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Baker Hughes Company (BKR) to Provide Liquefaction Equipment for Sempra Infrastructure’s Port Arthur LNG Phase 2 Project in Texas
Yahoo Finance· 2025-10-08 14:13
Core Insights - Baker Hughes Company (NASDAQ:BKR) is recognized as one of the safest stocks to invest in, driven by significant hedge fund interest and strong return on equity [1][4]. Group 1: Project Announcement - Baker Hughes will provide liquefaction equipment for Sempra Infrastructure's Port Arthur LNG Phase 2 project in Texas, with a nameplate capacity of approximately 13 million tons annually [2]. - The company will supply two LNG trains equipped with four Frame 7 gas turbines and eight centrifugal compressors, along with two electric motor-driven compressors for booster service [2]. Group 2: Partnership and Technology - The contract extends Baker Hughes' partnership with Bechtel Energy to enhance Gulf Coast LNG infrastructure, building on previous participation in Phase 1 [3]. - The technology used in the project is designed to maintain high availability and lower emissions, addressing the growing global demand for LNG while improving operational flexibility and efficiency [3].
13 Safest Stocks to Invest in Now
Insider Monkey· 2025-10-07 02:56
Core Viewpoint - The article discusses the importance of "Safe Stocks" in long-term investment portfolios, particularly during periods of market volatility and uncertainty, highlighting the current economic climate and the appeal of stable, dividend-paying equities [2][4]. Economic Context - Investors are seeking stability amid concerns over a potential U.S. government shutdown and disappointing labor reports, with gold prices nearing record highs and global markets showing slight gains [2][3]. - The dollar is under pressure, increasing demand for safe-haven assets, while U.S. stocks remain resilient [3]. Characteristics of Safe Stocks - Safe stocks typically belong to companies with stable balance sheets, consistent profitability, and low volatility, which are favored during uncertain times [4]. - Research indicates that low-volatility equities can mitigate losses, making them attractive for conservative portfolios [4]. Methodology for Stock Selection - The list of the 13 Safest Stocks was curated using the Finviz screener, focusing on large-cap stocks with a beta of less than one, a P/E ratio under 25, an ROE above 10%, and a debt-to-equity ratio below 0.6 [7]. - The stocks are ranked based on the number of hedge funds that hold them, reflecting investor confidence [7][8]. Company Highlights - **Diamondback Energy, Inc. (NASDAQ:FANG)**: - Return on Equity: 13.78% - Hedge Fund Holders: 46 - The CEO warned of stagnation in U.S. crude production if oil prices remain around $60 per barrel, and the company reduced its 2025 capital investment by $500 million to $3.5 billion [10][11][12]. - **Baker Hughes Company (NASDAQ:BKR)**: - Return on Equity: 18.36% - Hedge Fund Holders: 47 - Recently announced a contract to provide liquefaction equipment for Sempra Infrastructure's Port Arthur LNG Phase 2 project, enhancing its partnership with Bechtel Energy [14][15][16]. - **EOG Resources, Inc. (NYSE:EOG)**: - Return on Equity: 19.63% - Hedge Fund Holders: 53 - Mizuho reiterated a neutral rating with a $133 price target, expecting EOG to outperform consensus estimates in EBITDAX and cash flow per share [18][19][21].
Baker Hughes Secures Order for Rio Grande LNG Expansion
Globenewswire· 2025-09-11 21:00
Core Viewpoint - Baker Hughes has been awarded a contract by Bechtel Energy to supply main liquefaction equipment for Train 4 of NextDecade's Rio Grande LNG Facility, enhancing the facility's LNG production capacity and supporting sustainable energy development [1][5]. Group 1: Contract Details - The award includes the supply of two Frame 7 gas turbines and six centrifugal compressors, replicating technology solutions provided for the first three LNG trains [2][5]. - The additional LNG capacity supported by this order is approximately 6 million tons per annum (MTPA) [2][5]. Group 2: Company Statements - Bechtel's general manager for LNG business highlighted Baker Hughes' reliable technology and expertise as key factors in their selection for the project [3]. - Baker Hughes expressed pride in continuing collaboration with Bechtel and NextDecade, emphasizing the importance of the Rio Grande LNG project for global energy security and sustainability [3]. Group 3: Company Background - Baker Hughes is an energy technology company with over a century of experience, operating in more than 120 countries, focusing on making energy safer, cleaner, and more efficient [4].