BHGE - Baker Hughes Company

NYSE - Nasdaq Real Time Price. Currency in USD
22.08
+0.09 (+0.41%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close21.99
Open0.00
Bid0.00 x 4000
Ask0.00 x 1300
Day's Range22.04 - 22.56
52 Week Range20.09 - 28.65
Volume3609731
Avg. Volume7,409,572
Market Cap23B
Beta (5Y Monthly)0.94
PE Ratio (TTM)53.85
EPS (TTM)0.41
Earnings DateOct 30, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est28.79
  • MarketWatch

    Baker Hughes data show an increase in the weekly U.S. oil-rig count

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by four to 667 this week. That followed declines in each of the last seven weeks. The total active U.S. rig count, meanwhile, was unchanged from last week at 799, according to Baker Hughes. Oil prices held onto their earlier gains, with January West Texas Intermediate crude up 85 cents, or 1.4%, at $60.03 a barrel.

  • Barrons.com

    Chevron Is Taking a $10 Billion Write Down. Here’s Why.

    Chevron announced its capital spending plans for 2020—and also said it was taking a $10 to $11 billion asset write down, mainly related to natural gas related assets. That could move energy sector stocks in Wednesday trading.

  • Barrons.com

    Baker Hughes Stock Is a Top Idea at Bank of America. That’s Good For GE.

    Analyst Chase Mulvehill put Baker Huges on Bank of America’s “U.S. 1” list—a collection of the bank and brokerage firm’s best ideas. General Electric has more than $8 billion worth of Baker shares.

  • Rigzone.com

    Baker Hughes Awards Kuwait Drilling Contracts

    Baker Hughes has awarded ADES International Holding a pair of deep drilling contracts.

  • MarketWatch

    U.S. oil futures post biggest weekly rise since June

    Oil futures settled higher on Friday, with U.S. prices up more than 7% for the week to mark their highest weekly percentage climb since June. Prices got a lift after the Organization of the Petroleum Exporting Countries and its allies announced an agreement to cut production by an additional 500,000 barrels a day starting in January. Including the 1.2 million barrels in reductions under the current pact, that will bring total output cuts to 1.7 million barrels a day from October 2018 levels. Even so, analysts said concerns surrounding a slowdown in oil demand remain. Meanwhile, Baker Hughes reported a seventh straight weekly decline in the number of active U.S. rigs drilling for oil. January West Texas Intermediate oil rose 77 cents, or 1.3%, to settle at $59.20 a barrel on the New York Mercantile Exchange. For the week, the U.S. benchmark rose 7.3%, the biggest such rise since the week ended June 21, according to FactSet data.

  • MarketWatch

    Baker Hughes data show a 7th straight 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 five to 663 this week. That followed declines in each of the last six weeks. The total active U.S. rig count, meanwhile, also fell by three to 799, according to Baker Hughes. Oil prices held onto their earlier gains, with January West Texas Intermediate crude up 52 cents, or 0.9%, at $58.95 a barrel.

  • Business Wire

    Baker Hughes Announces November 2019 Rig Counts

    Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for November 2019 was 1,096, down 34 from the 1,130 counted in October 2019, and up 105 from the 991 counted in November 2018. The international offshore rig count for November 2019 was 247, up 5 from the 242 counted in October 2019, and up 41 from the 206 counted in November 2018.

  • The stock market's biggest winners and losers of the past decade
    Yahoo Finance

    The stock market's biggest winners and losers of the past decade

    With the 2010s officially drawing to a close, Yahoo Finance took a look at some of the biggest S&P 500 winners and losers of the past decade based on price returns.

  • Introducing Baker Hughes (NYSE:BKR), The Stock That Slid 68% In The Last Three Years
    Simply Wall St.

    Introducing Baker Hughes (NYSE:BKR), The Stock That Slid 68% In The Last Three Years

    Investing in stocks inevitably means buying into some companies that perform poorly. But the long term shareholders of...

  • Rigzone.com

    Baker Hughes, C3.ai, Microsoft Team up to Boost Energy AI

    The JV will help customers adopt scalable AI solutions for the energy industry that promote safety, reliability, and sustainability.

  • Texas energy data wrap: Government agency says WTI crude oil price to trend downward in 2020
    American City Business Journals

    Texas energy data wrap: Government agency says WTI crude oil price to trend downward in 2020

    The U.S. Energy Information Administration recently reported U.S. dry natural gas production hit a record and predicted that crude prices would be lower on average next year.

  • Rigzone.com

    Baker Hughes Signs Long-Term Saudi Arabia Contracts

    Baker Hughes broke ground Wednesday on its first manufacturing site in Saudi Arabia. PHOTO SOURCE: Sadara

  • Reuters

    Baker Hughes says its western Venezuela unit returns to regular operations

    U.S. oil services company Baker Hughes on Friday said its facility in western Venezuela had returned to regular operations, after a local mayor announced the temporary closure of the unit due to alleged tax delinquency. "Baker Hughes is pleased to see that the matter has been moved to the normal judicial process and its facility has returned to regular operations," the company said in a statement.

  • Reuters

    UPDATE 2-Baker Hughes' Venezuela office reopens after town orders "temporary closure"

    MARACAIBO, Venezuela/CARACAS, Nov 8 (Reuters) - Baker Hughes' western Venezuela office has returned to "regular operations," the company said on Friday, after a local government earlier ordered it closed due to the company's alleged failure to pay municipal taxes. Before sunrise on Friday morning, Orlando Urdaneta, mayor of the La Canada de Urdaneta municipality in oil-rich Zulia state, tweeted a photo of himself outside the office of the U.S. oil services firm announcing the closure, and issued a statement calling on the company to negotiate. "Baker Hughes is pleased to see that the matter has been moved to the normal judicial process and its facility has returned to regular operations," the company said.

  • Baker Hughes accelerates efforts to further separate from GE
    American City Business Journals

    Baker Hughes accelerates efforts to further separate from GE

    Baker Hughes Co. (NYSE: BKR) is accelerating its efforts to complete its separation from General Electric Co. (NYSE: GE), according to the company’s top executive. Baker Hughes has been working on parting ways with its former parent company since GE announced its intent to exit its stake in the oil field services company back in 2018, said Lorenzo Simonelli, CEO of Baker Hughes. In the third quarter, GE sold enough of its stake in Baker Hughes that it ceased to be a majority shareholder.

  • Reuters

    UPDATE 1-Baker Hughes adjusted profit rises on strong foreign demand

    Baker Hughes Co reported a rise in quarterly adjusted profit on Wednesday, helped by increased demand for its oilfield services and higher margins for its turbomachinery such as gas turbines and compressors. The company's results contrasted with steep falls in revenue reported by some of its rivals in the oilfield services industry as it benefited from stronger equipment sales to customers building liquefied natural gas plants and a rise in business outside the United States. Operating income in the turbomachinery and process solutions unit, the company's second largest business, rose 22% on higher margin from equipment sales and cost savings.

  • Rigzone.com

    Baker Hughes Rakes in Higher Profits in 3Q

    Baker Hughes Company's net income for third quarter was $57 million, more than quadruple the amount year-over-year.

  • American City Business Journals

    Behind The List: These Houston-based publicly traded companies had the largest asset volume in 2018

    Among the top public companies based in the Houston area, the largest asset volume for 2018 was $78.87 billion. Find out which companies made the top 20 list.

  • GE’s Earnings: Will Culp’s Company Surprise Analysts?
    Market Realist

    GE’s Earnings: Will Culp’s Company Surprise Analysts?

    GE plans to report its Q3 earnings tomorrow before the market opens. The market will be watching for signs of transformation under CEO Larry Culp.

  • Baker Hughes name change complete, drops GE
    American City Business Journals

    Baker Hughes name change complete, drops GE

    Baker Hughes has a new name once again. The change from Baker Hughes, A GE Company, to simply Baker Hughes Co. became effective Oct. 17, according to a press release. The company's ticker symbol — currently "BHGE" — will change to "BKR" on Oct. 18.

  • Business Wire

    BHGE Changes Its Name to Baker Hughes Company

    The Company will be known as Baker Hughes, and on Oct. 18, 2019, its Class A common stock will begin trading on the New York Stock Exchange under the symbol “BKR”. Baker Hughes is uniquely positioned as an energy technology company, with a diverse portfolio that spans the entire energy value chain.

  • Rigzone.com

    BHGE Drops the GE

    Baker Hughes, a GE company (BHGE) reported Thursday that it has changed its name to Baker Hughes Co.

  • What Lies Ahead for Oilfield Service in Q3 Earnings?
    Zacks

    What Lies Ahead for Oilfield Service in Q3 Earnings?

    Although weak oil pricing and conservative capital spending by US explorers might have acted as headwinds in Q3, rising rig count in international market may have lent support to oilfield service.

  • MarketWatch

    Baker Hughes data show U.S. oil-rig count up for first time in 8 weeks

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by two to 712 this week. That followed declines in each of the last seven weeks. The total active U.S. rig count, meanwhile, also edged up by one to 856, according to Baker Hughes. November West Texas Intermediate crude was up 81 cents, or 1.5%, at $54.36 a barrel.