Baker Hughes (BKR) could produce exceptional returns because of its solid growth attributes.
Investors interested in stocks from the Oil and Gas - Field Services sector have probably already heard of Baker Hughes (BKR) and Core Laboratories (CLB). But which of these two companies is the best option for those looking for undervalued stocks?
Baker Hughes (BKR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
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Baker Hughes Company BKR reported better-than-expected second-quarter earnings, after the closing bell on Thursday.
A leading energy industry report has revealed a steadily climbing number of oil and gas rigs in the U.S. offering a harbinger of improved near-term oil and gas production stateside.
U.S. energy firms this week added oil and natural gas rigs for a second week in a row , boosting the monthly count by the most since November 2022, energy services firm Baker Hughes said in its closely followed report on Friday.
Baker Hughes cut its outlook for spending by oil producers on Friday, citing lower drilling activity by North American companies, joining other oilfield service companies in warning about softness in the region.
Baker Hughes' (BKR) Q2 earnings benefit from higher contributions from Oilfield Services and Equipment and the Industrial & Energy Technology business units, fueled by significant contract wins.
Baker Hughes (BKR) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.39 per share a year ago.
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