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Baker Hughes (BKR) Raises 2026 Guidance. But Investors Aren’t Impressed
Insider Monkey4d agoneutral
Baker Hughes (BKR) Raises 2026 Guidance. But Investors Aren’t Impressed

Baker Hughes Company (NASDAQ:BKR) raised its 2026 financial guidance on September 9, reflecting the impact of its $13.6 billion acquisition of Chart Industries, a global manufacturer and servicer of highly engineered equipment focused on the industrial gas and clean energy markets. The oilfield services company now expects revenue of $28.50 billion to $30.30 billion in […]

Odessa American, Texas6d agoneutral
US rig count up four as prices tick up

The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 269 rigs active in the region. A year ago, 254 rigs were active in the region. Nationally, the oil and gas rig count is up four from last week at 595 rigs. A year ago, 542 rigs were active. The count shows that 452 rigs sought oil, up two from the previous week, and 134 explored for ...

U.S. Oil, Gas Rig Count Creeps Up With Strong Prices
Oilprice.com6d agoneutral
U.S. Oil, Gas Rig Count Creeps Up With Strong Prices

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US rising to 595,

Why Is Baker Hughes (BKR) Winning One Of America’s Biggest LNG Compression Orders?
Simply Wall St.6d agoneutral
Why Is Baker Hughes (BKR) Winning One Of America’s Biggest LNG Compression Orders?

Baker Hughes (NasdaqGS:BKR) has received a large order for gas compression and liquefaction systems linked to Venture Global's Plaquemines LNG facility and the Cloud Connector Pipeline project. The award involves one of the largest single deployments of LNG feed gas compression equipment for transportation use in the United States. The deal expands Baker Hughes' role across the natural gas value chain and deepens its relationship with Venture Global for future LNG capacity. The Baker Hughes...

Baker Hughes (BKR) and Venture Global (VG) Team Up for the Next LNG Wave
Insider Monkey9d agoneutral
Baker Hughes (BKR) and Venture Global (VG) Team Up for the Next LNG Wave

Baker Hughes Company (NASDAQ:BKR) and Venture Global, Inc. (NYSE:VG) are expanding their collaboration through a new set of equipment orders. Under the award, BKR will provide 13 gas compression systems for VG’s Cloud Connector Pipeline project in Louisiana, along with four liquefaction blocks containing eight liquefaction modules to support additional LNG production capacity at the […]

Odessa American, Texas13d agobullish
US rig count up three as prices soar

The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 268 rigs active in the region. A year ago, 254 rigs were active in the region. Nationally, the oil and gas rig count is up three from last week at 591 rigs. A year ago, 539 rigs were active. The count shows that 450 rigs sought oil, up one from the previous week, and 132 explored for ...

U.S. Oil Rig Count Rises as Oil Tops $100
Oilprice.com13d agobullish
U.S. Oil Rig Count Rises as Oil Tops $100

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday

StockStory14d agoneutral
Baker Hughes (BKR) Stock Trades Down, Here Is Why

Shares of energy technology company Baker Hughes (NASDAQ:BKR) fell 6.5% in the afternoon session after CEO Lorenzo Simonelli stated at the Barclays conference that integration costs and weaker margins from the Chart Industries acquisition will weigh on near-term financial performance.

Baker Hughes (BKR) Lands Multi-Year Contract with Pakistan’s OGDC
Insider Monkey17d agoneutral
Baker Hughes (BKR) Lands Multi-Year Contract with Pakistan’s OGDC

Baker Hughes Company (NASDAQ:BKR) announced on September 3 that it had secured a multi-year contract with Pakistan’s Oil & Gas Development Company to maximize production performance from its mature oil and gas fields. The company did not disclose the financial terms of the deal. As per the agreement, Baker Hughes will assess over 120 wells […]

Odessa American, Texas20d agobullish
Basin rig count up one as prices surge

The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 268 rigs active in the region. A year ago, 254 rigs were active in the region. Nationally, the oil and gas rig count is unchanged from last week at 588 rigs. A year ago, 537 rigs were active. The count shows that 449 rigs sought oil, up two from the previous week, and 130 explored for ...

2 Reasons to Avoid BKR and 1 Stock to Buy Instead
StockStory20d agobullish
2 Reasons to Avoid BKR and 1 Stock to Buy Instead

Although Baker Hughes (currently trading at $64.05 per share) has gained 5.2% over the last six months, it has trailed the S&P 500’s 11.7% return during that period. This might have investors contemplating their next move.

Nano Nuclear Advances KRONOS Helium Circulator to Detailed Design Phase
InvestorsHub21d agoneutral
Nano Nuclear Advances KRONOS Helium Circulator to Detailed Design Phase

Nano Nuclear Energy (NASDAQ:NNE) said its engineering collaboration with Howden, a Baker Hughes business, has progressed to the detailed design phase for the primary helium circulator of its KRONOS MMR™ Energy System. The helium circulator is a mechanical subsystem designed to move helium coolant through the reactor core to transfer heat.