Baker Hughes Company (BKR) , a leading energy technology firm, has demonstrated robust performance with a 20% rise in its share price in 2024. It has outpaced the broader oil energy sector, which gained 1.8% during the same period. Furthermore, BKR has surpassed its peers, including SLB (SLB) and Halliburton (HAL) , in the Oil and Gas Equipment and Services industry.Image Source: Zacks Investment ResearchBaker Hughes operates at the forefront of the energy technology landscape, providing advanced solutions ...

Contract awarded by Bechtel for 2 LNG liquefaction plants, featuring main refrigeration compressors driven by LM6000PF+ gas turbines, and expander-compressorsTechnology scope supports Phase 1 of major LNG export project in North America, with a total overall permitted capacity of 27.6 million tonnes per annum HOUSTON and LONDON, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ:BKR), an energy technology company, announced Monday an order from Bechtel Energy Inc. (Bechtel) to supply gas technology equi ...

HOUSTON and LONDON, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the fourth quarter and full year ending Dec. 31, 2024, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Thursday, Jan. 30, 2025. A webcast to discuss the results will be held Friday, Jan. 31, 2025, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time). To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will be avail ...

With 2025 almost in sight, it's a good idea to start thinking about making adjustments to your portfolios. With this in mind, here are three great value stocks to consider. They all trade at attractive valuations and have significant upside catalysts in 2025 that could lead them to outperform the market significantly.1. Owens Corning for the housing market recoveryTrading at 12.4 times Wall Street analyst estimates for 2025, roofing, insulation, and doors company Owens Corning (OC -1.51%) is attractively va ...

Core Insights - Baker Hughes Company (BKR) has expanded its operations in Namibia by inaugurating advanced facilities at Walvis Bay Port, including the largest liquid mud plant in the country, a cement bulk facility, and an integrated multi-modal facility aimed at supporting the local energy sector and creating job opportunities [1][5] Infrastructure Development - The new liquid mud plant has a capacity of 15,000 barrels for drilling and completion fluids, providing tailored solutions for customer requirements [2] - The multi-modal facility is equipped with advanced testing and maintenance equipment to support subsea operations [2] Strategic Positioning - The facilities at Walvis Bay Port are strategically located to ensure a consistent local supply of materials for offshore energy operations, enhancing operational efficiency for energy companies in Namibia [3] - Baker Hughes has been active in the region since 2021, providing various services including drilling and subsea wellheads, further solidifying Namibia's role as a key energy supplier in Africa [4] Workforce Development - The company has focused on local workforce development by employing trained Namibian workers and providing advanced training to personnel from NAMCOR and the Ministry of Mines and Energy, thereby strengthening the skilled labor pool in the oil and gas sector [3] Commitment to Local Growth - Baker Hughes' investment reflects its commitment to supporting Namibia's energy ambitions and fostering local economic growth and sustainability [5]

It has been about a month since the last earnings report for Baker Hughes (BKR) . Shares have added about 19.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Baker Hughes due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Baker Hughes Q3 Earnings Beat EstimatesBake ...

New liquid mud plant is the largest in Namibia in terms of volume and capacityWalvis Bay Port location will enhance efficiencies for customers and support local employment WALVIS BAY, Namibia, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday the opening of its new liquid mud plant, cement bulk facility and integrated multi-modal facility to support Namibia’s burgeoning energy industry and increase localization opportunities. The facilities, inclu ...

Company Overview - Baker Hughes is an energy technology company operating in the energy and industrial markets, with two main segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) [3] - OFSE segment includes four product lines: Well Construction, Production Solutions, Subsea & Surface Pressure Systems, and Completions, Intervention, & Measurements [3] - IET segment provides technologies and services to various markets including LNG, refining, pipeline and gas storage, aviation, utilities, and mining [4] - The company operates in over 120 countries globally [4] Technology Activities - The report provides insights into Baker Hughes' digital transformation strategies and innovation programs [2][5] - It covers technology initiatives, including partnerships and product launches, with details on technology themes, objectives, and benefits [2][5] - The report includes information on estimated ICT budgets and major ICT contracts [2] Report Highlights - The report offers insights into Baker Hughes' tech operations, technology themes, product launches, and partnerships [6] - Key topics covered include Digital Transformation Strategy, Technology Focus, Technology Initiatives, Venture Arm, Investments, Acquisitions, and ICT Budget [6] - The report also provides a Partnership, Investment & Acquisition Network Map and details on key executives [6]

Baker Hughes to deliver integrated gas recovery and hydrogen sulfide (H2S) removal system Solution expected to recover flare gas equivalent up to 7 million Nm3 of methane per year, and further reduce CO2 emissions by up to 11,000 tons per year Recovered flare gas will be used as fuel within the refinery, improving efficiency and reducing consumption and operating costsContract signed at COP29 in Baku, Azerbaijan BAKU, Azerbaijan, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy techno ...

KEY TAKEAWAYSOil stocks, that helped lead the S&P 500 to a new record high Wednesday after Donald Trump's electoral victory, have given some of those gains.Initial stock optimism anticipating a friendly approach to the sector from the incoming Trump administration has faded as concerns emerge.Analysts believe that Trump's policies, including tariffs, may spur oil production, but that would drive down oil prices which would in turn weigh on oil stocks. Oil stocks are trading cautiously, giving up some of th ...