BHGE - Baker Hughes, a GE company

NYSE - NYSE Delayed Price. Currency in USD
22.15
-0.63 (-2.77%)
At close: 4:01PM EDT
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Previous Close22.78
Open22.75
Bid21.04 x 1800
Ask22.14 x 1800
Day's Range21.77 - 22.75
52 Week Range20.09 - 35.55
Volume4,031,725
Avg. Volume4,337,287
Market Cap22.972B
Beta (3Y Monthly)0.78
PE Ratio (TTM)65.73
EPS (TTM)0.34
Earnings DateJul 18, 2019 - Jul 22, 2019
Forward Dividend & Yield0.72 (3.00%)
Ex-Dividend Date2019-05-20
1y Target Est30.33
Trade prices are not sourced from all markets
  • Oil & Gas Journal3 days ago

    Baker Hughes: US rig count down 6 units to 969

    The US drilling rig count fell 6 units, reaching 969 rigs working for the week ended June 14, according to Baker Hughes data. The count is down 90 units from the 1,059 rigs working this time a year ago.

  • MarketWatch3 days ago

    Baker Hughes reports a slight weekly decline in the U.S. oil-rig count

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell by 1 to 788 this week. That followed a decline of 11 rigs last week. The total active U.S. rig count, meanwhile, decreased by 6 to 969, according to Baker Hughes. July West Texas Intermediate crude held onto its gains, up 43 cents, or 0.8%, at $52.71 a barrel.

  • U.S. Crude Hit its Lowest Price in 5 Months: Here's Why
    Zacks4 days ago

    U.S. Crude Hit its Lowest Price in 5 Months: Here's Why

    The federal government's EIA report revealed that crude inventories rose by 2.2 million barrels for the week ending Jun 7 to a nearly 2-year high.

  • Can the Crude Slump Dent Oil Production Volumes in America?
    Zacks4 days ago

    Can the Crude Slump Dent Oil Production Volumes in America?

    With the advent of advanced drilling technologies, oil producers are now competitive enough to produce higher volumes despite investing lower capital and employing lesser rigs.

  • Permian Basin Witnesses the Loss of 6 Oil Drilling Rigs
    Zacks6 days ago

    Permian Basin Witnesses the Loss of 6 Oil Drilling Rigs

    The tally for crude drilling rigs in the United States slips to the lowest level since February 2018.

  • MarketWatch10 days ago

    Baker Hughes reports a weekly decline in the U.S. oil-rig count

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell by 11 to 789 this week. That followed a climb of 3 rigs last week. The total active U.S. rig count, meanwhile, declined by 9 to 975, according to Baker Hughes. July West Texas Intermediate crude held onto its gains, up $1.15, or 2.2%, at $53.74 a barrel.

  • Business Wire10 days ago

    Baker Hughes, a GE company Announces May 2019 Rig Counts

    HOUSTON & LONDON-- -- The Baker Hughes International Rig Count now includes active drilling rigs in Ukraine Baker Hughes, a GE company announced today that the Baker Hughes international rig count for May 2019 was 1,126, up 64 from the 1,062 counted in April 2019, and up 159 from the 967 counted in May 2018. The international offshore rig count for May 2019 was 240, down 11 from the 251 counted in ...

  • Permian Basin Adds Oil Rig for the First Time in 7 Weeks
    Zacks14 days ago

    Permian Basin Adds Oil Rig for the First Time in 7 Weeks

    Although total rig count in the United States increases through the week till May 31, the tally may fall in the coming weeks owing to declining capital spending by U.S. explorers and a drop in oil prices.

  • MarketWatch17 days ago

    Baker Hughes reports a weekly climb in the U.S. oil-rig count, the first in 4 weeks

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by 3 to 800 this week. That followed declines over each of the last three weeks. The total active U.S. rig count, meanwhile, edged up by 1 to 984, according to Baker Hughes. July West Texas Intermediate crude fell further, down $1.85, or 3.3%, to $54.74 a barrel. It was at $54.87 shortly before the rig data.

  • What Went Wrong With Oil Services ETFs in May?
    Zacks17 days ago

    What Went Wrong With Oil Services ETFs in May?

    Among several subsectors, equipment and services ETFs suffered the most in May.

  • Baker Hughes (BHGE) Down 7.9% Since Last Earnings Report: Can It Rebound?
    Zacks18 days ago

    Baker Hughes (BHGE) Down 7.9% Since Last Earnings Report: Can It Rebound?

    Baker Hughes (BHGE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Better Buy: Baker Hughes vs. Core Laboratories N.V.
    Motley Fool18 days ago

    Better Buy: Baker Hughes vs. Core Laboratories N.V.

    Energy services is a tough business today, but one of these two companies simply has a better business model.

  • Permian Oil Rig Tally Declines in 6 Successive Weeks
    Zacks20 days ago

    Permian Oil Rig Tally Declines in 6 Successive Weeks

    The tally for oil drilling rigs in the United States not only declines for three successive weeks, but also touches the lowest mark since March 2018.

  • MarketWatch24 days ago

    Baker Hughes reports a third straight weekly decline in U.S. oil-rig count

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell by 5 to 797 this week. That followed declines over each of the last two weeks. The total active U.S. rig count, meanwhile, fell by 4 to 983, according to Baker Hughes. June West Texas Intermediate crude was up 39 cents, or 0.7%, to $58.30 a barrel. It was at $58.26 shortly before the rig data.

  • General Electric Stock Is Full of Peril
    InvestorPlace25 days ago

    General Electric Stock Is Full of Peril

    General Electric (NYSE:GE) stock, once among the most boring names in the Dow Jones Industrial Average, is now facing constant danger.Source: Shutterstock It met earnings guidance for the first quarter but its asset sale to Danaher (NYSE:DHR) may be in trouble. Fears over its pension liability may be overblown but it has a grim future.CEO Larry Culp is "the man for the job" but GE Power may take three years to recover.InvestorPlace - Stock Market News, Stock Advice & Trading TipsGeneral Electric is a great name, and Culp did a fine job at his previous post running Danaher. But this turnaround may be a bridge too far, and do you really want your money tied up in it? Forget the Name General ElectricThere is romance attached to the name General Electric, and over 130 years of history. In analyzing the company, you need to forget the history, or you'll get lost.Let's call this company Culp Industries. * 6 Stocks to Buy for This Decade's Massive Megatrend Culp Industries is a conglomerate with a market cap of $84 billion. It has $107.5 billion in "borrowings," $36.8 billion of insurance liabilities and annuity benefits (from a failed effort in long-term-care insurance), and $32.9 billion in "non-current compensation and benefits" (mainly pensions). This leaves $35.2 billion for "shareholder equity" on the books, up from $31 billion a year ago.Culp Industries consists of several businesses, some of which are doing well and some of which are doing poorly. The Aviation, Healthcare and lending businesses are doing well. The oil and gas business made a little money. The problems are in the power and renewable energy units, which make turbines and related equipment.Culp can't sell the problem children because their value is negative. Closing them would take out $7 billion in revenue and do nothing to reduce those liabilities. The Danaher deal trims the size of the healthcare unit but brings in about $21 billion. Apply that $20 billion to the balance sheet and it takes just one-fifth of the debt. Questions for GE StockIt's the power unit that's taking the whole company down. Respected JPMorgan Chase analyst Stephen Tusa says Culp "appears to be stopping short of telling the whole story" about the unit, which is losing market share. Cash flow for the unit is now seen as "significantly negative." There are more negative data points. General Electric continues to lay off workers, quietly moving jobs to India. The healthcare unit's activities in Brazil could draw fines under the Foreign Corrupt Practices Act.Culp is doing everything he can, short of changing his company's name to Culp Industries, to make investors forget about the old General Electric. He's turning over the board and has dumped plans to build a glorious new headquarters in Boston. Instead, the company will rent space.I can't imagine anyone doing a better job with the hand he has been dealt than Larry Culp. He has moved decisively to reduce cash flow drain, focused on operations that are making money, and created a new attitude for GE stock.If the oil and gas unit, Baker Hughes (NYSE:BHGE), has a winner in its "electric fracking" equipment, more good news could be on the way. BHGE stock is doing better than rivals Schlumberger (NYSE:SLB) and Halliburton (NYSE:HAL), but its value is still down by more than one-third in the last year. The Bottom LineI wouldn't buy Culp Industries here. There are green shoots, the CEO is doing what he can, but an economic downturn could sink the company's big plans at any time -- even at $10 per share.Dana Blankenhorn is a financial and technology journalist. He is the author of a new environmental story, Bridget O'Flynn and the Bear , available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in JPM. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post General Electric Stock Is Full of Peril appeared first on InvestorPlace.

  • Permian Drillers Steal the Spotlight: 4 Stocks Worth Tracking
    Zacks26 days ago

    Permian Drillers Steal the Spotlight: 4 Stocks Worth Tracking

    Permian drillers are more efficient as they are deploying lesser oil rigs to produce more of the commodity.

  • Baker Hughes: Gauging Institutional Investors’ Sentiments
    Market Realist28 days ago

    Baker Hughes: Gauging Institutional Investors’ Sentiments

    Top Oilfield Services Stocks: Changes in Institutional Ownership(Continued from Prior Part)Top transactionsTogether, the top ten institutional investors in Baker Hughes (BHGE) added 2.4 million shares to their positions in the stock during the first

  • Permian Oil Rig Tally Declines in 5 Consecutive Weeks
    Zacks28 days ago

    Permian Oil Rig Tally Declines in 5 Consecutive Weeks

    Oil drilling rig count in the United States not only declines for two weeks in a row, but also touches the lowest mark since March 2018.

  • Where Will Baker Hughes Be in a Year?
    Motley Foollast month

    Where Will Baker Hughes Be in a Year?

    Baker Hughes is still working through its complicated merger with GE's oil and gas business, and that's both good and bad.

  • MarketWatchlast month

    Baker Hughes data show U.S. oil-rig count down for a second straight week

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell by 3 to 802 this week. That followed a decline of 2 rigs the previous week. The total active U.S. rig count, meanwhile, also fell by 1 to 987, according to Baker Hughes. June West Texas Intermediate crude fell 6 cents, or 0.1%, to $62.81 a barrel. It was at $62.76 shortly before the rig data.

  • Business Wirelast month

    Baker Hughes, a GE company Declares Quarterly Dividend

    Baker Hughes, a GE company announced today that the BHGE Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on May 31, 2019 to holders of record on May 21, 2019.

  • MarketWatchlast month

    Baker Hughes data show that U.S. oil-rig count edged lower in latest week

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell by 2 to 805 this week. That followed an increase of 2 oil rigs the previous week. The total active U.S. rig count, meanwhile, also fell by 2 to 988, according to Baker Hughes. June West Texas Intermediate crude climbed by 27 cents, or 0.4%, to $61.97 a barrel. It was little changed from shortly before the rig data.

  • KBR Wins Contract Extension for Greater Tortue Ahmeyim Project
    Zackslast month

    KBR Wins Contract Extension for Greater Tortue Ahmeyim Project

    KBR is set to provide engineering, procurement and construction management services for phase 1 of the Greater Tortue Ahmeyim Project.

  • The Zacks Analyst Blog Highlights: Verizon, Abbott, Illinois Tool Works, Moody's and Baker Hughes
    Zackslast month

    The Zacks Analyst Blog Highlights: Verizon, Abbott, Illinois Tool Works, Moody's and Baker Hughes

    The Zacks Analyst Blog Highlights: Verizon, Abbott, Illinois Tool Works, Moody's and Baker Hughes

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    Zackslast month

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