CtrlK
BKR
NASDAQ
Energy
$57.56
USD
-$0.29 (-0.50%)
At close: Jul 10, 2026, 4:00 PM EDT
Market Cap:
$56.64B
Volume:
4.9M
Previous Close
$57.85
Day Range
$57.15 - $57.84
52 Week Range
$38.37 - $70.41
Average Volume (10 Days)
11M
P/E Ratio
21.88
Dividend Yield
1.61%
Baker Hughes Co. is a holding company, which engages in the provision of oilfield products, services, and digital solutions. The company is headquartered in Houston, Texas and currently employs 53,000 full-time employees. The firm's segments include Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). OFSE segment provides products and services for onshore and offshore oilfield operations across the lifecycle of a well, ranging from exploration, appraisal, and development, to production, rejuvenation, and decommissioning. OFSE segment is organized into four product lines: Well Construction; Completions, Intervention, and Measurements; Production Solutions, and Subsea. IET segment provides technology solutions and services for mechanical-drive, compression and power-generation applications across the energy industry including oil and gas, liquefied natural gas operations, downstream refining, and petrochemical markets, as well as lower carbon solutions to broader energy and industrial sectors. IET segment also provides equipment, software, and services.
CEO
Mr. Lorenzo Simonelli
Headquaters
Houston, TEXAS, US
Founded
1987
Employees
53,000
Baker Hughes secured a contract from Azule Energy to supply subsea production systems for the $5.1 billion Greater PAJ offshore oil project in Angola. The deal strengthens Baker Hughes' position in sub-Saharan Africa's deepwater market, with equipment deliveries starting in 2027 to support production from 252 million barrels of reserves.
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Equinor has extended drilling and well service contracts worth NOK 17 billion ($1.6 billion) on the Norwegian Continental Shelf, awarding deals to Baker Hughes, Halliburton, and SLB. The extensions aim to maintain production levels and ensure stable energy deliveries to Europe amid ongoing market turbulence.
WFRD
Weatherford International PLC
$84.36
+0.5%
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0
Baker Hughes delivered first-quarter results that surpassed Wall Street expectations, with revenue reaching $6.59 billion and adjusted earnings of $0.58 per share. The company secured major contracts across LNG and oilfield services while completing strategic portfolio sales totaling $1.5 billion.
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Baker Hughes signed a definitive agreement to sell Waygate Technologies to Hexagon for $1.45 billion in cash. The transaction supports Baker Hughes' strategy to streamline operations and focus on core energy technology businesses while strengthening its balance sheet ahead of its planned $13.6 billion acquisition of Chart Industries.
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Baker Hughes agreed to sell its Waygate Technologies unit to Sweden's Hexagon for $1.45 billion in cash, marking the latest divestiture in the company's ongoing effort to streamline operations and focus on core energy technology businesses. The deal follows earlier asset sales and complements Baker Hughes' parallel $13.6 billion acquisition of Chart Industries.
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