Baker Hughes Company (BKR) Q2 2025 Earnings Call July 23, 2025 09:30 AM ET Company ParticipantsChase Mulvehill - VP - Investor RelationsLorenzo Simonelli - Chairman & CEOAhmed Moghal - EVP & CFOScott Gruber - Director - Oilfield Services & Equipment ResearchJ. David Anderson - Managing DirectorConference Call ParticipantsArun Jayaram - Research AnalystSaurabh Pant - Director & Equity Research AnalystOperatorGood day, ladies and gentlemen, and welcome to the Baker Hughes Company Second Quarter twenty twenty ...

Key Takeaways BKR posted Q2 EPS of $0.63 and revenues of $6.91B, both beating their consensus estimate. Cost efficiency and segment productivity helped offset inflation and drove improved results. IET revenues rose 5% and EBITDA jumped 18%, while OFSE revenues and orders declined.Baker Hughes Company (BKR) reported second-quarter 2025 adjusted earnings of 63 cents per share, which beat the Zacks Consensus Estimate of 55 cents. The bottom line also improved from the year-ago level of 57 cents.Total quarter ...

Second-quarter highlights Orders of $7.0 billion, including $3.5 billion of IET orders.RPO of $34.0 billion, including record IET RPO of $31.3 billion.Revenue of $6.9 billion, down 3% year-over-year.Attributable net income of $701 million.GAAP diluted EPS of $0.71 and adjusted diluted EPS* of $0.63.Adjusted EBITDA* of $1,212 million, up 7% year-over-year.Cash flows from operating activities of $510 million and free cash flow* of $239 million.Returns to shareholders of $423 million, including $196 million of ...

Shell_TechnipEnergies_Alliance Shell_TechnipEnergies_Alliance Technip Energies (PARIS:TE) and Shell Catalysts & Technologies have signed their global alliance agreement to work exclusively together to deliver a post-combustion amine-based carbon capture solution using Shell’s CANSOLV1 CO2 Capture System. The alliance combines Shell Catalysts & Technologies leading technology expertise with Technip Energies’ integration and project delivery excellence. The parties have agreed to work exclusively togethe ...

Core Insights - Baker Hughes Company (BKR) has partnered with Denmark's state-owned gas distributor Evida to develop CO2 transport solutions in Denmark, supporting the country's carbon reduction goals [1][10] - The collaboration combines Baker Hughes' CO2 process equipment expertise with Evida's pipeline transport capabilities, focusing on scalable solutions for CO2 emitters [2][10] - Evida CO2 is preparing for initial pipeline connections in line with the Danish government's carbon capture and storage (CCS) tender timelines [4][10] Company and Industry Developments - The partnership is positioned to play a crucial role in establishing the CO2 transport infrastructure necessary for Denmark's decarbonization efforts [7] - Denmark's CCS market is gaining momentum, with the issuance of its first CO2 storage permit in late 2022 and the completion of the first CO2 injection into the North Sea in March 2023 [6] - The Danish Energy Agency has prequalified 10 companies for its CCS funding initiative, with final bids due by December 17, 2025, and contracts expected to be awarded in April 2026 [6]

Core Viewpoint - Technip Energies has conducted a share buyback program from June 30, 2025, to July 4, 2025, purchasing a total of 50,000 shares at an average price of €35.741625 per share [1][2]. Group 1: Share Buyback Details - The share buyback program was executed under a discretionary mandate by an investment services provider [1]. - Daily transactions included the purchase of 10,000 shares on each day from June 30 to July 4, 2025, with daily average prices ranging from €35.531312 to €35.902700 [2]. - The total volume of shares purchased during this period was 50,000 [2]. Group 2: Company Overview - Technip Energies is a global technology and engineering company with a focus on LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [3]. - The company generated revenues of €6.9 billion in 2024 and operates in 34 countries with over 17,000 employees [4].

HAMILTON, Bermuda, July 1, 2025 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman, President and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, July 30, 2025 at 10:00 a.m. Central Time for a discussion of operating results for the second quarter ended June 30, 2025. Nabors will release earnings after the market closes on July 29, 2025. Date: July 30, 2025 Time: 10:00 a.m. CT (11:00 a.m. ET) Dial-in-number(s) ...

Group 1 - Technip Energies will release its first half 2025 financial results on July 31, 2025, at 07:30 CEST [2] - A conference call to discuss the results will take place on the same day at 13:00 CEST, with participation details provided [2] - The event will also be available via a webcast, which requires registration at least 10 minutes prior to the call [2] Group 2 - Technip Energies is a global technology and engineering company with a focus on LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [3] - The company generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris [4] - Technip Energies employs over 17,000 people across 34 countries, emphasizing sustainability and innovation in its operations [4]

Core Viewpoint - Baker Hughes has agreed to acquire Continental Disc Corporation (CDC) for approximately $540 million in an all-cash transaction, enhancing its portfolio in safety-critical pressure management solutions [1][4]. Company Overview - Baker Hughes is an energy technology company providing solutions to energy and industrial customers globally, with operations in over 120 countries [7]. - Continental Disc Corporation, headquartered in Liberty, Missouri, specializes in designing and manufacturing safety products such as rupture discs and pressure relief valves, serving various industries including pharmaceutical, chemical, and oil and gas [2][8]. Financial Aspects - CDC generated approximately $109 million in proforma revenue in 2024, with around 80% being recurring revenue, indicating a strong revenue model [3]. - The acquisition is expected to be immediately accretive to Baker Hughes' earnings and cash flow per share, as well as improve the segment margins of its Industrial & Energy Technology (IET) division [4][8]. Strategic Fit - The acquisition aligns with Baker Hughes' portfolio optimization strategy, focusing on core businesses with strong growth and synergy opportunities [4]. - The addition of CDC's products complements Baker Hughes' existing Control Valve and High-Pressure Relief Valve offerings, enhancing its market position [2][4]. Transaction Details - The acquisition will be funded with cash on hand and is anticipated to close in the fourth quarter of 2025, pending regulatory approvals [6].

Core Viewpoint - Baker Hughes will announce its second quarter results for the period ending June 30, 2025, on July 22, 2025, with a subsequent webcast to discuss these results on July 23, 2025 [1]. Company Information - Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers globally, leveraging over a century of experience and operating in more than 120 countries [3]. - The company focuses on innovative technologies and services aimed at making energy safer, cleaner, and more efficient for both people and the planet [3]. Webcast Access - Listeners can access the webcast by visiting the Baker Hughes investor relations website, with an archived version available post-webcast [2]. Contact Information - For investor relations inquiries, Chase Mulvehill can be contacted at +1 346-297-2561 or via email at investor.relations@bakerhughes.com [4]. - For media relations, Adrienne M. Lynch is available at +1 713-906-8407 or media.relations@bakerhughes.com [4].