Baker Hughes & Chart Ink $13.6B Deal—Start of Energy's Comeback?

As the Q2 earnings season continues, the stock market is revealing that some sectors appear more promising than others. The energy sector is quickly taking the lead, offering the best risk-to-reward ratio. Transocean Today RIG Transocean $2.81 -0.11 (-3.77%) 52-Week Range $1.97 Oil and gas company Baker Hughes Co. NYSE: BKR has broken a record in mergers and acquisitions (M&A) dealings for 2025, inking a deal to acquire Chart Industries Inc. NYSE: GTLS for a total sum of up to $13.6 billion. The merger is a ...