Summary
68V Chart
Baker Hughes to Acquire Continental Disc Corporation, a Differentiated Leader in Pressure Management Solutions
HOUSTON and LONDON, June 16, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday it has agreed to acquire Continental Disc Corporation (CDC), a leading provider of safety-critical pressure management solutions, from investment partnerships managed by Tinicum Incorporated in an all-cash transaction for approximately $540 million.
Baker Hughes CEO: Focus on future oil demand-supply dynamics, not short term volatility
Lorenzo Simonelli, CEO of Baker Hughes discusses the recent Israel-Iran and its' impact on volatility in oil prices and stresses not to focus on short-term volatility in oil prices. He also touches on the firm's business strategy and sustainability efforts.
Baker Hughes says all facilities operating in Middle East
All the facilities of energy services firm Baker Hughes are operating normally in the Middle East, chief executive Lorenzo Simonelli told Reuters on the sidelines of the Energy Asia conference on Monday.
Baker Hughes Company Dividends
 BKR In 1 month Estimated | Quarterly | $0.23 Per Share |
| BKR 1 month ago Paid | Quarterly | $0.23 Per Share |
| BKR 4 months ago Paid | Quarterly | $0.23 Per Share |
| BKR 7 months ago Paid | Quarterly | $0.21 Per Share |
| BKR 10 months ago Paid | Quarterly | $0.21 Per Share |
| BKR 3 May 2024 Paid | Quarterly | $0.21 Per Share |
Baker Hughes Company Earnings
| 23 Jul 2025 (37 Days) Date | | - Cons. EPS | - EPS |
| 21 Apr 2025 Date | | - Cons. EPS | - EPS |
| 21 Jan 2025 Date | | 0.63 Cons. EPS | 0.7 EPS |
| 23 Oct 2024 Date | | 0.61 Cons. EPS | - EPS |
| 22 Oct 2024 Date | | 0.61 Cons. EPS | 0.67 EPS |
| BKR In 1 month Estimated | Quarterly | $0.23 Per Share |
| BKR 1 month ago Paid | Quarterly | $0.23 Per Share |
| BKR 4 months ago Paid | Quarterly | $0.23 Per Share |
| BKR 7 months ago Paid | Quarterly | $0.21 Per Share |
| BKR 10 months ago Paid | Quarterly | $0.21 Per Share |
| BKR 3 May 2024 Paid | Quarterly | $0.21 Per Share |
| 23 Jul 2025 (37 Days) Date | | - Cons. EPS | - EPS |
| 21 Apr 2025 Date | | - Cons. EPS | - EPS |
| 21 Jan 2025 Date | | 0.63 Cons. EPS | 0.7 EPS |
| 23 Oct 2024 Date | | 0.61 Cons. EPS | - EPS |
| 22 Oct 2024 Date | | 0.61 Cons. EPS | 0.67 EPS |
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Baker Hughes Company Profile
| Oil & Gas Equipment & Services Industry | Energy Sector | Mr. Lorenzo Simonelli CEO | XBER Exchange | US05722G1004 ISIN |
| US Country | 57,000 Employees | 11 Feb 2025 Last Dividend | - Last Split | 5 Jul 2017 IPO Date |
Overview
Baker Hughes Company, operating globally, offers a comprehensive range of technologies and services across the energy and industrial sectors. With its operations divided into Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments, the company addresses the needs of the entire energy value chain. Originally known as Baker Hughes, a GE company, it underwent a rebranding in October 2019 and established itself with the current name. Baker Hughes was founded in 2016 and has its headquarters in Houston, Texas. The company's clientele spans oil and natural gas companies, both US-based and international independents, national or state-owned entities, engineering and construction contractors, geothermal entities, and other service providers in the oilfield sector.
Products and Services
The array of products and services offered by Baker Hughes is categorized under its two operating segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET), detailed as follows:
- Exploration to Decommissioning Services: Encompassing everything from exploration, appraisal, development, production, rejuvenation, to decommissioning, primarily for onshore and offshore oilfield operations. This includes drilling services, drill bits, drilling and completions fluids, completions, intervention, measurements, pressure pumping, and wireline services.
- Artificial Lift Systems: Enhance production efficiency through various forms of artificial lift solutions.
- Oilfield and Industrial Chemicals: Supply of specialized chemicals for various phases of oilfield operations and other industrial applications.
- Subsea Projects and Services: Offering a suite of services for subsea infrastructure, including flexible pipe systems and surface pressure control systems.
- Integrated Well Services: Providing comprehensive well services that span the lifecycle of a well to maximize its productivity and efficiency.
- Gas Technology Equipment: Solutions including drivers and driven equipment, flow control, and turnkey solutions catering to mechanical-drive, compression, and power-generation applications across the energy sector.
- LNG Operations and Petrochemical Solutions: Offering products and services tailored for liquefied natural gas operations and the broader petrochemical industry.
- Rack-based Vibration Monitoring Equipment and Sensors: Advanced monitoring solutions for ensuring equipment reliability and performance.
- Asset Performance Management Products: Tools and technologies designed to improve the performance and efficiency of energy assets through integrated management.
- Inspection Services, Pumps, Valves, and Gears: Comprehensive inspection services alongside critical mechanical components essential for the safe and efficient operation of industrial and energy facilities.
- Precision Sensors and Instrumentation: High-precision equipment for accurate sensing and measurement crucial for operational integrity and success.
- Condition Monitoring Solutions: Offering advanced solutions for monitoring the condition of equipment and facilities to prevent failures and optimize performance.
Contact Information
