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Baker Hughes & Chart Ink $13.6B Deal—Start of Energy's Comeback?
MarketBeat· 2025-08-04 11:27
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 ...