overview - Baker Hughes is an energy technology company listed on NASDAQ (BKR), providing solutions to energy and industrial customers globally, with operations in over 120 countries [2] - The company emphasizes innovative technologies and services that aim to make energy safer, cleaner, and more efficient [2] Project Details - The multi-year project will involve a comprehensive approach to operational excellence and localization, leveraging Baker Hughes' extensive technology portfolio and experience in Brazil [5] - The agreement includes the provision of remedial tools, completion fluids, and production chemicals, indicating a broad scope of services to be delivered [4]

Core Insights - Baker Hughes has secured a significant multi-year project with Petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil, set to commence in the first half of 2025 [3][2] - The project will utilize Baker Hughes' integrated solutions portfolio, which includes a variety of services such as wireline, coiled tubing, cementing, tubular running, wellbore intervention, fishing, and geosciences [2][4] - The company plans to expand its facilities in Macaé, Rio de Janeiro, to enhance coiled tubing and tubular running services, thereby contributing to the growth of the Brazilian industry and workforce [4] Company Overview - Baker Hughes is an energy technology company with a century of experience, operating in over 120 countries, and focuses on making energy safer, cleaner, and more efficient [1][3] - The company emphasizes its comprehensive technology portfolio and deep understanding of localization as key factors for the project's success [1]