Trade Tracker: Josh Brown buys Baker Hughes
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to discuss why he's buying the energy name.
US oil and gas rig count unchanged this week, Baker Hughes says
U.S. energy firms kept the number of oil and natural gas rigs operating unchanged for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.
Baker Hughes: A Possible Rise In Drilling Activity Could Boost Oil & Gas Equipment Demand
The oil & gas sector is experiencing significant momentum, but still lags the S&P 500 on a YTD basis. I explore US energy picks in a Trump Vs. Harris analysis. Reflexive patterns in revenue, earnings per share, and free cash flow indicate robust financial health and value. The investment thesis is that there may be increased demand for drilling both domestically [US] and Internationally on the horizon.
Baker Hughes to supply pipe systems to Brazil's Petrobras
Oilfield services company Baker Hughes announced an agreement on Monday to supply Petrobras with 77 kilometers (47.85 miles) of flexible pipe systems for Brazil's pre-salt fields in the Santos Basin.
Baker Hughes Q3 Results: Decent Performance, But I Am Cautious For Now
Baker Hughes Company reported mixed Q3 results, with strong backlog and improved margins, but lower orders raise concerns about future growth. The company's financial position is solid with $2.66B in cash and $6B in long-term debt, and operating income covers interest expenses tenfold. LNG growth is a major future catalyst, with management expecting significant demand increases, but short-term uncertainties remain, especially around regulatory issues.
Baker Hughes Company (BKR) Q3 2024 Earnings Call Transcript
Baker Hughes Company (NASDAQ:BKR ) Q3 2024 Earnings Conference Call October 23, 2024 9:30 AM ET Company Participants Chase Mulvehill - VP, IR Lorenzo Simonelli - Chairman & CEO Nancy Buese - CFO Conference Call Participants David Anderson - Barclays Scott Gruber - Citigroup Stephen Gengaro - Stifel James West - Evercore ISI Saurabh Pant - Bank of America Marc Bianchi - TD Cowen Operator Good day, ladies and gentlemen, and welcome to the Baker Hughes Company Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Baker Hughes CEO breaks down earnings results after beating expectations
Lorenzo Simonelli, Baker Hughes chairman and CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, the shift away from the cyclicality of the energy market, and much more.
Baker Hughes Q3 Earnings Beat Estimates, Revenues Miss
BKR's Q3 earnings benefit from higher contributions from Oilfield Services and Equipment and the Industrial & Energy Technology business units, driven by margin expansion.
Baker Hughes (BKR) Q3 Earnings Beat Estimates
Baker Hughes (BKR) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.42 per share a year ago.
Here's Why Baker Hughes (BKR) is a Strong Growth Stock
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Why Baker Hughes (BKR) is a Top Value Stock for the Long-Term
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Here's Why Hold Strategy is Apt for Baker Hughes Stock
Baker Hughes (BKR) has a strong focus on gas technology and LNG, both of which are essential for addressing the rising global demand for natural gas.
