Core Viewpoint - Baker Hughes announced a quarterly cash dividend of $0.21 per share, reflecting a 5% increase compared to the same quarter last year [1][3]. Company Overview - Baker Hughes (NASDAQ: BKR) is an energy technology company providing solutions to energy and industrial customers globally, with operations in over 120 countries [2]. Dividend Details - The declared quarterly cash dividend of $0.21 per share is payable on August 16, 2024, to shareholders of record on August 6, 2024 [3]. - The dividend reflects a 5% increase, or $0.01, compared to the same quarter last year [1][3]. - The company expects to fund its quarterly cash dividend from cash generated from operations [4].

HOUSTON and LONDON, July 25, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.21 per share of Class A common stock payable on Aug. 16, 2024, to holders of record on Aug. 6, 2024. In line with our stated goal to responsibly grow the dividend over time, the dividend reflects a 5% increase, or $0.01, compared to the same quarter last year. Baker Hughes expects to fund its quarterly cash dividend from cash gener ...

Baker Hughes Company (BKR) is set to report second-quarter 2024 results on Jul 25, after the closing bell. The company beat on earnings in each of the trailing four quarters, delivering an average surprise of 11.4%. This is depicted in the graph below: The Zacks Consensus Estimate for second-quarter earnings per share of 49 cents has witnessed one upward revision and one downward revision in the past seven days. The consensus estimate implies an increase of 25.6% from the year-ago reported number. Factors t ...

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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 ...

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 ...

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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 ...