Baker Hughes Company is a leading energy technology company that provides essential services and solutions for the oil and gas industry
With a focus on innovation and sustainability, Baker Hughes develops advanced products and systems that enhance the efficiency and safety of energy exploration and production. The company offers a wide range of services, including drilling, evaluation, completion, and production, while also investing in technologies that support the transition to renewable energy sources. By leveraging its expertise in engineering and technology, Baker Hughes aims to meet the evolving needs of its clients and contribute to the future of energy.
HOUSTON and LONDON, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQBKR) announced today that the Baker Hughes Board of Directors declared an increased quarterly cash dividend of $0.23 per share of Class A common stock payable on Feb. 21, 2025, to holders of record on Feb. 11, 2025.
HOUSTON and LONDON, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQBKR), an energy technology company, announced Thursday it has been awarded an order by Tecnicas Reunidas for six gas compression trains and six propane compressors, for the third expansion phase of Aramco’s Jafurah gas field, located in the Kingdom of Saudi Arabia. The order was booked in the fourth quarter of 2024.
Wall Street is struggling to find risk-on momentum, with major indexes stuck near the flatline at midday as investors assess the latest earnings reports from mega-cap tech stocks and weaker-than-expected U.S.
HOUSTON and LONDON, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQBKR), an energy technology company, announced Thursday that it has been awarded a major contract to provide a modularized liquefied natural gas (LNG) system and power island to support Venture Global (VG) LNG projects in the United States. In addition, Baker Hughes signed a multi-year services frame agreement, including maintenance, inspection, repairs and engineering services, to support phases 1 and 2 of VG’s Plaquemines LNG project in Louisiana. The equipment order and services agreement were both secured in the fourth quarter of 2024.
When you hear the name Schlumberger, oil drilling usually comes to mind. But they are evolving as they leverage technology to bolster efficiency and production.
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Traders adopted a cautious approach on Monday as they awaited two critical inflation reports due later this week, seeking clarity on Federal Reserve interest rate policy.
Every year, analysts discuss the stocks and sectors they favor for the coming year, often providing price targets for where major indexes might land by year-end. I believe both of these practices are futile. The market is dynamic and ever-changing; the environment can shift on a dime, so don’t get attached to a one-year playbook. Focusing on quarterly trends is a better approach.
President Joe Biden announced Monday that he will ban offshore drilling along most of the U.S. coastline before leaving the White House in two weeks. Here are four stocks to watch:
Woodward Inc. reports record 2024 growth. With strong aerospace sales and a promising 2025 outlook, WWD stock presents opportunities for savvy investors.
HOUSTON and LONDON, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQBKR), an energy technology company, announced Monday an order from Bechtel Energy Inc. (Bechtel) to supply gas technology equipment for two liquefaction plants with a total capacity of approximately 11 MTPA for Phase 1 of Woodside Energy Group Ltd’s (ASX: WDS; NYSE: WDS) (Woodside) Louisiana LNG development opportunity. The order marks a significant milestone as Woodside targets final investment decision (FID) readiness from the first quarter of 2025.
Joshua Brown predicts Baker Hughes (BKR) will go higher, Brian Belski chooses Raymond James (RJF), while Karen Firestone picks Westinghouse Air Brake (WAB) & Stephanie Link chooses Boeing (BA).
